What Are The Benefits Of Biochar? Does It Improve The Soil Quality?
Biochar is one of the type of charcoal that is used as a soil amendment for both soil health benefits and carbon sequestration. Biochar is a stable solid and is rich in carbon; also, it can endure in soil up to thousands of years. Like most of the charcoal, biochar is also made from biomass through pyrolysis. Various research is going on biochar as a viable approach for carbon sequestration since it has the capabilities to help mitigate climate change and global warming. Biochar can increase soil fertility of acidic soils (low pH soils), increase agricultural productivity, and provide protection against some foliar and soil-borne diseases. By nature, biochar is hygroscopic. Hence, it is a desirable soil material in many locations due to its ability to attract and retain water. When biochar is used for energy production instead of a soil amendment, it can be directly substituted for other application that uses coal. Pyrolysis can also be the most cost-effective way of electricity generation from biomaterial.
The biochar market has witnessed a significant growth owing to factors such as a wider application of biochar in electricity generation, agriculture & farming, forestry, and others. Increasing demand for various products in organic farming is one of the major factors influencing the growth of the biochar market. In addition to that, the growing use of biochar in the water treatment process is further anticipated to be another important growth factor supported by rising demand for water treatment facilities, particularly in emerging economies. However, factors such as high cost of the end product and lack of incentives & tax rebates may hamper the market growth for biochar in the near future. Nevertheless, with the steady growth in the agrochemical and agriculture industry, the market players have the opportunity to invest in the biochar market.
The "Global Biochar Market Analysis to 2027" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biochar market with detailed market segmentation by type, technology, application, and geography. The global biochar market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biochar market players and offers key trends and opportunities in the market.
Leading
players are Agri-Tech Producers, LLC, Biochar Products, Inc.,
Biochar Supreme LLC, Cool Planet Energy Systems Inc., Diacarbon Energy Inc.,
Earth Systems PTY. LTD., Pacific Pyrolysis, Phoenix Energy, The Biochar
Company, Vega Biofuels, Inc.
The global biochar market is segmented on the basis of type,
technology, and application.
On
The Basis Of Type
Woody Biomass
Agricultural Waste
Animal Manure
Based
On Technology
Pyrolysis
Hydrothermal Carbonization
Gasification
On
The Basis Of The Application
Electricity Generation
Agriculture & Farming
Forestry
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