Biochar Market Demonstrates a Spectacular Growth 2019 to 2029

Posted on 2019-08-16 by Mark Hub in Industrial // 0 Comments

A recently compiled report of Fact.MR, titled “Biochar Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2019-2029,” offers an in-depth analysis on the biochar market worldwide. Size of the biochar market has been studies in detail and is provided in terms of value (US$ Mn) and volume (tons). The report also gives an in-depth analysis and projection on the various segments and the competitive landscape of the biochar market.

Biochar Market – Key Growth Influencers

Biochar possesses abilities to improve the infiltrating precipitation in the non-irrigated dry-land production areas, which continues to uplift the scope of penetration, for biochar.
Biochar has been a perceived as a potential soil health enhancer, and the escalating demand for effective soil conditioning agents continues to pace up the gains for the biochar market.
Biochar and related products have been recently witnessing substantial traction as a viable substitute for boosting soil’s carbon content, eventually resulting in rich soil fertility.
The rising regulatory check on the non-therapeutic use of antibiotics, particularly within the poultry sector, continues to create significant adoption opportunities for biochar. When used as a feed additive or supplement, biochar serves to prevent infections and effectively conveys the growth and performance benefits.
Though the use of biochar in building materials, plastics recycling, and as a carbon black alternative is currently at its nascent stage, its industrial applications are likely to grow as government agencies continue to undertake research in this area.

Chapter 1 – Biochar Market Executive Summary
A concise summary of the biochar market is provided in the first chapter of the report, which offers a synopsis of significant findings in the market, and information on the market structure. Opportunity assessment for various companies operating in the biochar market has been given with the aid of Wheel of Fortune. Key trends that are impacting the biochar market growth have also been mention in this section of the report.

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Chapter 2- Biochar Market Overview
The report offers succinct overview of the biochar market, which includes the introduction and the definition of the key product- biochar. A systematic breakdown of the biochar market has been done in this part of the report.

Chapter 3- Biochar Key Market Trends
This section of the report gives information about the key trends that are impacting the growth of the growth of the market. The exclusive development trends in the biochar market are also provided in detail in this section of the report.

Chapter 4- Biochar Market Background
This chapter of the biochar market report brings the spotlight on the market background, wherein various determinants that have been shaping the dynamics of biochar market have been discussed comprehensively. This section also sheds light on the application potential of biochar to assist the readers analyze the growth of biochar market.

Biochar Market in Numbers

Biochar market was valued at US$ 4.2 Mn in 2018, and the sales are primarily driven by its growing use as charcoal alternative and widening applicability in electricity and power generation. Non-energy applications also remain a major booster to biochar sales.
The biochar market is estimated to register ~14% CAGR during 2019-2029, in line with carbon sequestration and water retention properties of biochar, driving its applications in the agriculture industry.
Burgeoning environmental concerns and growing availability of inexpensive feedstock have been creating significant demand for biochar, particularly in North America, which continues to spearhead the global biochar market.
South Asia is envisaged to be the high-growth regional market for stakeholders, with gains mainly poured in by the proliferating biofuel sector in the region.

Biochar Market – Additional Insight

Does Biochar Promise to Help Mitigate Climate Changes

Growing awareness about the carbon negative nature of pyrolysis-derived biochar is creating fresh growth avenues for stakeholders. The potential role of this bichar system derived by the process of pyrolysis is being increasingly viewed as a potential tool to mitigate climate change, by restoring plant based carbon in a stabilized form in soil to prevent decomposition. Though the consensus revolving around the effectiveness of soil biochar amendments in eradicating CO2 from the atmosphere continues to grow, its chemical properties and net carbon footprint are widely variable.

Biochar Market – Competition Landscape

The global landscape of biochar market continues to represent a highly fragmented competition structure, and a majority of revenue shares are held by a wide pool of several unorganized players. Companies, such as Carbon Gold Ltd., Biochar Now LLC, Genesis Industries LLC, Biochar Supreme LLC, and Diacarbon Energy Inc., are currently leading the way, and continue to dedicate their strategies to the innovation of competitively priced, as well as energy-efficiency variants.

As low-emission low-cost biochar products have been recently capturing the attention of participants in the biochar market, it is highly likely that companies will remain adhered to advanced production techniques for a variety of economical substitutes for activated carbon applications. Industry stakeholders are also eyeing gains out of the biochar application in limiting compost greenhouse gas (GHG) emissions and odors, and hydrogen sulfide sorption in wastewater treatment.

A large number of market players are leveraging their R&D capabilities to explore the potential application of biochar in the generation of electricity, and nutrition retention of soil. In view of the potential application and eventual demand for biochar in solving dry land issues, such as acidified soils and drought related problems, stakeholders are investing efforts in creating awareness among the farmers, to unlock new opportunistic avenues in the market. Additionally, the shifting focus of companies on capitalizing on the growing application of biochar in water conservation points to an influx of opportunities in the competition landscape.

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