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Biochar Market

Biochar Market (Application: Gardening, Agriculture [Large Farms], and Household) - U.S. Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

U.S. Biochar Market Outlook 2031

  • The U.S. biochar market was valued at US$ 1.4 Mn in 2020
  • It is estimated to expand at a CAGR of 19% from 2022 to 2031
  • The U.S. biochar market is expected to reach the value of US$ 9.49 Mn by the end of 2031

Analysts’ Viewpoint on U.S. Biochar Market

The increasing application of biochar in carbon sequestration and soil amendment is driving the biochar market in U.S. In addition, it can be used in waste water treatment, energy production, and as fuel. Manufacturers operating in the U.S. biochar market are making efforts to increase awareness about the product. Dearth of knowledge about sustainable biochar practices and various other applications of biochar in consumers is a major factor affecting the market growth. Requirement of huge cost for biochar project is another factor hampering the growth of the biochar market in the U.S. However, rise in the number of market players in the U.S. biochar market, along with increase in research activities associated with biochar is expected to accelerate market expansion during the forecast period.

Increase in Application of Biochar to Improve Soil Fertility

Biochar is made from thermal decomposition of biomass, without using oxygen. It is a porous and solid material produced from the carbonization of biomass. It is increasingly being used in various applications such as gardening, research, agriculture (large farms), and household. Key market players are focusing on increasing the production of biochar for using it in agricultural field to increase soil productivity. Biochar significantly improves the soil fertility by increasing crop yield. The consistent use of fertilizers in order to improve crop yield may increase the acidity in soil. This demands the use of carbon-based additives to neutralize the soil. This factor is considered to be a major growth driver for the U.S. biochar market.

Biochar offers various health benefits for soil, as it retains water as well as water-soluble nutrients. Agricultural specialists are using biochar for improving water quality by retaining agrochemicals and soil nutrients. Moreover, biochar is hygroscopic in nature. It can absorb and hold water from the surrounding environment.

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Market Players Focus on R&D Activities to Gain Growth Opportunities

The U.S. biochar market is expected to witness incremental growth opportunities due to the emergence of small- and medium-scale manufacturers of biochar. Furthermore, key contributors in the U.S. biochar market are focusing on research & development activities to explore fast and cost-effective methods of producing biochar. Rising support from governments to boost research activities by providing financial help is expected to drive the market growth in the upcoming years.

Manufacturers are offering biochar in pure form in order to meet the requirement of farmers and gardeners in U.S. Thus, rise in adoption of safe and environment-friendly biochar products is creating lucrative opportunities for manufacturers operating in the U.S. biochar market. The biochar manufacturers are more likely to produce economical products with the help of several research and studies by professionals.

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Ability of Biochar to Sequester Carbon into Ecosystem Benefitting Global Market

Biochar is gaining attention in U.S. as it reduces emission through carbon sequestration. In addition, increasing awareness about environmental pollution and carbon emission due to rise in usage of fossil fuels is expected to create value-grab opportunities for biochar manufacturers in U.S. Biochar acts as a carbon sink and its capability to sequester carbon is expected to boost soil fertility and improve agricultural productivity.

Furthermore, rising use of biochar in waste management is likely to drive its demand further, thus propelling the U.S. biochar market.

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Slow Pyrolysis Process Gains Popularity for Production of Biochar

Farmers and gardeners are focusing on generating potential revenue opportunities by producing biochar for their own use. They make use of low cost production methods to produce biochar such as stoves and burners. However, several market players use two popular methods - slow pyrolysis and fast pyrolysis - to produce biochar and various other products such as such as bio-oil, bio-chemicals, etc. Both of these techniques are simple and cost-efficient. There is an increasing implementation of the slow pyrolysis technique in the U.S. Further, the availability of favorable locations for producing biochar is an important factor in the development of the biochar industry. The location near to the vicinity of feedstock producing areas or demand centers reduces the production cost to a large extent.

U.S. Biochar Market: Overview

  • Biochar is a solid material that is obtained from the carbonization of biomass. It is added to soil to enhance soil quality and reduce emission through carbon sequestration. The use of biochar for carbon sequestration is believed to offset carbon emission from natural and industrial processes. Biochar also improves water quality by retaining agrochemicals and soil nutrients that could have mixed with water and caused water pollution. In addition to carbon sequestration and soil amendment, sustainable biochar practices can yield products that can be used as fuel.
  • Pyrolysis is a simple and low-cost technique used to produce a wide range of products such as biochar, bio-oil, and bio-chemicals. Biochar obtained as the output of the pyrolysis process can improve soil fertility. Biochar can be obtained either using the slow or fast pyrolysis technique. The biochar industry in the U.S. is in the development phase with several research institutes and companies developing biochar at low cost, which could prove economical for both buyers and sellers.
  • The U.S. market for biochar includes companies that are involved in small- and medium-scale biochar manufacturing. These companies provide biochar for gardening, research, agriculture (large farms), and household purposes.
  • According to Transparency Market Research’s latest research report on the biochar market for the forecast period 2022 to 2031, rise in usage of biochar in gardening, agriculture (large farms), and household applications is a key factor that is expected to boost the U.S. biochar market during the forecast period

Increase in Usage of Biochar in Gardening, Agriculture (Large Farms), and Household Applications: Key Driver of U.S. Biochar Market

  • Manufacturers provide biochar in a pure form and engineered biochar/biochar mixes designed to meet the requirement of small-scale users such as gardeners. The second set of manufacturers includes farmers and gardeners who produce biochar for their own use. These manufacturers use low cost practices to develop biochar such as stoves and burners.
  • Various market players are developing gasification, slow pyrolysis, and fast pyrolysis systems for the production of biochar. There are a large number of players in the U.S. involved in the manufacture and supply of biochar. Few technology providers can be observed in the U.S. biochar market. Most companies are concentrating on producing biochar – particularly those using the slow pyrolysis systems.
  • Release of carbon dioxide into the atmosphere through rising use of fossil fuels has resulted in global warming. Fossil fuel is a carbon-positive fuel that increases the amount of carbon in the atmosphere.
  • Moreover, carbon is continually released in the atmosphere as a result of decomposition of plants and animals. Biochar’s ability to act as a carbon sink and its capability to sequester carbon is likely to drive growth in the U.S. biochar market in the future. Furthermore, biochar is a helpful tool to achieve the goal of crop diversity and food security in areas with scarce organic resources.
  • The potential of biochar to improve soil fertility and enhance crop productivity is also likely to act as an important driver for the U.S. biochar market. Additionally, application of biochar for waste management is likely to fuel the demand for biochar in the U.S. biochar market.
  • Rise in demand for biochar in agriculture applications is propelling the biochar market in the U.S.

Rise in Application of Biochar in Agriculture (Large Farms)

  • In terms of application, the agriculture segment is estimated to dominate the U.S. biochar market during the forecast period. Increase in demand for biochar in agriculture (large farms) applications is anticipated to drive the segment in the near future.
  • Biochar helps boost the agricultural output due to its properties such as enhancement of soil quality, nutrient retention ability, fertility, and increase in soil biodiversity. Some other benefits of biochar products are maintenance of the pH balance of the soil and generation of healthy humus.
  • In addition, enhanced water retention, increased resistance to insect and fungal attacks, and improved seed germination are some of the problems in soil, which are closely related with increased food productivity and reduced deforestation

U.S. Biochar Market: Competition Landscape

  • Detailed profiles of providers of biochar have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the U.S. biochar market are Agri-Tech Producers, LLC, Biochar Supreme, LLC, Cool Planet Energy Systems, Inc., Full Circle Biochar, and The Biochar Company. The report also analyzes several other players involved in the market including BioChar Products, CharGrow, LLC, Genesis Industries, LLC, Hawaii Biochar Products, LLC, New England Biochar, LLC, Phoenix Energy, Three Dimensional Timberlands, LLC, Tolero Energy, LLC, Vega Biofuels, Inc., and Victory Gasworks

U.S. Biochar Market: Major Players

  • Major providers of biochar, such as Agri-Tech Producers LLC, Cool Planet Energy Systems Inc., The Biochar Company, Biochar Supreme LLC, and Full Circle Biochar are focusing on research & development, merger, joint venture, collaboration, and product innovation strategies
  • In the U.S. biochar market report, we have discussed individual strategies, followed by company profiles of providers of biochar. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the U.S. biochar market.

U.S. Biochar Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 1.4 Mn

Market Forecast Value in 2031

US$ 9.49 Mn

Growth Rate (CAGR)

19%

Forecast Period

2022-2031

Quantitative Units

US$ Mn for Value and Tons for Volume

Market Analysis

It includes cross segment analysis at U.S. level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview.

Competition Landscape

  • Market Share Analysis by Company (2020)
  • Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Application
    • Gardening
    • Agriculture (Large Farms)
    • Household

Country Covered

  • U.S.

Companies Profiled

  • BioChar Products
  • CharGrow, LLC
  • Cool Planet Energy Systems, Inc.
  • Full Circle Biochar
  • Genesis Industries, LLC
  • Hawaii Biochar Products, LLC
  • Three Dimensional Timberlands, LLC
  • Tolero Energy, LLC
  • Vega Biofuels, Inc.

Customization Scope

Available upon Request

Pricing

Available upon Request

U.S. Biochar Market – Segmentation

TMR’s research study assesses the U.S. biochar market in terms of application. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the U.S. biochar market.

Application
  • Gardening
  • Agriculture (Large Farms)
  • Household
Country
  • U.S.

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1. Executive Summary

    1.1. Biochar Market Snapshot

    1.2. Current Market and Future Potential

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Trends

    2.3. Market Dynamics

        2.3.1. Drivers

        2.3.2. Restraints

        2.3.3. Opportunities

    2.4. Porter’s Five Forces Analysis

    2.5. Regulatory Analysis

    2.6. Value Chain Analysis

        2.6.1. List of Biochar Manufacturers

        2.6.2. List of Potential Customers

3. COVID-19 Impact Analysis

4. U.S. Biochar Market Analysis and Forecast, Application, 2022–2031

    4.1. Introduction and Definitions

    4.2. U.S. Biochar Market Volume (Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

        4.2.1. Gardening

        4.2.2. Agriculture (Large Farms)

        4.2.3. Household

    4.3. U.S. Biochar Market Attractiveness, by Application

5. Competition Landscape

    5.1. BioChar Products, CharGrow, LLC, Cool Planet Energy Systems, Inc., Full Circle Biochar, Genesis Industries, LLC, Hawaii Biochar Products, LLC, Three Dimensional Timberlands, LLC, Tolero Energy, LLC, and Vega Biofuels, Inc.

    5.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

        5.2.1. BioChar Products

            5.2.1.1. Company Description

            5.2.1.2. Business Overview

            5.2.1.3. Financial Overview

            5.2.1.4. Strategic Overview

        5.2.2. CharGrow, LLC

            5.2.2.1. Company Description

            5.2.2.2. Business Overview

            5.2.2.3. Financial Overview

            5.2.2.4. Strategic Overview

        5.2.3. Cool Planet Energy Systems, Inc

            5.2.3.1. Company Description

            5.2.3.2. Business Overview

            5.2.3.3. Financial Overview

            5.2.3.4. Strategic Overview

        5.2.4. Full Circle Biochar

            5.2.4.1. Company Description

            5.2.4.2. Business Overview

            5.2.4.3. Financial Overview

            5.2.4.4. Strategic Overview

        5.2.5. Genesis Industries, LLC

            5.2.5.1. Company Description

            5.2.5.2. Business Overview

            5.2.5.3. Financial Overview

            5.2.5.4. Strategic Overview

        5.2.6. Hawaii Biochar Products, LLC

            5.2.6.1. Company Description

            5.2.6.2. Business Overview

            5.2.6.3. Financial Overview

            5.2.6.4. Strategic Overview

        5.2.7. Three Dimensional Timberlands, LLC

            5.2.7.1. Company Description

            5.2.7.2. Business Overview

            5.2.7.3. Financial Overview

            5.2.7.4. Strategic Overview

        5.2.8. Tolero Energy, LLC

            5.2.8.1. Company Description

            5.2.8.2. Business Overview

            5.2.8.3. Financial Overview

            5.2.8.4. Strategic Overview

        5.2.9. Vega Biofuels, Inc.

            5.2.9.1. Company Description

            5.2.9.2. Business Overview

            5.2.9.3. Financial Overview

            5.2.9.4. Strategic Overview

6. Primary Research: Key Insights

7. Appendix

List of Tables

Table 1: U.S. Biochar Market Volume (Tons) Forecast, by Application, 2022–2031

Table 2: U.S. Biochar Market Value (US$ Mn) Forecast, by Application, 2022–2031

List of Figures

Figure 1: U.S. Biochar Market Volume Share Analysis, by Application, 2020, 2025, and 2031

Figure 2: U.S. Biochar Market Attractiveness, by Application

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