opportunities for producers, thus stimulating the market growth. Pyrolysis technology is expected to witness
rapid growth on account of high yield coupled with stability and high carbon content. Pyrolysis technology is
expected to be the most efficient and effective ways of producing the superior quality product. Gasification
technology is expected to decline its demand over the upcoming years in light of not producing stable biochar
which will be usable in agriculture for soil enhancement and soil amendment purposes. Applications of
gasification technology include large biomass reactors for power and energy generation. Other technologies
include hydrothermal carbonized, acid hydrolysis and cooking stove.
In 2014, agriculture was the largest application segment which accounted for more than 85% of the market
share. Livestock farming which includes poultry farming, meat production and cattle farming add to a large
extent to the overall consumption in agriculture. Other applications include waste treatment and water
treatment services. Developing economies include India and China have experienced an increase in demand for
water treatment facilities on account of rising need for growing hygiene awareness and improved water
infrastructure.
North America was observed to be dominating the industry in 2015 with 162.8-kilo tons and is anticipated to
show noteworthy growth in light of increasing trend for organic food and high consumption of meat followed
by Europe with over 24% of the market volume. Europe and North America have experienced a noteworthy rise
in the number of medium and small scale producers which is anticipated to play a key role in expanding the
industry. Australia is estimated to experience a steady growth over the next eight years on account of increasing
number of companies and increasing awareness about the product’s advantages and benefits.
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Growing consumption of biochar in livestock farming in light of its capability to offer essential nutrients and
maintain the health of livestock is expected to stimulate industry expansion in the region. Stringent government
norms also account to support organic farming is expected to open new opportunities over the next eight years.
The key market players operating in the industry include LLC, Biochar Supreme.
Timber companies including West Fraser, Georgia-Pacific, and Weyerhaeuser supply wood pellets and wood
residue to numerous biochar manufacturers. The industry, particularly in North America, has numerous small
industrialists such as Cool Planet Energy Systems Inc., which are involved in the entire value chain from
production stage to the selling stage. Companies such as Cool Planet Energy Systems Inc., Pacific Pyrolysis, 3R
ENVIRO TECH Group and Phoenix Energy offer pyrolysis technology waste to energy solutions and produce the
product.