PUBLISHER: Inkwood Research | PRODUCT CODE: 1047083
PUBLISHER: Inkwood Research | PRODUCT CODE: 1047083
The Europe biochar market is predicted to register a CAGR of 14.36% in terms of revenue and 11.82% in terms of volume during the forecast period, 2022-2030. The key factors contributing to market growth include the efforts to regulate biochar products and manufacturing processes and the adoption of biochar in agriculture and horticulture applications.
The European biochar market growth evaluation includes the analysis of Germany, Poland, Russia, France, Belgium, the United Kingdom, Italy, and Rest of Europe. In Russia, bioenergy is emerging as one of the most rising sectors of the economy. The Russia-Japan investments in the biomass sector are likely to foster the biochar market in Russia. In countries like Poland, researchers, entrepreneurs, and other stakeholders for biochar are carrying out research for biochar's potential for soil bioremediation, agriculture potential, and energy sources. In Spain, researchers have developed a biochar blend to improve the quality of soil, and it has yielded encouraging results. In countries like Denmark and Sweden, developing advanced farming techniques and promoting competitive agricultural production as part of government initiatives are steering the market growth.
In France, the rising production of field-scale crops has resulted in regenerative farming systems like organic and agro-ecological agriculture that can sequester 1 ton of carbon per hector. In addition, government initiatives on climate change have led to increased use of biochar, given its potential to minimize greenhouse gases by trapping carbon in the soil.
Some of the established market players include: Farm2Energy, Bioenergy Earth Systems, Carbofex, Biochar Industries, etc.