The global biochar market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a CAGR of 12.37% during 2022-2027.According to the latest report by IMARC Group titled, “Biochar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global biochar market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a CAGR of 12.37% during 2022-2027.
Biochar refers to a type of carbon-rich charcoal that is produced by the heating of agricultural waste, animal manure, and woody biomass. It helps in improving soil fertilization, maintaining adequate moisture levels, reducing pollutants, providing crop nutrition, and preventing soil leaching. Owing to various technological innovations, such as gasification and pyrolysis, biochar finds extensive applications across various industries, including pharmaceuticals and agriculture.
Request for a sample copy of this report: https://www.imarcgroup.com/biochar-market/requestsample
The prevalent trend of organic farming has stimulated the utilization of biochar in mixed farming, biodynamic agriculture, and zero tillage farming methods. In line with this, the rising health consciousness and escalating consumer expenditures on high-quality, organic food items have bolstered the market growth. Moreover, the thriving electronics industry is positively influencing the demand for biochar in the manufacturing of building materials. Apart from this, the increasing awareness about waste management, coupled with various stringent environmental regulations for minimizing carbon footprints, is expected to fuel the growth of the global biochar market in the coming years.
Breakup by Feedstock Type:
- Woody Biomass
- Agricultural Waste
- Animal Manure
- Others
Breakup by Technology Type:
- Slow Pyrolysis
- Fast Pyrolysis
- Gasification
- Hydrothermal Carbonization
- Others
Breakup by Product Form:
- Coarse and Fine Chips
- Fine Powder
- Pellets, Granules and Prills
- Liquid Suspension
Breakup by Application:
- Farming
- Gardening
- Livestock Feed
- Soil, Water and Air Treatment
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape
- Agri-tech Producers
- Diacarbon Energy Inc.
- Cool Planet
- Pacific Biochar
- Phoenix Energy
- Biomacon GmbH
- Vega Biofuels
- Terra Char
- Avello Bioenergy
- Genesis Industries
- Interra Energy Services
- Element C6
- Carbon Gold Ltd.
- Biochar Solution Ltd.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/biochar-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Related Reports
Cables and connectors market: https://www.imarcgroup.com/cables-connectors-market
Mirror coatings market: https://www.imarcgroup.com/mirror-coatings-market
Immunoglobulin market: https://www.imarcgroup.com/immunoglobulin-market
Satellite data service market: https://www.imarcgroup.com/satellite-data-service-market
Tag management system market: https://www.imarcgroup.com/tag-management-system-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com
