Wood Vinegar Industry Market by Type (Wood Destructive Distillation, Chemical Synthesis), Application (Agriculture, Food Processing, Healthcare), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Mar, 2020
  • Report ID: 417840
  • Category: Food
  • Pages: 239
$4,700

The global wood vinegar industry market is expected to grow from USD 5.26 Million in 2019 to USD 7.35 Million by 2027, at a CAGR of 4.27% during the forecast period 2020-2027.

Wood Vinegar, which is also known as pyroligneous acid or wood acid, is a liquid substance produced in a controlled manner of pyrolysis of biomass. There are many kinds of biomass types, which include wood, crops, agricultural residues, hardwood chips, etc. that are used to produce wood vinegar. The most common is hardwood chips and sawdust. Wood vinegar is a natural, biological product which can be used in a variety of segments such as agriculture and organic farming. This can act as an excellent pesticide and fertilizer, which will improve the quality of the soil, helps in pest control, and help in the growth of the plant by accelerating its growth. They are also used in increasing the number of fruits in the orchards. This is also used for the reduction of odors in produced manures. Wood vinegar is also used as feed supplements in poultry. The salmonella bacteria gets eliminated by this, which is responsible for gastrointestinal diseases in chicken. They are also used for poultry and other livestock like sheep, cattle, etc. Its ability to control odors, which otherwise caused bacteria on the animal, would result in healthier livestock and increasing yield. Wood Vinegar is also be used as a supplement for livestock feed. The increasing trend of organic farming is driving the wood vinegar market. This is also helping in removing poverty in remote and underdeveloped regions as it can be produced in small as well as large scale in villages and in any remote places utilizing the feedstock. This market is still in its nascent form, and there is huge scope for the growth of this market. Only a few players are involved in its large scale production. Many private and government organizations have their farming regulations in bio-based oil productions, which is helping the biochar and biorefineries are the opportunities that are going to drive the market in the forecasting period.

The global wood vinegar industry market has been segmented on the basis of type, application, and region. The type segment includes wood destructive distillation and chemical synthesis.  The wood destructive distillation segment held the largest market share of 62.55% in 2019. Wood vinegar is primarily produced from the destructive distillation of wood. The rising demand from farm holders for better crop quality and utilization of wood vinegar as a feed supplement in poultry have increased the adoption of wood destructive distillation. The application segment includes agriculture, food processing, healthcare, and others. Agriculture segment held the largest market share of 58.34% in 2019. Wood vinegar, are widely used in the agriculture segment; it is used as pesticides, and fertilizers, which improves the quality of the soil and helps in the growth of the plant. These factors have increased the market share of agriculture in the global market of the wood vinegar industry. The wood vinegar industry market has been divided into North America, Europe, South America, APAC, and MEA. Europe held the largest market share of 23.74% in 2019. China is the fastest-growing region in the wood vinegar industry with the highest CAGR of 5.21%, due to the rise in the organic farming movement at local, regional, and national level.

The major companies for the global wood vinegar industry are Tagrow, Taiko Pharmaceutical Co., Ltd., DaeSeung, VerdiLife LLC, Nettenergy B.V., Applied Gaia, Sigma Aldrich, Agribolics Technology Sdn Bhd, and Byron Biochar.

This study forecasts revenue growth at global, regional, and country levels from 2013 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:

  • Global Wood Vinegar Industry Market Analysis And Forecast, By Type
    • Wood Destructive Distillation
    • Chemical synthesis
  • Global Wood Vinegar Industry Market Analysis And Forecast, By Application
    • Agriculture
    • Food Processing
    • Healthcare
    • Other
  • Global Wood Vinegar Industry Market Analysis And Forecast, By Regional Analysis
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East And Africa

Chapter 1 Introduction
    1.1 Research Methodology
    1.2 FMR desk research
          1.2.1 FMR data synthesis
          1.2.2 Data validation and market feedback
          1.2.3 FMR data sources
 

Chapter 2 Global Wood Vinegar Industry Overview
    2.1 Definition
    2.2 Introduction of Major Segmentation
          2.2.1 Global Wood Vinegar Industry Segment by Type
                   2.2.1.1 Global Wood Vinegar Industry Output Share by Types in 2018
                   2.2.1.2 Wood Destructive Distillation
                   2.2.1.3 Chemical Synthesis
                   2.2.1.4 Global Wood Vinegar Industry Output Market Share by Types
          2.2.2 Global Wood Vinegar Industry Segment by Applications
                   2.2.2.1 Global Wood Vinegar Industry Output Share by Applications in 2018
                   2.2.2.2 Agriculture
                   2.2.2.3 Food Processing
                   2.2.2.4 Healthcare
    2.3 Market Analysis by Regions
          2.3.1 North America
          2.3.2 Europe
          2.3.3 China
          2.3.4 Japan
          2.3.5 South Korea
          2.3.6 Southeast Asia
 

Chapter 3 Major Segmentation (Type and Application) Analysis
    3.1 Wood Vinegar Industry Major Type Market Share (2013-2019 )
          3.1.1 Wood Destructive Distillation
          3.1.2 Chemical Synthesis
    3.2 Major Application Market Share 2013-2019
          3.2.1 Agriculture
          3.2.2 Food Processing
          3.2.3 Healthcare
          3.2.4 Other
 

Chapter 4 Production Market Analysis
    4.1 Global Wood Vinegar Industry Production Market Analysis
          4.1.1 Global Wood Vinegar Industry Capacity, Production, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis 2013-2019
          4.1.2 Major Manufacturers Performance and Market Share
    4.2 Regional Production Market Analysis
          4.2.1 Regional Market Performance and Market Share 2013-2019
          4.2.2 North America Market
          4.2.3 North America Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
          4.2.4 Europe Market
          4.2.5 Europe Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
          4.2.6 China Market
          4.2.7 China Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
          4.2.8 Japan Market
          4.2.9 Japan Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
          4.2.10 South Korea Market
          4.2.11 South Korea Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
          4.2.12 Southeast Asia Market
          4.2.13 Southeast Asia Capacity, Output, Consumption, Price, Revenue, Cost, Gross and Gross Margin Analysis
 

Chapter 5 Sales Market Analysis
    5.1 Global Sales Market Analysis
          5.1.1 Global Sales Volume, Sales Price and Sales Revenue Analysis 2013-2019
    5.2 Regional Sales Market Analysis
          5.2.1 North America Market
                   5.2.1.1 North America Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.1.2 North America Supply, Import and Export Analysis
          5.2.2 Europe Market
                   5.2.2.1 Europe Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.2.2 Europe Supply, Import and Export Analysis
          5.2.3 China Market
                   5.2.3.1 China Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.3.2 China Supply, Import and Export Analysis
          5.2.4 Japan Market
                   5.2.4.1 Japan Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.4.2 Japan Supply, Import and Export Analysis
          5.2.5 South Korea Market
                   5.2.5.1 South Korea Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.5.2 South Korea Supply, Import and Export Analysis
          5.2.6 Southeast Asia Market
                   5.2.6.1 Southeast Asia Sales Volume, Sales Price and Sales Revenue Analysis
                   5.2.6.2 Southeast Asia Supply, Import and Export Analysis
 

Chapter 6 Consumption Market Analysis
    6.1 Global Consumption Market Analysis
          6.1.1 Global Consumption Volume Analysis 2013-2019
    6.2 Regional Consumption Market Analysis
          6.2.1 Regional Market Performance and Market Share 2013-2019
          6.2.2 North America Market
                   6.2.2.1 North America Consumption Volume Analysis
                   6.2.2.2 North America Import, Export and Consumption Analysis 2013-2019
          6.2.3 Europe Market
                   6.2.3.1 Europe Consumption Volume Analysis
                   6.2.3.2 Europe Import, Export and Consumption Analysis 2013-2019
          6.2.4 China Market
                   6.2.4.1 China Consumption Volume Analysis
                   6.2.4.2 China Import, Export and Consumption Analysis 2013-2019
          6.2.5 Japan Market
                   6.2.5.1 Japan Consumption Volume Analysis
                   6.2.5.2 Japan Import, Export and Consumption Analysis 2013-2019
          6.2.6 South Korea Market
                   6.2.6.1 South Korea Consumption Volume Analysis
                   6.2.6.2 South Korea Import, Export and Consumption Analysis 2013-2019
          6.2.7 Southeast Asia Market
                   6.2.7.1 Southeast Asia Consumption Volume Analysis
                   6.2.7.2 Southeast Asia Import, Export and Consumption Analysis 2013-2019
 

Chapter 7 Production, Sales and Consumption Market Comparison Analysis
    7.1 Global Production, Sales and Consumption Market Comparison Analysis
    7.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis
          7.2.1 North America
          7.2.2 Europe
          7.2.3 China
          7.2.4 Japan
          7.2.5 South Korea
          7.2.6 Southeast Asia
 

Chapter 8 Marketing Channel Analysis
    8.1 Marketing Channel
          8.1.1 Direct Marketing
          8.1.2 Indirect Marketing
    8.2 Market Positioning
          8.2.1 Marketing Channel Future Trend
          8.2.2 Pricing Strategy
          8.2.3 Brand Strategy
 

Chapter 9 Industry Chain Analysis
    9.1 Industry Chain Analysis
    9.2 Manufacturing Process Analysis
    9.3 Proportion of Manufacturing Cost Structure
          9.3.1 Raw Materials
          9.3.2 Labor Cost Analysis
                   9.3.2.1 USA Labor Cost Analysis
 

Chapter 10 Global and Regional Market Forecast
    10.1 Production Market Forecast
          10.1.1 Global Market Forecast
          10.1.2 Major Region Forecast
    10.2 Sales Market Forecast
          10.2.1 Global Market Forecast
          10.2.2 Major Classification Forecast
    10.3 Consumption Market Forecast
          10.3.1 Global Market Forecast
          10.3.2 Major Region Forecast
 

Chapter 11 Global Wood Vinegar Industry Major Manufacturers Analysis
    11.1 DaeSeung Co., ltd
          11.1.1 Company Introduction
          11.1.2 Products Product Specification of DaeSeung Co., ltd
    11.2 Taiko Pharmaceutical Co., Ltd. (Brand name Seirogan)
          11.2.1 Company Introduction
          11.2.2 Products Product Specification of Taiko Pharmaceutical Co., Ltd.
          11.2.3 Taiko Pharmaceutical Co., Ltd. Wood Vinegar Production Market Performance 2013-2019
    11.3 TAGROW CO., LTD.
          11.3.1 Company Introduction
          11.3.2 Products Product Specification of TAGROW CO., LTD.
          11.3.3 TAGROW CO., LTD. Wood Vinegar Production Market Performance 2013-2019
    11.4 Nohken Techno co.,ltd.
          11.4.1 Company Introduction
          11.4.2 Products Product Specification of Nohken Techno co.,ltd.
    11.5 VerdiLife, LLC
          11.5.1 Company Introduction
          11.5.2 Products Product Specification of VerdiLife, LLC
          11.5.3 VerdiLife, LLC Wood Vinegar Production Market Performance 2013-2019
    11.6 Nettenergy BV
          11.6.1 Company Introduction
          11.6.2 Products Product Specification of Nettenergy BV
          11.6.3 Nettenergy BV Wood Vinegar Production Market Performance 2013-2019
    11.7 Applied Gaia
          11.7.1 Company Introduction
          11.7.2 Products Product Specification of Applied Gaia
    11.8 Sigma-Aldrich Corporation (subsidiary of Merck KGaA)
          11.8.1 Company Introduction
          11.8.2 Products Product Specification of Sigma-Aldrich Corporation
    11.9 Agribolics Technology Sdn. Bhd.
          11.9.1 Company Introduction
          11.9.2 Products Product Specification of Agribolics Technology Sdn. Bhd.
    11.10 New Life Wood Vinegar
          11.10.1 Company Introduction
          11.10.2 Products Product Specification of New Life Wood Vinegar
    11.11 Byron Biochar
          11.11.1 Company Introduction
          11.11.2 Products Product Specification of Byron Biochar
 

Chapter 12 Conclusions


1

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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