Wood Shavings Market
Posted by chetana on January 25th, 2021
Wood Shavings Market size was valued US$ XX Bn in 2019 and the total revenue is expected to grow at 8.7 % from 2019 to 2027, reaching US$ XX Bn.
This is a comprehensive global report targeted on present and future prospects of the worldwide Wood Shavings Market. This report presents a consolidation of primary and secondary analysis that provides market size, share, dynamics and forecast for numerous segments and sub-segments considering the macro and small environment factors. The report also covers an in-depth analysis of COVID 19 pandemic impact on the sales revenue of Wood Shavings Market by year-wise and region and on the key players revenue affected and expected short term and long-term impact on the market.
Wood Shavings Market Overview:
Wood shavings are the wood chips or sawdust produced by tools such as scrapers, widely used for animal bedding purposes. Wood pellets are ecofriendly solid fuel made from compacted sawdust and related industry waste from the milling of lumber. Wood pellets have several benefits over fuel as they are made from renewable materials like wood shaving and sawdust. They are utilized in varied settings and applications like home eating appliances and large-scale boilers in industrial operations. Wood pellets are obtained in an exceedingly smaller size, small to store and manufacture a negligible quantity of ash.
Wood Shavings Market - Dynamics
Accessibility of raw materials like timber and compacted wood and low-price production are the factors boosting the demand for wood pellets. Rising environmental concern about greenhouse gas emissions (GHGs) in regions like U.S. and Europe has increased the recognition of wood pallets globally. The wood pellets market is witnessing growth on account of enhanced client’s awareness relating to the merchandise advantages like complete combustion, cleaner burning fuel as compared to fossil fuels and reduction in greenhouse gas emissions. However, the provision of substitutes and lack of awareness in developing countries is the first factor hampering the expansion of the market.
Wood shavings are resistant to moisture and are incredibly soft and so have found its usage as body confirming materials for the animals to rest. The peak and cushioning of the Wood shavings ensures that the animals have a supporting and dry surface. These factors have inspired animal owners to utilize wood shaving and thus boosting the Wood Shaving market growth. Moreover, the power of packing to soak up odor and resist mold-causing wetness additionally encourages the animal owners to use wood shavings for bedding, resulting in increased market growth.
These wood shavings keep dry simply, ensuring that ants or mites do not disturb the pets within the bedding. Moreover, wood shavings are also proof against humidness, heat or wetness that makes them the best preference for animal bedding. However, wood shavings leave traces of dirt or wood within the product that is considered and join the factors expected to hamper the wood shavings market growth over the forecast period.
However, the requirement for sustainability–related certifications and restrictions obligatory on GHG emissions from wood shavings once used for energy generation are possible to hinder the market throughout the forecast period.
By Geography, the global Wood Shavings market is segmented into APAC, North America, Latin America, Europe, Middle East & Africa. Europe with the rising demand owing to presence of wood-based industries within the region dominate the worldwide Wood Shavings market. Europe for power and heat generation in small-scale (20MW) plants is using locally sourced wood.
The objective of the report is to present a comprehensive analysis of the Wood Shavings Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
Wood Shavings Market, By Flakes
• North America
• Champion Shavings Corporation
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About the Authorchetana
Joined: February 27th, 2020
Articles Posted: 152
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