Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Asia-Pacific Biochar Market Size, Share & Trends Analysis Report by Technology (Gasification, Pyrolysis), Application (Agriculture (Animal Farming, Industrial Uses), Others), Country (India, China, Japan), and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific biochar market size is anticipated to reach USD 130.3 million by 2030, expanding at a CAGR of 16.1% from 2024 to 2030
The increasing demand for organic produce for farming, management of agricultural waste, and reduction in carbon emissions are driving factors for biochar market growth. 
Biochar has carbon-rich properties; it can absorb carbon twice the capacity of its weight. It has the ability to absorb and immobilize pollutants from the contaminated soil which makes it viable for soil and water remediation projects. Research studies are conducted by universities in the region to study application of biochar in construction materials in absorption of carbon as an air filter, reducing carbon emissions from concrete.
Asia Pacific Biochar Market Report Highlights
Based on technology, the pyrolysis segment held the largest market share of 30.60% in 2023 and is expected to retain its dominance over the forecast period. The rise in demand for renewable energy and increased environmental awareness is driving growth for the segment. Pyrolysis uses thermal decomposition of organic waste and offers biochar with higher content of carbon
Based on application, the agriculture segment held the largest market share in 2023. The market is driven by biochar's ability to improve soil health, reduce the need for fertilizers, and sequester carbon, which helps combat climate change. Additionally, converting agricultural waste into biochar offers a sustainable waste management solution. Technological advancements and growing awareness among farmers contribute to its popularity in sustainable farming practices
The others segment is expected to grow at the fastest CAGR over the forecast period. Biochar has applications beyond agriculture and is used at landfills for waste management of organic waste. In September 2023, Government of Korea announced new plans to promote use of biochar. The government aims for carbon neutral Korea and foster toward sustainable biochar market
Australia held the largest revenue share in 2023. Australian soils are highly weathered, and nutrient-poor, with issues such as salinity and erosion. Biochar significantly improves soil health by enhancing nutrient retention, water-holding capacity, and microbial activity, which are critical for agricultural productivity in Australia's challenging soil conditions
In February 2024, Singapore based Biochar Developer Alcom Carbon Markets (ACM) closed Pre-Series A funding round securing total investment of USD 5 million.Capital Code, Singapore-based climate-focused and agri-food investment firm, led the funding round.
Company Profiles
- Biochar Products, Inc.
- Biochar Supreme, LLC
- ArSta Eco
- Carbon Gold Ltd
- Airex Energy Inc.
- Pacific Biochar Benefit Corporation
- Biochar Ireland
- Swiss Biochar GmbH
- Sonnenerde GmbH
- De Pyro power
- Stiesdal
- Novocarbo
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 70 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $46.2 Million |
| Forecasted Market Value (USD) by 2030 | $130.3 Million |
| Compound Annual Growth Rate | 16.1% |
| Regions Covered | Asia Pacific |
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Asia-Pacific Biochar Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Distribution Channel Analysis
3.2.2. Raw Material Trends
3.2.3. Technological Overview
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter's Five Forces Analysis
3.5.2. Macro-environmental Analysis
Chapter 4. Asia-Pacific Biochar Market: Technology Estimates & Trend Analysis
4.1. Technology Movement Analysis & Market Share, 2023 & 2030
4.2. Biochar Market Estimates & Forecast, by Technology, 2018 to 2030 (Kilo Tons) (USD Million)
4.3. Pyrolysis
4.4. Gasification
Chapter 5. Asia-Pacific Biochar Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Asia-Pacific Biochar Market Estimates & Forecast, by Application, 2018 to 2030 (Kilo Tons) (USD Million)
5.3. Agriculture
5.3.1. Agriculture Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.3.1.1. Farming
5.3.1.2. Livestock
Chapter 6. Asia-Pacific Biochar Market: Country Estimates & Trend Analysis
6.1. Country Movement Analysis & Market Share, 2023 & 2030
6.2. Asia-Pacific
6.2.1. Asia-Pacific Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.2.2. China
6.2.2.1. Key Country Dynamics
6.2.2.2. China Biochar Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.2.3. Japan
6.2.4. India
6.2.5. Malaysia
6.2.6. Australia
Chapter 7. Asia-Pacific Biochar Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map/Position Analysis, 2023
7.4. Strategy Mapping
7.4.1. Expansion
7.4.2. Mergers & Acquisition
7.4.3. Partnerships & Collaborations
7.4.4. New Product Launches
7.4.5. Research and Development
For more information about this report visit https://www.researchandmarkets.com/r/7hyp9x
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