Wood Vinegar Market Insights and Growth by 2031
Wood vinegar, also referred to as wood acid and pyroligneous acid, is produced by controlled pyrolysis of lignocellulose waste and biomass. It is a light brownish liquid that has a low pH of 3. It is principally composed of water, acetic acid, methanol, and acetone. Wood vinegar can be produced from a variety of biomass, including crops, agricultural residues, wood, sawdust, and hardwood chips. Wood vinegar is chiefly used in the field of agriculture as a fertilizer and pesticide.
MARKET DYNAMICS
The agricultural sector is the major consumer of wood vinegar as it is used as fertilizer to stimulate plant growth, enrich soil fertility, and accelerate seed germination. Wood vinegar is an environmentally friendly fertilizer that involves low cost and is increasingly being used in sustainable farming. It is also used as a pesticide as it has the presence of germicidal constituents such as methanol and phenol, which are highly acidic. The growing demand for natural pesticides has augmented the demand for wood vinegar. Moreover, the growing uses and applications of wood vinegar in animal husbandry as feed supplements for livestock feed for chickens, quails, ostrich, and turkey has spurred the demand for wood vinegar. The rising interest in the consumption and production of wood vinegar in farmers, government organizations, private industries and institutes, and universities is likely to promote the uses of wood vinegar.
MARKET SCOPE
The "Global Wood Vinegar Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wood vinegar market with detailed market segmentation by production method, end use, and geography. The global wood vinegar market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wood vinegar market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global wood vinegar market is segmented on the basis of production method and end use. On the basis of production method, the wood vinegar market is segmented into, rapid pyrolysis, intermediate pyrolysis, and slow pyrolysis. On the basis of end use, the market is bifurcated into, agriculture, food and beverages, animal feed, pharmaceutical , personal care and cosmetic, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global wood vinegar market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wood vinegar market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the wood vinegar market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wood vinegar market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global wood vinegar market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wood vinegar market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the wood vinegar market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wood vinegar market in these regions.
MARKET PLAYERS
The reports cover key developments in the wood vinegar market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wood vinegar market are anticipated to lucrative growth opportunities in the future with the rising demand for wood vinegar in the global market. Below mentioned is the list of few companies engaged in the wood vinegar market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wood vinegar market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ace (Singapore) Pte Ltd.
- Byron Biochar
- Canada Renewable Bioenergy Corp.
- Dongying Runyi Biotechnology Co. Ltd.
- Frutarom Industries Ltd
- Kerry Group PLC
- Merck KGaA
- Nakashima Trading Co.Ltd
- Nettenergy B.V.
- Wood Vinegar Australia
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wood Vinegar Market - By Production Method
1.3.2 Wood Vinegar Market - By End Use
1.3.3 Wood Vinegar Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WOOD VINEGAR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. WOOD VINEGAR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. WOOD VINEGAR MARKET - GLOBAL MARKET ANALYSIS
6.1. WOOD VINEGAR - GLOBAL MARKET OVERVIEW
6.2. WOOD VINEGAR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WOOD VINEGAR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCTION METHOD
7.1. OVERVIEW
7.2. PRODUCTION METHOD MARKET FORECASTS AND ANALYSIS
7.3. RAPID PYROLYSIS
7.3.1. Overview
7.3.2. Rapid Pyrolysis Market Forecast and Analysis
7.4. INTERMEDIATE PYROLYSIS
7.4.1. Overview
7.4.2. Intermediate Pyrolysis Market Forecast and Analysis
7.5. SLOW PYROLYSIS
7.5.1. Overview
7.5.2. Slow Pyrolysis Market Forecast and Analysis
8. WOOD VINEGAR MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. AGRICULTURE
8.3.1. Overview
8.3.2. Agriculture Market Forecast and Analysis
8.4. FOOD AND BEVERAGES
8.4.1. Overview
8.4.2. Food and Beverages Market Forecast and Analysis
8.5. ANIMAL FEED
8.5.1. Overview
8.5.2. Animal Feed Market Forecast and Analysis
8.6. PHARMACEUTICAL
8.6.1. Overview
8.6.2. Pharmaceutical Market Forecast and Analysis
8.7. PERSONAL CARE AND COSMETIC
8.7.1. Overview
8.7.2. Personal Care and Cosmetic Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. WOOD VINEGAR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Wood Vinegar Market Overview
9.1.2 North America Wood Vinegar Market Forecasts and Analysis
9.1.3 North America Wood Vinegar Market Forecasts and Analysis - By Production Method
9.1.4 North America Wood Vinegar Market Forecasts and Analysis - By End Use
9.1.5 North America Wood Vinegar Market Forecasts and Analysis - By Countries
9.1.5.1 United States Wood Vinegar Market
9.1.5.1.1 United States Wood Vinegar Market by Production Method
9.1.5.1.2 United States Wood Vinegar Market by End Use
9.1.5.2 Canada Wood Vinegar Market
9.1.5.2.1 Canada Wood Vinegar Market by Production Method
9.1.5.2.2 Canada Wood Vinegar Market by End Use
9.1.5.3 Mexico Wood Vinegar Market
9.1.5.3.1 Mexico Wood Vinegar Market by Production Method
9.1.5.3.2 Mexico Wood Vinegar Market by End Use
9.2. EUROPE
9.2.1 Europe Wood Vinegar Market Overview
9.2.2 Europe Wood Vinegar Market Forecasts and Analysis
9.2.3 Europe Wood Vinegar Market Forecasts and Analysis - By Production Method
9.2.4 Europe Wood Vinegar Market Forecasts and Analysis - By End Use
9.2.5 Europe Wood Vinegar Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Wood Vinegar Market
9.2.5.1.1 Germany Wood Vinegar Market by Production Method
9.2.5.1.2 Germany Wood Vinegar Market by End Use
9.2.5.2 France Wood Vinegar Market
9.2.5.2.1 France Wood Vinegar Market by Production Method
9.2.5.2.2 France Wood Vinegar Market by End Use
9.2.5.3 Italy Wood Vinegar Market
9.2.5.3.1 Italy Wood Vinegar Market by Production Method
9.2.5.3.2 Italy Wood Vinegar Market by End Use
9.2.5.4 United Kingdom Wood Vinegar Market
9.2.5.4.1 United Kingdom Wood Vinegar Market by Production Method
9.2.5.4.2 United Kingdom Wood Vinegar Market by End Use
9.2.5.5 Russia Wood Vinegar Market
9.2.5.5.1 Russia Wood Vinegar Market by Production Method
9.2.5.5.2 Russia Wood Vinegar Market by End Use
9.2.5.6 Rest of Europe Wood Vinegar Market
9.2.5.6.1 Rest of Europe Wood Vinegar Market by Production Method
9.2.5.6.2 Rest of Europe Wood Vinegar Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Wood Vinegar Market Overview
9.3.2 Asia-Pacific Wood Vinegar Market Forecasts and Analysis
9.3.3 Asia-Pacific Wood Vinegar Market Forecasts and Analysis - By Production Method
9.3.4 Asia-Pacific Wood Vinegar Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Wood Vinegar Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Wood Vinegar Market
9.3.5.1.1 Australia Wood Vinegar Market by Production Method
9.3.5.1.2 Australia Wood Vinegar Market by End Use
9.3.5.2 China Wood Vinegar Market
9.3.5.2.1 China Wood Vinegar Market by Production Method
9.3.5.2.2 China Wood Vinegar Market by End Use
9.3.5.3 India Wood Vinegar Market
9.3.5.3.1 India Wood Vinegar Market by Production Method
9.3.5.3.2 India Wood Vinegar Market by End Use
9.3.5.4 Japan Wood Vinegar Market
9.3.5.4.1 Japan Wood Vinegar Market by Production Method
9.3.5.4.2 Japan Wood Vinegar Market by End Use
9.3.5.5 South Korea Wood Vinegar Market
9.3.5.5.1 South Korea Wood Vinegar Market by Production Method
9.3.5.5.2 South Korea Wood Vinegar Market by End Use
9.3.5.6 Rest of Asia-Pacific Wood Vinegar Market
9.3.5.6.1 Rest of Asia-Pacific Wood Vinegar Market by Production Method
9.3.5.6.2 Rest of Asia-Pacific Wood Vinegar Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Wood Vinegar Market Overview
9.4.2 Middle East and Africa Wood Vinegar Market Forecasts and Analysis
9.4.3 Middle East and Africa Wood Vinegar Market Forecasts and Analysis - By Production Method
9.4.4 Middle East and Africa Wood Vinegar Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Wood Vinegar Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Wood Vinegar Market
9.4.5.1.1 South Africa Wood Vinegar Market by Production Method
9.4.5.1.2 South Africa Wood Vinegar Market by End Use
9.4.5.2 Saudi Arabia Wood Vinegar Market
9.4.5.2.1 Saudi Arabia Wood Vinegar Market by Production Method
9.4.5.2.2 Saudi Arabia Wood Vinegar Market by End Use
9.4.5.3 U.A.E Wood Vinegar Market
9.4.5.3.1 U.A.E Wood Vinegar Market by Production Method
9.4.5.3.2 U.A.E Wood Vinegar Market by End Use
9.4.5.4 Rest of Middle East and Africa Wood Vinegar Market
9.4.5.4.1 Rest of Middle East and Africa Wood Vinegar Market by Production Method
9.4.5.4.2 Rest of Middle East and Africa Wood Vinegar Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Wood Vinegar Market Overview
9.5.2 South and Central America Wood Vinegar Market Forecasts and Analysis
9.5.3 South and Central America Wood Vinegar Market Forecasts and Analysis - By Production Method
9.5.4 South and Central America Wood Vinegar Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Wood Vinegar Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Wood Vinegar Market
9.5.5.1.1 Brazil Wood Vinegar Market by Production Method
9.5.5.1.2 Brazil Wood Vinegar Market by End Use
9.5.5.2 Argentina Wood Vinegar Market
9.5.5.2.1 Argentina Wood Vinegar Market by Production Method
9.5.5.2.2 Argentina Wood Vinegar Market by End Use
9.5.5.3 Rest of South and Central America Wood Vinegar Market
9.5.5.3.1 Rest of South and Central America Wood Vinegar Market by Production Method
9.5.5.3.2 Rest of South and Central America Wood Vinegar Market by End Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WOOD VINEGAR MARKET, KEY COMPANY PROFILES
11.1. ACE (SINGAPORE) PTE LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BYRON BIOCHAR
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CANADA RENEWABLE BIOENERGY CORP.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DONGYING RUNYI BIOTECHNOLOGY CO. LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FRUTAROM INDUSTRIES LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KERRY GROUP PLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MERCK KGAA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NAKASHIMA TRADING CO.LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NETTENERGY B.V.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WOOD VINEGAR AUSTRALIA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Ace (Singapore) Pte Ltd.
2.Byron Biochar
3.Canada Renewable Bioenergy Corp.
4.Dongying Runyi Biotechnology Co. Ltd.
5.Frutarom Industries Ltd
6.Kerry Group PLC
7.Merck KGaA
8.Nakashima Trading Co.Ltd
9.Nettenergy B.V.
10.Wood Vinegar Australia
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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