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Wood Vinegar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global wood vinegar market reached a value of US$ 4.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.39 Billion by 2027, exhibiting a CAGR of 6.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Wood vinegar, also known as pyroligneous acid, is a dark liquid obtained through the destructive distillation of wood and other plant materials, which involves the combustion of fresh wood in an airless environment. It assists in improving the germination of seeds, speeding up the composting process, stimulating growth in vegetables, increasing the fertility of the soil, boosting plant resistance to diseases, enhancing the root system of plants, and preventing bacterial infections among crops. As a result, it finds extensive applications in agriculture, food and beverages (F&B), pharmaceuticals, personal care and cosmetics industries worldwide.

Wood Vinegar Market Trends:

The growing utilization of wood vinegar in adding a distinct flavor to processed food products, such as meat and seafood, currently represents one of the key factors driving the market. Moreover, the rising applications of acetic acid as acidulants, in confluence with the burgeoning food and beverage (F&B) industry, is catalyzing the demand for wood vinegar. In addition, key market players are relying on different wood variants for product differentiation. They are also financing promotional campaigns to generate brand awareness among the targeted audience. This, along with the introduction of effective and more efficient pyrolysis technologies to improve overall yield, is propelling the growth of the market. Besides this, there is a rise in the demand for organic food products among individuals around the world. This, coupled with the growing employment of wood vinegar as a fertilizer in the agriculture industry to improve the production of crops, is positively influencing the market. Apart from this, stringent regulations implemented by governments of several countries to reduce the use of pesticides and chemical fertilizers are offering lucrative growth opportunities to industry investors.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wood vinegar market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application and pyrolysis method.

Breakup by Application:

  • Agriculture
  • Animal Feed
  • Food, Medicinal and Consumer Products
  • Others
     

Breakup by Pyrolysis Method:

  • Slow Pyrolysis
  • Fast Pyrolysis
  • Intermediate Pyrolysis
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ace (Singapore) Pte Ltd, Applied Gaia Corporation, Byron Biochar, Doi & Co. Ltd., Nettenergy B.V., New Life Wood Vinegar, Sane Shell Carbon Private Limited, Tagrow Co. Ltd., Taiko Pharmaceutical Co. Ltd. and VerdiLife.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Application, Pyrolysis Method, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ace (Singapore) Pte Ltd, Applied Gaia Corporation, Byron Biochar, Doi & Co. Ltd., Nettenergy B.V., New Life Wood Vinegar, Sane Shell Carbon Private Limited, Tagrow Co. Ltd., Taiko Pharmaceutical Co. Ltd. and VerdiLife.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global wood vinegar market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global wood vinegar market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the pyrolysis method?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global wood vinegar market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Wood Vinegar Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Application
    6.1    Agriculture
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Animal Feed
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Food, Medicinal and Consumer Products
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Pyrolysis Method
    7.1    Slow Pyrolysis
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Fast Pyrolysis
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Intermediate Pyrolysis
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Ace (Singapore) Pte Ltd
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Applied Gaia Corporation
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Byron Biochar
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Doi & Co. Ltd.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Nettenergy B.V.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    New Life Wood Vinegar
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Sane Shell Carbon Private Limited
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Tagrow Co. Ltd.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Taiko Pharmaceutical Co. Ltd.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
        13.3.10    VerdiLife
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Wood Vinegar Market: Major Drivers and Challenges
Figure 2: Global: Wood Vinegar Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wood Vinegar Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wood Vinegar Market: Breakup by Application (in %), 2021
Figure 5: Global: Wood Vinegar Market: Breakup by Pyrolysis Method (in %), 2021
Figure 6: Global: Wood Vinegar Market: Breakup by Region (in %), 2021
Figure 7: Global: Wood Vinegar (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Wood Vinegar (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Wood Vinegar (Animal Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Wood Vinegar (Animal Feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Wood Vinegar (Food, Medicinal and Consumer Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Wood Vinegar (Food, Medicinal and Consumer Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Wood Vinegar (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Wood Vinegar (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Wood Vinegar (Slow Pyrolysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Wood Vinegar (Slow Pyrolysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Wood Vinegar (Fast Pyrolysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Wood Vinegar (Fast Pyrolysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Wood Vinegar (Intermediate Pyrolysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Wood Vinegar (Intermediate Pyrolysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Wood Vinegar Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Wood Vinegar Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Wood Vinegar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Wood Vinegar Industry: SWOT Analysis
Figure 71: Global: Wood Vinegar Industry: Value Chain Analysis
Figure 72: Global: Wood Vinegar Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Wood Vinegar Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wood Vinegar Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 3: Global: Wood Vinegar Market Forecast: Breakup by Pyrolysis Method (in Million US$), 2022-2027
Table 4: Global: Wood Vinegar Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Wood Vinegar Market: Competitive Structure
Table 6: Global: Wood Vinegar Market: Key Players


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