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The global charcoal market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4.20%.
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The growing demand for industrial wastewater treatment and the extensive use of activated carbon are expected to drive the charcoal market growth. Europe, along with the Middle East and Africa, accounted for the highest market share in 2020. Kenya was a significant charcoal market in the Middle East and Africa.
In the absence of oxygen, charcoal is heated to high temperatures with steam to generate a activated carbon.
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The charcoal market can be broadly categorised based on its end-use segments into:
The EMR report looks into the regional charcoal markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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A significant factor driving the charcoal market growth for charcoal is the increased demand for industrial waste treatment. The increasing popularity of barbecues will be an essential factor in fuelling the charcoal demand from household end-users. The growing use of charcoal for heating and cooking purposes will fuel the growth of Europe and the Middle East and Africa charcoal market.
The report presents a detailed analysis of the following key players in the global charcoal market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the charcoal market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global charcoal market is projected to grow at a CAGR of 4.20% between 2023 and 2032.
The major drivers expected to aid market are the growing demand for industrial wastewater treatment, extensive use of activated carbon in various applications, and the increased popularity and consumption of barbecue cooked food.
The key trends guiding the growth of the charcoal market include the increased initiatives by various governments towards industrial wastewater treatment and rapid technological advancements coupled with the growing use of activated carbon in the cosmetics industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant end uses in the market include households and metallurgical industry, among others.
The major players in the market are Namchar (Pty) Ltd., Mesjaya Abadi Sdn Bhd, Royal Oak Enterprises, LLC, Kingsford Products Company, The Saint Louis Charcoal Company, LLC, and Gryfskand sp. Z o.o., among others.
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