Wood Pellets Market Growth Driven by 9.9% CAGR Through 2035
The global wood pellets market is expected to witness robust growth, with its valuation projected to rise from USD 12.18 billion in 2025 to USD 31.33 billion by 2035, registering a strong CAGR of 9.9%. This surge is primarily driven by the rising demand for sustainable and renewable energy sources, increased adoption in residential heating, and growing use in power generation across developed and emerging economies.
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Explore how sustainability initiatives are driving demand for wood pellets as a fuel source.