Business
Wood Pellets Industry Overview
Wood Pellets Industry Overview.
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[{"type":"text","content":"Malaysia, Wednesday January 31, 2018 – Global wood pellet markets, both the heating and industrial sectors, have had significant growth in the past decade. Growth rates over the most recent four years of data has been about 10 per cent annually; from about 19.5 million metric tons in 2012 to about 28 million metric tons in 2015.Future demand in the U.K. and E.U. is expected to plateau by 2020. However major growth is expected in Japan, and Korea in the 2020s. Canada has the potential to experience increasing demand for industrial pellets. That is due to decarbonization policies from the Canadian federal government and specific policies in provinces such as Alberta.SOURCE: Food and Agriculture organization of the United Nations","length":828,"tagName":"div"}]