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Description
Wood chips are small pieces of wood that are obtained by cutting and chipping larger pieces of wood such as logging residues, roots, stumps, branches, and wood waste. They are commonly used for residential heating purposes, providing a sustainable and renewable source of energy. Wood chips have gained prominence in the industrial and commercial sectors as a source of energy generation. They can be used as fuel in biomass power plants or other energy generation systems.
The wood chips market in Europe is likely to register a CAGR of over 9.04% with an incremental growth of USD 4.9 billion during the forecast period 2023-2029. With depleting conventional sources of energy, there has been an increased focus on renewable energy. Wood chips, being a biomass energy source, have gained traction in this regard.
The report covers market size and growth, segmentation, country breakdowns, competitive landscape, trends and strategies for wood chips market in Europe. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
Market Segmentation
Type: forest chips, recycled chips, wood residue chips, sawing residue chips
Country: Germany, UK, France, Spain, Italy, Rest of Europe
This industry report offers market estimates and forecasts of the Europe market, followed by a detailed analysis of the type, and country. The Europe market for wood chips can be segmented by type: forest chips, recycled chips, wood residue chips, sawing residue chips. In 2022, the forest chips segment made up the largest share of revenue generated by the wood chips market. Wood chips market is further segmented by country: Germany, UK, France, Spain, Italy, Rest of Europe. Rest of Europe was the largest contributor to the Europe wood chips market in 2022.
Major Companies and Competitive Landscape
The report also provides analysis of the key companies of the industry and their detailed company profiles including Axpo Holding AG, Enviva, Inc., Koch Industries, Inc., Mitsui & Co., Ltd., Oji Holdings Corporation, Orsted A/S, Sojitz Corporation, Verdo A/S, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
To analyze and forecast the market size of the wood chips market in Europe.
To classify and forecast the wood chips market in Europe based on type, country.
To identify drivers and challenges for the wood chips market in Europe.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the wood chips market in Europe.
To identify and analyze the profile of leading players operating in the wood chips market in Europe.
Why Choose This Report
Gain a reliable outlook of the wood chips market in Europe forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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