Market Overview:
The global charcoal briquette market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in demand for charcoal briquettes from metallurgical industries and an increase in awareness about the benefits of using charcoal briquettes over traditional fuels. The global charcoal briquette market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wood type and other types. Wood-based charcoal briquettes are expected to dominate the global market due to their high heat output and low ash content as compared to other types of charcoals. On the basis of application,the market is divided into metallurgical industry, BBQs, and other applications.
Product Definition:
A charcoal briquette is a small, dense block of charcoal that is used to start fires. It is made by compressing charcoal powder into a mold and then heating it until it hardens.
Wood Type:
Wood Type is one of the important factors that affects the quality and quantity of charcoal Briquette produced from a particular wood source. There are many different types of trees that produce hardwood timber, which can be used for charcoal production. Oak, maple, hickory, pecan and fruit orchards such as apple orchards are some common types of trees found in North America that provide high-quality raw material for producing charcoal briquettes.
Other:
Other is the part of fuel that remains after charcoal briquettes are made from wood. Other fuels include hardwood, coal, and peat. It can be used in place of charcoal for cooking as it has high heat content and burns for a long time period with no water present.
Application Insights:
The metallurgical industry was the largest application segment in 2017 and accounted for over 50% of the global charcoal briquette market. The demand is expected to be driven by increasing steel production across various economies including China, India, Japan and South Korea. Moreover, growing demand for iron ore from Brazil owing to high steel consumption in construction and automotive industries will drive product demand further.
The BBQ segment is projected to register a significant CAGR of XX% during the forecast period owing to rising disposable income among consumers especially in emerging markets such as India, China and Brazil which has resulted in an increased number of restaurants at a domestic level as well as international level which has boosted the product sales significantly over last few years.
Regional Analysis:
Asia Pacific dominated the global charcoal briquette market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global production owing to large scale availability of raw material coupled with high demand from metallurgical industry and BBQ restaurants. China, India, Japan, Australia are some of the major consumers in Asia Pacific region.
North America is projected to grow at a significant rate over the forecast period owing to increasing awareness regarding health benefits associated with charcoal based products such as lower cholesterol levels and protection against cancer due to higher level of antioxidants present in them. Increasing number of restaurants that use gas or electric smokers for cooking food will drive growth further. U S alone has more than 6 million barbeque grill owners who will boost product demand significantly over next eight years which otherwise would have faced sluggish growth during recession period between 2007-09 where overall consumption was down by 2%.
Growth Factors:
- Increasing demand for charcoal briquettes from the residential sector as a result of growing awareness about their benefits over traditional fuels such as wood and coal.
- Rising popularity of barbecuing and outdoor cooking as a leisure activity, which is boosting demand for charcoal briquettes.
- Rapid urbanization in developing countries, where there is an increasing preference for using charcoal briquettes over traditional fuels due to their easy availability and low cost.
- Growing use of biomass energy in industries such as cement production, metal smelting, etc., which is leading to an increase in the overall demand for charcoal briquettes worldwide.
- Technological advancements that have led to the development of more efficient and user-friendly charcoal briquetting machines, making them more accessible to small-scale producers
Scope Of The Report
Report Attributes
Report Details
Report Title
Charcoal Briquette Market Research Report
By Type
Wood Type, Other
By Application
Metallurgical Industry, BBQ, Other
By Companies
Plantar Group, Carvão São Manoel, Gryfskand, Blackwood Charcoal, Matsuri International, Paraguay Charcoal, Jumbo Charcoal, VIET GLOBAL IMEX, Sagar Charcoal Depot, Namco CC, Ignite Products, Carbon Roots International, Sichuan Shuangli Yonghui Tanye, BRICAPAR SAE, Clorox, Oxford Charcoal Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Charcoal Briquette Market Report Segments:
The global Charcoal Briquette market is segmented on the basis of:
Types
Wood Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgical Industry, BBQ, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Plantar Group
- Carvão São Manoel
- Gryfskand
- Blackwood Charcoal
- Matsuri International
- Paraguay Charcoal
- Jumbo Charcoal
- VIET GLOBAL IMEX
- Sagar Charcoal Depot
- Namco CC
- Ignite Products
- Carbon Roots International
- Sichuan Shuangli Yonghui Tanye
- BRICAPAR SAE
- Clorox
- Oxford Charcoal Company
Highlights of The Charcoal Briquette Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wood Type
- Other
- By Application:
- Metallurgical Industry
- BBQ
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Charcoal Briquette Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Charcoal briquette is a type of charcoal made from compressed wood or other plant matter.
Some of the major companies in the charcoal briquette market are Plantar Group, Carv£o S£o Manoel, Gryfskand, Blackwood Charcoal, Matsuri International, Paraguay Charcoal, Jumbo Charcoal, VIET GLOBAL IMEX, Sagar Charcoal Depot, Namco CC, Ignite Products, Carbon Roots International, Sichuan Shuangli Yonghui Tanye, BRICAPAR SAE, Clorox, Oxford Charcoal Company.
The charcoal briquette market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Charcoal Briquette Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Charcoal Briquette Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Charcoal Briquette Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Charcoal Briquette Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Charcoal Briquette Market Size & Forecast, 2018-2028 4.5.1 Charcoal Briquette Market Size and Y-o-Y Growth 4.5.2 Charcoal Briquette Market Absolute $ Opportunity
Chapter 5 Global Charcoal Briquette Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Charcoal Briquette Market Size Forecast by Type
5.2.1 Wood Type
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Charcoal Briquette Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Charcoal Briquette Market Size Forecast by Applications
6.2.1 Metallurgical Industry
6.2.2 BBQ
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Charcoal Briquette Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Charcoal Briquette Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Charcoal Briquette Analysis and Forecast
9.1 Introduction
9.2 North America Charcoal Briquette Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Charcoal Briquette Market Size Forecast by Type
9.6.1 Wood Type
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Charcoal Briquette Market Size Forecast by Applications
9.10.1 Metallurgical Industry
9.10.2 BBQ
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Charcoal Briquette Analysis and Forecast
10.1 Introduction
10.2 Europe Charcoal Briquette Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Charcoal Briquette Market Size Forecast by Type
10.6.1 Wood Type
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Charcoal Briquette Market Size Forecast by Applications
10.10.1 Metallurgical Industry
10.10.2 BBQ
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Charcoal Briquette Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Charcoal Briquette Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Charcoal Briquette Market Size Forecast by Type
11.6.1 Wood Type
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Charcoal Briquette Market Size Forecast by Applications
11.10.1 Metallurgical Industry
11.10.2 BBQ
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Charcoal Briquette Analysis and Forecast
12.1 Introduction
12.2 Latin America Charcoal Briquette Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Charcoal Briquette Market Size Forecast by Type
12.6.1 Wood Type
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Charcoal Briquette Market Size Forecast by Applications
12.10.1 Metallurgical Industry
12.10.2 BBQ
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Charcoal Briquette Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Charcoal Briquette Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Charcoal Briquette Market Size Forecast by Type
13.6.1 Wood Type
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Charcoal Briquette Market Size Forecast by Applications
13.10.1 Metallurgical Industry
13.10.2 BBQ
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Charcoal Briquette Market: Competitive Dashboard
14.2 Global Charcoal Briquette Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Plantar Group
14.3.2 Carvão São Manoel
14.3.3 Gryfskand
14.3.4 Blackwood Charcoal
14.3.5 Matsuri International
14.3.6 Paraguay Charcoal
14.3.7 Jumbo Charcoal
14.3.8 VIET GLOBAL IMEX
14.3.9 Sagar Charcoal Depot
14.3.10 Namco CC
14.3.11 Ignite Products
14.3.12 Carbon Roots International
14.3.13 Sichuan Shuangli Yonghui Tanye
14.3.14 BRICAPAR SAE
14.3.15 Clorox
14.3.16 Oxford Charcoal Company