Global Biochar Market to Grow at 15% CAGR till 2024
Growing focus on improving crop yield to
drive global biochar market through 2024
According
to TechSci Research report, “Global
Biochar Market By Technology, By Application, By Region, Competition,
Forecast & Opportunities, 2024’’, global biochar market is projected to grow at a
CAGR of around 15% during 2019-2024, on the back of biochar’s ability to
enhance plant growth and soil fertility. Growing awareness about the advantages
of biochar as a soil amendment is expected to further fuel the global biochar market
in coming years.
Browse xx market data Figures
and Table spread through 110
Pages and an in-depth TOC on " Global Biochar Market"
https://www.techsciresearch.com/report/global-biochar-market/3721.html
Some
of the major manufacturers of biochar are Cool Planet Energy Systems Inc., Biochar
Now LLC, Biomacon GmbH, Vega biofuels, Pacific Pyrolysis, ElementC6, Terra
Char, Next Char, Chargrow usa,Carbon Gold Ltd,Agritech Producers LLC, Diacarbon
Energy Inc, American Biochar Company, etc. Key players including Diacarbon
Energy Inc., Agri-Tech Producers, LLC and Vega Biofuels Inc. have invested in
the gasification technology and are expected to expand their production
facilities during the forecast period. Moreover, number of pyrolysis equipment
manufacturing companies like Clean Fuels B.V. and Earth Systems is also
increasing in the market.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3721
Customers
can also request for 10% free customization on this report.
Farming
is the main application segment of biochar and is expected to register the
fastest growth in global biochar market during forecast period. Biochar is
mainly used in agriculture to enhance soil fertility and improve growth of
plants by providing crop nutrition. Thus, biochar helps improve the overall agricultural
productivity. Additionally, biochar has gained substantial popularity in
livestock farming as an animal feed. The livestock sector is tremendously
crucial for biochar, particularly in the regions such as Europe and North
America, where meat is important for human consumption.
“Backed
by rising popularity of organic farming and increasing application of biochar in
animal feed, biochar market is expected to witness significant growth in the Asia-Pacific
region over the course of next five years. Emerging economies in the region, such
as China and India are anticipated to be indispensable on account of being
large agriculture markets. Numerous R&D activities conducted in the region are
expected to contribute to the growth in interest for biochar in the farming
community, thereby leading to improved demand.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm
“Global Biochar Market By Technology, By
Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global
biochar market and provides statistics and information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyses the emerging trends along with
essential drivers, challenges and opportunities in global biochar market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]