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 .
Browse Full Research Report @ https :// www . millioninsights . com / industry-reports / biochar-market
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 .
Market Segment :
Biochar Technology Outlook ( Volume , Kilotons ; Revenue , USD Million , 2012 - 2025 )
• Pyrolysis
• Gasification
• Others