According to Future Market Insights (FMI), Europe black & wood pellets market is projected to grow at a firm 9.0% CAGR during the assessment 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 biomass. 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 assessment 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 analyst.

Who is Winning?     

Key market participants of the Black & Wood Pellets market elaborated in the report include Idemitsu Kosan Co., Ltd., Blackwood Technology, Zikha Biomass 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 Biomasse, & 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 analysis 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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