Biochar, a type of charcoal, is extracted through the process of pyrolysis and carbonization, where it is generated as a by-product. This charcoal helps in increasing agricultural output, preventing soil-borne diseases, and improving soil quality. The high carbon content of this charcoal helps in improving the soil quality. Biochar based on batch pyrolysis kiln, gasifier and cookstove, microwave pyrolysis, and continuous pyrolysis technologies is being increasingly used to improve soil quality, which is deteriorating due to the extensive use of chemical fertilizers, large-scale mining activities, and faulty agricultural practices.
Moreover, the surging deforestation rate will also help the
biochar market advance at an exceptional CAGR of
17.1% during 2016–2023. According to P&S Intelligence, the
market generated $4.27 million revenue in 2015. Deforestation is primarily
caused due to the large-scale adoption of commercial agriculture practices,
such as the cultivation of oil palm and soya bean and cattle ranching, and
local subsistence agriculture. The increasing use of forest land for
agriculture practices weakens the topsoil layer and reduces soil fertility due
to the loss of biodiversity.
Additionally, the burgeoning need to enhance crop yield, on
account of the booming global population, will also fuel the usage of biochar
as it can reduce nitrogen leaching in groundwater, increase the water
absorption capacity of the soil, raise the soil microbial count, and decrease
soil acidity. According to the United Nations Department of Economic and Social
Affairs (UNDESA), the global population will reach 9.7 billion in 2050 and could
reach its peak by around 2100, with approximately 11 billion.
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In recent years, the governments of various countries and
numerous non-governmental organizations have initiated multiple projects to
encourage the usage of biochar in several soil-related applications. For
instance, the International Biochar Initiative (IBI), a non-government
organization, offers a platform for promoting stakeholder collaboration,
environmental and ethical standards, and good industry practices to support
biochar systems that are economically viable and safe. IBI aims to produce 1
billion tons of biochar per year up to 2056.
Biochar produced by Agri-Tech Producers LLC, Diacarbon
Energy Inc., Pacific Pyrolysis Pty Ltd., Full Circle Biochar, Vega Biofuels
Inc., The Biochar Company, Cool Planet Energy Systems Inc., Biochar Products
Inc., Genesis Industries, and Green Charcoal International is derived from
agriculture waste, biomass plantation, animal manure, and forestry waste. These
companies use gasification, slow pyrolysis, and fast and intermediate pyrolysis
process to produce biochar. In the recent past, the producers have preferred
forestry waste over other feedstocks.
Globally, the North American region led the biochar market
in the recent past due to considerable demand for agricultural products and the
constant focus of the agrarian community on improving soil quality and
increasing crop yield. Moreover, the rapid degradation in soil texture and
quality, owing to the large-scale consumption of chemical fertilizers and
extensive mining and deforestation, also enhances the consumption of biochar,
because of its potential to reduce soil acidity and the quantity of nitrogen
leaching into groundwater.