Future of Biochar Market Along with Key Drivers, Major Manufactures, Business Insights, Trends and Forecast 2030

Biochar Market Overview and Insights:
According to Introspective Market Research, The Global Biochar Market size is expected to grow from USD 1.13 billion in 2022 to USD 2.92 billion by 2030, at a CAGR of 12.6% during the forecast period (2023-2030).

Biochar is a carbon-rich material produced from the pyrolysis or thermal decomposition of biomass in the absence of oxygen. Biochar is produced through a process called pyrolysis, which involves heating biomass (such as wood, agricultural residues, or organic waste) in a low-oxygen or oxygen-free environment. This thermal decomposition process breaks down the organic matter into char, leaving behind a carbon-rich material known as biochar. One of the primary uses of biochar is as a soil amendment to improve soil quality and fertility. When applied to soil, biochar can enhance soil structure, increase nutrient retention, promote microbial activity, and improve water retention and drainage. Biochar is considered a form of carbon sequestration, as it locks carbon dioxide (CO2) from the atmosphere into stable carbon compounds in the soil