Wood Vinegar Market: Rising consumption of organic products to drive the market demand

Wood vinegar, also referred as pyroligneous acid, wood acid, or liquid smoke is a liquid generated from the carbonization of biomass. The basic raw materials used in its production include various types of biomass feedstock. Biomass feedstock used in wood vinegar production includes organic matter such as wood, agricultural waste, or waste from materials of biological origin, whereas biomass from inorganic matter includes municipal solid waste. Wood pellets and chips from eucalyptus, acacia, oak are the most commonly preferred biomass products.

The most prevalent forces driving the market growth are government policies promoting natural farming and increasing consumers’ preference for naturally derived products, especially in Asia Pacific and North America. Government policies governing sustainability are encouraging industries to adopt cleaner ways of biofuel production such as gasification pyrolysis. Biofuel production from gasification pyrolysis process yields bi-products such as pyroligneous acid, bio-char, and bio-gas. As long as the industries adopt sustainable production methods, the production of pyroligneous acid is expected to increase considerably.

Increasing threats to human health through dreaded diseases from consumption of meat produced from animal origin, is bringing a shift in the livestock industry to turn towards infection-resistant animal feed from natural sources. In order to meet the growing demand from various application industries, manufacturers of pyroligneous acid are thriving innovation for its large-scale production.

Various governments from Asia Pacific counties such as China, India and, Japan are spearheading the organic farming movement at local, regional and national level. As a result, the wood vinegar applications in agriculture dominated the global market, on account of rising demand for organic pesticides. Also, wood vinegar blended with bio-char stimulates the soil fertility and plant growth. Globally, demand for livestock fodder free from Genetically Modified Organisms (non-GMO) is increasing. In this regards, its use as a natural animal feed is expected to witness surge in the growth over the forecast period.

Asia Pacific was leading the global market in terms of revenue in 2016 and is anticipated to continue its dominance over the forecast period (2017-2025). Manufacturers are expanding their foot print in Asia Pacific and African countries supported by favorable conditions such as quality raw material supply, labor and demand for natural products, as this region has abundant resources and vast areas of farm land. The key players in the global market includeNew Life Agro, Sort of Coal ApS, VerdiLife LLC, Taiko Pharmaceutical Co., Ltd, Nettenergy B.V., and Applied Gaia Corporation.

In-depth report on global wood vinegar market by Grand View Research:
https://www.grandviewresearch.com/industry-analysis/wood-vinegar-market