Transparency Market
Research has released a new market report titled "Biochar
Market- Global Industry Analysis, Market Size, Share, Growth, Trends
and Forecast 2014 - 2020." According to the report, the global
Biochar market revenue was valued at USD 229.3 Million in 2013 and is
expected to reach USD 572.3 million in 2020, at a CAGR of 14.8% from
2013 to 2020. Also, the global commercial Biochar production is
expected to surge from 100 Kilo tons to 300 Kilo tons at a CAGR of
20.1% from 2013 to 2020.
Biochar is a
byproduct of charcoal and is obtained by thermal gasification or
pyrolysis of charcoal. Biochar improves the soil quality thereby
reducing green house gas emissions and also possesses the potential
to make more attractive business for renewable energy, fueling the
global market for biochar in the coming years. Moreover, biochar
offers wide applicability for both energy and non-energy purposes. It
is used as a feedstock in the power plants and also for electricity
generation. The non-energy uses of biochar include its use for soil
amendment, carbon sequestration, mine reclamation, adsorbents,
agriculture, gardening and others.
Browse the full
Global Biochar Market Report at
The Major factor
driving this market is the ability of biochar to increase soil
fertility by carbon sequestration. Addition of biochar helps to
maintain the soil carbon level and increase yields.
Certain benefits
from engineered biochars in agriculture sector are as follows:
Improves water
holding capacity of roots
Improves fertilizer
holding capacity of roots
Improves the
biological productivity of soil
Protection against
soil diseases
These factors have
largely benefited the agricultural sector and have proved the value
of biochar product. The improved fertility of soil has several
benefits such as high rate of growth of plants, less use of
fertilizer, less pollution from the fertilizer and cost savings by
reduced fertilizers utilization. These features will encourage the
farmers to use biochar and act as driver for the global biochar
market. As the biochar production technology is in its early stages
of development, there are certain associated issues such as biochar
handling, biochar system deployment and feedstock procurement.
Moreover, biochar is a flammable substance and there are certain
public safety concerns for its handling. The opportunity associated
with biochar lies with its environmental friendly characteristics
such as carbon sequestration, water holding capacity and soil
enhancement. Additionally, the biochar industry can also provide
opportunity for employment and hence poverty alleviation, alongwith
the provision of better quality food, thus ensuring better health of
the consumers. .Further, the standard biochar system will act as an
opportunity for the global biochar market as a standardized system
can be used for different business segments such as agricultural or
forest.
The global biochar
market segmentation is provided based on geography, technology,
feedstock and application. The geographical coverage includes North
America, Europe, Asia Pacific and Rest of the World (RoW). The
technological segmentation is provided based on the process and
equipment. The major biochar production processes are: fast,
intermediate and slow pyrolysis, gasification and microwave pyrolysis
whereas the continuous and batch pyrolysis kiln, cookstove and
gasifiers are the equipment involved in the biochar production.
Forestry waste, biomass plantation, agricultural waste and animal
manure are the major feedstocks for the biochar.
Some of the key
players of the biochar market included in this report are: Agri-Tech
Producers, LLC, Biochar Products, Inc., Cool Planet Energy Systems
Inc, Blackcarbon, Diacarbon Energy Inc and Genesis Industries. The
report provides an overview of the above mentioned companies followed
by their SWOT analysis, financial overview, product portfolio,
business strategies and recent developments. The report also provides
the overview of current policies; standards and certification
programs associated with the biochar industry alongwith the
recommendations for stakeholders to ensure sustainable and profitable
biochar market growth.
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The report provides
a thorough assessment of strategies followed by different
stakeholders by segmenting the geothermal power generation market as
below:
Biochar Market:
Geographical Analysis
North America
Asia Pacific
Europe
Rest of World (RoW)
Biochar Market:
Feedstock Analysis
Forestry Waste
Biomass Plantation
Agriculture Waste
Animal Manure
Biochar Market:
Equipment/Technology Analysis
Continuous Pyrolysis
Kiln
Gasifier &
cookstove
Microwave Pyrolysis
Batch Pyrolysis Kiln
Biochar Market:
Manufacturing Process Analysis
Fast &
Intermediate Pyrolysis
Slow Pyrolysis
Gasification
Microwave Pyrolysis
Biochar Market:
Application Analysis
Energy based
Sources for Power
Plant
Electricity
Generation
Non-Energy based
Carbon Sequestration
Forestry
Mine Reclamation
Gardening
Agriculture
Others
Browse All Energy &
Mining Market Research Reports @
http://www.transparencymarketresearch.com/energy-market-reports-3.html
About Us
Transparency Market
Research (TMR) is a market intelligence company, providing global
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that it always reflects the latest trends and information. With a
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employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
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