U.S. Biochar Market
REPORT DESCRIPTION
Transparency Market Research has released a new market research report: According to the report, the U.S. Biochar
Market was valued at USD 1.45 million in 2013 and is projected to reach USD 4.94 million by 2020, growing at a CAGR of
19.0% from 2014 to 2020. In terms of volume, the U.S. Biochar Market stood at 2,187.58 tons in 2013 and is anticipated
to reach 10,000 tons by 2020, growing at a CAGR of 24.3% from 2014 to 2020.
Browse the full Biochar Market report at
http://www.transparencymarketresearch.com/us-biochar-market.html
Biochar is essentially a charcoal, which is used for soil amendment purposes. However, unlike charcoal, biochar is
prepared under the controlled process of carbonization and pyrolysis. Biochar is manufactured as a by-product of biomass
pyrolysis and is capable of improving soil fertility while providing natural carbon sequestration. It acts as a soil enhancer
by retaining the carbon present in the soil. Generally, the cost of biochar is too high for customers, and is therefore sold in
the form of low-cost biochar fertilizer complexes or in small-sized bags (usually biochar mixes/engineered biochar).
Biochar mixes are usually targeted at applications such as gardening and household applications. Consumers purchase
pure or mixed biochar bags, which are designed to meet the requirement of small-scale users. Major uses of biochar
include as a soil enhancer in gardening application, household application, and agriculture farms.
The U.S. biochar industry is in the development phase, with limited awareness among consumers. Increase in the
awareness about the benefits of biochar, coupled with decrease in production cost for the same, is expected to drive the
U.S. biochar market in the near future. Release of carbon dioxide into the atmosphere through the increasing use of fossil
fuels has resulted in global warming. Fossil fuel is a carbon positive fuel that increases the amount of carbon in the
atmosphere. Moreover, carbon is continually released into the atmosphere as a result of plants and animals decomposing.
The ability of biochar to act as a carbon sink and its capability to sequester carbon is likely to drive growth in the U.S.
biochar market in the future. However, most of the biochar applications (waste water treatment, energy production) are
still unexplored, and thus raising the finance to carry out biochar projects is one of the major restraints to the biochar
market in the U.S. The success of the U.S. biochar market largely depends on research activities directed towards
establishing biochar as a prime product with proven benefits.
Manufacturers provide biochar in pure form and engineered biochar/biochar mixes that are designed to meet the
requirement of small-scale users such as gardeners. The second set of manufacturers includes farmers and gardeners
who produce biochar for their own use. There are very few technology providers in the U.S. biochar market. Most
companies focus on producing biochar – particularly those with slow pyrolysis systems. In the last few years, the U.S.
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