Wood Vinegar Market Highlights
The liquid obtained from pyrolysis process of fresh wood is known as wood vinegar. Wood vinegar contains germicidal ingredients such as methanol & phenol, which leads to strong germicidal effect on plants. Due to this, it improves the crop yield and improves seeds for germination.
By application, The Global Wood Vinegar Market Trends has been segmented into agriculture, animal feed, food & beverages, and others. The agriculture segment is expected to garner the highest revenue share of the global wood vinegar market owing to the growing agriculture industry worldwide. It is used as a bio-pesticides and fertilizer, as it has various benefits such as improving soil quality, stimulating cell growth and strengthening leaves and roots of the plants.
Some of the key players in The Global Wood Vinegar Market are Ace Singapore Pte Ltd (Singapore), Canada Renewable Bioenergy Corp (Canada), 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), and Taiko Pharmaceutical Co.,Ltd. (Japan).
The Global Wood Vinegar Market has been segmented by region, into North America, Europe, Asia-Pacific, and Rest of the World.
Asia-Pacific is expected to lead The Global Wood Vinegar Market due to growing preference for organic pesticides in agriculture industry. Owing to this, governments in Asian countries such as India, China, Australia, New Zealand and Japan are promoting the organic farming culture.
The Wood Vinegar Market in North America is expected to be the fastest-growing during the review period owing to the growing demand for bio fertilizers and bio-pesticides. Wood vinegar is a bio-fertilizer, which aids to increase soil microbial weight, improves soil, firmness, and preservation of fruit and to stimulate development of crops.
The Global Wood Vinegar Market has further been segmented by pyrolysis method and application.
By pyrolysis method, The Global Wood Vinegar Market has been classified as slow pyrolysis, fast pyrolysis, and intermediate pyrolysis.
The global wood vinegar market has also been segregated, based on application, into agriculture, animal feed, food & beverages and others.
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