Europe Biochar Market


Posted December 9, 2020 by sandycool

Europe Biochar Market was worth USD 0.59 billion in 2020 and estimated to be growing at a CAGR of 13.6%, to reach USD 0.72 billion by 2025
 
Europe Biochar Market was worth USD 0.59 billion in 2020 and estimated to be growing at a CAGR of 13.6%, to reach USD 0.72 billion by 2025
Biochar is fine-grained charcoal rich in carbon, prepared by heating biomass in oxygen-free air. It is added to soil to enhance the physical and chemical properties in order to amount of crops produced. The market has a high growth rate due to increasing food demand and decreasing soil quality due to excessive use of chemical fertilizers.

Apart from increasing the soil quality as they have a lot of nutrients, biochar has other advantages like retaining carbon into soil from the atmosphere. It can be used for capturing the greenhouse gas CO2, responsible for global warming. It can retain nutrients from flowing soil water. Producing biochar results in additional energy which can be used again for the same process. It also increases the quality of soil by absorption of water.

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The Europe market for Biochar is primarily driven by factors like increasing demand for organic farming, rising demand from the agricultural sector, stringent environmental regulations rising usage of biochar in livestock as animal feed, and its waste management applications among others. But the market is constrained by lack of awareness and high prices. However, awareness about Biochar is increasing rapidly.  

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Market Segmentation:

The Europe Biochar market is segmented by application into

Agriculture
Gardening
Households
Others
Agriculture dominates the market having the largest market share of around 45% and is also the fastest growing segment. By technology, the market is divided into microwave pyrolysis, continuous pyrolysis, batch pyrolysis kiln, gasifier, hydrothermal, cook stove and others. By manufacturing the market is segmented into gasification, pyrolysis and others. Biochar is mostly produced by pyrolysis, hence it has the largest market share in this segment. By feedstock the market is divided into agricultural waste, forestry waste, and animal manure and biomass plantations.

Geographical Analysis:

The Europe market for Biochar is geographically segmented into

United Kingdom
France
Italy
Germany
It is the second-largest market in the world for Biochar. The European market is driven primarily as Biochar is used extensively in the production of meat as food stock. The growth is expected to be steady in the forecast period.

Major Key Players Involved in the report:

Some of the major companies dominating the Europe Biochar market are Biochar Products Inc., Diacarbon Energy Inc., Agri-Tech Producers LLC, Genesis Industries, Green Charcoal International, Vega Biofuels Inc., The Biochar Company, Cool Planet Energy Systems Inc., Full Circle Biochar, and Pacific Pyrolysis Pty Ltd.
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Categories Agriculture , Business
Tags biochar , market data forecast , market size , market trends , market values
Last Updated December 9, 2020