India Biochar Market Size – USD 1.45 billion in 2019, Growth - CAGR of 12.3%, Trends – Surging demand in greenhouse remediation
The global India Biochar Market is expected to reach USD 3.67 Billion by 2027, according to a new report by Reports and Data. It finds usage as a feed additive and is considered beneficial for the improvement of feed efficiency, animal health, and environment for livestock housing. Livestock rearing is providing better growth prospects for the use of India Biochar. Animals ranging from earthworms to chickens and cattle, among others, show great interest in food when India Biochar is added to it. In the European Union, around 90.0% of the India Biochar is used to feed livestock, and remaining is used in applications, including spreading on agricultural land with manure. A direct application of the product in poultry rearing is the reduction and elimination of odors produced from poultry litter, especially ammonia. The strong positive electric charge of ammonia makes it corrosive and harmful to breathe. This chocking gas is released by bird droppings, making the air toxic and unhealthy to living beings.
COVID-19 Impact
The COVID-19 pandemic is having a significant impact on the chemicals materials industry. Demand for products such as India Biochar is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Lack of free movement of the labor force required for the application of India Biochar on agricultural land and as animal feedstock in the is lacking, thereby hindering the growth of the market in the COVID-19 pandemic. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
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Top Leading Players: Diacarbon Energy Inc., Cool Planet Energy Systems Inc., Agri-Tech Producers Llc, India Biochar Products Inc., Vega Biofuels Inc., Phoenix Energy, Pacific Pyrolysis, The India Biochar Company, Clean Biofuels Bv, And India Biochar Supreme Llc, Among Others.
Further Key Findings From The Report Suggest
By Technology, Pyrolysis Contributed To The Largest Market Share Of Around 75.0% In 2019. It Is The Most Commonly Used Method For The Production Of India Biochar. In This Method, The Product Is Produced By The Decomposing Biomass Thermo-Chemically In The Absence Of Oxygen At A Temperature In The Range Of 350-700 °C. The Process Discharges Volatile End-Products, Whereas The Carbon-Rich Solid And Non-Volatiles End-Products Are Collected As India Biochar.
By Distribution Channel, Offline Held A Larger Market Share In 2019. The India Biochar Industry Is Very Offline-Intensive And Witnesses Transparency. The Offline Channel Necessitates The Requirement Of Substantial Investment Of Time By The Buyer And High Selling Costs, Along With Considerable Knowledge Of The Market On The Seller Side.
By Application, Farming Contributed To The Largest Market Share In 2019. The Application Of India Biochar For Crop Production Is A Feasible Alternative That Can Improve The Carbon Sequestration Rates In The Soil, Improve Soil Quality, And Reduce Farm Waste. The Product Is Considered To Be Beneficial In Increasing Conventional Agricultural Productivity And Alleviate Greenhouse Gas Emissions From Agricultural Soils.
Regional Outlook
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest Of Eu)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest Of Apac)
- Latin America (Chile, Brazil, Argentina, Rest Of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest Of Mea)
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Market Segmentation:
Technology Outlook (Volume, Kilo Tons, Revenue, Usd Million; 2017-2027)
- Pyrolysis
- Gasification
- Others
Distribution Channel Outlook (Volume, Kilo Tons, Revenue, Usd Million; 2017-2027)
- Online
- Offline
Application Outlook (Volume, Kilo Tons, Revenue, Usd Million; 2017-2027)
- Livestock
- Farming
- Others
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Table Of Contents:
Report Overview
1.1 Research Scope
1.2 Key India Biochar Market Segments
1.3 Major Players
1.4 Market Analysis By Product Type
1.5 Market Analysis By Application
1.6 Report Timeline
Global Growth Trends
2.1 Global India Biochar Market Size
2.2 Latest Regional Market Trends
2.3 Emerging Growth Trends
Competitive Outlook
3.1 Global India Biochar Market Key Players
3.2 Global India Biochar Size By Manufacturers
3.3 Products Of Major Players
3.4 Entry Barriers In The India Biochar Market
3.5 Mergers, Acquisitions, Joint Ventures, And Other Strategic Alliances
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