Global Biochar Market Growth 2023-2029
Biochar is the solid product of pyrolysis, designed to be used for environmental management. IBI defines biochar as: A solid material obtained from thermochemical conversion of biomass in an oxygen-limited environment.
Biochar is charcoal used as a soil amendment. Like most charcoal, biochar is made from biomass via pyrolysis. Biochar can increase soil fertility of acidic soils (low pH soils), increase agricultural productivity, and provide protection against some foliar and soil-borne diseases. Furthermore, biochar reduces pressure on forests. Biochar is a stable solid, rich in carbon, and can endure in soil for thousands of years.
LPI (LP Information)' newest research report, the “Biochar Industry Forecast” looks at past sales and reviews total world Biochar sales in 2022, providing a comprehensive analysis by region and market sector of projected Biochar sales for 2023 through 2029. With Biochar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biochar industry.
This Insight Report provides a comprehensive analysis of the global Biochar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biochar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biochar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biochar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biochar.
The global Biochar market size is projected to grow from US$ 280.7 million in 2022 to US$ 520.8 million in 2029; it is expected to grow at a CAGR of 520.8 from 2023 to 2029.
Global key players of Biochar include Carbon Gold, The Biochar Company (TBC), Biochar Supreme, Cool Planet, BlackCarbon and Swiss Biochar GmbH, etc. Top three players occupy for a share about 20%. North America is the largest market, with a share about 51%, followed by Europe and Asia Pacific. In terms of product, Wood-based Biochar is the largest segment, with a share over 64%. In terms of application, Soil Conditioner is the largest market, with a share over 82%.
This report presents a comprehensive overview, market shares, and growth opportunities of Biochar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wood-based Biochar
Corn Straw Biochar
Rice Straw Biochar
Wheat Straw Biochar
Other Straw Biochar
Segmentation by application
Soil Conditioner
Fertilizer
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cool Planet
Biochar Supreme
NextChar
Terra Char
Carbon Gold
ElementC6
Swiss Biochar GmbH
Pacific Biochar
Biochar Now
The Biochar Company (TBC)
BlackCarbon
Carbon Terra
Terra Humana
Liaoning Jinhefu
Hubei Jinri Ecological Energy
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Key Questions Addressed in this Report
What is the 10-year outlook for the global Biochar market?
What factors are driving Biochar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biochar market opportunities vary by end market size?
How does Biochar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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