Los Angeles, CA -- (SBWIRE) -- 12/31/2018 -- This report studies the global Algae Biofuel market status and forecast, categorizes the global Algae Biofuel market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Algae Biofuel is an alternative to liquid fossil fuels that uses algae as its source of energy-rich oils.

Asia Pacific is expected to a key market for the product owing to the rapid growth of automotive industry in the region. The presence of large economies including China and India, which account for a major population share of the world is expected to drive demand for sustainable energy resources, which in turn is likely to open new avenues for the market growth.

China is one of the top five producers of algae biomass and has made high investments to produce algae-derived energy products such as diesel, petrol, and hydrogen. Rising focus of Chinese government to reduce rely on coal and other fossil fuel resources for transportation and industrial applications is expected to open new avenues for the industry growth.

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The global Algae Biofuel market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major players covered in this report

Algenol

Blue Marble Production

Solazyme Inc.

Sapphire Energy

Culture Biosystems

Origin Oils Inc.

Proviron

Genifuels

Algae Systems

Solix Biofuels

Reliance Life Sciences

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Biodiesel

Jet Fuel

Biocrude

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Transportation

Others

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