Wood Vinegar Market Analysis, Development and Demand by P&S Market Research

GLOBAL INDUSTRY INSIGHT:
Wood Vinegar Market Trends, Size, Share, Development and Demand
Forecast to 2023

Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
The global wood vinegar market was valued at $3.2 million in 2015, and it is expected to grow at a
CAGR of 7.1% during 2016-2023. The factors driving the growth of the global market include
improved crop yield, increasing base of end-use industries, increased government initiatives for
bio-based products, and stringent environmental regulations. The key trend witnessed in the global
market is poverty alleviation. Wood vinegar can be produced at either small scale or large scale in
villages, utilizing local resources and feedstock. Wood vinegar production is helping to reduce
poverty in several developing or underdeveloped countries. The global wood vinegar market is at
its nascent form. Currently, very few players across the globe are involved in large scale production
of wood vinegar. However, the distinct governments and organizations in several countries across
the globe are framing regulations for bio-based economy and promoting bio-based products, which
are supporting the growth of biochar production and biorefineries. As wood vinegar is a byproduct
of char or biochar production, the government initiatives indirectly creates abundant opportunities
for the growth of the wood vinegar market globally.
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Based on application, the agriculture segment dominated the global wood vinegar market during
2013-2015 in terms of value and volume, and it is expected to retain its dominance throughout the
forecast period. The growth of agriculture application segment in the market is primarily driven by
several advantages offered by wood vinegar in agricultural practices, such as root growth
stimulation, improved seed germination, increased disease resistance in plants, and soil
enrichment.
In 2015, Asia-Pacific held the largest share in the global wood vinegar market. The major reasons
behind the growth of the market in the region are the large base of end-use industries and
presence of a large number of local manufacturers in the region.
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The information and data in the publication “Global Wood Vinegar Market Size, Share,
Development, Growth and Demand Forecast to 2023”, represents the research and analysis
of data from various primary and secondary sources. An amalgamation of bottom-up and top-down
approach has been used to calculate the market size. P&S Market Research analysts and
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Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
consultants interacted with leading companies of the concerned domain to substantiate every value
of data presented in this report. The company bases its primary research on discussions with
prominent professionals and analysts in the industry, which is followed by informed and detailed,
online and offline research.
Among the various manufacturing processes, the slow pyrolysis manufacturing was the prominent
process in the global wood vinegar market, during 2013-2015, in terms of value and volume of
wood vinegar produced; also expected to retain its dominance throughout the forecast period.
Some of the major players operating in the global wood vinegar market are Ace (Singapore) Pte
Ltd., TAGROW CO. LTD., Byron Biochar, Canada Renewable Bioenergy Corporation, NAKASHIMA
TRADING CO. LTD., Nettenergy B.V., and Taiko Pharmaceutical Co. Ltd.
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Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2 Research Scope
1.2.1 Market breakdown by manufacturing process
1.2.2 Market breakdown by application
1.2.3 Market breakdown by region
1.3 Research Methodology and Sources
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.1.1 Value chain analysis
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Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
3.2 Trends in the Global Wood Vinegar Market
3.2.1 Poverty alleviation
3.2.2 Technological advancement
3.3 Opportunities in the Global Wood Vinegar Market
3.3.1 Massive unexplored wood vinegar market across the globe
3.3.2 Land constraint and degrading soil quality
3.4 Factors Driving the Growth of Wood Vinegar Market and its Impact on Market Forecast
3.4.1 Improved crop yield
3.4.2 Increasing base of end-user industries
3.4.3 Increased government initiatives for bio-based products and stringent environment regulations
3.4.4 Natural carbon sequestration by biochar
3.4.5 Waste management potential
3.4.6 Impact analysis of drivers on market forecast
3.5 Factors Hindering the Growth of Market and its Impact on Market Forecast
3.5.1 Lack of awareness and labor barriers
3.5.2 Drawbacks associated with the usage of wood vinegar
3.5.3 Impact analysis of restraints on market forecast
Chapter 4. Global Wood Vinegar Market Size and Forecast (2013 – 2023)
4.1 Global Wood Vinegar Market, by Manufacturing Process
4.1.1 Fast and intermediate pyrolysis
4.1.2 Slow pyrolysis
4.1.3 Others
4.2 Global Wood Vinegar Market, by Application
4.2.1 Food
4.2.2 Agriculture
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Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
4.2.3 Waste water treatment
4.2.4 Animal husbandry
4.2.5 Wood tar
4.2.6 Others
4.3 Global Wood Vinegar Market, by Region
Chapter 5. Global Wood Vinegar Market, by Geography
5.1 North America Wood Vinegar Market
5.1.1 North America wood vinegar market, by manufacturing process
5.1.2 North America wood vinegar market, by application
5.2 Europe Wood Vinegar Market
5.2.1 Europe wood vinegar market, by manufacturing process
5.2.2 Europe wood vinegar market, by application
5.3 Asia-Pacific Wood Vinegar Market
5.3.1 Asia-Pacific wood vinegar market, by manufacturing process
5.3.2 Asia-Pacific wood vinegar market, by application
5.4 Rest of the World Wood Vinegar Market
5.4.1 Rest of the World wood vinegar market, by manufacturing process
5.4.2 Rest of the World wood vinegar market, by application
Chapter 6. Economic Analysis of Wood Vinegar Market
6.1 Introduction
6.2 Investment
6.3 Expense and Revenue Analysis
6.4 Conclusion
Chapter 7. Competitive Positioning Analysis
7.1 Porter's Five Forces of Competitive Position Analysis
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Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
7.1.1 Bargaining power of buyers
7.1.2 Bargaining power of suppliers
7.1.3 Threat of new entrants
7.1.4 Intensity of rivalry
7.1.5 Threat of substitutes
7.2 Competitive Positioning of the Global Wood Vinegar Market, by Application (2015)
Chapter 8. Company Profiles and Strategic Developments
8.1 Key Company Profiles
8.1.1 Ace (Singapore) Pte Ltd
8.1.1.1 Business overview
8.1.1.2 Product and service offerings
8.1.2 TAGROW CO. LTD.
8.1.2.1 Business overview
8.1.2.2 Product and service offerings
8.1.3 Canada Renewable Bioenergy Corporation
8.1.3.1 Business overview
8.1.3.2 Product and service offerings
8.1.4 NAKASHIMA TRADING CO., LTD.
8.1.4.1 Business overview
8.1.4.2 Product and service offerings
8.1.5 Byron Biochar
8.1.5.1 Business overview
8.1.5.2 Product and service offerings
8.1.6 Taiko Pharmaceutical Co., Ltd.
8.1.6.1 Business overview
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Global Wood Vinegar Market to Witness 7.1% CAGR During 2016 – 2023
8.1.6.2 Product and service offerings
8.1.7 Nettenergy B.V.
8.1.7.1 Business overview
8.1.7.2 Product and service offerings
8.2 Strategic Developments in the Global Wood Vinegar Market
Chapter 9. Appendix
9.1 List of Abbreviations
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