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Biochar Market will Reach USD 585.0 million by 2020 Cheap Jordan Willis Jersey , Globally Business Articles | July 21, 2016
Global biochar market was valued at USD 260.0 million in 2014 and is expected to reach USD 585.0 million by 2020, growing at a CAGR of 14.5% between 2015 and 2020
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 Cheap Nick Vigil Jersey , Comprehensive Analysis and Forecast, 2014 - 2020” According to the report, the global biochar market was 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.
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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 Cheap Joe Mixon Jersey , 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 production while concurrently creating a carbon product, which provides sequester or store carbon and improve agriculture and other processes.
Based on technology, biochar market can be segmented as pyrolysis, gasification Cheap John Ross Jersey , hydrothermal and others. The pyrolysis technology is largest segment accounted for significant share and expected to witness fastest growth at a CAGR of over 10.0% in terms of revenue from 2015 to 2020. Gasification technology does not create stable biochar which can be used in agriculture for soil amendment. This technology segment expected to decline its market share in the years to come.
On the basis of application, the biochar market has been segmented into agriculture, water & waste water treatment and others. Agriculture was a major application segment of biochar market and accounted over 80% share of the global demand in 2014 and is expected to continue its dominance in global market over the forecast period. Water & waste water treatment is another major application segment and expected to exhibit significant growth on account of growing hygiene awareness and effective water infrastructure.?
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Some of the key industry players including Diacarbon Energy Inc, Vega Biofuels, Inc, Agri-Tech Producers. LLC Cheap Dre Kirkpatrick Jersey , Hawaii Biochar Products. LLC, Biochar Products, Inc., Cool Planet Energy Systems Inc, Blackcarbon AS, Green Charcoal International Cheap Vontaze Burfict Jersey , Earth Systems Pty Ltd and Genesis.
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Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy Cheap Carlos Dunlap Jersey , food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
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