Market revenue in 2022 | USD 121.5 million |
Market revenue in 2030 | USD 363.9 million |
Growth rate | 14.7% (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 65.68% in 2022. Horizon Databook has segmented the Europe biochar market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
In terms of volume, Europe was the second-largest biochar market in 2022. The region has few smallscale biochar producers, yet the number of companies is expected to grow in foreseeable future due to the increasing demand for the product from agriculture sector.
Currently, manufacturers produce in a small volume, which does not make biochar production a commercially viable venture. Therefore, companies, such as 3R ENVIRO TECH Group, are building larger production facilities, which would be operational in the next few years.
Although there are numerous gasification and torrefaction projects in the region producing biochar for research purposes, yet pyrolysis technology will be the more viable technology in the region due to its ability to produce higher volumes as compared to other technologies.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biochar market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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