The North America and Europe pulpwood market was valued at USD 14,513.8 million in 2020 and is projected to reach USD 16,117.3 million by 2027, expanding at CAGR of 1.5% during the forecast period. In terms of volume, the market is estimated to expand at a CAGR of 1.3% between 2020 and 2027. Trees, which are grown for harvesting timber, are further used as pulpwood to produce paper products. Different types of trees are used in the formation of wood products. These trees are harvested in their young stage. Additionally, pulpwood is used in several types of wood products, which have applications in inexpensive furniture, clothing, and cosmetics.
Some manufacturers intentionally use an area of trees for pulpwood, while others harvest the trees for producing wood products. For instance, salvaged trees after a natural disaster are used for harvesting pulpwood. Trees, which are suitable for harvesting timber in a mixed logging operation, are first cut. The inferior trees are harvested for use in pulpwood production. Additionally, sizable limbs and dead trees are used in the production of pulpwood for various purposes. The main purpose of harvesting pulpwood is the manufacture of paper products such as writing paper and computer and copy paper.
The North America and Europe pulpwood market is anticipated to grow due to the increasing demand for paper-based material, rising number of paper manufacturers and pulpwood plantations, growing demand for paper packaging, and rising demand for forest products. The market is facing unprecedented challenges due to increasing digitalization and rising emphasis on raw material and resource management. However, improved lifestyle and government initiatives to replace plastic with paper is expected to create opportunities in the market.
Softwood is thin, pure, long, and contains few impurities. Softwood trees are evergreen and their species includes Douglas fir, pine, hemlock, and cedar. Softwood is obtained from gymnosperm trees and do not have pores; however, it relies on tracheid and medullary rays to transport and produce sap and water. This characteristic of softwood gives it a low density.
Softwood chips are recovered resources from the milling of pine trees and unusable timber, which are used for commercial purposes. The chips are used as weed suppressors and water retainers. Moreover, softwood chips are used as mulch and is effective when spread to a depth of 50–100mm.
Softwood logs are obtained from pine, spruce, and fir and has long fiber cells. The viscous nature of softwood logs allows them to be seasoned and dried in short time, making them accessible at low prices. The wood logs are easier and lighter to work with, as compared to hardwood.
Hardwood is obtained from Acacia, Aspen, Birch, Eucalyptus, Maple, Pacific albus, and Rubber trees. Hardwood fiber is short and thick. It has a high density compared to softwood. In paper production, fibers from hardwood provide opacity.
Hardwood chips are traditional wood chips and well-known mulch material, which are used around shrubs and flower beds. The wood chips offer a traditional look and help in temperature control and moisture retention of the soil. These chips are thicker as compared to other mulch options.
Hardwood logs are obtained from beech, birch, and maple trees. These logs offer clean burn with maximum output of heat. Hardwood logs are generally converted into wood pulp to produce paper.
Tall oil is also known as tallol or liquid rosin and is viscid, yellow-black, and odorous. It is acquired as a by-product of wood pulp of the kraft process. The composition of tall oil differs depending on the type of wood used for production. Acid number is a common quality measure for tall oil. Pure pines have acid numbers ranging between 160–165, while mills using a mix of hardwoods and softwoods give acid numbers ranging between 125–135.
Based on regions, the pulpwood market is segregated into North America and Europe. The market in North America is projected to hold a key share of the pulpwood market, owing to rising government initiatives to replace plastic with paper. The market in Europe is anticipated to expand at a significant pace during the forecast period due to increasing number of paper manufacturers and pulpwood plantations in the region. Growing demand for green packaging or eco-friendly packaging solutions and rising use of pulpwood in packaging solutions are projected to drive the demand for pulpwood in Europe.
Some frequently asked quetions about this report!
Additional company profiles can be provided on request.
Yes, the report covers types of Pulpwood such softwood, hardwood, and tall oil.
According to this Growth Market Reports, the market from North America and Europe pulpwood is likely to register a CAGR of 1.5% during forecast period 2020-2027, with an anticipated valuation of USD 16,117.3 million by the end of the 2027.
In addition to market size (in USD Million) and supply volume, demand volume, other data such as volume data, macro-economic factors, COVID-19 Impact on the silicone rubber cable is available in final report.
The market is driven by increasing demand for paper-based material, rising number of paper manufacturers and pulpwood plantations, growing demand for paper packaging, and rising demand for forest products.
Pulp and paper industry is of the end-use industries driving the North America and Europe pulpwood market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to witness significant fall in growth owing to the negative impact of COVID-19 pandemic on the silicone rubber cable market.
The base year considered for the North America and Europe pulpwood market report is 2020. The complete analysis period is 2017 to 2027, wherein, 2018 & 2019 are the historic years and the forecast is provided from 2020 to 2027.
Some of the major manufactures include are Boise Cascade Company, Canfor Corporation, Danzer Holding AG, Hampton Lumber, Interfor Corporation, Roseburg Forest Products, Stora Enso Oyj, Tolko Industries Ltd., UAB SASUPRA, West Fraser Timber Co. Ltd., and Weyerhaeuser Company.
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