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Wood Chips Market 2023: Industry Growth, Dynamic Research Analysis, Trend and Forecast To 2029

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Wood Chips Market:-

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. Forest chips are made from forested areas, while wood residue chips are made from off-cuts, recycled wood, and untreated wood residues.

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Wood Chips Market

The latest research on the Wood Chips Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Wood Chips industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Wood Chips market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

The Major Players in The Wood Chips Market Include:

  • 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.

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Market has segmented the global Wood Chips Market on the basis of type, application, and region:

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)

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Reasons to Purchase this Report:

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players

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