Report Summary

The global biochar market was valued at USD 1,448.6 million in 2018 and is estimated to grow at a CAGR of 9.1 % from 2019 to 2026. Biochar, in the past few years has gained significant attention in the agriculture sector globally. Owing to its physical and chemical properties, biochar has been portrayed as a major driver for mitigation of climate change and sustainable agriculture.

Waste generation from agriculture and its related industries provides a potential supply feedstock for production of biochar. By converting the residual biomass from farms and food processing industries into biochar, provides a solution for achieving long-term carbon sequestration and also other beneficial effects on soils and environmental properties.

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Biochar production from organic waste and its role in enhancing biomass production by improving soil fertility and contaminant remediation, is anticipated to be a crucial factor driving its demand over the forecast period.

Biochar has several applications including enhancement of crop productivity, mitigation of climate change, contaminant remediation and increased soil microbial biomass. Reduction of greenhouse gases and carbon sequestration are the major aspects of climate change mitigation where product role has been the most in the recent years.

Segment Analysis

The global biochar market has been segmented into its production technology, its application and regional markets. Technology segment is further segmented into gasification, pyrolysis, and other processes. The application segment further bifurcated into agriculture (including livestock farming, general farming (organic farming, inorganic farming) and others. Slow pyrolysis is the most conventional process used for biochar production. Gasification process is among the most used in the present industry scenario and is expected to be the fastest growing segment over the forecast period.

Successful commercialization operations for biochar systems are anticipated to take several pathways depending on desired outcomes such as international and national and even local conditions. Based on availability of capital, intended output, labor cost, environmental control limitations, quality requirements, etc. biochar production trends differ for a wide range of plant configurations. These factors have different impacts in different geographies and hence annual output vary from one country to another continuously despite of similar capacity availability.

Biochar Market Scope

By Technology By Application By Region Gasification

Pyrolysis

Others Agriculture (Livestock Farming, General Farming (Organic Farming, Inorganic Farming, Others)

Others North America (U.S., Canada)

Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands)

Asia-Pacific (China, Japan, India, Australia, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines)

Latin America (Brazil, Mexico, Argentina)

Middle East and Africa (UAE, Saudi Arabia, South Africa)

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Several studies have examined that mixture of the product with soil enhances the average soil resistance time for biochar, that might be up to thousands of years. Hence, the recalcitrant nature of biochar makes the organic component unavailable for microorganisms and decomposers as the substrates, which subsequently helps in long-term storage of carbon in soils. Moreover, the product has been considered beneficial in enhancing organic nature of soil and reducing emissions of highly potent GHGs including nitrous oxide and carbon dioxide.

Enhancement of crop productivity owing to its influence in boosting efficiency of nitrogen uptake is yet another catalytic mechanism of the product. Apart from these, biochar surfaces encourage retention of both organic and inorganic pollutants on soil. These are the advantages that the product offers and with rising technological development within the agriculture sector along with growing concerns for climatic changes, biochar will gain further importance.

Pricing of biochar has been dynamic over the past years depending mainly on the availability of its raw materials. Char co-produced with liquid fuels are sold as carbon-sequestering biochar soil amendment. This holds a great potential to generate extra revenues as long as the prices of biofuels are on the lower side. However, despite the presence of this potential alternative solution, end-use markets of biochar are still not well established in the present industry scenario. Hence, it remains a considerable uncertainty about the product’s future prices.

Regional Analysis

Asia Pacific as the largest regional industry in 2018. China is the leading biochar producer in the region and India following by. Southeast Asian countries such as Vietnam, Philippines, Malaysia etc. are some of the other developing markets in the region and is projected to experience significant growth in product usage over the next six years.

Competitive Analysis

The global biochar industry is a moderately growing sector and numerous companies participate in the marketspace from different phase of the industry value chain. Some of the leading participants include BlackCarbon A/S , Biochar Industries, Swiss Biochar GmbH, Carbon Terra GmbH, Biochar Ireland, Sunriver Biochar, Pacific Biochar Benefit Corporation, Waste to Energy Solutions Inc., Airex Energy, Carbon Gold, Clean Fuels B.V., 3R ENVIRO TECH Group, Earth Systems PTY. LTD., ArSta Eco, Pacific Pyrolysis, Biochar Supreme, LLC, Phoenix Energy, The Biochar Company, Vega Biofuels, Inc., Cool Planet Energy Systems Inc., Biochar Products, Inc., Diacarbon Energy Inc., and Agri-Tech Producers, LLC.