1. Market Research
  2. > Energy & Environment
  3. > Environmental Services Market Trends
Global Biochar Market Size, Share, Development, Growth and Demand Forecast to 2023  Industry Insights by Application, Feedstock, Technology, Manufacturing Process

Global Biochar Market Size, Share, Development, Growth and Demand Forecast to 2023 Industry Insights by Application, Feedstock, Technology, Manufacturing Process

  • November 2015
  • 98 pages
  • ID: 3605413

Summary

Table of Contents

Market Overview
The global biochar market is witnessing a strong growth rate as a result of increased government initiatives, improved soil fertility and crop yield, and stringent environmental regulations. Basically, biochar is charcoal that helps in increasing soil fertility and agricultural productivity. Biochar also helps protect against soil-borne diseases. Extracted using the process of pyrolysis and carbonization, this charcoal is produced as a by-product, which efficiently offers natural carbon sequestration, along with improved fertility of soil.

Usually, biochar is available in the form of small-sized bags and affordable biochar fertilizer complexes, since it otherwise costs very high. Its mixes have application in agriculture farms, gardens, and households. Being rich in carbon and having the ability to stay in soil for numerous years, the stable solid helps preserve carbon in the soil, thereby enhancing it.

A major issue being witnessed across the globe is global warming, which indicates significant rise in the average surface temperature of the Earth. This increase in Earth’s temperature occurs due to greenhouse gas emission, such as carbon dioxide. Several factors are responsible for the same, such as forest fires, burning of fossil fuels, and deforestation. A natural way to acquire carbon from atmosphere is to use biochar, as it holds the potential to naturally seize carbon. Biochar cuts the amount of carbon dioxide release during its production and captures atmospheric carbon by creating carbon sinks. Also, it is a cost-effective choice when it comes to removal of carbon from the atmosphere. Thus, the global biochar market is expected to witness notable growth down the line.



Biochar Market

Market Dynamics
In 2015, the global biochar market reported an estimated value of $4.27 million. The market is expected to grow at a CAGR of 17.1%, during 2015 – 2023. By region, North America has been estimated as the largest market, globally, for biochar. Increased demand for agricultural products and enhancement in crop yield and soil fertility act as the major drivers for this market. The soil texture and quality is continuously declining in this region, due to various factors such as mining, deforestation, constant use of chemical fertilizers, and aggressive agricultural practices. This negatively impacts the productivity of agricultural products. However, biochar helps cut nitrogen leaching into ground water, increases the ability of soil to retain water, moderates soil acidity, and boosts the beneficial soil microbe count, thereby, making North America the largest market for biochar.

Based on feedstock, the forestry waste segment is estimated to contribute the largest revenue to the global market in 2015, which is expected to report a CAGR of 16.6% during the forecast period. Based on application, gardening is estimated to account for 4,981.8 tons in the global market in 2015, and is expected to register a CAGR of 22.7% during the forecast period, reaching 25,590.9 tons by 2023.

Growth Drivers

The global biochar market is mainly driven by factors such as improved soil fertility, natural carbon sequestration, waste management potential, strict environmental regulations, and increase in government initiatives. Used as a soil amendment, biochar helps enhance the quality of soil, while improving crop yield. Char extracted from forest fires also aids in improving soil fertility, and retaining carbon in soil, which makes it similar to biochar. Nevertheless, forest fire leads to environmental pollution, deforestation, as well as greenhouse gas emission. Thus, biochar is comparatively a better choice, which is produced using the gasification and pyrolysis processes that involve thermal conversion and super heating of biomass in limited amount of oxygen at high temperatures. Specially designed furnaces are used for the same. This helps confine the release of harmful gases in the air.

Competitive Landscape
The global biochar market had a consolidated structure in 2015. The key companies operating in the global biochar market include Diacarbon Energy Inc., Agri-Tech Producers LLC, Biochar Products Inc., Genesis Industries, Vega Biofuels Inc., The Biochar Company, Pacific Pyrolysis Pty Ltd., Green Charcoal International, Cool Planet Energy Systems Inc., and Full Circle Biochar.

Scope for Customization
P&S Market Research offers customization as per specific business requirements of clients. Illustrative customization within the scope of this report includes:

Period of Analysis – Increase in the study period, including historic and forecast years
Geographical Analysis – Increase in country coverage
Company Profiles – Wider company coverage in terms of detailed analysis or additional company profiles
New custom report – A completely customized report can be provided on the market, specific to a region/ country/ segment

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Carbon Capture and Storage Industry

Global Carbon Capture and Storage Industry

  • $ 4500
  • Industry report
  • October 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Carbon Capture and Storage in Million Tonnes.The report provides separate comprehensive analytics for the US, and Rest of World.Annual estimates and forecasts ...

Biochar Market  - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Biochar Industry: Forecasts to 2025

  • $ 5795
  • Industry report
  • August 2017
  • by Transparency Market Research

Global Biochar Market: OverviewBiochar is a charcoal which is obtained by heating different waste products such as wood waste, agricultural waste, animal manure and forest waste. These waste products are ...

Carbon Dioxide (CO2) Market Analysis By Sources (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas), By Application (Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting), Competitive Landscape, And Segment Forecasts, 2014 - 2025

Carbon Dioxide (CO2) Market Analysis By Sources (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas), By Application (Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting), Competitive Landscape, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • February 2017
  • by Grand View Research

The global carbon dioxide market size is expected to reach USD 8.6 billion by 2025, according to a new report by Grand View Research, Inc. Increasing applications of enhanced oil recovery (EOR) technology, ...


ref:plp2015

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.