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Global Biochar Market is expected to grow at a CAGR of 12.9% over the Forecast Period: Absolute Markets Insights

Published On 22 Feb 2022 05:19 AM


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Biochar is a charcoal-like substance generated by burning organic waste from agriculture and forestry (also known as biomass) through regulated process. Biochar is made using various procedures to reduce contamination and properly retain carbon, despite the fact that it looks a lot like regular charcoal. Depletion of soil organic matter and nutrients, reduction in agricultural output due to excessive use of chemical fertilisers, and climate change induced by human activities all pose serious concerns to the long-term viability of tropical agricultural production. As a result, using organic fertiliser in addition to inorganic fertiliser is becoming increasingly crucial for boosting sustainability and retaining soil health. Thus, biochar manufacturing from organic waste has sparked a surge in interest in recent years, owing to its broad use, accessibility and ease of manufacturing. Biochar production techniques have been improving in order to increase output rate and quality. Biochar manufacturing and application for soil fertility improvement is an old tradition practiced by farmers in India, Europe, China, Japan and the United States. Several studies have found that biochar has a positive impact on soil fertility and agricultural productivity, especially when it is combined with fertilisers. The application of biochar to soil has a considerable impact on nutrient dynamics, soil pollutants, and microbial functions. As a result, strategically applying biochar to soil has proved to have agronomic, environmental, and economic benefits, thus contributing towards the growth of global biochar market.

Browse the full Report and in-depth TOC on Global Market: https://www.absolutemarketsinsights.com/reports/Global-Biochar-Market-2021-2029-1062

The COVID-19 pandemic has caused damage on the environment, society, and economy, among other things. Hospitals, clinics and other health-care facilities have generated a significant amount of toxic medical waste, which poses a substantial threat to public health and environmental sustainability if not properly managed. Due to concerns such as harmful gas release, huge land occupation, and unsustainability, traditional disposal options such as incineration, landfill, and autoclaving have proven to be inadequate to lessen environmental burden. Major players in the biochar market are using pyrolysis technology to the treatment of medical wastes in order to produce high-quality biochar which has the potential to help ease the issue. Furthermore, medical wastes are outstanding and suitable raw materials because of their high hydrogen, carbon, and heating value.

Global biochar market is estimated to grow at a CAGR of 12.9% over the forecast period (2021 – 2029). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

The detailed research study provides qualitative and quantitative analysis of biochar market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Our 420+ pages research study will include extensive information on the following pointers:

  • Market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments; wherein 2015 to 2019 has been considered as historic years, 2020 as the base year, while 2021 to 2029 has been considered as the forecast period.
  • Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
  • Market determinants and Influencing Factors
  • Market Dynamics (Drivers, Restraints, Opportunities and Challenges)
  • Business, Technology & Regulatory Trends
  • Analysis on Impact of Covid-19 on Biochar Market
    • Global Impact
    • Potential Measures and Opportunities
    • Strategic Initiatives and Developments
  • Macro-Economic and Micro-Economic Indicators
  • Porter’s Five Forces Analysis
  • Competitive Benchmarking: Global Presence and Growth Strategies
    • Mergers and Acquisitions
    • Product Launches
    • Investments Trends
    • R&D Initiatives
  • Market Share Analysis, 2020
  • Detailed profiles of major market participants operating in the market, encompassing information on company details, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies
  • Research study focusing on specific regions, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America are also available.
  • The reports can be provided in different languages including Chinese, Korean, Japanese, German, Arabic, Russian, French, Spanish, and other languages.

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Key Findings of the Report:  

  • Urban waste is being produced at an alarming rate, which may have a negative impact on the environment and on human health, if not properly managed. As a result of urbanization and urban sprawl, urban organic waste is becoming more prevalent. The majority of urban garbage is disposed of in landfills, resulting in a slew of issues such as greenhouse gas emissions, soil degradation, and water contamination. Thus, in order to utilize this waste, biochar, a carbonaceous material made by pyrolyzing biomass with little or no oxygen, has proven to be a promising new alternative to activated carbon, which can be used in organic agriculture, horticulture and other applications. The urban feedstock, thus, showcases substantial potential in the global biochar market over the forecast period.
  • Gasification for producing biochar is an emerging technology. Thermal gasification of a variety of biomass residues is a promising method for integrating bioenergy production with soil fertility control via the use of biochar as a soil amendment. In a directly heated reaction vessel with added air, gasification systems produce lesser amounts of biochar. The more oxygen that can be removed from a production unit, the more biochar it can generate. In the absence of oxygen, biochar formation is maximized. Thus, as the production technologies for biochar are evolving, the demand for biochar in various applications is increasing globally, which is fueling the growth of global biochar market
  • In recent years, biogas production technology has gained popularity for converting food waste and sludge into biogas, which plays an important role in waste valorization and environmental sustainability. Biogas production can be utilised to make organic fertilisers, reduce greenhouse gas (GHG) emissions, and process organic waste while also providing a flexible renewable energy source. The use of biochar as a supplement in the anaerobic digestion of food waste and sludge has attracted a lot of attention recently as it enhances the yield.
  • Asia Pacific is anticipated to be the fastest growing region in the global biochar market over the forecast period. Countries like India, China, and Japan are majorly focused on agriculture and are adopting biochar to improve their soil quality and agricultural yield. Manufactures in the region are focusing on research and development along with incorporation of advanced technologies to produce a high quality biochar. Furthermore, commercial horticulture industry is gaining huge demand in the Asia Pacific, which has led to an increased demand for biochar. Major players are looking forward to local production plants to serve the interests of local people and protect biodiversity. Moreover government organizations in developing countries are promoting to absorb and use biochar technology, which is readily available and promotes socio-economic development of families and communities. It has also stimulated the development of specific biochar-related policies and incentive schemes.

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Some of the players operating in the global biochar market are:

Global Biochar Market:

  • By Feedstock
  • Agriculture Waste
  • Wood and Forest Waste
  • Animal Waste
  • Urban Waste
  • Others
  • By Technology
  • Pyrolysis
  • Gasification
  • Others
  • By Application
  • Gardening and Landscaping
  • Agriculture
  • Commercial Horticulture
  • Animal Husbandry
  • Biogas Production
  • Others
  • By Region
  • North America
  • S
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America 

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