Transparency Market Research Algae Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2016 - 2024 Published Date 20-Sept-2016 236 Page Report Buy Now Request Sample Press Release Demand for Algae Cultivation on the Rise as Need for Biofuel Soars across Energy Sector, finds TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Algae Market REPORT DESCRIPTION Algae Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2016 - 2024 Algae Market: Snapshot The global algae market is developing at a gradual pace around the world, with a number of algae oil production facilities yet to be fully commercialized. Growing concerns regarding the emission of greenhouse gases have driven the adoption of renewable energy sources, algae being a prominent one. Apart from a rising demand for algae-based biofuels in road, marine, and aviation applications, the plastics industry has also upped its demand for algae to produce biodegradable plastics. The global algae market was valued at US$608.0 mn in 2015 and is projected to reach US$1.1 bn by 2024, at a CAGR of 7.39% therein. In terms of volume, the market is poised to expand at a 5.32% CAGR between 2016 and 2024. Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=14804 Low Investment Requirements Drive Adoption of Open Pond Cultivation Technology In terms of cultivation technology, the algae market has been classified into open ponds cultivation technology, raceway ponds cultivation technology, closed photo bio-reactors, and closed fermenter systems. On a global scale, more than 80% of algal biomass is generated through open pond cultivation technology. Open pond cultivation systems require low investment and as a result are utilized on a larger scale. However, in recent years, established players such as Algae Tec and Solazyme, Inc. have been investing more on emerging cultivation technologies such as closed photo bioreactors and fermenter systems for better productivity under the close monitoring of automated systems. Transparency Market Research 2 Algae Market Closed photo bio-reactors are an emerging technology used to promote biological growth by controlling environmental parameters such as light. The only disadvantages presented by this technology are high capital costs and long payback periods. Surge in Algae Cultivation in North America a Key Contributing Factor In terms of geography, the global algae market comprises North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In 2015, North America led the global algae market. Countries such as the U.S., Canada, and Mexico house more than 135 companies engaged in algae cultivation and this is a key factor driving the algae market in the region. The North America algae market is single-handedly driven by the U.S., constituting around 86.4% of the market by volume and around 87.6% by value in 2016. The U.S. is anticipated to dominate the algae market through 2024 thanks to the expansion of production facilities and efforts to overcome the demand-supply gap. The North America algae market is considerably more mature than other regional markets such as Europe, Asia Pacific, Latin America, and MEA. Browse Market Research Report with ToC & Free Analysis : http://www.transparencymarketresearch.com/algae-market.html Countries in Asia Pacific are focusing on algal biotechnology in wastewater bioremediation and CO2 capture and utilization. Asia Pacific hosts five of the top 10 carbon emitters in the world –India, China, Japan, Indonesia, and Iran – who contribute to more than 40% of the global emissions. Strong movements are under way to fully commercialize the production of biofuels from algae. Currently, more than 50% of the algae produced through various cultivation technologies are utilized in DHA production to manufacture chemical components for medicines, health foods, cosmetics, and food additives. Key players in the global algae market include Algae Tec, Pond Biofuels Incorporated, LiveFuels, Inc., Algae Systems LLC, Sapphire Energy, Inc., Solazyme, Inc., Diversified Energy Corporation, Algenol, Kai BioEnergy Corp., Algix, DSM Nutritional Products, Dao Energy, LLC, Phycal LLC, and Kent BioEnergy Corporation. Transparency Market Research 3 Algae Market TABLE OF CONTENT 1. Preface 1.1 Report Scope and Market Segmentation 1.2 Research Highlights 1.3 Research Objectives 1.4 Key Questions Answered 2. Assumptions and Research Methodology 2.1 Report Assumptions 2.2 Abbreviations Used 2.3 Research Methodology 3. Executive Summary 3.1 Global Algae Market Size, by Market Value (US$ Mn) and Market Value Share, by Region 3.2 Key Trends 4. Market Overview 4.1 Segregation Overview Transparency Market Research 4 Algae Market 4.2 Market Indicators: Global Algae Market 4.3 Drivers, Restraints & Opportunities 4.4 Global Algae Market Analysis and Forecasts, 2016 – 2024 4.6 Porter’s Five Force Analysis 4.7 Value Chain Analysis 4.8 Global Algae Market Analysis and Forecasts, 2015 – 2024 5. Global Algae Market Analysis and Forecasts, by Application 5.1 Key Findings 5.2 Introduction 5.3 Key Trends 5.4 Market Size (US$ Mn) (Tons) Forecast By Application 5.4.1. Marine Sector 5.4.2. Aviation Sector 5.4.3. Road Transport 5.4.4. DHA Production (Protein Sales) 5.4.5. DHA Production (Pharmaceutical Applications) 5.4.6. Bioplastics 5.4.7. Others 5.5 Application Comparison Matrix Transparency Market Research 5 Algae Market 5.6 Market Attractiveness Analysis by Application 6. Global Algae Market Analysis, by Cultivation Technology 6.1 Key Findings 6.2 Introduction 6.3 Key Trends 6.4 Market Size (US$ Mn) (Tons) Forecast By Cultivation Technology 6.4.1. Open Ponds Cultivation Technology 6.4.2. Raceway Ponds Cultivation Technology 6.4.3. Closed Photo bioreactor Cultivation Technology 6.4.4. Closed Fermenter Systems Cultivation Technology 6.5 Cultivation Technology Comparison Matrix 6.6 Market Attractiveness Analysis by Cultivation Technology 7. Global Algae Market Analysis, by Region 7.1 Global Regulatory Scenario 7.2 Algae Market Forecast by Region (US$ Mn & Tons) 7.3 Market Attractiveness Analysis, by Region 8. North America Algae Market Analysis Transparency Market Research 6 Algae Market 8.1 Key Findings 8.2 North America Algae Market Overview 8.3 North America Market Value Share Analysis, by Application 8.4 North America Market Value Share Analysis, by Cultivation Technology 8.5 North America Market Value Share Analysis, by Country 8.5.1 The U.S. Algae Market Analysis 8.5.2 Canada Algae Market Analysis 8.5.3. Mexico Algae Market Analysis 8.6 North America Market Attractiveness Analysis 8.6.1 By Application 8.6.2 By Cultivation Technology 8.6.3 By Country 8.7 North America Market Trends 9. Europe Algae Market Analysis 9.1 Key Findings 9.2 Europe Algae Market Overview 9.3 Europe Market Value Share Analysis, by Application 9.4 Europe Market Value Share Analysis, by Cultivation Technology 9.5 Europe Market Value Share Analysis, by Country Transparency Market Research 7 Algae Market 9.5.1 Germany Algae Market Analysis 9.5.2 Russia Algae Market Analysis 9.5.3 U.K. Algae Market Analysis 9.5.4 Rest of Europe Algae Market Analysis 9.6 Europe Market Attractiveness Analysis 9.6.1 By Application 9.6.3 By Cultivation Technology 9.6.4 By Country 9.7 Europe Market Trends 10. Asia Pacific Algae Market Analysis 10.1 Key Findings 10.2 Asia Pacific Algae Market Overview 10.3 Asia Pacific Market Value Share Analysis, by Application 10.4 Asia Pacific Market Value Share Analysis, by Cultivation Technology 10.5 Asia Pacific Market Value Share Analysis, by Country 10.5.1 India Algae Market Analysis 10.5.2 China Algae Market Analysis 10.5.3 Australia Algae Market Analysis 10.5.4 Rest of Asia Pacific Algae Market Analysis Transparency Market Research 8 Algae Market 10.6 Asia Pacific Market Attractiveness Analysis 10.6.1 By Application 10.6.3 By Cultivation Technology 10.6.4 By Country 10.7 Asia Pacific Market Trends 11. Middle East & Africa (MEA) Algae Market Analysis 11.1 Key Findings 11.2 Middle East & Africa (MEA) Algae Market Overview 11.3 Middle East & Africa (MEA) Market Value Share Analysis, by Application 11.4 Middle East & Africa (MEA) Market Value Share Analysis, by Cultivation Technology 11.5 Middle East & Africa (MEA) Market Value Share Analysis, by Country 11.5.1 Saudi Arabia Algae Market Analysis 11.5.2 Nigeria Algae Market Analysis 11.5.3 South Africa Algae Market Analysis 11.5.4 Rest of Middle East & Africa (MEA) Algae Market Analysis 11.6 Middle East & Africa (MEA) Market Attractiveness Analysis 11.6.1 By Application 11.6.3 By Cultivation Technology 11.6.4 By Country Transparency Market Research 9 Algae Market 11.7 Middle East & Africa (MEA) Market Trends 12. Latin America Algae Market Analysis 12.1 Key Findings 12.2 Latin America Algae Market Overview 12.3 Latin America Market Value Share Analysis, by Application 12.4 Latin America Market Value Share Analysis, by Cultivation Technology 12.5 Latin America Market Value Share Analysis, by Country 12.5.1 Brazil Algae Market Analysis 12.5.2 Argentina Algae Market Analysis 12.5.3 Peru Algae Market Analysis 12.5.3 Rest of Latin America Algae Market Analysis 12.6 Latin America Market Attractiveness Analysis 11.6.1 By Application 11.6.3 By Cultivation Technology 11.6.4 By Country 12.7 Latin America Market Trends 13. Company Profile 13.1 Algae Market Share Analysis by Company (2015) Transparency Market Research 10 Algae Market 13.2 Competition Matrix 13.3 Key Players 13.3.1 Algae Tec 13.3.1.1 Company Overview 13.3.1.2 Financial Overview 13.3.1.3 Business Strategy 13.3.1.4 SWOT Analysis 13.3.1.5 Recent Developments 13.3.2 Pond Biofuels Incorporated 13.3.2.1 Company Overview 13.3.2.2 Financial Overview 13.3.2.3 Business Strategy 13.3.2.4 SWOT Analysis 13.3.2.5 Recent Developments 13.3.3 LiveFuels, Inc. 13.3.3.1 Company Overview 13.3.3.2 Financial Overview 13.3.3.3 Business Strategy 13.3.3.4 SWOT Analysis 13.3.3.5 Recent Developments Transparency Market Research 11 Algae Market 13.3.4 Algae Systems LLC 13.3.4.1 Company Overview 13.3.4.2 Financial Overview 13.3.4.3 Business Strategy 13.3.4.4 SWOT Analysis 13.3.4.5 Recent Developments 13.3.5 Sapphire Energy, Inc. 13.3.5.1 Company Overview 13.3.5.2 Financial Overview 13.3.5.3 Business Strategy 13.3.5.4 SWOT Analysis 13.3.5.5 Recent Developments 13.3.6 Solazyme, Inc. 13.3.6.1 Company Overview 13.3.6.2 Financial Overview 13.3.6.3 Business Strategy 13.3.6.4 SWOT Analysis 13.3.6.5 Recent Developments 13.3.7 Diversified Energy Corporation 13.3.7.1 Company Overview Transparency Market Research 12 Algae Market 13.3.7.2 Financial Overview 13.3.7.3 Business Strategy 13.3.7.4 SWOT Analysis 13.3.7.5 Recent Developments 13.3.8 Algenol 13.3.8.1 Company Overview 13.3.8.2 Financial Overview 13.3.8.3 Business Strategy 13.3.8.4 SWOT Analysis 13.3.8.5 Recent Developments 13.3.9 Kai BioEnergy Corp. 13.3.9.1 Company Overview 13.3.9.2 Financial Overview 13.3.9.3 Business Strategy 13.3.9.4 SWOT Analysis 13.3.9.5 Recent Developments 13.3.10 Algix 13.3.10.1 Company Overview 13.3.10.2 Financial Overview 13.3.10.3 Business Strategy Transparency Market Research 13 Algae Market 13.3.10.4 SWOT Analysis 13.3.10.5 Recent Developments 13.3.11 DSM Nutritional Products 13.3.11.1 Company Overview 13.3.11.2 Financial Overview 13.3.11.3 Business Strategy 13.3.11.4 SWOT Analysis 13.3.11.5 Recent Developments 13.3.12 Dao Energy, LLC 13.3.12.1 Company Overview 13.3.12.2 Financial Overview 13.3.12.3 Business Strategy 13.3.12.4 SWOT Analysis 13.3.12.5 Recent Developments 13.3.13 Phycal LLC 13.3.13.1 Company Overview 13.3.13.2 Financial Overview 13.3.13.3 Business Strategy 13.3.13.4 SWOT Analysis 13.3.13.5 Recent Developments Transparency Market Research 14 Algae Market 13.3.14 Kent BioEnergy Corporation 13.3.14.1 Company Overview 13.3.14.2 Financial Overview 13.3.14.3 Business Strategy 13.3.14.4 SWOT Analysis 13.3.14.5 Recent Developments Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Transparency Market Research 15 Algae Market Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : http://globalresearchanalysis.blogspot.in/ Transparency Market Research 16
The global algae market is developing at a gradual pace around the world, with a number of algae oil production facilities yet to be fully commercialized. Growing concerns regarding the emission of greenhouse gases have driven the adoption of renewable energy sources, algae being a prominent one. Apart from a rising demand for algae-based biofuels in road, marine, and aviation applications, the plastics industry has also upped its demand for algae to produce biodegradable plastics. The global algae market was valued at US$608.0 mn in 2015 and is projected to reach US$1.1 bn by 2024, at a CAGR of 7.39% therein. In terms of volume, the market is poised to expand at a 5.32% CAGR between 2016 and 2024.
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