Global Biochar Market Report 2022-2028: Growth in the Organic Farming Industry to Create Avenues For Future Growth

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Aug 24, 2022, 09:45 ET

DUBLIN, Aug. 24, 2022 /PRNewswire/ -- The "Global Biochar Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

MARKET OUTLOOK

The publisher's report states that the global biochar market is anticipated to witness growth at a CAGR of 13.40% in value and 10.34% in volume over the forecasted period 2022-2028.

Factors such as favorable initiatives, availability of cheap feedstock, and reliable energy flow are driving the growth of the biochar market. Additionally, the ability of biochar to sequester carbon is among the major factors supporting the studied market's growth.

However, high cost, lack of demonstration projects, and contamination of biochar are impeding the overall development of the biochar market globally.

REGIONAL OUTLOOK

The global biochar market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.

The Middle East and Africa is estimated to emerge as the fastest-growing region in the biochar market. Biochar is gaining significant traction in Turkey due to its wide application area. Several rural people face financial issues as their livelihood primarily depends on agriculture. Hence, to overcome this issue, agricultural productivity must be increased, leading to the development of biochar from agricultural residues. Therefore, the use of biochar to improve crop yields is expected to drive the biochar market's growth in the region over the forecast period.

Key Insights

Pyrolysis is the Most Common Technique for Biochar Production
Agriculture Dominates the Application Segment
Growing Need to Avoid Biochar Loss During Application and Transportation

Market Dynamics

Market Drivers

Favorable Initiatives
Availability of Cheap Feedstock
Ability of Biochar to Sequester Carbon
Reliable and Constant Energy Flow

Market Challenges

High Cost
Lack of Demonstration Projects
Contamination of Biochar and Its Feedstock

Market Opportunities

Opportunities for Biochar Market in the Future
Growth in the Organic Farming Industry

Key Topics Covered:

1. GLOBAL BIOCHAR MARKET - SUMMARY

2. INDUSTRY OUTLOOK

3. GLOBAL BIOCHAR MARKET - BY TECHNOLOGY (VALUE IN $ MILLION)
3.1. Slow Pyrolysis
3.2. Fast Pyrolysis
3.3. Gasification
3.4. Intermediate Pyrolysis
3.5. Hydrothermal Carbonization
3.6. Microwave Pyrolysis

4. GLOBAL BIOCHAR MARKET - BY FEEDSTOCK (VALUE IN $ MILLION)
4.1. Forestry Waste
4.2. Agriculture Waste
4.3. Biomass Plantation
4.4. Residential Waste
4.5. Animal Manure

5. GLOBAL BIOCHAR MARKET - BY APPLICATION (VALUE IN $ MILLION)
5.1. Agriculture and Livestock
5.2. Air, Soil, and Water Treatment
5.3. Horticulture
5.4. Industries

6. GLOBAL BIOCHAR MARKET - REGIONAL OUTLOOK (VALUE IN $ MILLION & VOLUME IN KILOTON)

7. COMPETITIVE LANDSCAPE

8. RESEARCH METHODOLOGY & SCOPE

Companies Mentioned

Air Terra
Airex Energy
Anulekh Agrotech Pvt Ltd
Arsta Eco
Biochar Industries
Bioenergy Earth Systems
Carbofex
Carbon Gold
Carbons Finland Oy
Farm2Energy
Novo Carbo
Pacific Biochar
Pyreg GmbH
Pyrotech Energy
Renewable Carbon Resources Australia

For more information about this report visit https://www.researchandmarkets.com/r/k0yg29

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Research and Markets
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[email protected]

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SOURCE Research and Markets