Algae Market Foreseen to Grow Exponentially by 2027

1. Algae Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

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3. Global 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. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Global Liquid Packaging Market: Segmental Insights • On the basis of application, the global market for chitosan can be segmented into cosmetics, water treatment, industrial, biomedicine and pharmaceuticals, food and beverages, agrochemical, and industrial. • Amongst these, the demand for chitosan for waste water treatment has been rising at an astral rate due to the pressing demand for drinkable water across all regional pockets. • Furthermore, the stipulation of regulations with regards to water treatment has also enhanced the growth prospects of the global market for chitosan.

5. 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. ©2019 Transparency Market Research, All Rights Reserved

6. Key Players in the Global Algae Market Algae Tec Pond Biofuels Incorporated LiveFuels, Inc Algae Systems LLC Sapphire Energy, Inc. Solazyme, Inc. Diversified Energy Corporation Algenol ©2019 Transparency Market Research, All Rights Reserved

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