Europe Black & Wood Pellets Market Size, Share, Demand & Trends by 2032
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 ac