Biochar Market Is Anticipated Growth Cagr of 9.5% from 2016 to 2020 Research Report by Hexa Reports

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Biochar Market Share, Size, Trends and Growth, By
Product Analysis, Application and Segment Forecasts
To 2022

Global biochar market is expected to reach USD 5.88 billion by 2022, according to a new report by Grand
View Research, Inc. Rising consumption of the product in agricultural operations owing to its soil
amending abilities will stimulate industry expansion over the forecast period. Increasing agricultural
productivity and crop yield is expected to augment market growth over the next seven years.
Global demand for pyrolysis in biochar production was 629.6 kilo tons in 2014. Pyrolysis technology is
the most commonly used technology as it allows manufacturers to produce large quantities with high
levels of carbon content.
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Further key findings from the report suggest:
Global biochar market demand was 1,000.0 kilo tons in 2014 and is expected to reach 2,010.9 tons by
2022, growing at a CAGR of 9.5% from 2015 to 2022.
Rising awareness regarding benefits of the product including soil carbon enhancement & sequestration,
improved crop nutrient bioavailability, reduction in nutrient leaching, increased water holding capacity,
and improvement in aeration, porosity, and structure will drive industry expansion.
Organic farming is expected to gain share on account of growing consumer demand in Europe and North
America in light of its health benefits, which is expected to propel biochar requirements. The U.S. is
expected to augment expansion owing to rising adoption of biochar in organic food as it increases crop
production. Growing organic food production trade is major factor which is expected to drive industry

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demand over the next seven years. According to the USDA, the ratio of import to export of organic