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Biochar Market By Feedstock Type (Agricultural waste, Animal Manure and others); By Application (Agricultural, Forestry, Water waste Management, Electricity Generation); By Technology (Pyrolysis, Hydrothermal, Gasification); By Geography (North America, Latin America, Europe, Asia Pacific, Middle east) – Global Demand Analysis & Opportunity Outlook 2027

Published On : 01:13 AM, 4th July, 2018 REP-ID-1093 Category: Energy & Power

Biochar Market Overview

Biochar plays a vital role in soil amendment by eliminating all the toxic elements and sand pollutants present in the soil. Bio-char prevents fertilizer runoff, controls and maintains the soil moisture, prevents soil leeching and clears the risk of soil erosion. Crop protection from floods and droughts is an important factor for the increasing usage of bio-char present in the soil. Bio-char application is the advanced agricultural technique used by modern farmers in different parts of the world. Biochar technology is rich in carbon and helps generate soil fertility on the infertile land.

Countries like North America and Europe have been observed a substantial rise in number of medium and large scale producers of bio-char, they are expected to play a crucial role in evolving the industry. However, limited awareness regarding the application of bio-char and its benefit is the major barrier for its market growth in developing countries of Asia Pacific and Middle East region. Biochar is a high quality product whose adoption is expected to increase in the coming years. This will, however, require lot of investment from biochar producers for the developing more sustainable and environment friendly methods of broadacre agriculture practices in the agro-industry. International market is comprised of both organized and unorganized producer of bio-char with the countries like Brazil, China, Japan and Mexico have a high dependence on agricultural production.

Market Size and Forecast

Biochar global market is estimated to reach USD 3149.12 million by 2027 with an expected CAGR of 13.20%. The global biochar market in 2017 was 354.9 kilotons. Biochar market in agriculture sector is expected to boom in near future with a CAGR of 13.05% by 2027. Along with biochar many new techniques are also expected to be introduced which are beneficial for the profit maximization and stabilization of the end use industries. Massive changes will be shown in energy sector which is expected to enlarge the biochair market i.e. energy and waste treatment application.

biochar market size

Market Segments

Our-in depth analysis of the global Biochar market includes the following segments:

By Feedstock Type

  • Woody Biomass
  • Agricultural Waste
  • Animal Manure
  • Others

By Application

  • Agriculture
  • Forestry
  • Electricity Generation
  • Wastewater treatment
  • Others

By Technology Segment

  • Pyrolysis
  • Gasification
  • Hydrothermal
  • Others

By Regional

Global Biochar market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers & Challenges

Escalating adoption of Biochar across the globe gives a commendable impression in the USA market and consumer buying behavior. There is an increasing demand for ecofriendly and natural techniques which reduce carbon dioxide from waste materials and help in recycling them. It is the carbonized biomass that is obtained from sustainable sources and confiscated in soil to sustainably improve their agricultural and ecological worth under current and upcoming supervision. 

Regions like North America and Europe is majorly focusing on the Biochar researches which can create a renewable energy and helps in positioning the market size in the near future. In the agriculture or forest pyrolysis, biochar generates biofuel without harming the crop production. It also enhances the natural gas process and capture carbon dioxide from the biosphere. Manufacturing companies could be benefitted with biochar production with its convenient use in the upcoming market. Sectors like agro based industries and energy sector showing growth in using biochar which can produce biofuel. Agriculture sector occupies the major share in application category in 2017 and is projected to nurture significantly over the forecast period. Additional applications comprise wastewater treatment and energy sector. Developing economies such as India and China show a sudden increase in demand for water treatment facilities owing to increasing the need for better water treatment and energy infrastructure.

Key Players

  • Cool Planet
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
  • Pacific Biochar
  • CharGrow
  • Interra Energy
  • Biochar Now
  • ElementC6
  • The Biochar Company (TBC)
  • Carbon Gold
  • Kina
  • Biokol
  • NextChar

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global Biochar market is segmented as follows:

  • By Component Market Size & Y-O-Y Growth Analysis
  • By Technology Segment & Y-O-Y Growth Analysis
  • By Feedstock type & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answers

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