Middle East and Africa Charcoal Market Will Reach USD 4,604.01 million by 2029

Market Definition

Charcoal is a manmade black carbon residue product that is produced the plant material such as wood. This process is carried out in the presence of oxygen to remove volatile and water constitutes Due to increased demand for the product in recreational cooking and metal manufacturing, building & construction, healthcare, industrial filtration, and pharmaceutical applications, the Middle East and Africa charcoal market is estimated to develop significantly over the forecast period. In recreational cooking, charcoal can be used as a substitute for coal. In addition, the increased popularity of barbeque cooking in restaurants is likely to boost demand for charcoal.

Data Bridge Market Research analyses that the Middle East and Africa charcoal market is expected to reach the value of USD 4,604.01 million by 2029, at a CAGR of 2.9% during the forecast period. The charcoal market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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The leading Middle East and Africa Charcoal market report is a valuable source of information with which businesses can gain a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. This report highlights key market dynamics of sector and encompasses historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. A lot of hard work has been involved while generating this market analysis report where no stone is left unturned. Thus, Middle East and Africa Charcoal marketing report provides a comprehensive analysis on the study of this industry with respect to a number of aspects.

Charcoal Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increase in urbanization and rapid industrialization had created substantial demand for charcoal

The demand for charcoal is increasing mainly due to urban population in developing countries. More than half the Middle East and Africa population now lives in cities, and urban-dwellers are restricted to charcoal use because of easiness of production, access, transport, and tradition. Urbanization have influenced the type of fuels used and also the total energy consumption for different functions which have further increased the demand for charcoal production across the region.

• Rise in consumption of barbequed food

In much of the world, barbecuing is practically very common activity in many regions especially in summer time. And while some people grill with gas and electricity, many people also prefers grilling with charcoal gives their food with a particularly smoky flavour. Furthermore, charcoal is mostly used for recreational barbecuing in places like North America and Europe, but it’s the primary cooking fuel in most African nations. In addition, it is reported that the market is majorly driven by the rising influence of grilled food worldwide and the growing adoption of grilled food among millennials. In addition, lockdown restrictions and the need to maintain social distancing due to the ongoing COVID-19 pandemic have resulted in more number of people staying at home. Thereby, an increasing number of people have been engaged in-home cooking and organizing small social events at home. This situation has resulted in an increasing demand for home cooking equipment and materials.

Opportunity

• Shift towards improved stove and higher efficiencies

Traditional stoves for heating and cooking at the household level are typically inefficient and generate considerable indoor air pollution, which can be deleterious to human health. Improved cook stoves have been deployed in many countries in attempts to improve cooking and heating efficiency and reduce indoor pollution in domestic households. Furthermore, charcoal can be burned cleanly and safely if prepared properly and used correctly in efficient appliances. Improved cook stoves are convex in shape and insulated on all sides. Because of their insulation, they require less charcoal to generate an equivalent amount of useful heat, and they retain heat for longer. Also, recently there is the introduction of improved cook stoves that can reduce GHG emissions by improving fuel efficiency and thereby reducing demand for charcoal for the same quantity of cooking energy.

Some of the major players operating in the charcoal market are
E & C Charcoal,
Jumbo Charcoal (Pty) Ltd.,
Etosha ,
The Clorox Company,
NamCo Charcoal and Timber Products,
Namchar
Mesjaya Sdn Bhd.

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Post COVID-19 Impact on Charcoal Market

COVID-19 created a major impact on the charcoal market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods.

The COVID-19 pandemic has impacted the charcoal market to an extent in negative manner. So, the market has resulted in a lower estimated year-on-year growth rate as compared with 2019 because of the fewer amounts of activities of the sectors associated with the charcoal market. However, the growth has been high after the market has opened after COVID-19, and it is expected that there would be considerable growth in the sector owing to higher demand of barbequed food. And this factor is further expected to drive the overall growth of the market.

Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the charcoal. With this, the companies will bring advanced technologies to the market. In addition, government initiatives for usage of electric vehicle has led to the market’s growth

Recent Development

• In March 2022, Kingsford Products Company, a subsidiary of The Clorox Company launched new product line of signature flavored charcoals and hardwood pellets. The main objective of this product launch is to improve the grilling experience with various flavor and aroma. This will improve the product portfolio of the company

  Middle East and Africa Charcoal Market Scope

The charcoal market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Lump Charcoal
• Charcoal Briquettes
• Japanese Charcoal
• Sugar Charcoal
• Others

On the basis of product, the Middle East and Africa charcoal market is segmented into lump charcoal, charcoal briquettes, Japanese charcoal, sugar charcoal, others.

Application

• Outdoor Activities
• Restaurant Business
• Metallurgical Fuel
• Industrial Fuel
• Filtration
• Others

On the basis of application, the Middle East and Africa charcoal market has been segmented into below outdoor activities, restaurant business, metallurgical fuel, industrial fuel, filtration, others.

Charcoal Market Regional Analysis/Insights

The charcoal market is analysed and market size insights and trends are provided by country, product, and application as referenced above.

The countries covered in the charcoal market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa. Egypt dominates the Middle East and Africa charcoal market. Egypt has demonstrated massive demand for cheaper and more efficient wood fuel.

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Related Reports:

https://www.databridgemarketresearch.com/reports/global-charcoal-market

https://www.databridgemarketresearch.com/reports/north-america-charcoal-market

https://www.databridgemarketresearch.com/reports/europe-charcoal-market

https://www.databridgemarketresearch.com/reports/asia-pacific-charcoal-market

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