Here are the top 10 wood pellet brands in the world today, according to a report by Grand View Research:
- Enviva (US)
- Pinnacle Renewable Energy Inc. (Canada)
- Vyborg Energy (Finland)
- Biomass Secure Power Group (US)
- Domtar (Canada)
- Pöyry Bioenergy (Finland)
- Drax Group (UK)
- Plymouth Pellets (France)
- Energwood (Norway)
- Rettenmaier & Sohne (Germany)
These brands lead the market in terms of production scale, market share, and revenue. They provide wood pellets to power plants, homes, and other businesses.
Wood pellets are a clean and efficient source of renewable energy. They are made from wood byproducts, such as sawdust, wood shavings, and straw. Wood pellets can be used for heating, electricity generation, and cooking.
The wood pellet market is growing rapidly, with a projected growth rate of 8.8% from 2022 to 2027. This growth is driven by the increasing demand for clean energy, rising fossil fuel costs, and policies supporting the development of renewable energy.
Source: Overc team synthesize, analyze and write.