Biochar Market Size Worth $ 1,680.77 Million by 2032 | CAGR: 13.4%

The global biochar market size is expected to reach USD 1,680.77 million by 2032, according to a new study by Polaris Market Research. The report “Biochar Market Share, Size, Trends, Industry Analysis Report – By Type (Wood Biochar, Bamboo Biochar, Manure Biochar, and Additional Feedstocks), Application, Production Technique, and Region; Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The biochar market growth is fueled by supportive government policies for environmental protection, rising concerns about climate change, and growing demand for organic food. Biochar's ability to improve soil fertility has made it valuable in agriculture, driving its market expansion. Additionally, its effectiveness in reducing pollutants and toxic elements boosts its demand. However, the biochar market faces challenges such as soil erosion risks and a lack of awareness about sustainable manufacturing processes. In August 2024, Applied Carbon, a technology company focused on automated biochar production machines, secured USD 21.5 million in a Series A funding round.

Research has shown that adding biochar to soil increases soil organic carbon by 12–102% compared to soil without biochar, indicating its effectiveness in storing more carbon. Additionally, studies have demonstrated that biochar reduces nitrate-nitrogen leaching and enhances ammonium-nitrogen retention in the soil, suggesting that biochar can influence nitrogen dynamics within the soil

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Furthermore, the growing issues of microplastic contamination in agricultural soils and its harmful effects on crop growth and soil quality, with a strong focus on peanut cultivation. Biochar shows a promising solution to mitigating the toxic impact of microplastics. When applied to contaminated soil, biochar improves peanut root development by regulating respective genes involved in the stress response, nitrogen transport, and energy metabolism.

Biochar shows potential as a carbon sequestering additive in the cement mortar, enhancing construction materials while reducing the carbon footprint of cement-based products. This strengthens structures and promotes sustainability. By incorporating biochar, buildings can act as carbon sinks, preventing around 1 tonne of CO₂ from re-entering the atmosphere for each tonne of biochar used in their construction.

Biochar Market Report Highlights

• In terms of type, the wood biochar segment dominated the market in 2023 owing to its easy availability and nutrient retention properties.
• By application, the soil amendment segment held the largest share in 2023 as it increases soil fertility and enhances crop yield.
• Asia Pacific is expected to register a substantial growth rate during the forecast period due to the rising use of biochar in farming practices.
• FARM2ENERGY Private Limited; Pacific Biochar Benefit Corporation; Karr Group Co. (KGC); Proactive Agriculture; Airex Energy Inc.; Coaltec Energy; Biochar Now, LLC; Genesis Industries; Phoenix Energy; American BioChar Company; ETIA SAS; ECOERA; Arsta Eco Pvt Ltd.; Biochar Supreme; Carbofex Ltd. are among the global market players.

Polaris Market Research has segmented the biochar market report on the basis of type, application, production technique, and region.

By Type Outlook (Revenue – USD Million, 2019–2032)

• Wood Biochar
• Bamboo Biochar
• Manure Biochar
• Additional Feedstocks

By Application Outlook (Revenue – USD Million, 2019–2032)

• Soil Amendment
• Water Filtration
• Waste Management and Landfill Diversion
• Enhancement of Compost
• Bioenergy Production
• Livestock Management

By Production Technique Outlook (Revenue – USD Million, 2019–2032)

• Pyrolysis
• Hydrothermal Carbonization (HTC)
• Gasification

By Regional Outlook (Revenue – USD Million, 2019–2032)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Biochar Report Scope