KEY FINDINGS The North America biochar market is expected to hold the highest share by the end of the forecast period of 2017-2025 by exhibiting a CAGR growth of 13.02% and generating around $1550 million.
MARKET INSIGHTS The market is mainly segmented on the basis of feedstock, application, and technology. The ample availability of cheap and wide variety of feedstock combined with the increasing usage of biochar in carbon sequestration process can be majorly attributed to the market boom. However, the lack of incentives and tax rebates and the significant loss of biochar during applications and transportations are proving to be a challenge for the market.
COMPETITIVE INSIGHTS Avello Bioenergy, Diacarbon Energy Inc, Biochar Supreme, Vega Biofuels Inc and Tolero Energy are few of the leading companies in the North American market.