Biochar Industry Analysis in East Asia
Sales Analysis of Biochar in East Asia By Technology (Pyrolysis, Gasification, Hydrothermal Carbonization), By Application (Farming, Livestock, Electricity Generation) and By Country - 2023 to 2033
Analysis of Biochar Industry Covering Countries Include Analysis of China, Japan and Korea.
Biochar Sales Outlook for East Asia (2023 to 2033)
Revenue from the sales of biochar in East Asia is estimated at US$ 377.4 million in 2023, as per the detailed research published by Fact.MR. The market is projected to expand at a remarkable CAGR of 17.6% and reach a size of US$ 1.92 billion by 2033-end.
Traction for biochar in East Asia is increasing owing to its potential to address several challenges associated with the environment and agriculture. As a popular charcoal form, it is manufactured from organic materials, which is further contributing to its popularity across the region.
Growing initiatives taken by regional governments to support biochar consumption are positively influencing trends. In addition, agricultural practices and raising awareness about environmental and sustainability concerns are also projected to give an affirmative outlook to biochar sales.
A mix of large-scale and small-scale producers along with agricultural organizations and technology providers are present in East Asia. Sales of biochar in East Asia are not limited to the region rather manufacturers are exporting it to various other parts of the globe and thus contributing to global trade.
|Biochar Sales in Europe (2023E)||US$ 377.4 Million|
|Projected Sales (2033F)||US$ 1.92 Billion|
|Demand Growth (2023 to 2033)||17.6% CAGR|
|Sales in China (2023E)||US$ 200.5 Million|
|Sales in Japan (2033F)||US$ 720 Million|
|Demand Volume for Farming (2033F)||582 Million Metric Tons|
|Pyrolysis Segment Growth Rate (2023 to 2033)||17.7% CAGR|
|Key Companies Profiled||
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Why is Biochar a Popular Solution in East Asia?
“Environmental Concerns Boosting Biochar Demand as Sustainable Solution”
Growing awareness related to the various pressing environmental issues is predicted to drive demand for biochar in East Asia. Rising concerns about climate change, air pollution, and soil degradation are predicted to push industries, governments, and individuals to opt for sustainable solutions to overcome these challenges.
Air pollution is one of the key health concerns in various countries from East Asia owing to multiple factors, including urbanization, industrial emissions, etc. Production of biochar can be adopted as an eco-friendly process to reduce the release of numerous volatile organic compounds and harmful particulate matter into the atmosphere. Moreover, biochar can also find applications to remediate and filter air pollution with the absorption of odors and contaminants in urban green spaces.
“Increasing Use of Biochar to Improve Food Security”
East Asia, similar to numerous regions around the world is confronted with the formidable task of nourishing a rapidly growing regional population. Therefore, this demographic expansion is predicted to put immense pressure on the regional agricultural sector to increase production and also ensure long-term sustainability with environmental preservation. Biochar’s ability to address these challenges about food security and agriculture is predicted to bolster its demand.
Contribution of biochar in East Asia cannot be overstated for food security and agriculture. The feature of biochar to enhance crop yields is predicted to make it a more compelling choice to promote sustainable farming practices and improve food security. With the adoption of biochar, multiple agricultural challenges are addressed in East Asia to contribute to a more secure and resilient food supply.
Why is Demand for Biochar Skyrocketing in China?
“Growing Adoption of Biochar for Soil Improvement and Agricultural Productivity”
|Market Value (2023E)||US$ 200.5 Million|
|Growth Rate (2023 to 2033)||17% CAGR|
|Projected Value (2033F)||US$ 966 Million|
The sales of biochar in China are growing due to multiple reasons with a combination of economic, agricultural, and environmental factors. Biochar is well-known because of its feature to improve soil quality by improving water-holding capacity, increasing nutrient retention, and promoting some beneficial microbial activity. Biochar finds application as a soil amendment to improve and restore agricultural lands in China.
Which Attributes of Biochar Make it Popular in Japan?
“Growing Adoption of Biochar Due to Environmental and Agricultural Benefits”
|Market Value (2023E)||US$ 132.7 Million|
|Growth Rate (2023 to 2033)||18.4% CAGR|
|Projected Value (2033F)||US$ 720 Million|
Environmental and agricultural benefits of biochar are projected to boost its demand in Japan. The country faces certain issues related to soil contamination owing to historical disasters, including the Fukushima nuclear accident and Industrial activities. Biochar can be used as a remedy against contaminated soil by reducing pollutant's mobility and absorbing them thus making it more valuable for numerous environmental remediation efforts.
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What is the Contribution of Pyrolysis in East Asia?
“Significant Contribution of Pyrolysis Biochar for Highly Stable Yield”
|Segment Value (2023E)||US$ 322.2 Million|
|Growth Rate (2023 to 2033)||17.7% CAGR|
|Projected Value (2033F)||US$ 1.64 Billion|
In the East Asian region, biochar pyrolysis technology is used for the production of more effective pyrolysis biochar products. In the region, the rising production of pyrolysis biochar is attributed to its use to get highly stable as well as carbon content yield.
Biochar from organic waste helps increase the production of biomass. It is also used to enhance soil fertility, which is further driving growth opportunities for the regional players.
Why is the Farming Sector a Prominent User of Biochar in East Asia?
“Crop Diversity in East Asia Making Biochar Versatile Solution”
|Segment Value (2023E)||US$ 258.7 Million|
|Growth Rate (2023 to 2033)||17.4% CAGR|
|Projected Value (2033F)||US$ 1.28 Billion|
Application of biochar in the agricultural sector is predicted to increase crop yields. By promoting beneficial microbial activity and improving nutrient availability in the soil, it offers the optimal conditions that are helpful for plant growth. Production of higher crop yield in East Asia is crucial to match the food requirements of the expanding population of the region.
Key Market Players
Key suppliers of biochar in East Asia are Liaoning Jinhefu, Hubei Jinri Ecological Energy, SEEK, Shandong Green Carbon Technology, Jiangsu Tianyiyuan Agriculture Technology, Pacific Biochar, NextChar, Agrilution, Biochar Supreme, Green Charcoal, and Biomass Solution. They are investing at a noteworthy rate in new development, management of supply chain systems, maintaining product standards, etc.
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Competitive landscape highlights only certain players
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Segmentation of Biochar Study in East Asia
By Technology :
- Hydrothermal Carbonization
By Application :
- Livestock Farming
- Electricity Generation
By Country :
- South Korea
- FAQs -
Sales of biochar in East Asia are estimated at US$ 377.4 million in 2023.
Demand for biochar in East Asia is predicted to accelerate at a CAGR of 17.6% from 2023 to 2033.
Sales of biochar are forecasted to reach US$ 1.92 billion by 2033-end.
Revenue from biochar in Japan is forecasted to reach US$ 720 million by 2033.
Regional demand for pyrolysis is predicted to increase at 17.7% CAGR from 2023 to 2033.