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USD 15 mn biochar market size expected to reach between 2015-2023 published by leading research firm

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Acumen Research and Consulting announced latest market research report on "Biochar Market".

India, Pune, Nov.29, 2017 (GLOBE NEWSWIRE) Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Biochar Market Make an Inquiry about this news (Applications: Gardening, Agriculture, Household; Feedstock: Agriculture Waste, Forestry Waste, Animal Manure, Biomass Plantation, Others; Technology: Microwave Pyrolysis, Batch Pyrolysis Kiln, Continuous Pyrolysis Kiln, Gasifier and Cookstove, Others  ; Manufacturing Process: Gasification, Fast and Intermediate Pyrolysis, Slow Pyrolysis, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2014 – 2023”, estimates that the global market for biochar is expected to reach the market value of over $15 million by 2023 and grow at a CAGR of more than 17% during the analysis period. Improved and mounting government initiatives and stringent environmental regulations are positive affecting the growth of biochar market, globally.

Also, continuously growing population is creating the demand for food which is encouraging the use of biochar to enhance soil fertility and improve crop yield.

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Production of Biochar Creates an Opportunity for Effective Waste Management

The basic raw material/feedstock required for production of biochar includes agricultural waste, forestry waste, animal manure, biomass,. The production of biochar can offer an effective management of such organic and agricultural waste, thus resulting in keeping environment clean and avoiding the ill-effects of global warming.