Global Wood Pellets Market Outlook (2020 to 2027) – Featuring Novartis, Pfizer and Sanofi Among Others – ResearchAndMarkets.com
ResearchAndMarkets.com’s offering. According to the report, the Global Wood Pellets market accounted for $8.88 billion in 2019 and is expected to reach $21.21 billion by 2027 growing at a CAGR of 11.5% during the forecast period. Some of the key factors propelling the market growth include growing consciousness regarding the use of renewable energy sources for space heating in residential and commercial heating, rising financial incentives by several federal agencies, numerous favourable government policies, and the low cost of raw materials for making wood pellets. However, the high cost o...