Global Charcoal Market Growth 2019-2024

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.

According to this study, over the next five years the Charcoal market will register a 11.3% CAGR in terms of revenue, the global market size will reach US$ 24600 million by 2024, from US$ 13000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Charcoal business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Charcoal market by product type, application, key manufacturers and key regions and countries.

This study considers the Charcoal value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Charcoal Briquette
Hardwood Charcoal
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metallurgical Industry
Industrial Field
Cooking Fuel
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Charcoal consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Charcoal market by identifying its various subsegments.
Focuses on the key global Charcoal manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Charcoal with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Charcoal submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.