Algae Biofuel Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Request Brochure Request Discount

Report Code: ZMR-2891 | Report Format : | Status : Upcoming |

Abstract

Global Algae Bio-fuel Market: Overview

Algae biofuel is an alternative to liquid fossil fuels, generated by specific algae species from carbon dioxide. It is found everywhere within the biosphere and generates a large amount of oxygen in the earth’s atmosphere. It also forms a large quantity of organic carbon in the form of coal and petroleum. Unlike fossil fuel, algae biofuel and other biofuels only release CO2 via photosynthesis as the algae or plant grew. Algae biofuels act as renewable alternatives to fossil fuels and other biofuel sources such as sugarcane, sorghum, beetroot, and corn. Algae’s role in the development of the earth’s biosphere is of unique importance.

Global Algae Bio-fuel Market: Growth Factor

Algae biofuel market is now in growing phase due to increasing demand for fuels, growing regulatory policies and government support, the volatility and the supply of fossil fuels, accelerating transportation services. The other environmental benefits of algae biofuel also serve to drive the market.

However, there are some restraining factors which may affect the growth of the market like high production cost which is a major challenge for algal biofuel market. Also, the withdrawal of the major algae biofuel commercial project has restrained the growth of the market.

As The global algae biofuel market is expected to witness high growth, as many market players and government are interested to invest in research and development activities to reduce the operating cost.

Global Algae Bio-fuel market: Segmentation

The Algae biofuel market is segmented by type of biofuel produced by algae and by its application. On the basis of types of biofuel, the algae market is classified into bioethanol, biodiesel, methane, jet fuel, biobutanol, biogasoline, green diesel and some others. Some of the applications of algae biofuel market include transportation, aerospace, and others.

Global Algae Biofuel Market: Regional Analysis

Geographically, North America holds the largest share in the algae biofuel market owing to favorable government policies toward renewable resources such as alga biofuel. In theUS, the growing use of gasoline for various applications such as sports vehicles, small aircraft, electricity generators, and cars is accelerating the demand for the market. Moreover, the US Department of energy is more interested in investment. Europe has significant demand for algae biofuel, especially in the biodiesel applications. Due to increasing transportation industry and increasing government initiative in producing alternative biofuel, there is the profitable growth of algae biofuel market in the Asia Pacific. In Latin America and the Middle East, the demand for fossil fuels is accumulating due to growing industrialization and automobile industry. The Middle East has a huge potential for algae production as there is a desirable condition for the production of algae biofuel such a presence of extensive coastline, favorable climate condition and a large number of power plants.

Global Algae Biofuel Market: Competitive player

Some of the key players in the market include Algenol biofuels, Blue Marble Production, Solazyme, Sapphire Energy, Diversified Technologies Inc. Origin Oils Inc. Proviron, Genifuels, Qeshmmicrolage Biorefinery Co.(QMAB), among others.

Global Algae Biofuel Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Oxygenated Solvents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-2956 | Report Format:

Global Oxygenated Solvents Market: Overview Oxygenated solvent is majorly an organic solvent, which includes oxygen molecules. It is widely utilized in pharmaceuticals, paints, fragrances, inks, adhesives, detergents, cosmetics, agrochemicals, food, and cleaning products. Oxygenated solvents als...Read More

Spray Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3599.00 | Report Code: ZMR-2949 | Report Format:

Global Spray Adhesives Market: Overview Spray adhesives are the mixtures stored in an aerosol tin and used for industrial application. These are multipurpose and manufactured in various colors, sizes, shapes and by different mechanisms. These are a good substitute for hot glue, white glue, tapes...Read More

Polyethylene Market by Types (High Density Polyethylene, Low Density Polyethylene and Others) by Applications (Wires, Plumbing, Automotives, and Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)- Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

May-2018 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-2946 | Report Format:

Polyethylene is a vinyl polymer manufactured from ethylene monomer via polymerization reaction. Polyethylene characteristically is a single molecule of long-chain carbon atoms having two hydrogen atoms bonding with a carbon atom each. High-density polyethylene and low ethylene polyethylene are two...Read More

Acrylic Emulsions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3599.00 | Report Code: ZMR-2942 | Report Format:

Global Acrylic Emulsions Market: Overview Acrylic emulsions are quick-drying paints composed of pigments that are acrylic polymer suspended and formed into an emulsion. These are water-soluble and water resistant when dried and mainly used in painting and coating sector. Also, these are colloida...Read More

Lubricants Market by Product (Greases, Bio-based, Synthetic and Mineral oil) by Application (Industrial, Automotive, Marine and Aerospace) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

May-2018 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-2938 | Report Format:

The report covers forecast and analysis for the lubricants market on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the lubricants market along with the...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.