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Wood Chips Market: An Exclusive Study On Upcoming Trends And Growth Opportunities from 2022-2028

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Global Wood Chips Market size was valued at USD 7.88 Billion in 2021 and is projected to reach USD 13.16 Billion by 2028, growing at a CAGR of 7.6% from 2022 to 2028.

Small to medium-sized pieces of wood, such as branches, trees, stumps, and debris from forestry operations are turned into woodchips by cutting or chipping bigger pieces of wood. Woodchips are the raw material for making wood pulp and can be used as a biomass solid fuel. They can be utilized as a substrate for the growth of mushrooms as well as an organic mulch for landscaping, gardening, and ecosystem restoration. Using a wood chipper, the process of creating woodchips is known as wood chipping. The kind of wood chipper utilized and the substance used to make the chips determine what kind of woodchips are produced after chipping.

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The increase in the use of renewable energy sources such as biomass due to the depletion of conventional energy sources is driving the market for wood chips. The increasing demand for wood chips in the pulp industry, where wood chips are used as raw materials to produce pulp, is also increasing the market for wood chips. When burned, wood chips produce biochar, which is known as charcoal. It can be used as charcoal or returned to the soil, as wood ash can be used as a soil fertilizer. This is also expected to boost the wood chip market during the forecast period.

Key Prominent Players In The Wood Chips Market:

  • Boniface Pallet
  • American Wood Resources
  • Axpo Group
  • Great Northern Timber
  • EVOWORLD GmbH
  • Boniface Pallet Company Ltd
  • Mitsui Co., Ltd.
  • Cogent Fibre
  • Enviva Pellets
  • Oji Holdings
  • Orsted A/S
  • Sojitz Corporation
  • Verdo A/S and other major players.

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Market segmentation

The Wood Chips market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

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

By Region     

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

 Impact Analysis Of Covid-19 On the Wood Chips Market:

The emergence of the new COVID strain has damaged the healthcare infrastructure in many industrialized and developing countries. There is a serious shortage of hospital staff, medicines, oxygen beds, and ventilators. Cemeteries and crematoriums have been hard at work to combat the rise in corpses. Supply networks are being disrupted, causing disruptions to manufacturing activities in several countries. Often overlooked by the public, the forest products business has been in the headlines since the COVID-19 epidemic struck in the first quarter of 2020. During the global toilet paper rush that spanned from March to June , the pulp and paper industry was at the top. of mind, and the timber sector has been headline news in recent weeks as timber prices hit new records by significant margins.

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Industry experts have identified key factors influencing the pace of development of the Wood Chips industry, including various opportunities and gaps. A thorough analysis of the Wood Chips market for the growth trends of each category makes the overall study interesting. When studying the market, researchers also dig deep into their future prospects and their contribution to the industry. Additionally, the research report evaluated the market key players and features, such as capacity utilization rate comprised of revenue.

What benefits does introspective market research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition Gap Analysis
  • Assisting in allocating marketing investments

Table Of Content

Chapter 1: Introduction

 1.1 Research Objectives

 1.2 Research Methodology

 1.3 Research Process

 1.4 Scope and Coverage

  1.4.1 Market Definition

  1.4.2 Key Questions Answered

 1.5 Market Segmentation

 

Chapter 2:Executive Summary

 

Chapter 3:Growth Opportunities By Segment

3.1 By Product Type

 3.2 By Raw Material

 3.3 By Application

Chapter 4: Market Landscape

 4.1 Porter's Five Forces Analysis

  4.1.1 Bargaining Power of Supplier

  4.1.2 Threat of New Entrants

  4.1.3 Threat of Substitutes

  4.1.4 Competitive Rivalry

  4.1.5 Bargaining Power Among Buyers

 4.2 Industry Value Chain Analysis

 4.3 Market Dynamics

  4.3.1 Drivers

  4.3.2 Restraints

  4.3.3 Opportunities

  4.5.4 Challenges

 4.4 Pestle Analysis

 4.5 Technological Roadmap

 4.6 Regulatory Landscape

 4.7 SWOT Analysis

 4.8 Price Trend Analysis

 4.9 Patent Analysis

 4.10 Analysis of the Impact of Covid-19

  4.10.1 Impact on the Overall Market

  4.10.2 Impact on the Supply Chain

  4.10.3 Impact on the Key Manufacturers

  4.10.4 Impact on the Pricing

 

Chapter 5: Wood Chips Market by Product Type

 5.1 Wood Chips Market Overview Snapshot and Growth Engine

 5.2 Wood Chips Market Overview

 5.3 Softwood

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size (2016-2028F)

  5.3.3 Key Market Trends, Growth Factors and Opportunities

  5.3.4 Softwood: Grographic Segmentation

To Be Continued………

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