Global Biochar Market Set for Rapid
Growth, To Reach Around USD
585.0 Million By 2020
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Biochar Market
Zion Research has published a new report titled “Biochar (Pyrolysis, Gasification, Hydrothermal
and Others Technology) Market for Agriculture, Water & Waste Water Treatment and Other
Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020”
According to the report, the global biochar marketwas valued at approximately USD
260.0 million in 2014 and is expected to reach approximately USD 585.0 million by 2020,
growing at a CAGR of around 14.5% between 2015 and 2020. In terms of volume, global biochar
market stood at 100 kilo tons in 2014.
Biochar is a fine-grained carbon rich product obtained by heating organic material such as
wood, manure or leaves under conditions of no oxygen. Biochar can enhance soils, sequester
carbon as well as provide useable energy. Biochar also have tendency to filter and retain
nutrients from percolating soil water. Pyrolysis, hydrothermal conversion and gasification are
simple and efficient technologies for transforming different biomass feedstocks into renewable
energy products. Furthermore, biochar has ability to produce usable energy during its
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Biochar Market
production while concurrently creating a carbon product, which provides sequester or store
carbon and improve agriculture and other processes.
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Based on technology, biochar market can be segmented as pyrolysis, gasification, hydrothermal
and others. The pyrolysis technology is largest segment accounted for significant share and
expected to witness fastest...