New York, NY -- (SBWIRE) -- 03/12/2021 -- The global biochar market is expected to reach USD 3.67 Billion by 2027, according to a new report by Reports and Data. It finds usage as a feed additive and is considered beneficial for the improvement of feed efficiency, animal health, and environment for livestock housing. Livestock rearing is providing better growth prospects for the use of biochar. Animals ranging from earthworms to chickens and cattle, among others, show great interest in food when biochar is added to it. In the European Union, around 90.0% of the biochar is used to feed livestock, and remaining is used in applications, including spreading on agricultural land with manure. A direct application of the product in poultry rearing is the reduction and elimination of odors produced from poultry litter, especially ammonia. The strong positive electric charge of ammonia makes it corrosive and harmful to breathe. This chocking gas is released by bird droppings, making the air toxic and unhealthy to living beings.

Growing demand for high crop yield is one of the significant factors influencing the market growth. The product allows farmers to increase their crop yield by boosting the productivity of the agricultural land, as well as can make an otherwise less productive land produce substantial yields. Biochar soil amendment improves crop productivity mainly by increasing nutrient use efficiency and water holding capacity.

However, the high cost associated with the production of biochar and low awareness about the beneficial properties may create hindrances in the growth of the market in the upcoming years.

To Get a PDF Sample Copy of the Report, visit @ https://www.reportsanddata.com/sample-enquiry-form/3226

Key participants include Diacarbon Energy Inc., Cool Planet Energy Systems Inc., Agri-Tech Producers LLC, Biochar Products Inc., Vega Biofuels Inc., Phoenix Energy, Pacific Pyrolysis, The Biochar Company, Clean Biofuels BV, and Biochar Supreme LLC, among others.

For the purpose of this report, Reports and Data have segmented the global biochar market on the basis of technology, distribution channel, application, and region:

Technology Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

Pyrolysis
Gasification
Others

Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

Online
Offline

Application Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

Livestock
Farming
Others

Regional Analysis of the Biochar Market:

The global Biochar market is categorized into several leading geographical regions, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report emphasizes the demands and trends for the market, more essentially, in the global market that is spread across the major regions of the world. Under this section of the report, the global Biochar market presence across the major regions in terms of the global market share, market size, revenue contribution, sales network, and distribution channels has been analyzed.

Gain Access to the Complete Report @ https://www.reportsanddata.com/report-detail/biochar-market

Further key findings from the report suggest

By technology, pyrolysis contributed to the largest market share of around 75.0% in 2019. It is the most commonly used method for the production of biochar. In this method, the product is produced by the decomposing biomass thermo-chemically in the absence of oxygen at a temperature in the range of 350-700 °C. The process discharges volatile end-products, whereas the carbon-rich solid and non-volatiles end-products are collected as biochar.

By distribution channel, offline held a larger market share in 2019. The biochar industry is very offline-intensive and witnesses transparency. The offline channel necessitates the requirement of substantial investment of time by the buyer and high selling costs, along with considerable knowledge of the market on the seller side.

By application, farming contributed to the largest market share in 2019. The application of biochar for crop production is a feasible alternative that can improve the carbon sequestration rates in the soil, improve soil quality, and reduce farm waste. The product is considered to be beneficial in increasing conventional agricultural productivity and alleviate greenhouse gas emissions from agricultural soils.

The market in the North American region dominated the market in 2019 and is likely to grow at a rate of 11.6% in the forecast period. The market dominance of the region is owing to a high consumption of meat and a growing inclination for organic food. Besides, high awareness about the benefits of the product in the region is driving the market growth.

Highlights of the TOC:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Biochar Segmentation & Impact Analysis
4.1. Biochar Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Escalating demand for biochar as livestock feed
4.2.2.2. Surging demand in greenhouse remediation
4.2.2.3. Increasing population
4.2.3. Market restraints analysis
4.2.3.1. Requirement of high initial investment
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence

Continue…

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3226

Thank you for reading our report. To find more details on the report or to inquire about its customization, please let us know, and we will offer you the report as per your needs.

Browse More Related Reports:

Phosphate Rock Market Size, Trends & Analysis, By Deposits, By Distribution Channel, By Application, And Region, Segment Forecasts To 2027

Controlled-Release Fertilizers Market Size, Growth & Analysis, By Type, Distribution Channel, By Application, By End-Use, And Region, Segment Forecasts To 2027

Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com