Biochar Market Size – By Feedstock (Woody Biomass, Agricultural Waste, Forestry Waste, Urban and Industrial Waste), By Technology (Pyrolysis, Gasification, Hydrothermal Carbonization and Others), By Form (Solid Biochar and Liquid Biochar) By Application (Soil Amendment, Animal Feed, Waste Management, Energy Production, Construction, Water and Air Filtration and Others) & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-25
- NO OF PAGES
- 280
- CATEGORY
- Chemicals & Materials
Market Overview
The Biochar market report is predicted to develop at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2034, when global Biochar market forecast size is projected to reach USD 3,429.58 Million in 2034, based on an average growth pattern. The global Biochar market revenue is estimated to reach a value of USD 758.36 Million in 2024.
SOURCE: We Market Research
The Global
Biochar Market refers to the industry focused on the production, distribution,
and utilization of biochar, a carbon-rich material created by the pyrolysis
(thermal decomposition in the absence of oxygen) of organic biomass such as
agricultural waste, forestry residue, or manure.
The global
biochar market is a growing sector with applications spanning agriculture,
environmental management, and renewable energy. Biochar is a carbon-rich
material produced through pyrolysis of organic biomass, offering benefits like
improved soil fertility, carbon sequestration, and waste management. Biochar is
gaining traction in carbon markets. For instance, Swiss Re committed to
purchasing 70,000 metric tons of biochar carbon removal credits from
Carbonfuture over seven years, highlighting the growing recognition of biochar
in carbon offset strategies. Companies like NetZero have secured significant
funding to expand biochar production facilities, indicating investor confidence
in the market's potential.
Global Biochar Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 758.36 Million |
|
Market
Forecast in 2034 |
USD 3,429.58 Million |
|
CAGR % 2024-2034 |
16.2% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Feedstock,
By Technology, By Form, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Biochar Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Biochar market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.