Algae Biofuel Market to Reach $10.7 Billion by 2025 - Growing Demand for Low Cost, Reliable & Sustainable Energy Sources - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Algae Biofuel Market, 2018 - 2025" report to their offering.

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.

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.

Companies Mentioned

  • Algenol
  • Blue Marble Production
  • Solazyme Inc.
  • Sapphire Energy
  • Culture Biosystems
  • Origin Oils Inc.
  • Genifuels
  • Algae Systems
  • Solix Biofuels
  • Production Systems
  • Reliance Life Sciences
  • AlgaEnergy
  • Cellana
  • Culture Biosystems
  • Proviron

Key Topics Covered:

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

For more information about this report visit http://www.researchandmarkets.com/research/kf8nsr/algae_biofuel

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Biofuels

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Biofuels