May 26, 2017   SOURCE: BusinessWire

Global Wood Vinegar Market to Grow at a CAGR of 7.4% by 2023 - Key Vendors are ACE, Canada Renewable Bioenergy Corporation, Nettenergy, New Life Agro, Tagrow, Pyro Tech Energy Pty Ltd & Verdilife - Research and Markets

Research and Markets has announced the addition of the "Global Wood Vinegar Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

The global wood vinegar market is expected to grow with the CAGR of approximately 7.4% during the forecast period (2016-2023).

The major factors responsible for the growth of wood vinegar market are increasing adoption of organic farming, increasing application across various sectors such as agriculture, pharmacy etc. and growth in animal feed industry. The global wood vinegar market has a prime effect on agriculture sector. For example: A bio-based agricultural input as it supports to increase the quality, yield and level of nutritioninthe crops produced, which has led to its significant demand across the globe. Moreover, increasing demand for food products that are safe for consumption, especially in developed countries are restricting the demand for crop protection chemicals and enables the demand for wood vinegar in agriculture sector.

Furthermore, stringent regulations on crop protection chemicals are further boosting the demand of wood vinegar market. However, increasing health consciousness among people and increasing government support for organic food products that are produced with the use of organic agricultural inputs and organic agricultural practices has led to the rise in usage of wood vinegar in agriculture. However, the harmful effects of wood vinegar are acting as a major restraint for the market.

Companies Mentioned

  • Ace
  • Byron Biochar
  • Canada Renewable Bioenergy
  • Dongying Runyi Biological Technology
  • Nakashima Trading
  • Nettenergy
  • New Life Agro
  • Pyrotech Energy
  • Shijiazhuang Keqin Trading
  • Tagrow
  • Tianjin Fuqin Science & Technology
  • Verdilife

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/s7lx7w/global_wood