Biochar Market Report 2021-26: Share, Scope, Demand, Growth and Forecast

According to the latest report by IMARC Group titled, “Biochar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2026”, The global biochar market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during 2021-2026.

Biochar refers to a type of carbon-rich charcoal that is produced by the heating of agricultural waste, animal manure, and woody biomass. It helps in improving soil fertilization, maintaining adequate moisture levels, reducing pollutants, providing crop nutrition, and preventing soil leaching. Owing to various technological innovations, such as gasification and pyrolysis, biochar finds extensive applications across various industries, including pharmaceuticals and agriculture.

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The prevalent trend of organic farming has stimulated the utilization of biochar in mixed farming, biodynamic agriculture, and zero tillage farming methods. In line with this, the rising health consciousness and escalating consumer expenditures on high-quality, organic food items have bolstered the market growth. Moreover, the thriving electronics industry is positively influencing the demand for biochar in the manufacturing of building materials. Apart from this, the increasing awareness about waste management, coupled with various stringent environmental regulations for minimizing carbon footprints, is expected to fuel the growth of the global biochar market in the coming years.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/biochar-market

Key Market Segmentation

Breakup by Feedstock Type

Woody Biomass

Agricultural Waste

Animal Manure

Others

Breakup by Technology Type

Slow Pyrolysis

Fast Pyrolysis

Gasification

Hydrothermal Carbonization

Others

Breakup by Product Form

Coarse and Fine Chips

Fine Powder

Pellets, Granules and Prills

Liquid Suspension

Breakup by Application

Farming

Gardening

Livestock Feed

Soil, Water and Air Treatment

Others

Breakup by Region

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Agri-tech Producers, Diacarbon Energy Inc., Cool Planet, Pacific Biochar, Phoenix Energy, Biomacon GmbH, Vega Biofuels, Terra Char, Avello Bioenergy, Genesis Industries, Interra Energy Services, Element C6, Carbon Gold Ltd., Biochar Solution Ltd., etc.

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