Global Industrial and Bar-b-que Charcoal Market to Grow at 2.4% CAGR through 2025

Albany, USA, 2018-Mar-12 — /EPR Network/ —A new informative research study titled “Industrial and Bar-b-que Charcoal Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been added to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the global industrial bar-b-que charcoal market is projected to increase at a CAGR of nearly 2.4% during the assessment period.

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The report offers detailed analysis and insights on the global industrial and bar-b-que charcoal market for the forecast period 2017-2025. This form of charcoal finds wide-ranging applications in a wide range of end-use industries, including steel, cement, and metallurgy. The report details all the factors that are likely to provide an impetus to the growth of the market during the assessment period.

The global market is projected to grow at a sluggish pace during the assessment period, and it is highly likely that alternatives for industrial and bar-b-que charcoal can stifle demand. According to the report, concerns regarding environmental pollution and stringency in regulations are also likely to curtail growth of the market during the assessment period.

In order to provide detailed analysis of global industrial and bar-b-que charcoal market, the report divides the global market into various segments which are application, product type and region. The application segment has been further bifurcated into industrial (metal, chemical and cement) and bar-b-ques (excluding primary cooking fuel). The region segment divides the global market into some of the key regions geographically which are North America, Europe, Latin America, Asia Pacific and Middles East and Africa.

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The demand for industrial and bar-b-que charcoal has witnessed a steady decline in developed regions. Its use has remained concentrated in developing markets, where regulations surroundings its use are lax. On account of these factors, the demand for industrial and bar-b-que charcoal is likely to remain robust in Latin America. The Latin America industrial and bar-b-que charcoal market is likely to reach revenues worth US$ 2.4 Bn by the end of the forecast period.

In a bid to give readers detailed insights on the industrial and bar-b-que charcoal market, the report offers a detailed competitive landscape, highlighting the business and product strategies of some of the leading players in the market. Some of the key companies profiled in the report are Gryfskand sp. z o.o, MAUROBERA SA, BRICAPAR SAE Charcoal Briquettes, The Saint Louis Charcoal Company, LLC, Timber Charcoal Co., Parker Charcoal Company, Namchar, PT Dharma Hutani Makmur, Duraflame Inc., Royal Oak Enterprises, LLC, Mesjaya Abadi Sdn Bhd and Kingsford Products Company.

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