San Francisco, California, May 08, 2017: A new research report by TMR Research offers a thorough overview of the global biochar market, emphasizing on the vital factors that are projected to influence the development of the market in the near future. The research study, titled “Biochar Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” throws light on the market segmentation, key applications, and the competitive landscape of the overall market. In addition to this, the research study offers forecast statistics in order to offer a strong understanding for new players and readers.
A tremendous rise in the population worldwide and the rising popularity of organic food are the key factors that are anticipated to boost the demand for biochar in the next few years. The improvement of soil fertility and plant quality offered by the use of biochar is another factor expected to augment the global market throughout the forecast period. Furthermore, the increasing meat consumption and the growing demand for biochar from the livestock farming sector are anticipated to accelerate the growth of the overall market in the coming years.
The use of biochar helps in reducing the proportion of carbon dioxide in the environment, owing to which the market is estimated to witness a high level of growth in the next few years. In addition, the advancements in the technology and rising inclination of consumers towards a healthy lifestyle and diet are predicted to supplement the growth of the global biochar market throughout the forecast period. These factors are estimated to attract a large number of players to expand their product horizon and gain a competitive edge in the coming years.
From a regional viewpoint, the North America and Europe are anticipated to register a strong growth throughout the forecast period, thanks to the presence of a large number of players operating in these two regions. As a result, these two regions are likely to account for a large share of the global biochar market in the next few years. Furthermore, the rising awareness among consumers regarding the advantages of biochar is predicted to generate promising opportunities in several developing economies in Asia Pacific.
Some of the leading players operating in the biochar market across the globe are Weyerhaeuser, 3R ENVIRO TECH Group, Pacific Pyrolysis, Georgia-Pacific, Phoenix Energy, Biochar Supreme, LLC, West Fraser, and Cool Planet Energy Systems Inc. The increasing number of players that are likely to enter the market in the next few years are focusing on innovations and development of new product. This is expected to benefit the players as well as the global market in the next few years.