South Korea Enriched Biochar Market Size & Outlook

The enriched biochar market in South Korea is expected to reach a projected revenue of US$ 0.4 million by 2030. A compound annual growth rate of 7.2% is expected of South Korea enriched biochar market from 2023 to 2030.
Revenue, 2022 (US$M)
$0.2
Forecast, 2030 (US$M)
$0.4
CAGR, 2023 - 2030
9.1%
Report Coverage
South Korea

South Korea enriched biochar market highlights

  • The South Korea enriched biochar market generated a revenue of USD 0.2 million in 2022 and is expected to reach USD 0.4 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
  • In terms of segment, agriculture was the largest revenue generating application in 2022.
  • Turfs is the most lucrative application segment registering the fastest growth during the forecast period.


Enriched biochar market data book summary

Market revenue in 2022USD 0.2 million
Market revenue in 2030USD 0.4 million
Growth rate7.2% (CAGR from 2022 to 2030)
Largest segmentAgriculture
Fastest growing segmentTurfs
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAgriculture, Gardening, Turfs, Other Applications
Key market players worldwideCarbon Gold, CharGrow, SymSoil, Inc., bio365, Engrow


Other key industry trends

  • In terms of revenue, South Korea accounted for 0.5% of the global enriched biochar market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China enriched biochar market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2.1 million by 2030.

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Enriched Biochar Market Companies

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South Korea enriched 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 enriched biochar market will help companies and investors design strategic landscapes.


Agriculture was the largest segment with a revenue share of 50% in 2022. Horizon Databook has segmented the South Korea enriched biochar market based on agriculture, gardening, turfs, other applications covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea enriched biochar market , including forecasts for subscribers. This country databook contains high-level insights into South Korea enriched biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea enriched biochar market size, by application, 2018-2030 (US$M)

South Korea Enriched Biochar Market Outlook Share, 2022 & 2030 (US$M)

South Korea enriched biochar market size, by application, 2018-2030 (US$M)

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