Granular Biochar Market Size, Share & Industry Trends by 2028

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Granular Biochar Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Wood Source Biochar, Corn and Wheat Source Biochar, and Others) and Application (Soil Conditioner, Fertilizer, and Others)

Publication Month: Aug 2022 | Report Code: TIPRE00029573 | No. of Pages: 164 | Category: Chemicals and Materials | Status: Published

The granular biochar market is expected to grow from US$ 68,789.87 thousand in 2022 to US$ 134,541.08 thousand by 2028; it is estimated to grow at a CAGR of 11.8% from 2022 to 2028.

A fine-grained substance created from organic wastes is known as biochar. It is made from charcoal by carefully heating waste products such as animal dung, wood waste, agricultural waste, and trash from forests. This char is commonly used as a soil supplement to lessen toxins and pollutants, as well as to stop soil leaching, fertilizer runoff, and moisture loss.

In 2021, Asia Pacific dominated the global granular biochar market. Also, it is expected to be the fastest-growing region during the forecast period. Growing need to increase crop quality and yield, rising consciousness about environmental safety, increasing organic farming, growing demand for organic food, and increasing awareness about a wide range of benefits of granular biochar in crop production are the key factors driving the market. Asia Pacific. Moreover, the growing population in the Asia Pacific region is anticipated to propel the market growth. In countries such as Vietnam, much of the soil on farmed land is prone to degeneration, which results in poor agricultural growth. In Vietnam, the Biochar for Sustainable Soil (B4SS) initiative is working on projects to promote the market. Australia is a leader in the field of granular biochar. Granular biochar is produced in the nation by several small and medium-sized manufacturers. As a result, the market has huge potential in Asia Pacific.

Strategic Insights

Report Coverage - Granular Biochar Market
Report CoverageDetails
Market Size Value inUS$ 68,789.87 Thousand in 2022
Market Size Value byUS$ 134,541.08 Thousand by 2028
Growth rateCAGR of 11.8% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
No. of Pages164
No. of Tables88
No. of Charts & Figures97
Historical data availableYes
Segments coveredProduct Type, and Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Granular Biochar Market Forecast, by Region, during 2021–2028

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Market Insights

Increasing Demand for Organic Farming

Organic farming is a widely adopted farming technique to produce food without the use of artificial pesticides and with the least possible impact on ecosystems. Building soil fertility over time is an objective of organic farming practices. This includes using efficient crop and nutrient management techniques such as beginning biochar soil additions. Biochar is a soil amendment that increases soil fertility. Organic farming requires less agrochemicals, which minimizes the usage of nonrenewable energy. Additionally, it helps reduce the greenhouse effect and global warming by storing carbon in the soil. Also, people are becoming more educated about the advantages of eating organic food and the negative consequences of chemicals used in food production. Due to all these reasons, there is a greater emphasis on organic farming.

Product Insights

Based on product type, the global granular biochar market is segmented into wood source biochar, corn and wheat source biochar, and others. In 2021, the corn and wheat source biochar segment dominated the market.

Granular Biochar Market Share, by Product Type, 2021–2028

Granular Biochar Market Share, by Product Type, 2021–2028

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CharGrow USA LLC, Green Man Char, Oregon Biochar Solutions, Pyreg GmbH, Carbonis GmbH & Co. Kg., Airex Energie Inc., BioChar6, American Biochar Company, Arsta Eco Pvt. Ltd., and Advanced Renewable Technology International are among the key players operating in the market. These companies provide a wide range of product portfolios for the market. These companies have a widespread global presence, which provides a lucrative opportunity for the market to serve a large set of customers and increase the market share. These market players are highly focused on developing products with an advanced technology platform to serve their customers in a better way.

Report Spotlights

  • Progressive trends in the granular biochar market to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global granular biochar market from 2020 to 2028
  • Estimation of the demand for granular biochar across various industries
  • Porters' analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and the demand for the granular biochar    
  • Market trends and outlook, coupled with factors driving and restraining the growth of the granular biochar market
  • Understanding the strategies that underpin commercial interest with regard to the global granular biochar market growth, aiding in the decision-making process
  • Granular biochar market size at various nodes of market
  • Detailed overview and segmentation of the global granular biochar market, as well as its industry dynamics
  • Granular biochar market size in various regions with promising growth opportunities

The "Global Granular Biochar Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the global market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The granular biochar industry is segmented based on product type, application, and geography. Based on product type, the market is segmented into wood source biochar, corn and wheat source biochar, and others. Based on application, the granular biochar market is segmented into soil conditioner, fertilizer, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Asia Pacific is expected to be the fastest-growing region.

Company Profiles

  • CharGrow USA LLC
  • Green Man Char
  • Oregon Biochar Solutions
  • Pyreg GmbH
  • Carbonis GmbH & Co. Kg.
  • Airex Energie Inc.
  • BioChar6
  • American Biochar Company
  • Arsta Eco Pvt. Ltd.
  • Advanced Renewable Technology International

Frequently Asked Questions

The major players operating in the global granular biochar market are CharGrow USA LLC, Green Man Char, Oregon Biochar Solutions, Pyreg GmbH, Carbonis GmbH & Co. Kg., Airex Energie Inc., BioChar6, American Biochar Company, Arsta Eco Pvt. Ltd., and Advanced Renewable Technology International.
In 2021, Asia Pacific accounted for the largest share of the global granular biochar market. Many Asia-Pacific countries, such as Australia, China and India, are among the world's fastest-growing populations. The agricultural industry is anticipated to expand at a faster pace as a result of increasing population, rising urbanization, and rising concerns of healthy food products. The favourable government policies for developing organic products in countries such as China, Japan, and India is also one of the key factors driving the growth of granular biochar market over the coming years.
In 2021, the corn and wheat source biochar segment accounted for the largest market share. Granular biochar serves to enhance soil structure, increase water retention and aggregation, decrease acidity, improve porosity, control nitrogen leaching, and improve microbial characteristics in order to improve soil quality. Composting has also been proven to benefit from granular biochar. Both the loss of nutrients in the compost material and greenhouse gas emissions are prevented. Additionally, it aids in lowering the ammonia losses, bulk density, and smell of the compost.
On the basis of application, soil conditioner is the fastest growing segment. Granular biochar may be able to hold onto soil nutrients like phosphorus, nitrate, and ammonium. This effect is most noticeable in light-textured soils. Granular biochar aids in boosting crop productivity and soil fertility. Additionally, soil deterioration is a big issue for agriculture worldwide. To improve the condition of degraded soils and address this growing issue, biochar is applied to them.
On the basis of product type, wood source biochar is the fastest growing segment. It is growing at a CAGR of 12.2% during the forecast period 2022-2028. Due to the material's advantageous qualities, interest in using granular biochar in agriculture has grown recently. Adding biochar in the form of granules to temperate soil can enhance a number of soil health indices.
Granular Biochar is being increasingly used in the agricultural sector. The increasing demand for organic products and organic farming is driving the market forward. Biochar is a soil amendment that increases soil fertility. Organic farming requires less agrochemicals, which minimizes the usage of non-renewable energy. Additionally, it helps to reduce the greenhouse effect and global warming by storing carbon in the soil. Also, people are becoming more educated about the advantages of eating organic food and the negative consequences of chemicals used in food production.

The List of Companies - Granular Biochar Market

  1. CharGrow USA LLC
  2. Green Man Char
  3. Oregon Biochar Solutions
  4. Pyreg GmbH
  5. Carbonis GmbH & Co. Kg.
  6. Airex Energie Inc.
  7. BioChar6
  8. American Biochar Company
  9. Arsta Eco Pvt. Ltd.
  10. Advanced Renewable Technology International
  • Progressive trends in the granular biochar industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global granular biochar market from 2020 to 2028
  • Estimation of the demand for granular biochar across various industries
  • Porters' analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and the demand for the granular biochar   
  • Market trends and outlook coupled with factors driving and restraining the growth of the granular biochar market
  • Understanding regarding the strategies that underpin commercial interest with regard to the global granular biochar market growth, aiding in the decision-making process
  • Granular Biochar market size at various nodes of market
  • Detailed overview and segmentation of the global granular biochar market as well as its industry dynamics
  • Granular Biochar market size in various regions with promising growth opportunities
TIPRE00029573
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