Granular Biochar Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The granular biochar market is expected to grow from US$ 68,789.87 Thousand in 2022 to US$ 134,541.08 Thousand by 2029; it is estimated to grow at a CAGR of 11.8% from 2022 to 2030.
Granular Biochar Market Overview:
Granular biochar is a carbon-rich product consisting of renewable agricultural waste such as coconut husks, coconut husks, cotton stalks, corn cobs, leaves, and bagasse. It reduces water pollution and helps increase crop yields. Granular biochar is produced using raw materials such as yard waste, food waste, crop residues, and plant and animal biomass. It improves root structure and growth. It also reduces soil acidity and nitrogen leaching into groundwater. Granular biochar is a new low-cost alternative to biologically activated carbon. Additionally, it increases the amount of organic matter in the soil. All these factors are driving the market. Granular biochar helps to improve crop productivity and soil fertility. In addition, soil degradation is a big problem for global agriculture. Apply biochar to them to improve the condition of degraded soils and address this growing problem. Granular biochar enhances soil structure, increases water retention and aggregation, reduces acidity, improves porosity, controls nitrogen leaching, and improves microbial properties, thereby improving soil quality. Composting has also been shown to benefit from granular biochar. The loss of nutrients and the emission of greenhouse gases in composting materials are prevented.
Granular Biochar market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Granular Biochar market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Granular Biochar Market:
Market Key Players:
Diacarbon Energy, Agri-Tech Producers, Biochar Now, Carbon Gold, Kina, The Biochar Company, Swiss Biochar GmbH, ElementC6, BioChar Products, BlackCarbon, Cool Planet, Carbon Terra, And Others.
Granular Biochar Market by Types:
- Wood Source Biochar
- Corn Source Biochar
- Wheat Source Biochar
Granular Biochar Market by Applications:
- Soil Conditioner
Granular Biochar Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
In 2021, Asia Pacific dominates the global market. Furthermore, it is expected to be the fastest growing region during the forecast period. The granular biochar market in the Asia Pacific is growing owing to various factors such as increasing demand for organic and healthy products, increasing use of granular biochar in the water and wastewater treatment industry, implementation of the latest technologies in the region, and expanding research and development efforts. Government organizations are working to regulate the production and use of environmentally friendly products, such as banning the use of chemicals and establishing maximum consumption limits. Therefore, there is an urgent need to develop bio-based agrochemicals to reduce the harmful effects of synthetic agrochemicals on the environment. Furthermore, advantages of using granular biochar such as low acidity, high soil stability, and increased efficiency have led to increased adoption of this type of product. These factors are driving the market growth.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Significant Market Dynamics:
The growth of the global granular biochar market is attributed to various factors such as increasing demand for organic farming, increasing awareness about the benefits of biochar, and growing popularity of sustainable farming. Furthermore, increasing funding for biochar technology R&D activities is expected to drive the growth of the global granular biochar market over the forecast period. However, high initial investment cost and lack of consumer awareness are some of the major factors restraining the growth of this market.
Report Scope of Global Granular Biochar Market:
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of Granular Biochar market?
The Granular Biochar Market is growing at a CAGR of 11.8% During Forecast Period.
What are the key types and applications of Granular Biochar market?
- Wood Source Biochar, Corn Source Biochar, Wheat Source Biochar, Others
- Soil Conditioner, Fertilizer, Others
Who are the key players in Granular Biochar market?
Diacarbon Energy, Agri-Tech Producers, Biochar Now, Carbon Gold, Kina, The Biochar Company, Swiss Biochar GmbH, ElementC6, BioChar Products, BlackCarbon, Cool Planet, Carbon Terra, And others.
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.