(EnergyIndustry.Net, September 27, 2024 ) Wood Chips Market is anticipated to reach US$ 16.12 Bn by 2030 from US$ 8.22 Bn in 2023 at a CAGR of 10.1% during a forecast period.
The demand for renewable energy, charcoal making, and pulp industry are driving the wood chips industry globally. With a major producer Enviva bankrupting the void maybe filled with new players, the report published by MMR discusses the company profiles and implementation in details. The use of wooden palettes may affect the market negatively, along with volatility displayed by the raw materials in wooden chips industry.
Apr 2, 2024, USA, Mongabay: Maryland-based Enviva, world’s largest woody biomass producer for industrial energy declared bankruptcy. EU nations to find new source.
Nov 20, 2023, Vietnam: The Asian country clears forests to provide clean energy.
Jan 15, 2024, Europe: Russian invasion of Ukraine dropped the prices ad wood shipments in 2023.
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