Global Wood Grinder Market Insights and Forecast to 2028

Wood Grinder Equipment is a high speed machine which reduces the size of wood into smaller and smaller pieces through a combination of tensile, shear and compressive forces.
Market Analysis and Insights: Global Wood Grinder Market
Due to the COVID-19 pandemic, the global Wood Grinder market size is estimated to be worth US$ 252 million in 2022 and is forecast to a readjusted size of US$ 322.5 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, Vertical Grinders accounting for % of the Wood Grinder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Forest segment is altered to an % CAGR throughout this forecast period.
Global Wood Grinder key players include Vecoplan AG, Terex Corporation, Bandit Industries , Vermeer, etc. Global top four manufacturers hold a share over 30%.
North America is the largest market, with a share about 35%, followed by Europe, and China, both have a share over 40 percent.
In terms of product, Horizontal Grinders is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Forest Industry, followed by Recycling Industry, etc.
In terms of production side, this report researches the Wood Grinder capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Wood Grinder by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Wood Grinder Scope and Segment
Wood Grinder market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Wood Grinder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Vertical Grinders
Horizontal Grinders
Segment by Application
Forest
Recycling
Others
By Company
Bandit Industries
Terex Corporation
Vermeer
Morbark
Vecoplan AG
Komptech Group
Astec Industries
DuraTech Industries
Doppstadt
Zhongbang
Zhengzhou Yuanxiang
TAGAMI EX
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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