North America Charcoal Market Growth, Size, Trends, Demand, Share, Revenue and future Outlook
North America Charcoal Market Size– By Product, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: CHEM2457 | Pages: 1 - 152 | Formats*: |
| Category : Chemical & Materials | |||
North America Charcoal Market Market Introduction and Overview
According to SPER Market Research, the North America Charcoal Market is estimated to reach USD 500.29 million by 2033 with a CAGR of 2.03%.
The report includes an in-depth analysis of the North America Charcoal Market, including market size and trends, product mix, Applications, and supplier analysis. Charcoal is a manufactured black carbon residue generated from plant sources such as wood and produced using an oxygen-based process that removes volatile and water components. Charcoal can be used in place of coal for recreational cooking purposes. It is widely used as a cooking and heating fuel because of its high carbon content and ability to achieve high temperatures with little smoke. It is also used in industrial operations such as metallurgy and filtration, as well as in pharmaceutical and cosmetic applications.
- In March 2022, Kingsford Products Company, a division of The Clorox Company, introduced a new range of trademark flavoured charcoals and hardwood pellets. The primary goal of this product launch is to enhance the grilling experience with a variety of flavours and aromas. This will improve the company's product portfolio.
- In February 2022, Royal Oak Charcoal finished building one of the world's largest charcoal plants, extending its current operation in Salem, Missouri. As the sole manufacturer of the Royal Oak brand, the expansion was intended to boost output by at least 50%. By combining cutting-edge technologies such as dust collection systems, this expansion of the factory, which has been in operation for over 50 years, not only increases efficiency but also provides opportunities for skill development among its staff of over 150 employees.
Market Opportunities and Challenges
Opportunities: Traditional residential stoves used for heating and cooking are frequently inefficient and can cause significant indoor air pollution, posing health dangers. In several nations, better cook stoves have been adopted to improve cooking and heating efficiency while reducing indoor pollution. When properly prepared and utilized in efficient appliances, charcoal can be burned cleanly and safely. Improved cook stoves are usually made with a convex form and insulation on all sides. This insulation allows them to use less charcoal to produce the same amount of heat and keep heat for longer periods, which is likely to drive market growth. Furthermore, increased consumer awareness of health and wellness creates a substantial market opportunity, particularly for products such as activated charcoal. Activated charcoal is a type of charcoal that has been processed to enhance its surface area, making it more porous and capable of adsorbing poisons and pollutants.
Challenges: Stringent government regulations may provide substantial hurdles to the charcoal market's expansion in North America. Regulations governing environmental effect, sustainable sourcing, and emissions control can raise production costs and limit market access. Several policies and standards have been implemented to govern charcoal production, with the goal of ensuring product quality and safety. Compliance with these standards can be difficult and time-consuming, especially for smaller companies that may not have the means to meet severe criteria. As a result, the market may experience difficulties in increasing production capacity and matching rising demand, limiting its total growth potential.
Market Competitive Landscape
Details by competitor are provided by the competitive landscape of the North American charcoal market. The company's overview, financials, revenue, market potential, R&D investment, new market initiatives, presence in North America, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are all included in the details. TIMBER CHARCOAL CO, Fire & Flavor, Rancher Charcoal, The Clorox Company, Maurobera, Royal Oak Enterprises, LLC, Duraflame, Inc, HEAT BEADS, Greenlink International CO Ltd, Basques Hardwood Charcoal, and The Oxford Charcoal Company are a few of the major market participants.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application, By End User |
| Regions covered | US, Canada, Mexico, Rest of North America |
| Companies Covered | TIMBER CHARCOAL CO, Fire & Flavor, Rancher Charcoal, The Clorox Company, Maurobera, Royal Oak Enterprises, LLC, Duraflame, Inc, HEAT BEADS, Greenlink International CO Ltd, Basques Hardwood Charcoal, The Oxford Charcoal Company. |
COVID-19 Impact on North America Charcoal Market
The COVID-19 epidemic has had a detrimental influence on the charcoal industry in North America due to temporary lockdowns, curfews, and limitations enforced by the US and Canadian governments. To slow the spread of the disease, charcoal manufacturers had to reduce the number of employees in factories and workshops. This had a direct influence on manufacturing, making it harder to fulfil requests. Furthermore, there has been a decrease in demand for this commodity from end users, including chemical, metallurgical, and filtration product industries, which has hampered the expansion of the North American charcoal market.
Key Target Audience:
- Charcoal Producers and Manufacturers
- Distributors and Suppliers
- Retailers and Wholesalers
- Consumers and End Users
Our in-depth analysis of the North America Charcoal Market includes the following segments:
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| By Application: |
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| By End User: |
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Key Topics Covered in the Report:
- North America Charcoal Market Size (FY’2024-FY’2033)
- Overview of North America Charcoal Market
- Segmentation of North America Charcoal Market By Product (Lump Charcoal, Charcoal Briquettes, Japanese Charcoal, Sugar Charcoal, others)
- Segmentation of North America Charcoal Market By Application (Outdoor Activities, Restaurant Business, Metallurgical Fuel, Industrial Fuel, Filtration, Others)
- Segmentation of North America Charcoal Market By End User (Residential, Water Treatment, Pharmaceutical, Others)
- Statistical Snap of North America Charcoal Market
- Expansion Analysis of North America Charcoal Market
- Problems and Obstacles in North America Charcoal Market
- Competitive Landscape in the North America Charcoal Market
- Impact of COVID-19 and Demonetization on North America Charcoal Market
- Details on Current Investment in North America Charcoal Market
- Competitive Analysis of North America Charcoal Market
- Prominent Players in the North America Charcoal Market
- SWOT Analysis of North America Charcoal Market
- North America Charcoal Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the North America Charcoal Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Charcoal Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Charcoal Market
7. North America Charcoal Market, By Product (USD Million) 2020-2033
7.1. North America Charcoal Market Size, Share and Forecast, By Product, 2020-20267.2. North America Charcoal Market Size, Share and Forecast, By Product, 2027-20337.3. Lump Charcoal7.4. Charcoal Briquettes7.5. Japanese Charcoal7.6. Sugar Charcoal7.7. Others
8. North America Charcoal Market, By Application (USD Million) 2020-2033
8.1. North America Charcoal Market Size, Share and Forecast, By Application, 2020-20268.2. North America Charcoal Market Size, Share and Forecast, By Application, 2027-20338.3. Outdoor Activities8.4. Restaurant Business8.5. Metallurgical Fuel8.6. Industrial Fuel8.7. Filtration8.8. Others
9. North America Charcoal Market, By End User (USD Million) 2020-2033
9.1. North America Charcoal Market Size, Share and Forecast, By End User, 2020-20269.2. North America Charcoal Market Size, Share and Forecast, By End User, 2027-20339.3. Residential9.4. Water Treatment9.5. Pharmaceutical9.6. Others
10. North America Charcoal Market Forecast, 2020-2033 (USD Million)
10.1. North America Charcoal Market Size and Market Share
11. North America Charcoal Market, By Region, 2020-2033 (USD Million)
11.1. North America Charcoal Market Size and Market Share By Region (2020-2026)11.2. North America Charcoal Market Size and Market Share By Region (2027-2033)11.3. US11.4. Canada11.5. Mexico11.6. Rest of North America
12. Company Profile
12.1. Rancher Charcoal12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. The Clorox Company12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Fire & Flavor12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. TIMBER CHARCOAL CO12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. FogoCharcoal12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Mesjaya Abadi Sdn Bhd12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Maurobera12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Royal Oak Enterprises, LLC12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Duraflame, Inc12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. HEAT BEADS12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Greenlink International CO Ltd12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments12.12. Basques Hardwood Charcoal12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments12.13. The Oxford Charcoal Company12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments12.14. Others
13. Conclusion
14. List of Abbreviation
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Charcoal Market is projected to reach USD 500.29 million by 2033, growing at a CAGR of 2.03% during the forecast period.
North America Charcoal Market grew in Market size from 2022. The Market is expected to reach USD 500.29 million by 2033, at a CAGR of 2.03% during the forecast period.
North America Charcoal Market CAGR of 2.03% during the forecast period.
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North America Charcoal Market size is USD 500.29 million from 2024 to 2033.
North America Charcoal Market Segment is covered By Product, By Application, By End User.
The North America is anticipated to have the highest Market share in the North America Charcoal Market.
The key players in the Market include Companies Covered TIMBER CHARCOAL CO, Fire & Flavor, Rancher Charcoal, The Clorox Company, Maurobera, Royal Oak Enterprises, LLC, Duraflame, Inc, HEAT BEADS, Greenlink International CO Ltd.
Charcoal is a manufactured black carbon residue generated from plant sources such as wood and produced using an oxygen-based process that removes volatile and water components.
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