North America Biochar Market Size & Outlook, 2022-2030
North America biochar market, 2018-2030 (US$M)
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North America biochar market highlights
- The North America biochar market generated a revenue of USD 283.4 million in 2022.
- The market is expected to grow at a CAGR of 12.9% from 2023 to 2030.
- In terms of segment, pyrolysis was the largest revenue generating technology in 2022.
- Pyrolysis is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 283.4 million |
| Market revenue in 2030 | USD 746.4 million |
| Growth rate | 12.9% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 59.0% of the global biochar market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 130.3 million by 2030.
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Biochar Market Scope
Biochar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America biochar market outlook
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 64.04% in 2022. Horizon Databook has segmented the North America biochar market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
In North America, awareness about the benefits of using biochar is comparatively higher than that in other regions. The farming community across Canada and the U.S. are aware about the long-term benefits of biochar.
Increasing intake of meat in the region has led to the expansion of livestock and poultry farming. Although biochar production is expensive, a gradual rise in the demand is likely to result in stabilized prices over the forecast period.
The rising number of small-scale producers in the U.S. has also contributed toward improving the economic outlook of pyrolysis as compared to other technologies such as gasification.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America biochar market , including forecasts for subscribers. This continent databook contains high-level insights into North America biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America biochar market size, by country, 2018-2030 (US$M)
North America Biochar Market Outlook Share, 2022 & 2030 (US$M)
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