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Charcoal Market

Charcoal Market By Charcoal Type (Lump, Briquettes, Binchotan (White Charcoal), Coconut, Others (Mangrove, Shisha, Sawdust, Root, etc.)), By End-use (Metallurgy, Barbecue, Industrial, Filtration, Others (Medical, Pharma, Horticulture, etc.)) – Growth, Share, Opportunities & Competitive Analysis, 2019 -2027
Report Book

Published Date: Jan. 2020
Category: Energy
Report ID: 60148
Report Format: PDF
No of Pages: 190

Rating: Credence Reports

Increasing applications of charcoal from food to filtration is keeping the market growth

With the growing urbanization and industrialization across the globe, many environmental challenges have popped up world. With the stringent environmental laws for treating industrial wastewater, there is a high demand for charcoal. Also, a new trend of barbecued food created ample opportunities for charcoal manufacturers in the recent past. Moreover, industries are opting for charcoal instead of coal to minimize carbon dioxide emissions while producing silicon. This has provided a good opportunity for the market to grow in 2018.

Along with the above market scenario, charcoal is widely used in urban areas because of its advantages, such as high calorific value than firewood. In addition, easy transportation over long distances and less room for storage, smokeless, sulfur-free made it the ideal choice for barbecues across the world to opt for charcoal for use in their BBQs. Moreover, unlike firewood, charcoal is not deteriorated by fungi or insects. Such benefits offered by charcoal have high demand in the global market. In 2018, the global charcoal market was US$ 6.86 Bn and was expected to grow with a CAGR of 4.2% from 2019 to 2027.

Market Snapshot

End-use Analysis

Major share of the charcoal market is gained by metallurgical industry

Increasing demand from the steel industry has an impact on the charcoal market. Charcoal is widely used in the metallurgical industry on accounts of its advantages, such as clean fuel, high thermal efficiency, low cost, and investment. Along with it, the previously used coke during iron and steel making brought smoke and other pollutants. With the stringent environmental norms, the demand for charcoal in metallurgical applications has increased in the last few years.

Regional Analysis

Latin America captured the major share owing to industrial growth

Latin America was the largest market for the charcoal market in 2018. The regional charcoal market is driven by rapid industrialization, booming construction industry along with cement production, and an increase in several barbecue restaurants. In addition, with the growth of steel, automotive, construction, and infrastructure industries in Brazil and Mexico, there is a high demand for charcoal in the region.

Additionally, in the Middle East and Africa, there is a growing demand for charcoal from an increasing number of barbecues, which in turn, further drives the market in 2018. Overall, the rest of the world, consisting of Latin America and MEA, captured over 30% of the global charcoal market in 2018.

Emerging partnership trend is keeping the market competitive

The charcoal market is fragmented, and market players are focusing on partnerships with other players to bolster their market position. Following is the list of companies covered in this report.

Key Industry Development:

  • In May 2017, Kingsford Products Company filed a government petition to make barbecue ribs a national food across North America. The company also introduced Kingsford Long Burning briquettes that last almost 25% longer than Kingsford Original. With this launch, the company expected to improve its market share in the region in the coming years.
  • In September 2017, CBQ, LLC, a Carl Buddig & Company subsidiary, collaborated with Kingsford Products Company, a subsidiary of the Clorox Company, to produce ribs cooked in advanced barbecue entrees. With this multiyear agreement, both companies desired to capture a good share in the barbecued food category market.

List of Companies Covered:

  • Duraflame, Inc.
  • Royal Oak Enterprises, LLC.
  • BRICAPAR SA
  • Timber Charcoal Company LLC
  • Sagar Charcoal and Firewood Depot.
  • Namche
  • Mesjaya Sdn Bhd
  • Gryfskand sp. Z o. O.
  • MAUROBERA SA
  • Kingsford Products Company
  • Others

Historical & Forecast Period

The research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Segmentation Charcoal Type Segment (2017-2027; US$ Bn)

  • Lump
  • Briquettes
  • Binchotan (White Charcoal)
  • Coconut
  • Others (Mangrove, Shisha, Sawdust, Root, etc.)

 End-use Segment (2017-2027; US$ Bn)

  • Metallurgy
  • Barbecue
  • Industrial
  • Filtration
  • Others (Medical, Pharma, Horticulture, etc.)

 Geography Segment (2017–2027; US$ Bn)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand the global charcoal market better. In addition, the global report also comprises a graphical representation of a competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

Unique data points of this report

  • Recent trends across different regions in terms of the development of the charcoal market
  • Attractive investment proposition for application segment as well as geography

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Charcoal Market
2.2. Global Charcoal Market, by Type, 2018 (US$ Bn)
2.3. Global Charcoal Market, by End-use, 2018 (US$ Bn)
2.4. Global Charcoal Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global Charcoal Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Charcoal Market, by Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Lump
4.3. Briquette
4.4. Binchotan
4.5. Coconut
4.6. Others (Mangrove, Shisha, Sawdust, Root, etc.)

5. Global Charcoal Market, by End-use, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Metallurgy
5.3. Barbecue
5.4. Industrial
5.5. Filtration
5.6. Others (Medical, Pharma, Horticulture, etc.)

6. North America Charcoal Market Analysis, 2017 – 2027 (US$ Bn)
6.1. Overview
6.1.1. North America Charcoal Market Value and Growth, 2017 – 2027, (US$ Bn)
6.2. North America Charcoal Market Value, By Type, 2017 – 2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America Charcoal Market Value, By End-use, 2017 – 2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America Charcoal Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Charcoal Market Analysis, 2017 – 2027 (US$ Bn)
7.1. Overview
7.1.1. Europe Charcoal Market Value and Growth, 2017 – 2027, (US$ Bn)
7.2. Europe Charcoal Market Value, By Type, 2017 – 2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe Charcoal Market Value, By End-use, 2017 – 2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe Charcoal Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Charcoal Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific Charcoal Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. Asia Pacific Charcoal Market Value, By Type, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific Charcoal Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific Charcoal Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Charcoal Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World Charcoal Market Value and Growth, 2017 – 2027, (US$ Bn)
9.2. Rest of the World Charcoal Market Value, By Type, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World Charcoal Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World Charcoal Market Value, By Region, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. Duraflame, Inc.
10.2. Royal Oak Enterprises, LLC.
10.3. BRICAPAR SA
10.4. Timber Charcoal Company LLC
10.5. Sagar Charcoal and Firewood Depot.
10.6. Namchar
10.7. Mesjaya Sdn Bhd
10.8. Gryfskand sp. Z o. O.
10.9. MAUROBERA SA
10.10. Kingsford Products Company

List of Figures

FIG. 1 Global Charcoal Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Charcoal Market Segmentation
FIG. 4 Global Charcoal Market, by Type, 2018, (US$ Bn)
FIG. 5 Global Charcoal Market, by End-use, 2018, (US$ Bn)
FIG. 7 Global Charcoal Market, by Geography, 2018 (US$ Bn)
FIG. 8 Global Charcoal Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key Charcoal Manufacturers, 2018
FIG. 11 Global Charcoal Market Value Share, by Type, 2018 & 2027 (Value %)
FIG. 12 Global Charcoal Market Value for Lump, 2017 – 2027, (US$ Bn)
FIG. 13 Global Charcoal Market Value for Briquette, 2017 – 2027, (US$ Bn)
FIG. 13 Global Charcoal Market Value for Binchotan, 2017 – 2027, (US$ Bn)
FIG. 13 Global Charcoal Market Value for Coconut, 2017 – 2027, (US$ Bn)
FIG. 13 Global Charcoal Market Value for Others, 2017 – 2027, (US$ Bn)
FIG. 15 Global Charcoal Market Value Share by End-use, 2018 & 2027 (Value %)
FIG. 16 Global Charcoal Market Value for Metallurgy, 2017 – 2027, (US$ Bn)
FIG. 17 Global Charcoal Market Value for Barbecue, 2017 – 2027, (US$ Bn)
FIG. 18 Global Charcoal Market Value for Industrial, 2017 – 2027, (US$ Bn)
FIG. 17 Global Charcoal Market Value for Filtration, 2017 – 2027, (US$ Bn)
FIG. 18 Global Charcoal Market Value for Others, 2017 – 2027, (US$ Bn)
FIG. 24 North America Charcoal Market Value, 2017 – 2027, (US$ Bn)
FIG. 25 Europe Charcoal Market Value, 2017 – 2027, (US$ Bn)
FIG. 26 Asia Pacific Charcoal Market Value, 2017 – 2027, (US$ Bn)
FIG. 27 Rest of the World Charcoal Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Charcoal Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Charcoal Market, by Type, 2017-2027, (US$ Bn)
TABLE 5 Global Charcoal Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 7 Global Charcoal Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 8 North America Charcoal Market, by Type, 2017-2027, (US$ Bn)
TABLE 9 North America Charcoal Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 11 North America Charcoal Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 12 Europe Charcoal Market, by Type, 2017-2027, (US$ Bn)
TABLE 13 Europe Charcoal Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 15 Europe Charcoal Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 16 Asia Pacific Charcoal Market, by Type, 2017-2027 (US$ Bn)
TABLE 17 Asia Pacific Charcoal Market, by End-use, 2017 – 2027 (US$ Bn)
TABLE 19 Asia Pacific Charcoal Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 20 Rest of the World Charcoal Market, by Type, 2017 – 2027, (US$ Bn)
TABLE 21 Rest of the World Charcoal Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 23 Rest of the World Charcoal Market Value, by Region, 2017 – 2027, (US$ Bn)
TABLE 24 Duraflame, Inc.: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Royal Oak Enterprises, LLC: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 BRICAPAR SA: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Timber Charcoal Company LLC: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Sagar Charcoal and Firewood Depot: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Namchar: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Mesjaya Sdn Bhd: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Gryfskand sp. Z o. O.: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 MAUROBERA SA: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 Kingsford Products Company: Company Snapshot (Business Description; End-use Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions

What is the size of Charcoal Market?

The market for Charcoal is expected to reach US$ 6.86 Bn in 2027.

What is the Charcoal Market CAGR?

The Charcoal market is expected to see significant CAGR growth over the coming years, at 4.2%.

What is the Forecast period considered for Charcoal Market?

The report is forcasted from 2019-2027.

What is the base year considered for Charcoal Market?

The base year of this report is 2018.

Who are the major players in this market?

Duraflame, Inc., Royal Oak Enterprises, LLC., BRICAPAR SA, Timber Charcoal Company LLC, Sagar Charcoal and Firewood Depot., Namchar, Mesjaya Sdn Bhd, Gryfskand sp. Z o. O. are some of the major players in the global market.

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