Biochar Market forecast

A recent market intelligence on the biochar landscape tracks the global scenario of biochar market. The report indicates that sales of biochar equaled 1,800 tons in 2018, which are likely to see an impressive 13% Y-o-Y rise by the end of 2019. Other than the high sustainability quotient and carbon negative peculiarity of biochar, the sales will remain highly influenced by its potential applicability in water filtration, storm water management, and green infrastructure practices.

Increasing awareness about the application of biochar in soil as a viable substitute for traditional forms of mineral amendments and the ability to strengthen the ecological aspects of bioenergy engineering, are upholding the gains in market. The multifunctional positive impacts of biochar solidifying its position in the strategy to eradicate CO2 from the atmosphere is garnering substantial prominence in the market. Moreover, while growing consideration of its potential to assist the climate change mitigation will remain the strong booster to a progressing sales scenario in coming years.

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