Analysts’ Viewpoint on U.S. Biochar Market
The increasing application of biochar in carbon sequestration and soil amendment is driving the biochar market in U.S. In addition, it can be used in waste water treatment, energy production, and as fuel. Manufacturers operating in the U.S. biochar market are making efforts to increase awareness about the product. Dearth of knowledge about sustainable biochar practices and various other applications of biochar in consumers is a major factor affecting the market growth. Requirement of huge cost for biochar project is another factor hampering the growth of the biochar market in the U.S. However, rise in the number of market players in the U.S. biochar market, along with increase in research activities associated with biochar is expected to accelerate market expansion during the forecast period.
Biochar is made from thermal decomposition of biomass, without using oxygen. It is a porous and solid material produced from the carbonization of biomass. It is increasingly being used in various applications such as gardening, research, agriculture (large farms), and household. Key market players are focusing on increasing the production of biochar for using it in agricultural field to increase soil productivity. Biochar significantly improves the soil fertility by increasing crop yield. The consistent use of fertilizers in order to improve crop yield may increase the acidity in soil. This demands the use of carbon-based additives to neutralize the soil. This factor is considered to be a major growth driver for the U.S. biochar market.
Biochar offers various health benefits for soil, as it retains water as well as water-soluble nutrients. Agricultural specialists are using biochar for improving water quality by retaining agrochemicals and soil nutrients. Moreover, biochar is hygroscopic in nature. It can absorb and hold water from the surrounding environment.
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The U.S. biochar market is expected to witness incremental growth opportunities due to the emergence of small- and medium-scale manufacturers of biochar. Furthermore, key contributors in the U.S. biochar market are focusing on research & development activities to explore fast and cost-effective methods of producing biochar. Rising support from governments to boost research activities by providing financial help is expected to drive the market growth in the upcoming years.
Manufacturers are offering biochar in pure form in order to meet the requirement of farmers and gardeners in U.S. Thus, rise in adoption of safe and environment-friendly biochar products is creating lucrative opportunities for manufacturers operating in the U.S. biochar market. The biochar manufacturers are more likely to produce economical products with the help of several research and studies by professionals.
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Biochar is gaining attention in U.S. as it reduces emission through carbon sequestration. In addition, increasing awareness about environmental pollution and carbon emission due to rise in usage of fossil fuels is expected to create value-grab opportunities for biochar manufacturers in U.S. Biochar acts as a carbon sink and its capability to sequester carbon is expected to boost soil fertility and improve agricultural productivity.
Furthermore, rising use of biochar in waste management is likely to drive its demand further, thus propelling the U.S. biochar market.
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Farmers and gardeners are focusing on generating potential revenue opportunities by producing biochar for their own use. They make use of low cost production methods to produce biochar such as stoves and burners. However, several market players use two popular methods - slow pyrolysis and fast pyrolysis - to produce biochar and various other products such as such as bio-oil, bio-chemicals, etc. Both of these techniques are simple and cost-efficient. There is an increasing implementation of the slow pyrolysis technique in the U.S. Further, the availability of favorable locations for producing biochar is an important factor in the development of the biochar industry. The location near to the vicinity of feedstock producing areas or demand centers reduces the production cost to a large extent.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 1.4 Mn |
Market Forecast Value in 2031 |
US$ 9.49 Mn |
Growth Rate (CAGR) |
19% |
Forecast Period |
2022-2031 |
Quantitative Units |
US$ Mn for Value and Tons for Volume |
Market Analysis |
It includes cross segment analysis at U.S. level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview. |
Competition Landscape |
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Format |
Electronic (PDF) + Excel |
Market Segmentation |
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Country Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
U.S. Biochar Market – Segmentation
TMR’s research study assesses the U.S. biochar market in terms of application. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the U.S. biochar market.
Application |
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Country |
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1. Executive Summary
1.1. Biochar Market Snapshot
1.2. Current Market and Future Potential
2. Market Overview
2.1. Market Segmentation
2.2. Market Trends
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Biochar Manufacturers
2.6.2. List of Potential Customers
3. COVID-19 Impact Analysis
4. U.S. Biochar Market Analysis and Forecast, Application, 2022–2031
4.1. Introduction and Definitions
4.2. U.S. Biochar Market Volume (Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031
4.2.1. Gardening
4.2.2. Agriculture (Large Farms)
4.2.3. Household
4.3. U.S. Biochar Market Attractiveness, by Application
5. Competition Landscape
5.1. BioChar Products, CharGrow, LLC, Cool Planet Energy Systems, Inc., Full Circle Biochar, Genesis Industries, LLC, Hawaii Biochar Products, LLC, Three Dimensional Timberlands, LLC, Tolero Energy, LLC, and Vega Biofuels, Inc.
5.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
5.2.1. BioChar Products
5.2.1.1. Company Description
5.2.1.2. Business Overview
5.2.1.3. Financial Overview
5.2.1.4. Strategic Overview
5.2.2. CharGrow, LLC
5.2.2.1. Company Description
5.2.2.2. Business Overview
5.2.2.3. Financial Overview
5.2.2.4. Strategic Overview
5.2.3. Cool Planet Energy Systems, Inc
5.2.3.1. Company Description
5.2.3.2. Business Overview
5.2.3.3. Financial Overview
5.2.3.4. Strategic Overview
5.2.4. Full Circle Biochar
5.2.4.1. Company Description
5.2.4.2. Business Overview
5.2.4.3. Financial Overview
5.2.4.4. Strategic Overview
5.2.5. Genesis Industries, LLC
5.2.5.1. Company Description
5.2.5.2. Business Overview
5.2.5.3. Financial Overview
5.2.5.4. Strategic Overview
5.2.6. Hawaii Biochar Products, LLC
5.2.6.1. Company Description
5.2.6.2. Business Overview
5.2.6.3. Financial Overview
5.2.6.4. Strategic Overview
5.2.7. Three Dimensional Timberlands, LLC
5.2.7.1. Company Description
5.2.7.2. Business Overview
5.2.7.3. Financial Overview
5.2.7.4. Strategic Overview
5.2.8. Tolero Energy, LLC
5.2.8.1. Company Description
5.2.8.2. Business Overview
5.2.8.3. Financial Overview
5.2.8.4. Strategic Overview
5.2.9. Vega Biofuels, Inc.
5.2.9.1. Company Description
5.2.9.2. Business Overview
5.2.9.3. Financial Overview
5.2.9.4. Strategic Overview
6. Primary Research: Key Insights
7. Appendix
List of Tables
Table 1: U.S. Biochar Market Volume (Tons) Forecast, by Application, 2022–2031
Table 2: U.S. Biochar Market Value (US$ Mn) Forecast, by Application, 2022–2031
List of Figures
Figure 1: U.S. Biochar Market Volume Share Analysis, by Application, 2020, 2025, and 2031
Figure 2: U.S. Biochar Market Attractiveness, by Application