U.S. Biochar Market Insights Covering Market Dynamics and Competitive Scenario through 2020

Posted on 2018-05-11 by Mark Hub in Industrial // 0 Comments

Albany, USA, 2018-May-11 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Biochar, Market Research Reports Search Engine (MRRSE) has included a new report titled “Biochar Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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A fresh market intelligence study by MRRSE suggests that the future of the global biochar market is prosperous. And, although the market is currently in nascent stage, its stockholders will gain new revenue opportunities as a result of its diverse applications in soil amendment, greenhouse gas remediation, and energy production. The report identifies Vega Biofuels, Inc., Pacific Pyrolysis Pty Ltd, Phoenix Energy, Biochar Supreme LLC, Agri-Tech Producers, LLC, Full Circle Biochar, Diacarbon Energy Inc., Genesis Industries LLC, Earth Systems Bioenergy, Pacific Biochar, CharGrow, LLC, and Cool Planet Energy Systems as some of the key companies currently operating in the global biochar market.

As per the projections of the MRRSE report, the demand in the global biochar market will multiply at an impressive CAGR of 14.5% during the forecast period of 2017 to 2025, estimating it to reach a valuation of US$14,751.8 thousand by 2025, considerably up from its evaluated worth of merely US$444.2 thousand in 2016. The report also detects Federal Rural University of the Amazon, Aberystwyth University, University of East Anglia, and Massey University as some of the institutes that are currently involved in the research and production of biochar, and may redefine the future of the global market for it. As far as the share of domestic players in the global pie is concerned, the report notes high concentration of manufacturers in the region of North America. These small enterprises are completely integrated into the value chain of the biochar market, right from the production stage to its commercialization.

Based on feedstock type, the global biochar market gains maximum demand from woody biomass segment, whereas agriculture and forestry are two important application categories. Geographically, North America is most profitable region, followed by Europe, although vastly populated region of Asia Pacific is projected to increment the demand for biochar at most robust growth rate during the forecast period of 2017 to 2025.

The global biochar market is gaining traction from a number of factors, such as its growing usage for soil enhancement, escalating demand for organic food, strict government regulations for soil preservation, waste management benefits, growing investment in the bio-fuels sector, increasing environmental concerns and the consequent need to reduce greenhouse gas emission, and the availability of cheaper feedstock and management of waste disposal. Biochar is produced mainly through modern pyrolysis processes in which direct thermal decomposition of biomass waste in the absence of oxygen takes place, resulting into biochar along with bio-oil and syngas.

Biochar is rich in carbon content and is fine grained residue. Biochar can also be obtained using different technologies such as gasification and microwave pyrolysis. In the agriculture sector, biochar is primarily used to enhance soil fertility, increase yield, and provide crop nutrition. Besides improved overall productivity, biochar is also gaining considerable popularity in livestock farming as an animal feed. Owing to the surge in the food industry, the agriculture industry is expected to increasingly adopt biochar as the forecast period unfolds. On the other hand, financial barriers in a number of emerging economies and the lack of consumer awareness are a few hindrances faced by the global biochar market.

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The U.S. biochar market research report includes market drivers, market restraints, and market opportunities, and also their impact on the growth of the biochar market over the forecast period. Furthermore, the study encompasses opportunities for market growth in the U.S. In order to compile the research report, we conducted in-depth primary interviews and discussions with numerous key opinion leaders (KOLs) and participants. As the U.S. biochar industry is in the development phase, we have relied on the responses of primary interviews with consultants and KOLs. We have also reviewed key players’ product portfolio, annual reports, press releases, and relevant documents for competitive analysis and better understanding of the biochar market in the U.S. Secondary research includes in-depth research on current trends, trade journals, Internet sources, statistical data, and technical writing from associated approach for obtaining concise data, capturing industry participants’ insights and recognizing growth opportunities.

The uniqueness of the report lies in the overall industrial description of the U.S. biochar market, which is presently a niche market and is in the development stage. The study analyzes the value chain of the U.S. biochar market. The phases in the value chain comprise feedstock procurement and preparation, transport, drying, production of biochar, transfer, distribution, and end-use of biochar. The report also provides detailed analysis of various factors influencing the U.S. biochar market by employing Porter’s Five Forces analysis. The analysis sheds light on the bargaining power of buyers and suppliers, threat from substitutes and new entrants, and the degree of competition in the U.S. biochar market. Moreover, the research study provides cost analysis of biochar, which includes qualitative and quantitative analysis of each cost component from feedstock cost to biochar transportation.

Profiles of leading companies have been provided in the U.S. biochar market report along with the list of technology providers, manufacturers, and suppliers of biochar in the U.S. market. Key participants in the U.S. biochar market include Agri-Tech Producers, LLC, Biochar Supreme, LLC, Cool Planet Energy Systems, Inc., Full Circle Biochar, and The Biochar Company. The report also analyzes several other players involved in the market, including BioChar Products, CharGrow, LLC, Genesis Industries, LLC, Hawaii Biochar Products, LLC, New England Biochar, LLC, Phoenix Energy, Three Dimensional Timberlands, LLC, Tolero Energy, LLC, Vega Biofuels, Inc., and Victory Gasworks.

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The U.S. Biochar Market has been segmented as below:

U.S. Biochar Market: Application Segment
- Gardening
- Agriculture (Large Farms)
- Household

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