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Global Biochar Market Outlook,Trend and Forecast 2015-2024

Press Release   •   Jan 11, 2018 17:14 IST

Major factors driving the global biochar market are natural carbon sequestration property of biochar, waste management potential, improved government initiatives, and stringent environment rules. However, high cost of biochar may hamper the market growth. Furthermore, rising biofuel sector would unfold with numerous growth opportunities in the forecast year.

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Major segments of the global biochar market are feedstock, technology, application, and geography. The feedstock segment comprises forestry waste, agriculture waste, biomass plantation, and animal manure. Moreover, by technology, the market is categorized as continuous pyrolysis kiln, microwave pyrolysis, gasifier and cookstove, batch pyrolysis kiln, and other technologies. Application segment comprises gardening, household, and agriculture.

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Geographically, the global biochar market is categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The major players competing in the market are Pacific Pyrolysis Pty Ltd, Vega Biofuels, Inc., Pacific Biochar, Cool Planet Energy Systems, Genesis Industries LLC, CharGrow, LLC, Diacarbon Energy Inc., Earth Systems Bioenergy, Biochar Supreme LLC, and Phoenix Energy, among others.

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