Charcoal Market Outlook Report

Published On: Feb, 2025
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Pages: 150

The Charcoal Market is estimated at USD 6,164 million in 2022. Further, the market is expected to grow from USD 6,360 million in 2023 to USD 7,723 million in 2030 at a CAGR of 2.81%.

Charcoal Market Market Overview

Charcoal is a black porous solid of carbon and other volatile constituents (plant & animal matter). Charcoal is usually produced by slow pyrolysis of biomass (carbonization), heating wood, bone char, sugar, or other materials in the absence of oxygen. Charcoal produces less smoking when burning, has high energy content per unit mass, is easily transported & stores, requires little preparation before use, and is reusable. The production and burning of charcoal release large amounts of GHG (Greenhouse Gases) into the atmosphere, mainly carbon dioxide and methane. Until now, the primary raw material for charcoal production has been fuelwood.
However, because supplies of wood are often limited, various agricultural and forestry residues are used as raw materials for charcoal production. Charcoal is made from wood and about five tons of wood generally produces one ton of charcoal. The most important factor in efficiently converting wood to charcoal is the careful operation of kilns (traditional, brick & concrete, portable steel, mini charcoal). 
The types of charcoal include Briquettes, Hardwood Lump, Coconut Shell, Japanese Charcoal, Sugar charcoal, bamboo charcoal e.t.c. One of wood charcoal's most important historical applications was as a constituent of gunpowder. Charcoal is used for cooking & heating, and industrial processes in many developing countries. It was also used in metallurgical operations as a reducing agent, but the introduction of fuels such as coke or anthracite smalls has diminished its application.

Latest Trends in Charcoal Market

Support to Acquisition of Improved & Sustainable Charcoal Production Technology:
The shift towards sustainable charcoal production systems is necessary to reduce negative impacts on forest biomass and livelihoods. Charcoal is produced using rudimentary technology (earth mound kilns) with a low conversion rate of 10 to 15%. As a result, up to 90% of wood is lost during the conversion process. About half the wood extracted worldwide from forests is used to produce energy for cooking and heating. Of all the wood used as fuel worldwide, about 17% is converted to charcoal. To promote improved technologies for greater efficiency of conversion of wood to charcoal by subsidizing the acquisition of up to 200 Casamance kilns by charcoal producers. 
Using improved Casamance kilns is anticipated to provide up to three times higher conversion of wood to charcoal than traditional earth-mound kilns, from 10 to 30–35%. The reduced wood requirement per unit of charcoal produced ultimately leads to less pressure on the wood resource. An estimated 1–2.4 Gt CO2e of greenhouse gases are emitted annually in the production and use of fuelwood and charcoal, which is 2–7% of global anthropogenic emissions.

Driving Factors

Rapid Urbanization & Industrialization Across the Globe: 
By 2050 more than two-thirds of the world’s population is estimated to live in urban areas. Africa’s urban population is estimated to rise from 40% to 56% by 2050, and Asia’s from 48% to 64%. Global demand for charcoal is rising due to the urban population in emerging economies. More than half the global population now lives in cities, and urban dwellers are restricted to charcoal use because of the easiness of production, access, transport, and tradition. 
Urbanization and population growth drive increased demand for charcoal, whilst deforestation reduces biomass stocks. With the increasing demand for charcoal and decreasing availability of biomass, policies are required to ensure secure energy supplies for urban households and reduce deforestation. Charcoal is often more affordable than alternative cooking fuels like LPG. In urban areas, where household incomes may be relatively low, charcoal becomes an attractive and cost-effective energy option for many residents.

Market Challenges

Increase in Deforestation:
The major restraint hampering market growth and charcoal production is deforestation, i.e., the clearance of forest or woodland. Charcoal consumption is growing faster than firewood consumption, and its use is becoming a much larger part of the wood energy's total in Africa and South America. A large proportion of the area used for charcoal production has the potential for rapid forest recovery, especially with good post-harvest management. Although investment in charcoal production from forest plantations is increasing in tropical regions, mostly, biomass for charcoal production is mostly obtained from natural forests, where natural regeneration is the main source of forest recovery. 
Forest degradation associated with charcoal production is difficult to monitor and commonly overlooked and underrepresented in forest cover change and carbon emission estimates. The loss of forests due to charcoal production harms local ecosystems and wildlife. Many species, including endangered ones, depend on forests for their survival. Furthermore, deforestation caused by charcoal production can also result in soil erosion, as removing tree cover leaves the soil exposed to the elements. This can lead to degradation of soil quality, reduced fertility, and loss of agricultural productivity in the long run.

Companies Mentioned

The Clorox Company
Kingsford Products Company
Plantar Siderúrgica S/A
Gryfskand sp. z o.o.
Vina Global Imex Co., LTD
Carbon Roots International:
Mesjaya Sdn Bhd:
Royal Oak Enterprises, LLC

Market Segmentation

Market Split

     Detail

By Technology

  • Slow pyrolysis
  • Fast pyrolysis
  • Gasification
  • Other technologies

By Feedstock

  • Forestry waste
  • Agriculture waste
  • Biomass Plantation
  • Residential waste
  • Other

By Application

  • Agriculture
  • Livestock Farming
  • Industrial Uses
  • Other Applications

By Geography

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

TABLE OF CONTENTS

1. GLOBALCHARCOALINDUSTRY
1.1. Market Scope and Definition
1.2. Study Assumptions

2. CHARCOAL MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2022-2030
2.1. Charcoal Market Latest Trends
2.1.1. Support to Acquisition of Improved & Sustainable Charcoal Production Technology:
2.1.2. Product Innovation Regarding Kilns & Efforts to Increase Efficiency:
2.1.3. Growing Demand for Charcoal in Sub-Saharan African Countries:
2.1.4. Increasing Government Policy Options & Initiatives for Climate-Smart Charcoal Industry:
2.1.5. Production From Renewable Sources & Availability of Different Wood Sourcing:
2.1.6. Replacement of Fossil Coal with Charcoal in Some Metallurgical Applications:
2.2. Charcoal Market Insights, 2022-2030
2.2.1. Leading Charcoal Product Types, 2022-2030
2.2.2. Dominant Charcoal Application, 2022-2030
2.2.3. Leading Charcoal Sales Channel, 2022-2030
2.2.4. Fast-Growing Geographies for Charcoal, 2022-2030
2.3. Charcoal Demand Drivers to 2030
2.3.1. Rapid Urbanization & Industrialization Across the Globe:
2.3.2. Increasing Demand for Charcoal in Wastewater Treatment Plants:
2.3.3. Growing Usage of Charcoal in Different Application Areas:
2.3.4. Rising Consumption of Barbequed Food & Grilled Food:
2.3.5. High Demand for Charcoal in Cooking Fuel Industry:
2.3.6. Regulations on Reducing GHG Emissions & Use of Bioenergy in Heating Systems:
2.4. Charcoal Challenges to 2030
2.4.1. Increase in Deforestation:
2.4.2. Environmental Concerns & Strict Government Regulations:
2.4.3. Availability of Alternative Fuels:
2.5. Charcoal Market-Five Forces Analysis

3. GLOBAL CHARCOAL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
3.1. Global Charcoal Market Overview, 2022
3.2. Global Charcoal Market Size and Share Outlook, By Product Type, 2022-2030
3.2.1. Briquettes
3.2.2. Hardwood Lump
3.2.3. Coconut Shell
3.2.4. Japanese Charcoal
3.2.5. Other Product Types
3.3. Global Charcoal Market Size and Share Outlook, By Application, 2022-2030
3.3.1. Cooking Fuel
3.3.2. Metallurgical Fuel
3.3.3. Water and Air Purification
3.3.4. Health and Personal Care
3.3.5. Other Applications
3.4. Global Charcoal Market Size and Share Outlook, By Sales Channel, 2022-2030
3.4.1. Online
3.4.2. Offline
3.5. Global Charcoal Market Size and Share Outlook by Region, 2022-2030

4. NORTH AMERICA CHARCOAL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
4.1. North America Charcoal Market Overview, 2022
4.2. North America Charcoal Market Size and Share Outlook By Product Type, 2022-2030
4.3. North America Charcoal Market Size and Share Outlook, By Application, 2022-2030
4.4. North America Charcoal Market Size and Share Outlook By Sales Channel, 2022-2030
4.5. North America Charcoal Market Size and Share Outlook by Country, 2022-2030
4.5.1. United States
4.5.2. Canada
4.5.3. Mexico

5. EUROPE CHARCOAL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
5.1. Europe Charcoal Market Overview, 2022
5.2. Europe Charcoal Market Size and Share Outlook By Product Type, 2022-2030
5.3. Europe Charcoal Market Size and Share Outlook, By Application, 2022-2030
5.4. Europe Charcoal Market Size and Share Outlook By Sales Channel, 2022-2030
5.5. Europe Charcoal Market Size and Share Outlook by Country, 2022-2030
5.5.1. Germany
5.5.2. France
5.5.3. UK
5.5.4. Italy
5.5.5. Spain
5.5.6. Rest of Europe

6. ASIA PACIFIC CHARCOAL MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
6.1. Asia Pacific Charcoal Market Overview, 2022
6.2. Asia Pacific Charcoal Market Size and Share Outlook By Product Type, 2022-2030
6.3. Asia Pacific Charcoal Market Size and Share Outlook, By Application, 2022-2030
6.4. Asia Pacific Charcoal Market Size and Share Outlook By Sales Channel, 2022-2030
6.5. Asia Pacific Charcoal Market Size and Share Outlook by Country, 2022-2030
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. Rest of Asia Pacific

7. SOUTH AND CENTRAL AMERICA CHARCOAL MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
7.1. South and Central America Charcoal Market Overview, 2022
7.2. South and Central America Charcoal Market Size and Share Outlook By Product Type, 2022-2030
7.3. South and Central America Charcoal Market Size and Share Outlook, By Application, 2022-2030
7.4. South and Central America Charcoal Market Size and Share Outlook By Sales Channel, 2022-2030
7.5. South and Central America Charcoal Market Size and Share Outlook by Country, 2022-2030
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South and Central America

8. MIDDLE EAST AFRICA CHARCOAL MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
8.1. Middle East Africa Charcoal Market Overview, 2022
8.2. Middle East Africa Charcoal Market Size and Share Outlook By Product Type, 2022-2030
8.3. Middle East Africa Charcoal Market Size and Share Outlook, By Application, 2022-2030
8.4. Middle East Africa Charcoal Market Size and Share Outlook By Sales Channel, 2022-2030
8.5. Middle East Africa Charcoal Market Size and Share Outlook by Country, 2022-2030
8.5.1. Middle East
8.5.2. Africa

9. CHARCOAL MARKET STRUCTURE
The Clorox Company
Kingsford Products Company
Plantar Siderúrgica S/A
Gryfskand sp. z o.o.
Vina Global Imex Co., LTD
Carbon Roots International:
Mesjaya Sdn Bhd:
Royal Oak Enterprises, LLC

10. CHARCOAL RELATED DATA

11. APPENDIX
11.1. About Us
11.2. Sources
11.3. Research Methodology
11.4. Research Process
11.5. Research Execution
11.6. Contact Information

  

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Adaptations in supply chain dynamics and the growing emphasis on cleaner and sustainable practices further drive strategic shifts within companies.The market study delivers a comprehensive overview of current trends and developments in the Battery Recycling industry, complemented by detailed descriptive and prescriptive analyses for insights into the market landscape until 2034.North America Battery Recycling Market AnalysisThe North America Battery Recycling market experienced notable advancements in 2024, driven by the rapid adoption of cutting-edge technologies, increasing demand for sustainable and energy-efficient solutions, and robust investments in industrial modernization. The shift towards automation and digital transformation across manufacturing and logistics sectors is anticipated to drive significant growth from 2025 onwards, supported by stringent environmental regulations and government incentives promoting cleaner technologies. The competitive landscape remains dynamic, with key players focusing on R&D, product innovation, and strategic collaborations to gain a competitive edge. Moreover, the integration of smart technologies, such as IoT and AI, in industrial operations continues to reshape market dynamics, presenting lucrative opportunities for companies aiming to optimize productivity and sustainability.Europe Battery Recycling Market OutlookIn 2024, the Europe Battery Recycling market witnessed substantial growth fueled by the region's emphasis on renewable energy adoption, circular economy practices, and green manufacturing initiatives. With a strong policy framework supporting carbon neutrality goals and increasing investments in advanced production technologies, the market is poised for accelerated growth from 2025 onwards. Leading players are prioritizing sustainable product development and regional expansion to meet evolving consumer and industrial demands. Furthermore, the integration of automation in manufacturing and logistics, coupled with advancements in material engineering, is expected to drive innovation and bolster market competitiveness across the region.Asia-Pacific Battery Recycling Market ForecastThe Asia-Pacific Battery Recycling market demonstrated robust progress in 2024, underpinned by rapid industrialization, infrastructural development, and rising adoption of advanced manufacturing solutions across key economies like China, India, and Japan. Anticipated growth from 2025 will be supported by increasing foreign investments, a burgeoning middle class, and government initiatives to boost domestic manufacturing capabilities. The region's competitive landscape is characterized by the presence of both global and regional players focusing on cost-effective innovations and strategic partnerships to expand their footprint. Key drivers include the rising demand for energy-efficient systems, advancements in material science, and the growing emphasis on digitalization in industrial operations.Middle East, Africa, Latin America Battery Recycling Market OverviewThe Middle East, Africa, Latin America Battery Recycling market displayed steady growth in 2024, primarily driven by infrastructural development and industrial modernization in emerging economies across Latin America, the Middle East, and Africa. From 2025 onwards, growth is anticipated to gain momentum, propelled by rising investments in sustainable industrial solutions and the increasing adoption of automation to enhance operational efficiency. The competitive landscape is evolving, with regional players leveraging partnerships and technological advancements to cater to local demands. Key factors supporting market expansion include government initiatives aimed at industrial diversification, the rising focus on energy-efficient systems, and advancements in supply chain technologies.Battery Recycling Market Dynamics and Future AnalyticsThe research analyses the Battery Recycling parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Battery Recycling market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Battery Recycling market projections.Recent deals and developments are considered for their potential impact on Battery Recycling's future business. Other metrics analyzed include the Threat of New Entrants, Threat of New Substitutes, Product Differentiation, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Battery Recycling market.Battery Recycling trade and price analysis helps comprehend Battery Recycling's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Battery Recycling price trends and patterns, and exploring new Battery Recycling sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Battery Recycling market.Battery Recycling Market Structure, Competitive Intelligence and Key Winning Strategies The report presents detailed profiles of top companies operating in the Battery Recycling market and players serving the Battery Recycling value chain along with their strategies for the near, medium, and long term period.OGAnalysis’ proprietary company revenue and product analysis model unveils the Battery Recycling market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Battery Recycling products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Battery Recycling market update to stay ahead of the competition.Company offerings in different segments across Asia-Pacific, Europe, the Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Battery Recycling market. The competition analysis enables users to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market share. Battery Recycling Market Research Scope• Global Battery Recycling market size and growth projections (CAGR), 2024- 2034• Policies of USA New President Trump, Russia-Ukraine War, Israel-Palestine, Middle East Tensions Impact on the Battery Recycling Trade and Supply-chain• Battery Recycling market size, share, and outlook across 5 regions and 27 countries, 2023- 2034• Battery Recycling market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023- 2034• Short and long-term Battery Recycling market trends, drivers, restraints, and opportunities• Porter’s Five Forces analysis, Technological developments in the Battery Recycling market, Battery Recycling supply chain analysis• Battery Recycling trade analysis, Battery Recycling market price analysis, Battery Recycling supply/demand• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products• Latest Battery Recycling market news and developmentsThe Battery Recycling Market international scenario is well established in the report with separate chapters on North America Battery Recycling Market, Europe Battery Recycling Market, Asia-Pacific Battery Recycling Market, Middle East and Africa Battery Recycling Market, and South and Central America Battery Recycling Markets. These sections further fragment the regional Battery Recycling market by type, application, end-user, and country. Regional Insights North America Battery Recycling market data and outlook to 2034United StatesCanadaMexicoEurope Battery Recycling market data and outlook to 2034GermanyUnited KingdomFranceItalySpainBeNeLuxRussiaAsia-Pacific Battery Recycling market data and outlook to 2034ChinaJapanIndiaSouth KoreaAustraliaIndonesiaMalaysiaVietnamMiddle East and Africa Battery Recycling market data and outlook to 2034Saudi ArabiaSouth AfricaIranUAEEgyptSouth and Central America Battery Recycling market data and outlook to 2034BrazilArgentinaChilePeru* We can include data and analysis of additional coutries on demandWho can benefit from this researchThe research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways1. The report provides 2024 Battery Recycling market sales data at the global, regional, and key country levels with a detailed outlook to 2034 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.2. The research includes the Battery Recycling market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment3. The Battery Recycling market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business5. The study assists investors in analyzing Battery Recycling business prospects by region, key countries, and top companies' information to channel their investments.Available CustomizationsThe standard syndicate report is designed to serve the common interests of Battery Recycling Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication. However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.Some of the customization requests are as mentioned below –Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice. Battery Recycling Pricing and Margins Across the Supply Chain, Battery Recycling Price Analysis / International Trade Data / Import-Export Analysis, Supply Chain Analysis, Supply – Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Battery Recycling market analyticsProcessing and manufacturing requirements, Patent Analysis, Technology Trends, and Product InnovationsFurther, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.Customization of up to 10% of the content can be done without any additional charges.Note: Latest developments will be updated in the report and delivered within 2 to 3 working days

Published:Feb-2025