生物质燃料（木质颗粒和棕榈仁壳）市场规模、份额、成长及全球产业分析：按类型、应用和地区划分，并预测至2026-2034年

生物质燃料（木质颗粒和棕榈仁壳）市场的成长要素

全球生质燃料市场（木质颗粒和棕榈仁壳）预计在2025年达到204.2亿美元，2026年成长至224.3亿美元，到2034年达到428亿美元。该市场扩张的原因在于可再生能源的日益普及、脱碳政策的推行以及工业和运输部门需求的成长。

生物质燃料，包括木质颗粒和棕榈壳，在碳中和能源系统中发挥核心作用。生质能碳捕碳封存（BECCS）等技术正日益受到关注，因为它们既能实现可再生能源发电，又能支持碳去除目标。农业残余物、林业产品和城市固态废弃物正越来越多地被用作原材料来源。

市场动态

市场驱动因素

对可再生能源日益增长的需求是主要驱动力。预计2030年，可再生燃料将占工业、建筑和运输部门总能源消耗的5.5%。中国、巴西、欧洲、印度和美国预计将占可再生燃料预计成长量的三分之二以上。

交通运输领域对生质乙醇、生质柴油和永续航空燃料的采用率正在不断提高。欧盟的「绿色新政」倡导碳中和的交通运输政策，而附件九的配额也支持生物质燃料的使用。水泥、钢铁、化工和造纸等产业正在向生物质燃料转型，以减少排放。

市场限制因素

儘管市场需求强劲，但高昂的资本支出（CAPEX）和营运成本（OPEX）阻碍了市场成长。生质能发电厂需要昂贵的基础设施，包括锅炉、气化炉和原料加工设施。此外，生物质能密度低且体积庞大，进一步增加了原料的运输和储存成本。

由于太阳能和风能的营运成本低、扩充性强，因此在某些没有强有力补贴的地区，生质能的吸引力相对较低。

市场机会

垃圾焚化发电发电计画蕴藏着巨大的发展机会。根据美国能源资讯署（2024年10月）的数据显示，美国每100磅一般废弃物中，就有85磅可以焚烧发电。垃圾焚化发电可将废弃物体积减少约87%，将2,000磅废弃物转化为300至600磅的灰烬。这些项目正在北美、欧洲和亚太地区迅速扩展。

市场挑战

原料供应有限和供应链不稳定是主要挑战。农业废弃物和木材残渣等生物质资源的供应量因季节和地区而异。在许多发展中地区，缺乏有组织的收集和运输系统导致采购成本高昂，并增加了原料劣化的风险。

細項分析

按原料

木质颗粒占据市场主导地位，预计2026年将占86.37%的市场。木质颗粒广泛用于住宅供暖、工业供暖和发电。欧洲、日本和韩国都提供可再生能源补贴和奖励，以支持木质颗粒的推广应用。

预计棕榈仁壳（PKS）在预测期内将以8.59%的复合年增长率成长。在马来西亚、印尼和泰国，棕榈仁壳是棕榈油生产中最具成本效益的产品。

燃烧法

预计到2026年，直接燃烧将引领该领域，占56.29%的市场。诸如炉排锅炉和流体化床锅炉等技术已推动了该方法在发电和热电联产（CHP）系统中的广泛应用。

受工业和交通运输应用对生质油、生物炭和合成气的需求推动，生物质热解预计将以 9.33% 的复合年增长率成长。

透过使用

到2026年，在排放义务的推动下，工业领域预计将占市场份额的42.87%。在各行业中，煤炭、石油和天然气正被生物质燃料取代，用于火力发电和电力生产。

住宅领域占 28.27% 的份额，这主要得益于对分散式、经济高效的供暖系统的需求。

区域展望

欧洲

欧洲引领市场，2025年录得124.8亿美元，2026年录得138.7亿美元。 2024年，欧洲占了60.41%的市占率。预计该地区将保持其主导地位至2034年。 2026年，英国、德国和法国的录得市场规模分别为34.6亿美元、19.7亿美元和13.8亿美元。

北美洲

预计到 2025 年，北美市场规模将达到 28.8 亿美元，其中美国市场规模预计为 27.8 亿美元。该地区得到了联邦政府资助倡议的支持，包括可再生燃料标准和美国能源部一项 1500 万美元的生物质氢气计划。

亚太地区

预计到 2025 年，亚太地区的经济规模将达到 40.7 亿美元。预计到 2026 年，中国、日本和韩国的经济规模将分别达到 14 亿美元、6.5 亿美元和 11.7 亿美元。

世界其他地区

2025 年，在能源安全倡议和丰富的农业残余物的支持下，世界其他区域市场的价值将达到 9.9 亿美元。

目录

第一章：引言

第二章执行摘要

第三章 市场动态

• 市场驱动因素
• 市场限制因素
• 市场机会

第四章：主要考虑因素

• 主要国家的主要新兴趋势
• 最新技术进展
• 监理情势洞察
• 波特五力分析
• 关税的影响：全球生物质燃料（木质颗粒和棕榈仁壳）市场
• 主要国家的生物质燃料产量
  • 各国木质颗粒产量
  • 各国棕榈仁壳（PKS）产量
• 主要国家的进出口统计数据
• 供需分析
• 主要国家生质燃料价格分析

第五章：全球生质燃料（木质颗粒和棕榈仁壳）市场分析、洞察与预测，2021-2034年

• 主要发现
• 市场分析、洞察与预测：按原料划分
  • 木质颗粒
  • 棕榈仁壳（PKS）
  • 其他的
• 市场分析、洞察与预测：按燃烧法
  • 直接燃烧
  • 气化
  • 热解
  • 其他的
• 市场分析、洞察与预测：按应用领域划分
  • 产业
  • 运输
  • 商业的
  • 住宅
  • 其他的
• 市场分析、洞察与预测：按地区划分
  • 北美洲
  • 欧洲
  • 亚太地区
  • 世界其他地区

第六章：北美生质燃料（木质颗粒和棕榈仁壳）市场分析、洞察与预测，2021-2034年

• 国家
  • 我们
  • 加拿大

第七章：欧洲生质燃料（木质颗粒和棕榈仁壳）市场分析、洞察与预测，2021-2034年

• 国家
  • 义大利
  • 德国
  • 法国
  • 丹麦
  • 荷兰
  • 瑞典
  • 比利时
  • 奥地利
  • 英国
  • 其他欧洲国家

第八章：亚太地区生物质燃料（木质颗粒和棕榈仁壳）市场分析、洞察与预测（2021-2034年）

• 国家
  • 中国
  • 日本
  • 韩国
  • 其他亚太国家

第九章：全球生质燃料（木质颗粒和棕榈仁壳）市场分析、洞察与预测，2021-2034年

第十章 竞争分析

• 企业市占率分析，2025 年
• 公司简介
  • Iwatani Corporation

第十一章 其他企业资料

• Enviva Inc.
  • Drax Global
  • CM Biomass
  • Hanwa Co., Ltd.
  • BIOENECO SDN. BHD.
  • Valfei Products Inc.
  • Mallard Creek Inc.
  • Graanul Invest
  • Segezha Group
  • Energex

Growth Factors of biomass fuel (wood pellets and palm kernel shell (PKS)) Market

The global biomass fuel (wood pellets and palm kernel shell (PKS)) market was valued at USD 20.42 billion in 2025 and is projected to grow to USD 22.43 billion in 2026, reaching USD 42.80 billion by 2034. The market is expanding due to rising renewable energy adoption, decarbonization policies, and increased demand from industrial and transportation sectors.

Biomass fuel, including wood pellets and PKS, plays a central role in carbon-neutral energy systems. Technologies such as biomass energy with carbon capture and storage (BECCS) are gaining traction as they enable renewable power generation while supporting carbon removal goals. Agricultural residues, forestry byproducts, and municipal solid waste are increasingly utilized as feedstock sources.

Market Dynamics

Market Drivers

The growing demand for renewable energy is a primary driver. By 2030, renewable fuels are expected to represent 5.5% of total energy consumption across industry, buildings, and transportation sectors. China, Brazil, Europe, India, and the U.S. account for more than two-thirds of projected renewable fuel growth.

The transportation sector is witnessing increased adoption of bioethanol, biodiesel, and sustainable aviation fuel. The European Union's Green Deal promotes carbon-neutral transport policies, while Annex IX quotas support biomass-based fuels. Industries such as cement, steel, chemicals, and paper are shifting toward biomass fuel to reduce emissions.

Market Restraints

Despite strong demand, high capital expenditure (CAPEX) and operational expenditure (OPEX) restrain market growth. Biomass plants require costly infrastructure, including boilers, gasifiers, and feedstock handling units. Feedstock transportation and storage add further costs due to biomass's low energy density and bulky nature.

Solar and wind energy offer lower operating costs and faster scalability, making biomass comparatively less attractive in certain regions without strong subsidies.

Market Opportunities

Waste-to-energy initiatives present significant opportunities. According to the U.S. Energy Information Administration (October 2024), 85 pounds out of every 100 pounds of municipal solid waste (MSW) in the U.S. can be burned to generate electricity. Waste-to-energy facilities reduce waste volume by approximately 87%, converting 2,000 pounds of waste into 300-600 pounds of ash. These initiatives are expanding across North America, Europe, and Asia Pacific.

Market Challenges

Limited feedstock availability and inconsistent supply chains pose challenges. Biomass resources such as agricultural waste and wood residues are seasonal and region-specific. In many developing regions, the absence of organized collection and transport systems increases procurement costs and material degradation risks.

Segmentation Analysis

By Feedstock

Wood pellets dominate the market, holding 86.37% market share in 2026. They are widely used in residential heating, industrial heating, and power generation. Europe, Japan, and South Korea provide subsidies and renewable incentives supporting wood pellet adoption.

Palm kernel shell (PKS) is projected to grow at a CAGR of 8.59% through the forecast period. PKS is a cost-effective byproduct of palm oil production in Malaysia, Indonesia, and Thailand.

By Combustion Method

Direct combustion leads the segment with 56.29% market share in 2026. Technologies such as stoker boilers and fluidized bed boilers make this method widely adopted for electricity and combined heat and power generation.

Biomass pyrolysis is projected to grow at a CAGR of 9.33%, driven by demand for bio-oil, biochar, and syngas for industrial and transportation applications.

By Application

The industrial segment accounted for 42.87% market share in 2026, driven by carbon reduction mandates. Industries are replacing coal, oil, and natural gas with biomass fuel for heat and power generation.

The residential segment holds 28.27% share, supported by demand for decentralized and cost-effective heating systems.

Regional Outlook

Europe

Europe led the market with USD 12.48 billion in 2025 and USD 13.87 billion in 2026, accounting for 60.41% share in 2024. The region is projected to maintain dominance through 2034. The U.K., Germany, and France recorded USD 3.46 billion, USD 1.97 billion, and USD 1.38 billion respectively in 2026.

North America

North America reached USD 2.88 billion in 2025, with the U.S. market valued at USD 2.78 billion in 2025. The region is supported by renewable fuel standards and federal funding initiatives, including a USD 15 million DOE program for hydrogen production from biomass.

Asia Pacific

Asia Pacific recorded USD 4.07 billion in 2025. China, Japan, and South Korea reached USD 1.4 billion, USD 0.65 billion, and USD 1.17 billion respectively in 2026.

Rest of the World

The rest of the world market was valued at USD 0.99 billion in 2025, driven by energy security initiatives and abundant agricultural residues.

Competitive Landscape

The market is fragmented with key players including Iwatani Corporation, Enviva Inc., Drax Global, CM Biomass, Hanwa Co., BIO ENECO SDN. BHD., Graanul Invest, and Segezha Group. In November 2024, JFE Shoji Group and BIO ENECO signed a 150,000-tonne annual PKS supply agreement for 15 years. In 2025, global investment in biofuels is expected to exceed USD 16 billion, with low-emission fuel funding projected to reach USD 25 billion.

The biomass fuel (wood pellets and palm kernel shell (PKS)) market is expected to continue expanding from USD 20.42 billion in 2025 to USD 42.80 billion by 2034, driven by policy support, industrial decarbonization, and renewable energy demand.

Conclusion

The global biomass fuel (wood pellets and palm kernel shell (PKS)) market is set to expand from USD 20.42 billion in 2025 to USD 22.43 billion in 2026, reaching USD 42.80 billion by 2034, reflecting strong long-term growth momentum. Europe remains dominant with USD 12.48 billion in 2025, while industrial applications account for 42.87% share in 2026. Wood pellets lead with 86.37% market share, supported by renewable energy mandates and decarbonization policies. Increasing investments exceeding USD 16 billion in 2025 toward biofuels further strengthen the market outlook through 2034.

Segmentation By Feedstock

• Wood Pellets
• Palm Kernel Shell (PKS)
• Others

By Combustion Method

• Direct Combustion
• Gasification
• Pyrolysis
• Others

By Application

• Industrial
• Transportation
• Commercial
• Residential
• Others

By Region

• North America (By Feedstock, By Combustion Method, By Application, and By Country)
  • U.S.
  • Canada
• Europe (By Feedstock, By Combustion Method, By Application, and By Country)
  • Italy
  • Germany
  • France
  • Denmark
  • Netherlands
  • Sweden
  • Belgium
  • Austria
  • U.K.
  • Rest of Europe
• Asia Pacific (By Feedstock, By Combustion Method, By Application, and By Country)
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Rest of the World (By Feedstock, By Combustion Method, By Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancements
• 4.3. Insight on Regulatory Landscape
• 4.4. Porters Five Forces Analysis
• 4.5. Impact of Tariffs on the Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market
• 4.6. Biomass Fuel Production, by Major Countries
  • 4.6.1. Wood Pellets Production, by Country
  • 4.6.2. Palm Kernel Shell (PKS) Production, by Country
• 4.7. Import-Export Statistics, by Major Countries
• 4.8. Supply and Demand Analysis
• 4.9. Biomass Fuels Pricing Analysis, by Major Countries

5. Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market (Thousand Tons, USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 5.1. Key Findings
• 5.2. Market Analysis, Insights, and Forecast - By Feedstock
  • 5.2.1. Wood Pellets
  • 5.2.2. Palm Kernel Shell (PKS)
  • 5.2.3. Others
• 5.3. Market Analysis, Insights, and Forecast - By Combustion Method
  • 5.3.1. Direct Combustion
  • 5.3.2. Gasification
  • 5.3.3. Pyrolysis
  • 5.3.4. Others
• 5.4. Market Analysis, Insights, and Forecast - By Application
  • 5.4.1. Industrial
  • 5.4.2. Transportation
  • 5.4.3. Commercial
  • 5.4.4. Residential
  • 5.4.5. Others
• 5.5. Market Analysis, Insights, and Forecast - By Region
  • 5.5.1. North America
  • 5.5.2. Europe
  • 5.5.3. Asia Pacific
  • 5.5.4. Rest of the World

6. North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market (Thousand Tons, USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 6.1. Key Findings
• 6.2. Market Analysis, Insights, and Forecast - By Feedstock
  • 6.2.1. Wood Pellets
  • 6.2.2. Palm Kernel Shell (PKS)
  • 6.2.3. Others
• 6.3. Market Analysis, Insights, and Forecast - By Combustion Method
  • 6.3.1. Direct Combustion
  • 6.3.2. Gasification
  • 6.3.3. Pyrolysis
  • 6.3.4. Others
• 6.4. Market Analysis, Insights, and Forecast - By Application
  • 6.4.1. Industrial
  • 6.4.2. Transportation
  • 6.4.3. Commercial
  • 6.4.4. Residential
  • 6.4.5. Others
• 6.5. Market Analysis, Insights, and Forecast - By Country
  • 6.5.1. U.S.
  • 6.5.2. Canada

7. Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market (Thousand Tons, USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 7.1. Key Findings
• 7.2. Market Analysis, Insights, and Forecast - By Feedstock
  • 7.2.1. Wood Pellets
  • 7.2.2. Palm Kernel Shell (PKS)
  • 7.2.3. Others
• 7.3. Market Analysis, Insights, and Forecast - By Combustion Method
  • 7.3.1. Direct Combustion
  • 7.3.2. Gasification
  • 7.3.3. Pyrolysis
  • 7.3.4. Others
• 7.4. Market Analysis, Insights, and Forecast - By Application
  • 7.4.1. Industrial
  • 7.4.2. Transportation
  • 7.4.3. Commercial
  • 7.4.4. Residential
  • 7.4.5. Others
• 7.5. Market Analysis, Insights, and Forecast - By Country
  • 7.5.1. Italy
  • 7.5.2. Germany
  • 7.5.3. France
  • 7.5.4. Denmark
  • 7.5.5. Netherlands
  • 7.5.6. Sweden
  • 7.5.7. Belgium
  • 7.5.8. Austria
  • 7.5.9. U.K.
  • 7.5.10. Rest of Europe

8. Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market (Thousand Tons, USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 8.1. Key Findings
• 8.2. Market Analysis, Insights, and Forecast - By Feedstock
  • 8.2.1. Wood Pellets
  • 8.2.2. Palm Kernel Shell (PKS)
  • 8.2.3. Others
• 8.3. Market Analysis, Insights, and Forecast - By Combustion Method
  • 8.3.1. Direct Combustion
  • 8.3.2. Gasification
  • 8.3.3. Pyrolysis
  • 8.3.4. Others
• 8.4. Market Analysis, Insights, and Forecast - By Application
  • 8.4.1. Industrial
  • 8.4.2. Transportation
  • 8.4.3. Commercial
  • 8.4.4. Residential
  • 8.4.5. Others
• 8.5. Market Analysis, Insights, and Forecast - By Country
  • 8.5.1. China
  • 8.5.2. Japan
  • 8.5.3. South Korea
  • 8.5.4. Rest of Asia Pacific

9. Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market (Thousand Tons, USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 9.1. Key Findings
• 9.2. Market Analysis, Insights, and Forecast - By Feedstock
  • 9.2.1. Wood Pellets
  • 9.2.2. Palm Kernel Shell (PKS)
  • 9.2.3. Others
• 9.3. Market Analysis, Insights, and Forecast - By Combustion Method
  • 9.3.1. Direct Combustion
  • 9.3.2. Gasification
  • 9.3.3. Pyrolysis
  • 9.3.4. Others
• 9.4. Market Analysis, Insights, and Forecast - By Application
  • 9.4.1. Industrial
  • 9.4.2. Transportation
  • 9.4.3. Commercial
  • 9.4.4. Residential
  • 9.4.5. Others

10. Competitive Analysis

• 10.1. Company Market Share Analysis, 2025
• 10.2. Company Profile
  • 10.2.1. Iwatani Corporation
    • 10.2.1.1. Business Overview
    • 10.2.1.2. Product and Service Offerings
    • 10.2.1.3. Recent Developments
    • 10.2.1.4. Financials (Based on Availability)

11. Similar data will be provided for the below listed companies

• 11.1. Enviva Inc.
  • 11.1.1. Drax Global
  • 11.1.2. CM Biomass
  • 11.1.3. Hanwa Co., Ltd.
  • 11.1.4. BIOENECO SDN. BHD.
  • 11.1.5. Valfei Products Inc.
  • 11.1.6. Mallard Creek Inc.
  • 11.1.7. Graanul Invest
  • 11.1.8. Segezha Group
  • 11.1.9. Energex

List of Tables

• Table 1: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Feedstock, 2021-2034
• Table 2: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034
• Table 3: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Combustion Method, 2021-2034
• Table 4: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Combustion Method, 2021-2034
• Table 5: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Application, 2021-2034
• Table 6: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Application, 2021-2034
• Table 7: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Region, 2021-2034
• Table 8: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Region, 2021-2034
• Table 9: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Feedstock, 2021-2034
• Table 10: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034
• Table 11: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Combustion Method, 2021-2034
• Table 12: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Combustion Method, 2021-2034
• Table 13: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Application, 2021-2034
• Table 14: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Application, 2021-2034
• Table 15: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Country, 2021-2034
• Table 16: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Country, 2021-2034
• Table 17: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Feedstock, 2021-2034
• Table 18: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034
• Table 19: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Combustion Method, 2021-2034
• Table 20: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Combustion Method, 2021-2034
• Table 21: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Application, 2021-2034
• Table 22: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Application, 2021-2034
• Table 23: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Country, 2021-2034
• Table 24: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Country, 2021-2034
• Table 25: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Feedstock, 2021-2034
• Table 26: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034
• Table 27: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Combustion Method, 2021-2034
• Table 28: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Combustion Method, 2021-2034
• Table 29: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Application, 2021-2034
• Table 30: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Application, 2021-2034
• Table 31: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Country, 2021-2034
• Table 32: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Country, 2021-2034
• Table 33: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Feedstock, 2021-2034
• Table 34: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Feedstock, 2021-2034
• Table 35: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Combustion Method, 2021-2034
• Table 36: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Combustion Method, 2021-2034
• Table 37: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Volume (Thousand Tons) Forecast, By Application, 2021-2034
• Table 38: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Revenue (USD Billion) Forecast, By Application, 2021-2034
• Table 39: Company Market Share Analysis (%), 2025

List of Figures

• Figure 1: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Feedstock, 2025 & 2034
• Figure 2: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Wood Pellets, 2021-2034
• Figure 3: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Palm Kernel Shell (PKS), 2021-2034
• Figure 4: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 5: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Combustion Method, 2025 & 2034
• Figure 6: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Direct Combustion, 2021-2034
• Figure 7: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Gasification, 2021-2034
• Figure 8: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Pyrolysis, 2021-2034
• Figure 9: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 10: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Application, 2025 & 2034
• Figure 11: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Industrial, 2021-2034
• Figure 12: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Transportation, 2021-2034
• Figure 13: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Commercial, 2021-2034
• Figure 14: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Residential, 2021-2034
• Figure 15: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 16: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value (USD Billion), by Region, 2025 & 2034
• Figure 17: Global Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), by Region, 2025
• Figure 18: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Feedstock, 2025 & 2034
• Figure 19: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Wood Pellets, 2021-2034
• Figure 20: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Palm Kernel Shell (PKS), 2021-2034
• Figure 21: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 22: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Combustion Method, 2025 & 2034
• Figure 23: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Direct Combustion, 2021-2034
• Figure 24: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Gasification, 2021-2034
• Figure 25: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Pyrolysis, 2021-2034
• Figure 26: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 27: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Application, 2025 & 2034
• Figure 28: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Industrial, 2021-2034
• Figure 29: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Transportation, 2021-2034
• Figure 30: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Commercial, 2021-2034
• Figure 31: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Residential, 2021-2034
• Figure 32: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 33: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value (USD Billion), by Country, 2025 & 2034
• Figure 34: North America Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), by Country, 2025
• Figure 35: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Feedstock, 2025 & 2034
• Figure 36: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Wood Pellets, 2021-2034
• Figure 37: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Palm Kernel Shell (PKS), 2021-2034
• Figure 38: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 39: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Combustion Method, 2025 & 2034
• Figure 40: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Direct Combustion, 2021-2034
• Figure 41: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Gasification, 2021-2034
• Figure 42: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Pyrolysis, 2021-2034
• Figure 43: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 44: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Application, 2025 & 2034
• Figure 45: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Industrial, 2021-2034
• Figure 46: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Transportation, 2021-2034
• Figure 47: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Commercial, 2021-2034
• Figure 48: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Residential, 2021-2034
• Figure 49: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 50: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value (USD Billion), by Country, 2025 & 2034
• Figure 51: Europe Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), by Country, 2025
• Figure 52: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Feedstock, 2025 & 2034
• Figure 53: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Wood Pellets, 2021-2034
• Figure 54: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Palm Kernel Shell (PKS), 2021-2034
• Figure 55: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 56: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Combustion Method, 2025 & 2034
• Figure 57: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Direct Combustion, 2021-2034
• Figure 58: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Gasification, 2021-2034
• Figure 59: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Pyrolysis, 2021-2034
• Figure 60: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 61: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Application, 2025 & 2034
• Figure 62: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Industrial, 2021-2034
• Figure 63: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Transportation, 2021-2034
• Figure 64: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Commercial, 2021-2034
• Figure 65: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Residential, 2021-2034
• Figure 66: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 67: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value (USD Billion), by Country, 2025 & 2034
• Figure 68: Asia Pacific Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), by Country, 2025
• Figure 69: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Feedstock, 2025 & 2034
• Figure 70: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Wood Pellets, 2021-2034
• Figure 71: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Palm Kernel Shell (PKS), 2021-2034
• Figure 72: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 73: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Combustion Method, 2025 & 2034
• Figure 74: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Direct Combustion, 2021-2034
• Figure 75: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Gasification, 2021-2034
• Figure 76: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Pyrolysis, 2021-2034
• Figure 77: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034
• Figure 78: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Value Share (%), By Application, 2025 & 2034
• Figure 79: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Industrial, 2021-2034
• Figure 80: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Transportation, 2021-2034
• Figure 81: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Commercial, 2021-2034
• Figure 82: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Residential, 2021-2034
• Figure 83: Rest of the World Biomass Fuel (Wood Pellets and Palm Kernel Shell (PKS)) Market Forecast (USD Billion), by Others, 2021-2034