Wood Vinegar (Slow Pyrolysis, Fast Pyrolysis, and Intermediate Pyrolysis) Market 2016 – Global Forecast to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Wood
Vinegar Market by Pyrolysis Method (Slow Pyrolysis, Fast Pyrolysis, and
Intermediate Pyrolysis), Application (Agriculture, Animal Feed, Food,
Medicinal, and Consumer Products), and Region – Global Forecast to 2022”

report to their offering.

The wood vinegar market is projected to reach USD 6.7 million by 2022 at
a CAGR of 7.2% from 2016 to 2021.

The market is driven by factors such as high demand for organic food
products, rise in demand for bio-based agricultural inputs, and the use
of wood vinegar for food, animal feed, and medicinal applications in
various countries across the globe.

Wood vinegar is most widely used in agricultural applications, which
accounted for the largest share in the wood vinegar market. It is used
as a pesticide and fertilizer as it has multifunctional benefits. It
also helps in controlling the impact of harmful insects on crops. Wood
vinegar, when applied to the soil in high concentrations, prevents the
growth of eelworms and the damage caused due to soil diseases. However,
when used in low concentrations in the soil, it enhances the number of
useful microbes in the soil. Wood vinegar also helps crops to develop
stronger and healthier roots, which eventually helps in better uptake of
nutrients.

Wood vinegar is rapidly gaining acceptance as an essential natural
farming input in the Asia-Pacific region. Locally produced wood vinegar
is used as a pesticide in countries where synthetic chemicals are not
available, or where the price of the chemicals is too high for
small-scale farmers. Globally, the need to minimize environmental risks
resulting from chemical pesticides has fueled the use of wood vinegar as
a biopesticide. The growth in demand for organic farm inputs is expected
to have a high impact on the wood vinegar market in Asia-Pacific right
through 2022.

Market Dynamics

Drivers

  • Improved Crop Yield
  • Stringent Regulations Regarding the Usage of Crop Protection Chemicals
    and Rising Consumption of Organic Food Products

Restraints

  • Low Awareness About Wood Vinegar, Globally

Opportunities

  • Growing Use of Wood Vinegar in Various Applications Across Industries

Challenges

  • Emission of Harmful Gases Through Conventional Kiln During the
    Production of Wood Vinegar

The market for wood vinegar consists of players from the
agricultural and chemical industries, which include

  • Ace (Singapore) PTE Ltd
  • Byron Biochar
  • Canada Renewable Bioenergy Corp.
  • DOI & Co., Ltd
  • Nakashima Trading Co. Ltd.
  • Nettenergy BV
  • New Life Agro
  • Penta Manufacturer
  • Tagrow Co., Ltd.
  • Verdi Life

For more information about this report visit http://www.researchandmarkets.com/research/mgkmwh/wood_vinegar

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Related
Topics: Wood
and Wood Products