Europe Biomass Pellets Market Forecast to 2030

Europe Biomass Pellets Market Forecast to 2030 – Regional Analysis – by Source (Agricultural Residue, Industrial Waste, Wood, and Others) and Application (Power Plants, Industrial Heating, Residential and Commercial Heating, and Others)

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Description

The Europe biomass pellets market is expected to grow from US$ 6,478.62 million in 2022 to US$ 9,488.43 million by 2030. It is estimated to grow at a CAGR of 4.9% from 2022 to 2030.

Adoption of Biomass Pellets for Animal Bedding Drive Europe Biomass Pellets Market

Biomass pellets are effective and convenient bedding materials that are used in animal bedding applications. Biomass pellets are made from compressed sawdust and other wood fibers, formed into cylindrical shapes with diameters ranging from 6 to 8 millimeters. Wood pellets have several characteristics, specifically high absorbency, attributed to low moisture content and dense composition. Further, wood pellets spread evenly over the animal bedding area, forming a cushion and absorbent layer. Biomass pellets also have odor-absorbing properties, which aid in minimizing unpleasant odors, as these are easy to clean and compost. The demand for wood pellets for bedding has increased for horse bedding applications in the past few years. The adoption of biomass pellets for animal bedding applications has further prompted the manufacturers and organizations to invest in research and development of wood pellets. For instance, in 2019, European Commission, under Horizon 2020 program, funded approximately US$ 9.09 million for the ECO-Pet project. The project was aimed at the development of value-added products such as wood pellets from residuals of the sawmilling process and disused wood waste from conifers and hardwoods. The developed wood pellets were durable, absorbent, and 38% cheaper than other animal bedding products. The ECO-Pet project is aligned with European Commission’s Circular Economy Strategy. Thus, the adoption of biomass pellets for animal bedding is contributing to the Europe biomass pellets market.

Europe Biomass Pellets Market Overview

According to a report published by the United States Department of Agriculture in 2022, the consumption of wood pellets in the EU has been on the rise, attributed to the growing residential applications in Germany and co-firing of wood pellets in the Netherlands. The report revealed the increasing production of wood pellets in the EU27 from 18.67 million metric tons in 2019 to 19.70 million metric tons in 2021. The major consumers of wood pellets in the EU are Italy, the Netherlands, Germany, Denmark, France, Sweden, Belgium, and Austria. Biomass pellets consumption in Europe rose in 2021 due to rising fossil fuel and natural gas prices. The demand for wood pellets in the Netherlands, Denmark, and Belgium was driven by the rising use of pellets in power plants. According to the Eurostat, biomass pellets production in Germany rose from 2.41 million metric tons in 2018 to 3.10 million metric tons in 2020. According to the Croatian Biomass Producer’s Organization, the production of wood pellets in Croatia reached 4 million metric tons in 2020, of which 80–90% was intended for export to other countries. The increasing consumption of biomass pellets in Europe is broadly supported by programs pertaining to biomass pellets appliances by governments of several European countries, such as Austria, Belgium, and France. Further, in 2022, the EU banned Russian wood pellets import in response to the Russia–Ukraine war. The EU trade restrictions associated with Russia led to increased dependency of customers on the domestic production of biomass pellets, thus providing lucrative opportunities for domestic biomass pellets manufacturers.

Europe Biomass Pellets Market Revenue and Forecast to 2030 (US$ Million)

Europe Biomass Pellets Market Segmentation

The Europe biomass pellets market is segmented into source, application, and country.

Based on source, the Europe biomass pellets market is segmented into agricultural residue, industrial waste, wood, and others. In 2022, the wood segment registered the largest share in the Europe biomass pellets market.

Based on application, the Europe biomass pellets market is segmented into power plants, industrial heating, residential and commercial heating, and others. In 2022, the power plants segment registered the largest share in the Europe biomass pellets market.

Based on country, the Europe biomass pellets market is segmented into Germany, France, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe segment registered the largest share in the Europe biomass pellets market.

AS Graanul Invest, Drax Group Plc, Energex American Inc, Enviva Inc, Lignetics Inc, Mallard Creek Inc, and Valfei Products Inc are some of the leading companies operating in the Europe biomass pellets market.

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At 4.9% CAGR, the Europe Biomass Pellets Market is Speculated to be worth US$ 9,488.43 million by 2030, saysthe research team

According tothe research team’ research, the Europe biomass pellets market was valued at US$ 6,478.62 million in 2022 and is expected to reach US$ 9,488.43 million by 2030, registering a CAGR of 4.9% from 2022 to 2030. Increasing utilization of agricultural residues for biomass pellets production and adoption of biomass pellets for animal bedding are the critical factors attributed to the Europe biomass pellets market expansion.

Biomass pellets produced from agricultural residues have been gaining popularity as a sustainable approach to biomass energy production. The production of agricultural residues is directly associated with the largest agricultural regions across the globe. The high availability of agricultural residues creates a scope for promising feedstock for biomass pellets production. Further, the utilization of agricultural residues aids in waste management issues and minimizes the need for incineration activities. The production and sale of value-added products derived from agri-wastes also offer scope for the monetization of waste material. The potential utilization of agricultural residues is recognized by governments of various countries for biomass energy production. Governments and regulatory authorities worldwide have set targets to support energy security and climate change mitigation. Therefore, increasing utilization of agricultural residues for biomass pellets production is expected to create lucrative opportunities in the Europe biomass pellets market over the coming years.

On the contrary, environmental concerns pertaining to the utilization of biomass pellets hurdles the growth of Europe biomass pellets market.

Based on source, the Europe biomass pellets market is segmented into agricultural residue, industrial waste, wood, and others. The wood segment held 92.5% share of Europe biomass pellets market in 2022, amassing US$ 5,992.13 million. It is projected to garner US$ 8,692.78 million by 2030 to expand at 4.8% CAGR during 2022–2030.

Based on application, the Europe biomass pellets market is segmented into power plants, industrial heating, residential and commercial heating, and others. The power plants segment held 39.1% share of Europe biomass pellets market in 2022, amassing US$ 2,531.45 million. It is projected to garner US$ 3,828.25 million by 2030 to expand at 5.3% CAGR during 2022–2030.

Based on country, the Europe biomass pellets market is segmented into Germany, France, Italy, the, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 42.5% share of Europe biomass pellets market in 2022. It was assessed at US$ 2,751.43 million in 2022 and is likely to hit US$ 4,079.09 million by 2030, exhibiting a CAGR of 5.0% during 2022–2030.

Key players profiled in the Europe biomass pellets market report are AS Graanul Invest, Drax Group Plc, Energex American Inc, Enviva Inc, Lignetics Inc, Mallard Creek Inc, and Valfei Products Inc, among others.

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TABLE OF CONTENTS

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Biomass Pellets Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Biomass Pellets Manufacturers
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industry
5. Europe Biomass Pellets Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Wood Pellets from Power Generation Industry
5.1.2 Adoption of Biomass Pellets for Animal Bedding
5.2 Market Restraints
5.2.1 Environmental Concerns Pertaining to the Utilization of Biomass Pellets
5.3 Market Opportunities
5.3.1 Increasing Utilization of Agricultural Residues for Biomass Pellets Production
5.4 Future Trends
5.4.1 Significant Investment in Research and Expansion Strategies
5.5 Impact of Drivers and Restraints:
6. Biomass Pellets Market – Europe Market Analysis
6.1 Europe Biomass Pellets Market Volume (Kilo Tons), 2022 – 2030
6.2 Europe Biomass Pellets Market Revenue (US$ Million), 2022 – 2030
6.3 Europe Biomass Pellets Market Forecast and Analysis
7. Europe Biomass Pellets Market Analysis – Source
7.1 Agricultural Residue
7.1.1 Overview
7.1.2 Agricultural Residue Market Volume, and Forecast to 2030 (Kilo Tons)
7.1.3 Agricultural Residue Market Revenue, and Forecast to 2030 (US$ Million)
7.2 Industrial Waste
7.2.1 Overview
7.2.2 Industrial Waste Market Volume, and Forecast to 2030 (Kilo Tons)
7.2.3 Industrial Waste Market Revenue, and Forecast to 2030 (US$ Million)
7.3 Wood
7.3.1 Overview
7.3.2 Wood Market Volume, and Forecast to 2030 (Kilo Tons)
7.3.3 Wood Market Revenue, and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market Volume and Forecast to 2030 (Kilo Tons)
7.4.3 Others Market Volume, Revenue and Forecast to 2030 (US$ Million)
8. Europe Biomass Pellets Market Analysis – Application
8.1 Power Plants
8.1.1 Overview
8.1.2 Power Plants Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Industrial Heating
8.2.1 Overview
8.2.2 Industrial Heating Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Residential and Commercial Heating
8.3.1 Overview
8.3.2 Residential and Commercial Heating: Biomass Pellets Market Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Europe Biomass Pellets Market Revenue and Forecast to 2030 (US$ Million)
9. Europe Biomass Pellets Market – Country Analysis
9.1 Overview
9.1.1 Europe Biomass Pellets Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Biomass pellets market Breakdown by Country
9.1.1.2 Germany Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.3 Germany Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Germany Biomass Pellets Market Breakdown by Source
9.1.1.3.2 Germany Biomass Pellets Market Breakdown by Source
9.1.1.3.3 Germany Biomass Pellets Market Breakdown by Application
9.1.1.4 France Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.5 France Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 France Biomass Pellets Market Breakdown by Source
9.1.1.5.2 France Biomass Pellets Market Breakdown by Source
9.1.1.5.3 France Biomass Pellets Market Breakdown by Application
9.1.1.6 Italy Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.7 Italy Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Italy Biomass Pellets Market Breakdown by Source
9.1.1.7.2 Italy Biomass Pellets Market Breakdown by Source
9.1.1.7.3 Italy Biomass Pellets Market Breakdown by Application
9.1.1.8 UK Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.9 UK Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.9.1 UK Biomass Pellets Market Breakdown by Source
9.1.1.9.2 UK Biomass Pellets Market Breakdown by Source
9.1.1.9.3 UK Biomass Pellets Market Breakdown by Application
9.1.1.10 Russia Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.11 Russia Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.11.1 Russia Biomass Pellets Market Breakdown by Source
9.1.1.11.2 Russia Biomass Pellets Market Breakdown by Source
9.1.1.11.3 Russia Biomass Pellets Market Breakdown by Application
9.1.1.12 Rest of Europe Biomass Pellets Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.13 Rest of Europe Biomass Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.13.1 Rest of Europe Biomass Pellets Market Breakdown by Source
9.1.1.13.2 Rest of Europe Biomass Pellets Market Breakdown by Source
9.1.1.13.3 Rest of Europe Biomass Pellets Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Europe Biomass Pellets Market Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Drax Group Plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Enviva Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lignetics Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Wismar Pellets GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AS Graanul Invest
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 UAB Redal Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Premium Pellet Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix

LIST OF TABLES

Table 1. Europe Biomass Pellets Market Segmentation
Table 2. Europe Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Table 3. Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Europe Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – Source
Table 5. Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 6. Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 7. Germany Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 8. Germany Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 9. Germany Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. France Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 11. France Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 12. France Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. Italy Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 14. Italy Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 15. Italy Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. UK Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 17. UK Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 18. UK Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 19. Russia Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 20. Russia Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 21. Russia Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Rest of Europe Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons) – By Source
Table 23. Rest of Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 24. Rest of Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 25. Company Positioning & Concentration

LIST OF FIGURES

Figure 1. Europe Biomass Pellets Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Europe Biomass Pellets Market
Figure 4. Europe Biomass Pellets Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Biomass Pellets Market Volume (Kilo Tons), 2022 – 2030
Figure 7. Europe Biomass Pellets Market Revenue (US$ Million), 2022 – 2030
Figure 8. Europe Biomass Pellets Market Share (%) – Source, 2022 and 2030
Figure 9. Agricultural Residue Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 10. Agricultural Residue Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Industrial Waste Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 12. Industrial Waste Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Wood Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 14. Wood Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Europe Biomass Pellets Market Share (%) – Application, 2022 and 2030
Figure 18. Power Plants Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Industrial Heating Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Residential and Commercial Heating Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. North America Biomass pellets market by Key Countries – Revenue (2022) (US$ Million)
Figure 23. Biomass pellets market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Germany Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 25. Germany Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. France Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 27. France Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Italy Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 29. Italy Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. UK Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 31. UK Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Russia Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 33. Russia Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 34. Rest of Europe Biomass Pellets Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 35. Rest of Europe Biomass Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Heat Map Analysis By Key Players

The List of Companies – Europe Biomass Pellets Market

– AS Graanul Invest
– Drax Group Plc
– Enviva Inc
– Lignetics Inc
– Premium Pellet Ltd
– UAB Redal Ltd
– Wismar Pellets GmbH

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