Global Biochar Market Analysis 2020-2030

The global biochar market is anticipated to grow with a CAGR 13.93% over the forecast period, i.e., 2021 - 2030. Factors such as the growing number of initiatives by the government of nations worldwide to promote the use of biochar amongst the end-users, and the numerous benefits associated with the use of the product are anticipated to contribute to the market growth in the coming years. Additionally, increasing population globally and the decreasing arable land, which is raising the burden amongst the farmer to increase their crop production volume at a lesser space, and in turn enforcing the use of fertilizers for enhanced produce, is also anticipated to drive the growth of the market in the coming years. The market is estimated to garner a revenue of more than USD 1130 Million by the end of 2030, up from a revenue of near to USD 310 Million in the year 2020.

The global biochar market is segmented by numerous segments into technology, product form, raw material, application, end-user, and by region. By technology, the market is segmented into pyrolysis, gasification, batch pyrolysis kiln, cookstove, and others. By the end of 2030, the pyrolysis segment is anticipated to garner the largest revenue of near to USD 820 Million, up from a revenue of about USD 210 Million in the year 2020.

On the basis of regional analysis, the global biochar market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in the Asia Pacific, out of the market in all the other regions, is anticipated to generate the largest revenue of around USD 490 Million by the end of 2030. Moreover, the market in the region generated a revenue of about USD 130 Million in the year 2020.

Some of the prominent industry leaders in the global biochar market that are included in our report are Pyropower, ETIA S.A.S., Airex Energie Inc., ECOERA AB, Genesis Industries, ARSTA ECO PVT LTD, GREENBACK PTE LTD, Swiss Biochar Sarl, Iwamoto Inc., KANSAI CORPORATION, MEIWA CO., LTD., Biochar Supreme, LLC, Tesaki Seisakusho Co., Ltd., EkoBalans Fenix AB, and others.