Reports

Wood Vinegar Market

Global Wood Vinegar Market: By Pyrolysis Method: Slow Pyrolysis, Fast Pyrolysis, Intermediate Pyrolysis; By Application: Agriculture, Animal Feed, Food, Medicinal, and Consumer Products, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Wood Vinegar Market Outlook

The global wood vinegar market attained a value of USD 35.67 million in 2022. The market is further assessed to grow at a CAGR of 6.6% during 2023-2028 to reach a value of USD 52.20 million by 2028.

 

The Agriculture Segment to Account for a Substantial Market Share of the Wood Vinegar Industry

The agriculture segment is projected to account for a substantial share of the global wood vinegar industry owing to the increased yield, quality, and nutrition level of crops because of wood vinegar. Furthermore, wood vinegar is an effective pesticide and fertiliser that enhances soil quality and helps in pest elimination. It is also frequently used to improve the quantity of fruits grown in orchards, which, in turn, is leading to an increased demand for wood vinegar in the agriculture industry. Additionally, wood vinegar promotes cell growth in crops by stimulating the growth of various enzymes and microorganisms that help in nutrient absorption and assist plants in developing stronger roots. It can also increase the overall efficacy of agricultural chemicals when mixed with them. These factors are projected to significantly contribute to the wood vinegar industry growth.

 

Wood Vinegar Market

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The Asia Pacific to Provide Significant Growth Opportunities to The Wood Vinegar Industry

Geographically, the Asia Pacific accounts for a significant share in the wood vinegar industry owing to the long tradition of the use of slow pyrolysis techniques by countries like Japan, Malaysia, and China and the presence of prominent players within the region. Furthermore, the Asia Pacific is expected to witness a robust growth in the forecast period due to the utilisation of organic fertilisers instead of synthetic chemicals by small-scale farmers, government support, and shifting dietary trends.

 

Wood Vinegar: Market Segmentation

Wood vinegar, also known as liquid smoke or pyroligneous acid, is a dark liquid produced naturally during the act of carbonisation, which occurs when a biomass is heated in an airless container during the production of charcoal. The exhaust smoke from the production of charcoal condenses into liquid, and this condensate then further separates into tar, vinegar, and bio-oil. Furthermore, there are over 200 constituents in wood vinegar, including acetic acid, methanol, phenol, ester, acetals, ketone, and formic acid, among many others. Instead of a particular constituent's specific effectiveness, many constituents operate synergistically in the case of wood vinegar. Thus, they serve as an efficient alternative to synthetic chemicals, offering improved reliability and environmental benefits.

By pyrolysis method, the market is divided into:

  • Slow Pyrolysis
  • Fast Pyrolysis 
  • Intermediate Pyrolysis

Based on application, the industry can be segmented into:

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

 

Wood Vinegar Market By Segments

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The regional markets for the product include North America, Europe, Asia Pacific, and LAMEA.

 

Increasing Focus on Organic Farming to Bolster the Growth of the Wood Vinegar Industry

The global wood vinegar industry is being driven by the increasing focus on organic farming across the globe. The rising environmental concern and the increasing global demand for organic products are supporting the growth of the industry. Additionally, organic farming provides economic motive to rural and small-scale farmers because sustainable agricultural practices can significantly increase the yield and revenue from their available farm size and conditions. Furthermore, many governments around the world are pioneering the organic farming movement at the national, regional, and local levels because of the economic benefits offered to farmers. Hence, the adoption of organic farming is expected to significantly contribute to the wood vinegar industry growth.

 

wood vinegar market by region

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Key Industry Players in the Global Wood Vinegar Market

The report gives a detailed analysis of the following key players in the global wood vinegar market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Ace (Singapore) Pte Ltd
  • Tagrow Co., Ltd.
  • Sane Shell Carbon Private Limited
  • Nettenergy B.V.
  • New Life Agro
  • Applied Gaia Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Pyrolysis Method, Application, Region
Breakup by Pyrolysis Method Slow Pyrolysis, Fast Pyrolysis, Intermediate Pyrolysis
Breakup by Application Agriculture, Animal Feed, Food, Medicinal, and Consumer Products, Others
Breakup by Region North America, Europe, Asia Pacific, LAMEA
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered

Ace (Singapore) Pte Ltd, Tagrow Co., Ltd., Sane Shell Carbon Private Limited, Nettenergy B.V., New Life Agro, Applied Gaia Corporation, Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Wood Vinegar Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Wood Vinegar Historical Market (2018-2022) 
    8.3    Global Wood Vinegar Market Forecast (2023-2028)
    8.4    Global Wood Vinegar Market by Pyrolysis Method
        8.4.1    Slow Pyrolysis
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Fast Pyrolysis
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Intermediate Pyrolysis
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
    8.5    Global Wood Vinegar Market by Application
        8.5.1    Agriculture          
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Animal Feed  
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Food, Medicinal, and Consumer Products 
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Others    
    8.6    Global Wood Vinegar Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Wood Vinegar Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Wood Vinegar Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Wood Vinegar Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    ASEAN
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    Australia
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Others
12    LAMEA Wood Vinegar Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Chile
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Others
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Value Chain Analysis
15    Price Analysis
    15.1    North America Historical Price Trends and Forecast (2018-2028) 
    15.1    Europe Historical Price Trends and Forecast (2018-2028) 
    15.2    Asia Pacific Historical Price Trends and Forecast (2018-2028) 
    15.2    LAMEA Historical Price Trends and Forecast (2018-2028) 
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Ace (Singapore) Pte Ltd
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Tagrow Co., Ltd.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Sane Shell Carbon Private Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4   Nettenergy B.V.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    New Life Agro
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Applied Gaia Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7     Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Wood Vinegar Market: Key Industry Highlights, 2018 and 2028
2.    Global Wood Vinegar Historical Market: Breakup by Pyrolysis Method (USD Million), 2018-2022
3.    Global Wood Vinegar Market Forecast: Breakup by Pyrolysis Method (USD Million), 2023-2028
4.    Global Wood Vinegar Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Wood Vinegar Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Wood Vinegar Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Wood Vinegar Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Wood Vinegar Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Wood Vinegar Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Wood Vinegar Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Wood Vinegar Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Wood Vinegar Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Wood Vinegar Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Wood Vinegar Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Wood Vinegar Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Wood Vinegar Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Wood Vinegar Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Wood Vinegar Market Structure

Key Questions Answered in the Report

What was the global wood vinegar market size in 2022?

In 2022, the global wood vinegar market attained a value of nearly USD 35.67 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 6.6% between 2023 and 2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 52.20 million by 2028.

What are the major market drivers?

The major drivers of the market, such as the increased yield, enhanced quality and nutrition levels of crops, effective pest elimination, nutrient absorption, synergy with agricultural chemicals, government support, and shifting dietary trends, are expected to aid the market growth.

What are the key market trends of the global wood vinegar market?

The key market trends guiding the growth of the market include the increasing focus and adoption of organic farming all over the world.

What are the major regional markets of wood vinegar, according to the EMR report?

The major regions in the industry are North America, Europe, Asia Pacific and LAMEA.

What are the different pyrolysis methods considered within the market report?

Slow pyrolysis, fast pyrolysis, and intermediate pyrolysis are the different pyrolysis methods considered within the market report.

What are the major applications of wood vinegar in the market?

The major applications of wood vinegar include agriculture, animal feed, and food, medicinal and consumer products, among others.

Who are the key market players, according to the report?

The major players in the market are Ace (Singapore) Pte Ltd, Tagrow Co., Ltd., Sane Shell Carbon Private Limited, Nettenergy B.V., New Life Agro, Applied Gaia Corporation, among others.

Analyst Review

The global wood vinegar market attained a value of USD 35.67 million in 2022. The market is further assessed to grow at a CAGR of 6.6% during 2023-2028 to reach a value of USD 52.20 million by 2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By pyrolysis method, the global wood vinegar industry is divided into to slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. Based on application, the industry can be segmented into agriculture, animal feed, and food, medicinal and consumer products, and others. The major regional markets for wood vinegar are North America, Europe, Asia Pacific, and LAMEA. The key players in the above market include Ace (Singapore) Pte Ltd, Tagrow Co., Ltd., Sane Shell Carbon Private Limited, Nettenergy B.V., New Life Agro, Applied Gaia Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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