Biochar- a revolution in the fertilizer industry

The Report: Biochar Market Report, by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 – 2021

“The ability to reduce carbon dioxide emission, ability to increase the fertility and application as a fertilizer and water, air purifier is driving global market for Biochar”. The companies trading in Biochar globally are seeing bullish prospects; many other companies are expected to enter this booming market. Most of the companies are producing Biochar at small scale which is a solid opportunity to big players who consider Biochar as an opportunity market.

The currently used fertilizers have harmful effects to the environment. The cost of conducting the process for making Biochar is lesser than other conventional processes for making fertilizers. The companies need to go through strict government regulations. The various environmental concerns associated with the process is also a major challenge for the industry. However, Biochar generation is comparatively of lower cost than the cost of generation of conventional fertilizers. Thus companies are looking forward for alternative and more eco friendly product. It is also found that Biochar implementation can emit most of 12% of GHG on an annual basis.

“However, the high recovery rate, lack of awareness and other health and safety issues are major entry level barrier in the industry. Moreover, the newness of Biochar hasn’t succeeded to win over conventional fertilizers due to which, the companies have faced setbacks in various locations due to such challenges.”

In Europe and Asia, raw material availability and high demand are the key motivators. However, companies have faced various operational issues from the local government. Moreover, Biochar still counts on its eco-friendly and organic properties may overcome public perception challenges as it is implemented at a commercial scale.

Special Funding Programs for Development and Deployment of Carbon Capture, Sequestration, and Conversion Technologies Creates a special funding program for the development and deployment of carbon capture, sequestration, and conversion technologies. However, new technologies such as gasification & pyrolysis which are considered as more environment friendly and more efficient can be the right choice for US companies. Moreover, agreements with local governments may help to overcome the regulatory issues.

“Biochar- a revolution in the fertilizer industry”

The industry demands for an eco friendly approach. The current process though incurring less cost, however, are can be made more effective with adoption of new technologies. Biochar companies are required to attract investments from local governments to overcome the operation challenges in the adoption of the new technologies and should do something to uplift the awareness level.

Updated: January 19, 2016 — 11:49 am

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