North America Biochar Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Feedstock (Woody Biomass and Agricultural Waste, Animal Manure, and Other Feedstock) and Application (Electricity Generation, Agriculture, Forestry, and Others) 

Code: BMIRE00025526 | Pages: 94 | Industry: Chemicals and Materials | Date: Aug 2022 | Type: Regional

The North America biochar market is expected to grow from US$ 37.34 million in 2021 to US$ 72.85 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2021 to 2028.

 

Biochar is charcoal or high-carbon, the fine-grained residue produced via pyrolysis. Biochar is used as a soil conditioner and fed to animals. It is stable, solid, rich in carbon, and can abide in soil for thousands of years. Biochar offers multiple soil health benefits. It promotes good soil and plant health by reducing the leaching of E-coli through sandy soils depending on application rate, feedstock, pyrolysis temperature (i.e., 300-700°C), soil moisture content, soil texture, and surface properties of the bacteria. It can improve yield for plants that require high potash and elevated pH. Biochar can enhance water quality and lower soil emissions of greenhouse gases, nutrient leaching, soil acidity, and irrigation and fertilizer requirements. Under specific circumstances, biochar induces plant systemic responses to foliar fungal diseases and improves plant responses to infections caused by soil-borne pathogens. These associated benefits of biochar boosted the demand for biochar in the agriculture industry. The Climate Hubs (the US Department of Agriculture) has established an online platform, 'The Pacific Northwest Biochar Atlas’, that helps users choose biochar to suit soil health goals. Furthermore, the Atlas provides details about the benefits of biochar, a dozen example operations implementing biochar across the region, and a map of biochar producers to simplify access for interested producers. These and other Atlas features help improve information exchange, continuing education, and biochar accessibility for Northwest farmers. Hence, the agriculture industry’s demand for biochar is driving the biochar market. Further, the growing feedstock industry increases the demand for biochar. Moreover, the feedstock can be segmented into woody biomass, agricultural waste, and animal manure. In addition, agricultural waste is a feedstock used to produce biochar, such as corn, rice, fruit peels, and wood from forests. Biochar is produced from original materials, such as wastewater sludges and microalgae, which are fed to animals. Moreover, the feedstock is the raw material used for processing or manufacturing another product. The feedstocks are crude oil used to produce gasoline; corn used to produce ethanol; and soybean oil, which is used to create biodiesel. Therefore, the increase in the feedstock industry is supporting the growth of the biochar market across the region.

 

 

 North America Biochar Market Revenue and Forecast to 2028 (US$ Million)

 North America Biochar Market Revenue and Forecast to 2028 (US$ Million)

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North America Biochar Market Segmentation  

 

The North America biochar market is segmented into feedstock, application, and country. Based on feedstock, the market is segmented into woody biomass and agricultural waste, animal manure, and other feedstock. In 2020, the biomass and agricultural waste segment held the largest market share. Based on application, the market is categorized into electricity generation, agriculture, forestry, and others. In 2020, the agriculture segment held the largest market share. Similarly, based on country, the market is fragmented into the US, Canada, and Mexico. Further, the US contributed a substantial share in 2020. 

 

Key players dominating the North America biochar market are Airex Énergie Inc.; American BioChar Company; Biochar Now, LLC; BioForceTech Corporation; Black Owl Biochar; Genesis Industries; and Phoenix Energy.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           North America Biochar Market Landscape

4.1         Market Overview

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Biochar Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing demand for biochar in agriculture & feedstock industry.

5.1.2        Advanced benefits of Biochar

5.2         Market Restraints

5.2.1        Limited adoption by farmers in agro-based economies.

5.2.2        High transportation cost of raw material and the possibility of contamination

5.3         Market Opportunities

5.3.1        Increasing demand for organic food products

5.3.2        Increasing prevalence of biochar in water treatment.

5.3.3        Biochar applications in the construction industry

5.4         Future Trends

5.4.1        Growing adoption of biochar for energy production

5.5         Impact Analysis of Drivers and Restraints

6.           Biochar Market – North America Analysis

6.1         North America Biochar Market Overview

6.2         North America Biochar Market –Revenue and Forecast to 2028

6.3         North America Biochar Market –Volume and Forecast to 2028

7.           North America Biochar Market Analysis – By Feedstock

7.1         Overview

7.2         North America Biochar Market, By Feedstock (2020 and 2028)

7.3         Woody Biomass and Agricultural Waste

7.3.1        Overview

7.3.2        Woody Biomass and Agricultural Waste: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3        Woody Biomass and Agricultural Waste: North America Biochar Market – Volume and Forecast to 2028 (Tons)

7.4         Animal Manure

7.4.1        Overview

7.4.2        Animal Manure: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3        Animal Manure: North America Biochar Market – Volume and Forecast to 2028 (Tons)

7.5         Other Feedstock

7.5.1        Overview

7.5.2        Other Feedstock: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

7.5.3        Other Feedstock: North America Biochar Market – Volume and Forecast to 2028 (Tons)

8.           North America Biochar Market Analysis – By Application

8.1         Overview

8.2         North America Biochar Market, By Application (2020 and 2028)

8.3         Electricity Generation

8.3.1        Overview

8.3.2        Electricity Generation: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

8.3.3        Electricity Generation: North America Biochar Market – Volume and Forecast to 2028 (Tons)

8.4         Agriculture

8.4.1        Overview

8.4.2        Agriculture: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

8.4.3        Agriculture: North America Biochar Market – Volume and Forecast to 2028 (Tons)

8.5         Forestry

8.5.1        Overview

8.5.2        Forestry: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

8.5.3        Forestry: North America Biochar Market – Volume and Forecast to 2028 (Tons)

8.6         Others

8.6.1        Overview

8.6.2        Others: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

8.6.3        Others: North America Biochar Market – Volume and Forecast to 2028 (Tons)

9.           North America Biochar Market – Country Analysis

9.1         Overview

9.1.1        North America: Biochar Market, by Key Country

9.1.1.1          US: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1           US Biochar Market, by Feedstock

9.1.1.1.2          US: Biochar Market, by Application

9.1.1.2          Canada: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          Canada: Biochar Market, by Feedstock

9.1.1.2.2          Canada: Biochar Market, by Application

9.1.1.3          Mexico: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          Mexico: Biochar Market, by Feedstock

9.1.1.3.2          Mexico: Biochar Market, by Application

10.        Company Profiles

10.1      Airex Énergie Inc.

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2      Genesis Industries

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      Black Owl Biochar

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4      Biochar Now, LLC

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      Phoenix Energy

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6      American BioChar Company

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.6.6     Key Developments

10.7      BioForceTech Corporation

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Word Index

LIST OF TABLES

Table 1.             North America Biochar Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             North America Biochar Market –Volume and Forecast to 2028 (Tons)

Table 3.             US Biochar Market, by Feedstock – Revenue and Forecast to 2028 (USD Million)

Table 4.             US Biochar Market, by Feedstock – Volume and Forecast to 2028 (Tons)

Table 5.             US Biochar Market , by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             US Biochar Market, by Application – Volume and Forecast to 2028 (Tons)

Table 7.             Canada: Biochar Market, by Feedstock – Revenue and Forecast to 2028 (USD Million)

Table 8.             Canada Biochar Market, by Feedstock – Volume and Forecast to 2028 (Tons)

Table 9.             Canada Biochar Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          Canada Biochar Market, by Application – Volume and Forecast to 2028 (Tons)

Table 11.          Mexico Biochar Market, by Feedstock – Revenue and Forecast to 2028 (USD Million)

Table 12.          Mexico Biochar Market, by Feedstock – Volume and Forecast to 2028 (Tons)

Table 13.          Mexico Biochar Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 14.          Mexico Biochar Market, by Application – Volume and Forecast to 2028 (Tons)

Table 15.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Biochar Market Segmentation

Figure 2.           North America Biochar Market Segmentation – By Country

Figure 3.           North America Biochar Market Overview

Figure 4.           North America Biochar Market, By Feedstock

Figure 5.           North America Biochar Market, By Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Ecosystem Analysis: North America Biochar Market

Figure 8.           Expert Opinion

Figure 9.           North America Biochar Market Impact Analysis of Drivers and Restraints

Figure 10.        North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 12.        North America Biochar Market Revenue Share, By Feedstock (2020 and 2028)

Figure 13.        Woody Biomass and Agricultural Waste: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Woody Biomass and Agricultural Waste: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 15.        Animal Manure: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Animal Manure: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 17.        Other Feedstock: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Other Feedstock: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 19.        North America Biochar Market Revenue Share, By Application (2020 and 2028)

Figure 20.        Electricity Generation: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Electricity Generation: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 22.        Agriculture: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Agriculture: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 24.        Forestry: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Forestry: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 26.        Others: North America Biochar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Others: North America Biochar Market – Volume and Forecast to 2028 (Tons)

Figure 28.        North America: Biochar Market, by key Country – Revenue (2020) (US$ Million)

Figure 29.        North America: Biochar Market Revenue Share, by Key Country (2020 and 2028)

Figure 30.        US: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Canada: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Mexico: Biochar Market –Revenue and Forecast to 2028 (US$ Million)

                            1. Airex Énergie Inc.               
  1. American BioChar Company          
  2. Biochar Now, LLC               
  3. BioForceTech Corporation             
  4. Black Owl Biochar               
  5. Genesis Industries            
  6. Phoenix Energy 
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