Global Biological Carbon market size is expected to reach 135524 tons by 2023

Author: QYResearch  |   Published Date: 2018-03-13   |   Views: 247

Globally, USA overall was the dominant producer and exporter of biochar, followed by Europe. Also, strong growth in emerging markets, especially in China is distinctive. The USA biochar market is worth over 65.76 Million USD, according to our survey. USA volumes grew at an average annual rate of 27.87% in the 2012 to 2017 period, and the production is mainly concentrated in developed areas. The industry is highly fragmented in terms of products, end uses and suppliers, but its markets can broadly be categorized as soil amendment, fertilizer and others. Generally, biochar producers are concentrated in USA. Leading players in biochar industry are The Biochar Company (TBC), Biochar Supreme, Interra Energy, Pacific Biochar, Cool Planet.

Biochar is a fragmented industry with a variety of manufacturers, among which most are small privately-owned companies. The top 5 producers account for just 38.34% of the market. Also, many companies are emerging companies that specialized in the production of biochar, and a large share of their products is sold by traders and online.

A key variable in the performance of biochar producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of biochar include wood, rice stove, corn stove and other biomass materials. Wood now is the major raw material of biochar, but its price would be higher than other derived product. The price of crop raw material fluctuates with agricultural market in local market.

The largest consumption area of biochar is soil conditioner, which accounted for 82.94% of USA biochar consumption in 2017. Also, large quantities of biochar are used directly as fertilizer blend. In 2017, about 2591 MT of biochar was used as additive of fertilizer. Biochar can be used as energy source, including bio-oil.

The Biochar market size was 30052.10 MT in 2017 and it will be 135524.38 MT in 2023, with a Growth Rate of 24.01% from 2017 to 2023.

The《United States Granular Biochar Market Report 2017》report released by QYResearch provides a basic overview of the Biochar industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in USA, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Biochar industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:http://www.qyresearchglobal.com/goods-963738.html
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