Increasing support from various governments for adoption of organic farming methods by small-farm holders for improved crop yield is the key factor driving the market growth. In addition, rapid expansion of organic farming in Asia Pacific is expected to boost the market demand further.
The Global Wood Vinegar Market is expected to reach USD 6.6 million by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc.
Wood vinegar, a natural extract from woods, makes it a better choice in agriculture pesticides category, as compared to animal feed and natural pesticides. The market is mainly driven by its varied uses in agriculture and animal husbandry industry, as it is accepted as a nutrient supplement by farmers and livestock producers, who seek to improve their crop yield by using bio pesticides.
In terms of revenue, agriculture segment accounted as the major application industry in 2016 and is estimated to continue its dominance with a share of 42.6% by 2025, as it is preferred as an organic pesticide and soil fertility enhancer.
Globally, various governments and institutions are promoting the use of bio-degradable and non-toxic chemicals in farming. Such initiatives are boosting the growth of its applications in agriculture sector.
To Know More About Wood Vinegar Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/wood-vinegar-market
The demand for wood vinegar market is expected to surge owing to its increased acceptance from consumers globally. Abundant resources of wood biomass in Asia Pacific region are helping the farmers to produce wood vinegar domestically. In addition, it adds economic value to those farmers who cannot afford premium synthetic chemicals.
Top Players of Wood Vinegar Market:
Key players including Wood Vinegar Australia, Sort of Coal ApS, VerdiLife LLC, Taiko Pharmaceutical Co., Ltd, Nettenergy B.V. and Applied Gaia Corporation dominated the global market.
Market Segments of Wood Vinegar Market:
The Global Wood Vinegar Market Segmented on the basis of Application and Method Type.
By Application:
• Agriculture
• Animal-Feed
• Food, Medicinal, and Consumer Products
By Method Type:
• Slow Pyrolysis
• Intermediate Pyrolysis
• Fast Pyrolysis
Inquire About Wood Vinegar Market with Our Experts @ http://bit.ly/2KQ8Aht
The Global Wood Vinegar Market is expected to reach USD 6.6 million by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc.
Wood vinegar, a natural extract from woods, makes it a better choice in agriculture pesticides category, as compared to animal feed and natural pesticides. The market is mainly driven by its varied uses in agriculture and animal husbandry industry, as it is accepted as a nutrient supplement by farmers and livestock producers, who seek to improve their crop yield by using bio pesticides.
In terms of revenue, agriculture segment accounted as the major application industry in 2016 and is estimated to continue its dominance with a share of 42.6% by 2025, as it is preferred as an organic pesticide and soil fertility enhancer.
Wood Vinegar Market |
To Know More About Wood Vinegar Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/wood-vinegar-market
The demand for wood vinegar market is expected to surge owing to its increased acceptance from consumers globally. Abundant resources of wood biomass in Asia Pacific region are helping the farmers to produce wood vinegar domestically. In addition, it adds economic value to those farmers who cannot afford premium synthetic chemicals.
Top Players of Wood Vinegar Market:
Key players including Wood Vinegar Australia, Sort of Coal ApS, VerdiLife LLC, Taiko Pharmaceutical Co., Ltd, Nettenergy B.V. and Applied Gaia Corporation dominated the global market.
Market Segments of Wood Vinegar Market:
The Global Wood Vinegar Market Segmented on the basis of Application and Method Type.
By Application:
• Agriculture
• Animal-Feed
• Food, Medicinal, and Consumer Products
By Method Type:
• Slow Pyrolysis
• Intermediate Pyrolysis
• Fast Pyrolysis
Inquire About Wood Vinegar Market with Our Experts @ http://bit.ly/2KQ8Aht
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