Biochar Market is Expected to Grow at 15% CAGR Says a Global Report at RnRMarketResearch.com
Dallas, Texas (PRWEB) May 20, 2015 -- The new report on Global Biochar Market 2015-2019 says one of the main factors restricting the commercialization of biochar is the cost of biochar manufacturing equipment. However, investment is made in the R&D of biochar production technologies, which is expected to reduce the manufacturing cost of biochar. Also, governments worldwide is providing grants and subsidies to support capital for biochar production equipment. They are investing in R&D through public-private partnerships that have enhanced the production of innovative biochar equipment. These factors will help reduce the cost of biochar significantly in the next five years.
The Global Biochar Market 2015-2019 complete report of 89 Pages is available at http://www.rnrmarketresearch.com/global-biochar-market-2015-2019-market-report.html. The report provides 39 List of Exhibits and also provides analysis on market growth drivers, challenges, trends and their impact. Biochar is charcoal that is used for specific purposes, including as a soil amendment. According to the latest report on biochar markets, various types of biomass can be used as feedstock for the production of biochar, including agriculture and forestry waste, industrial byproducts, residential waste, animal wastes and municipal sewage.
The analysts forecast the global biochar market to grow at a CAGR of 15.46% over the period 2014-2019. According to the report on biochar market, the advantages of biochar carbon sequestration projects, including reduction of greenhouse gas emissions are propelling market growth as carbon can be retained in the soil for a long period of time. Most of the feedstock is in the form of waste from various sectors like residential, agriculture and forestry. This wide availability of feedstock means there’s a constant supply of cheap raw materials for the production of biochar.
The global biochar market analysis report also emphasizes the growing investment in technological R&D and alternative financing mechanisms. One of the main factors restricting the commercialization of biochar is the cost of biochar manufacturing equipment. However, investment made in R&D of biochar production technologies is expected to reduce the manufacturing costs of biochar, thus boosting its availability through the forecast period.
Purchase a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=376019.
Key Vendors: Agri-Tech Producers LLC, BioChar Products, Diacarbon Energy Inc., Pacific Biochar Pty Ltd.
The report recognizes the following companies as the key players in Global Biochar Market 2015-2019: Agri-Tech Producers LLC, Biochar Products, Diacarbon Energy Inc. and Pacific Biochar Pty Ltd.
Other Prominent Vendors in the market are: Phoenix Energy, Advanced BioRefinery, Avello Bioenergy, Biochar Now, Biochar Supreme, Biogreen-Energy, DynaMotive Energy Systems, Encendia Biochar, Green Harvest Group, International Tech and Tolero Energy.
Further, the report Global Biochar Market 2015-2019, states that a lack of demonstration projects acts as a growth barrier for the market.
Other Related Reports:
Global Biomass Pellets Market 2015-2019: Analysts forecast the Global Biomass Pellets market to grow at a CAGR of 11.0% over the period 2014-2019. One key trend emerging in the market is increased focus on renewable technology for power generation. With increasing pollution and carbon emissions from fossil-based power generation there has been increased focus on adapting renewable energy technologies such as biomass, solar, wind, tidal, and geothermal energy for power generation.
Key Vendors: Energex Corporation, Forest Energy Corporation, Helius Energy, New England Wood Pellet, Woodstone
Other Prominent Vendors: Forth Energy, International WoodFuels and MGT Power
Market Driver - Lower Greenhouse Gas Emissions from Biomass
Market Challenge - Increase in Cost of Biomass Pellets
Market Trend - Increased Focus on Renewable Technologies for Power Generation
Global Biomass Power Generation Market 2014-2018 (Get 20% Discount on this report till May 22, 2015): Analysts forecast the Global Biomass Power Generation market will grow at a CAGR of 7.06% over the period 2013-2018. With the increase in the level of investments in the Biomass industry, there have been advances in technology as well. There has been a recent upsurge worldwide where co-firing of biomass with coal is considered as a carbon-neutral fuel to reduce the emissions from thermal power plants. Thus, there has been increasing demand for adopting biomass-based power generation along with traditional methods of power generation using fossil fuels.
Key Vendors: Areva SA, Drax Group plc, Helius Energy, Vattenfall AB
Other Prominent Vendors: Energex, Forth Energy, Laidlaw Energy Group and MGT Power
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