Wood Vinegar Market Research Report – Global Forecast till 2030

Wood Vinegar Market Research Report Information By Pyrolysis Type (Slow Pyrolysis, Fast Pyrolysis, and Intermediate Pyrolysis), By Application (Agriculture, Animal Feed, Food & Beverages, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

ID: MRFR/AGR/5795-HCR | 90 Pages | Author: Snehal Singh | March 2024         

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Global Wood Vinegar Market Overview

Wood Vinegar Market Size was valued at USD 0.05 billion in 2022. The Wood Vinegar market industry is projected to grow from USD 0.0534 Billion in 2023 to USD 0.08 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2023 - 2030). The rising frequency the use of organic pesticides and efforts by the government to encourage the use of bio-based products in agricultural applications are the key market drivers enhancing market growth.
Wood Vinegar Market Overview
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Wood Vinegar Market Trends

  • Growing crop yield boosting the industry’s market growth

The wood vinegar market has boosted crop output when applied to agricultural soil, wood vinegar is commonly employed in agricultural activities. Wood vinegar has become widely incorporated into farming methods as a result. Among its various uses, it is used to prevent the growth of weeds, act as a repellant, and encourage the growth of plants.

Furthermore, it accomplishes this by encouraging cell growth and serving as a catalyst for the growth of different bacteria that are in charge of a variety of functions, including photosynthesis and nutrient absorption, among others.

Additionally, the reasons for expanding the wood vinegar market are the rising demand levels for improving crop and land production and the explosion in awareness of the advantages of wood vinegar. Some significant factors influencing the growth of the wood vinegar market are changing lifestyles, agricultural industry growth and expansion, particularly in developing nations, and increased customer preference for organically produced food goods. Increased government measures to support organic farming practices, rising research & development expenditures, and stricter controls on the use of pesticides will all contribute to a rise in the wood vinegar market CAGR  globally in recent years.

However, there have been significant advances in the technology innovations to cater to the demand. For instance, Increasing wood vinegar as a sterilizing, anti-bacterial, and anti-protozoa agent is anticipated to present profitable and increase wood vinegar market revenue.

Wood Vinegar Market Segment Insights

Wood Vinegar Pyrolysis Type Insights

The Wood Vinegar Market segmentation, based on product type, includes slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. A significant   amount of wood vinegar, an aqueous fraction with organic acids, is produced during slow pyrolysis. Furthermore, this process comes with some  benefits, including a better yield than competing techniques, a lower temperature need, excellent feedstock handling capabilities for low-quality and irregular feedstock, among other things and increased Wood Vinegar Market revenue.  Slow pyrolysis’s sole drawback is its length of time. The market for wood vinegar saw the second-highest share from the fast pyrolysis sector. In 2021, it received 18.2%. This is due to its advantages, including a shorter vapor residence period. The demand for a high temperature is a drawback of this procedure.

Jan 2021: Vow’s  strong, dependable, and economical pyrolysis process used by Vow is built around the patented Biogreen® technology. By enabling the operator to adjust the process duration and temperature—two crucial pyrolysis parameters—Biogreen® is specially created to control process conditions  precisely

December 2018: Strongly CO2 negative Vow’s Biogreen® is a product, and a single-line production facility can prevent up to 8,000 tonnes of CO2 emissions annually.

Wood Vinegar Application Insights

The Wood Vinegar Market data shows that wood vinegar is mainly utilized in agricultural, animal feed, food & beverages, and others. In 2022, the market segment that represented the highest share was agriculture. It serves multiple purposes and is used as a pesticide and fertilizer. Also, it aids in reducing the harm that dangerous insects cause to crops. It helps with composting and decreases odor when combined with manure.

Figure 1: Wood Vinegar By Application, 2022 & 2030 (USD billion)
Wood Vinegar By Application, 2022 & 2030
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Additionally, In addition to promoting cell growth, wood vinegar acts as a catalyst for the expansion of various microorganisms and enzymes that are advantageous for nutrient uptake, photosynthesis, and cell growth. Salmonella, a pathogen that causes gastrointestinal illnesses in chicken birds, is eliminated when charcoal and wood vinegar is added as feed additions. Moreover, it aids in enhancing chickens’ egg-laying traits.

The second fastest-growing segment in the wood vinegar industry is agriculture. The personal service and accessibility of a wide range of products boost the segment's revenue growth.

Wood Vinegar Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific wood vinegar market accounted for USD 0.05 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the growing incidence of wood vinegar products such as Green man char, WVI naturals, and formaldehyde and an aging population across the region.

Further, the significant countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe’s wood vinegar market accounts for the second-largest market share due to the availability of wood vinegar has many agricultural advantages, including improvement of soil quality, development of roots, and pest control. Further, the German wood vinegar market held the largest market share, and the UK wood vinegar market was the fastest-growing market in the European region.

The Asia-Pacific wood vinegar Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to increased rates of wood vinegar products. The vast growth in the region is attributable to an older population that is growing along with rising agriculture concerns and public awareness that have increased improvement of soil quality use in the Asia Pacific region throughout the forecast period. Moreover, China's wood vinegar market held the largest market share, and the Indian wood vinegar market was the fastest-growing market in the Asia-Pacific region.

For instance, the Indian wood vinegar market is the favored destination for wood vinegar production, the clan Olivia Group offers works excellent as a pesticide, wood vinegar. It supports healthy plant growth and aids in the control of pests. Moreover, it makes roots stronger and promotes excellent seed growth. As per the data cited in the wood vinegar companies 2022-21 published by the wood vinegar producer Association in July 2022, Singapore is ranked in 2nd position, Japan at 3rd, India at 10th, South Korea at 14th, and China at 33rd out of the top 46 international wood vinegar production destinations. Hence, Asia-Pacific is anticipated to register the highest growth rate over the forecast period from 2022–2030.

Wood Vinegar Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the wood vinegar market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the wood vinegar industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies manufacturers adopt in the global wood vinegar industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. The wood vinegar industry has provided medicine with some of the most significant benefit in recent years. The wood vinegar market major players such as Ace Singapore Pte Ltd (Singapore), Nettenergy B.V. (Netherlands), Tagrow Co. Ltd. (China), Byron Biochar (Australia), Red Arrow International LLC (US), and others are working on expanding the market demand by investing in research and development activities.

The Singapore Ministry of Trade and Industry founded ACE in 2003. In 2014, ACE was re-launched as a private sector-led, nonprofit organization. Dr. Tan See Leng, Minister for Manpower and Second Minister for Commerce and Industry, is the patron of ACE.  ACE International Pte Ltd, Singapore, proud to organize this International Faculty and Researcher Development Program on 31st May 2020 to support our community and people to procure better sources and resources.

Also, Nettenergy BV started in 2006. We focus on developing pyrolysis technology and building mobile installations to convert biomass into materials, chemicals, and energy. In Feb 2022, Nettenergy, the Vermeulen Groep and Delphy have lauched the “Groene Hart Waterston pilot. This pilot grass collected by the Vermeulen Group is converted into hydrogen using Nettenergy’s PyroGasifier and SYN2H technology.

Recent Develpoment:

On Apr. 23, 2023, the Collie Resource Recovery Centre announced that it is converting household rubbish and biomass from landfill into commercial biochar, like pyrolysis oil and wood vinegar. The Shire of Collie in WA announced a partnership with a circular economy startup to build a US$10.4 energy-from-waste plant at its landfill site. The 1.5 tonnes per hour demonstration-scale plant uses patented technology incubated at Curtin University and developed by its commercial spinoff Renergi.

On Nov. 08, 2022, PyroAg announced that it is working on Australian Initiatives to promote sustainable farming practices to combat rising fertilizer costs and amplify premium regenerative farming methods. The company is encouraging farmers to embrace sustainable farming practices and stripping their fertilizer costs significantly. PyroAg makes wood vinegar by heating organic biomass, such as recycled wood chips, in an oxygen-reduced environment. Then, the output gas is cooled into a liquid, separated & refined into wood vinegar.

On Aug. 25, 2021, Scientists from the Heilongjiang Academy of Agricultural Machinery Sciences, China, published findings of their research on the wood vinegar and tar fraction's physicochemical properties and antioxidant activity in bio-oil that is produced from the pyrolysis hazelnut shells by burning them at 400 °C to 1,000 °C.

The researchers discovered that after burning hazelnut shells, the wood vinegar and tar residues contained the most phenolic substances, forming the base for further research on antioxidant properties. Wood vinegar and tar obtained from residual hazelnut shells could be potential renewable energy sources dependent on their characteristics.

On Apr. 08, 2021, UAB Ekomlita, a consumer goods company, announced the availability of a detox foot pad, Nuubu. The patch can be applied directly to the foot to remove harmful toxins from the human body to support health.

According to the detox foot pad manufacturer, it was developed using the expertise and specialties of traditional Japanese medicine. In addition to medlar leaf, bamboo vinegar, and wood vinegar, the product also contains vitamin C, dextrin, and heart-shaped houttuynia. All these ingredients are considered helpful in eliminating toxins from the human body.

Key Companies in the wood vinegar market include

  • Ace Singapore Pte Ltd (Singapore)

  • Canada Renewable Bioenergy Corp

  • Nettenergy B.V. (Netherlands)

  • Tagrow Co. Ltd. (China)

  • Byron Biochar (Australia)

  • Red Arrow International LLC (US)

  • B&G Foods Inc. (US)

  • Baumer Foods Inc. (US)

  • VerdiLife LLC. (US)

  • Taiko Pharmaceutical Co. Ltd. (Japan)

Fish Oil Industry Developments

August 2021:  Nettenergy wins an international competition to upgrade organic waste from Rotterdam. Rotterdam is searching for new processing routes for this waste stream.

Feb 2020: VerdiLife strives to make our planet healthier by replacing chemicals used in conventional agriculture with all-natural solutions long favored by organic producers worldwide.

Wood Vinegar Market Segmentation

Wood Vinegar Pyrolysis Type Outlook

  • Slow Pyrolysis

  • Fast Pyrolysis

  • Intermediate Pyrolysis

Wood Vinegar Application Outlook

  • Agriculture

  • Animal Feed

  • Food & Beverages

  • Others

Wood Vinegar Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 0.05 billion
Market Size 2023 USD 0.053 billion
Market Size 2030 USD 0.08 billion
Compound Annual Growth Rate (CAGR) 6.80% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2018 – 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Pyrolysis Type, Application Type, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Ace Singapore Pte Ltd (Singapore), Nettenergy B.V. (Netherlands), Tagrow Co. Ltd. (China), Byron Biochar (Australia)
Key Market Opportunities Growing demand for organic products
Key Market Dynamics  rising frequency of use as organic pesticides efforts by the government to encourage the use of bio-based products in agricultural applications

Frequently Asked Questions (FAQ) :

The Wood Vinegar Market size was valued at USD 0.05 Billion in 2022.

The global market is projected to grow at a CAGR of 6.80% during the forecast period 2023-2030.

Asia-Pacific had the largest share of the global market.

The key players in the market are Ace Singapore Pte Ltd (Singapore), Nettenergy B.V. (Netherlands), Tagrow Co. Ltd. (China), and Byron Biochar (Australia).

The fertilizer additive category dominated the market in 2022.

Agricultural products had the largest share of the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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