炭化炉市場 – 2029年の世界予測

Carbonization Furnace Market - Global Forecast to 2029

炭化炉市場 - タイプ (連続炭化炉)、原料 (農業廃棄物、林業廃棄物、堅果殻廃棄物)、容量 (<1000 kg/h、1000 ~ 2000 kg/h) 用途 (木炭、木酢液、タール)、地域別 - 2029年の世界予測
Carbonization Furnace Market by Type (Countinous carbonization furnace), Feed Stock (Agricultural waste, Forestry Waste, Nutshell waste), Capacity (<1000 kg/h, 1000-2000 kg/h) Application (Charcoal, Wood Vinegar, Tar), Region - Global Forecast to 2029
出版年月2024年7月
ページ数243
図表数302
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Carbonization furnace market size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period.

炭化炉の市場規模は、2024年の2億6,300万米ドルから2029年までに4億2,500万米ドルに成長すると予測されており、予測期間中に10.1%のCAGRを記録します。

A variety of variables contribute to the carbonization furnace market’s growth and evolution. One of the key motivators is the growing global emphasis on sustainability and environmental protection. As concerns about climate change and carbon emissions grow, industry and governments are actively looking for solutions that increase carbon sequestration while reducing environmental footprint. Carbonization furnaces, particularly those used to generate biochar and charcoal, are critical to these efforts. These furnaces contribute to carbon capture and storage by turning biomass into stable carbon forms, reducing the influence of greenhouse gases.

炭化炉市場 - 2029年の世界予測

“ Forestry waste accounted for the largest share in feedstock segment of Carbonization furnace market in terms of value.”

Forestry waste feedstock dominates the carbonization furnace market due to its quantity, cost-effectiveness, and environmental benefits. Forestry activities such as logging and forest management produce massive volumes of residual biomass, which includes branches, bark, sawdust, and wood chips. This biomass, which is commonly classified as waste, is a widely available and inexpensive feedstock for carbonization furnaces. Using forestry waste solves trash disposal problems by converting what would otherwise be an environmental burden into a profitable resource for biochar and charcoal manufacturing.

The environmental benefits of utilizing forestry waste are enormous. Converting this biomass into biochar or charcoal sequesters carbon that would otherwise be released during decomposition or combustion, which contributes to greenhouse gas emissions and climate change. Biochar produced from forestry waste helps sequester carbon  supports global carbon reduction goals and enhances soil health when applied as a soil amendment. This dual environmental benefit makes forestry waste a highly attractive feedstock.

炭化炉市場 - 2029年の世界予測 ecosystem

“ Charcoal accounted for the largest share in application segment of Carbonization furnace market in terms of value.”

Charcoal applications dominate the carbonization furnace market for a variety of compelling reasons. Primarily, charcoal remains an important and frequently utilised source of fuel in many parts of the world, particularly in developing countries with limited access to modern energy sources. It is widely used for cooking, heating, and industrial activities, offering a dependable and cost-effective energy source for millions of homes and companies. This ongoing demand for charcoal as an energy source is driving the market for carbonization furnaces specifically built for charcoal production. Furthermore, charcoal’s adaptability and broad range of applications add to its global dominance. Aside from its usage as a fuel, charcoal is employed in several industries, including metallurgy, where it is used as a reducing agent in the smelting of metals, and in the production of activated carbon, which has numerous applications in water purification, air filtration, and chemical processing. The agricultural sector also benefits from charcoal as a soil amendment, enhancing soil fertility and crop yields. These diverse applications ensure a steady and robust demand for charcoal, thereby fueling the need for efficient and advanced carbonization furnaces.

“ Countinous Carbonization Furnace accounted for the largest share in application segment of Carbonization furnace market in terms of value.”

Continuous carbonization furnaces are made to run continuously, enabling a steady supply of raw materials and a steady output of biochar. In comparison to batch procedures, this maximizes production efficiency and minimize downtime, resulting in better throughput. Constant operation guarantees a steady and regulated carbonization environment, producing biochar of a constant and homogeneous grade. For industries that need premium biochar for certain uses, this is essential. Modern heat recovery systems are frequently installed in continuous furnaces, which reuse process heat to pre-heat incoming material. This lowers fuel use and improves energy efficiency. Continuous carbonization systems are designed to minimize emissions and improve environmental performance. Advanced emission control technologies can be more effectively integrated into these systems, ensuring compliance with stringent environmental regulations.

“ North America is the largest market for Carbonization furnace.”

North America has the biggest market share in the carbonization furnace industry, because to a combination of strong industrial infrastructure, technical breakthroughs, and stringent environmental laws. The region has a strong industrial foundation, with significant expertise and investment in innovative manufacturing technology such as carbonization furnaces. This industrial competency enables the development, production, and deployment of high-efficiency carbonization technologies, ensuring North America’s market leadership. Technological innovation is a key aspect driving the North American market. Companies in the region are at the forefront of R&D, constantly refining furnace designs for increased efficiency, automation, and scalability. These advancements include updated control systems, improved heat distribution mechanisms, and the integration of emission control technologies, all of which increase the performance and environmental compliance of carbonization furnaces.

炭化炉市場 - 2029年の世界予測 region

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Carbonization furnace market, and information was gathered from secondary research to determine and verify the market size of several segments.

  • By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
  • By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70%
  • By Region: North America – 20%, Europe – 30%, APAC – 30%, the Middle East & Africa –10%, and South America- 10%

The Carbonization furnace market comprises major players such GreenPower LTD (Europe), Beston Group Co., Ltd. (China), Zhengzhou Belong Machinery Co., Ltd (China), Zhengzhou Shuliy Machinery Co. Ltd (China), Tianjin Mikim Technique Co., Ltd. (China), Henan Chengjinlai Machinery Co., Ltd. (China), Gongyi Xiaoyi Mingyang Machinery Plant (China), Gongyi Sanjin Charcoal Machinery Factory (China), Zhengzhou Jiutian Machinery Equipment Co., Ltd. (China), and Henan Sunrise Biochar Machine Co.,Ltd (China). The study includes in-depth competitive analysis of these key players in the Carbonization furnace market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This report segments the market for Carbonization furnace market on the basis of grade, function, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, and expansions associated with the market for Carbonization furnace market.

Key benefits of buying this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Carbonization furnace market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of drivers: (Increasing demand for sustainable agriculture and soil improvement, Carbon sequestration and climate change mitigation, Renewable energy production ), restraints (Market Disparities and Socioeconomic Factors can affect the equitable distribution), opportunities (By valorizing waste streams and closing the loop in the circular economy, Soil Remediation and Environmental Restoration), and challenges (Limited awareness about benefits of carbonization hampers market growth) influencing the growth of Carbonization furnace market.
  • Market Penetration: Comprehensive information on the Carbonization furnace market offered by top players in the global Carbonization furnace market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, in the Carbonization furnace market.
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for Carbonization furnace market across regions.
  • Market Capacity: Production capacities of companies producing Carbonization furnace are provided wherever available with upcoming capacities for the Carbonization furnace market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Carbonization furnace market.

Table of Contents

1            INTRODUCTION            25

1.1         STUDY OBJECTIVES      25

1.2         MARKET DEFINITION   25

1.3         STUDY SCOPE  26

1.3.1      INCLUSIONS AND EXCLUSIONS 26

1.3.2      MARKETS COVERED     27

1.3.3      REGIONAL SCOPE         28

1.3.4      YEARS CONSIDERED     28

1.4         CURRENCY CONSIDERED          29

1.5         UNITS CONSIDERED     29

1.6         LIMITATIONS   29

1.7         STAKEHOLDERS            29

1.8         RECESSION IMPACT      29

2            RESEARCH METHODOLOGY     30

2.1         RESEARCH DATA           30

2.1.1      SECONDARY DATA       31

2.1.1.1   Key data from secondary sources     31

2.1.1.2   List of major secondary sources       31

2.1.2      PRIMARY DATA 32

2.1.2.1   Key data from primary sources         32

2.1.2.2   List of primary interview participants/Key opinion leaders        33

2.1.2.3   Breakdown of primary interviews     33

2.1.2.4   Key industry insights          34

2.2         MARKET SIZE ESTIMATION METHODOLOGY    34

2.2.1      SUPPLY-SIDE APPROACH          34

2.2.2      DEMAND-SIDE APPROACH        35

2.3         FORECAST        35

2.3.1      SUPPLY SIDE    35

2.3.2      DEMAND SIDE  35

2.4         MARKET SIZE ESTIMATION       35

2.4.1      BOTTOM-UP APPROACH           36

2.4.2      TOP-DOWN APPROACH             37

2.5         DATA TRIANGULATION             37

2.6         RESEARCH ASSUMPTIONS         39

2.7         RECESSION IMPACT ANALYSIS 39

2.8         HISTORICAL TREND AND GROWTH FORECAST 39

2.9         RISK ASSESSMENT         40

2.10       FACTOR ANALYSIS        41

3            EXECUTIVE SUMMARY 42

4            PREMIUM INSIGHTS      48

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBONIZATION FURNACE MARKET        48

4.2         CARBONIZATION FURNACE MARKET, BY APPLICATION             49

4.3         CARBONIZATION FURNACE MARKET, BY TYPE 49

4.4         CARBONIZATION FURNACE MARKET, BY COUNTRY      50

5            MARKET OVERVIEW     51

5.1         INTRODUCTION            51

5.2         MARKET DYNAMICS     51

5.2.1      DRIVERS            52

5.2.1.1   Increasing focus of farmers on sustainable agriculture and soil improvement              52

5.2.1.2   Rising efforts toward climate change mitigation through carbon sequestration              52

5.2.1.3   Growing emphasis on renewable energy production    53

5.2.2      RESTRAINTS     54

5.2.2.1   Market disparities and socioeconomic factors 54

5.2.2.2   High dependence on fossil fuel in biochar production  55

5.2.3      OPPORTUNITIES           55

5.2.3.1   Harnessing carbonization technology to transform waste into wealth       55

5.2.3.2   Soil remediation, sustainable land management, and environmental restoration efforts    56

5.2.4      CHALLENGES   56

5.2.4.1   Limited awareness about benefits of carbonization technology   56

6            INDUSTRY TRENDS       57

6.1         INTRODUCTION            57

6.2         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       57

6.3         SUPPLY CHAIN ANALYSIS          58

6.4         PRICING ANALYSIS        60

6.4.1      AVERAGE SELLING PRICE TREND, BY REGION  60

6.4.2      AVERAGE SELLING PRICE TREND OF CARBONIZATION FURNACE, BY TYPE    61

6.4.3      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE     61

6.5         ECOSYSTEM ANALYSIS 62

6.6         TECHNOLOGY ANALYSIS           64

6.6.1      KEY TECHNOLOGIES    64

6.6.1.1   Pyrolysis 64

6.6.2      COMPLEMENTARY TECHNOLOGIES     64

6.6.2.1   Gasification         64

6.6.2.2   Emission control  64

6.6.3      ADJACENT TECHNOLOGIES      65

6.6.3.1   Biomass pretreatment        65

6.6.3.2   Bio-oil upgrading 65

6.6.3.3   Syngas utilization 65

6.7         PATENT ANALYSIS        65

6.7.1      METHODOLOGY           65

6.7.2      TOTAL PATENTS, 2013–2023      65

6.7.2.1   Patent publication trends, 2013–2023            66

6.7.3      INSIGHTS          66

6.7.4      LEGAL STATUS 67

6.7.5      JURISDICTION ANALYSIS           67

6.7.6      TOP APPLICANTS          68

6.7.7      KEY PATENTS RELATED TO CARBONIZATION FURNACE TECHNOLOGY 69

6.8         TRADE ANALYSIS          72

6.8.1      IMPORT SCENARIO (HS CODE 841780)  72

6.8.2      EXPORT SCENARIO (HS CODE 841780)  73

6.9         KEY CONFERENCES AND EVENTS, 2024–2025     73

6.10       TARIFF AND REGULATORY LANDSCAPE            74

6.10.1    TARIFF ANALYSIS          74

6.10.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          75

6.10.3    REGULATIONS AND STANDARDS          77

6.11       PORTER’S FIVE FORCES ANALYSIS         78

6.11.1    THREAT OF NEW ENTRANTS    79

6.11.2    THREAT OF SUBSTITUTES         79

6.11.3    BARGAINING POWER OF SUPPLIERS     79

6.11.4    BARGAINING POWER OF BUYERS           80

6.11.5    INTENSITY OF COMPETITIVE RIVALRY 80

6.12       KEY STAKEHOLDERS AND BUYING CRITERIA    81

6.12.1    KEY STAKEHOLDERS IN BUYING PROCESS         81

6.12.2    BUYING CRITERIA         82

6.13       MACROECONOMIC INDICATORS           83

6.13.1    GDP TRENDS AND FORECASTS, BY COUNTRY   83

6.14       CASE STUDY ANALYSIS 84

6.14.1    JAPAN-BASED STEEL PRODUCER DEPLOYED CARBONIZATION FURNACES TO CONVERT BIOMASS INTO BIO-COKE      84

6.14.2    UNIVERSITY OF WASHINGTON EXAMINED NEWLY DESIGNED CARBONIZATION FURNACES TO ENSURE SUSTAINABLE BIOCHAR PRODUCTION  84

6.14.3    THYSSENKRUPP ROTHE ERDE INSTALLED CARBONIZATION PLANT IN LIPPSTADT TO REDUCE OPERATIONAL COST AND C02 EMISSIONS       85

7            CARBONIZATION FURNACE MARKET, BY FEEDSTOCK  86

7.1         INTRODUCTION            87

7.2         AGRICULTURAL WASTE             88

7.2.1      ENVIRONMENTAL AND ECONOMIC ADVANTAGES TO BOOST UTILIZATION OF AGRICULTURAL WASTE IN BIOCHAR PRODUCTION  88

7.2.2      CORN STALKS  88

7.2.3      WHEAT STRAW 89

7.2.4      RICE HUSKS      89

7.2.5      SUGARCANE BAGASSE  89

7.3         FORESTRY WASTE         90

7.3.1      HIGH ADOPTION OF RENEWABLE ENERGY SOURCES TO FUEL SEGMENTAL GROWTH 90

7.3.2      SAWDUST AND WOOD CHIPS   90

7.3.3      BAMBOO           90

7.3.4      TRUNKS AND BRANCHES           91

7.4         NUTSHELLS      91

7.4.1      SIGNIFICANT DEMAND FOR HIGH-QUALITY CHARCOAL TO FOSTER SEGMENTAL GROWTH 91

7.4.2      COCONUT SHELLS        91

7.4.3      PALM SHELLS   91

7.4.4      OLIVE SHELLS  92

7.4.5      HAZELNUT SHELLS       92

7.5         OTHER FEEDSTOCKS   92

8            CARBONIZATION FURNACE MARKET, BY APPLICATION             93

8.1         INTRODUCTION            94

8.2         CHARCOAL       96

8.2.1      CEMENT, BRICK, AND BOILER FACTORIES TO CONTRIBUTE TO MARKET GROWTH        96

8.2.1.1   Charcoal applications        96

8.2.1.1.1 Smelter  96

8.2.1.1.2 Fuel       96

8.2.1.1.3 Purifier  97

8.2.1.1.4 Fertilizer              97

8.2.1.1.5 Insulating material             97

8.3         WOOD VINEGAR            97

8.3.1      RISING DEMAND FROM AGRICULTURAL, INDUSTRIAL, WASTE TREATMENT, AND LIVESTOCK APPLICATIONS TO SUPPORT SEGMENTAL GROWTH          97

8.3.1.1   Wood vinegar applications 98

8.3.1.1.1 Soil enhancer       98

8.3.1.1.2 Deodorizer          98

8.3.1.1.3 Fertilizer              98

8.3.1.1.4 Additive 99

8.3.1.1.5 Food preservative 99

8.4         TAR      99

8.4.1      VERSATILE APPLICATIONS IN CONSTRUCTION, FUEL GENERATION, AND WOOD PRESERVATION TO BOOST DEMAND         99

8.4.1.1   Tar applications   99

8.4.1.1.1 Fuel       100

8.4.1.1.2 Waterproof feedstock        100

8.4.1.1.3 Carbon black       100

9            CARBONIZATION FURNACE MARKET, BY CAPACITY     101

9.1         INTRODUCTION            102

9.2         <1,000 KG/H      103

9.2.1      FARMERS, SMALL-SCALE COOPERATIVES, AND RESEARCH FACILITIES TO CONTRIBUTE TO SEGMENTAL GROWTH    103

9.3         1,000–2,000 KG/H            103

9.3.1      SEMI-CONTINUOUS OPERATIONAL MODE AND ABILITY TO ACCOMMODATE DIVERSE BIOMASS MATERIALS TO BOOST DEMAND  103

9.4         2,000–3,000 KG/H            104

9.4.1      SIGNIFICANT DEMAND FROM FORESTRY AND WASTE MANAGEMENT INDUSTRIES TO SUPPORT MARKET GROWTH  104

9.5         >3,000 KG/H      104

9.5.1      HIGH CAPACITY AND ADVANCED AUTOMATION AND EMISSION CONTROL FEATURES TO DRIVE ADOPTION      104

10          CARBONIZATION FURNACE MARKET, BY TYPE 105

10.1       INTRODUCTION            106

10.2       CONTINUOUS CARBONIZATION FURNACE        108

10.2.1    NEED TO PRODUCE LARGE-SCALE BIOCHAR WITH CONSISTENT QUALITY TO FOSTER SEGMENTAL GROWTH    108

10.3       HORIZONTAL CHARCOAL FURNACE     108

10.3.1    UNIFORM HEAT DISTRIBUTION AND ABILITY TO HANDLE DIFFERENT BIOMASS TYPES TO BOOST SEGMENTAL GROWTH       108

10.4       SKID-MOUNTED CARBONIZATION FURNACE   109

10.4.1    INCREASING ADOPTION IN FORESTRY OPERATIONS DUE TO PORTABILITY AND USER-FRIENDLY INTERFACE TO SUPPORT SEGMENTAL GROWTH          109

10.5       OTHER TYPES  109

11          CARBONIZATION FURNACE MARKET, BY REGION          110

11.1       INTRODUCTION            111

11.2       ASIA PACIFIC    113

11.2.1    ASIA PACIFIC: RECESSION IMPACT        114

11.2.2    CHINA  119

11.2.2.1 Climate change mitigation and waste management initiatives to drive market              119

11.2.3    JAPAN  121

11.2.3.1 Focus on developing innovative carbonization solutions to fuel market growth              121

11.2.4    INDIA   122

11.2.4.1 Increasing adoption of sustainable farming techniques to accelerate market growth              122

11.2.5    SOUTH KOREA 124

11.2.5.1 Government subsidies for biomass utilization, soil improvement projects, and sustainable agricultural practices to promote market growth      124

11.2.6    REST OF ASIA PACIFIC  125

11.3       NORTH AMERICA          127

11.3.1    NORTH AMERICA: RECESSION IMPACT 128

11.3.2    US         133

11.3.2.1 Growing use of precision farming techniques to augment market growth 133

11.3.3    CANADA            135

11.3.3.1 Robust agricultural and forestry sectors to support market growth           135

11.3.4    MEXICO             136

11.3.4.1 Commitment to sustainability and environmental responsibility to create market growth opportunities         136

11.4       EUROPE             138

11.4.1    EUROPE: RECESSION IMPACT   138

11.4.2    GERMANY         144

11.4.2.1 Strong emphasis on recycling and waste reduction to stimulate demand   144

11.4.3    ITALY   145

11.4.3.1 Renewable energy projects and waste-to-energy initiatives to create lucrative opportunities       145

11.4.4    FRANCE             147

11.4.4.1 Stringent regulations to protect water quality and reduce pollution from agricultural runoff to drive market   147

11.4.5    UK         148

11.4.5.1 Advanced research and innovation in biochar technology to support market growth   148

11.4.6    SPAIN   150

11.4.6.1 Adoption of circular economy model to spur demand for carbonization furnaces              150

11.4.7    RUSSIA 151

11.4.7.1 Decarbonization efforts to contribute to market growth             151

11.4.8    REST OF EUROPE           153

11.5       MIDDLE EAST & AFRICA             154

11.5.1    MIDDLE EAST & AFRICA: RECESSION IMPACT   154

11.5.2    GCC      155

11.5.2.1 Saudi Arabia        160

11.5.2.1.1            Urgent need for effective waste utilization and water conservation technologies to create opportunities 160

11.5.2.2 UAE      161

11.5.2.2.1            Increasing investment in sustainable agricultural practices to contribute to market growth 161

11.5.2.3 Rest of GCC        163

11.5.3    SOUTH AFRICA 164

11.5.3.1 Government programs promoting use of biochar to fuel market growth   164

11.5.4    REST OF MIDDLE EAST & AFRICA           165

11.6       SOUTH AMERICA           167

11.6.1    SOUTH AMERICA: RECESSION IMPACT 167

11.6.1.1 Argentina            171

11.6.1.1.1            Growing demand for biochar from metallurgy industry to facilitate market growth     171

11.6.1.2 Brazil     173

11.6.1.2.1            Significant focus on agroecological practices and bioenergy production to drive market    173

11.6.1.3 Rest of South America       174

12          COMPETITIVE LANDSCAPE       176

12.1       INTRODUCTION            176

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023     176

12.3       MARKET SHARE ANALYSIS, 2023             177

12.3.1    RANKING OF KEY MARKET PLAYERS, 2023          177

12.3.2    MARKET SHARE OF KEY PLAYERS, 2023 178

12.4       REVENUE ANALYSIS, 2020–2023 180

12.5       BRAND/PRODUCT COMPARISON          182

12.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   183

12.6.1    STARS  183

12.6.2    EMERGING LEADERS    183

12.6.3    PERVASIVE PLAYERS     183

12.6.4    PARTICIPANTS 183

12.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      185

12.6.5.1 Company footprint            185

12.6.5.2 Type footprint     186

12.6.5.3 Application footprint         187

12.6.5.4 Feedstock footprint            188

12.6.5.5 Region footprint  189

12.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          190

12.7.1    PROGRESSIVE COMPANIES       190

12.7.2    RESPONSIVE COMPANIES          190

12.7.3    DYNAMIC COMPANIES 190

12.7.4    STARTING BLOCKS       190

12.7.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             192

12.7.5.1 Detailed list of key startups/SMEs   192

12.7.5.2 Competitive benchmarking of key startups/SMEs        193

12.8       VALUATION AND FINANCIAL METRICS: CARBONIZATION FURNACE VENDORS          195

12.9       COMPETITIVE SCENARIO AND TRENDS             196

12.9.1    EXPANSIONS    196

12.9.2    OTHERS             197

13          COMPANY PROFILES    198

13.1       KEY PLAYERS   198

13.1.1    GREENPOWER LTD       198

13.1.1.1 Business overview 198

13.1.1.2 Products/Solutions/Services offered 199

13.1.1.3 Recent developments         199

13.1.1.3.1            Other developments          199

13.1.1.4 MnM view           199

13.1.1.4.1            Key strengths       199

13.1.1.4.2            Strategic choices  200

13.1.1.4.3            Weaknesses/Competitive threats     200

13.1.2    BESTON GROUP CO., LTD.         201

13.1.2.1 Business overview 201

13.1.2.2 Products/Solutions/Services offered 202

13.1.2.3 MnM view           202

13.1.2.3.1            Key strengths       202

13.1.2.3.2            Strategic choices  202

13.1.2.3.3            Weaknesses/Competitive threats     202

13.1.3    ZHENGZHOU BELONG MACHINERY CO., LTD   203

13.1.3.1 Business overview 203

13.1.3.2 Products/Solutions/Services offered 203

13.1.3.3 MnM view           204

13.1.3.3.1            Key strengths       204

13.1.3.3.2            Strategic choices  204

13.1.3.3.3            Weaknesses/Competitive threats     204

13.1.4    TIANJIN MIKIM TECHNIQUE CO., LTD. 205

13.1.4.1 Business overview 205

13.1.4.2 Products/Solutions/Services offered 205

13.1.4.3 MnM view           206

13.1.4.3.1            Key strengths       206

13.1.4.3.2            Strategic choices  206

13.1.4.3.3            Weaknesses/Competitive threats     206

13.1.5    ZHENGZHOU SHULIY MACHINERY CO. LTD      207

13.1.5.1 Business overview 207

13.1.5.2 Products/Solutions/Services offered 208

13.1.5.3 Recent developments         208

13.1.5.3.1            Expansions          208

13.1.5.4 MnM view           209

13.1.5.4.1            Key strengths       209

13.1.5.4.2            Strategic choices  209

13.1.5.4.3            Weaknesses/Competitive threats     209

13.1.6    HENAN CHENGJINLAI MACHINERY CO., LTD.    210

13.1.6.1 Business overview 210

13.1.6.2 Products/Solutions/Services offered 211

13.1.6.3 MnM view           211

13.1.6.3.1            Key strengths       211

13.1.6.3.2            Strategic choices  211

13.1.6.3.3            Weaknesses/Competitive threats     212

13.1.7    GONGYI XIAOYI MINGYANG MACHINERY PLANT           213

13.1.7.1 Business overview 213

13.1.7.2 Products/Solutions/Services offered 213

13.1.7.3 MnM view           214

13.1.7.3.1            Key strengths       214

13.1.7.3.2            Strategic choices  214

13.1.7.3.3            Weaknesses/Competitive threats     214

13.1.8    GONGYI SANJIN CHARCOAL MACHINERY FACTORY      215

13.1.8.1 Business overview 215

13.1.8.2 Products/Solutions/Services offered 215

13.1.8.3 MnM view           216

13.1.8.3.1            Key strengths       216

13.1.8.3.2            Strategic choices  216

13.1.8.3.3            Weaknesses/Competitive threats     216

13.1.9    ZHENGZHOU JIUTIAN MACHINERY EQUIPMENT CO., LTD.        217

13.1.9.1 Business overview 217

13.1.9.2 Products/Services/Solutions offered 217

13.1.9.3 MnM view           218

13.1.9.3.1            Key strengths       218

13.1.9.3.2            Strategic choices  218

13.1.9.3.3            Weaknesses/Competitive threats     218

13.1.10  HENAN SUNRISE BIOCHAR MACHINE CO., LTD 219

13.1.10.1             Business overview 219

13.1.10.2             Products/Solutions/Services offered 220

13.1.10.3             MnM view           220

13.1.10.3.1          Key strengths       220

13.1.10.3.2          Strategic choices  220

13.1.10.3.3          Weaknesses/Competitive threats     221

13.2       OTHER PLAYERS           222

13.2.1    ZHENGZHOU FUSMAR MACHINERY CO., LTD   222

13.2.2    ZHENGZHOU DINGLI NEW ENERGY TECHNOLOGY CO., LTD    223

13.2.3    OLTEN MACHINERY     224

13.2.4    AGICO CEMENT MACHINERY CO., LTD. 225

13.2.5    HUNAN JINGTAN AUTOMATION EQUIPMENT CO., LTD.            226

13.2.6    ZHENGZHOU E.P MACHINERY CO., LTD.            227

13.2.7    ABC MACHINERY           228

13.2.8    KINGTIGER (SHANGHAI) ENVIRONMENTAL TECHNOLOGY CO., LTD.              229

13.2.9    CXINDUCTION 230

13.2.10  ZHENGZHOU LEABON MACHINERY EQUIPMENT CO., LTD.       231

13.2.11  ZHENGZHOU HENGJU MACHINERY EQUIPMENT CO., LTD        232

13.2.12  HENAN LANTIAN MACHINERY MANUFACTURING CO., LTD.     233

13.2.13  GOMINE INDUSTRIAL TECHNOLOGY CO., LTD 234

13.2.14  DOING HOLDINGS CO., LTD     235

14          APPENDIX         236

14.1       DISCUSSION GUIDE      236

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             239

14.3       CUSTOMIZATION OPTIONS      241

14.4       RELATED REPORTS       241

14.5       AUTHOR DETAILS         242

LIST OF TABLES

TABLE 1             AVERAGE SELLING PRICE OF CARBONIZATION FURNACES, BY REGION,

2020–2029 (USD/UNIT)  60

TABLE 2             AVERAGE SELLING PRICE TREND OF CARBONIZATION FURNACES, BY TYPE,

2020–2023 (USD/UNIT)  61

TABLE 3             AVERAGE SELLING PRICE TREND OF CARBONIZATION FURNACES OFFERED

BY KEY PLAYERS, BY TYPE (USD/UNIT) 61

TABLE 4             ROLE OF COMPANIES IN ECOSYSTEM   63

TABLE 5             TOTAL NUMBER OF PATENTS  66

TABLE 6             TOP 10 OWNERS OF PATENTS RELATED TO CARBONIZATION FURNACE TECHNOLOGY           68

TABLE 7             CARBONIZATION FURNACE TECHNOLOGY-RELATED KEY PATENTS           69

TABLE 8             IMPORTANT CONFERENCES AND EVENTS, 2024–2025    73

TABLE 9             TARIFF FOR HS CODE 841780-COMPLIANT PRODUCTS, BY COUNTRY (2023)           74

TABLE 10           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 75

TABLE 11           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 75

TABLE 12           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 76

TABLE 13           MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 76

TABLE 14           SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 77

TABLE 15           REGULATIONS AND STANDARDS FOR PLAYERS IN CARBONIZATION FURNACE MARKET   77

TABLE 16           IMPACT OF PORTER’S FIVE FORCES ON CARBONIZATION FURNACE MARKET        78

TABLE 17           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS 81

TABLE 18           KEY BUYING CRITERIA FOR APPLICATIONS      82

TABLE 19           GDP TRENDS AND FORECASTS, BY COUNTRY, 2020–2029 (USD MILLION)          83

TABLE 20           CARBONIZATION FURNACE MARKET, BY FEEDSTOCK, 2020–2023 (USD MILLION)     87

TABLE 21           CARBONIZATION FURNACE MARKET, BY FEEDSTOCK, 2024–2029 (USD MILLION)     88

TABLE 22           CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     95

TABLE 23           CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     95

TABLE 24           CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)     95

TABLE 25           CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)     95

TABLE 26           CARBONIZATION FURNACE MARKET, BY CAPACITY, 2020–2023 (USD MILLION) 102

TABLE 27           CARBONIZATION FURNACE MARKET, BY CAPACITY, 2024–2029 (USD MILLION) 103

TABLE 28           CARBONIZATION FURNACE MARKET, BY TYPE, 2020–2023 (USD MILLION)          106

TABLE 29           CARBONIZATION FURNACE MARKET, BY TYPE, 2024–2029 (USD MILLION)          107

TABLE 30           CARBONIZATION FURNACE MARKET, BY TYPE, 2020–2023 (UNITS)             107

TABLE 31           CARBONIZATION FURNACE MARKET, BY TYPE, 2024–2029 (UNITS)             107

TABLE 32           CARBONIZATION FURNACE MARKET, BY REGION, 2020–2023 (USD MILLION) 112

TABLE 33           CARBONIZATION FURNACE MARKET, BY REGION, 2024–2029 (USD MILLION) 112

TABLE 34           CARBONIZATION FURNACE MARKET, BY REGION, 2020–2023 (UNITS)             113

TABLE 35           CARBONIZATION FURNACE MARKET, BY REGION, 2024–2029 (UNITS)             113

TABLE 36           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          115

TABLE 37           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          115

TABLE 38           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (UNITS)         115

TABLE 39           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (UNITS)         116

TABLE 40           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (USD MILLION)          116

TABLE 41           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (USD MILLION)          116

TABLE 42           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY TYPE, 2020–2023 (UNITS)         117

TABLE 43           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY TYPE, 2024–2029 (UNITS)         117

TABLE 44           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, FEEDSTOCK,

2020–2023 (USD MILLION)          117

TABLE 45           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2024–2029 (USD MILLION)          118

TABLE 46           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2020–2023 (USD MILLION)          118

TABLE 47           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2024–2029 (USD MILLION)          118

TABLE 48           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          118

TABLE 49           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          119

TABLE 50           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         119

TABLE 51           ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         119

TABLE 52           CHINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          120

TABLE 53           CHINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          120

TABLE 54           CHINA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)          120

TABLE 55           CHINA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)          121

TABLE 56           JAPAN: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          121

TABLE 57           JAPAN: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          122

TABLE 58           JAPAN: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)          122

TABLE 59           JAPAN: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)          122

TABLE 60          INDIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          123

TABLE 61          INDIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          123

TABLE 62          INDIA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         123

TABLE 63          INDIA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         124

TABLE 64           SOUTH KOREA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          124

TABLE 65           SOUTH KOREA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          125

TABLE 66           SOUTH KOREA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         125

TABLE 67           SOUTH KOREA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         125

TABLE 68           REST OF ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     126

TABLE 69           REST OF ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     126

TABLE 70           REST OF ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)     126

TABLE 71           REST OF ASIA PACIFIC: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)     127

TABLE 72           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          129

TABLE 73           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          129

TABLE 74           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (UNITS)         129

TABLE 75           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (UNITS)         129

TABLE 76           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (USD MILLION)          130

TABLE 77           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (USD MILLION)          130

TABLE 78           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (UNITS)         130

TABLE 79           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (UNITS)         130

TABLE 80           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2020–2023 (USD MILLION)          131

TABLE 81           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2024–2029 (USD MILLION)          131

TABLE 82           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2020–2023 (USD MILLION)          131

TABLE 83           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2024–2029 (USD MILLION)          132

TABLE 84           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          132

TABLE 85           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          132

TABLE 86           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         132

TABLE 87           NORTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         133

TABLE 88           US: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          134

TABLE 89           US: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          134

TABLE 90           US: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         134

TABLE 91           US: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         134

TABLE 92           CANADA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          135

TABLE 93           CANADA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          135

TABLE 94           CANADA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         136

TABLE 95           CANADA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         136

TABLE 96           MEXICO: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          137

TABLE 97           MEXICO: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          137

TABLE 98           MEXICO: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         137

TABLE 99           MEXICO: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         137

TABLE 100         EUROPE: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          139

TABLE 101         EUROPE: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          140

TABLE 102         EUROPE: CARBONIZATION FURNACE MARKET, BY COUNTRY, 2020–2023 (UNITS)         140

TABLE 103         EUROPE: CARBONIZATION FURNACE MARKET, BY COUNTRY, 2024–2029 (UNITS)         140

TABLE 104         EUROPE: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (USD MILLION)          141

TABLE 105         EUROPE: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (USD MILLION)          141

TABLE 106         EUROPE: CARBONIZATION FURNACE MARKET, BY TYPE, 2020–2023 (UNITS)     141

TABLE 107         EUROPE: CARBONIZATION FURNACE MARKET, BY TYPE, 2024–2029 (UNITS)     141

TABLE 108         EUROPE: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2020–2023 (USD MILLION)          142

TABLE 109         EUROPE: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2024–2029 (USD MILLION)          142

TABLE 110         EUROPE: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2020–2023 (USD MILLION)          142

TABLE 111         EUROPE: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2024–2029 (USD MILLION)          143

TABLE 112         EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          143

TABLE 113         EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          143

TABLE 114         EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         143

TABLE 115         EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         144

TABLE 116         GERMANY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          144

TABLE 117         GERMANY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          145

TABLE 118         GERMANY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         145

TABLE 119         GERMANY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         145

TABLE 120        ITALY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          146

TABLE 121        ITALY: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          146

TABLE 122        ITALY: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         146

TABLE 123        ITALY: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         147

TABLE 124         FRANCE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          147

TABLE 125         FRANCE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          148

TABLE 126         FRANCE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         148

TABLE 127         FRANCE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         148

TABLE 128         UK: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          149

TABLE 129         UK: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          149

TABLE 130         UK: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         149

TABLE 131         UK: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         150

TABLE 132        SPAIN: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          150

TABLE 133        SPAIN: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          151

TABLE 134        SPAIN: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         151

TABLE 135        SPAIN: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         151

TABLE 136         RUSSIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          152

TABLE 137         RUSSIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          152

TABLE 138         RUSSIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         152

TABLE 139         RUSSIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         152

TABLE 140         REST OF EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          153

TABLE 141         REST OF EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          153

TABLE 142         REST OF EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         153

TABLE 143         REST OF EUROPE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         154

TABLE 144         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          155

TABLE 145         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          155

TABLE 146         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (UNITS)         156

TABLE 147         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (UNITS)         156

TABLE 148         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (USD MILLION)          156

TABLE 149         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (USD MILLION)          157

TABLE 150         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (UNITS)         157

TABLE 151         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (UNITS)         157

TABLE 152         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK, 2020–2023 (USD MILLION)        158

TABLE 153         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK, 2024–2029 (USD MILLION)        158

TABLE 154         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2020–2023 (USD MILLION)          158

TABLE 155         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2024–2029 (USD MILLION)          159

TABLE 156         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     159

TABLE 157         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     159

TABLE 158         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)     159

TABLE 159         MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)     160

TABLE 160         SAUDI ARABIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          160

TABLE 161         SAUDI ARABIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          161

TABLE 162         SAUDI ARABIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         161

TABLE 163         SAUDI ARABIA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         161

TABLE 164         UAE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          162

TABLE 165         UAE: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          162

TABLE 166         UAE: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS)         162

TABLE 167         UAE: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS)         163

TABLE 168         REST OF GCC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          163

TABLE 169         REST OF GCC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          163

TABLE 170         REST OF GCC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         164

TABLE 171         REST OF GCC: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         164

TABLE 172         SOUTH AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          164

TABLE 173         SOUTH AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          165

TABLE 174         SOUTH AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         165

TABLE 175         SOUTH AFRICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         165

TABLE 176         REST OF MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET,

BY APPLICATION, 2020–2023 (USD MILLION)     166

TABLE 177         REST OF MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)     166

TABLE 178         REST OF MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET,

BY APPLICATION, 2020–2023 (UNITS)     166

TABLE 179         REST OF MIDDLE EAST & AFRICA: CARBONIZATION FURNACE MARKET,

BY APPLICATION, 2024–2029 (UNITS)     166

TABLE 180         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          167

TABLE 181         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          168

TABLE 182         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2020–2023 (UNITS)         168

TABLE 183         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY COUNTRY,

2024–2029 (UNITS)         168

TABLE 184         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (USD MILLION)          168

TABLE 185         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (USD MILLION)          169

TABLE 186         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2020–2023 (UNITS)         169

TABLE 187         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY TYPE,

2024–2029 (UNITS)         169

TABLE 188         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2020–2023 (USD MILLION)          169

TABLE 189         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY FEEDSTOCK,

2024–2029 (USD MILLION)          170

TABLE 190         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2020–2023 (USD MILLION)          170

TABLE 191         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY CAPACITY,

2024–2029 (USD MILLION)          170

TABLE 192         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          170

TABLE 193         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          171

TABLE 194         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         171

TABLE 195         SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         171

TABLE 196         ARGENTINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          172

TABLE 197         ARGENTINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          172

TABLE 198         ARGENTINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         172

TABLE 199         ARGENTINA: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         173

TABLE 200         BRAZIL: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          173

TABLE 201         BRAZIL: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          174

TABLE 202         BRAZIL: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2020–2023 (UNITS)         174

TABLE 203         BRAZIL: CARBONIZATION FURNACE MARKET, BY APPLICATION,

2024–2029 (UNITS)         174

TABLE 204         REST OF SOUTH AMERICA: CARBONIZATION FURNACE MARKET,

BY APPLICATION, 2020–2023 (USD MILLION)     175

TABLE 205         REST OF SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  175

TABLE 206         REST OF SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2020–2023 (UNITS) 175

TABLE 207         REST OF SOUTH AMERICA: CARBONIZATION FURNACE MARKET, BY APPLICATION, 2024–2029 (UNITS) 175

TABLE 208         OVERVIEW OF STRATEGIES ADOPTED BY KEY CARBONIZATION FURNACE MANUFACTURERS 176

TABLE 209         CARBONIZATION FURNACE MARKET: DEGREE OF COMPETITION, 2023     178

TABLE 210         CARBONIZATION FURNACE MARKET: TYPE FOOTPRINT              186

TABLE 211         CARBONIZATION FURNACE MARKET: APPLICATION FOOTPRINT      187

TABLE 212         CARBONIZATION FURNACE MARKET: FEEDSTOCK FOOTPRINT      188

TABLE 213         CARBONIZATION FURNACE MARKET: REGION FOOTPRINT              189

TABLE 214         CARBONIZATION FURNACE MARKET: LIST OF KEY STARTUPS/SMES           192

TABLE 215         CARBONIZATION FURNACE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        193

TABLE 216         CARBONIZATION FURNACE MARKET: EXPANSIONS, JANUARY 2020–

FEBRUARY 2024 196

TABLE 217         CARBONIZATION FURNACE MARKET: OTHERS, JANUARY 2020–FEBRUARY 2024 197

TABLE 218         GREENPOWER LTD: COMPANY OVERVIEW        198

TABLE 219         GREENPOWER LTD: PRODUCT/SOLUTION/SERVICE OFFERINGS       199

TABLE 220         GREENPOWER LTD: OTHER DEVELOPMENTS   199

TABLE 221         BESTON GROUP CO., LTD.: COMPANY OVERVIEW         201

TABLE 222         BESTON GROUP CO., LTD.: PRODUCT/SOLUTION/SERVICE OFFERINGS       202

TABLE 223         ZHENGZHOU BELONG MACHINERY CO., LTD: COMPANY OVERVIEW        203

TABLE 224         ZHENGZHOU BELONG MACHINERY CO., LTD: PRODUCT/SOLUTION/SERVICE OFFERINGS     203

TABLE 225         TIANJIN MIKIM TECHNIQUE CO., LTD.: COMPANY OVERVIEW              205

TABLE 226         TIANJIN MIKIM TECHNIQUE CO., LTD.: PRODUCT OFFERINGS              205

TABLE 227         ZHENGZHOU SHULIY MACHINERY CO. LTD: COMPANY OVERVIEW        207

TABLE 228         ZHENGZHOU SHULIY MACHINERY CO. LTD: PRODUCT/SOLUTION/SERVICE OFFERINGS     208

TABLE 229         ZHENGZHOU SHULIY MACHINERY CO. LTD: EXPANSIONS              208

TABLE 230         HENAN CHENGJINLAI MACHINERY CO., LTD.: COMPANY OVERVIEW        210

TABLE 231         HENAN CHENGJINLAI MACHINERY CO., LTD.: PRODUCT/SOLUTION/SERVICE OFFERINGS     211

TABLE 232         GONGYI XIAOYI MINGYANG MACHINERY PLANT: COMPANY OVERVIEW        213

TABLE 233         GONGYI XIAOYI MINGYANG MACHINERY PLANT: PRODUCT/SOLUTION/SERVICE OFFERINGS     213

TABLE 234         GONGYI SANJIN CHARCOAL MACHINERY FACTORY: COMPANY OVERVIEW  215

TABLE 235         GONGYI SANJIN CHARCOAL MACHINERY FACTORY: PRODUCT/SOLUTION/SERVICE OFFERINGS     215

TABLE 236         ZHENGZHOU JIUTIAN MACHINERY EQUIPMENT CO., LTD.: COMPANY OVERVIEW  217

TABLE 237         ZHENGZHOU JIUTIAN MACHINERY EQUIPMENT CO., LTD.: PRODUCT/SERVICE/SOLUTION OFFERINGS     217

TABLE 238         HENAN SUNRISE BIOCHAR MACHINE CO., LTD: COMPANY OVERVIEW        219

TABLE 239         HENAN SUNRISE BIOCHAR MACHINE CO., LTD: PRODUCT/SOLUTION/SERVICE OFFERINGS     220

TABLE 240         ZHENGZHOU FUSMAR MACHINERY CO., LTD: COMPANY OVERVIEW        222

TABLE 241         ZHENGZHOU DINGLI NEW ENERGY TECHNOLOGY CO., LTD: COMPANY OVERVIEW  223

TABLE 242         OLTEN MACHINERY: COMPANY OVERVIEW      224

TABLE 243         AGICO CEMENT MACHINERY CO., LTD.: COMPANY OVERVIEW              225

TABLE 244         HUNAN JINGTAN AUTOMATION EQUIPMENT CO., LTD.: COMPANY OVERVIEW  226

TABLE 245         ZHENGZHOU E.P MACHINERY CO., LTD.: COMPANY OVERVIEW        227

TABLE 246         ABC MACHINERY: COMPANY OVERVIEW            228

TABLE 247         KINGTIGER (SHANGHAI) ENVIRONMENTAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW           229

TABLE 248         CXINDUCTION: COMPANY OVERVIEW 230

TABLE 249         ZHENGZHOU LEABON MACHINERY EQUIPMENT CO., LTD.: COMPANY OVERVIEW  231

TABLE 250         ZHENGZHOU HENGJU MACHINERY EQUIPMENT CO., LTD: COMPANY OVERVIEW  232

TABLE 251         HENAN LANTIAN MACHINERY MANUFACTURING CO., LTD.: COMPANY OVERVIEW  233

TABLE 252         GOMINE INDUSTRIAL TECHNOLOGY CO., LTD: COMPANY OVERVIEW        234

TABLE 253         DOING HOLDINGS CO., LTD: COMPANY OVERVIEW      235

LIST OF FIGURES

FIGURE 1           CARBONIZATION FURNACE MARKET SEGMENTATION 27

FIGURE 2           CARBONIZATION FURNACE MARKET: RESEARCH DESIGN              30

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH       34

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH       35

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS          36

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       36

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       37

FIGURE 8           CARBONIZATION FURNACE MARKET: DATA TRIANGULATION              38

FIGURE 9           COUNTINOUS CARBONIZATION FURNACE SEGMENT TO LEAD MARKET,

BY TYPE, FROM 2024 TO 2029    43

FIGURE 10         CHARCOAL SEGMENT TO COMMAND CARBONIZATION FURNACE MARKET,

BY APPLICATION, THROUGHOUT FORECAST PERIOD  44

FIGURE 11         FORESTRY WASTE SEGMENT TO DOMINATE MARKET, BY FEEDSTOCK, BETWEEN 2024 AND 2029 45

FIGURE 12         <1,000 KG/H SEGMENT TO LEAD CARBONIZATION FURNACE MARKET,

BY CAPACITY, THROUGHOUT FORECAST PERIOD         46

FIGURE 13         NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF CARBONIZATION FURNACE MARKET IN 2023    47

FIGURE 14         GROWING USE OF CARBONIZATION FURNACES TO PRODUCE CHARCOAL AND TAR TO DRIVE MARKET          48

FIGURE 15         CHARCOAL TO BE FASTEST-GROWING SEGMENT IN CARBONIZATION FURNACE MARKET DURING FORECAST PERIOD        49

FIGURE 16         CONTINUOUS CARBONIZATION FURNACE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD         49

FIGURE 17         MEXICO TO BE FASTEST-GROWING MARKET GLOBALLY DURING FORECAST PERIOD     50

FIGURE 18         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: CARBONIZATION FURNACE MARKET   51

FIGURE 19         TRENDS INFLUENCING CUSTOMER BUSINESS  58

FIGURE 20         CARBONIZATION FURNACE MARKET: SUPPLY CHAIN ANALYSIS          58

FIGURE 21         CARBONIZATION FURNACE MARKET: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2029 (USD/UNIT)         60

FIGURE 22         AVERAGE SELLING PRICE TREND OF CARBONIZATION FURNACE TYPES PROVIDED BY KEY PLAYERS   61

FIGURE 23         CARBONIZATION FURNACE MARKET: ECOSYSTEM ANALYSIS              62

FIGURE 24         PATENTS GRANTED OVER LAST 10 YEARS         66

FIGURE 25         PATENT ANALYSIS, BY LEGAL STATUS 67

FIGURE 26         REGIONAL ANALYSIS OF PATENTS GRANTED FOR CARBONIZATION FURNACE TECHNOLOGY, 2023           67

FIGURE 27         TOP 10 COMPANIES WITH SUBSTANTIAL NUMBER OF PATENTS, 2013–2023      68

FIGURE 28         IMPORT DATA FOR HS CODE 841780-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD THOUSAND)       72

FIGURE 29         EXPORT DATA FOR HS CODE 841780-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD THOUSAND)       73

FIGURE 30         PORTER’S FIVE FORCES ANALYSIS: CARBONIZATION FURNACE MARKET        78

FIGURE 31         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS 81

FIGURE 32         KEY BUYING CRITERIA FOR APPLICATIONS      82

FIGURE 33         FORESTRY WASTE SEGMENT TO COMMAND CARBONIZATION FURNACE MARKET THROUGHOUT FORECAST PERIOD 87

FIGURE 34         CHARCOAL TO LEAD CARBONIZATION FURNACE MARKET DURING FORECAST PERIOD     94

FIGURE 35         <1,000 KG/H SEGMENT TO DOMINATE CARBONIZATION FURNACE MARKET THROUGHOUT FORECAST PERIOD 102

FIGURE 36         CONTINUOUS CARBONIZATION FURNACE SEGMENT TO LEAD MARKET THROUGHOUT FORECAST PERIOD       106

FIGURE 37         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       112

FIGURE 38         ASIA PACIFIC: CARBONIZATION FURNACE MARKET SNAPSHOT        114

FIGURE 39         NORTH AMERICA: CARBONIZATION FURNACE MARKET SNAPSHOT        128

FIGURE 40         EUROPE: CARBONIZATION FURNACE MARKET SNAPSHOT              139

FIGURE 41         RANKING OF TOP 5 PLAYERS IN CARBONIZATION FURNACE MARKET, 2023  177

FIGURE 42         CARBONIZATION FURNACE MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023  178

FIGURE 43         REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024            181

FIGURE 44         BRAND/PRODUCT COMPARATIVE ANALYSIS    182

FIGURE 45         CARBONIZATION FURNACE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      184

FIGURE 46         CARBONIZATION FURNACE MARKET: COMPANY FOOTPRINT              185

FIGURE 47         CARBONIZATION FURNACE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 191

FIGURE 48         EV/EBITDA OF KEY VENDORS   195

FIGURE 49         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 195