Biochar Market Size to Reach USD 454.3 Million in 2030 | Emergen Research

VANCOUVER, BC, June 7, 2022 /PRNewswire/ -- According to Emergen Research, the global biochar market size was USD 160.9 million in 2021 and is expected to reach USD 454.3 million in 2030 and register a revenue CAGR of 12.1% during the forecast period, 2021-2030.

Increasing awareness regarding benefits of biochar on environment, growing use of biochar for carbon sequestration, and rising application of biochar in animal feed are some key factors expected to drive biochar market growth.

Market Size – USD 160.9 Million in 2021, Market Growth – at a CAGR of 12.1%, Market Trends – Increasing use of biochar to reduce agricultural emissions from fertilizer usage

Market Dynamics:

Biochar is often defined as the carbon-rich material that is produced during pyrolysis process and is a flammable solid and requires careful handling.  Biochar is primarily carbon but also comprises oxygen, hydrogen, and some inorganic ash if it is present in the parent biomass. Since biomass is carbon neutral, the combustion of biochar is often considered beneficial for the environment. Biochar has a wide range of non-fuel uses including adsorption of chemicals and carbon storage in ground which helps in reducing emissions.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1033

Biochar also presents numerous positive effects on quality of soil and its addition to the soul can increase crop production by enhancing the physiochemical and biological properties such as water retention and pH of the soil. Biochar also has the potential to reduce agricultural emissions by lowering the amount of fertilizer needed and these are some key factors expected to drive market revenue growth over the forecast period.

Biochar is a biomaterial rich in carbon generated during the combustion of biomass through pyrolysis with syngas, bio-oil and biochar as the byproducts. Biochar offers a critical way of removing carbon from the atmosphere and provides numerous opportunities for its use in different areas of production and utilization of biomass. Biochar is a potentially attractive option for the production of biofuels and biochemicals as it can reduce carbon footprint and improve sustainability of biomass sourcing. Biochar can be used in a wide range of industrial processes such as as solid fuel in boilers, in the production of nanotubes, in the manufacture of activated carbon, and in production of hydrogen-rich gas and these are some other factors expected to drive market revenue growth over the coming years. However, certain risks of increased use of biochar on flora and fauna and ecological systems are some key factors that can hamper market growth to a certain extent going ahead.

COVID-19 Impact Analysis 

• Social distancing and restrictions severely disrupted businesses and operations
• Lockdowns caused disruptions in transportation and logistics
• Impacted manufacturing activities and mining operations globally
• Took a toll on economy of various countries
• Caused sudden and drastic downturn in economic activity
• Disrupted agriculture, fisheries, dairy, and other sectors
• Caused loss of employment and financial crisis
• Supply impacts were further compounded owing to reduced disposable income
• Emergence of variants continue to cause concerns and impact normal routines

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/biochar-market

Pyrolysis Segment to Account for Largest Revenue Share:

Pyrolysis segment is expected to account for largest revenue share in the global market over the forecast period. Pyrolysis is one of the most extensively used methods to produce biochar and can be used to generate other important components such as bio-oil and syngas. Pyrolysis can be done on a small scale and in remote places which can increase energy density and lower transportation and handling costs and these are some key factors expected to contribute to revenue growth of the segment over the forecast period.

Agriculture Segment to Register Significant Revenue Growth:

Agriculture segment is expected to register significant revenue growth over the forecast period attributed to increasing use of biochar to improve soil's biological productivity, promote soil fertility, plant growth, and crop nutrition, growing demand for organic food products, and increasing use of biochar to enhance animal feed and maintain good livestock health.

Asia Pacific to Lead in Terms of Revenue CAGR:

Asia Pacific market revenue is expected to expand at rapid CAGR over the forecast period attributable to rapidly increasing agricultural activities, growing use of biochar to improve soil quality, rising production of organic foods, and increase in number of livestock farms in the region.

Major Companies in the Market Include:

• Agri-Tech Producers, LLC
• Diacarbon Energy Inc.
• Biochar Products, Inc.
• Phoenix Energy Group
• BIOCHAR INNOVATIONS PTE LTD.
• Bioforcetech Corp.
• Airex Énergie Inc.
• Aries Clean Technologies
• Mai Animal Health
• Wakefield Biochar

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1033

Scope of Research

Custom Requirements can be requested for this Report [Customization Available] @ https://www.emergenresearch.com/request-for-customization/1033

For the purpose of this report, Emergen Research has segmented the global biochar market on the basis of technology, application, and region:

Technological Outlook (Revenue, USD Million; 2019–2030)

• Pyrolysis
• Gasification
• Others

Application Outlook (Revenue, USD Million; 2019–2030)

• Agriculture
• Livestock
• Organic Farming
• Inorganic Farming
• Electricity Generation
• Others

Regional Outlook (Revenue, USD Million; 2019–2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Spain
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• Middle East & Africa
• Saudi Arabia
• U.A.E.
• South Africa
• Turkey
• Rest of MEA

Latest Research Reports Published by Emergen Research:

Mammalian Cell Culture Market, By Media (Classical Media, Serum-Free Media), By Application (Vaccines, Monoclonal Antibodies), By End-Use (Biopharmaceutical Industry, Research Laboratories), and By Region Forecast to 2030.

Hydraulic Fluid Market, By Distribution Channel (OEMs, Aftermarket), By Base Oil (Mineral Oil, Synthetic Oil, Bio-Based Oil), By End-Use (Construction, Metal & Mining, Agriculture, Oil & Gas, Automotive, Others), and By Region Forecast to 2030.

Fitness Tracker Market By Device Type (Smartwatches, Fitness Bands, Smart Glasses, Smart Clothing, and Others), By Distribution Channel (Online and Offline), By Application, and By Region Forecast to 2030.

Ultrafiltration Membranes Market By Material Type, By Product Type, By Application, and By Region Forecast to 2030.

Ethoxylates Market, By Product Type (Alcohol, Fatty Acid, Fatty Amine), By Application (Detergents, Ointments & Emulsions, Herbicides), By End-Use (Household & Personal Care, Agrochemicals, Pharmaceuticals), and By Region Forecast to 2030.

MicroLED Display Market, By Product (Large-Scale Display, Small & Medium-Sized Display, Micro Display), By Application, By Industry, and By Region Forecast to 2030.

Robotic Endoscopy Devices Market, By Approach (Surgical, Diagnostic), By Application (Laparoscopy, Colonoscopy, Bronchoscopy, Others), By End-Use (Hospitals, Ambulatory Surgical Centers), and By Region Forecast to 2030.

Photodynamic Therapy Market By Product Type, By Application, By End-Use, and By Region, Forecast to 2030

Neoantigen Targeted Therapies Market, By Target Disease Indication (Colorectal Cancer, Renal Cell Carcinoma), By Neoantigen Types (Personalized Neoantigen), By Immunotherapy Type, and By Region Forecast to 2030

About Emergen Research 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Emergen Research Media Citations: https://www.emergenresearch.com/media-citations
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Read our Press Release on Prepreg @ https://www.emergenresearch.com/press-release/global-biochar-market

SOURCE Emergen Research