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Wood Vinegar Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026

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Global Wood Vinegar Market: Overview

Wood vinegar is a pyroligneous acid and one of the product produced through pyrolysis, a chemical decomposition method. The organic materials such as sawdust, weeds, dry leaves and other forestry waste are decomposed at high temperature and pressure resulting in formation of wood vinegar. Wood vinegar is purely organic and widely used as fertilizer and pesticide in agriculture sector. Some of the benefits which farmers received on adoption of wood vinegar are uniform size of vegetables, increased yield, and sturdy stems with increase in the height of the crops. Most significantly on adoption of wood vinegar, it improves the soil quality which is a highly considerable factor which boosts the global wood vinegar market. Currently agriculture is the major application segment which holds substantial share in the global wood vinegar market. Other application of wood vinegar includes animal feed supplement, human application and general application. Wood vinegar is increasingly used in animal feed, for instance use of wood vinegar in poultry helps in reducing the diseases in chickens, increase in egg production and also enhancing the taste. For human use, wood vinegar is favourable in curing both internal and external problems such as insect bites, dental infections, ear infections, snake bites etc. The global wood vinegar market is expected to grow at significantly high CAGR during the forecast period.

Global Wood Vinegar Market: Drivers and Restraints

Wood vinegar is purely organic which provides more advantage over chemical fertilizers and pesticides since they are highly responsible in disrupting the food chain. This is the prime factor driving the global wood vinegar market. The ease of use, improving soil quality and its effects staying for longer duration on plants further drives the global wood vinegar market. The increase in the poultry industry has also effect on wood vinegar market as it provides both quality and quantity to poultry growers. Some of the factors in animal feed application driving the global wood vinegar market are improvement in meat quality, enhanced fertility rate and increase in milk production.

Global Wood Vinegar Market:  Segmentation  

On the basis of application, wood vinegar market is segmented into:-

  • Agriculture
    • Soil enrichment
    • Fertilizer & Pesticide
    • Seed Germination
  • Animal
  • Human Use
  • General (includes use in Pharmacy, cosmetics etc.)

On the basis of pyrolysis method, wood vinegar market is segmented into:-

  • Slow
  • Fast
  • Intermediate

On the basis of end use industry method, wood vinegar market is segmented into:-

  • Agriculture
  • Pharmacy
  • Poultry
  • Others

Global Wood Vinegar Market:  Region wise Outlook

The global wood vinegar market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global wood vinegar market in terms of consumption. This is attributed by growing concern towards adoption of organic based food and also wood vinegar is widely produced locally in APEJ region. Followed by APEJ is North America and Europe and are expected to grow relatively at a higher CAGR during the forecast period since the use chemical fertilizer are disrupting the food chains. The global wood vinegar market in Japan is well established and expected to grow at average CAGR over the forecast period. MEA and Latin America are expected to expand at sluggish growth rate due to political and economic turmoil in the region.

Global Wood Vinegar Market:  Key Players

Some of the key players identified in the global wood vinegar market includes:

  • Nettenergy BV
  • ACE (Singapore) Pte Ltd
  • Canada Renewable Bioenergy Corp.
  • Byron Biochar
  • VerdiLife LLC
  • Taiko Pharmaceutical Co. Ltd.
  • Fuqin Science & Technology Co., Ltd

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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