The global biochar market is driven by environmental benefits & eco-sustainability.
Portland, OR -- (SBWIRE) -- 06/13/2018 -- Global Biochar Market is expected to register a CAGR of 15.1% from 2017 to 2025. Biochar is nothing but a charcoal that is used to enhance soil properties. Biochar is very useful in holding carbon, enhancing food security, growing soil biodiversity, and reducing deforestation. Agricultural waste can be transformed into porous charcoal with the help of chemical treatment, which assists in retaining water and nutrients. This characteristic of biochar makes it a necessary additive. There are various advantages of biochar along with its bio-sustainability. They include assistance in increase in crop yields, rise in soil fertility level for acidic soils, prevention of fertilizer runoff & leeching, reduction in agricultural pollution, replenishment of exhausted or marginal soils with organic carbon, and the growth of soil microbes vital for nutrient absorption.
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Market Drivers and Restraints:
The global biochar market is driven by environmental benefits & eco-sustainability, availability of cheaper feedstock, and potential for water & food security and waste management. On the other hand, stringent rules & regulations, technological uncertainty, and lack of awareness among consumers are expected to limit growth in the industry.
Market Segmentation:
By Technology
Pyrolysis
Fast & Intermediate Pyrolysis
Slow Pyrolysis
Microwave Pyrolysis
Gasification
By Feedstock
Forestry Waste
Biomass Plantation
Agricultural Waste
Animal Manure
By Equipment
Continuous Pyrolysis Kiln
Batch Pyrolysis Kiln
Gasifier & Cook Stove
Others (Rotary Kiln & Microwave Pyrolysis)
By Application
Energy-based
Source for Power Plant
Other Energy Generation
Non-Energy based
Carbon Sequestration
Forestry
Mine Reclamation
Gardening
Agriculture
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
South Korea
Japan
Rest of Asia-Pacific
LAMEA
Brazil
Africa
Turkey
Rest of LAMEA
Key Market Players:
Key industry players operating in the global biochar industry are explored in the research to assist players and new entrants gain information on competitive intensity along with strategies to be implemented to acquire leading position in the industry. Market players explored in the study are Earth Systems, Biochar Supreme, LLC, Vega Biofuels, Inc., Chargrow LLC, Diacarbon Energy Inc., Arsta Eco, Pacific Pyrolysis Pvt. Ltd., Phoenix Energy, Green Charcoal International, and The Biochar Company. They have implemented various strategies including expansion, partnerships, joint ventures, collaborations, mergers & acquisitions, and others to strengthen their position in the market.
Key Takeaways from the Report:
The report provides a detailed analysis of the global biochar market based on current trends and estimations by 2025.
The report provides an extensive information on changing market dynamics to help market players gain insights on current market conditions and determine investment feasibility.
The study offers an in-depth analysis of drivers, restraints, and opportunities along with factors impacting the market worldwide.
The study on the global biochar market provides a detailed information for the historic period and the forecast period along with strategies to be implemented to gain leading position in the market.
Porter's Five Forces analysis provides details on competitive intensity of the industry and outlines potency of buyers and suppliers.