Chemicals Industry Today

The Global Charcoal market is forecasted to grow at a CAGR of 11.3% during the period 2018-2023

Charcoal is a woodfuel consumed in cities and towns. Some of the factors influencing the choice of using charcoal instead of firewood in urban areas include: Charcoal has a higher calorific value per unit weight that firewood, it is, therefore, more economical to transport charcoal over longer distances as compared to firewood; Storage of charcoal takes less room as compared to firewood; Charcoal is not liable to deterioration by insects and fungi which attack firewood; Charcoal is almost smokeless and sulphur – free, as such it is ideal fuel for towns and cities.
Published 04 July 2018
Charcoal Market 2018 By Manufacturers, Regions, Type, And Application, Forecast To 2023

Charcoal Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis of Charcoal Market. Charcoal is a woodfuel consumed in cities and towns. Some of the factors influencing the choice of using charcoal instead of firewood in urban areas include: Charcoal has a higher calorific value per unit weight that firewood, it is, therefore, more economical to transport charcoal over longer distances as compared to firewood; Storage of charcoal takes less room as compared to firewood; Charcoal is not liable to deterioration by insects and fungi which attack firewood; Charcoal is almost smokeless and sulphur – free, as such it is ideal fuel for towns and cities.

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Key players
Leading players in Charcoal Market are:
Plantar Group, Carvão São Manoel, Gryfskand, Blackwood Charcoal, Matsuri International, Paraguay Charcoal, Jumbo Charcoal, VIET GLOBAL IMEX, Sagar Charcoal Depot, Namco CC, Ignite Products, Carbon Roots International, Sichuan Shuangli Yonghui Tanye, BRICAPAR SAE, Clorox, Oxford Charcoal Company

Market Scenario:

In 2016, the global Charcoal market is led by Africa, capturing about 64.36% of global Charcoal production. Americas is the second-largest region-wise market with 21.26% global production share. At present, the major manufacturers of Charcoal are concentrated in Brazil. Brazil is the world leader, holding about 12% production market share in 2016. In application, Charcoal downstream is wide and recently Charcoal has acquired increasing significance in various fields of metallurgical industry and others. Globally, the Charcoal market is mainly driven by growing demand for a metallurgical industry which accounts for nearly 53.66% of total downstream consumption of Charcoal in global in 2016.

In price, the price of Charcoal is volatile. The price of Charcoal increased year by year. The fast-growing cost in the environment and policy restriction is the main reason for the rising price. In the future, the global market is expected to witness significant growth on account of rising applications, so in the next few years, Charcoal production will show a trend of steady growth. Over the next five years, LPI(LP Information) projects that Charcoal will register an 11.3% CAGR in terms of revenue, reach US$ 24600 million by 2023, from US$ 13000 million in 2017.

Charcoal Market Segmentation
The Charcoal market is segmented based on Application & product type. Segmentation by product type: Charcoal Briquette, Hardwood Charcoal, Others, Segmentation by application: Metallurgical Industry, Industrial Field, Cooking Fuel, Others

Regional analysis
Based on geographies Charcoal market has been analyzed as:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

The main points which are answered and covered in this Report are-
  1. What will be the total Charcoal market size in the coming years till 2021?
  2. What will be the key factors which will be overall affecting the industry?
  3. What are the various challenges addressed?
  4. Which are the major companies included?
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About Us:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the Charcoal market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Contact Us:
Mr. Kevin Thomas
Direct:
+1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com
 

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