Algae Market report categorizes the global market by Cultivation Technology (Raceway Ponds Cultivation, Open Ponds Cultivation, Closed Fermenter Systems Cultivation, Closed Photo Bioreactor Cultivation), and Application (Marine Sector, Road Transport
Advanced Biofuel Market report categorizes the global market by Fuel Type , by Raw Material by Process Type, and by Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025
Follow Us: Algae Biofuel Market is expected to reach USD 10.73 billion by 2025 The global algae biofuel market is expec...
Follow Us: Algae Biofuel Market Research Report to 2025 The global algae biofuel market is expected to reach USD 10.73 billion by 2025, Depleting fossil fuel resources as well as rising awareness towards environment protection is expected to be the key factor for driving industry growth. Algae has the ability to offer 2 to 20 times higher yield than existing biofuel feedstock including corn stover, corn, sorghum and beet which is likely to open new avenues for the industry growth over the projected period. Increasing R&D conducted by numerous startup companies as well as various oil & gas majors, and university-led research consortiums are expected to propel production of the over the projected period. However, technological challenges and high capital investment in algae biomass and fuel production are expected to limit the industry growth. Browse Full Research Report @:http://www.radiantinsights.com/research/algae-biofuel- market The global algae biofuel market is expected to reach USD 10.73 billion by 2025, Depleting fossil fuel resources as well as rising awareness towards environment protection is expected to be the key factor for driving industry growth." Follow Us: Growing demand for low cost, reliable and sustainable energy sources to ease acute vulnerability to petroleum supply chain and meet the rising fuel demand by automotive and aviation sector is expected to have a positive impact on the industry growth over the forecast period. The industry is experiencing three major hurdles including maintaining algae biomass cultivation consistency across various regions and climates, high water demand for algae production and lack of technology innovation to commercial scale up. As a result, the market is expected to foresee regional partnerships and collaborations to capitalize the production and technology exchange for large scale productions. Request A Sample Copy of This Report at: http://www.radiantinsights.com/research/algae-biofuel-market/request-sample Further Key Findings from the Study Suggest: Transportation is expected to dominate the algae biofuel market accounting over 70% of the overall demand by 2025, owing to its high potential to replace diesel and gasoline in automotive vehicles In Europe, the demand for the product in transportation application is expected to grow at a CAGR of over 12% from 2018 to 2025. High demand for biodiesel in the European countries owing to the government regulations and high adoption rate in the region is expected to propel industry growth. North America is expected to be the largest market accounting over 30%, owing to high investment by the start-up companies and the U.S. government to support renewable energy sector over Asia Pacific is expected to grow at a CAGR of over 8% to reach the revenue of over 2 billion by 2025, owing rapid technological advancements and low raw material costs in the region In 2010, the U.S. based Solazyme, Inc. delivered over 36,000 liters of 100% algae- derived biofuel to the U.S. Navy, for testing and certification purpose, which was seen as key step towards product commercialization The major players in the algae biofuel industry include Algenol, Blue Marble Production, Solazyme Inc., Sapphire Energy, Culture Biosystems, Origin Oils Inc., Proviron, Genifuels, Algae Systems, Solix Biofuels, Algae Production Systems and Reliance Life Sciences Follow Us: Table of Contents: 1. Methodology And Scope 2. Executive Summary 3. Algae Biofuel Market Variables, Trends & Scope 4. Algae Biofuel Market: Application Estimates & Trend Analysis 5. Algae Biofuel Market: Regional Estimates & Trend Analysis 6. Competitive Landscape 7. Company Profiles List of Tables: TABLE 1 North America algae biofuel market volume, by application, 2018 - 2025 (Million gallons) TABLE 2 North America algae biofuel market revenue, by application, 2018 - 2025 (USD Million) TABLE 3 U.S. algae biofuel market volume, by application, 2018 - 2025 (Million gallons) TABLE 4 U.S. algae biofuel market revenue, by application, 2018 - 2025 (USD Million) TABLE 5 Europe algae biofuel market volume, by application, 2018 - 2025 (Million gallons) TABLE 6 Europe algae biofuel market revenue, by application, 2018 - 2025 (USD Million) TABLE 7 Asia Pacific algae biofuel market volume, by application, 2018 - 2025 (Million gallons) TABLE 8 Asia Pacific algae biofuel market revenue, by application, 2018 - 2025 (USD Million) TABLE 9 Rest of the world algae biofuel market volume, by application, 2018 - 2025 (Million gallons) TABLE 10 Rest of the world algae biofuel market revenue, by application, 2018 - 2025 (USD Million) List of Figures: FIG. 1 Market summary FIG. 2 Market trends & outlook FIG. 3 Market segmentation & scope FIG. 4 Microencapsulation - Value chain analysis FIG. 5 Market Dynamics FIG. 6 Market driver relevance analysis (Current & future impact) FIG. 7 Market restraint relevance analysis (Current & future impact) FIG. 8 Penetration & growth prospect mapping See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/chemicals Follow Us: About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. 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