Michael Molen Shares Vega Biofuels Named Key Player in Global Biochar Market Industry Analysis

Business News/AnalysisCarbon Capture/Storage/UseCo-ProductsFarming/GrowingGeorgiaInfrastructureMarketing/Market Forces and SalesR & D FocusSustainability
December 15, 2014
Print This Article Share it With Friends

(Vega Biofuels/Stock News Now/MarketWired)  Biochar Market to Be Valued at $572 Million by 2020.  VEGA BIOFUELS, INC. (OTC PINK: VGPR) announced today that a recent market research analysis named Vega as a "key player" in the fast growing Biochar market.
Transparency Market Research recently published an in-depth report titled "Global Biochar Market Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014-2020." According to the findings of the report, the Biochar market revenue globally was $229.3 million as of 2013, and is projected to hit $572.3 million by 2020, registering a 14.8% CAGR from 2013 to 2020. In terms of volume, global commercial production of Biochar is poised to grow from 100 kilo tons to 300 kilo tons between 2013 and 2020, charting a CAGR 20.1%.
The report highlights key players within the global Biochar market and provides a detailed overview of each company. Vega Biofuels was named as a leading participant in the Biochar industry.
Vega's Biochar is a highly absorbent specially designed charcoal-type product primarily used as a soil enhancement for the agricultural industry to significantly increase crop yields. The Company's Biochar offers a powerfully simple solution to some of today's most urgent environmental concerns. The production of Biochar for carbon sequestration in the soil is a carbon-negative process.
The report states that in 2013, North America accounted for 55% of the global Biochar production volume, followed by Asia-Pacific with 23%, Europe with 20% and the Rest of the World region with 2%. Some of the key factors fueling the growth of the Biochar market are availability of cheaper feedstock, potential for waste management, environment friendliness, and scope for food and water security. Moreover, there have been growing efforts and R&D activities by research institutes in the field of Biochar that has boosted the market. Conferences and promotional activities across the globe have propagated the benefits and applicability of Biochar at various levels.
"We are proud to be recognized by the global Biochar industry," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "Due to the quality of our Biochar product, our Grow with Us marketing campaign has drawn a lot of attention from all over the world. We are in the process of expanding our marketing efforts by using resellers that can reach markets that we are not currently involved in. The Transparency Market Research Report shows just how big the Biochar market is."   READ MORE   Access report


https://advancedbiofuelsusa.info/vega-biofuels-named-key-player-in-global-biochar-market-industry-analysis/

Comments

Post a Comment

Popular posts from this blog

  Michael Molen and Vega Biofuels, Inc. Releases Extensive Evaluation Report Conducted on Its Bio-Coal Energy Product December 15, 2016 14:29 ET | Source: Vega Biofuels NORCROSS, GA--(Marketwired - Dec 15, 2016) -  Vega Biofuels, Inc. ( OTC PINK : VGPR ), today announced a successful evaluation of the Company's Bio-Coal product was recently completed by Western Research Institute at the request of a large domestic utility company. The results confirmed that Vega's Bio-Coal product can be used to replace traditional coal in coal-fired power plants. Bio-Coal is a renewable energy product made from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions. Vega Biofuels, Inc. recentl...
Read more
  Michael Molen Announces Vega Biofuels increases production capacity Published by Francesca Brindle , Editorial Assistant Hydrocarbon Engineering , Thursday, 10 November 2016 10:55 Vega Biofuels, Inc. (the company), has announced that the construction of the company's fourth generation torrefaction machine has been completed and includes a pre-dryer to speed up production time. Torrefaction is a special process technology that converts timber into a renewable energy alternativ...
Read more
  Michael Molen Announces Vega Biofuels, Inc. Expands Capabilities of Generation 4 Torrefaction Machine Demand for New Applications for Bio-Coal Driving Company's Marketing Focus NORCROSS, Georgia , February 3, 2017 /PRNewswire/ -- Vega Biofuels, Inc. (OTCPink: VGPR), announced today that it has expanded its manufacturing capabilities to include multiple sizes of its bio-coal product to meet recent demand.  Bio-Coal is a renewable, green energy product made from timber waste using unique technology called torrefaction.  Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions.  Vega Biofuels, Inc. recently announced that the Company filed a Provisional Patent Application with the U.S. Patent and Trademark Office under the title "Method and Apparatus for Torrefying Biomass".  The application disclosure relates generally to wood used as a fuel source, and more particularly to systems, metho...
Read more