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MarketResearch.biz delivers in-depth insights on the global biochar market in its upcoming report titled, “Global Biochar Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global chiral chemicals market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global biochar market report has been segmented on the basis of technology, application, and region.
Biochar is a soil amendment that converts soil waste into soil enhancer that can increase biodiversity, boost food security, and hold carbon. Biochar is a process that creates fine grained and high porous charcoal that helps the soil retain nutrients and water. It improves the quality and quantity of water by increasing soil retention of nutrients and agrochemicals for crop utilization. Due to use of biochar, nutrients stay in soil instead of leaching into groundwater and causing pollution.
Increasing demand for organic foods along with the ability of biochar to enhance soil fertility and plant growth are expected to be major factors driving the market growth over the forecast period. The ability of biochar to remove toxic elements and sand pollutants from the soil is expected to be another factor driving the market growth.
On the basis of technology, pyrolysis segment is expected to account the major share of the market revenue and is estimated to dominate the market over the forecast period. Pyrolysis is an efficient and effective technique used for producing high-quality products. The demand for pyrolysis is estimated to grow over the forecast period owing to high carbon content and stability.
Agriculture is estimated to be largest application segment in the global biochar market and is expected to maintain its dominance over the forecast period. Biochar enhances soils water holding capacity and fertilizer holding capacity, which provide nutrients to crops and improves plant growth.
North America is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. Increasing in demand for organic food products in US and Canada coupled with growing meat consumption in the region is anticipated to propel the biochar market growth over the forecast period in the region. The US is the largest revenue generating country in the world. Rising awareness regarding the benefits of biochar among farmers in the country is expected to augment the market growth over the forecast period.
Market segmentation and key players operating in the global biochar market:
- Water & waste water treatment
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Agri-Tech Producers, LLC
- Genesis Industries LLC
- Diacarbon Energy Inc.
- Cool Planet Energy Systems Inc.
- Vega Biofuels, Inc.
- Earth Systems Bioenergy
- Biochar Products, Inc.
- Earth Systems PTY. LTD.
- Waste to Energy Solutions Inc.
- Swiss Biochar GmbH
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