한글목차

세계의 바이오매스 펫렛 시장의 미래는 발전, 산업용 난방, 주거용 난방 시장에서 기회가 있어 유망해 보입니다. 전 세계 바이오매스 펠렛 시장은 2025년부터 2031년까지 5.3%의 연평균 성장률로 2031년까지 약 97억 달러에 달할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 재생 가능 자원에 대한 높은 수요, 지구 온난화에 대한 우려 증가, 전 세계적인 에너지 소비 증가입니다.

• Lucintel의 예측에서 유형별로, 목재 펠렛은 주거용 및 상업용 난방 시장에서 목재 펠렛에 대한 수요가 증가함에 따라 예측 기간 동안 가장 큰 부문으로 남을 것으로 예측합니다.
• 용도별로는 발전이 예측 기간 동안 최대 부문인 것으로 보입니다.
• 지역별로는 유럽이 이 지역에서 재생 에너지 프로젝트에 대한 정부의 인센티브가 증가함에 따라 예측 기간 동안 가장 큰 지역으로 남을 것입니다.

바이오매스 펫렛 시장의 전략적 성장 기회

재생 에너지원과 지속가능성을 향한 전 세계적인 변화에 힘입어 다양한 응용 분야에서 바이오매스 펠렛에 대한 몇 가지 전략적 성장 기회가 있습니다. 여기에는 발전, 주거용 난방, 산업 공정, 운송 등이 포함됩니다. 업계와 소비자가 탄소 발자국을 최소화하기 위해 노력함에 따라 압축 목재 펠렛은 화석 연료에 대한 경제적으로 실행 가능한 대안을 제시합니다.

• 발전 : 석탄을 바이오매스 펠렛과 함께 연소하는 것은 특히 발전 부문에서 상당한 성장 기회를 제공합니다. 정부와 유틸리티 업체들은 이미 바이오매스 펠렛의 환경적 이점 때문에 석유를 대체할 재생 가능한 연료로 바이오매스 펠렛을 채택하고 있습니다. 바이오매스 펠렛은 지속 가능한 에너지 솔루션을 위한 확장 가능한 대안으로 여겨지며, 발전 업계는 재생 에너지를 선호하는 규제 프레임워크와 인센티브를 통해 바이오매스 연료로 계속 전환해 나갈 것입니다. 이는 향후 몇 년 동안 바이오매스 펠렛에 대한 수요를 촉진할 것입니다.
• 주거용 난방 : 추운 기후와 높은 난방 수요를 가진 지역은 목재 펠렛을 이용한 주거용 난방에 대한 좋은 전망을 제공합니다. 소비자들은 가정에서 가스나 석유 히터를 대체하는 목재 펠렛 스토브와 보일러와 같은 환경 친화적인 대안을 선호합니다. 이러한 성장 기회는 정부의 인센티브와 난방 목적으로 바이오매스 연료를 사용하는 것의 환경적 이점에 대한 인식이 높아짐에 따라 뒷받침되고 있습니다. 더 많은 가정에서 바이오매스 펠렛 난방 시스템으로 전환함에 따라 시장이 확대되어 펠렛 소비가 증가할 것으로 예상됩니다.
• 산업 응용 분야 : 바이오매스 펠렛은 석탄 및 기타 화석 연료의 대체재로 산업 분야에서 점점 더 많이 사용되고 있습니다. 제조, 시멘트 생산, 식품 가공과 같은 산업에서는 온실가스 배출량을 줄이고 지속 가능성을 높이기 위해 바이오매스 펠렛을 채택하고 있습니다. 규제를 준수하고 친환경 제품에 대한 소비자 수요를 충족해야 하는 필요성이 이러한 성장 기회를 주도하고 있습니다. 따라서 산업계의 바이오매스 펠렛 도입이 가속화되어 첨단 바이오매스 기술 및 인프라에 대한 새로운 시장 기회가 창출될 것으로 예상됩니다.
• 운송 연료 : 바이오매스 펠렛을 운송용 바이오 연료의 공급 원료로 사용하는 것은 새로운 성장 기회를 제공합니다. 운송 업계는 탄소 발자국을 최소화할 방법을 찾고 있으며, 바이오매스에서 추출한 재생 연료는 기존의 화석 연료를 대체할 수 있는 대안으로 여겨지고 있습니다. 바이오매스 전환에 대한 기술 발전과 바이오 연료 생산 시설에 대한 투자 증가가 이러한 기회를 뒷받침하고 있습니다. 재생 가능한 운송 연료 시장의 부상으로 바이오매스 펠렛에 대한 수요가 증가하여 시장 성장에 기여하고 있습니다.

발전, 주거용 난방, 산업 응용 분야, 운송 연료, 수출 시장 확대 등 바이오매스 펠렛 시장의 전략적 성장 기회는 시간이 지남에 따라 성장을 주도하고 있습니다. 이러한 기회는 바이오매스 펠렛을 재생 에너지로의 글로벌 전환의 핵심 요소로 자리매김하여 지속가능성 목표 달성을 돕고 기존 화석 연료에 대한 확장 가능하고 환경 친화적인 대안을 제공합니다.

바이오매스 펫렛 시장 성장 촉진요인 및 과제

바이오매스 펠렛 시장은 성장과 발전에 영향을 미치는 몇 가지 촉진요인과 도전 과제에 의해 영향을 받습니다. 주요 촉진요인으로는 기술 발전, 재생 에너지에 대한 수요 증가, 정부 인센티브, 환경 문제, 원자재 가용성 등이 있습니다. 반대로 시장은 높은 생산 비용과 공급망 시스템의 비효율성, 다른 재생 에너지원과의 경쟁, 불명확한 정책 등 발전을 저해할 수 있는 도전 과제에도 직면해 있습니다.

촉진요인

• 기술 발전 : 기술 발전은 특히 생산 효율성과 품질 향상 측면에서 바이오매스 펠렛 시장에 영향을 미치는 주요 요인입니다. 고압 공급기, 개선된 건조 기술, 자동화와 같은 발전으로 바이오매스 펠렛의 생산 비용이 절감되고 에너지 밀도가 높아졌습니다. 이러한 발전으로 바이오매스 펠렛은 기존의 화석 연료에 비해 경쟁력을 갖추게 되었고, 규모의 경제를 통해 시장 성장을 주도하고 있습니다. 기술이 발전함에 따라 효율성이 높아져 바이오매스 생산이 환경에 미치는 영향이 줄어들고, 목재 펠렛 산업과 같은 성숙한 부문에서 시장이 확대될 것입니다.
• 재생 에너지에 대한 지속적인 수요 : 재생 에너지에 대한 전 세계적인 수요 증가는 바이오매스 펠렛 시장을 이끄는 핵심 요인입니다. 각국은 기후 목표에 따라 청정 발전, 난방 및 산업 공정을 위해 화석 연료에서 바이오매스 펠렛으로 전환하고 있습니다. 재생 에너지를 지원하는 정책은 이러한 추세를 더욱 촉진하여 업계에 성장의 여지를 만들어내고 있습니다. 바이오매스 펠렛은 글로벌 에너지 전환에서 중요한 역할을 할 것입니다.
• 정부 인센티브 및 정책 : 정부의 보조금, 세제 혜택, 규제는 바이오매스 펠렛 시장을 촉진하는 데 도움이 되고 있습니다. 온실가스 배출을 줄이고, 농촌 지역 사회를 지원하며, 생물자원을 통한 친환경 전환을 장려하는 정책으로 인해 생산과 사용이 증가했습니다. 정부의 지원은 소비자와 업계의 비용을 절감하여 시장 성장을 촉진하고 지속 가능성 목표를 가속화합니다.

과제

• 높은 생산 비용 : 바이오매스 펠렛 시장은 높은 생산 비용으로 인해 상당한 어려움에 직면해 있습니다. 원자재 조달, 가공, 운송 등의 요소를 고려할 때 많은 경우 비용이 기존 화석 연료의 비용을 초과할 수 있습니다. 이러한 비용은 에너지 가격, 인건비, 기술 투자의 영향을 받습니다. 가격에 민감한 시장에서는 바이오매스 펠렛을 채택하는 데 어려움을 겪을 수 있습니다. 비용을 낮추고 바이오매스 펠렛의 경쟁력을 높이려면 지속적인 혁신과 규모의 경제가 필요합니다.
• 비효율적인 공급망 : 복잡한 물류, 배송 지연, 비용 상승, 제품 노후화 등 공급망의 비효율성은 바이오매스 펠렛 시장의 과제입니다. 이러한 비효율성은 최종 사용자의 접근을 제한하여 성장을 저해할 수 있습니다. 이러한 문제를 완화하고 바이오매스 펠렛이 글로벌 에너지 시장에서 경쟁력을 유지하려면 인프라, 물류 관리 및 보관 솔루션에 대한 투자가 필수적입니다.
• 법적 모호성 : 일부 시장에서는 바이오매스 펠렛 생산 및 사용에 관한 법적 규정이 완전히 정의되어 있지 않아 불확실성이 존재합니다. 지역마다 규정이 달라서 생산자들이 불확실성을 느끼고 투자를 지연시킬 수 있습니다. 환경 규제, 보조금 또는 무역 제한의 변화도 시장 발전에 영향을 미칠 수 있습니다. 바이오매스 펠렛 부문의 지속 가능한 성장을 위한 프레임워크를 구축하기 위해서는 업계 관계자와 정책 입안자 간의 협력이 필요합니다.

바이오매스 펫렛 시장은 플러스와 마이너스 모두에서 몇 가지 힘의 영향을 받고 있습니다. 현재 재생 가능한 에너지원(친환경 전기)에 대한 수요와 다양한 경제 활동과 관련된 온실가스 배출을 줄이기 위한 정부의 인센티브 프로그램에 힘입어 기술 발전을 통한 발전이 요구되는 요인이 복합적으로 작용합니다. 반면에 환경 오염에 대한 우려와 바이오매스 자원이 주로 위치한 지역의 부족 문제도 해결해야 할 과제입니다.

목차

제1장 주요 요약

제2장 세계의 바이오매스 펫렛 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계의 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 바이오매스 펫렛 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 바이오매스 펫렛 시장, 공급원별
  • 산업폐기물 및 부산물
  • 농업 잔류물
  • 식품 폐기물
  • 에너지 작물
  • 천연 목재
  • 기타
• 세계의 바이오매스 펫렛 시장, 유형별
  • 목재 펠렛
  • 농업 펠렛
  • 건식 탄화 펠렛
  • 기타
• 세계의 바이오마스펠렛 시장, 용도별
  • 발전
  • 산업용 난방
  • 주거용 난방
  • 기타

제4장 시장 동향과 예측 분석(2019-2031년) : 지역별

• 바이오마스펠렛 시장, 지역별
• 북미의 바이오매스 펫렛 시장
• 유럽의 바이오매스 펫렛 시장
• 아시아태평양의 바이오매스 펫렛 시장
• 기타 지역의 바이오매스 펫렛 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 바이오매스 펫렛 시장의 성장 기회, 공급원별
  • 세계의 바이오매스 펫렛트 시장의 성장 기회, 유형별
  • 세계의 바이오매스 펫렛트 시장의 성장 기회, 용도별
  • 세계의 바이오매스 펫렛 시장의 성장 기회, 지역별
• 세계의 바이오매스 펫렛 시장의 새로운 동향
• 전략 분석
  • 신제품 개발
  • 세계 바이오매스 펫렛 시장의 생산 능력 확대
  • 세계의 바이오매스 펫렛 시장에서의 합병, 인수, 합작 사업
  • 인증 및 라이선싱

제7장 주요 기업의 기업 프로파일

• Drax Group
• Enviva
• German Pellets
• AS Graanul Invest
• Pinnacle Renewable Energy
• Lignetics
• Zilkha Biomass Energy
• Fram Fuels
• Abellon CleanEnergy
• Ecostan

영문목차

The future of the global biomass pellet market looks promising with opportunities in the power generation, industrial heating, and residential heating markets. The global biomass pellet market is expected to reach an estimated $9.7 billion by 2031 with a CAGR of 5.3% from 2025 to 2031. The major drivers for this market are the high demand for renewable resources, growing concerns about global warming, and rising energy consumption worldwide.

• Lucintel forecasts that, within the type category, wood pellets will remain the largest segment over the forecast period due to its increasing demand in the residential and commercial heating markets for wood pellets.
• Within the application category, power generation will remain the largest segment over the forecast period.
• In terms of regions, Europe will remain the largest region over the forecast period due to growing incentives from the government to use renewable energy projects in the region.

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Emerging Trends in the Biomass Pellet Market

The industry is being reshaped through emerging trends that define what is happening in the biomass pellet market, which is evolving rapidly. These trends include technological advancements, changes in policy frameworks, and shifts in consumer preferences, among others. As a result of the rising demand for green power worldwide, biomass pellet producers are now emphasizing sustainable development, as well as effectiveness and efficiency in their operations.

• Technological Innovations in Pellet Production: Technological innovation plays a significant role in improving production efficiency and the quality parameters of such products. The durability and energy density of biomass pellets have been enhanced by advances in pelletizing technologies, such as high-pressure pellet mills and improved drying techniques. Additionally, these innovations have resulted in lower production costs, making biomass pellets more competitive with traditional fossil fuels. Consequently, the market for biomass pellets is expanding due to technological advancements that enable producers to meet the rising demand for renewable energy while adhering to quality and sustainability standards.
• Increasing Adoption of Biomass Co-Firing in Power Plants: A means of decreasing CO2 emissions is co-firing biomass pellets with coal in power plants (Baker et al., 2017). Europe and Asia are two regions where this trend is especially pronounced due to coal remaining their primary source of energy. Biomass pellets can be integrated into existing coal-fired power plants, leading to significantly reduced carbon footprints for energy providers without major infrastructure changes. This method also reduces the economic burden by slowly shifting towards renewable sources of electricity generation while maintaining security in the electric supply. It is projected that there will be an increased uptake of biomass co-firing, hence driving demand for biomass pellets.
• Expanding Biomass Pellet Export Market: The worldwide biomass pellet market is expanding its export activities, mainly from North America and Southeast Asia to Europe and Asia. This is driven by the growing demand for renewable energy in countries like Japan, South Korea, and the EU as they seek to reduce greenhouse gas emissions by minimizing their dependence on fossil fuels. Exporters are investing in large production facilities and improving supply chain logistics to meet the increasing global demand. This trend has created a larger global biomass pellet market, generating new opportunities for producers while also contributing to the growth of renewable energy markets globally.
• Government Incentives and Policy Support: The growth of the biomass pellet market rides on government incentives and policy support. Different governments are offering subsidies, tax incentives, and regulatory frameworks that promote the production and use of biomass pellets. These policies aim at reducing greenhouse gas (GHG) emissions, supporting rural economies, and encouraging the transition to renewable sources of power. Thus, government support has increased the uptake of biomass pellets in both industrial sectors and residential homes. This trend is expected to continue as governments worldwide prioritize sustainable energy options to meet their climate goals.

The emerging trends in the biomass pellet market are driving technological innovation, expanding market opportunities, and enhancing sustainable practices, thus reshaping the industry. These trends position biomass pellets as a major player in the global energy transition by offering an alternative to conventional fossil fuels. These shifts will speed up the adoption of biomass pellets as the market evolves, leading to a more sustainable and carbon-neutral energy landscape.

Recent Developments in the Biomass Pellet Market

In the last year, a great deal of dynamism and innovation has occurred in the market for biomass pellets, largely driven by global efforts to switch to renewable sources of energy and reduce carbon emissions. These developments include changes in production methods, expansion in market coverage, more government support, and increases across various sectors. These trends imply that they will significantly influence the future of the industry and make it an important component of the global energy mix.

• Expansion of Production Capacity: The most notable development in the market is the worldwide extension of capacity for producing biomass pellets. Some major producers from North America, Europe, or Asia have invested in new plants or have upgraded their existing ones to meet the increasing demand for biomass pellets. As a result, there is an increase in demand for renewable energy as well as growing export markets, particularly in Europe and Asia. This has led to more robust supply chains, which can cater to rising international demand, positioning biomass pellets as major players in renewable energy sources.
• Technological Advancements in Pellet Production: Innovations used during the production process have played a significant role in enhancing the efficiency and quality of biomass pellets. Modernization, such as advanced drying systems, high-pressure pellet mills, and automation, has reduced production costs while increasing fuel density in biomass pellets (Russo 6). These improvements enable producers to expand their operations while ensuring sustainability through environmentally friendly manufacturing processes with low carbon intensity levels (Russo 7). Technological innovations are essential for companies specializing in biomass pellets to outcompete conventional fuels and drive broader adoption across industries.
• Increased Governmental Support and Incentives: Governments worldwide continue to offer incentives, subsidies, and favorable regulations in support of the biomass pellet market. Policies aimed at reducing greenhouse gas emissions while embracing renewable energy have introduced tax waivers, grants, and subsidies for the production and use of biomass pellets. This facilitates industry growth by lowering adoption costs for customers and industries. Consequently, this results in a shift towards biomass energy, hastening global sustainability goals and reducing dependence on fossil fuels.
• Rising Demand in Industrial Applications: The demand for biomass pellets has surged, particularly in industrial sectors such as manufacturing and power generation. Biomass pellets are becoming increasingly popular as a renewable alternative to coal in co-firing processes, helping industries reduce their carbon footprints (Russo 3). The shift towards sustainable energy sources within the industrial sector is driving demand for biomass pellets, leading to more large-scale projects and long-term contracts (Russo 5). This increasing demand is not only boosting market growth but also reinforcing the role of biomass pellets in achieving carbon neutrality.

Recent developments in the biomass pellet market, such as expansion in production capacity, technological improvements, enhanced government support, rising industrial demand, and increased exports, are driving the market toward maturity through collective efforts.

Strategic Growth Opportunities for Biomass Pellet Market

Driven by the global shift towards renewable energy sources and sustainability, several strategic growth opportunities are available for biomass pellets across different applications. These include power generation, residential heating, industrial processes, and transportation, among others. As industries and consumers work towards minimizing their carbon footprints, compressed wood pellets present an economically viable alternative to fossil fuels.

• Power Generation: The use of co-firing coal with biomass pellets offers significant growth opportunities, especially within the power generation sector. Governments and utilities are already embracing biomass pellets as a renewable fuel alternative to oil due to their environmental benefits. Biomass pellets are seen as a scalable alternative for sustainable energy solutions, and the power generation industry will continue to shift toward biomass fuel through regulatory frameworks and incentives that favor renewable energy. This will stimulate demand for biomass pellets in the coming years.
• Residential Heating: Regions with cold climates and high heating demands provide good prospects for residential heating using wood pellets. Consumers prefer environmentally friendly alternatives such as wood pellet stoves and boilers, which are replacing gas or oil heaters in homes. This growth opportunity is supported by government incentives and increasing awareness about the environmental benefits of using biomass fuels for heating purposes. As more households switch to biomass pellet heating systems, the market is expected to expand, increasing pellet consumption.
• Industrial Applications: Biomass pellets are increasingly being used in industries as a substitute for coal and other fossil fuels. Industries such as manufacturing, cement production, and food processing are adopting biomass pellets to lower their greenhouse gas emissions and enhance sustainability. The need to comply with regulations and meet consumer demand for environmentally friendly products is driving this growth opportunity. Therefore, the adoption of biomass pellets by industries is expected to accelerate, creating new market opportunities for advanced biomass technologies and infrastructure.
• Transportation Fuels: Using biomass pellets as feedstock for biofuels in transportation presents an emerging growth opportunity. The transport industry is seeking ways to minimize its carbon footprint, and renewable fuels derived from biomass are considered a viable alternative to conventional fossil fuels. Technological advancements in biomass conversion, coupled with rising investments in biofuel production facilities, support this opportunity. The rise of renewable transportation fuel markets has increased demand for biomass pellets, contributing to market growth.

The strategic growth opportunities within the biomass pellet market, such as power generation, residential heating, industrial applications, transportation fuels, and export market expansion, have driven its growth over time. These opportunities position biomass pellets as a vital component of the global transition to renewable energy, aiding in the achievement of sustainability goals and offering a scalable, environmentally friendly alternative to traditional fossil fuels.

Biomass Pellet Market Driver and Challenges

The biomass pellet market is influenced by several drivers and challenges that shape its growth and development. Key drivers include technological advancements, increasing demand for renewable energy, government incentives, environmental concerns, and raw material availability. Conversely, the market also faces challenges such as high production costs and inefficiencies in the supply chain system, which may hinder its progress, as well as competition from other renewable energy sources and unclear policies.

Drivers:

• Technological Advancements: Technological advancements have been a major factor influencing the biomass pellet market, particularly in terms of efficiency in production and quality enhancement. Developments such as high-pressure feeders, improved drying techniques, and automation have reduced production costs and increased energy density in biomass pellets. These advancements have made biomass pellets more competitive compared to traditional fossil fuels, driving market growth through economies of scale. As technology progresses, efficiency will increase, reducing the environmental impact of biomass production, and leading to expanded markets in mature segments like the wood pellet industry.
• Persistent Demand for Renewable Energy: Rising global demand for renewable energy is a key factor driving the biomass pellet market. Countries are shifting from fossil fuels to biomass pellets for clean power generation, heating, and industrial processes, in line with climate goals. Policies that support renewable energy are further promoting this trend, creating room for growth in the industry. Biomass pellets will play a crucial role in the global energy transition.
• Government Incentives and Policies: Governments' subsidies, tax benefits, and regulations are helping to promote the biomass pellet market. Policies aimed at reducing GHG emissions, supporting rural communities, and encouraging the green shift through bioresources have increased production and use. Government assistance reduces costs for consumers and industries, fostering market growth and accelerating sustainability goals.

Challenges:

• High Production Costs: The biomass pellet market faces significant challenges due to high production costs. In many cases, costs may exceed those of traditional fossil fuels, considering factors such as raw material procurement, processing, and transportation. These costs are influenced by energy prices, labor costs, and technological investments. Price-sensitive markets may struggle to adopt biomass pellets. Continued innovation and economies of scale are necessary to lower costs and make biomass pellets more competitive.
• Inefficient Supply Chain: Inefficiencies in the supply chain, including complicated logistics, late deliveries, rising costs, and product deterioration, are challenges in the biomass pellet market. These inefficiencies may impede growth by restricting access to end-users. Investments in infrastructure, logistics management, and storage solutions are essential to mitigate these issues and ensure biomass pellets remain competitive in the global energy market.
• Legal Ambiguities: In certain markets, legal regulations around biomass pellet production and use are not fully defined, creating uncertainty. Rules may vary from one region to another, making producers uncertain and delaying investments. Changes in environmental regulations, subsidies, or trade limitations could also impact market development. Cooperation between industry players and policymakers is needed to establish a framework for sustainable growth in the biomass pellet sector.

The biomass pellet market is influenced by several forces, both positive and negative. This results in a mixture of factors that require progress through technological advancements, driven by the present-day demand for renewable sources of energy (eco-electricity), as well as governmental incentive programs aimed at reducing greenhouse gas emissions associated with various economic activities. On the other hand, concerns about environmental pollution and the scarcity of biomass resources in regions where the industry is predominantly located also present challenges.

List of Biomass Pellet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biomass pellet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biomass pellet companies profiled in this report include-

• Drax Group
• Enviva
• German Pellets
• AS Graanul Invest
• Pinnacle Renewable Energy
• Lignetics
• Zilkha Biomass Energy
• Fram Fuels
• Abellon CleanEnergy
• Ecostan

Biomass Pellet by Segment

The study includes a forecast for the global biomass pellet market by source, type, application, and region.

Biomass Pellet Market by Source [Analysis by Value from 2019 to 2031]:

• Industrial Waste & Co-Product
• Agriculture Residue
• Food Waste
• Energy Crop
• Virgin Lumber
• Others

Biomass Pellet Market by Type [Analysis by Value from 2019 to 2031]:

• Wood Pellet
• Agri Pellet
• Torrefied Pellet
• Others

Biomass Pellet Market by Application [Analysis by Value from 2019 to 2031]:

• Power Generation
• Industrial Heating
• Residential Heating
• Others

Biomass Pellet Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Biomass Pellet Market

The biomass pellet market has seen significant advancements globally, driven by increasing demand for renewable energy, sustainability goals, and government incentives. Technological innovations, policy support, and raised environmental awareness have led to growth in key markets like China, Germany, India, and Japan.

• United States: The U.S. has expanded its production capacity for biomass pellets due to both domestic demand and export opportunities. Government policies aimed at promoting renewable energy have focused on improving production efficiency and reducing costs. Several large-scale facilities have been constructed, particularly in the Southeast, where raw materials are abundant. This expansion has made the U.S. one of the leading exporters of biomass pellets, especially in Europe, where there is high demand for renewable energy sources.
• China: Due to strong governmental support and technological advancements, China's biomass pellet market has grown rapidly. To reduce dependence on coal and reduce air pollution, government policies have increased the adoption of biomass energy. Investments in advanced conversion technologies have also improved efficiency, allowing for high-quality biomass production.
• Germany: Germany has been a leader in integrating biomass pellets into its renewable energy grid. The use of advanced co-firing technologies that combine biomass pellets with coal in power plants has helped reduce CO2 emissions. Additionally, Germany's focus on energy efficiency has led to the development of highly efficient biomass heating systems for homes and businesses.
• India: India's demand for biomass pellets has grown due to air pollution and the government's push for cleaner energy sources. Farming is a major contributor of raw materials for pellet production. New production facilities are being built to meet the increasing demand, and government incentives encourage biomass use, particularly in rural areas.
• Japan: Japan's biomass pellet market has grown as part of its efforts to enhance energy security and sustainability. After Fukushima, Japan diversified its energy sources, with biomass playing a key role. Japan has invested in domestic production and imports of biomass pellets, mainly from Southeast Asia and North America, and has developed stringent quality standards to promote sustainability.

Features of the Global Biomass Pellet Market

Market Size Estimates: Biomass pellet market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Biomass pellet market size by source, type, application, and region in terms of value ($B).

Regional Analysis: Biomass pellet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different sources, types, applications, and regions for the biomass pellet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biomass pellet market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the biomass pellet market by source (industrial waste & co-product, agriculture residue, food waste, energy crop, virgin lumber, and others), type (wood pellet, agri pellet, torrefied pellet, and others), application (power generation, industrial heating, residential heating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Biomass Pellet Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Biomass Pellet Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Biomass Pellet Market by Source
  • 3.3.1: Industrial Waste & Co-product
  • 3.3.2: Agriculture Residue
  • 3.3.3: Food Waste
  • 3.3.4: Energy Crop
  • 3.3.5: Virgin Lumber
  • 3.3.6: Others
• 3.4: Global Biomass Pellet Market by Type
  • 3.4.1: Wood Pellet
  • 3.4.2: Agri Pellet
  • 3.4.3: Torrefied Pellet
  • 3.4.4: Others
• 3.5: Global Biomass Pellet Market by Application
  • 3.5.1: Power Generation
  • 3.5.2: Industrial Heating
  • 3.5.3: Residential Heating
  • 3.5.4: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Biomass Pellet Market by Region
• 4.2: North American Biomass Pellet Market
  • 4.2.1: North American Market by Type: Wood Pellet, Agri Pellet, Torrefied Pellet, and Others
  • 4.2.2: North American Market by Application: Power Generation, Industrial Heating, Residential Heating, and Others
• 4.3: European Biomass Pellet Market
  • 4.3.1: European Market by Type: Wood Pellet, Agri Pellet, Torrefied Pellet, and Others
  • 4.3.2: European Market by Application: Power Generation, Industrial Heating, Residential Heating, and Others
• 4.4: APAC Biomass Pellet Market
  • 4.4.1: APAC Market by Type: Wood Pellet, Agri Pellet, Torrefied Pellet, and Others
  • 4.4.2: APAC Market by Application: Power Generation, Industrial Heating, Residential Heating, and Others
• 4.5: ROW Biomass Pellet Market
  • 4.5.1: ROW Market by Type: Wood Pellet, Agri Pellet, Torrefied Pellet, and Others
  • 4.5.2: ROW Market by Application: Power Generation, Industrial Heating, Residential Heating, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Biomass Pellet Market by Source
  • 6.1.2: Growth Opportunities for the Global Biomass Pellet Market by Type
  • 6.1.3: Growth Opportunities for the Global Biomass Pellet Market by Application
  • 6.1.4: Growth Opportunities for the Global Biomass Pellet Market by Region
• 6.2: Emerging Trends in the Global Biomass Pellet Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Biomass Pellet Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Biomass Pellet Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Drax Group
• 7.2: Enviva
• 7.3: German Pellets
• 7.4: AS Graanul Invest
• 7.5: Pinnacle Renewable Energy
• 7.6: Lignetics
• 7.7: Zilkha Biomass Energy
• 7.8: Fram Fuels
• 7.9: Abellon CleanEnergy
• 7.10: Ecostan