2023 Global Biochar Market Report

Mar 26, 2024 | 0 comments

On behalf of the International Biochar Initiative (IBI) and the US Biochar Initiative (USBI), we are pleased to share the 2023 Global Biochar Market Report, the first biochar industry-led global report since 2015.

Biochar has come into its own as a CDR technology, a circular climate change mitigation and adaptation solution, and as an input material for agriculture, the built environment, and soil and water remediation work, among other sectors. This report highlights the growth in the biochar industry, along with priorities, challenges, and insights, gathered during a 2023 survey.

“The results from this survey highlight the growth in the biochar industry as it emerges as a key CDR technology. At the same time, the survey sends a clear message that developing high volume, high value markets for biochar is a key challenge.”

— Myles Gray, Programs Director, USBI

Biochar is a system, and this market research confirms the interconnectedness of market demand, carbon credits, physical biochar benefits and uses. The versatility of the biochar system to solve multiple climate change problems, including but not limited to carbon removal, shines through this report.”

— Lucia Brusegan, Board Chair, IBI

Continue reading and download the report at International Biochar Initiative