Market revenue in 2022 | USD 14.8 million |
Market revenue in 2030 | USD 46.6 million |
Growth rate | 15.4% (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 65.54% in 2022. Horizon Databook has segmented the Latin America biochar market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Environmental conditions in the Central & South America region have always been an important concern for farmers and agricultural communities. The government across countries of the region are now focusing on increasing crop yield by utilizing high-quality agricultural inputs.
The demand for biochar is gradually rising due to its characteristics that suffice soil amendments and ensures nutrient retention in soil. Apart from agricultural sector, the region’s strongest biogas markets include Brazil, Paraguay and Argentina among others.
Sabesp produces biogas that they extract from their water treatment facilities, producing around 2,500 Nm³ of biogas daily. Scania intends on utilizing their produced biogas to power their commercial vehicle fleet in Brazil and eventually expand across the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America biochar market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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