Wood Pellets Market Outlook Driven by Rising Demand for Biomass Fuel
The wood pellets market is projected to grow at a CAGR of 6.0% from 2025 to 2034, rising from USD 9.97 billion in 2025 to USD 16.85 billion by 2034, according to Polaris Market Research. The power segment is expected to register the highest CAGR over the forecast period, due to increasing investment in biomass-based power plants and co-firing applications in coal power stations. Utilities are...
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