Wood Chips Market Understanding Market Trends for 2030: Size, Share, and Growth
The Global Wood Chips Market size is expected to grow from USD 8.49 billion in 2022 to USD 15.48 billion by 2030, at a CAGR of 7.8% during the forecast period (2023-2030).
The manufacture, use, and distribution of wood chips—small bits of wood obtained from a variety of sources, including forestry operations, lumber mills, and wood processing facilities—are all included in the wood chips market. Wood chips are widely utilized for several purposes, such as animal bedding, landscaping, biomass energy production, and the creation of pulp and paper. The pulp and paper, biomass energy, and gardening and landscaping sectors are among the key businesses served. Growing emphasis on recycling and waste reduction, growing need for sustainable biomass energy sources, and expanding applications across a range of industries are some of the reasons propelling the market's expansion. In addition, forestry practices, the supply of timber, environmental laws, and technological developments in wood processing and chipping equipment all have an impact on market dynamics.
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Top Key Players Covered In Wood Chips Market
St. Boniface Pallet, American Wood Resources, Axpo Group, Great Northern Timber, EVOWORLD GmbH, Mitsui & Co., Ltd., Cogent Fibre, Enviva Pellets, Oji Holdings, Orsted A/S, Sojitz Corporation, Verdo A/S, and other major players.
Introspective Market Research is a reliable partner specializing in comprehensive market research studies. Our commitment lies in providing businesses worldwide with valuable insights and strategic guidance through our comprehensive research.
Our Wood Chips market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.
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Segmentation Analysis of the Wood Chips Market
By Product Type
Softwood
Hardwood
Others
By Raw Material
Forest Chips
Wood Residue Chips
Sawing Residue Chips
Short Rotation Coppice Chips
By Application
Combined Heat and Power
Residential and Commercial Heating
Playground Surfacing
Pulp Manufacturing
Mulch
Others
Drivers in the Wood
The Global Wood Chips Market size is expected to grow from USD 8.49 billion in 2022 to USD 15.48 billion by 2030, at a CAGR of 7.8% during the forecast period (2023-2030).
The manufacture, use, and distribution of wood chips—small bits of wood obtained from a variety of sources, including forestry operations, lumber mills, and wood processing facilities—are all included in the wood chips market. Wood chips are widely utilized for several purposes, such as animal bedding, landscaping, biomass energy production, and the creation of pulp and paper. The pulp and paper, biomass energy, and gardening and landscaping sectors are among the key businesses served. Growing emphasis on recycling and waste reduction, growing need for sustainable biomass energy sources, and expanding applications across a range of industries are some of the reasons propelling the market's expansion. In addition, forestry practices, the supply of timber, environmental laws, and technological developments in wood processing and chipping equipment all have an impact on market dynamics.
Discount on the Research Report@
Top Key Players Covered In Wood Chips Market
St. Boniface Pallet, American Wood Resources, Axpo Group, Great Northern Timber, EVOWORLD GmbH, Mitsui & Co., Ltd., Cogent Fibre, Enviva Pellets, Oji Holdings, Orsted A/S, Sojitz Corporation, Verdo A/S, and other major players.
Introspective Market Research is a reliable partner specializing in comprehensive market research studies. Our commitment lies in providing businesses worldwide with valuable insights and strategic guidance through our comprehensive research.
Our Wood Chips market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.
Your Sample Report Is Just a Click Away!
Segmentation Analysis of the Wood Chips Market
By Product Type
Softwood
Hardwood
Others
By Raw Material
Forest Chips
Wood Residue Chips
Sawing Residue Chips
Short Rotation Coppice Chips
By Application
Combined Heat and Power
Residential and Commercial Heating
Playground Surfacing
Pulp Manufacturing
Mulch
Others
Drivers in the Wood
10:31 AM - Apr 18, 2024 (UTC)
