Market by Technology, Feedstock, Application, and Geography | Forecast 2022-2028
After a detailed analysis, Triton’s report has concluded that the global biochar market is expected to display an upward trend in revenue and volume, growing at a CAGR of 13.40% and 10.34%, respectively during the forecast period 2022-2028. The market was valued at $1320.94 million in 2021 and is expected to reach $3171.02 million by 2028. In terms of volume, the market was sized at 394.09 kilotons in 2021 and is expected to reach 781.09 kilotons by 2028.
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Biochar is a fine-grained material derived from
organic waste, and its production is an excellent technique to sequester carbon
(i.e., long-term carbon capture). In this regard, its ability to sequester
carbon is an excellent solution to address the problem of greenhouse gases.
Another advantage of biochar is that it aids in soil improvement. As a result,
several studies are carried out to determine its possible application. Slow
pyrolysis, fast pyrolysis, gasification, intermediate pyrolysis, hydrothermal
carbonization, and microwave pyrolysis are all used to make it.
The biochar market report from Triton gives a detailed analysis of the
market definition and key insights. Along with this, the market attractiveness
matrix, vendor scorecard, regulatory framework, and Porter’s five forces
analysis are also studied for the biochar market.
Various benefits provided by biochar are mainly driving the sales in the
market. It can store about 50% of the carbon from the feedstock. It can help
retain nutrients such as phosphorus and nitrogen in the soil. In addition, it
is found to decrease the leaching of soil nutrients into the groundwater,
thereby reducing the nutrient outgo and increasing crop yields. Many of the
organic pollutants are found to be captured by biochar. Soil texture, particle
size distribution, porosity, density, and structure are improved by applying
biochar. An increase in porosity and surface area increases the number of
microorganisms due to space availability.
The growth in the adoption of organic farming is one of the key
opportunities for the biochar market. Organic farming is expected to gain
heavily from biochar use as it helps improve productivity by providing
essential nutrients for plant growth. Biochar is an excellent carbon carrier,
which enhances plant growth. The organic food sector has witnessed significant
growth over the past few years, owing to rising health concerns among
consumers. Since biochar is an organic fertilizer, its nutrient-enriching
capacity is expected to benefit from the rising trends in organic farming
worldwide.
However, the high cost, lack of demonstration projects, and the possibility of contamination from feedstock are the key restraints curbing the market’s global growth. Feedstock for biochar is waste from the agriculture, forestry, and municipal sectors. Therefore, the chances of toxic contamination are high, leading vendors to take the utmost care for selecting biochar feedstock and production operations to mitigate the risks to the environment and human health.
Major geographies covered in
the biochar market are:
• North America: United States and Canada
• Europe:
United Kingdom, Germany, France, Spain, Italy, Russia, and Rest of Europe
• Asia-Pacific:
China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand,
and Rest of Asia-Pacific
• Latin America: Brazil, Mexico, and Rest of Latin America
• Middle East and Africa: Turkey, South Africa, and Rest of Middle East & Africa
The biochar market, in this
report, is segmented as:
• Based on Technology:
o Slow Pyrolysis
o Fast Pyrolysis
o Gasification
o Intermediate Pyrolysis
o Hydrothermal Carbonization
o Microwave Pyrolysis
• Based on Feedstock:
o Forestry Waste
o Agriculture Waste
o Biomass Plantation
o Residential
Waste
o Animal Manure
• Based on Application:
o Agriculture and Livestock
o Air, Soil, and Water Treatment
o Horticulture
o Industries
The major players engaged in the biochar market
are Novo Carbo, Pacific Biochar, Airex Energy, Carbofex, Anulekh Agrotech Pvt
Ltd, Bio Energy Earth Systems, Pyreg GmbH, Farm2energy, Carbons Finland OY,
Renewable Carbon Resources Australia, Arsta Eco, Carbon Gold, Air Terra Canada,
Biochar Industries, and Pyrotech Energy.
1. GLOBAL
BIOCHAR MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE BIOCHAR MARKET
2.2. KEY
INSIGHTS
2.2.1. PYROLYSIS
IS THE MOST COMMON TECHNIQUE FOR BIOCHAR PRODUCTION
2.2.2. AGRICULTURE
DOMINATES THE APPLICATION SEGMENT
2.2.3. GROWING
NEED TO AVOID BIOCHAR LOSS DURING APPLICATION AND TRANSPORTATION
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. REGULATORY
FRAMEWORK
2.9. KEY
MARKET STRATEGIES
2.9.1. PRODUCT
LAUNCHES & DEVELOPMENTS
2.9.2. PARTNERSHIPS
& AGREEMENTS
2.10. MARKET
DRIVERS
2.10.1. FAVORABLE
INITIATIVES
2.10.2. AVAILABILITY
OF CHEAP FEEDSTOCK
2.10.3. ABILITY
OF BIOCHAR TO SEQUESTER CARBON
2.10.4. RELIABLE
AND CONSTANT ENERGY FLOW
2.11. MARKET
CHALLENGES
2.11.1. HIGH
COST
2.11.2. LACK
OF DEMONSTRATION PROJECTS
2.11.3. CONTAMINATION
OF BIOCHAR AND ITS FEEDSTOCK
2.12. MARKET
OPPORTUNITIES
2.12.1. OPPORTUNITIES
FOR BIOCHAR MARKET IN THE FUTURE
2.12.2. GROWTH
IN THE ORGANIC FARMING INDUSTRY
3. GLOBAL
BIOCHAR MARKET – BY TECHNOLOGY (VALUE IN $ MILLION)
3.1. SLOW
PYROLYSIS
3.2. FAST
PYROLYSIS
3.3. GASIFICATION
3.4. INTERMEDIATE
PYROLYSIS
3.5. HYDROTHERMAL
CARBONIZATION
3.6. MICROWAVE
PYROLYSIS
4. GLOBAL
BIOCHAR MARKET – BY FEEDSTOCK (VALUE IN $ MILLION)
4.1. FORESTRY
WASTE
4.2. AGRICULTURE
WASTE
4.3. BIOMASS
PLANTATION
4.4. RESIDENTIAL
WASTE
4.5. ANIMAL
MANURE
5. GLOBAL
BIOCHAR MARKET – BY APPLICATION (VALUE IN $ MILLION)
5.1. AGRICULTURE
AND LIVESTOCK
5.2. AIR,
SOIL, AND WATER TREATMENT
5.3. HORTICULTURE
5.4. INDUSTRIES
6. GLOBAL
BIOCHAR MARKET – REGIONAL OUTLOOK (VALUE IN $ MILLION & VOLUME IN KILOTON)
6.1. NORTH
AMERICA
6.1.1. MARKET
BY TECHNOLOGY
6.1.2. MARKET
BY FEEDSTOCK
6.1.3. MARKET
BY APPLICATION
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY TECHNOLOGY
6.2.2. MARKET
BY FEEDSTOCK
6.2.3. MARKET
BY APPLICATION
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. UNITED
KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY TECHNOLOGY
6.3.2. MARKET
BY FEEDSTOCK
6.3.3. MARKET
BY APPLICATION
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY TECHNOLOGY
6.4.2. MARKET
BY FEEDSTOCK
6.4.3. MARKET
BY APPLICATION
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY TECHNOLOGY
6.5.2. MARKET
BY FEEDSTOCK
6.5.3. MARKET
BY APPLICATION
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. TURKEY
6.5.4.2. SOUTH
AFRICA
6.5.4.3. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. AIR
TERRA CANADA
7.2. AIREX
ENERGY
7.3. ANULEKH
AGROTECH PVT LTD
7.4. ARSTA
ECO
7.5. BIOCHAR
INDUSTRIES
7.6. BIOENERGY
EARTH SYSTEMS
7.7. CARBOFEX
7.8. CARBON
GOLD
7.9. CARBONS
FINLAND OY
7.10. FARM2ENERGY
7.11. NOVO
CARBO
7.12. PACIFIC
BIOCHAR
7.13. PYREG
GMBH
7.14. PYROTECH
ENERGY
7.15. RENEWABLE
CARBON RESOURCES AUSTRALIA
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL BIOCHAR
MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: GLOBAL BIOCHAR
MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 3: VENDOR
SCORECARD
TABLE 4: REGULATORY FRAMEWORK
TABLE 5: LIST OF
PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 7: GLOBAL BIOCHAR
MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 8: GLOBAL BIOCHAR
MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL BIOCHAR
MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL
BIOCHAR MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL
BIOCHAR MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 12: NORTH AMERICA
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 14: NORTH AMERICA
BIOCHAR MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA
BIOCHAR MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA
BIOCHAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 17: EUROPE
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 19: EUROPE
BIOCHAR MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE
BIOCHAR MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE
BIOCHAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 22: ASIA-PACIFIC
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 24: ASIA-PACIFIC
BIOCHAR MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 25: ASIA-PACIFIC
BIOCHAR MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 26: ASIA-PACIFIC
BIOCHAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 27: LATIN AMERICA
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 28: LATIN AMERICA
BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 29: LATIN AMERICA
BIOCHAR MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA
BIOCHAR MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 31: LATIN AMERICA
BIOCHAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 32: MIDDLE EAST AND
AFRICA BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 33: MIDDLE EAST AND
AFRICA BIOCHAR MARKET, COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 34: MIDDLE EAST AND
AFRICA BIOCHAR MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 35: MIDDLE EAST AND
AFRICA BIOCHAR MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 36: MIDDLE EAST AND
AFRICA BIOCHAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY IMPACT
ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: GLOBAL
BIOCHAR MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 5: GLOBAL
BIOCHAR MARKET, BY SLOW PYROLYSIS, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL
BIOCHAR MARKET, BY FAST PYROLYSIS, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL
BIOCHAR MARKET, BY GASIFICATION, 2022-2028 (IN $ MILLION)
FIGURE 8: GASIFICATION
PROCESS
FIGURE 9: GLOBAL
BIOCHAR MARKET, BY INTERMEDIATE PYROLYSIS, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL
BIOCHAR MARKET, BY HYDROTHERMAL CARBONIZATION, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL
BIOCHAR MARKET, BY MICROWAVE PYROLYSIS, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL
BIOCHAR MARKET, BY FEEDSTOCK, 2021 & 2028 (IN %)
FIGURE 13: GLOBAL
BIOCHAR MARKET, BY FORESTRY WASTE, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL
BIOCHAR MARKET, BY AGRICULTURE WASTE, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL
BIOCHAR MARKET, BY BIOMASS PLANTATION, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL
BIOCHAR MARKET, BY RESIDENTIAL WASTE, 2022-2028 (IN $ MILLION)
FIGURE 17: GLOBAL
BIOCHAR MARKET, BY ANIMAL MANURE, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL
BIOCHAR MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 19: GLOBAL
BIOCHAR MARKET, BY AGRICULTURE AND LIVESTOCK, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL
BIOCHAR MARKET, BY AIR, SOIL, AND WATER TREATMENT, 2022-2028 (IN $ MILLION)
FIGURE 21: GLOBAL
BIOCHAR MARKET, BY HORTICULTURE, 2022-2028 (IN $ MILLION)
FIGURE 22: GLOBAL
BIOCHAR MARKET, BY INDUSTRIES, 2022-2028 (IN $ MILLION)
FIGURE 23: GLOBAL
BIOCHAR MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED
STATES BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: CANADA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: UNITED
KINGDOM BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: GERMANY BIOCHAR
MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: FRANCE
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: SPAIN
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: ITALY
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: RUSSIA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: REST OF
EUROPE BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: CHINA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: JAPAN
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: INDIA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: SOUTH KOREA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: ASEAN
COUNTRIES BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: AUSTRALIA
& NEW ZEALAND BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: REST OF
ASIA-PACIFIC BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 40: BRAZIL
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: MEXICO
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: REST OF
LATIN AMERICA BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: TURKEY
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: SOUTH AFRICA
BIOCHAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: REST OF
MIDDLE EAST & AFRICA BIOCHAR MARKET 2022-2028 (IN $ MILLION)