Report Scope & Overview:
Biochar Market Size was valued at USD 1.78 billion in 2022, and expected to reach USD 4.26 billion by 2030, and grow at a CAGR of 11.5 % over the forecast period 2023-2030.
A form of charcoal called biochar is created by carefully heating waste products like animal manure, wood waste, and agricultural waste. Among other uses, it is widely applied as a soil amendment to lessen contaminants and dangerous compounds, as well as to prevent moisture loss, soil leaching, and fertiliser runoff. It has a broad range of uses in a variety of end markets, such as a fabric additive in the textile industry, a raw material in the manufacture of construction materials, and an electromagnetic radiation shield in the electronics sector. More business opportunities are anticipated to arise as a result of environmental awareness, declining raw material costs, and consistent government waste management laws.
Growing Industry Demand for Biochar in Agriculture
Growing Consumer Interest in Eco-Friendly Products
The pricey nature of biochar
The lack of efficient low-emission technology for biochar synthesis
Biochar is being used more frequently in numerous industrial applications.
Technology of biochar disadvantages
Lacks standardisation and uniformity
Impact of Covid-19:
The entire world came to a standstill as a result of COVID-19, which had an adverse effect on both the agriculture sector and the worldwide biochar market. Despite the fact that the COVID-19 has hurt the market, the stakeholders are urging farmers to put reactors on their farms in order to hasten the conversion of stubble to biomass. Biochar has been cited by the UN's Intergovernmental Panel on Climate Change as a workable way to reduce pollution.
Pacific Biochar Corporation (US), Novocarbo (India), Airex Energy Inc., Phoenix Energy (US), KARR Group Co. (KGC) (US), ArSta Eco Pvt Ltd. (India), Biochar Supreme (US), Coaltec Energy USA (US), Farm2Energy Pvt. Ltd. (India), Diacarbon Energy (Canada), Frontline BioEnergy LLC (US), ProActive Agriculture (US), and other players.
Agriculture: Acidic or nutrient-rich river drains are filtered using biochar, which is produced from a native reed. The laden chars are then utilised in nearby dairy and farming activities to lower nitrous oxide emissions and sink carbon.
Animal farming: Carbonized biomass, also known as biochar, has long been used extensively in animal medicine. It is similar to charcoal. Additionally, it is utilised as a regular feed addition to enhance the health of animals.
Industrial – Biochar is widely used in a variety of end-use sectors, including those that produce electricity or other forms of energy, make building materials for the construction sector, and many more.
Others: The textile and power generation sectors are included in this category.
A sort of manufacturing process known as pyrolysis involves feeding the pyrolysis reactor with biomass from the top while supplying air from the bottom. Biomass is heated inside the reactor, where chemical and physical reactions convert it into biochar. The by-products of the pyrolysis process include biochar, syngas (synthesis gas), and pyrolysis oil.
Another way to make biochar is through gasification, which involves heating partially burning material to high temperatures (between 700 and 1000 oC) in an atmosphere with low oxygen levels. This results in the production of biochar and high-quality fuel gases (hydrogen and carbon monoxide).
Others - Other technologies and processes include hydrothermal carbonization.
By Production Technology
The largest CAGR of 13.8 percent is anticipated for the Asia-Pacific biochar market size, which in 2020 accounted for 70.2 percent of global biochar market share. This is explained by the expanding livestock and agricultural sectors, which have improved biochar's performance throughout the Asia-Pacific area. For instance, a paper from the academic journal Science Advances claims that China's livestock unit count has tripled over the past ten years. Additionally, the agriculture industry is expanding quickly in nations like India and Australia, where biochar is commonly employed as a soil supplement. As an illustration, a study released by India Brands Equity
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 1.78 Billion|
|Market Size by 2030||US$ 4.26 Billion|
|CAGR||CAGR of 11.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Production Technology (Pyrolysis, Gasification, Others)
• By Application (Soil Amendment, Animal Feed, Industrial, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Pacific Biochar Corporation (US), Novocarbo (India), Airex Energy Inc., Phoenix Energy (US), KARR Group Co. (KGC) (US), ArSta Eco Pvt Ltd. (India), Biochar Supreme (US), Coaltec Energy USA (US), Farm2Energy Pvt. Ltd. (India), Diacarbon Energy (Canada), Frontline BioEnergy LLC (US), ProActive Agriculture (US), and other players.|
|DRIVERS||• Growing Industry Demand for Biochar in Agriculture
• Growing Consumer Interest in Eco-Friendly Products
|Restraints||• The pricey nature of biochar
• The lack of efficient low-emission technology for biochar synthesis
• Technology Roadblocks
Frequently Asked Questions (FAQ) :
Ans: Pacific Biochar Corporation (US), Novocarbo (India), Airex Energy Inc., Phoenix Energy (US), KARR Group Co. (KGC) (US), ArSta Eco Pvt Ltd. (India), Biochar Supreme (US), Coaltec Energy USA (US), Farm2Energy Pvt. Ltd. (India), Diacarbon Energy (Canada), Frontline BioEnergy LLC (US), ProActive Agriculture (US) are the major key players of Biochar Market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Technology of biochar disadvantages and Lacks standardisation and uniformity are the challenges faced by the Biochar Market.
Ans: Growing Industry Demand for Biochar in Agriculture and Growing Consumer Interest in Eco-Friendly Products are the drivers for Biochar Marke
Ans: Biochar Market Size was valued at USD 1.6 billion in 2021, and expected to reach USD 3.58 billion by 2028, and grow at a CAGR of 11.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Biochar Market Segment, By Production Technology
9.Biochar Market Segment, By Application
9.1 Soil Amendment
9.2 Animal Feed
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profile
11.1 Pacific Biochar Corporation (US)
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Novocarbo (India)
11.3 Airex Energy Inc.
11.4 Phoenix Energy (US)
11.5 KARR Group Co. (KGC) (US)
11.6 ArSta Eco Pvt Ltd. (India)
11.7 Biochar Supreme (US)
11.8 Coaltec Energy USA (US)
11.9 Farm2Energy Pvt. Ltd. (India)
11.10 Diacarbon Energy (Canada)
11.11 Frontline BioEnergy LLC (US)
11.12 ProActive Agriculture (US)
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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