The biochar market size was valued at US$ 195.73 million in 2024 and is expected to reach US$ 277.04 million by 2031; it is estimated to register a CAGR of 5.4% from 2025 to 2031.
Biochar is produced through various processes that involve heating organic materials such as agricultural waste, forestry residues, and biomass in the absence of oxygen, thus generating biochar, syngas, and bio-oil. These by-products serve as valuable sources of renewable energy, which can be used to generate electricity or heat, offering a dual benefit of carbon sequestration and renewable energy generation.
Various regions and countries strive to lower their dependence on fossil fuels and meet goals focused on climate change mitigation, and biochar production as a form of energy generation aligns with these objectives. The integration of biochar production with energy systems can help reduce greenhouse gas emissions by replacing traditional energy sources with cleaner, carbon-neutral alternatives.
Additionally, the use of biomass feedstocks provides a sustainable approach to managing waste. Various government policies are focused on promoting renewable energy development and carbon reduction. As advancements in technology make biochar production more efficient and cost-effective, its importance and feasibility as an energy source are contributing to the biochar market growth.
Based on the process, the market is segmented into pyrolysis, gasification, torrefaction, and others. The pyrolysis segment held the largest share of the market in 2024. Pyrolysis is one of the major processes used to manufacture biochar. It is a thermochemical conversion of lignocellulosic biomass and other waste materials (at 350°C and above) in limited- or no-oxygen conditions. The pyrolysis process involves high levels of heat and pressure, and its parameters influence the characteristics of biochar.
Biochar, which is obtained as a solid fraction of the pyrolytic process, is gaining considerable importance due to its renewable nature, structural and morphological diversity, and physicochemical properties with similarity to conventional fossil resource-based carbon materials. The pyrolysis process also yields a fuel gas that could potentially be used as a cleaner alternative to natural gas.
Asia Pacific is estimated to register the fastest CAGR in the global biochar market from 2025 to 2031. In August 2024, the Union Cabinet of India approved the Agriculture Infrastructure Fund (AIF) to strengthen the infrastructure and support the farming community in the country. It aims to propel the number of eligible projects and integrate additional favorable measures to support a robust agricultural infrastructure. In 2023, the Government of Japan announced a new economic stimulus package of US$ 113 billion to boost agriculture, forestry, and fishery exports. Such supportive agriculture policies and growing sustainable agriculture practices drive the demand for biochar to enhance soil structure and health.
Further, being the world's largest agricultural producer, there is a growing demand for biochar to enhance soil fertility in the region. The governments in Asia Pacific have been actively promoting the use of biochar through policies such as the National Soil Pollution Control Plan and the Healthy Soil Action Plan in China aimed at supporting organic farming, enhancing soil quality, and reducing greenhouse gas emissions. Moreover, biochar is widely used in animal feed to improve animal health and livestock productivity. Thus, the flourishing organic agriculture and animal feed production industries generate a significant demand for biochar in Asia Pacific.
A few players operating in the global biochar market include BC Biochar, SOLER Group, Green Man Char-Cyclic Carbon Pty Ltd, American BioCarbon, Elkem ASA, Carbonis GmbH & Co KG, Element Biochar, Oregon Biochar Solutions, Envigas AB, BioCarbon Australia, Glanris, Genesis Enterprises Inc, Biochar Supreme LLC, Phoenix Energy, Olivketts Global Energy Ltd. Players operating in the market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers.
The overall global biochar market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the biochar market.
Biochar is produced through various processes that involve heating organic materials such as agricultural waste, forestry residues, and biomass in the absence of oxygen, thus generating biochar, syngas, and bio-oil. These by-products serve as valuable sources of renewable energy, which can be used to generate electricity or heat, offering a dual benefit of carbon sequestration and renewable energy generation.
Various regions and countries strive to lower their dependence on fossil fuels and meet goals focused on climate change mitigation, and biochar production as a form of energy generation aligns with these objectives. The integration of biochar production with energy systems can help reduce greenhouse gas emissions by replacing traditional energy sources with cleaner, carbon-neutral alternatives.
Additionally, the use of biomass feedstocks provides a sustainable approach to managing waste. Various government policies are focused on promoting renewable energy development and carbon reduction. As advancements in technology make biochar production more efficient and cost-effective, its importance and feasibility as an energy source are contributing to the biochar market growth.
Based on the process, the market is segmented into pyrolysis, gasification, torrefaction, and others. The pyrolysis segment held the largest share of the market in 2024. Pyrolysis is one of the major processes used to manufacture biochar. It is a thermochemical conversion of lignocellulosic biomass and other waste materials (at 350°C and above) in limited- or no-oxygen conditions. The pyrolysis process involves high levels of heat and pressure, and its parameters influence the characteristics of biochar.
Biochar, which is obtained as a solid fraction of the pyrolytic process, is gaining considerable importance due to its renewable nature, structural and morphological diversity, and physicochemical properties with similarity to conventional fossil resource-based carbon materials. The pyrolysis process also yields a fuel gas that could potentially be used as a cleaner alternative to natural gas.
Asia Pacific is estimated to register the fastest CAGR in the global biochar market from 2025 to 2031. In August 2024, the Union Cabinet of India approved the Agriculture Infrastructure Fund (AIF) to strengthen the infrastructure and support the farming community in the country. It aims to propel the number of eligible projects and integrate additional favorable measures to support a robust agricultural infrastructure. In 2023, the Government of Japan announced a new economic stimulus package of US$ 113 billion to boost agriculture, forestry, and fishery exports. Such supportive agriculture policies and growing sustainable agriculture practices drive the demand for biochar to enhance soil structure and health.
Further, being the world's largest agricultural producer, there is a growing demand for biochar to enhance soil fertility in the region. The governments in Asia Pacific have been actively promoting the use of biochar through policies such as the National Soil Pollution Control Plan and the Healthy Soil Action Plan in China aimed at supporting organic farming, enhancing soil quality, and reducing greenhouse gas emissions. Moreover, biochar is widely used in animal feed to improve animal health and livestock productivity. Thus, the flourishing organic agriculture and animal feed production industries generate a significant demand for biochar in Asia Pacific.
A few players operating in the global biochar market include BC Biochar, SOLER Group, Green Man Char-Cyclic Carbon Pty Ltd, American BioCarbon, Elkem ASA, Carbonis GmbH & Co KG, Element Biochar, Oregon Biochar Solutions, Envigas AB, BioCarbon Australia, Glanris, Genesis Enterprises Inc, Biochar Supreme LLC, Phoenix Energy, Olivketts Global Energy Ltd. Players operating in the market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers.
The overall global biochar market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the biochar market.
Reasons to buy:
- Progressive industry trends in the biochar market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the biochar market from 2021 to 2031
- Estimation of the demand for biochar across various industries
- Porter's Five Forces analysis illustrates the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for biochar across the globe
- Market trends and outlook coupled with factors driving and restraining the growth of the biochar market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the global biochar market growth
- The global biochar market size at various nodes of the market
- Detailed overview and segmentation of the biochar market, as well as its dynamics in the industry
- The biochar market size in different regions with promising growth opportunities
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Biochar Market Landscape
5. Biochar Market - Key Market Dynamics
6. Biochar Market - Global Market Analysis
7. Biochar Market Volume and Revenue Analysis - by Form
8. Biochar Market Volume and Revenue Analysis - by Process
9. Biochar Market Volume and Revenue Analysis - by Application
10. Biochar Market - Geographical Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
LIST OF TABLES
LIST OF FIGURES
Executive Summary
The biochar market is projected to reach US$ 368.85 million by 2028 from US$ 177.06 million in 2021. It is expected to grow at a CAGR of 11.1% from 2021 to 2028.The growing feedstock industry increases the demand for biochar. The feedstock can be categorized as woody biomass, agricultural waste, and animal manure. Agricultural waste, such as corn, rice, and fruit peels, and wood from forests, is a feedstock used to produce biochar. Furthermore, biochar is produced from original materials, such as wastewater sludges and microalgae. It is also being used to feed animals. A feedstock is the raw material used for processing or manufacturing another product. The feedstocks such as Crude oil, corn, soyabean oil used to produce gasoline, and ethanol, which is used to create biodiesel. Therefore, the flourishing feedstock industry is favoring the growth of the global biochar market.
Based on feedstock, the biochar market is segmented into woody biomass and agricultural waste, animal manure, and other feedstock. The woody biomass and agricultural waste segment accounted for the largest market share in 2020. Biochar is made using forest waste, agricultural waste, urban green waste and is highly adopted to be used for the production of energy. There are two most adopted processes for production of Biochar namely pyrolysis and gasification. Biochar is a carbon-rich and porous material obtained in pyrolysis of biomass. During the production of biochar, pyrolysis gases are considered as an energy source. Also, gasification is an effective conversion process that converts biomass into energy fuel while producing biochar as a byproduct. Production of Biomass through gasification and pyrolysis production systems creates energy and soil additives. Biochar made with cogeneration of electricity especially in rural regions can lead to regional development and energy production.
Based on geography, the biochar market is primarily segmented into North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2021, Asia-Pacific held the largest share of the market, and the Asia Pacific is expected to register the highest CAGR in the market during the forecast period. Many biochar producers are increasingly targeting China, India, and developing economies in the Rest of Asia Pacific to expand their business operations to explore the strong growth potential of these markets. Asia Pacific is one of the significant producers and consumers of biochar. Laws imposed on biochar in countries such as India are lenient compared to the laws in developed countries. These factors are fueling the growth of the biochar market across Asia Pacific.
The leading players in the biochar market include Carbon Gold Ltd.; Genesis Industries; Black Owl Biochar; Biochar Now, LLC; Airfex Energie Inc.; Phoenix Energy; American BioChar Company; Bioforcetech Corp; ECOERA; and PYROPOWER. The companies are focusing on environmental benefits and are witnessing lucrative growth for the biochar market across the globe. With the burgeoning demand for electricity, various countries across the world are focusing on renewable energy sources, such as biomass.
The size of the biochar market has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. Participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the biochar market.
Companies Mentioned
Some of the leading companies in the Biochar Market include:- BC Biocarbon
- SOLER Group
- Green Man Char-Cyclic Carbon Pty Ltd
- American BioCarbon
- Elkem ASA
- Carbonis GmbH & Co KG
- Element Biocarbon
- Oregon Biochar Solutions
- Envigas AB
- BioCarbon Australia
- Glanris
- Genesis Enterprises Inc
- Biochar Supreme LLC
- Phoenix Energy
- Olivketts Global Energy Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 302 |
Published | April 2025 |
Forecast Period | 2024 - 2031 |
Estimated Market Value ( USD | $ 195.73 Million |
Forecasted Market Value ( USD | $ 277.04 Million |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |