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
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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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