Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation
This study assesses the status of hydrothermal carbonization (HTC) technology and identifies barriers hindering its commercial viability. Conducting a global survey among HTC companies (with a total of 24 surveys sent), the research evaluates the current landscape, challenges, and future prospects o...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-03-01
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| Series: | Agronomy |
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| Online Access: | https://www.mdpi.com/2073-4395/14/3/541 |
| _version_ | 1797242430154604544 |
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| author | Gianluigi Farru Fabiano Bisinella Scheufele Daniela Moloeznik Paniagua Fritz Keller Changyoon Jeong Daniele Basso |
| author_facet | Gianluigi Farru Fabiano Bisinella Scheufele Daniela Moloeznik Paniagua Fritz Keller Changyoon Jeong Daniele Basso |
| author_sort | Gianluigi Farru |
| collection | DOAJ |
| description | This study assesses the status of hydrothermal carbonization (HTC) technology and identifies barriers hindering its commercial viability. Conducting a global survey among HTC companies (with a total of 24 surveys sent), the research evaluates the current landscape, challenges, and future prospects of large-scale HTC operations. Furthermore, it presents a detailed global inventory of existing HTC facilities, illustrating geographical distribution and trends in application. Most of the companies are located in Europe, followed by Asia and North America. With substantial participation from HTC companies, exceeding 62% in the survey (15 companies), the study provides a comprehensive overview of diverse companies, their business models, regulatory challenges, and the overall state of HTC technology. The majority of companies in this study, approximately 80%, offer services in the field of waste management. This paper also explores the potential of HTC in transforming waste management practices, carbon sequestration methodologies, and the development of new materials. Employing a thorough SWOT analysis, the paper advocates for a broader adoption of HTC, emphasizing its transformative capacity in fostering sustainable management of urban, industrial, and agricultural residues, promoting circular economy principles, mitigating climate change, and offering a robust foundation for informed decision-making and sustainable development strategies. |
| first_indexed | 2024-04-24T18:39:05Z |
| format | Article |
| id | doaj.art-adf5e11daa014186b995539ae847266a |
| institution | Directory Open Access Journal |
| issn | 2073-4395 |
| language | English |
| last_indexed | 2024-04-24T18:39:05Z |
| publishDate | 2024-03-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Agronomy |
| spelling | doaj.art-adf5e11daa014186b995539ae847266a2024-03-27T13:16:50ZengMDPI AGAgronomy2073-43952024-03-0114354110.3390/agronomy14030541Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward ImplementationGianluigi Farru0Fabiano Bisinella Scheufele1Daniela Moloeznik Paniagua2Fritz Keller3Changyoon Jeong4Daniele Basso5Department of Civil and Environmental Engineering and Architecture, University of Cagliari, Via Marengo 2, 09123 Cagliari, ItalyPostgraduate Program in Bioprocess Engineering and Biotechnology, Federal Technological University of Paraná—UTFPR, Campus Toledo, Cristo Rei Str. 19, Vila Becker, Toledo 85902-490, PR, BrazilLeibniz Institute of Agricultural Engineering and Bio-Economy e.V. (ATB), 14469 Potsdam, GermanyAssociation Act4carbon e.V., Berliner Ring 73, 72076 Tuebingen, GermanyRed River Research Station, Louisiana State University AgCenter, Bossier City, LA 7112, USAHBI Srl, Via A. Volta 13/A, 39100 Bolzano, ItalyThis study assesses the status of hydrothermal carbonization (HTC) technology and identifies barriers hindering its commercial viability. Conducting a global survey among HTC companies (with a total of 24 surveys sent), the research evaluates the current landscape, challenges, and future prospects of large-scale HTC operations. Furthermore, it presents a detailed global inventory of existing HTC facilities, illustrating geographical distribution and trends in application. Most of the companies are located in Europe, followed by Asia and North America. With substantial participation from HTC companies, exceeding 62% in the survey (15 companies), the study provides a comprehensive overview of diverse companies, their business models, regulatory challenges, and the overall state of HTC technology. The majority of companies in this study, approximately 80%, offer services in the field of waste management. This paper also explores the potential of HTC in transforming waste management practices, carbon sequestration methodologies, and the development of new materials. Employing a thorough SWOT analysis, the paper advocates for a broader adoption of HTC, emphasizing its transformative capacity in fostering sustainable management of urban, industrial, and agricultural residues, promoting circular economy principles, mitigating climate change, and offering a robust foundation for informed decision-making and sustainable development strategies.https://www.mdpi.com/2073-4395/14/3/541hydrothermal processesHTC companiessustainable technologyhydrocharcarbon sequestrationcircular economy |
| spellingShingle | Gianluigi Farru Fabiano Bisinella Scheufele Daniela Moloeznik Paniagua Fritz Keller Changyoon Jeong Daniele Basso Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation Agronomy hydrothermal processes HTC companies sustainable technology hydrochar carbon sequestration circular economy |
| title | Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation |
| title_full | Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation |
| title_fullStr | Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation |
| title_full_unstemmed | Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation |
| title_short | Business and Market Analysis of Hydrothermal Carbonization Process: Roadmap toward Implementation |
| title_sort | business and market analysis of hydrothermal carbonization process roadmap toward implementation |
| topic | hydrothermal processes HTC companies sustainable technology hydrochar carbon sequestration circular economy |
| url | https://www.mdpi.com/2073-4395/14/3/541 |
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