- In November 2023, BIOSORRA inaugurated a biochar production facility in Thika, Kiambu County, Kenya. Such biochar will be supplied to Kenya Nut Company, a multinational agribusiness engaged in cultivating a diverse array of products
- In November 2023, Pyreg GmbH introduced Biochar Carbon Removal (BCR) through its carbonization systems. The company’s Climate Finance Solutions (PCFS) aims to expedite the implementation of its technology within the agricultural sector
- In July 2023, a consortium comprising Canadian and French firms, including Airex Energy, Groupe Rémabec, and SUEZ, committed C$80 million to establish the largest biochar production facility in North America
- In July 2023, Eco Allies, a subsidiary of Stereovision, announced an expansion of the terms of its joint venture with Biochar Now, LLC. This includes the addition of a second plant in Mexico and an increase in the number of kilns at each facility from 120 to 180, totaling 360 kilns
- In June 2022, Airex Energy became a technology group partner in the BDO Zone Strategic Alliance, which comprises some of the top companies in the bioenergy sector, aimed at mitigating risks associated with the development of biobased projects in BDO Zones
Frequently Asked Questions
The market is segmented based on Segmentation, By Technology (Pyrolysis, Gasification, Batch Pyrolysis Kiln, Microwave Pyrolysis, Cookstove, and Others), Feedstock (Agriculture Waste, Animal Manure, Forestry Waste, and Biomass Plantation), Application (Gardening, Agriculture, Household, and Electricity Generation) - Industry Trends and Forecast to 2031
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The Global Biochar Market size was valued at USD 244.17 USD Million in 2023.
The Global Biochar Market is projected to grow at a CAGR of 12.63% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.