US-Biochar Market by Technology and Application - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 115 SKU: IRTNTR75531

US Biochar Market Size 2023-2027

The US biochar market size is forecast to increase by USD 161.2 million, at a CAGR of 15.82% between 2022 and 2027. The market's expansion hinges on several critical factors. One such factor is the escalating demand for soil enhancement techniques, driven by the imperative to sustain agricultural productivity. Additionally, the widespread adoption of precision farming practices significantly contributes to this growth trajectory, emphasizing the importance of leveraging technology for optimized agricultural outcomes. Moreover, the pursuit of increased yields and enhanced crop quality stands out as a pivotal driver, aligning with the agricultural industry's continuous quest for efficiency and sustainability. These interconnected elements underscore a holistic approach to agricultural advancement, where innovation and modernization play key roles in meeting the evolving demands of the sector.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by technology (pyrolysis, gasification, and others) and application (farming, power generation, and industrial and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market is driven by a growing emphasis on climate-friendly agriculture and carbon emissions reduction. Biochar, derived from pyrolysis or gasification of biomass, plays a pivotal role in carbon sequestration and mitigating climate change. The increasing focus on sustainable practices in agriculture and livestock farming fuels biochar's demand. Challenges include scaling production sustainably to meet demand and addressing concerns about chemicals in biochar production. However, with rising environmental awareness and the potential for biochar to enhance soil health and reduce greenhouse gases, the market is poised for growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

One of the key factors driving the market growth is the growing need for soil improvement. There is a growing popularity of biochar for its soil amendments properties, such as water retention, permeability, water infiltration, and drainage. One of the key consumers of biochar driving its high demand includes farmers and agricultural industries seeking sustainable solutions for soil health and crop yield improvement.

There is a growing importance on sustainable practices and reducing the use of chemical fertilizers and pesticides due to the increasing awareness of environmental issues. For instance, soil improvement products offer an eco-friendly alternative that enhances soil health without harming the environment. Hence, the rising demand for soil improvement products will boost the growth of the market during the forecast period.

Significant Market Trends 

A key factor shaping the market growth is the inclination toward organic farming. There has been an increasing demand for biochar over the years due to the growing inclination towards organic farming. One of the key advantages of biochar is that can help organic farmers reduce their reliance on synthetic fertilizers and pesticides as well as it also acts as a carbon sink, sequestering carbon from the atmosphere for long periods.

Additionally, factors such as biochar enhance nutrient cycling in the soil, reduce nutrient leaching, promote the growth of beneficial soil microorganisms,  improve water retention in sandy soils, and reduce waterlogging in clay soils, making it valuable for sustainable water management are expected to fuel the demand of the biochar across the farmers. Furthermore, there has been an increase in consumer demand for organic products as organic farming practices prioritize the use of natural and sustainable products such as biochar to enhance soil health and promote biodiversity. Hence, such factors are expected to drive the growth of the market during the forecast period.

Major Market Challenge

Lack of awareness and understanding is one of the key challenges hindering the market growth. Limited awareness and understanding of biochar among the public, policymakers, and even some agricultural communities is one of the key challenges in the market. Many people are still unaware of biochar and its potential benefits, which include improvement of soil fertility and increase in crop yields, which hinder its widespread adoption.

Since biochar is a relatively new concept, there have been only limited educational outreach and public awareness campaigns focused specifically on biochar. Due to this reason, the public remains unaware of its existence and potential benefits. Thus, such a lack of awareness is expected to hinder the growth of the market during the forecast period.

Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

High Plains Biochar LLC: The company offers biochar such as premium pine feedstock biochar.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Blue Sky Biochar
  •  V-Grid Energy Systems Inc.
  • ALL Power Labs 
  • Aries Clean Technologies LLC
  • Avello Bioenergy Inc.
  • Biochar Now LLC
  • Biochar Supreme LLC
  • Bioforcetech Corp.
  • Carbo Culture co
  • Coaltec Energy USA
  • Ecotone Inc.
  • Glanris Biocarbon Biochar
  • High Plains Biochar LLC
  • Karr Group
  • Lewis Bamboo
  • Oregon Biochar Solutions
  • Pacific Biochar Benefit Corp.
  • Seneca Farms Biochar LLC
  • Vermont Biochar

Qualitative and quantitative market research and growth analysis of companiess has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. In market growth analysis, data is qualitatively analyzed to categorize companiess as pure play, category-focused,industry-focused, and diversified; it is quantitatively analyzed to categorize companiess as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Market?

The Market is witnessing significant growth and diversification, driven by its versatility and eco-friendly nature. Biochar is a key component, derived from pyrolysis or gasification of biomass materials like agricultural waste, wood waste, and forest waste. This process not only helps in managing waste but also contributes to carbon sequestration, mitigating carbon emissions and addressing concerns related to climate change and greenhouse gases. One of the major drivers of the US biochar market is the increasing adoption of climate-friendly agriculture practices. Farmers and agricultural stakeholders are increasingly recognizing the benefits of using biochar in improving soil health, enhancing soil porosity, and reducing soil water loss. This aligns with the growing environmental awareness and the shift towards sustainable farming methods, including the use of organic food and water treatment technologies.

The market share growth by the pyrolysis segment will be significant during the forecast period. Pyrolysis can be termed as a thermal decomposition process that converts organic materials, such as biomass, into biochar, along with other byproducts like bio-oil and syngas. Biochar is a charcoal-like substance that is widely used as a soil amendment and carbon sequestration tool.

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The pyrolysis segment was valued at USD 60.26 million in 2017 and continued to grow until 2021. There is a growing popularity for the pyrolysis segment as a sustainable method for converting biomass waste into valuable products such as biochar. The process involves heating biomass in the absence of oxygen or with a limited oxygen supply at high temperatures. Some of the key environmental benefits offered by this segment include providing an alternative to conventional waste disposal methods, reducing the amount of organic waste going to landfills, and minimizing greenhouse gas emissions. The main application of biochar in agriculture is that it can enhance soil health and reduce the need for synthetic fertilizers, thereby promoting sustainable farming practices. Hence, such factors and benefits are expected to drive the growth of the market during the forecast period.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

  • Technology Outlook 
    • Pyrolysis
    • Gasification
    • Others
  • Application Outlook 
    • Farming
    • Power generation
    • Industrial and others

Market Analyst Overview

The market is experiencing a surge due to various critical factors. With carbon emissions and climate change becoming pressing concerns globally, initiatives like those by the World Bank advocate for climate-friendly agriculture practices. This trend extends to the agriculture segment where biochar, derived from agricultural waste, wood waste, and forest waste, plays a pivotal role. Animal manure is also utilized, aligning with environmental awareness and the push for organic food and water treatment solutions.

Moreover, the biogas and crop residue sectors are witnessing increased use of biochar and wood pellets, catalyzed by EU Commission directives aiming to combat deforestation. Timber manufacturers are integrating technology insights into livestock farming practices, reflecting the latest trends in green and sustainable methods. Pyrolysis technology and hydrothermal carbonization are revolutionizing agriculture applications, enhancing crop nutrition, and reducing greenhouse gases and soil acidity. Biomass and biowaste conversion into plant-based biochar is facilitating electricity generation, aiding forestry preservation, and mitigating the impact of wildfires. This holistic approach encompasses ecosystem benefits, including improved soil porosity and reduced soil water loss, marking a significant stride toward environmentally friendly and sustainable agricultural practices.

Furthermore, the market is evolving with a keen focus on sustainability and innovation across various segments. In the livestock segment, biochar is gaining traction as a means to manage animal waste efficiently while reducing environmental impact. Similarly, the power generation segment is exploring biochar as a renewable energy source, contributing to cleaner and greener energy solutions. Technology analysis and application analysis are driving advancements in biochar production and usage. Processes like acid hydrolysis and innovative cooking stove technologies are enhancing biochar production efficiency and quality. This aligns with its agriculture application, where biochar's ability to improve soil health and nutrient retention is highly valued.

Market Scope

Report Coverage

Details

Page number

115

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.82%

Market growth 2023-2027

USD 161.2 million

Market structure

Fragmented

YoY growth 2022-2023(%)

15.5

Competitive landscape

Leading companiess, Market Positioning of companiess, Competitive Strategies, and Industry Risks

Key companies profiled

Blue Sky Biochar,  V-Grid Energy Systems Inc., ALL Power Labs , Aries Clean Technologies LLC, Avello Bioenergy Inc., Biochar Now LLC, Biochar Supreme LLC, Bioforcetech Corp., Carbo Culture co, Coaltec Energy USA, Ecotone Inc., Glanris Biocarbon Biochar, High Plains Biochar LLC, Karr Group, Lewis Bamboo, Oregon Biochar Solutions, Pacific Biochar Benefit Corp., Seneca Farms Biochar LLC, and Vermont Biochar

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Market Report?

  • CAGR of the market in the US during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across the US
  • A thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companiess
  • Comprehensive market forecast analysis of factors that will challenge the growth of market companiess

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
      • Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Biochar market in US 2017 - 2021
      • Exhibit 15: Historic Market Size – Data Table on biochar market in US 2017 - 2021 ($ million)
    • 4.2 Technology Segment Analysis 2017 - 2021
      • Exhibit 16: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 17: Historic Market Size – Application Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 25: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 26: Data Table on Technology - Market share 2022-2027 (%)
    • 6.2 Comparison by Technology
      • Exhibit 27: Chart on Comparison by Technology
      • Exhibit 28: Data Table on Comparison by Technology
    • 6.3 Pyrolysis - Market size and forecast 2022-2027
      • Exhibit 29: Chart on Pyrolysis - Market size and forecast 2022-2027 ($ million)
      • Exhibit 30: Data Table on Pyrolysis - Market size and forecast 2022-2027 ($ million)
      • Exhibit 31: Chart on Pyrolysis - Year-over-year growth 2022-2027 (%)
      • Exhibit 32: Data Table on Pyrolysis - Year-over-year growth 2022-2027 (%)
    • 6.4 Gasification - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Gasification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 34: Data Table on Gasification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Chart on Gasification - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Gasification - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Technology
      • Exhibit 41: Market opportunity by Technology ($ million)
      • Exhibit 42: Data Table on Market opportunity by Technology ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 45: Chart on Comparison by Application
      • Exhibit 46: Data Table on Comparison by Application
    • 7.3 Farming - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Farming - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Farming - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Farming - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Farming - Year-over-year growth 2022-2027 (%)
    • 7.4 Power generation - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Power generation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Power generation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Power generation - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Power generation - Year-over-year growth 2022-2027 (%)
    • 7.5 Industrial and others - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Industrial and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Industrial and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Industrial and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Industrial and others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 59: Market opportunity by Application ($ million)
      • Exhibit 60: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 62: Impact of drivers and challenges in 2022 and 2027
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 63: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 64: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 65: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 66: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 67: Matrix on vendor position and classification
            • 11.3 ALL Power Labs
              • Exhibit 68: ALL Power Labs  - Overview
              • Exhibit 69: ALL Power Labs  - Product / Service
              • Exhibit 70: ALL Power Labs  - Key offerings
            • 11.4 Aries Clean Technologies LLC
              • Exhibit 71: Aries Clean Technologies LLC - Overview
              • Exhibit 72: Aries Clean Technologies LLC - Product / Service
              • Exhibit 73: Aries Clean Technologies LLC - Key offerings
            • 11.5 Avello Bioenergy Inc.
              • Exhibit 74: Avello Bioenergy Inc. - Overview
              • Exhibit 75: Avello Bioenergy Inc. - Product / Service
              • Exhibit 76: Avello Bioenergy Inc. - Key offerings
            • 11.6 Biochar Now LLC
              • Exhibit 77: Biochar Now LLC - Overview
              • Exhibit 78: Biochar Now LLC - Product / Service
              • Exhibit 79: Biochar Now LLC - Key offerings
            • 11.7 Biochar Supreme LLC
              • Exhibit 80: Biochar Supreme LLC - Overview
              • Exhibit 81: Biochar Supreme LLC - Product / Service
              • Exhibit 82: Biochar Supreme LLC - Key offerings
            • 11.8 Bioforcetech Corp.
              • Exhibit 83: Bioforcetech Corp. - Overview
              • Exhibit 84: Bioforcetech Corp. - Product / Service
              • Exhibit 85: Bioforcetech Corp. - Key offerings
            • 11.9 Carbo Culture co
              • Exhibit 86: Carbo Culture co - Overview
              • Exhibit 87: Carbo Culture co - Product / Service
              • Exhibit 88: Carbo Culture co - Key offerings
            • 11.10 Coaltec Energy USA
              • Exhibit 89: Coaltec Energy USA - Overview
              • Exhibit 90: Coaltec Energy USA - Product / Service
              • Exhibit 91: Coaltec Energy USA - Key offerings
            • 11.11 Glanris Biocarbon Biochar
              • Exhibit 92: Glanris Biocarbon Biochar - Overview
              • Exhibit 93: Glanris Biocarbon Biochar - Product / Service
              • Exhibit 94: Glanris Biocarbon Biochar - Key offerings
            • 11.12 High Plains Biochar LLC
              • Exhibit 95: High Plains Biochar LLC - Overview
              • Exhibit 96: High Plains Biochar LLC - Product / Service
              • Exhibit 97: High Plains Biochar LLC - Key offerings
            • 11.13 Karr Group
              • Exhibit 98: Karr Group - Overview
              • Exhibit 99: Karr Group - Product / Service
              • Exhibit 100: Karr Group - Key offerings
            • 11.14 Lewis Bamboo
              • Exhibit 101: Lewis Bamboo - Overview
              • Exhibit 102: Lewis Bamboo - Product / Service
              • Exhibit 103: Lewis Bamboo - Key offerings
            • 11.15 Oregon Biochar Solutions
              • Exhibit 104: Oregon Biochar Solutions - Overview
              • Exhibit 105: Oregon Biochar Solutions - Product / Service
              • Exhibit 106: Oregon Biochar Solutions - Key offerings
            • 11.16 Pacific Biochar Benefit Corp.
              • Exhibit 107: Pacific Biochar Benefit Corp. - Overview
              • Exhibit 108: Pacific Biochar Benefit Corp. - Product / Service
              • Exhibit 109: Pacific Biochar Benefit Corp. - Key offerings
            • 11.17 Seneca Farms Biochar LLC
              • Exhibit 110: Seneca Farms Biochar LLC - Overview
              • Exhibit 111: Seneca Farms Biochar LLC - Product / Service
              • Exhibit 112: Seneca Farms Biochar LLC - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 113: Inclusions checklist
                • Exhibit 114: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 115: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 116: Research methodology
                • Exhibit 117: Validation techniques employed for market sizing
                • Exhibit 118: Information sources
              • 12.5 List of abbreviations
                • Exhibit 119: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              biochar market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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