Biochar Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Published : August, 2017
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Rep Id : EIM0080
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Category : Energy, Mining and Infrastructure
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Status : Published
Biochar Market
A recent report published by Infinium Global Research on biochar market provides in depth analysis of segments and sub-segments in global as well as regional markets of biochar market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of biochar over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global biochar market. Global market for biochar is a niche market but is expected to grow in coming years on account of various agronomic benefits such as high fertility, improved soil quality and positive environmental effects. The market is at an introduction stage but with several demo projects and small scale production technologies it is expected to rise by 2023. The global biochar market can be segmented on the basis of application as agriculture, gardening and household.
Figure: Global Biochar Market by Value 2015 - 2023
Segments Covered:
Biochar market can also be segmented on the basis of technology used for its production as fast & intermediate pyrolysis, slow pyrolysis, gasification and microwave pyrolysis. Biochar is an inert residue created by heating organic material in a low oxygen environment during the process called pyrolysis. Heating organic material without oxygen in a process called pyrolysis thermo chemically transforms biomass into a stable char residue that resists decomposition, while also producing oil and gas. Example of biomass consist forest residues like branches, wood chips and yard clippings. Pyrolysis leaves behind gases and oils that can be combusted to create energy. The characteristic and proportion of oil, gas and char produced can be determined by temperature, feedstock and time of exposure in pyrolysis. This char portion created by the pyrolysis process is called biochar which is used for agricultural amendment.
One of the major drivers augmenting the global Biochar market is that it improves soil fertility. Biochar also help soil to retain its moisture content and improve nutrient availability and thus enhance soil productivity. Biochar could provide contribution to reduce global green house gas emissions. It sequesters carbon while generating renewable energy and reducing GHG emissions from waste decomposition and soils. Additionally, Biochar can also be used for capturing zinc, nitrogen, phosphorous and other metals in waste water systems.
Global biochar market is in its fledging stage and its segmentation based on various regions is done as North America, Europe, Asia-Pacific, Latin America and Rest of the world. Europe promotes development of biochar industry on a large scale whereas in the US and Asia-Pacific regions the market is in its infancy. Biochar market in rest of the regions is restricted to medium or small scale production also there is hundreds of pilot projects planned to take at large scale in future.
Companies Profiled:
British Biochar Foundation
Cool Planet Energy Systems Inc.
Biochar Products, Inc.
Blackcarbon
Diacarbon Energy Inc.
Genesis Industries
The Biochar Company
Agri-Tech Producers LLC
Vega Biofuels Inc.
Hawaii Biochar Products
Phoenix Energy and others
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global biochar market. Moreover, IGR-Growth Matrix analysis given in the
report brings an insight on the investment areas that existing or new market
players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of biochar
market.
Moreover, the study highlights
current market trends and provides forecast from 2017 to 2023. We also have
highlighted future trends in the biochar market that will impact the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight on the market share of the leading players.
Additionally, the analysis highlights rise and fall in the market shares of the
key players in the market. This report will help manufacturers, suppliers and
distributors of the biochar market to understand the present and future trends
in this market and formulate their strategies accordingly.
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