According to the latest report by IMARC Group titled, “Biochar Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, 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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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
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.
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
- 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.
Key highlights of the Report:
- Market Performance
- Market Outlook
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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