The global Charcoal market was valued at 12.91 Million USD in 2021 and will grow with a CAGR of 10.62% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Charcoal is a woodfuel consumed in cities and towns. Some of the factors influencing the choice of using charcoal instead of firewood in urban areas include: Charcoal has a higher calorific value per unit weight that firewood, it is therefore more economical to transport charcoal over longer distances as compared to firewood; Storage of charcoal takes less room as compared to firewood; Charcoal is not liable to deterioration by insects and fungi which attack firewood; Charcoal is almost smokeless and sulphur - free, as such it is ideal fuel for towns and cities.In 2016, the global Charcoal market is led by Africa, capturing about 64.36% of global Charcoal production. Americas is the second-largest region-wise market with 21.26% global production share. At present, the major manufacturers of Charcoal are concentrated in Brazil. Brazil is the world leader, holding about 12% production market share in 2016. In application, Charcoal downstream is wide and recently Charcoal has acquired increasing significance in various fields of metallurgical industry and others. Globally, the Charcoal market is mainly driven by growing demand for metallurgical industry which accounts for nearly 53.66% of total downstream consumption of Charcoal in global in 2016. In price, the price of Charcoal is volatile. The price of Charcoal increased year by year. The fast growing cost in the environment and policy restriction is the main reason of the rising price. In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Charcoal production will show a trend of steady growth.

By Market Verdors:

Plantar Group

Carvão São Manoel

Gryfskand

Blackwood Charcoal

Matsuri International

Paraguay Charcoal

Jumbo Charcoal

VIET GLOBAL IMEX

Sagar Charcoal Depot

Namco CC

Ignite Products

Carbon Roots International

Sichuan Shuangli Yonghui Tanye

BRICAPAR SAE

Clorox

Oxford Charcoal Company

By Types:

Charcoal Briquette

Hardwood Charcoal

By Applications:

Metallurgical Industry

Industrial Field

Cooking Fuel

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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