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LAMEA Wood Vinegar Market Size, Share & Trends Analysis Report By Pyrolysis Method, By Application (Agriculture, Animal Feed, Food, Medicinal & Consumer Products, and Others). By Country and Growth Forecast, 2023 - 2030

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    Report

  • 113 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953516
The LAMEA Wood Vinegar Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 600.83 Tonnes, showcasing a growth of 5.6% (2023-2030).

In fast pyrolysis, biomass feedstock such as wood chips or sawdust is quickly heated, causing it to break down into volatile compounds, gases, and char. These volatile compounds are then condensed to yield a dark-colored liquid known as wood vinegar, which contains a complex mixture of organic acids, phenolic compounds, and other bioactive substances. Therefore, the Brazil market will process 49.01 tonnes of wood vinegar by fast pyrolysis method by 2030.



The Brazil market dominated the LAMEA Wood Vinegar Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,077.7 Thousands by 2030. The Argentina market is showcasing a CAGR of 5.2% during (2023 - 2030). Additionally, The South Africa market would register a CAGR of 6.7% during (2023 - 2030).

Wood vinegar, alternatively referred to as wood tar oil or pyroligneous acid, is an organic compound produced through the destructive distillation or pyrolysis of diverse wood biomass varieties. This ancient product has gained renewed attention recently due to its multifaceted applications across diverse industries. With its rich history, wood vinegar has evolved from traditional folk remedies to a modern eco-friendly solution with wide-ranging benefits.

Moreover, the adoption of wood vinegar has been steadily increasing as consumers and businesses recognize its potential as a sustainable alternative to synthetic chemicals. Historically, wood vinegar has been utilized in traditional medicine, agriculture, and preservation techniques. However, advancements in production technology and growing awareness of environmental sustainability have propelled its adoption in contemporary applications.

In the field of food and beverages, there is a growing inclination among South African consumers to favor products that are natural and sustainable. With rising awareness of health and environmental concerns, there is a growing preference for organic, chemical-free alternatives. Wood vinegar, a natural byproduct of biomass pyrolysis, aligns well with these consumer preferences and offers an eco-friendly solution for food and beverage applications. Hence, the rising food and beverage and agriculture sectors in LAMEA will fuel the demand for wood vinegar in the region.

Based on Pyrolysis Method, the market is segmented into Slow Pyrolysis, Fast Pyrolysis, and Intermediate Pyrolysis. Based on Application, the market is segmented into Agriculture, Animal Feed, Food, Medicinal & Consumer Products, and Others. Based on countries, the market is segmented into Brazil, Argentina, Morocco, Chile, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • VerdiLife Inc.
  • Sane Shell Carbon Pvt. Ltd.
  • Ace (Singapore) Pte Ltd.
  • Nettenergy BV
  • TAGROW CO., LTD.
  • Applied Gaia Corporation
  • Penta Manufacturing Company, LLC
  • Byron Biochar
  • Taiko Pharmaceutical Co., Ltd.
  • Doi Shoten Co., Ltd.

Market Report Segmentation

By Pyrolysis Method (Volume, Tonnes, USD Million, 2019-2030)
  • Slow Pyrolysis
  • Fast Pyrolysis
  • Intermediate Pyrolysis
By Application (Volume, Tonnes, USD Million, 2019-2030)
  • Agriculture
  • Animal Feed
  • Food, Medicinal & Consumer Products
  • Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
  • Brazil
  • Argentina
  • Morocco
  • Chile
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Wood Vinegar Market, by Pyrolysis Method
1.4.2 LAMEA Wood Vinegar Market, by Application
1.4.3 LAMEA Wood Vinegar Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Wood Vinegar Market by Pyrolysis Method
4.1 LAMEA Slow Pyrolysis Market by Country
4.2 LAMEA Fast Pyrolysis Market by Country
4.3 LAMEA Intermediate Pyrolysis Market by Country
Chapter 5. LAMEA Wood Vinegar Market by Application
5.1 LAMEA Agriculture Market by Country
5.2 LAMEA Animal Feed Market by Country
5.3 LAMEA Food, Medicinal & Consumer Products Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Wood Vinegar Market by Country
6.1 Brazil Wood Vinegar Market
6.1.1 Brazil Wood Vinegar Market by Pyrolysis Method
6.1.2 Brazil Wood Vinegar Market by Application
6.2 Argentina Wood Vinegar Market
6.2.1 Argentina Wood Vinegar Market by Pyrolysis Method
6.2.2 Argentina Wood Vinegar Market by Application
6.3 South Africa Wood Vinegar Market
6.3.1 South Africa Wood Vinegar Market by Pyrolysis Method
6.3.2 South Africa Wood Vinegar Market by Application
6.4 Nigeria Wood Vinegar Market
6.4.1 Nigeria Wood Vinegar Market by Pyrolysis Method
6.4.2 Nigeria Wood Vinegar Market by Application
6.5 Morocco Wood Vinegar Market
6.5.1 Morocco Wood Vinegar Market by Pyrolysis Method
6.5.2 Morocco Wood Vinegar Market by Application
6.6 Chile Wood Vinegar Market
6.6.1 Chile Wood Vinegar Market by Pyrolysis Method
6.6.2 Chile Wood Vinegar Market by Application
6.7 Rest of LAMEA Wood Vinegar Market
6.7.1 Rest of LAMEA Wood Vinegar Market by Pyrolysis Method
6.7.2 Rest of LAMEA Wood Vinegar Market by Application
Chapter 7. Company Profiles
7.1 VerdiLife Inc.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Sane Shell Carbon Pvt. Ltd.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Ace (Singapore) Pte Ltd.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Nettenergy BV
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 TAGROW CO., LTD.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Applied Gaia Corporation
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Penta Manufacturing Company, LLC
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Byron Biochar
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Taiko Pharmaceutical Co., Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 SWOT Analysis
7.10. Doi Shoten Co., Ltd.
7.10.1 Company Overview

Companies Mentioned

  • VerdiLife Inc.
  • Sane Shell Carbon Pvt. Ltd.
  • Ace (Singapore) Pte Ltd.
  • Nettenergy BV
  • TAGROW CO., LTD.
  • Applied Gaia Corporation
  • Penta Manufacturing Company, LLC
  • Byron Biochar
  • Taiko Pharmaceutical Co., Ltd.
  • Doi Shoten Co., Ltd.

Methodology

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