Wood Vinegar Market accounted for US$ 4.23 billion in 2020 and is estimated to be US$ 8.70 billion by 2030 and is anticipated to register a CAGR of 7.50%. The destructive distillation procedure is used to make wood vinegar.

Expanding levels of ozone-depleting substances in the climate and expanding a worldwide temperature alteration are persistently expanding the danger of pests and illnesses. These risks associated with the utilization of pesticides are fuelling the ubiquity of wood vinegar among end-users, in this way pushing wood vinegar market development.

The emerging popularity of organic farming is boosting the demand for natural pesticides and other chemicals and wood vinegar is one such natural substitute for those harmful chemicals. Hence, growing shift towards organic farming is one of the most promising areas for wood vinegar manufacturers to expand their position, thereby driving the wood vinegar market growth during the next five years.