The global biochar market size is expected to reach USD 1,680.77 million by 2032, according to a new study by Polaris Market Research. The report "Biochar Market Share, Size, Trends, Industry Analysis Report - By Type (Wood Biochar, Bamboo Biochar, Manure Biochar, and Additional Feedstocks), Application, Production Technique, and Region; Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The biochar market growth is fueled by supportive government policies for environmental protection, rising concerns about climate change, and growing demand for organic food. Biochar's ability to improve soil fertility has made it valuable in agriculture, driving its market expansion. Additionally, its effectiveness in reducing pollutants and toxic elements boosts its demand. However, the biochar market faces challenges such as soil erosion risks and a lack of awareness about sustainable manufacturing processes. In August 2024, Applied Carbon, a technology company focused on automated biochar production machines, secured USD 21.5 million in a Series A funding round.
Research has shown that adding biochar to soil increases soil organic carbon by 12-102% compared to soil without biochar, indicating its effectiveness in storing more carbon. Additionally, studies have demonstrated that biochar reduces nitrate-nitrogen leaching and enhances ammonium-nitrogen retention in the soil, suggesting that biochar can influence nitrogen dynamics within the soil
Furthermore, the growing issues of microplastic contamination in agricultural soils and its harmful effects on crop growth and soil quality, with a strong focus on peanut cultivation. Biochar shows a promising solution to mitigating the toxic impact of microplastics. When applied to contaminated soil, biochar improves peanut root development by regulating respective genes involved in the stress response, nitrogen transport, and energy metabolism.
Biochar shows potential as a carbon sequestering additive in the cement mortar, enhancing construction materials while reducing the carbon footprint of cement-based products. This strengthens structures and promotes sustainability. By incorporating biochar, buildings can act as carbon sinks, preventing around 1 tonne of CO2 from re-entering the atmosphere for each tonne of biochar used in their construction.
Biochar Market Report Highlights
In terms of type, the wood biochar segment dominated the market in 2023 owing to its easy availability and nutrient retention properties.
By application, the soil amendment segment held the largest share in 2023 as it increases soil fertility and enhances crop yield.
Asia Pacific is expected to register a substantial growth rate during the forecast period due to the rising use of biochar in farming practices.
FARM2ENERGY Private Limited; Pacific Biochar Benefit Corporation; Karr Group Co. (KGC); Proactive Agriculture; Airex Energy Inc.; Coaltec Energy; Biochar Now, LLC; Genesis Industries; Phoenix Energy; American BioChar Company; ETIA SAS; ECOERA; Arsta Eco Pvt Ltd.; Biochar Supreme; Carbofex Ltd. are among the global market players.
Polaris Market Research has segmented the biochar market report on the basis of type, application, production technique, and region.
By Type Outlook (Revenue - USD Million, 2019-2032)
Wood Biochar
Bamboo Biochar
Manure Biochar
Additional Feedstocks
By Application Outlook (Revenue - USD Million, 2019-2032)
Soil Amendment
Water Filtration
Waste Management and Landfill Diversion
Enhancement of Compost
Bioenergy Production
Livestock Management
By Production Technique Outlook (Revenue - USD Million, 2019-2032)
Pyrolysis
Hydrothermal Carbonization (HTC)
Gasification
By Regional Outlook (Revenue - USD Million, 2019-2032)
North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Biochar Market Insights
4.1. Biochar Market - Market Snapshot
4.2. Biochar Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rising Need for Sustainable Agriculture Practices
4.2.1.2. Government Regulations to Curb Carbon Emissions
4.2.2. Restraints and Challenges
4.2.2.1. The Pyrolysis Process Used to Produce Biochar Involves Significant Capital Investment
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Biochar Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Biochar Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Biochar Market, by Type, 2019-2032 (USD Million)
5.3. Wood Biochar
5.3.1. Global Biochar Market, by Wood Biochar, by Region, 2019-2032 (USD Million)
5.4. Bamboo Biochar
5.4.1. Global Biochar Market, by Bamboo Biochar, by Region, 2019-2032 (USD Million)
5.5. Manure Biochar
5.5.1. Global Biochar Market, by Manure Biochar, by Region, 2019-2032 (USD Million)
5.6. Additional Feedstocks
5.6.1. Global Biochar Market, by Additional Feedstocks, by Region, 2019-2032 (USD Million)
6. Global Biochar Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Biochar Market, by Application, 2019-2032 (USD Million)
6.3. Soil Amendment
6.3.1. Global Biochar Market, by Soil Amendment, by Region, 2019-2032 (USD Million)
6.4. Water Filtration
6.4.1. Global Biochar Market, by Water Filtration, by Region, 2019-2032 (USD Million)
6.5. Waste Management and Landfill Diversion
6.5.1. Global Biochar Market, by Waste Management and Landfill Diversion, by Region, 2019-2032 (USD Million)
6.6. Enhancement of Compost
6.6.1. Global Biochar Market, by Enhancement of Compost, by Region, 2019-2032 (USD Million)
6.7. Bioenergy Production
6.7.1. Global Biochar Market, by Bioenergy Production, by Region, 2019-2032 (USD Million)
6.8. Livestock Management
6.8.1. Global Biochar Market, by Livestock Management, by Region, 2019-2032 (USD Million)
7. Global Biochar Market, by Production Technique
7.1. Key Findings
7.2. Introduction
7.2.1. Global Biochar Market, by Production Technique, 2019-2032 (USD Million)
7.3. Pyrolysis
7.3.1. Global Biochar Market, by Pyrolysis, by Region, 2019-2032 (USD Million)
7.4. Hydrothermal Carbonization (HTC)
7.4.1. Global Biochar Market, by Hydrothermal Carbonization (HTC), by Region, 2019-2032 (USD Million)
7.5. Gasification
7.5.1. Global Biochar Market, by Gasification, by Region, 2019-2032 (USD Million)
8. Global Biochar Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Biochar Market Assessment, By Geography, 2019-2032 (USD Million)
8.3. Biochar Market - North America
8.3.1. North America: Biochar Market, by Type, 2019-2032 (USD Million)
8.3.2. North America: Biochar Market, by Application, 2019-2032 (USD Million)
8.3.3. North America: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.3.4. Biochar Market - U.S.
8.3.4.1. U.S.: Biochar Market, by Type, 2019-2032 (USD Million)
8.3.4.2. U.S.: Biochar Market, by Application, 2019-2032 (USD Million)
8.3.4.3. U.S.: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.3.5. Biochar Market - Canada
8.3.5.1. Canada: Biochar Market, by Type, 2019-2032 (USD Million)
8.3.5.2. Canada: Biochar Market, by Application, 2019-2032 (USD Million)
8.3.5.3. Canada: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4. Biochar Market - Europe
8.4.1. Europe: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.2. Europe: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.3. Europe: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.4. Biochar Market - UK
8.4.4.1. UK: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.4.2. UK: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.4.3. UK: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.5. Biochar Market - France
8.4.5.1. France: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.5.2. France: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.5.3. France: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.6. Biochar Market - Germany
8.4.6.1. Germany: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.6.2. Germany: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.6.3. Germany: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.7. Biochar Market - Italy
8.4.7.1. Italy: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.7.2. Italy: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.7.3. Italy: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.8. Biochar Market - Spain
8.4.8.1. Spain: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.8.2. Spain: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.8.3. Spain: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.9. Biochar Market - Netherlands
8.4.9.1. Netherlands: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.9.2. Netherlands: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.9.3. Netherlands: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.10. Biochar Market - Russia
8.4.10.1. Russia: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.10.2. Russia: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.10.3. Russia: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.4.11. Biochar Market - Rest of Europe
8.4.11.1. Rest of Europe: Biochar Market, by Type, 2019-2032 (USD Million)
8.4.11.2. Rest of Europe: Biochar Market, by Application, 2019-2032 (USD Million)
8.4.11.3. Rest of Europe: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5. Biochar Market - Asia Pacific
8.5.1. Asia Pacific: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.2. Asia Pacific: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.3. Asia Pacific: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.4. Biochar Market - China
8.5.4.1. China: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.4.2. China: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.4.3. China: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.5. Biochar Market - India
8.5.5.1. India: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.5.2. India: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.5.3. India: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.6. Biochar Market - Malaysia
8.5.6.1. Malaysia: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.6.2. Malaysia: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.6.3. Malaysia: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.7. Biochar Market - Japan
8.5.7.1. Japan: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.7.2. Japan: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.7.3. Japan: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.8. Biochar Market - Indonesia
8.5.8.1. Indonesia: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.8.2. Indonesia: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.8.3. Indonesia: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.9. Biochar Market - South Korea
8.5.9.1. South Korea: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.9.2. South Korea: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.9.3. South Korea: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.10. Biochar Market - Australia
8.5.10.1. Australia: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.10.2. Australia: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.10.3. Australia: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.5.11. Biochar Market - Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Biochar Market, by Type, 2019-2032 (USD Million)
8.5.11.2. Rest of Asia Pacific: Biochar Market, by Application, 2019-2032 (USD Million)
8.5.11.3. Rest of Asia Pacific: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6. Biochar Market - Middle East & Africa
8.6.1. Middle East & Africa: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.2. Middle East & Africa: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.3. Middle East & Africa: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6.4. Biochar Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.4.2. Saudi Arabia: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.4.3. Saudi Arabia: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6.5. Biochar Market - UAE
8.6.5.1. UAE: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.5.2. UAE: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.5.3. UAE: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6.6. Biochar Market - Israel
8.6.6.1. Israel: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.6.2. Israel: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.6.3. Israel: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6.7. Biochar Market - South Africa
8.6.7.1. South Africa: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.7.2. South Africa: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.7.3. South Africa: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.6.8. Biochar Market - Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Biochar Market, by Type, 2019-2032 (USD Million)
8.6.8.2. Rest of Middle East & Africa: Biochar Market, by Application, 2019-2032 (USD Million)
8.6.8.3. Rest of Middle East & Africa: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.7. Biochar Market - Latin America
8.7.1. Latin America: Biochar Market, by Type, 2019-2032 (USD Million)
8.7.2. Latin America: Biochar Market, by Application, 2019-2032 (USD Million)
8.7.3. Latin America: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.7.4. Biochar Market - Mexico
8.7.4.1. Mexico: Biochar Market, by Type, 2019-2032 (USD Million)
8.7.4.2. Mexico: Biochar Market, by Application, 2019-2032 (USD Million)
8.7.4.3. Mexico: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.7.5. Biochar Market - Brazil
8.7.5.1. Brazil: Biochar Market, by Type, 2019-2032 (USD Million)
8.7.5.2. Brazil: Biochar Market, by Application, 2019-2032 (USD Million)
8.7.5.3. Brazil: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.7.6. Biochar Market - Argentina
8.7.6.1. Argentina: Biochar Market, by Type, 2019-2032 (USD Million)
8.7.6.2. Argentina: Biochar Market, by Application, 2019-2032 (USD Million)
8.7.6.3. Argentina: Biochar Market, by Production Technique, 2019-2032 (USD Million)
8.7.7. Biochar Market - Rest of Latin America
8.7.7.1. Rest of Latin America: Biochar Market, by Type, 2019-2032 (USD Million)
8.7.7.2. Rest of Latin America: Biochar Market, by Application, 2019-2032 (USD Million)
8.7.7.3. Rest of Latin America: Biochar Market, by Production Technique, 2019-2032 (USD Million)