Substantial Adoption in Agriculture Sector Navigate Global Biochar Market on Fruitful Path
The global biochar market, which was valued at US$ 4.2 Mn in 2018, is projected to flourish at a stellar CAGR of 14% through the forecast period according to a new market study by XploreMR. The growth of the market is primarily driven by increasing adoption in the electricity and power generation sector as an alternative to charcoal and growing usage in agricultural activities.
Furthermore, rising concerns across the world regarding the environment and widening availability of affordable feedstock have been instrumental in driving demand in North America, which is anticipated to remain a prominent regional market for biochar.
Enriching Natural Properties Bestows Lucrative Opportunities in Agriculture Sector
A recently compiled report of XploreMR, titled “Biochar Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019-2029,” offers an in-depth analysis on the biochar market worldwide. Size of the biochar market has been studies in detail and is provided in terms of value (US$ Mn) and volume (tons). The report also gives an in-depth analysis and projection on the various segments and the competitive landscape of the biochar market.
Chapter 1 - Biochar Market Executive Summary
A concise summary of the biochar market is provided in the first chapter of the report, which offers a synopsis of significant findings in the market, and information on the market structure. Opportunity assessment for various companies operating in the biochar market has been given with the aid of Wheel of Fortune. Key trends that are impacting the biochar market growth have also been mention in this section of the report.
Chapter 2- Biochar Market Overview
Biochar Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2019 to 2029Buy Now
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