Pune, India, June 13, 2023 (GLOBE NEWSWIRE) — The global biochar market size was worth USD 184.90 million in 2022. The market value is slated to rise from USD 204.69 million in 2023 to USD 204.69 million by 2030 at 11.9% CAGR during the forecast period. Government policies for environment protection to drive the market growth.  Biochar is a charcoal-like material produced from plant materials such as agricultural and forest residues and grass that decay at high temperatures, often during renewable energy production. During the process, the chemical and physical properties of the plant material change into a carbon-rich material, highly porous, and stable as biochar.Market Drivers & Restraints:•     Carbonis GmbH & Co. KG (Germany)
•     Farm2Energy (India)
•     Oregon Biochar Solutions (U.S.)
•     CharGrow LLC (U.S.)
•     Chardust Ltd (Kenya)
•     Safi Organics (Kenya)
•     Charline Gmbh (Austria)
•     Cookswell Jikos (Kenya)
•     Aries Clean Energy (U.S.)
(GlobeNewsWire)