Biochar Market Report - Feasibility, Performance, Area of Operations, Availability, Global Manufacturers like Earth Systems, Biochar Supreme, LLC, Vega Biofuels, Inc., Chargrow LLC, Diacarbon Energy Inc., Arsta Eco, Pacific Pyrolysis and More

Biochar is the charcoal used as an enhancer for soil properties. Biochar is a very good soil amender that helps in holding carbon, boosting food security, increasing soil biodiversity, and discouraging deforestation. Agricultural waste is converted into porous charcoal by means of chemical treatment, which helps to retain water and nutrients thereby making it a necessary additive.

There are numerous advantages offered by biochar along with its bio-sustainability, such as increasing crop yields, increasing soil fertility for acidic soils, preventing fertilizer runoff and leeching, reducing agricultural pollution, replenishing exhausted or marginal soils with organic carbon, and fostering the growth of soil microbes essential for nutrient absorption. Global biochar market is expected to grow at a CAGR of 15.1% from 2017 to 2025.

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The global biochar market is segmented based on technology, feedstock, equipment, applications, and geography. By technology, the market is bifurcated as pyrolysis and gasification markets. Pyrolysis technology is further divided as fast & intermediate pyrolysis, slow pyrolysis, and microwave pyrolysis. By feedstock, the market is categorized into forestry waste, biomass plantation, agricultural waste, and animal manure.

MARKET LANDSCAPE

By Technology
• Pyrolysis
o Fast & Intermediate Pyrolysis
o Slow Pyrolysis
o Microwave Pyrolysis
• Gasification

By Feedstock
• Forestry Waste
• Biomass Plantation
• Agricultural Waste
• Animal Manure

By Equipment
• Continuous Pyrolysis Kiln
• Batch Pyrolysis Kiln
• Gasifier & Cook Stove
• Others (Rotary Kiln & Microwave Pyrolysis)

By Application
• Energy-based
o Source for Power Plant
o Other Energy Generation

• Non-Energy based
o Carbon Sequestration
o Forestry
o Mine Reclamation
o Gardening
o Agriculture
o Others

By Geography
• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia-Pacific
o China
o India
o South Korea
o Japan
o Rest of Asia-Pacific

• LAMEA
o Brazil
o Africa
o Turkey
o Rest of LAMEA

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Market Players:
The top players in the global biochar market include Earth Systems, Biochar Supreme, LLC, Vega Biofuels, Inc., Chargrow LLC, Diacarbon Energy Inc., Arsta Eco, Pacific Pyrolysis Pty Ltd., Phoenix Energy, Green Charcoal International, and The Biochar Company.

Market Dynamics:
Drivers:
• Environmental benefits and eco-sustainability of biochar is expected to increase the demand for biochar market during the forecast period.
• Availability of cheaper feedstock is projected to drive the biochar market.
• Potential for waste management and water & food security is expected to increase the demand for the biochar market.
Restraints:
• Stringent rules and regulations from governing agencies have hampered the growth of the biochar market.
• Technological uncertainty is projected to slow down the growth of the biochar market during the forecast period.
• Lack of consumer awareness has led to a decrease in the consumption of biochar.

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This release was published on openPR.