Europe Wood Pellets Market Outlook: Set to Reach USD 12.4 Billion by 2030 Amid Renewable Energy Surge
Europe Wood Pellets Market continues its robust expansion, with recent valuations reaching US$ 7.8 billion in 2024 . Industry projections indicate this sustainable fuel sector will grow at an impressive CAGR of 8.1% , potentially reaching US$ 12.4 billion by 2030 . This growth trajectory reflects Europe's accelerating transition toward renewable energy sources, particularly in heating and power generation applications. Wood pellets have become a cornerstone of Europe's bioenergy strategy, offering a carbon-neutral alternative to fossil fuels. Their standardized composition - compressed sawdust and forestry residues - ensures consistent combustion performance across residential and industrial applications. The market's evolution is closely tied to EU sustainability directives and the growing emphasis on circular economy principles in energy production. Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/285035/eur...