DUBLIN--(BUSINESS WIRE)--The "Charcoal Market by Type, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global charcoal market is projected to reach $6,492.8 million by 2023.
The market growth is primarily driven by the growing applications of charcoal as a metallurgical fuel in the smelting and sintering of iron ores, case hardening of steel, and production of pure silicon and ferro-silicon.
Based on application, the charcoal market is segmented into metallurgical fuel, barbecue, industrial, filtration, and others, where the category of others includes medical, pharmaceutical, horticulture, automotive, and art applications. Metallurgical fuel is estimated to contribute the largest revenue to the market in 2017, accounting for more than 65.0%.
LATAM is estimated to contribute more than 45.0% revenue share to the charcoal market in 2017. The region is expected to continue holding the largest share in the market in the coming years, owing to the high growth of the exhaustive energy industry, such as the metallurgical industry, and the increasing production of cement.
Asia-Pacific (APAC) is estimated to be the second-largest charcoal market in 2017, with a value share of more than 20.0%. The major growth driver for the market in the region is the increase in the use of sugar charcoal for the production of artificial diamonds.
Companies Mentioned:
- Royal Oak Enterprises LLC
- Maurobera SA
- GRYFSKAND SP z o.o.
- Sagar Charcoal Depot
- Parker Charcoal Company
- NAMCHAR (Pty.) Ltd.
- Timber Charcoal Company LLC
- Bricapar S.A.E.
- Duraflame Inc.
- Kingsford Products Company LLC
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size And Forecast
Chapter 6. North America Market Size And Forecast
Chapter 7. Europe Market Size And Forecast
Chapter 8. Apac Market Size And Forecast
Chapter 9. Latam Market Size And Forecast
Chapter 10. Mea Market Size And Forecast
Chapter 11. Competitive Landscape
Chapter 12. Company Profiles
Chapter 13. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tgqt9r/global_charcoal?w=4
