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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Biochar Market: By Technology, By Feedstock, By Application, and Geography
Biochar Market: By Technology, By Feedstock, By Application, and Geography
Biochar Market was valued at US$ 354.9 million in 2023 and is poised to grow at a CAGR of 12.6% over 2024-2030. Biochar is a type of charcoal that is porous, and rich in carbon created from biomass materials via a process known as pyrolysis by heating biomass, such as organic waste, forestry byproducts, wood chips, and agricultural waste, without the presence of oxygen. The widespread adoption of biochar as a soil supplement is driven by the rising need for sustainable agricultural methods. Higher agricultural yields and healthier plants are the result of biochar's improved soil fertility, increased water retention, and promoted nutrient availability.
Furthermore, the ability of biochar to store carbon in the soil presents opportunities in the market for carbon offsets. Investments in biochar initiatives by several countries' governments, businesses, and people who want to offset their carbon emissions to reach sustainability objectives also propel market growth. Moreover, the capacity of biochar to absorb contaminants and nutrients makes it a suitable component for water filtration and treatment systems. The application of biochar in water treatment applications has become a growing trend. But the production of biochar is capital-intensive and energy-consuming, making it relatively expensive compared to traditional soil amendments and fertilizers which hinders the market growth. However, the increase in acceptance of this technology, growing government initiatives, awareness among population, growing agricultural production for increasing population is anticipate to heighten the market growth.
Study Period
2024-2030Base Year
2023CAGR
12.60%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The market is expected to rise due to increased application of biochar in the agricultural sector. The increase in demand for sustainable and environmentally friendly agricultural solutions as knowledge of the effects of conventional farming methods on the environment has grown. This tendency is in line with biochar since it encourages carbon sequestration, improves soil health, and lessens the demand for synthetic fertilizers. There is evidence that using biochar increases crop yields and raises the standard of agricultural output.
In order to increase the productivity and profitability, this has prompted farmers and agricultural businesses to use biochar. Moreover, carbon can be absorbed and held in agricultural soils for long periods of time by adding biochar, which helps with attempts to sequester carbon.
The Asia Pacific Biochar Market is expected to offer healthy growth opportunities due to the economic and agricultural development in China and India. China is the top producer of biochar in the Asia Pacific region. Rising research and development activities in the region to produce biochar products in order to boost crop yield are seen as major drivers for the development of the market. Furthermore, China and India are one of the top agricultural countries worldwide further propelling the market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 354.9 million |
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Market CAGR |
12.60% |
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By Technology |
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By Feedstock |
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By Application |
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By Region |
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The global biochar market size was valued at US$ 354.9 million in 2023 and is projected to grow at a CAGR of 12.6% from 2024-2030.
Airex Energy, Biochar Supreme, Pacific Biochar Corporation, ProActive Agriculture, Phoenix Energy, Carbonis GmbH & Co. KG, Farm2Energy, Oregon Biochar Solutions, CharGrow LLC, Chardust Ltd, Safi Organics, Charline GmbH, Cookswell Jikos and Aries Clean Energy are a few companies operating in biochar market.
The ability of biochar to store carbon in the soil presents opportunities in the market for carbon offsets in biochar market.
| 1.Executive Summary |
| 2.Global Biochar Market Introduction |
| 2.1.Global Biochar Market - Taxonomy |
| 2.2.Global Biochar Market - Definitions |
| 2.2.1.Technology |
| 2.2.2.Feedstock |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Biochar Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Biochar Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Biochar Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Pyrolysis |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Gasification Systems |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Biochar Market By Feedstock, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Woody Biomass |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Agricultural Waste |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Animal Manure |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Biochar Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Agriculture |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Animal Farming |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial Uses |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Biochar Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Biochar Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Pyrolysis |
| 9.1.2.Gasification Systems |
| 9.1.3.Others |
| 9.2. Feedstock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Woody Biomass |
| 9.2.2.Agricultural Waste |
| 9.2.3.Animal Manure |
| 9.2.4.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Agriculture |
| 9.3.2.Animal Farming |
| 9.3.3.Industrial Uses |
| 9.3.4.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Biochar Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Pyrolysis |
| 10.1.2.Gasification Systems |
| 10.1.3.Others |
| 10.2. Feedstock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Woody Biomass |
| 10.2.2.Agricultural Waste |
| 10.2.3.Animal Manure |
| 10.2.4.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Agriculture |
| 10.3.2.Animal Farming |
| 10.3.3.Industrial Uses |
| 10.3.4.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Biochar Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Pyrolysis |
| 11.1.2.Gasification Systems |
| 11.1.3.Others |
| 11.2. Feedstock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Woody Biomass |
| 11.2.2.Agricultural Waste |
| 11.2.3.Animal Manure |
| 11.2.4.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Agriculture |
| 11.3.2.Animal Farming |
| 11.3.3.Industrial Uses |
| 11.3.4.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Biochar Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Pyrolysis |
| 12.1.2.Gasification Systems |
| 12.1.3.Others |
| 12.2. Feedstock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Woody Biomass |
| 12.2.2.Agricultural Waste |
| 12.2.3.Animal Manure |
| 12.2.4.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Agriculture |
| 12.3.2.Animal Farming |
| 12.3.3.Industrial Uses |
| 12.3.4.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Biochar Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Pyrolysis |
| 13.1.2.Gasification Systems |
| 13.1.3.Others |
| 13.2. Feedstock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Woody Biomass |
| 13.2.2.Agricultural Waste |
| 13.2.3.Animal Manure |
| 13.2.4.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Agriculture |
| 13.3.2.Animal Farming |
| 13.3.3.Industrial Uses |
| 13.3.4.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Airex Energy |
| 14.2.2.Biochar Supreme |
| 14.2.3.Pacific Biochar Corporation |
| 14.2.4.ProActive Agriculture |
| 14.2.5.Phoenix Energy |
| 14.2.6.Carbonis GmbH & Co. KG |
| 14.2.7.Farm2Energy |
| 14.2.8.Oregon Biochar Solutions |
| 14.2.9.CharGrow LLC |
| 14.2.10.Chardust Ltd |
| 14.2.11.Safi Organics |
| 14.2.12.Charline Gmbh |
| 14.2.13.Cookswell Jikos |
| 14.2.14.Aries Clean Energy |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.