Europe Black & Wood Pellets Market – Business Opportunities and Global Forecast to 2032
According to Future Market Insights (FMI), Europe black & wood pellets market is projected to grow at a firm 9.0% CAGR during the ****essment period from 2022 and 2032. Overall black & wood pellet sales across Europe are projected to total a market valuation of US$ 25,812.9 Mn by 2032.
Rising usage of black & wood pellets in power and heat generation applications is a crucial factor expected to drive the market across Europe during the projection period. The Europe black & wood pellets market is expected to be dominated by countries like Germany, the U.K. & Italy and this trend is predicted to continue during the forecast period.
Black & wood pellets are an eco-friendly, renewable, sustainable, and clean kind of biom****. The market for black & wood pellets is rising due to the increased need for renewable energy worldwide and growing focus on limiting the use of fossil fuels that contribute to global warming.
Demand for black & wood pellets across Europe will also be driven by growing environmental concerns and rising government incentives toward sustainability.
“Over the ****essment period, sales of black & wood pellets are expected to be driven by the growing need for renewable energy sources for power generation & heat generation application,” says an FMI ****yst.
Who is Winning?
Key market participants of the Black & Wood Pellets market elaborated in the report include Idemitsu Kosan Co., Ltd., Blackwood Technology, Zikha Biom**** Energy, Arbaflame AS, TTCL Public Company Limited, Verdo Holding A/S, Airex Energie Inc., Graanul Invest, Iwatani Corporation, Land Energy Girvan Limited, Schwaiger Holzindustrie GmbH & Co. KG, Holzwerke Weinzierl GmbH, Balcas Energy, Enviva LP, Drax Group, Ambienta Biom****e, & Naparpellet.
To enhance their market presence and gain greater market shares, prominent market participants are actively focusing on acquisitions, collaborations, and geographical expansions.
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Europe Black & Wood Pellets Industry by Category
By Type:
Black Pellets
Torrefaction
Steam Explosion
Hydrothermal Carbonization
Wood Pellets
Forest Wood & Waste
Agriculture Residue
Others
By Application:
Black Pellets
Power Generation
Heat Generation
Wood Pellets
Free Standing Pellet Stove
Pellet Stove Insert
Pellet Boilers
By End Use:
Black Pellets
Residential
Commercial
Industrial
Others
Wood Pellets
Industrial Pellet for CHP/District Heating
Industrial Pellet for Co Firing
Pellets for Heating Residential/Commercial
Others
By Country:
Germany
Italy
France
The U.K.
Spain
BENELUX
Russia
Rest of EU
More Insights into the Europe Black & Wood Pellets Market Report
In its latest report, FMI offers an unbiased ****ysis of the Europe Black & Wood Pellets market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on type, application, end-use & country.
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