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Wood Vinegar Market Research Report

Wood Vinegar Market Research Report- Global

Forecast till 2023

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Wood Vinegar Market Research Report

Market Scenario

Wood vinegar is an organic pesticide, which is non-toxic and bio-degradable in

nature. Wood vinegar helps in reducing odour of the manure, stimulates plant & fruit

growth, enhances soil fertility, reduces weeds, and pests from the plants. Moreover,

wood vinegar improves the crop yield, reinforces the photosynthesis, and increases

the chlorophyll content of the plants.

Based on pyrolysis method, The Global Wood Vinegar Market has been segmented

into slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. The slow pyrolysis

segment is expected to garner the highest revenue share and grow at the highest

rate in the global wood vinegar market owing to the increasing number of

applications. Additionally, slow pyrolysis process produces better quality of wood

vinegar compared to fast and intermediate pyrolysis. The wood vinegar is used in

agriculture, animal feed, and food & beverage industry.

By application, The Global Wood Vinegar Market has been segmented into

agriculture, animal feed, food & beverages, and others. The agriculture segment is

expected to garner the highest revenue share of the global wood vinegar market

owing to the growing agriculture industry worldwide.

The global wood vinegar market is experiencing a significant growth and is expected

to continue to do so during the forecast period owing to the growing preferences for

organic pesticides. The growing government initiatives for utilizing bio-based

products as a substitute to synthetic chemicals is expected to boost the demand of

wood vinegar in the market. Moreover, increasing applications of wood vinegar in

various industries such as agriculture and food & beverages, low manufacturing cost

as compared to synthetic pesticides and growing organic food industry are the factors

expected to boost the demand for wood vinegar in the future.

Key Players

Some of the key players in The Global Wood Vinegar Market are Ace Singapore

Pte Ltd (Singapore), Canada Renewable Bioenergy Corp (Canada), Nettenergy B.V.

(Netherlands), Tagrow Co., Ltd. (China), Byron Biochar (Australia), Red Arrow

International LLC (US), B&G Foods, Inc. (US), Baumer Foods, Inc.(US), VerdiLife,

LLC.(US), and Taiko Pharmaceutical Co.,Ltd. (Japan).

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Wood Vinegar Market Research Report

Regional Analysis

The Global Wood Vinegar Market has been segmented by region, into North America,

Europe, Asia-Pacific, and Rest of the World.

Asia-Pacific is expected to lead The Global Wood Vinegar Market due to growing

preference for organic pesticides in agriculture industry. Owing to this, governments

in Asian countries such as India, China, Australia, New Zealand and Japan are

promoting the organic farming culture.

The Wood Vinegar Market in North America is expected to be the fastest-growing

during the review period owing to the growing demand for bio fertilizers and biopesticides.

Wood vinegar is a bio-fertilizer, which aids to increase soil microbial

weight, improves soil, firmness, and preservation of fruit and to stimulate

development of crops.

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7262

Segmentation

The Global Wood Vinegar Market has further been segmented by pyrolysis method

and application.

By pyrolysis method, The Global Wood Vinegar Market has been classified as slow

pyrolysis, fast pyrolysis, and intermediate pyrolysis.

The global wood vinegar market has also been segregated, based on application, into

agriculture, animal feed, food & beverages and others.

The North American wood vinegar market has further been segmented into the US,

Canada, and Mexico. The European wood vinegar market has been classified as the

UK, Germany, France, Italy, Spain, and the rest of Europe. The wood vinegar market

in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand,

and the rest of Asia-Pacific. The wood vinegar market in the rest of the world has

been segmented into South America, the Middle East, and Africa.

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Wood Vinegar Market Research Report

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