Charcoal Market Report and Forecast 2025-2034

The global charcoal market is expected to grow in the forecast period of 2025-2034 at a CAGR of 4.20%.

The growing demand for industrial wastewater treatment and the extensive use of activated carbon are expected to drive the charcoal market growth. Europe, along with the Middle East and Africa, accounted for the highest market share in 2020. Kenya was a significant charcoal market in the Middle East and Africa.

Global Charcoal Market Segmentation

In the absence of oxygen, charcoal is heated to high temperatures with steam to generate a activated carbon.

The charcoal market can be broadly categorised based on its end-use segments into:

• Households
• Metallurgical Industry
• Others

Looks into the regional charcoal markets like:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Global Charcoal Market Analysis

A significant factor driving the charcoal market growth for charcoal is the increased demand for industrial waste treatment. The increasing popularity of barbecues will be an essential factor in fuelling the charcoal demand from household end-users. The growing use of charcoal for heating and cooking purposes will fuel the growth of Europe and the Middle East and Africa charcoal market.

Global Charcoal Market: Competitive Landscape

The report presents a detailed analysis of the following key players in the global charcoal market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Namchar (Pty) Ltd.
• Mesjaya Abadi Sdn Bhd
• Royal Oak Enterprises, LLC
• Kingsford Products Company
• The Saint Louis Charcoal Company, LLC
• Gryfskand sp. z o.o.
• Others

The report gives an in-depth insight into the charcoal market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.