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Europe Wood Pellet Market

2021

Europe Wood Pellet Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application [Residential Heating, Commercial Heating, CHP (Combined Heat and Power), and Power Generation]

Publication Month: Nov 2021 | Report Code: TIPRE00025891 | No. of Pages: 60 | Category: Chemicals and Materials | Status: Published

Market Insights

Europe Wood Pellet Market to Grow at a CAGR of 11.9% to reach US$ 18,206.29 million by 2028 Million from 2021 to 2028

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The wood pellet market in Europe is expected to grow from US$ 8,285.21 million in 2021 to US$ 18,206.29 million by 2028; it is estimated to grow at a CAGR of 11.9% from 2021 to 2028.


The UK, Germany, and Italy are major economies in Europe. Rising awareness about use of renewable energy sources is the major factor driving the growth of the Europe wood pellet market. Renewableenergyplays a vital role to play in meeting the future energy needs in both rural and urban areas. The scarcity of resources, along with an increase in awareness about adverse environmental impacts of fossil-based products and processes, has surged the dependency on renewable energy sources such as wood pellets. The growing need for sustainable energy developmentis yet another factor contributing to the increased demand for wood pellets. Renewable energy resources and technologies are considered as environment-friendly alternatives as they generally cause limited or no impact on the environment than other forms of energy sources. Further, such resources are easily available and cannot be depleted. Wood pellets are categorized under renewable energy sources as they are derived from trees and are a form of biomass. Wood pellets are composed of dried and compressed wood fibers prepared from sawmill residuals, logging debris such as forest debris piles, and whole logs. According to the US Energy Information Administration, biomass is categorized as an organic material that can be effectively used as a source of energy. Several forms of biomass such as wood pellets are carbon neutral and leave a net-zero carbon footprint upon burning biomass. Moreover, the deployment of wood energy pellets instead of oil can effectively help in minimal emission of greenhouse gases into the environment. Hence, the demand for wood pellets is expected to rise with the growing investment in renewable energy forms.

In Europe, France, the UK, and Russia have experienced more serious adversities due to the COVID-19 pandemic. The region is estimated to suffer an economic hit due to the lack of revenue from various industries subjected to disruption in supply chain. As of August 2021, Russia recorded 6,379,904 COVID-19 cases, with 162,509 deaths. The pandemic has led to the temporary disruptions in the operational efficiencies of industries in Europe. Fluctuations in raw material sourcing and pricing have also hampered the wood pellet market in Europe. However, growing focus on the adoption of renewable energy sources is expected to substantially promote the demand for wood pellets in the region in the coming years.
Europe wood pellet market

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Europe Wood Pellet Market Segmentation

Europe Wood Pellet Market – By Application

  • Residential Heating
  • Commercial Heating
  • CHP (Combined Heat and Power)
  • Power Generation

Europe Wood Pellet Market– By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Wood Pellet Market-Companies Mentioned

  • ANDRITZ
  • Enviva Lp
  • Graanul Invest
  • Pinnacle Renewable Energy Inc
  • TANAC
  • Wood & Sons

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Europe Wood Pellet Market Landscape

4.1 Market 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 Substitutes

4.2.4 Threat of New Entrants

4.2.5 Intensity of Competitive Rivalry

4.3 Expert Opinion

4.1 Ecosystem Analysis

5. Europe Wood Pellet Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Awareness About Use of Renewable Energy Sources

5.1.2 Expanding Demand for Wood Pellets from Europe

5.2 Market Restraints

5.2.1 Mandatory Compliances and Operational Challenges Associated with Wood Pellet

5.3 Market Opportunities

5.3.1 Growing Demand for Wood Pellets from Power Generation Industry

5.4 Future Trends

5.4.1 Significant Investment in Research and Expansion

5.5 Impact Analysis of Drivers and Restraints

6. Wood Pellet – Europe Market Analysis

6.1 Europe Wood Pellet Market Overview

6.2 Europe Wood Pellet Market –Revenue and Forecast to 2028 (USD Million)

7. Europe Wood Pellet Market Analysis – By Application

7.1 Overview

7.2 Europe Wood Pellet Market, By Application (2020 and 2028)

7.3 Residential Heating

7.3.1 Overview

7.3.2 Residential Heating: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Commercial Heating

7.4.1 Overview

7.4.2 Commercial Heating: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

7.5 CHP (Combined Heat and Power)

7.5.1 Overview

7.5.2 CHP (Combined Heat and Power): Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Power Generation

7.6.1 Overview

7.6.2 Power Generation: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe Wood Pellet Market – Country Analysis

8.1 Europe Wood pellet Market Revenue And Forecasts to 2028

8.1.1 Europe Wood pellet Market Breakdown, by Country

8.1.1.1 Germany Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.1.1 Germany Wood pellet Market Breakdown, by Application

8.1.1.2 France Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.2.1 France Wood pellet Market Breakdown, by Application

8.1.1.3 United Kingdom Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.3.1 United Kingdom Wood pellet Market Breakdown, by Application

8.1.1.4 Italy Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.4.1 Italy Wood pellet Market Breakdown, by Application

8.1.1.5 Russia Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.5.1 Russia Wood pellet Market Breakdown, by Application

8.1.1.6 Rest of Europe Wood pellet Market Revenue and Forecast to 2028 (US$ MN)

8.1.1.6.1 Rest of Europe Wood pellet Market Breakdown, by Application

9. Europe Wood Pellet Market Overview – Impact of COVID-19

9.1 Europe: Impact Assessment of COVID-19 Pandemic

10. Company Profiles

10.1 ANDRITZ

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 Enviva Lp

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 Pinnacle Renewable Energy Inc

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 Graanul Invest

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

10.5 Wood & Sons

10.5.1 Key Facts

10.5.2 Business Description

10.5.3 Products and Services

10.5.4 Financial Overview

10.5.5 SWOT Analysis

10.5.6 Key Developments

10.6 TANAC

10.6.1 Key Facts

10.6.2 Business Description

10.6.3 Products and Services

10.6.4 Financial Overview

10.6.5 SWOT Analysis

10.6.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Glossary of Terms


LIST OF TABLES

Table 1. Europe Wood Pellet Market –Revenue and Forecast to 2028 (USD Million)

Table 2. Germany Wood pellet Market Revenue And Forecasts To 2028 – By Application (US$ Mn)

Table 3. France Wood pellet Market Revenue And Forecasts to 2028 – By Application (US$ Mn)

Table 4. United Kingdom Wood pellet Market Revenue And Forecasts to 2028 – By Application (US$ Mn)

Table 5. Italy Wood pellet Market Revenue And Forecasts to 2028 – By Application (US$ Mn)

Table 6. Russia Wood pellet Market Revenue And Forecasts to 2028 – By Application (US$ Mn)

Table 7. Rest of Europe Wood pellet Market Revenue And Forecasts to 2028 – By Application (US$ Mn)

Table 8. Glossary of Terms, Wood Pellet Market


LIST OF FIGURES

Figure 1. Europe Wood Pellet Market Segmentation

Figure 2. Europe Wood Pellet Market Segmentation – By Country

Figure 3. Europe Wood Pellet Market Overview

Figure 4. Residential Heating Segment Held Largest Share of Europe Wood Pellet Market

Figure 5. UK Held Largest Share of Europe Wood Pellet Market

Figure 6. Europe Wood Pellet Market, Key Market Players

Figure 7. Porter ‘s Five Forces Analysis for Europe Wood Pellets Market

Figure 8. Expert Opinion

Figure 9. Europe Wood Pellets Market – Ecosystem Analysis

Figure 10. Europe Wood Pellet Market Impact Analysis of Drivers and Restraints

Figure 11. Europe Wood Pellet Market – Revenue and Forecast to 2028 (USD Million)

Figure 12. Europe Wood Pellet Market Revenue Share, By Application (2020 and 2028)

Figure 13. Residential Heating: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Commercial Heating: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. CHP (Combined Heat and Power): Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Power Generation: Europe Wood Pellet Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Wood pellet Market Revenue by Country to 2028 (US$ Mn)

Figure 18. Europe Wood pellet Market Breakdown, by Country, 2020 & 2028 (%)

Figure 19. Germany Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 20. France Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 21. United Kingdom Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 22. Italy Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 23. Russia Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 24. Rest Of Europe Wood pellet Market Forecasts to 2028 (US$ Mn)

Figure 25. Impact of COVID-19 Pandemic in Europe

  1. ANDRITZ
  2. Enviva Lp
  3. Graanul Invest
  4. Pinnacle Renewable Energy Inc
  5. TANAC
  6. Wood & Sons
  • To understand the Europe wood pellet market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe wood pellet market
  • Efficiently plan M&A and partnership deals in Europe wood pellet market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe wood pellet market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
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