Biochar Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Key Highlights

The biochar market was valued at USD 2,607.1 million in 2023, which will rise to USD 5,144.8 million, propelling at more than 10.0% compound annual growth rate, by 2030.

The growth is primarily because of the stringent environmental rules and the rising number of government initiatives encouraging sustainability.

This can be attributed to the increasing environmental pollution as well as global warming.

The governments of some nations have started many projects that promote the utilization of biochar in different soil-related applications.

Biochar production promotes the management of agricultural as well as other organic waste in an effective mode. It also assists in cutting the cost of waste disposal.

The surging need for biochar in the agriculture sector is a major trend being observed in this industry.

Biochar, which is made through pyrolysis, is a porous form of carbon that has various applications, particularly soil remediation and improvement.

It offers nutrition to crops and improves soil fertility and plant growth. Also, it has the capability to hold the applied fertilizer and release it at the desirable level to crops.

The benefit of retaining nutrients and water on the surface of the soil for longer periods assists in preventing the loss of nutrients from the crop root zone, which results in enhancing crop yields and reducing the requirement for fertilizers.

Key Insights

Europe accounted for the largest share of the industry in 2023, of approximately 45%. The rising biochar manufacturing capacity, partly, because of the robust government backing for it, is resulting in its easy accessibility and widespread consumption.

APAC will propel at the fastest compound annual growth rate, of 10.6%, in the years to come. This is because of the presence of a large and budding agriculture sector in China and India.

Several government schemes and research and development initiatives are raising the consciousness about biochar and its various benefits in the farming community.

Pyrolysis led the industry in 2023, with a 35% share. This can be because pyrolysis is an eco-friendly and effective waste treatment technique because it can treat low-value, high-ash waste like deinking sludge and sewage, which can't be treated through other approaches.

The gasification category will propel at the highest rate, of 10.7%, during this decade. This is mainly because of the significant improvements in this technology.

Woody biomass accounted for the largest share of the industry in 2023, of approximately 25%, and it is also growing at the fastest CAGR. This can be because woody biomass has a minimal amount of heavy metals and sulfur, and its particulate emissions are manageable.

Agriculture was the largest contributor in 2023, with approximately 50% share, and the category is also advancing at the fastest CAGR.

Most biochar produced globally is likely to be used in agriculture. As there is no necessity for extra processing, this product can be added with nutrients and utilized as a soil conditioner.

The biochar industry is fragmented. Players in this industry are pursuing investments to increase their offerings as well as improve their technology.

Product Code: 10431

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by technology
- 1.4.2. Market size breakdown, by source
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Volume, by Technology (2017-2030)
6.3. Market Revenue, by Technology (2017-2030)
6.4. Market Volume, by Source (2017-2030)
6.5. Market Revenue, by Source (2017-2030)
6.6. Market Volume, by Application (2017-2030)
6.7. Market Revenue, by Application (2017-2030)
6.8. Market Volume, by Region (2017-2030)
6.9. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Volume, by Technology (2017-2030)
7.3. Market Revenue, by Technology (2017-2030)
7.4. Market Volume, by Source (2017-2030)
7.5. Market Revenue, by Source (2017-2030)
7.6. Market Volume, by Application (2017-2030)
7.7. Market Revenue, by Application (2017-2030)
7.8. Market Volume, by Country (2017-2030)
7.9. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Volume, by Technology (2017-2030)
8.3. Market Revenue, by Technology (2017-2030)
8.4. Market Volume, by Source (2017-2030)
8.5. Market Revenue, by Source (2017-2030)
8.6. Market Volume, by Application (2017-2030)
8.7. Market Revenue, by Application (2017-2030)
8.8. Market Volume, by Country (2017-2030)
8.9. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Volume, by Technology (2017-2030)
9.3. Market Revenue, by Technology (2017-2030)
9.4. Market Volume, by Source (2017-2030)
9.5. Market Revenue, by Source (2017-2030)
9.6. Market Volume, by Application (2017-2030)
9.7. Market Revenue, by Application (2017-2030)
9.8. Market Volume, by Country (2017-2030)
9.9. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Volume, by Technology (2017-2030)
10.3. Market Revenue, by Technology (2017-2030)
10.4. Market Volume, by Source (2017-2030)
10.5. Market Revenue, by Source (2017-2030)
10.6. Market Volume, by Application (2017-2030)
10.7. Market Revenue, by Application (2017-2030)
10.8. Market Volume, by Country (2017-2030)
10.9. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Volume, by Technology (2017-2030)
11.3. Market Revenue, by Technology (2017-2030)
11.4. Market Volume, by Source (2017-2030)
11.5. Market Revenue, by Source (2017-2030)
11.6. Market Volume, by Application (2017-2030)
11.7. Market Revenue, by Application (2017-2030)
11.8. Market Volume, by Country (2017-2030)
11.9. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Volume, by Technology (2017-2030)
12.3. Market Revenue, by Technology (2017-2030)
12.4. Market Volume, by Source (2017-2030)
12.5. Market Revenue, by Source (2017-2030)
12.6. Market Volume, by Application (2017-2030)
12.7. Market Revenue, by Application (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Volume, by Technology (2017-2030)
13.3. Market Revenue, by Technology (2017-2030)
13.4. Market Volume, by Source (2017-2030)
13.5. Market Revenue, by Source (2017-2030)
13.6. Market Volume, by Application (2017-2030)
13.7. Market Revenue, by Application (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Volume, by Technology (2017-2030)
14.3. Market Revenue, by Technology (2017-2030)
14.4. Market Volume, by Source (2017-2030)
14.5. Market Revenue, by Source (2017-2030)
14.6. Market Volume, by Application (2017-2030)
14.7. Market Revenue, by Application (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Volume, by Technology (2017-2030)
15.3. Market Revenue, by Technology (2017-2030)
15.4. Market Volume, by Source (2017-2030)
15.5. Market Revenue, by Source (2017-2030)
15.6. Market Volume, by Application (2017-2030)
15.7. Market Revenue, by Application (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Volume, by Technology (2017-2030)
16.3. Market Revenue, by Technology (2017-2030)
16.4. Market Volume, by Source (2017-2030)
16.5. Market Revenue, by Source (2017-2030)
16.6. Market Volume, by Application (2017-2030)
16.7. Market Revenue, by Application (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Volume, by Technology (2017-2030)
17.3. Market Revenue, by Technology (2017-2030)
17.4. Market Volume, by Source (2017-2030)
17.5. Market Revenue, by Source (2017-2030)
17.6. Market Volume, by Application (2017-2030)
17.7. Market Revenue, by Application (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Volume, by Technology (2017-2030)
18.3. Market Revenue, by Technology (2017-2030)
18.4. Market Volume, by Source (2017-2030)
18.5. Market Revenue, by Source (2017-2030)
18.6. Market Volume, by Application (2017-2030)
18.7. Market Revenue, by Application (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Volume, by Technology (2017-2030)
19.3. Market Revenue, by Technology (2017-2030)
19.4. Market Volume, by Source (2017-2030)
19.5. Market Revenue, by Source (2017-2030)
19.6. Market Volume, by Application (2017-2030)
19.7. Market Revenue, by Application (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Volume, by Technology (2017-2030)
20.3. Market Revenue, by Technology (2017-2030)
20.4. Market Volume, by Source (2017-2030)
20.5. Market Revenue, by Source (2017-2030)
20.6. Market Volume, by Application (2017-2030)
20.7. Market Revenue, by Application (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Volume, by Technology (2017-2030)
21.3. Market Revenue, by Technology (2017-2030)
21.4. Market Volume, by Source (2017-2030)
21.5. Market Revenue, by Source (2017-2030)
21.6. Market Volume, by Application (2017-2030)
21.7. Market Revenue, by Application (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Volume, by Technology (2017-2030)
22.3. Market Revenue, by Technology (2017-2030)
22.4. Market Volume, by Source (2017-2030)
22.5. Market Revenue, by Source (2017-2030)
22.6. Market Volume, by Application (2017-2030)
22.7. Market Revenue, by Application (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Volume, by Technology (2017-2030)
23.3. Market Revenue, by Technology (2017-2030)
23.4. Market Volume, by Source (2017-2030)
23.5. Market Revenue, by Source (2017-2030)
23.6. Market Volume, by Application (2017-2030)
23.7. Market Revenue, by Application (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Volume, by Technology (2017-2030)
24.3. Market Revenue, by Technology (2017-2030)
24.4. Market Volume, by Source (2017-2030)
24.5. Market Revenue, by Source (2017-2030)
24.6. Market Volume, by Application (2017-2030)
24.7. Market Revenue, by Application (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Volume, by Technology (2017-2030)
25.3. Market Revenue, by Technology (2017-2030)
25.4. Market Volume, by Source (2017-2030)
25.5. Market Revenue, by Source (2017-2030)
25.6. Market Volume, by Application (2017-2030)
25.7. Market Revenue, by Application (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Volume, by Technology (2017-2030)
26.3. Market Revenue, by Technology (2017-2030)
26.4. Market Volume, by Source (2017-2030)
26.5. Market Revenue, by Source (2017-2030)
26.6. Market Volume, by Application (2017-2030)
26.7. Market Revenue, by Application (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Volume, by Technology (2017-2030)
27.3. Market Revenue, by Technology (2017-2030)
27.4. Market Volume, by Source (2017-2030)
27.5. Market Revenue, by Source (2017-2030)
27.6. Market Volume, by Application (2017-2030)
27.7. Market Revenue, by Application (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Volume, by Technology (2017-2030)
28.3. Market Revenue, by Technology (2017-2030)
28.4. Market Volume, by Source (2017-2030)
28.5. Market Revenue, by Source (2017-2030)
28.6. Market Volume, by Application (2017-2030)
28.7. Market Revenue, by Application (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Pacific Biochar Benefit Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Biochar Solutions Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Phoenix Energy
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Black Owl Biochar
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Biochar Now
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Airex Energy
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. American BioChar Company
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Bioforcetech Corp.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. ECOERA AB
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. ETIA S.A.S
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. ArSta Eco Pvt Ltd
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Biochar Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)