The Great Growth of the Charcoal Market
How SuperChar Will Disrupt the Market
Sometimes the simplest of resources are in the highest demand. People forget that many of the basic resources such as Traditional Wood Charcoal are used in multiple industries and not just for BBQ. Within this century, the charcoal market will see a huge increase in demand caused by various factors. First of all, we need to take into consideration that a large part (2.6 Billion) of the third world population is still using charcoal as their main source of energy due to the lack of infrastructure for energy systems.
The Fast-Evolving Charcoal Market
Brazil is on top of the demand list with 6,467 million tones per year, a demand that keeps on growing in correlation with the population of the country. In 2018 the charcoal market has seen a record of $5.9 billion and in 2024 the market is estimated to reach $6.6 billion. That is an increase of almost a billion dollars in just 6 years and we are talking about an industry that is centuries old.
This is not only due to the large increase of population in Third World countries, but also the integration of…
