August 16, 2019 by Steve Blade
A recently compiled report of Fact.MR, titled “Biochar Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2019-2029,” offers an in-depth analysis on the biochar market worldwide. Size of the biochar market has been studies in detail and is provided in terms of value (US$ Mn) and volume (tons). The report also gives an in-depth analysis and projection on the various segments and the competitive landscape of the biochar market.
Biochar Market - Key Growth Influencers
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Chapter 2- Biochar Market Overview
Biochar Market in Numbers
Biochar Market – Additional Insight
Does Biochar Promise to Help Mitigate Climate Changes
Growing awareness about the carbon negative nature of pyrolysis-derived biochar is creating fresh growth avenues for stakeholders. The potential role of this bichar system derived by the process of pyrolysis is being increasingly viewed as a potential tool to mitigate climate change, by restoring plant based carbon in a stabilized form in soil to prevent decomposition. Though the consensus revolving around the effectiveness of soil biochar amendments in eradicating CO2 from the atmosphere continues to grow, its chemical properties and net carbon footprint are widely variable.
Biochar Market – Competition Landscape
The global landscape of biochar market continues to represent a highly fragmented competition structure, and a majority of revenue shares are held by a wide pool of several unorganized players. Companies, such as Carbon Gold Ltd., Biochar Now LLC, Genesis Industries LLC, Biochar Supreme LLC, and Diacarbon Energy Inc., are currently leading the way, and continue to dedicate their strategies to the innovation of competitively priced, as well as energy-efficiency variants.
As low-emission low-cost biochar products have been recently capturing the attention of participants in the biochar market, it is highly likely that companies will remain adhered to advanced production techniques for a variety of economical substitutes for activated carbon applications. Industry stakeholders are also eyeing gains out of the biochar application in limiting compost greenhouse gas (GHG) emissions and odors, and hydrogen sulfide sorption in wastewater treatment.
A large number of market players are leveraging their R&D capabilities to explore the potential application of biochar in the generation of electricity, and nutrition retention of soil. In view of the potential application and eventual demand for biochar in solving dry land issues, such as acidified soils and drought related problems, stakeholders are investing efforts in creating awareness among the farmers, to unlock new opportunistic avenues in the market. Additionally, the shifting focus of companies on capitalizing on the growing application of biochar in water conservation points to an influx of opportunities in the competition landscape.
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