Global Biochar Market - Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020
DUBLIN, Aug. 22, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Biochar Market - Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
The global commercial biochar production volume (excluding China) was about 100 Kilo tons in 2013 with the maximum percentage share held by North America, followed by Asia Pacific, Europe and Rest of the World with the respective shares of 55%, 23%, 20% and 2%. However, the growing awareness about biochar, with respect to the productivity, usability and revenue generation; suggests that the overall biochar production volume will surge in the next five to ten years. Also, depending upon the soil conditions, biochar production process and technology alongwith the nature and scalability of biochar application, a shift in the Biochar market is expected in the next five years with Asia Pacific holding the maximum market share.
Although biochar is an emerging sector, still at a niche stage, its market is expected to grow on account of the useful properties that ensure environmental benefits and enhanced productivity. The continuous research & development activities in various research institutes and universities also suggest the potential for biochar market growth. These studies focus on the different exploitable useful properties of biochar such as carbon sequestration and enhancement in soil properties.
Apart from this, there have been wide scale promotional activities and conferences, involving farmers, industry stakeholders, scientists, manufacturers buyers, and suppliers, to propagate awareness, benefits and applicability of biochar, both on a small and commercial scale. Biochar business has emerged globally and the world is witnessing the early stage formation of the biochar industry. Also, biochar standards and certification programs, such as IBI Biochar Standards, IBI Biochar certification, European Biochar Certificate and Biochar Risk Assessment Framework (BARF) etc are gaining momentum on the global level, which will ensure sustainable biochar market for long term.
Some of the factors such as increasing productivity of soil to serve higher yields, sequestration of carbon in soil thereby, reducing atmospheric carbon dioxide coupled with the easy waste management are expected to serve as the drivers for the biochar market for the forecast period. Other factors that positively impact the biochar market include requirement to preserve cropland diversity and creation of bioenergy as a substitute.
According to the International Biochar Initiative, there are around 175 active companies in the biochar industry. The global biochar industry is characterized by wide range of activities such as:
- Biochar production
- Biochar production equipment manufacturers
- Other enterprises and associations (developers, consultants and others)
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Biochar Market Volume And Revenue, By Region, 2013-2020 (Kilo Tons)(Usd Million)
Chapter 5 Global Biochar Market: Feedstock, Technology And Application Analysis
Chapter 6 Company Profiles
Companies Mentioned:
- Agri-Tech Producers, Llc
- Biochar Products
- Blackcarbon A/S
- Chargrow, Llc
- Cool Planet Energy Systems, Inc.
- Diacarbon Energy, Inc.
- Earth Systems Pty Ltd
- Genesis Industries, Llc
- Green Charcoal International
- Hawaii Biochar Products, Llc
- Pacific Pyrolysis Pty Ltd.
- Phoenix Energy
- The Biochar Company
- Vega Biofuels, Inc.
For more information visit http://www.researchandmarkets.com/research/tpdrxb/global_biochar
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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