Hyderabad, India -- (SBWIRE) -- 02/14/2018 -- The report " Biochar Market by Application (Agriculture, Gardening, Household, Others), By Technology (Microwave Pyrolysis, Continuous Pyrolysis, Batch Pyrolysis Kiln, Gasifier, Hydrothermal, Cook Stove And Others), By Manufacturing (Gasification, Pyrolysis And Others), By Feedstock (Agricultural Waste, Forestry Waste, Animal Manure And Biomass Plantations)- Forecast to 2021", The Biochar market is expected to reach USD 2.2 Billion by 2021 from an estimated USD 1.14 Billion in 2016, at a CAGR of 14.1%. The Global Biochar market is driven by factors like growing usage of biochar in livestock as animal feed, difficult environmental regulations, increasing need for organic farming, agricultural sector demanding more of biochar.

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By Application, the Agriculture segment accounted for the largest share of the market in 2016
On the basis of Application, the Biochar market has been segmented into Agriculture, Gardening, Household, Others. In 2016, the Agriculture segment occupied half of the market share of global Biochar market and is said to be the fastest growing segment with recent year analysis. The other segments also started growing their markets with the increased technology and resources.

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On the basis of technology, the Biochar market has been segmented into microwave pyrolysis,
continuous pyrolysis, batch pyrolysis kiln, gasifier, hydrothermal, cook stove and others.
By Manufacturing, the Pyrolysis segment accounted for the largest share of the market in 2016
On the basis of Manufacturing, the Biochar market has been segmented into Gasification, Pyrolysis and Others. In 2016, the Pyrolysis segment accounted for the major market share of Biochar market this is because Biochar can be effectively produced by using Pyrolysis Techniques. In the recent times, Gasification method is also been using effectively to produce Biochar which is further increasing the size of the Biochar Market.

On the basis of feedback, the Biochar market is categorised into Agricultural Waste, Forestry Waste, Animal Manure and Biomass Plantations. The Agriculture waste accounted for the major share of the market size and is expected to increase its size with the forecast period.

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North America accounted for the largest share of the Biochar market in 2016, followed by Europe. The large share of the North American Biochar market can be attributed to the increasing demand for the Biochar in this region. Developing countries like India and China, where agriculture is a key market, are also providing huge growth opportunities

The various players in the Biochar market include Biochar Products Inc., Diacarbon Energy Inc., Agri-Tech Producers LLC, Genesis Industries, Green Charcoal International, Vega Biofuels Inc., The Biochar Company, Cool Planet Energy Systems Inc., Full Circle Biochar, and Pacific Pyrolysis Pty Ltd.

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