Biochar Market Is Roaring Worldwide From 2021
The global Biochar Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Biochar refers to charcoal produced by burning waste materials such as wood waste, agricultural waste, forest waste, and animal manure under controlled conditions.The production process of biochar is based on heat rate, residence time, and temperature. Thermal decomposition of biomass in absence of oxygen produces a mixture of liquid (bio-oil), solids (biochar), and gas (syngas) products. Rising demand for organic farming and high crop yield owing to rising population is anticipated to propel biochar market growth. Growing awareness among consumers regarding health benefits of organic food is promoting organic farming. Thereby, farmers are using chemical free products to improve soil fertilization and crop yield. In addition, increasing use of biochar in water treatment process is also expected to impel market growth. The product is capa...