Biochar Market Industry Trends and Forecast to 2034
Biochar is a carbon-rich material produced by heating organic biomass in a low-oxygen environment, a process known as pyrolysis. It is primarily used in agriculture, soil amendment, and carbon sequestration due to its ability to enhance soil fertility and capture carbon dioxide, contributing to climate change mitigation.
The average growth pattern predicts that the worldwide Biochar Market will reach USD 3,429.58 million in 2034. The analysis also anticipates that the market will develop at a compound annual growth rate (CAGR) of 16.2% between 2024 and 2034. According to