Biochar Market (By Technology: Pyrolysis, Gasification, Others; By Feedstock: Woody Biomass, Agricultural Waste, Animal Manure, Others; By Application: Agriculture, Forestry, Electricity Generation, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The global biochar market was estimated at USD 220.3 billion in 2022 and it is expected to surpass around USD 635.17 billion by 2032, poised to grow at a CAGR of 11.17% from 2023 to 2032.

Biochar Market Size 2023 to 2032

Key Pointers

  • Based on technology, the pyrolysis segment dominates the global biochar market and is expected to maintain growth during the forecast period.
  • The gasification segment is estimated to witness a significant increase in the upcoming year.
  • Based on feedstock, the agricultural waste segment dominates the global biochar market. 
  • The animal manure segment is predicted to dominate the market in the upcoming years.
  • Based on application, the agriculture segment acquires the largest revenue share in the global biochar market.
  • Geographically, Asia Pacific dominates the global biochar market, and it is projected to grow at a significant rate during the estimated period.
  • North America is the second-largest market for biochar products.

Report Scope of the Biochar Market

Report Coverage Details
Market Size in 2022 USD 220.3 billion
Revenue Forecast by 2032 USD 635.17 billion
Growth rate from 2023 to 2032 CAGR of 11.17%
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered Airex Energy Inc.; Biochar Supreme; Farm2Energy Pvt Ltd; Pacific Biochar Corporation; ProActive Agriculture; Phoenix Energy

 

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.

COVID-19 brought the entire world to a halt, which results in negative impact on agricultural industry as well as on global biochar market. Despite the fact that the biochar market has been negatively impacted by the COVID-19, the farmers are being encouraged by the stakeholders to install reactor on their farm to speed up the process of turning stubble into biomass. The UN's Intergovernmental Panel on climate change has been identified biochar as a feasible method for reducing pollution.

Biochar Market Segmentations:

By Technology By Feedstock By Application

Pyrolysis

Gasification

Others

Woody Biomass

Agricultural Waste

Animal Manure

Others

Agriculture

Forestry

Electricity Generation 

Others

Frequently Asked Questions

The global biochar market size was reached at USD 220.3 billion in 2022 and it is projected to hit around USD 635.17 billion by 2032.

The global biochar market is growing at a compound annual growth rate (CAGR) of 11.17% from 2023 to 2032.

The Asia Pacific region has accounted for the largest biochar market share in 2022.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Technology Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Biochar Market 

5.1. COVID-19 Landscape: Biochar Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Biochar Market, By Technology

8.1. Biochar Market, by Technology, 2023-2032

8.1.1 Pyrolysis

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Gasification

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Others

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Biochar Market, By Feedstock

9.1. Biochar Market, by Feedstock, 2023-2032

9.1.1. Woody Biomass

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Agricultural Waste

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Animal Manure

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Biochar Market, By Application 

10.1. Biochar Market, by Application, 2023-2032

10.1.1. Agriculture

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Forestry

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Electricity Generation

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Others

10.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Biochar Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Technology (2020-2032)

11.1.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.1.3. Market Revenue and Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Technology (2020-2032)

11.2.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.2.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Technology (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Technology (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Technology (2020-2032)

11.3.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.3.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Technology (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Technology (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Technology (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Technology (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Technology (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Technology (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Feedstock (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Airex Energy Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Biochar Supreme   

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Farm2Energy Pvt Ltd

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Pacific Biochar Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. ProActive Agriculture

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Phoenix Energy

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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