Wood Pellet Fuel Market to Grow with 7.73% CAGR through 2027
Global wood pellet fuel market is expected to grow with increasing advancements in energy and power generations. According to TechSci Research report, “ Wood Pellet Fuel Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ”, Global wood pellet fuel market is expected to register growth at 7.73% CAGR value during the forecast period, 2023-2027F, to achieve the market value of USD16789.59 million by the year 2027F. The rising demand for energy-efficient solutions and power generation is actively driving the growth of the global wood pellet fuel market in the upcoming five years. The rising demand for eco-friendly alternatives further supports the growth of the global wood pellet fuel market in the next five years. Additionally, increasing deployment of renewable energy facilities around the globe would further enhance the product penetration and thus aids the growth of the global wood pellet fuel market in the future five years. Industrial ...