India Wood Pellets Market (2024-2030) | Value, Analysis, Companies, Share, Revenue, Forecast, Outlook, Trends, Industry, Size & Growth

Market Forecast By Types (Hardwood, Softwood), By Applications (Power Plants, Residential Heating, Commercial Heating, Combined Heat and Power (CHP)) And Competitive Landscape
Product Code: ETC007484 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Wood Pellets Market Shipment Analysis

India Wood Pellets Market registered a decline of -62.28% in value shipments in 2022 as compared to 2021 and an increase of 18.05% CAGR in 2022 over a period of 2017. In Wood Pellets Market India is becoming more competitive as the HHI index in 2022 was 5215 while in 2017 it was 7645. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Wood Pellets Market.

India Wood Pellets Market Competition 2023


India Export Potential Assessment For Wood Pellets Market (Values in Thousand)


India Wood Pellets Market Synopsis

The India wood pellets market is estimated to witness a significant growth rate during the forecast period 2020-2026. Wood pellets are an important source of renewable energy in India and have been gaining importance due to their environmental friendly characteristics, such as low emissions and high calorific value. These pellets also provide better economic efficiency than conventional fuels like coal or petroleum products. Increase in demand for fuel sources that are cheaper and less hazardous has led to a surge in the usage of biomass pellets which further contributes positively towards the growth of India?s wood pellet market. Furthermore, increasing awareness about renewable sources of energy along with technological advancements will help fuel the market share particularly over next few years in India.

Drivers of the Market:

1) Increasing Awareness About Renewable Sources Of Energy: With rising concerns regarding global warming and climate change, governments across countries have started focusing more on promotion of clean energy resources such as solar, wind & biomass based power production systems. This has resulted into increased focus on research & development activities related to utilization of forest residues for producing woody biomass materials which can be transformed into solid biofuel such as wood pellet ? thus driving up the overall market size worldwide including in India too.

2) Government Support For Biomass Based Power Production Systems: Governments across many countries are offering various incentives & subsidies for implementation/installation/operation costs associated with setting up biomass based power generation plants - these measures result into decreased operational cost burden per unit electricity produced out from these small scale plants ? thereby resulting onto wider adoption among end-users mainly residential sector consumers (i.e., households). This factor will play major role especially over next few years when it comes to driving up sales volume for Indian made wood Pellets

Key Highlights of the Report:

  • India Wood Pellets Market Outlook
  • Market Size of India Wood Pellets Market, 2023
  • Forecast of India Wood Pellets Market, 2030
  • Historical Data and Forecast of India Wood Pellets Revenues & Volume for the Period 2020-2030
  • India Wood Pellets Market Trend Evolution
  • India Wood Pellets Market Drivers and Challenges
  • India Wood Pellets Price Trends
  • India Wood Pellets Porter's Five Forces
  • India Wood Pellets Industry Life Cycle
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Types for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Hardwood for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Softwood for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Applications for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Power Plants for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Residential Heating for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Commercial Heating for the Period 2020-2030
  • Historical Data and Forecast of India Wood Pellets Market Revenues & Volume By Combined Heat and Power (CHP) for the Period 2020-2030
  • India Wood Pellets Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Applications
  • India Wood Pellets Top Companies Market Share
  • India Wood Pellets Competitive Benchmarking By Technical and Operational Parameters
  • India Wood Pellets Company Profiles
  • India Wood Pellets Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Wood Pellets Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Wood Pellets Market Revenues & Volume, 2020 & 2030F

3.3 India Wood Pellets Market - Industry Life Cycle

3.4 India Wood Pellets Market - Porter's Five Forces

3.5 India Wood Pellets Market Revenues & Volume Share, By Types, 2020 & 2030F

3.6 India Wood Pellets Market Revenues & Volume Share, By Applications, 2020 & 2030F

4 India Wood Pellets Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Wood Pellets Market Trends

6 India Wood Pellets Market, By Types

6.1 India Wood Pellets Market, By Types

6.1.1 Overview and Analysis

6.1.2 India Wood Pellets Market Revenues & Volume, By Types, 2020-2030F

6.1.3 India Wood Pellets Market Revenues & Volume, By Hardwood, 2020-2030F

6.1.4 India Wood Pellets Market Revenues & Volume, By Softwood, 2020-2030F

6.2 India Wood Pellets Market, By Applications

6.2.1 Overview and Analysis

6.2.2 India Wood Pellets Market Revenues & Volume, By Power Plants, 2020-2030F

6.2.3 India Wood Pellets Market Revenues & Volume, By Residential Heating, 2020-2030F

6.2.4 India Wood Pellets Market Revenues & Volume, By Commercial Heating, 2020-2030F

6.2.5 India Wood Pellets Market Revenues & Volume, By Combined Heat and Power (CHP), 2020-2030F

7 India Wood Pellets Market Import-Export Trade Statistics

7.1 India Wood Pellets Market Export to Major Countries

7.2 India Wood Pellets Market Imports from Major Countries

8 India Wood Pellets Market Key Performance Indicators

9 India Wood Pellets Market - Opportunity Assessment

9.1 India Wood Pellets Market Opportunity Assessment, By Types, 2020 & 2030F

9.2 India Wood Pellets Market Opportunity Assessment, By Applications, 2020 & 2030F

10 India Wood Pellets Market - Competitive Landscape

10.1 India Wood Pellets Market Revenue Share, By Companies, 2023

10.2 India Wood Pellets Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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