Global Wood Chips Market Overview
The Global Wood Chips Market size is expected to grow from USD 9.15 billion in 2023 to USD 9.87 billion by 2032, at a CAGR of 7.91% during the forecast period (2024-2032).
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. Sawing residue chips are made from sawmill leftovers. Short rotation forestry chips are another type of woodchip (from energy crops).
Additionally, woodchips can be made from pulpwood, waste wood, and leftover wood from logging, sawmills, agricultural, landscaping, and landscaping. Additionally, forestry debris such as tree crowns, limbs, unsalable parts, or undersized trees can be used to make woodchips. The stability and long-term growth of the forests from which wood chips are taken may be harmed by their increased use, even though they have some advantages. Additionally, wood pellets have been identified as one of the bioenergy areas with the highest global growth in recent years. As a result, the rising demand for wood chips accelerates the growth of the market over the forecast period.
Market Dynamics And Factors For Wood Chips Market
Drivers:
Growing Demand for Wood Chips
- The most important factor driving demand for wood chips is an increase in demand from the pulp industry. Wood chips are used to manufacture pulp, which is subsequently burned to produce biochar, also known as charcoal. Furthermore, the rising need for renewable energy generation leads to market expansion. As conventional energy sources deplete, the rising usage of renewable energy sources such as biomass is boosting the wood chips industry. Increased demand for wood chips in the pulp industry, where wood chips are used as a raw material to make pulp, is also driving the growth of the wood chips market. When wood chips are burned, biochar, also known as charcoal, is produced. It can be burned as charcoal or used as fertilizer in the soil. During the projected period, this is also expected to drive the wood chips market. The rising demand for thermal energy generation utilizing renewable and green feedstock materials is expected to help the market. The greater energy coefficient of wood chips is predicted to keep demand high during the projection period. During the forecast period, the wood chips market is likely to be stymied by requirements for sustainability-related certifications and restrictions on GHG emissions from wood chips used for energy generation.
Restraints:
Downsides of Using Wood Chips and The Availability of Alternatives
- Market growth is hampered by price volatility brought on by shifting raw material costs, climatic variations, and strict regulatory standards governing the growing of wood. The market growth rate for wood chips will face difficulties as a result of these reasons. However, it is anticipated that the usage of wood pellets as a substitute for wood chips and their rising penetration into the residential and commercial sectors for power production will hinder the growth of the wood chip market.
Opportunity:
Wood Chip Feeding Technology of the Future for Small-scale Biomass Boilers
- Wood chip boilers are one of the key technologies, although there are already 0.7 million small-scale biomass boilers sold in Europe each year. By 2020, it is anticipated that number would climb to 1.6 million. The fuel feeding methods used with these wood chip boilers continue to be a significant weak point. They cause 80 to 90 percent of unforeseen plant shutdowns, more emissions, and lower efficiency. Additionally, discharge from the bottom predominates in currently used feeding systems, which has the drawbacks of requiring large constructions, wearing down equipment more quickly, complicating maintenance, and having high operating expenses. Creating a novel wood chip feeding method for small-scale heating plants was the objective of BioChipFeeding. A gripper that enables feeding from above the pile of stored fuel is a key part of the system. It will be fitted with sensors to check the gasoline's moisture content and particle size, allowing it to produce the right fuel blends and maintain fairly consistent fuel quality. In addition, a brand-new fuel feeding screw that can continuously convey wood chips into the furnace regardless of shape or size will be created. Due to a more consistent and equal fuel supply, the performance of the boiler will be substantially improved with this innovative technology. It should be particularly appealing to customers due to lower operation and maintenance expenses, which will greatly expand its possibilities for use.
Segmentation Analysis Of Wood Chips Market
- By Product Type, the softwood segment is anticipated to dominate the wood chips market over the forecast period. The segment is anticipated to grow throughout the predicted period because of increased demand for items like garden pulp and other uses like playground surfaces. Throughout the projection period, demand is anticipated to increase due to the high carbon content of hardwood goods.
- By Raw materials, forest chips are expected to hold the maximum market share over the forecast period. Log chips made from stem wood make up forest chips. Chips are made entirely from the biomass found above ground in a tree. chipping up leftover wood from branches, rubbish, etc. A significant number of needles, bark, and branches are present in wood chips manufactured from forest leftover wood (in this case, spruce). Due to the vast array of potential raw materials and processing techniques, the quality of forest woodchips as a fuel varies greatly.
- By Application, the combined Heat and Power segment is expected to grow at a faster pace during the forecast period. During the projected period, demand for the product as a fuel in combined heat and power applications is anticipated to soar. One of the product's most popular uses is residential heating, but because pellets are so widely used for interior heating, residential heating's growth is expected to be limited. Wood chips are anticipated to grow in popularity as garden mulch due to their remarkable water-absorbing qualities and low product prices.
Regional Analysis Of Wood Chips Market
- Asia Pacific economies, notably China and Japan, are experiencing an increase in demand for these chips in the commercial energy generation sector, which is boosting the regional market. The inclusion of precondition constraints in the Renewable Energy Directive 2 (RED 2) and the existence of GHG emission criteria in developing nations together are likely to promote market expansion. Additionally, Japan's Feed-In Tariff program, which offers incentives for the use of biomass, is assisting the industry's expansion in APAC. In addition, the countries in the region are increasingly using wood chips for household heating. The Feed-in-Tariff subsidy program is helping Japan create a sizable pipeline of biomass projects. Japan, which exports a significant amount of wood chips for pulp and paper, is anticipated to increase the number of wood chips it uses for domestic energy production.
- Europe is expected to hold a significant market share of the global wood chips market, closely followed by South and North America. Historically, small-scale (20MW) facilities in Europe have generated heat and electricity using wood chips. For this purpose, local wood is typically used. For many years, West Africa has provided wood chips for energy, albeit in relatively tiny quantities. In Europe, the majority of the time, wood that has been grown locally is used to generate heat.
- South American eucalyptus plantations are a key source of supplies for pulpmills in China and Japan. However, due to the increased availability of plantation fiber in Southeast Asia (mostly from Vietnam) and the rising demand for fiber from local pulpmills in Latin America, the share of Latin America in overall Asian import volumes has decreased over the previous five years. As a result, since 2018, when a record high of 4.6 million odmt was established, total export volumes from the continent have continuously decreased. Chile has been Latin America's largest exporter for the past ten years. However, in 2021, the nation's shipments decreased as Brazil and Uruguay expanded their proportions of the continent's supply of wood chips for export.
- Due to customers' growing reliance on conventional energy sources, demand for the product is expected to remain moderate across the Middle East. In addition, it is anticipated that a lack of home heating use of the product in the Middle East will restrain market expansion in the area.
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.
Key Industry Development In The Wood Chips Market
- In March 2024, Orsted announced its plan to expand its biomass power generation capacity across Europe, driving up the demand for wood chips as a fuel source.
- In March 2024, Great Northern Timber announced its collaboration with a local conservation group to plant new trees in areas previously cut for wood chips. This project is estimated to demonstrate the company's commitment to sustainable forestry methods.
Global Wood Chips Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 9.15 Bn. |
Forecast Period 2024-32 CAGR: |
7.91% |
Market Size in 2032: |
USD 9.87 Bn. |
Segments Covered: |
By Product Type |
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By Raw Material |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Product Type
ā3.2 By Raw Material
ā3.3 By Application
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Wood Chips Market by Product Type
ā5.1 Wood Chips Market Overview Snapshot and Growth Engine
ā5.2 Wood Chips Market Overview
ā5.3 Softwood
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Softwood: Grographic Segmentation
ā5.4 Hardwood
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Hardwood: Grographic Segmentation
ā5.5 Others
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2017-2032F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Others: Grographic Segmentation
Chapter 6: Wood Chips Market by Raw Material
ā6.1 Wood Chips Market Overview Snapshot and Growth Engine
ā6.2 Wood Chips Market Overview
ā6.3 Forest Chips
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Forest Chips: Grographic Segmentation
ā6.4 Wood Residue Chips
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2017-2032F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Wood Residue Chips: Grographic Segmentation
ā6.5 Sawing Residue Chips
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2017-2032F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Sawing Residue Chips: Grographic Segmentation
ā6.6 Short Rotation Coppice Chips
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2017-2032F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Short Rotation Coppice Chips: Grographic Segmentation
Chapter 7: Wood Chips Market by Application
ā7.1 Wood Chips Market Overview Snapshot and Growth Engine
ā7.2 Wood Chips Market Overview
ā7.3 Combined Heat and Power
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2017-2032F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Combined Heat and Power: Grographic Segmentation
ā7.4 Residential and Commercial Heating
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2017-2032F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Residential and Commercial Heating: Grographic Segmentation
ā7.5 Playground Surfacing
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2017-2032F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Playground Surfacing: Grographic Segmentation
ā7.6 Pulp Manufacturing
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2017-2032F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Pulp Manufacturing: Grographic Segmentation
ā7.7 Mulch
āā7.7.1 Introduction and Market Overview
āā7.7.2 Historic and Forecasted Market Size (2017-2032F)
āā7.7.3 Key Market Trends, Growth Factors and Opportunities
āā7.7.4 Mulch: Grographic Segmentation
ā7.8 Others
āā7.8.1 Introduction and Market Overview
āā7.8.2 Historic and Forecasted Market Size (2017-2032F)
āā7.8.3 Key Market Trends, Growth Factors and Opportunities
āā7.8.4 Others: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Wood Chips Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Wood Chips Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Wood Chips Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 ST. BONIFACE PALLET
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 AMERICAN WOOD RESOURCES
ā8.4 AXPO GROUP
ā8.5 GREAT NORTHERN TIMBER
ā8.6 EVOWORLD GMBH
ā8.7 BONIFACE PALLET COMPANY LTD
ā8.8 MITSUI & CO. LTD.
ā8.9 COGENT FIBRE
ā8.10 ENVIVA PELLETS
ā8.11 OJI HOLDINGS
ā8.12 ORSTED A/S
ā8.13 SOJITZ CORPORATION
ā8.14 VERDO A/S
ā8.15 OTHER MAJOR PLAYERS
Chapter 9: Global Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Product Type
āā9.2.1 Softwood
āā9.2.2 Hardwood
āā9.2.3 Others
ā9.3 Historic and Forecasted Market Size By Raw Material
āā9.3.1 Forest Chips
āā9.3.2 Wood Residue Chips
āā9.3.3 Sawing Residue Chips
āā9.3.4 Short Rotation Coppice Chips
ā9.4 Historic and Forecasted Market Size By Application
āā9.4.1 Combined Heat and Power
āā9.4.2 Residential and Commercial Heating
āā9.4.3 Playground Surfacing
āā9.4.4 Pulp Manufacturing
āā9.4.5 Mulch
āā9.4.6 Others
Chapter 10: North America Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Product Type
āā10.4.1 Softwood
āā10.4.2 Hardwood
āā10.4.3 Others
ā10.5 Historic and Forecasted Market Size By Raw Material
āā10.5.1 Forest Chips
āā10.5.2 Wood Residue Chips
āā10.5.3 Sawing Residue Chips
āā10.5.4 Short Rotation Coppice Chips
ā10.6 Historic and Forecasted Market Size By Application
āā10.6.1 Combined Heat and Power
āā10.6.2 Residential and Commercial Heating
āā10.6.3 Playground Surfacing
āā10.6.4 Pulp Manufacturing
āā10.6.5 Mulch
āā10.6.6 Others
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Product Type
āā11.4.1 Softwood
āā11.4.2 Hardwood
āā11.4.3 Others
ā11.5 Historic and Forecasted Market Size By Raw Material
āā11.5.1 Forest Chips
āā11.5.2 Wood Residue Chips
āā11.5.3 Sawing Residue Chips
āā11.5.4 Short Rotation Coppice Chips
ā11.6 Historic and Forecasted Market Size By Application
āā11.6.1 Combined Heat and Power
āā11.6.2 Residential and Commercial Heating
āā11.6.3 Playground Surfacing
āā11.6.4 Pulp Manufacturing
āā11.6.5 Mulch
āā11.6.6 Others
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Product Type
āā12.4.1 Softwood
āā12.4.2 Hardwood
āā12.4.3 Others
ā12.5 Historic and Forecasted Market Size By Raw Material
āā12.5.1 Forest Chips
āā12.5.2 Wood Residue Chips
āā12.5.3 Sawing Residue Chips
āā12.5.4 Short Rotation Coppice Chips
ā12.6 Historic and Forecasted Market Size By Application
āā12.6.1 Combined Heat and Power
āā12.6.2 Residential and Commercial Heating
āā12.6.3 Playground Surfacing
āā12.6.4 Pulp Manufacturing
āā12.6.5 Mulch
āā12.6.6 Others
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Product Type
āā13.4.1 Softwood
āā13.4.2 Hardwood
āā13.4.3 Others
ā13.5 Historic and Forecasted Market Size By Raw Material
āā13.5.1 Forest Chips
āā13.5.2 Wood Residue Chips
āā13.5.3 Sawing Residue Chips
āā13.5.4 Short Rotation Coppice Chips
ā13.6 Historic and Forecasted Market Size By Application
āā13.6.1 Combined Heat and Power
āā13.6.2 Residential and Commercial Heating
āā13.6.3 Playground Surfacing
āā13.6.4 Pulp Manufacturing
āā13.6.5 Mulch
āā13.6.6 Others
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Wood Chips Market Analysis, Insights and Forecast, 2017-2032
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Product Type
āā14.4.1 Softwood
āā14.4.2 Hardwood
āā14.4.3 Others
ā14.5 Historic and Forecasted Market Size By Raw Material
āā14.5.1 Forest Chips
āā14.5.2 Wood Residue Chips
āā14.5.3 Sawing Residue Chips
āā14.5.4 Short Rotation Coppice Chips
ā14.6 Historic and Forecasted Market Size By Application
āā14.6.1 Combined Heat and Power
āā14.6.2 Residential and Commercial Heating
āā14.6.3 Playground Surfacing
āā14.6.4 Pulp Manufacturing
āā14.6.5 Mulch
āā14.6.6 Others
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Wood Chips Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 9.15 Bn. |
Forecast Period 2024-32 CAGR: |
7.91% |
Market Size in 2032: |
USD 9.87 Bn. |
Segments Covered: |
By Product Type |
|
|
By Raw Material |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. WOOD CHIPS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. WOOD CHIPS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. WOOD CHIPS MARKET COMPETITIVE RIVALRY
TABLE 005. WOOD CHIPS MARKET THREAT OF NEW ENTRANTS
TABLE 006. WOOD CHIPS MARKET THREAT OF SUBSTITUTES
TABLE 007. WOOD CHIPS MARKET BY PRODUCT TYPE
TABLE 008. SOFTWOOD MARKET OVERVIEW (2016-2028)
TABLE 009. HARDWOOD MARKET OVERVIEW (2016-2028)
TABLE 010. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 011. WOOD CHIPS MARKET BY RAW MATERIAL
TABLE 012. FOREST CHIPS MARKET OVERVIEW (2016-2028)
TABLE 013. WOOD RESIDUE CHIPS MARKET OVERVIEW (2016-2028)
TABLE 014. SAWING RESIDUE CHIPS MARKET OVERVIEW (2016-2028)
TABLE 015. SHORT ROTATION COPPICE CHIPS MARKET OVERVIEW (2016-2028)
TABLE 016. WOOD CHIPS MARKET BY APPLICATION
TABLE 017. COMBINED HEAT AND POWER MARKET OVERVIEW (2016-2028)
TABLE 018. RESIDENTIAL AND COMMERCIAL HEATING MARKET OVERVIEW (2016-2028)
TABLE 019. PLAYGROUND SURFACING MARKET OVERVIEW (2016-2028)
TABLE 020. PULP MANUFACTURING MARKET OVERVIEW (2016-2028)
TABLE 021. MULCH MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA WOOD CHIPS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. NORTH AMERICA WOOD CHIPS MARKET, BY RAW MATERIAL (2016-2028)
TABLE 025. NORTH AMERICA WOOD CHIPS MARKET, BY APPLICATION (2016-2028)
TABLE 026. N WOOD CHIPS MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE WOOD CHIPS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. EUROPE WOOD CHIPS MARKET, BY RAW MATERIAL (2016-2028)
TABLE 029. EUROPE WOOD CHIPS MARKET, BY APPLICATION (2016-2028)
TABLE 030. WOOD CHIPS MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC WOOD CHIPS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 032. ASIA PACIFIC WOOD CHIPS MARKET, BY RAW MATERIAL (2016-2028)
TABLE 033. ASIA PACIFIC WOOD CHIPS MARKET, BY APPLICATION (2016-2028)
TABLE 034. WOOD CHIPS MARKET, BY COUNTRY (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA WOOD CHIPS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA WOOD CHIPS MARKET, BY RAW MATERIAL (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA WOOD CHIPS MARKET, BY APPLICATION (2016-2028)
TABLE 038. WOOD CHIPS MARKET, BY COUNTRY (2016-2028)
TABLE 039. SOUTH AMERICA WOOD CHIPS MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 040. SOUTH AMERICA WOOD CHIPS MARKET, BY RAW MATERIAL (2016-2028)
TABLE 041. SOUTH AMERICA WOOD CHIPS MARKET, BY APPLICATION (2016-2028)
TABLE 042. WOOD CHIPS MARKET, BY COUNTRY (2016-2028)
TABLE 043. ST. BONIFACE PALLET: SNAPSHOT
TABLE 044. ST. BONIFACE PALLET: BUSINESS PERFORMANCE
TABLE 045. ST. BONIFACE PALLET: PRODUCT PORTFOLIO
TABLE 046. ST. BONIFACE PALLET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. AMERICAN WOOD RESOURCES: SNAPSHOT
TABLE 047. AMERICAN WOOD RESOURCES: BUSINESS PERFORMANCE
TABLE 048. AMERICAN WOOD RESOURCES: PRODUCT PORTFOLIO
TABLE 049. AMERICAN WOOD RESOURCES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. AXPO GROUP: SNAPSHOT
TABLE 050. AXPO GROUP: BUSINESS PERFORMANCE
TABLE 051. AXPO GROUP: PRODUCT PORTFOLIO
TABLE 052. AXPO GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. GREAT NORTHERN TIMBER: SNAPSHOT
TABLE 053. GREAT NORTHERN TIMBER: BUSINESS PERFORMANCE
TABLE 054. GREAT NORTHERN TIMBER: PRODUCT PORTFOLIO
TABLE 055. GREAT NORTHERN TIMBER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. EVOWORLD GMBH: SNAPSHOT
TABLE 056. EVOWORLD GMBH: BUSINESS PERFORMANCE
TABLE 057. EVOWORLD GMBH: PRODUCT PORTFOLIO
TABLE 058. EVOWORLD GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. BONIFACE PALLET COMPANY LTD: SNAPSHOT
TABLE 059. BONIFACE PALLET COMPANY LTD: BUSINESS PERFORMANCE
TABLE 060. BONIFACE PALLET COMPANY LTD: PRODUCT PORTFOLIO
TABLE 061. BONIFACE PALLET COMPANY LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. MITSUI & CO. LTD.: SNAPSHOT
TABLE 062. MITSUI & CO. LTD.: BUSINESS PERFORMANCE
TABLE 063. MITSUI & CO. LTD.: PRODUCT PORTFOLIO
TABLE 064. MITSUI & CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. COGENT FIBRE: SNAPSHOT
TABLE 065. COGENT FIBRE: BUSINESS PERFORMANCE
TABLE 066. COGENT FIBRE: PRODUCT PORTFOLIO
TABLE 067. COGENT FIBRE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. ENVIVA PELLETS: SNAPSHOT
TABLE 068. ENVIVA PELLETS: BUSINESS PERFORMANCE
TABLE 069. ENVIVA PELLETS: PRODUCT PORTFOLIO
TABLE 070. ENVIVA PELLETS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. OJI HOLDINGS: SNAPSHOT
TABLE 071. OJI HOLDINGS: BUSINESS PERFORMANCE
TABLE 072. OJI HOLDINGS: PRODUCT PORTFOLIO
TABLE 073. OJI HOLDINGS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. ORSTED A/S: SNAPSHOT
TABLE 074. ORSTED A/S: BUSINESS PERFORMANCE
TABLE 075. ORSTED A/S: PRODUCT PORTFOLIO
TABLE 076. ORSTED A/S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. SOJITZ CORPORATION: SNAPSHOT
TABLE 077. SOJITZ CORPORATION: BUSINESS PERFORMANCE
TABLE 078. SOJITZ CORPORATION: PRODUCT PORTFOLIO
TABLE 079. SOJITZ CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. VERDO A/S: SNAPSHOT
TABLE 080. VERDO A/S: BUSINESS PERFORMANCE
TABLE 081. VERDO A/S: PRODUCT PORTFOLIO
TABLE 082. VERDO A/S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 083. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 084. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 085. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. WOOD CHIPS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. WOOD CHIPS MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. SOFTWOOD MARKET OVERVIEW (2016-2028)
FIGURE 013. HARDWOOD MARKET OVERVIEW (2016-2028)
FIGURE 014. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 015. WOOD CHIPS MARKET OVERVIEW BY RAW MATERIAL
FIGURE 016. FOREST CHIPS MARKET OVERVIEW (2016-2028)
FIGURE 017. WOOD RESIDUE CHIPS MARKET OVERVIEW (2016-2028)
FIGURE 018. SAWING RESIDUE CHIPS MARKET OVERVIEW (2016-2028)
FIGURE 019. SHORT ROTATION COPPICE CHIPS MARKET OVERVIEW (2016-2028)
FIGURE 020. WOOD CHIPS MARKET OVERVIEW BY APPLICATION
FIGURE 021. COMBINED HEAT AND POWER MARKET OVERVIEW (2016-2028)
FIGURE 022. RESIDENTIAL AND COMMERCIAL HEATING MARKET OVERVIEW (2016-2028)
FIGURE 023. PLAYGROUND SURFACING MARKET OVERVIEW (2016-2028)
FIGURE 024. PULP MANUFACTURING MARKET OVERVIEW (2016-2028)
FIGURE 025. MULCH MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA WOOD CHIPS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE WOOD CHIPS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC WOOD CHIPS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA WOOD CHIPS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA WOOD CHIPS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Wood Chips Market research report is 2024-2032.
St. 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.
The Wood Chips Market is segmented into Product Type, Raw Material, Application and region. By Product Type, the market is categorized into Softwood, Hardwood, Others. By Raw Material, the market is categorized into Forest Chips, Wood Residue Chips, Sawing Residue Chips, Short Rotation Coppice Chips. By Application, the market is categorized into Combined Heat and Power, Residential and Commercial Heating, Playground Surfacing, Pulp Manufacturing, Mulch, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
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.
The Global Wood Chips Market size is expected to grow from USD 9.15 billion in 2023 to USD 9.87 billion by 2032, at a CAGR of 7.91% during the forecast period (2024-2032).