Biochar Market To 2022- Industry Trends, Forecast: Grand View Research, Inc.
Grand View Research.com has announced the addition of "Biochar Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
Global biochar market is expected to reach USD 5.88 billion by 2022, according to a new report by Grand View Research, Inc. Rising consumption of the product in agricultural operations owing to its soil amending abilities will stimulate industry expansion over the forecast period. Increasing agricultural productivity and crop yield is expected to augment market growth over the next seven years.
Global demand for pyrolysis in biochar production was 629.6 kilo tons in 2014. Pyrolysis technology is the most commonly used technology as it allows manufacturers to produce large quantities with high levels of carbon content.
Agriculture was the largest application segment, accounting for 85.0% of global market volume in 2014. Growing food sector in light of rising global population, along with increasing consumer awareness regarding quality is expected to serve as key factor for market growth. Its ability to improve soil fertility coupled with high crop yield will serve as growth opportunities in the near future.
Browse full research report on Global Biochar Market: http://www.grandviewresearch.com/industry-analysis/biochar-market
Further key findings from the report suggest:
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Grand View Research has segmented the global biochar market on the basis of technology, application and region:
Global Biochar Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Global Biochar Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers
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