[ad#The Buzz Sponsor Ad]

43.1% Annual Growth Forecast for Algae Industry

July 8, 2012
AlgaeIndustryMagazine.com

The total global market for algae biofuels technologies shows double-digit growth potential over the short term future, for a projected annual “average growth of 43.1%, that will lead the market volume from $271 million in 2010 to $1.6 billion in 2015,” according to a recent report from SBI Energy Reports. The study, Algae Biofuels Technologies – Global Market and Product Trends 2010-2015, provides an overview of the immediate future market for algae biofuels production technologies and presents industry, financing and investment trends in the algae biofuels sector.

The primary factors that affect the size and growth of algae biofuels technology markets, detailed in the report, are factors relating to investment, technological advancement and business development, as well as market factors that spur demand for algae biofuels. These have been buoyed by various factors including public and private R&D, industry investment from the public sector and other industries, fossil fuel prices, and general regulatory support for biofuels. These factors combine to indicate the total global market described in the report for algae biofuels technologies.

The study suggests that algae biofuels companies must gauge the prospects of their technology under development – or value of their algae biofuels projects – through market and product trends, and outlines pertinent trends affecting the real and prospective value of algae biofuels (along with the associated technologies) compared to alternative biofuels and petroleum.

For more info:  http://www.sbireports.com/Algae-Biofuels-Technologies-7039727/

More Buzz…

Go to HOME Page

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
Haley Gray reports for 5280.com that Upslope Brewing Company, in Boulder, Colorado, is one step closer to its goal of becoming a zero-waste brewery. The craft beer maker ...
Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and PIVEG, Inc., a leader in high-specification ingredients ...
If you’re a fan of the television show “Shark Tank”, you won't want to miss the episode that airs this Friday, November 18th 9:00-10:00 p.m. EST on ABC Television, when C...
Forbes is running an interview with Bren Smith, an Ashoka Fellow and the founder of GreenWave, an organization dedicated to restoring oceans, mitigating climate change an...
Fraunhofer-Gesellschaft reports in Science Daily that two algae species survived 16 months on the exterior of the International Space Station (ISS) despite extreme temper...
Dan Wood, at the University of Connecticut, writes that assistant extension educator of marine aquaculture at UConn’s Avery Point Campus, Anoushka Concepcion, spoke about...