info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

Biochar: A New Solution To Climate Change in Agricultural Sector

By Anshula Mandaokar , 18 July, 2023

Climate change is leading to the invention of various alternatives for saving the earth's ecosystem. The agricultural sector has come up with an adaptation of biochar, which consequently adds a lot of benefits to the soil. Better working of the microbes for the ideal habitat leads to biochar being adapted in crop production by 15 percent. Biochar market revenue for 2023 is USD 541.8 million globally, up from USD 507.2 million in 2022.

For various reasons, biochar is more enriching than other fertilizers for nutrients. The component is more porous and stores nutrients, providing the plants at the right time. It is more environmentally friendly due to less nutrient draining, resulting in higher crop production. The pyrolysis technology for biochar production led to a revenue share of more than 64 percent in 2022, giving a higher production rate with stability. Since biochar production helps retain water and fertilizer holding competency, it is used widely in the agricultural sector. This sector witnessed a revenue share of more than 76 percent for biochar in 2022. Also, the demand is rising in developing economies to cope with waste management. Biochar is known for controlling soil acidity and capturing carbon back in the soil.

A recent study states that biochar is a best practice for optimizing the soil and other benefits. It is the best fit for adaptations in forestry and farming. In the traditional method of decomposition of crop fields, 10-20 percent of carbon is recycled into the soil, while in biochar, this can be up to 50 percent. Studies have also shown that the release of nitrous oxide and methane can be reduced up to 18 percent and 3 percent, respectively, using biochar.

Biochar is a good alternative for preserving soil quality, long-term sustainability, and being environmentally friendly.

Global Biochar Market

Global-Biochar-Market.jpg

Latest News

Growth.png
DeepSeek vs. ChatGPT: A New Challenger Emerges in the AI Arena one

The AI landscape is rapidly evolving, with new large language models (LLMs) constantly emerging and competing for dominance in a market poised for explosive growth. While the generative AI market is estimated to grow from USD 40 billion in 2024 to…

Read More

scenario.png
New Innovation in 2024 can Lead to Increasing Solar Panel Output in 2024

The green energy revolution in the energy sector is progressing rapidly in 2024. It is driving the global demand for renewables—renewable energy production results from the clean energy transition in the energy sector. Several innovations and…

Read More

storm.png
Geomagnetic Storms may Affect United States Power Supply in 2024

Geomagnetic storms in 2024 will affect America's power supply in the coming years. North America experiences geomagnetic storms, one after the other, within two months. The risk of geomagnetic storms is growing significantly due to increasing…

Read More

2023.png
Surveys Shows UK to Increase Wind Power Prices to Maintain Progress in Clean Energy Transition

The United Kingdom is increasing its clean energy goals in 2024. The nation strives to meet its clean energy ambitions in the next five years. Hence, it shows that the UK needs to implement specific rules and policies to increase the pace of clean…

Read More

respectively.png
Net-Zero Goals to Drive Copper Demand in Future

Copper is an essential element in the energy sector. Its demand is growing significantly due to the clean energy transition in 2024. A survey conducted in 2024 shows that net-zero targets are driving the copper demand in the energy sector. Copper is…

Read More

Author Pic
Anshula Mandaokar

Team Lead - Research