Wood Chippers Pushes Market Value Beyond USD 598.6 Million by 2032

0
935

The global wood chipper market has seen significant growth, reaching a valuation of USD 418.2 Million in 2021, poised to exceed USD 430.4 Million by the close of 2022. This upward trajectory is expected to continue, driven by increasing adoption across diverse end-use sectors. Projections indicate a steady 3.4% compound annual growth rate (CAGR) between 2022 and 2032, culminating in a total market value of USD 598.6 Million by 2032.

Wood chippers serve as robust machines designed to efficiently reduce wood, predominantly tree limbs and trunks, into smaller wood chips. These devices play a pivotal role in streamlining cleanup processes, offering an ideal solution for minimizing the workload associated with garden maintenance.

Their utility extends beyond residential settings, finding growing applications across construction sites and various industries. Wood chippers facilitate the chipping of a wide array of wood materials into smaller chips, which can then be conveniently transported and utilized as fuel across multiple sectors.

Get Exclusive Sample Copy of the Report

Regional Insights

According to FMI (Future Market Insights), the wood chipper market in China is expected to witness a robust growth trajectory, with a projected compound annual growth rate (CAGR) of 3.7% over the forecast period spanning from 2022 to 2032. This growth can be attributed to several factors including the rapid expansion of the construction industry, supportive government policies, and the widespread availability of wood chippers at competitive prices.

China boasts the largest construction market in East Asia, encompassing a broad spectrum of projects ranging from infrastructure development to energy and utility construction, residential housing, commercial buildings, and industrial facilities.

Meanwhile, in the United States, the wood chipper market is poised for steady expansion throughout the assessment period. This growth is driven by the increasing utilization of wood chippers, particularly within the thriving paper and pulp industry, as well as the construction sector.

Recent Developments

  • In September 2022, Timberwolf launched the RW 280HB, a hybrid wood chipper, to meet the growing industry trend toward more sustainable solutions.
  • In 2020, Vermeer EMEA launched the BC200, a brush chipper, its first machine fully developed in the Netherlands.

Key Companies

  • Terex, Morbark
  • Bandit
  • Vermeer
  • Patriot Products Inc.
  • Avant Tecno Oy
  • Bruks
  • Siwertell Ab
  • Bugnot 52
  • Crary Industries, Inc.
  • Wajax Limited
  • Barreto Manufacturing Inc.
  • Salsco Inc.
  • Vecoplan, LLC
  • Bca Industries Inc.
  • Pequea Machine, Inc.

Key Segments

By Product Type:

  • Disc Type
  • Drum Type
  • Screw Type

By Fuel Type:

  • Diesel Engine
  • Petrol Engine
  • Electric Driven

By Capacity:

  • 10-250 kg/hr
  • 250-3000 kg/hr
  • 3000-10000 kg/hr
  • Above 10000 kg/hr

By End Use:

  • Construction
  • Forestry & Biomass
  • Paper & Pulp
  • Timber Factories & Sawmills
  • Others
Search
Sponsored
Title of the document
Sponsored
ABU STUDENT PACKAGE
Categories
Read More
Other
Cloud Communication Platform Market Demand, Supply, Growth Factors, Latest Rising Trend & Forecast to 2031
The Insight Partners recently announced the release of the market research titled Cloud...
By Ahana John 2024-06-13 08:36:29 0 1K
Film
[EXCLUSIVE~MMS]~Mona alam Leaked Video Viral | Mona Alam Viral Video Link On Social Media X bgq
CLICK THIS L!NKK 🔴📱👉...
By Guifet Guifet 2025-02-05 14:47:41 0 355
Other
Why Domyassignment Help Is the Best Solution for “Do My Assignments for Me”
Academic life is a balancing act. From managing tight deadlines to tackling complex coursework,...
By Ross William 2024-11-20 06:44:54 0 711
Other
Organic Bar Soap Market - Analysis and Forecast (2024-2030)
The latest research on the Organic Bar Soap market provides a comprehensive overview of the...
By Rajendra Kundan 2024-10-31 12:56:37 0 715
Shopping
Carsicko Clothing | Stylish Streetwear & Urban Fashion for Trendsetters
Introduction In the fast-paced world of street fashion, only a few brands manage to rise above...
By Carsicko Clothing 2025-03-13 10:01:40 0 342