Mobile Wood Tub Grinder Market Growth, Size, Share, Trends, and Forecast 2032

Mobile Wood Tub Grinder Market Insights

According to the report published by Zion Market Research, the global Mobile Wood Tub Grinder Market size was valued at USD 505.64 Million in 2023 and is predicted to reach USD 732.24 Million by the end of 2032. The market is expected to grow with a CAGR of 4.20% during the forecast period. The report analyzes the global Mobile Wood Tub Grinder Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Mobile Wood Tub Grinder Market industry.

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Mobile Wood Tub Grinder Market: Overview

Wood grinders help in grinding wood to refine and produce wood powder from its particulate form. It is used to grind materials like singles, agriculture products, sorted pallets, forestry residue, and whole trees. The two most common kinds of wood grinders available in the market are vertical (tub) grinders or horizontal grinders. Primarily, grinders are used to refine the substances that have been broken. They help in manufacturing different end products like fine-textured fiber, colored mulch, playground cushions, and chips.

The process of grinding the vegetative debris in order to produce reusable byproducts is referred to as wood tub grinding. The vegetative debris or wood material is replaced on a round tab or horizontal belt system and fed into a machine that further integrates the substances. These grinders are capable of grinding a number of cubic yards per hour. Wood tub grinder converts vegetable debris into recycled mulches and boiler fuel.

COVID-19 Impact:

The Covid-19 pandemic has significantly impacted the global supply chain competition landscape and market dynamics. The revenue has gone down in the first and second quarters of the Covid-19 pandemic, but it is likely to resume an uptrend gradually from 2022. Companies are effectively optimizing their operational strategy to beat the competition and sustain in the market

Mobile Wood Tub Grinder Market: Growth Drivers

Increasing demand from end-users is likely to fuel the growth of the global market.

The global mobile wood tub grinder market is likely to spur indefinitely due to the surge in demand from logging, sawmills, disposal, and waste treatment companies. The end products extracted from the recycling process by grinders like mulch are adopted to produce biofuels like biogas, syngas, and ethanol, which are ideal for environmental health. However, such a market landscape is likely to promulgate the demand for wood tub grinders.

Additionally, the fast proliferating pulp and paper sector is paving a positive trajectory for the global mobile wood tub grinder market. The surge in demand for lightweight packaging materials in a wide range of applications like pharmaceutical and consumer goods is likely to experience significant market growth during the forecast period. The ongoing technological advancements are likely to revolutionize the existing tech tools, which in turn will foster immense growth prospects in the global market. The chipping and grinding equipment along with manufacturing activities are leading in the market at a fast pace, which in turn will further compliment the demand. The renewable residential construction activities are propelling the demand for lumber which will strengthen the demand for wood production, sawmill, timber services, and logging.

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Mobile Wood Tub Grinder Market: Restraints

Constantly increasing fuel prices will hamper the growth of the global market.

The constantly increasing fuel prices globally are likely to pose a negative impact on the market growth. Also, different economic factors like lack of funds globally due to the pandemic hit will hamper the market growth.

Mobile Wood Tub Grinder Market: Opportunities

Surge in demand for green products & fast proliferation of agribusiness is likely to create immense growth opportunities in the global market.

The consumer demand for green eco-friendly products is constantly growing with time. The growing recycling activities will increase the requirement for mobile wood tub grinders, thereby opening new avenues in the global mobile wood tub grinder market. Additionally, the government is also imposing several restrictions regarding waste treatment, which in turn will also expedite market growth.

Mobile Wood Tub Grinder Market: Challenges

Government regulations regarding the cutting of trees are a huge challenge in the global market.

Due to the growing environmental concerns, many governments are taking big initiatives to stop the cutting of trees globally. These initiatives will impact the forestry industry in the market, which involves a huge application for mobile wood tub grinders. Therefore, it is likely to emerge as a huge challenge in front of the players in the global market.

Mobile Wood Tub Grinder Market: Segmentation

The global mobile wood tub grinder market can be segmented into type, application, and region.

By type, the market will be segmented into vertical and horizontal. The horizontal grinder segment accounts for the largest share in the global market due to its high productivity and lower risk.

By application, the market can be segmented into the construction sector, recycling sector, forestry sector, and others. The construction sector accounts for the largest share in the global market due to its fast proliferation globally owing to the growing renovation and residential construction activities.

Recent Developments

• In January 2019, Morbark, LLC acquired DENIS CIMAF, Inc., based in Roxton Falls, Canada. Further, in April 2019, the company added five companies to its global dealer network, including Morbark brush chippers and Rayco stump cutters.
• BC200 by Vermeer will be available in September 2020, which effectively comply with the European Union (E.U.) Stage V emission standards for EN 13525:2020 safety requirements and non-road mobile machinery specifically for forestry machinery.

Mobile Wood Tub Grinder Market: Report Scope

Mobile Wood Tub Grinder Market: Regional Landscape

North America accounts for the largest share in the global mobile wood tub grinder market due to the presence of prominent market leaders in the region. The growing product demand from the end-user sector is significantly high, which in turn will increase the scope of mobile wood tub grinders.

Asia Pacific is expected to be the fastest-growing region in the global mobile wood tub grinder market due to the presence of growing economies like India, Japan, and China.

Mobile Wood Tub Grinder Market: Competitive Landscape

Some of the significant players in the global mobile wood tub grinder market include:

• Zhengzhou Yuanxiang
• WHO manufacturing
• Vermeer BC
• Precision Husky
• Morbark LLC
• Hogzilla
• DuraTech Industries
• Diamond Z
• Bandit Industries
• Astec Industries
• E.P. Co., Inc.
• Klein Tools
• J.K. Files (India) Limited.

Global mobile wood tub grinder market is segmented as follows:

By Type      

• Horizontal
• Vertical

By Application

• Forest Industry
• Recycling Industry
• Construction Industry

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa