Global Biochar Market By Application Overview
Introduction:
Biochar is defined as a carbon-rich material produced during the pyrolysis process which is the thermochemical decomposition of biomass with temperatures ≤700°C in the absence or limited supply of oxygen. Biochar is mainly used in soil amendment to improve soil health, nutrient and microbial carrier, immobilizing agent to treat toxic metals and organic contaminants in soil and water, catalyst for industrial applications, porous material. Biochar is a charcoal-like material made from forest waste, agriculture waste and other pollutants residues that decomposes at high temperatures, often during renewable energy production, Biochar is charcoal used to improve soil fertility, biochar is a carbonaceous product, a stable solid. Biochar is also used in carrier flavors sweeteners and any other ingredient in chewing gums. It is a cost-effective solution for energy production and thus the use of this product is increasing rapidly worldwide. The production of this chari is also very easy and convenient. The increasing use of these chars for power generation creates lucrative opportunities for the market over the forecast period. The use of biochar in water treatment processes is predicted to become another important application in the near future, especially in emerging nations, due to the increasing demand for water treatment facilities. Furthermore, production of biochar using biogas and crop residues will support the market growth throughout the forecast period. Global Biochar Market size accounted for US$ 1580.59 million in 2020 and is estimated to be US$ 6189.16 million by 2030 and is anticipated to register a CAGR of 14.7%.
Global Biochar Market By Application Dynamics
Growing use of biochar and High Costs of Biochar
The growing use of biochar in power generation, pharmaceutical and forestry technology and growing demand for biochar for its health benefits in most sectors globally are the major drivers of the global market. However, high investment and technological barriers in remote areas may restrain the growth of the global biochar market during the forecast period. Biochar is a cost-effective, waste-reducing, pollution-free and inexpensive raw material. It has several uses one of which is livestock feed, this product is used to improve the health of animals and provide them with organic nutrients. The use of this substance as feed helps in the absorption and digestion of toxins in the animal's body. Farmers in some areas have started feeding cows daily. Thus, the demand in the industry increases and the market grows during the forecast period. On the other hand, biochar production is an expensive process that requires a variety of sophisticated and expensive pyrolysis equipment. Furthermore, since it requires an oxygen-free environment at a certain temperature, the pyrolysis gas obtained during biochar production is expensive to store and transport. This makes it difficult for producers with limited investment capital to enter the biochar market.
Technological advancement
Lack of efficient technologies for low-emission biochar production, especially for remote or mobile production, has hindered biochar market value in recent times. Adoption of chemical-free farming techniques is becoming more popular as people become aware of the health benefits of organic food. Thermochemical techniques is used for biochar production include pyrolysis, hydrothermal carbonization, gasification, flash carbonization, and torrefaction. Thermochemical conversion techniques are pyrolysis, hydrothermal carbonization (HTC), gasification, torrefaction and hydrothermal liquefaction. Pyrolysis is a thermochemical technique that produces biochar, bio-oil and syngas from biomass. This process involves heating and thermally decomposing biomass under anaerobic conditions with temperatures between 400°C and 1200°C or under limited oxygen supply (low stoichiometric oxygen atmosphere).
Global Biochar Market By Application Segmentation
Source: Prophecy Market Insights
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Biochar Market is segmented based on application, technology, manufacturing process and region.
On the basis of application, the Global Biochar Market is segmented into Gardening, Agriculture, and Household. On the basis of feedstock, the Global Biochar Market is segmented into Agricultural Waste, Forestry Waste, Animal Manure, and Biomass Production. On the basis of technology, the target market is classified into Microwave Pyrolysis, Batch Pyrolysis, Continuous Pyrolysis Kiln, and Gasifier and Cookstove. On the basis of manufacturing process, the Global Biochar Market is segmented into Gasification, Fast and Intermediate Pyrolysis, and Slow Pyrolysis. Biochar included in the various production technologies available include biochar, with pyrolysis being the most efficient production process. Due to the growing needs of power generation, there has been a moderate increase in the use of gasification technology. Other production processes such as hydrothermal carbonization, acid hydrolysis and cooking stoves are used by small producers to achieve higher profits. Pyrolysis will remain a highly sought-after technology for biochar production.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Biochar Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor is anticipated to increase demand for bagless vacuum cleaner in the region. Asia Pacific is expected to witness extremely high growth due to the presence of a large and developing agricultural sector in emerging economies such as China and India. Various R&D initiatives and government initiatives are expected to contribute to spread awareness among the farming community about biochar and its benefits and thereby increase demand.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 to 2030 |
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Market Segmentation |
By Application - Gardening, Agriculture, and Household By Feedstock - Agricultural Waste, Forestry Waste, Animal Manure, and Biomas Production By Technology - Microwave Pyrolysis, Batch Pyrolysis, Continuous Pyrolysis Kiln, and Gasifier and Cookstove By Manufacturing Process - Gasification, Fast and Intermediate Pyrolysis, and Slow Pyrolysis |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Biochar Market report based on application, feedstock, technology, manufacturing process and region:
Global Biochar Market, By Application:
- Gardening
- Agriculture
- Household
Global Biochar Market, By Feedstock:
- Agricultural Waste
- Forestry Waste
- Animal Manure
- Biomas Production
Global Biochar Market, By Technology:
- Microwave Pyrolysis
- Batch Pyrolysis
- Continuous Pyrolysis Kiln
- Gasifier and Cookstove
Global Biochar Market, By Manufacturing process:
- Gasification
- Fast and Intermediate Pyrolysis
- Slow Pyrolysis
Global Biochar Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Biochar Market By Application Key Players
The key players operating the Global Biochar Market includes Agri-Tech Producers LLC, Biochar Products, Inc., Diacarbaon Energy, Inc., Chargrow LLC, Genesis Industries, Green Charcoal International, Vega Biofuels, Inc., Invert Inc., Cool Planet Energy Systems, and Full Circle Biochar. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, In September 2022, Invert Inc. and BC Biocarbon Announce Carbon Credit Streaming Agreement. BC BioCarbon is a proudly Canadian company headquartered in McBride, British Columbia. Founded in 2011, BC BioCarbon's proprietary biorefinery technology produces bioenergy and biogenic carbon products, including biochar, bicoal, biochemicals and other valuable products. Through a patented biorefinery system, the company aims to recover as much carbon as possible to help capture value and mitigate climate change.
Global Biochar Market By Application Company Profile
- Agri-Tech Producers LLC*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Biochar Products, Inc.
- Diacarbaon Energy, Inc.
- Chargrow LLC
- Genesis Industries
- Green Charcoal International
- Vega Biofuels, Inc.
- Invert Inc.
- Cool Planet Energy Systems
- Full Circle Biochar
“*” marked represents similar segmentation in other categories in the respective section
Global Biochar Market By Application Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Application
- Market Snippet, By Feedstock
- Market Snippet, By Technology
- Market Snippet, By Manufacturing Process
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Biochar Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Gardening
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Household
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Biochar Market, By Feedstock, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Agricultural Waste
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Forestry Waste
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Animal Manure
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Biomas Production
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Biochar Market, By Technology, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Microwave Pyrolysis
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Batch Pyrolysis
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Continuous Pyrolysis Kiln
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Gasifier and Cookstove
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Biochar Market, By Manufacturing Process, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Gasification
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Fast and Intermediate Pyrolysis
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Slow Pyrolysis
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Biochar Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Feedstock , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Manufacturing Process , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Feedstock , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Manufacturing Process , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Feedstock , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Manufacturing Process , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Feedstock , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Manufacturing Process , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Feedstock , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Manufacturing Process , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Agri-Tech Producers LLC,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Biochar Products, Inc.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Diacarbaon Energy, Inc.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chargrow LLC,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Genesis Industries,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Green Charcoal International,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Vega Biofuels, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pacific Pyrolsis Pty. Ltd.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cool Planet Energy Systems,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Full Circle Biochar
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Biochar Market report segments the market on the basis into application, feedstock, technology, manufacturing process and region.
Because Biochar is enhanced with nitrogen-rich organic components during the digestion process, the expelled biochar-manure becomes a more beneficial organic fertiliser during storage and soil application, resulting in decreased nutrient losses and greenhouse gas emissions.
The biochar market size in Asia-Pacific region is projected to grow at the highest CAGR during the forecast period.
The leading players operating in the Global Biochar Market includes Agri-Tech Producers LLC, Biochar Products, Inc., Diacarbaon Energy, Inc., Chargrow LLC, Genesis Industries, Green Charcoal International, Vega Biofuels, Inc. Pacific Pyrolsis Pty. Ltd., Cool Planet Energy Systems, and Full Circle Biochar.