Europe Wood Pellet Market: Fueling the Region's Green Energy Future
The Europe wood pellet market is rapidly expanding as the region transitions toward cleaner and more sustainable energy sources. Known for their low carbon footprint and high energy efficiency, wood pellets have become a preferred biomass solution for heating and power generation. According to recent data, the Europe wood pellet market size was valued at US$ 8,285.21 million in 2021 and is projected to reach US$ 18,206.29 million by 2028 , growing at a CAGR of 11.9% from 2021 to 2028. Market Overview Wood pellets are biofuels made from compressed organic matter, primarily sawdust and other wood waste. In Europe, they are extensively used in residential heating systems, commercial heating, and industrial power generation , including co-firing in coal plants. The growth of the Europe wood pellet market is largely driven by stringent carbon regulations, energy diversification policies, Commercial Heating and increasing...