New
market study that analyzes the developments of the global biochar
market for the period from 2014 to 2020. According to TMR’s
projections, the biochar market will rise at a phenomenal 14.80% CAGR
in the given period. If the projection holds true, the market will
reach a valuation of US$572.3 mn by 2020, increasing from US$229.3 mn
in 2013. By volume, the production of biochar is slated to increase
from 100 kilo tons to 300 kilo tons during the same period, expanding
at a CAGR of 20.10% between 2013 and 2014
In-depth
research report on Global Biochar Market with Full TOC at :
http://www.transparencymarketresearch.com/biochar-market.html
Presently,
the biochar sector is in its developmental stage and is yet to be
utilized fully for worthwhile gains. However, the biochar market will
expand rapidly in the coming years due to the environmental and
agricultural productivity benefits associated with biochar, says the
TMR report.According to several studies that have been carried out,
biochar has high usability for agriculture due to its ability to
enhance soil properties such as soil fertility, nutrient retention
and stability, and increased soil biodiversity. In addition, the
other benefits of biochar-based products for soil are production of
healthy humus and maintenance of the soil pH level. Enhanced water
retention, improved seed germination, and resistance to insects and
fungi are the other benefits imparted by usage of biochar. These are
directly related with boosted food security and reduced
deforestation.
Other
than this, biochar is useful in carbon sequestration, because of
which soil can hold carbon for thousands of years. Thus, the amount
of carbon discharged in the environment is held back, which in turn
benefits the planet due to reduced greenhouse gas emissions. Thus, in
order to increase public awareness about the benefits of biochar,
conferences and promotional campaigns are being organized, with the
participation of farmers, scientists, industry stakeholders,
manufacturers, and suppliers, which is expected to increase the
commercial potential of biochar for the stakeholders.
For
biochar to receive acceptance to be used for commercial purposes,
standards and certifications have been framed, such as IBI Biochar
Standards, European Biochar Certificate, IBI Biochar certification,
and Biochar Risk Assessment Framework (BARF). Companies and
individual farmers that use biochar need to adhere to standards
pertaining to the use of biochar in the region of use.However, the
biochar market is facing limited growth due to a few reasons. In some
parts of the world, technological insufficiencies, lack of consumer
awareness, and financial constraints are restraining the biochar
market’s growth. Stringent regulations pertaining to the use of
carbon compounds, especially in Europe, are further slowing the
growth of this market. Nevertheless, biochar companies have
understood the scalability and best available technology for maximum
biochar production at the least cost. Hence, the global market for
biochar will rise expeditiously in the future. The biochar market is
segmented on the basis of technology, feedstock, application, and
geography. By technology, equipment and processes are the segments of
the market.
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further inquiries, click here :
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The
global biochar market has been segmented as below:
Global
Biochar market: By Geography
- North America
- Europe
- Asia Pacific
- RoW
Global
Biochar market: By Technology
By
Process
- Fast & Intermediate Pyrolysis.
- Slow Pyrolysis
- Gasification
- Microwave Pyrolysis
Equipment/
Technology
- Continuous Pyrolysis Kiln
- Batch Pyrolysis Kiln
- Gasifier & Cook stove
- Others (Rotary Kiln & Microwave Pyrolysis)
Global
Biochar market: By Feedstock
- Forestry Waste
- Biomass Plantation
- Agriculture Waste
- Animal Manure
Global
Biochar market: By Application
Energy
Based
- Source for Power Plant.
- Other Energy generation
Non-Energy
Based
- Carbon Sequestration.
- Forestry
- Mine Reclamation
- Gardening
- Agriculture
- Others
Browse
Article Of Global Biochar Market :
http://www.transparencymarketresearch.com/article/biochar-market.htm
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