Biochar Market Size- By Technology, By Feedstock, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Biochar Market Overview
According to SPER Market Research, the Global Biochar Market is estimated to reach USD 0.77 billion by 2032 with a CAGR of 13.46%. The global biochar market refers to the production, distribution, and consumption of biochar, a type of charcoal produced by heating organic materials in the absence of oxygen. Biochar is primarily used as a soil amendment, as it can improve soil fertility, water retention, and nutrient availability, which can result in increased crop yields and improved plant health. The biochar market has been growing rapidly in recent years, driven by increasing demand for sustainable and organic farming practices, as well as a growing interest in renewable energy and carbon sequestration.
Impact of COVID-19 on the Global Biochar MarketThe COVID-19 pandemic has had a mixed impact on the global biochar market. On one hand, the pandemic has increased awareness about the importance of sustainability and environmental protection, which has boosted the demand for biochar in agriculture and forestry. This has been driven by the growing interest in organic and sustainable farming practices, as well as a focus on improving soil health and crop yields.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments coveredBy Technology, By Feedstock, By Application
Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies CoveredAirex Énergie Inc., American BioChar Company, Arstaeco, Biochar Now, Black Owl Biochar, CharGrow USA LLC,Cool Planet , Earth Systems Consulting Pty Ltd ,ECOERA, ETIA S.A.S., Pacific Pyrolysis Pty Ltd, Phoenix Energy, PYROPOWER
Global Biochar Market Segmentation:By Feedstock:Based on the Feedstock, Global Biochar Market is segmented as; Agriculture Waste, Animal Manure, Biomass Plantation, Forestry Waste.
By Technology:Based on the Technology, Global Biochar Market is segmented as; Batch Pyrolysis Kiln, Cookstove, Gasification, Microwave Pyrolysis, Pyrolysis, Others.
By Application:Based on the Application, Global Biochar Market is segmented as; Agriculture, Electricity Generation. Gardening, Household.