Global Biochar Market Rising at $585.0 Mn in 2020
Deerfield Beach, FL -- (SBWIRE) -- 07/18/2017 -- Zion Market Research has published a new report titled "Biochar (Pyrolysis, Gasification, Hydrothermal and Others Technology) Market for Agriculture, Water & Waste Water Treatment and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020" According to the report, the global biochar market was valued at approximately USD 260.0 million in 2014 and is expected to reach approximately USD 585.0 million by 2020, growing at a CAGR of around 14.5% between 2015 and 2020. In terms of volume, global biochar market stood at 100-kilo tons in 2014.
Biochar is a fine-grained carbon rich product obtained by a heating organic material such as wood, manure or leaves under conditions of no oxygen. Biochar can enhance soils, sequester carbon as well as provide useable energy. Biochar also has tendency to filter and retain nutrients from percolating soil water. Pyrolysis, hydrothermal conversion, and gasification are simple and efficient technologies for transforming different biomass feedstocks into renewable energy products. Furthermore, biochar has the ability to produce usable energy during its production while concurrently creating a carbon product, which provides sequester or store carbon and improves agriculture and other processes.
Request For Free Sample Report: https://goo.gl/QK8ZNn
Based on technology, biochar market can be segmented as pyrolysis, gasification, hydrothermal and others. The pyrolysis technology is largest segment accounted for significant share and expected to witness the fastest growth at a CAGR of over 10.0% in terms of revenue from 2015 to 2020. Gasification technology does not create stable biochar which can be used in agriculture for soil amendment. This technology segment expected to decline its market share in the years to come.
Request For Free Price Quotation: http://www.marketresearchstore.com/requestquote?reportid=43492
On the basis of application, the biochar market has been segmented into agriculture, water & waste water treatment and others. Agriculture was a major application segment of biochar market and accounted over 80% share of the global demand in 2014 and is expected to continue its dominance in the global market over the forecast period. Water & waste water treatment is another major application segment and expected to exhibit significant growth on account of growing hygiene awareness and effective water infrastructure.
Know more before buying this report: https://goo.gl/jY4p39
With over 50% shares in total volume consumption, North America was the largest market. North America followed by Europe and Asia Pacific region. Europe was the second largest market for biochar and accounted for around 25% shares in total volume consumption in 2014. Asia Pacific is the third largest market accounted for the significant share of the total market in 2014. Latin America and Meddle East & Africa are also expected to grow at a moderate pace.
Browse the full report at: http://www.marketresearchstore.com/report/biochar-market-z43492
Some of the key industry players including Diacarbon Energy Inc, Vega Biofuels, Inc, Agri-Tech Producers. LLC, Hawaii Biochar Products. LLC, Biochar Products, Inc., Cool Planet Energy Systems Inc, Blackcarbon A/S, Green Charcoal International, Earth Systems Pty Ltd, and Genesis.
About Zion Market Research
Zion Market Research is an obligate company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)