Wood Vinegar Market Detailed Analysis and Forecast To-2031

Posted by Aparna P on August 1st, 2022

The global wood vinegar market was initially evaluated at US$ 4.5 million in the base year of the study i.e. 2019. The research report predicts that the global wood vinegar market will record an incredible compound annual growth rate of 7.0 % during the forecast period of 2020 to 2027.

The global wood vinegar market is expected to grow at a robust pace between 2017 and 2025. While it has been around for many years now, the market has been able to gain significant pace in emerging nations across Asia Pacific as they show more dependence on the agriculture sector. Wood vinegar, also known as liquid smoke, is a byproduct of biochar or charcoal production. Obtained through carbonization it is a dark liquid and witnesses high demand due to its bactericidal effect, which in turn helps in root stimulation. 

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Some of the most prominent companies operating in the global wood vinegar market are Canada Renewable Bioenergy Corp., ACE (Singapore) Pte Ltd, TAGROW CO., LTD. (China), Nettenergy BV (Netherlands), and Byron Biochar (Australia).

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Aparna P

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Aparna P
Joined: May 13th, 2021
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