Market revenue in 2022 | USD 40.4 million |
Market revenue in 2030 | USD 130.3 million |
Growth rate | 15.8% (CAGR from 2022 to 2030) |
Largest segment | Pyrolysis |
Fastest growing segment | Pyrolysis |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Pyrolysis, Gasification |
Key market players worldwide | Pacific Biochar, ArSta Eco, Carbon Gold, Airex Industries, Biochar Solutions |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biochar market will help companies and investors design strategic landscapes.
Pyrolysis was the largest segment with a revenue share of 65.84% in 2022. Horizon Databook has segmented the Asia Pacific biochar market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
The region comprises agricultural-driven economies such as India, Thailand, Vietnam, and Sri Lanka, lack of awareness about the benefits of the use of biochar has reflected low volume consumption until early 2010.
However, along with a strong economic surge across these developing nations, various agricultural committees and governments have been training farmers about the importance of utilizing agricultural inputs such as fertilizers and biochar among others.
Biochar is a crucial additive in biogas production, and Asia Pacific is moving toward the circular economy, which highlights the necessity of biogas and anaerobic digestion in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biochar market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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