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From reducing carbon emissions to boosting soil health, biochar is set to reshape the future of agriculture

02-15-2024 06:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

BIOCHAR MARKET

BIOCHAR MARKET

According to a market research report launched by Triton Market Research, the global biochar market is expected to display an upward trend in revenue and volume, growing at a CAGR of 13.40% and 10.34%, respectively during the forecast period 2022-2028.

Read the Market Summary Here: https://www.tritonmarketresearch.com/reports/biochar-market#report-overview?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=TritonPR

Biochar is emerging as an important tool for sustainable food production, driving significant growth in the global biochar market. Biochar is a stable, carbon-rich charcoal that can improve soil health, retain nutrients, and increase agricultural yields when added to soil.

In a concerted effort to combat climate change, India has set ambitious goals to eliminate 141 million tons of carbon emissions by 2030, primarily through widespread biochar production and utilization nationwide. Meanwhile, in the United States, the biochar industry is thriving, with over 140 commercial producers spread across 35 states.

Request a Free Sample of the biochar market @ https://www.tritonmarketresearch.com/reports/biochar-market#request-free-sample

๐’๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ฎ๐ง๐๐ž๐ซ๐ฉ๐ข๐ง ๐›๐ข๐จ๐œ๐ก๐š๐ซ'๐ฌ ๐ž๐ฑ๐ฉ๐š๐ง๐๐ข๐ง๐  ๐ซ๐จ๐ฅ๐ž ๐ข๐ง ๐š๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž:

๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ข๐ง๐  ๐ฌ๐จ๐ข๐ฅ ๐Ÿ๐ž๐ซ๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ: Biochar increases soil cation exchange capacity, raises pH levels in acidic soils, and provides habitat for beneficial microorganisms. Field trials by universities worldwide demonstrate biochar's potential to increase crop yields in nutrient-deficient soils.

๐‚๐ฅ๐ข๐ฆ๐š๐ญ๐ž ๐œ๐ก๐š๐ง๐ ๐ž ๐ฆ๐ข๐ญ๐ข๐ ๐š๐ญ๐ข๐จ๐ง: Pyrolysis of organic waste streams to produce biochar offers 64% more carbon reduction compared to wasting biomass. The carbon in biochar can remain locked in soils for hundreds to thousands of years, unlike fertilizers.

๐–๐š๐ญ๐ž๐ซ ๐ซ๐ž๐ญ๐ž๐ง๐ญ๐ข๐จ๐ง: Biochar porosity enhances the soil's ability to capture and retain moisture - a key benefit for drought-prone regions and rain-fed agriculture. For example, a 2% biochar mix can increase water-holding capacity by 20% in sandy soils.

๐‘๐ž๐๐ฎ๐œ๐ข๐ง๐  ๐Ÿ๐ž๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐ž๐ซ ๐ฉ๐จ๐ฅ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง: Biochar improves soil nutrient retention, allowing plants to utilize fertilizers more efficiently. Studies across Asia recorded 30-80% drops in nitrogen fertilizer runoff from farms using biochar.

While adoption is still early-stage in most regions, the market outlook is positively driven by increasing climate focus among governments and global development agencies. For instance, the World Bank has several active biochar-related interventions across Sub-Saharan Africa, South Asia, and Latin America, with funding upto $37 million per project.

Purchase this report @ https://www.tritonmarketresearch.com/reports/biochar-market#purchase-option

Question & Answer: Biochar Market

Question 1: What are the challenges facing the biochar market?
Answer: Challenges in the biochar market include scalability of production, variability in biochar properties, lack of standardized quality control measures, limited awareness and adoption among farmers, and regulatory barriers related to certification and land use.

Question 2: What are the environmental benefits of using biochar?
Answer: Biochar helps mitigate climate change by sequestering carbon in the soil for hundreds to thousands of years, thus reducing greenhouse gas emissions. It also improves soil health, reduces nutrient leaching, and enhances crop productivity, thereby promoting sustainable agriculture practices.

Question 3: What are the applications of biochar?
Answer: Biochar finds applications in agriculture as a soil amendment to improve soil structure, nutrient retention, and water holding capacity. It is also used in environmental remediation projects, livestock farming, and as a component in filtration systems.

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