Global Biochar Market to Grow at 12.37% During 2022-2027, Impelled by Significant Growth in Agriculture Sector

December 26, 2019

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. Biochar is a carbon-rich product that is obtained by burning organic materials, including wood, leaves or animal manure, at a controlled temperature in an environment with limited oxygen availability. It is characterized by a black color and porous texture that is lightweight in nature. It is a fine-grained material that is considered to be a cleaner and more efficient alternative to other types of charcoal for converting carbon into a stable form. It can also retain moisture and nutrients in the soil for plant absorption, thereby reducing soil pollution and leaching. It is widely utilized across the agricultural sector for enhancing agricultural productivity and minimizing the atmospheric greenhouse effect.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Biochar Market Trends:

The global market is primarily driven by significant growth in the agricultural sector. Biochar is increasingly used in the sector to enhance soil quality and crop yield by improving the water quality and quantity as well as soil retention of nutrients and agrochemicals. This is supported by the widespread popularity of organic farming across the globe, wherein biochar is widely utilized as a sustainable substitute for chemical fertilizers. With the inflating disposable income levels of the masses and an enhanced focus on sustainable development, there has been a considerable rise in sales of organic fruits and vegetables, thereby providing an impetus to the market growth. Moreover, biochar also finds widespread utilization in other farming practices, such as biodynamic agriculture, zero tillage farming and mixed farming. This, coupled with the numerous favorable initiatives undertaken by the government of several countries to promote the use of biochar in the agricultural sector for improving land fertility and productivity, is expected to create a positive outlook for the market. Some of the other factors contributing to the market growth include thegrowing product utilization in the construction industry for insulation purposes, increasing popularity of biochar as a feed supplement and extensive research and development (R&D) conducted by key players.On account of these factors, the market is expected to grow at a CAGR of 12.37% during 2022-2027.

Market Summary:

  • Based on the feedstock type, the market has been segmented into woody biomass, agricultural waste, animal manure and others.
  • On the basis of the technology type, the market has been classified into slow pyrolysis, fast pyrolysis, gasification, hydrothermal carbonization and others.
  • The market has been categorized based on the product form into coarse and fine chips, fine powder, pellets, granules and prills, and liquid suspension.
  • On the basis of the application, the market has been segregated into farming, gardening, livestock feed, soil, water and air treatment, and others.
  • Region-wise, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
  • The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include Agri-tech Producers, LLC, Diacarbon Energy Inc., Cool Planet Energy Systems, Inc., Pacific Biochar Benefit Corporation, Phoenix Energy Group, Biomacon GmbH, Vega Biofuels, Inc., Terra Char, Avello Bioenergy, Inc., Genesis Industries, LLC, Interra Energy Services, Element C6, Inc., Carbon Gold Ltd. and Biochar Solution, Inc.


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.

Contact Us

IMARC Group

USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal

Global Biochar Market to Grow at 12.37% During 2022-2027, Impelled by Significant Growth in Agriculture Sector
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More