The global biochar market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Biochar Market Size, Share and Global Trend By Feedstock (Agriculture Waste, Forestry Waste, Animal Manure, Others), By Process (Pyrolysis, Gasification, Others), By Application (Agriculture, Power Generation, Others) and Geography Forecast till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other biochar market trends. The report is available for sale on the company website.
List of the major companies that are present in the global biochar market:
- American Biochar Company
- Carbonis GmbH & Co.
- Farm2Energy Pvt Ltd.
- Terra Humana Ltd.
- CarbonScape Ltd.
- Tolero Energy LLC.
- Oregon Biochar Solutions
- Terra Char
- Vedic Orgo LLP
- Interra Energy Inc.
- Pacific Biochar Benefit Corporation
- Cool Planet
- CharGrow USA LLC
“Rising Awareness Regarding Curbing Carbon Emission Will Encourage Growth”
The global biochar market, on the basis of feedstock, is segmented into agricultural waste, forestry waste, and animal manure and others. Forestry and agricultural waste are widely used for the production of biochar. Biochar is mainly produced from agricultural and forestry wastes due to abundance in the availability of the feedstock as compared to animal manure. Further, the global biochar market is segmented on the basis of the production process into the pyrolysis process, gasification and combustion process. Gasification produces lesser quantities of biochar as compared to pyrolysis, Pyrolysis produces oils, liquids, and syngas depending on the rate of the pyrolysis (fast or slow). The global biochar on the basis of applications is segmented into feedstock additive, soil conditioner and as a raw material for power generation. Furthermore, the launch of operations by KTV Green Enterprises is expected to enable global biochar market growth.
For instance, KTV Green Enterprises Limited has launched operations in order to generate 8,000 Mw capacity of electricity using biochar, water vapor, and other soil additives. The increasing awareness of greenhouse gas emissions is also expected to boost the global biochar market. For instance, an NGO named African Soils Initiative has launched an initiative in order to raise awareness among the natives for the benefits and applications of biochar. In addition, the construction of biochar plants and facilities is also likely to contribute to the global biochar market revenue. For instance, Environotics Unlimited company announced its plans to start a USD 10 Million composting facilities and a biochar plant in the Buckhannon part of West Virginia. However, the cost of offsite production and transportation of biochar makes it an uneconomical product for the end-users in some particular regions. This factor is expected to hamper the growth of the global biochar market.
View press release for more information @ https://www.marketwatch.com/press-release/how-will-biochar-market-deal-with-the-covid-19-crisis-2020-04-08
Regional Analysis for Biochar Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Biochar Market:
- Executive Summary
- Market Dynamics
- Key Biochar Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Biochar Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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