Wood charcoal is a hard porous substance obtained by burning wood in the absence or very limited supply of oxygen. The end result is mostly pure carbon which is known as wood charcoal. The porous nature of wood charcoal allows for it to be used in gas masks, water filters and anti-gastric tablets. It is also used as a decolorizing agent as it can absorb coloring materials. Wood charcoal also finds its application in the cosmetic, restaurant and cleaning industries. It is also finding its application in the medical industry.
The report provides insights into the world wood charcoal market at a global, regional and company level. The report also includes key players active in the wood charcoal industry along with details such as production capacity, revenue, market share in the global market, ex-factory price, etc. Key market trends driving revenue and profits are also covered in the report.
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Key Players of Global Wood Charcoal Market =>
Fire & Flavor
Two Trees Products
Saint Louis Charcoal Company
The Original Charcoal Company
The Charcoal Supply Company
The world wood charcoal market is analyzed on the basis of 3 key segments. These are product, application, and regional segments. These key segments are further split into smaller sub-segments.
Product segment analysis
Regional segment analysis
Application segment analysis
North America has been the largest market for wood charcoal followed by Asia, Africa, & Latin America. The top wood charcoal exporters include countries such as Indonesia, China, Poland, Mexico, and Belgium. Wood charcoal is witnessing huge demand in the cosmetics industry as well. The restaurant industry is also using more wood charcoal to add flavor to various foods. The global wood charcoal demand is poised to rise tremendously over the forecast years 2019-2024.
Wood charcoal burns hotter and longer than standard wood. Charcoal is also easier to transport than normal wood. This allows for easy transportation of wood charcoal. About 80% of household energy requirements in the African continent is fulfilled by wood charcoal. Globalcitizen.org reported stated that global wood charcoal is a huge business opportunity. Activated charcoal, a slightly processed form of wood charcoal, is finding its application as a detoxifying agent. These factors combined will drive the world wood charcoal marker further in future.
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