Global markets for wood pellets are projected to grow by 200 to 300% from 2012 to 2020 – from 16 million tonnes to 40-50 million tonnes.
Forecasts indicate that Europe will remain the major market for wood pellets – at about 25-30 million tonnes in 2020 compared to 12 million tonnes in 2010. An important market change expected during the next eight years is the huge consumption growth forecast...