Biochar Market Size - Global Industry Share, Analysis, Trends and Forecast 2022 - 2030

The Global Biochar Market size Accounted for USD 168 Million in 2021 and is predicted to be worth USD 484 Million by 2030, with a CAGR of 12.9% during the projected period from 2022 to 2030.

Global Biochar Market DRO’s

Market Drivers

• Enhancement in crop yield by improving soil fertility
• Natural carbon sequestration property of biochar
• Growing demand for biochar in energy production
• Government initiatives and strict environment regulations
• Production of biochar creating effective waste management potential

Market Restraints

• High cost of biochar
• Lack of awareness towards the benefits offered by biochar and labour barriers

Market Opportunities

• Role of biochar in lowering carbon food chain
• Limited availability of arable land and degrading soil quality

Biochar Market Report Coverage

Biochar is generally like charcoal, which is utilized to build the richness of soil, and aids in expanding the horticultural efficiency, alongside giving security against soil borne ailments. Biochar is developed through the procedure of pyrolysis and carbonization. During the biomass pyrolysis process, biochar is produced as a by-product, and is proficient in enhancing richness of soil, while giving normal carbon sequestration. Biochar helps in holding the carbon in soil, and furthermore goes about as a soil enhancer. Biochar is regularly sold in type of ease biochar compost buildings and little measured sacks, because of its high cost in the market. Biochar mixes are generally used in gardens, agriculture farms, and household application.

The global biochar market is driven due to increase in population which creates the need for improved soil fertilization to enhance crop yield. In addition, government initiatives to support the usage of biochar and stringent environment regulations, and waste management potential are some of the factors responsible for driving the growth of this market. Owing to the high cost and lack of awareness and labor barriers, the growth of biochar market is restricted to some extent. Contribution of biochar to low carbon food chain and land constraint and degrading soil quality are some of the factors which are subjected to prove potential opportunities for biochar market.

Biochar Market Segmentation

The global biochar market segmentation is based on the application, feedstock, technology, manufacturing process, and geographical region.

Market by Application

• Gardening
• Agriculture
• Household

Based on the application, the agriculture segment is estimated to hold the largest market share in 2021. This expansion is due to the use of biochar in agricultural systems, which is one potential alternative for increasing the natural processes of sequestering carbon in the ground, reducing farm waste, as well as improving soil quality. Biochar has the ability to boost traditional agricultural output while minimizing emissions of greenhouse gases from cultivated fields.

Market by Feedstock

• Agricultural Waste
• Forestry Waste
• Animal Manure
• Biomass Plantation
• Others

According to the biochar industry analysis, the agriculture waste category will hold considerable market share in 2021. Using agricultural waste as biochar is one method of managing agricultural waste to support wetlands optimization. In Indonesia, agricultural waste is projected to amount to 10.7 t y-1, which includes cocoa pods, rice husks, oil palm shells, coconut shells, and corncobs.

Market by Technology

• Pyrolysis
  • Microwave Pyrolysis
  • Batch Pyrolysis
  • Continuous Pyrolysis Kiln
• Gasifier and Cookstove
• Others

In terms of technology, the pyrolysis segment is expected to increase greatly within the coming years. This expansion is likely to accelerate due to benefits such as improved energy conservation and industrial feasibility. Aside from just being simple and economical, the method reduces instances of trash disposal, water contamination, and emissions of greenhouse gases.

Market by Manufacturing Process

• Gasification
• Fast and Intermediate Pyrolysis
• Slow Pyrolysis
• Others

According to the biochar market forecast, the gasification segment is expected to develop in the approaching years. Gasification is a prevalent method for generating syngas from various solid fuel supplies. Furthermore, biochar produced while gasification is regarded as a waste and also has various essential applications, including dye elimination from wastewater, carbon sequestration, chemical adsorption, and soil conditioner. Gasification is a thermochemical method that converts biomass to a fuel source while producing charcoal as a byproduct.

Biochar Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa