As can be seen by the graph below the demand for wood pellets has soared over the last ten years and demand is predicted to continue to increase up to 2030.
The demand is fuelled by developed countries moving away from traditional fuels such as coal to green alternatives such as wood pellets. Across Europe, North America and Asia major Power Stations have been constructed, or have been converted to burn wood pellets.
In a recent white paper, FutureMetrics had analysed an optimistic industrial wood pellet demand forecast, which exclude China. It shows the average growth from 2010 to 2025 to be over 3 million metric tons per year, tripling industrial wood pellet demand from now to 2025. This forecast relies on markets developing in Japan, Korea, the U.S. and Canada, which are the countries indicated with the most potential growth after 2021.
Company Name: EcoCrops International
Contact Person: James Grainer
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Phone: +34 932 201 207
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State: Catalunya 08007