Introduction:

Algae biofuels are produced /obtained from different types of algal species such as chlorella species, tetraselmis suecia, botryococcus braunii, crypthecodinium cohnii, and nitzschia species. The algae biofuel is widely used in the automotive sector while its by-products can be used as antioxidants, pigments, bioactive compounds as well as natural dyes. Algae has the capability to recommend 2 to 20 times higher yield than existing biofuel feedstock including corn stover, corn, sorghum and beet which is liable to open new avenues for the industry growth over the expected period. The algae biofuel market accounted for US$ 6.58 billion in 2020 and is estimated to be US$ 11.15 billion by 2030 and is anticipated to register a CAGR of 5.5%.

Rising demand for clean energy

Algae biofuel market has been witnessing a healthy growth over the past few years having increase in fuel demand across the globe. Increasing demand for algae biofuel in the transportation industry across the globe is expected to drive growth of the target market in the near future. The volatility of cost and supply of fossil fuel is anticipated to boost the growth of the target market in upcoming years as well. In addition, increasing research and development activities to reduce the operating cost by the key players operating in the target market is expected to create lucrative growth opportunities for the manufacturers in the target market.

However, technological challenges and high capital investment in algae biomass and fuel production are expected to limit the industry growth, serving as restrains in the target market.

The algae biofuel market is segmented based on fuel type, application, and region.

On the basis of fuel type, the target market is classified into bioethanol, biodiesel, bio-gasoline, methane, and others. On the basis of application, the target market is classified into transportation, aerospace and others.

Regional Insights:

The algae biofuel market accounted for US$ 6.58 billion in 2020 and is estimated to be US$ 11.15 billion by 2030 and is anticipated to register a CAGR of 5.5%. On region the algae biofuel market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America algae biofuel market is expected to account for major revenue share as compared to that of other regions. This can be attributed to favorable government policies for renewable energy resources in the countries especially in the U.S. and Canada of the region. Europe has a significant demand for algae biofuels, owing to high adoption rate and government regulations in this region. European Union has big hand in laying several different regulation policies such as biofuels directives, those targets to reduce greenhouse gas (GHG) in transport. There is a progressive growth of algae biofuel market in Asia Pacific, with respect to growing transportation industry and increasing government initiatives for alternative fuels in the region. In Latin America and Middle East & Africa, as the industrialization and automobile industry increases, the demand for fossil fuels also grows accordance to which the algae biofuels are also serving as alternatives in these regions

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020 – 2030
Market representation	Revenue in USD Billion & CAGR from 2020 – 2030
Market Segmentation	By Fuel Type- Bioethanol, Biodiesel, Bio-gasoline, Methane, and Others By Application– Transportation, Aerospace, and Others
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the algae biofuel market report based on fuel type, application, and region.

Algae Biofuel Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the algae biofuel market includes Algenol, LLC, Blue Marble Production LLC., Solazyme Inc., Sapphire Energy Inc., Culture Biosystems, Origin Oils Inc., Proviron, Genifuels, Algae Systems, Solix Biofuels Inc., Algae Production Systems and Reliance Life Sciences Pvt. Ltd.

• Algenol, LLC.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Blue Marble Production LLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Solazyme Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Sapphire Energy Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Culture Biosystems
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Origin Oils Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Proviron, Genifuels
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Algae Systems
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Solix Biofuels Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Algae Production Systems
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Reliance Life Sciences Pvt. Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Preview
   • Executive Summary
   • Key Findings— India’s Outlook on Soaps & Detergents Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Type
     • Market Snippet, By Application
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Market Segmentation, By Brand, Forecast Period up to 10 Years, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
     • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
     • Segment Trends
   • Lux
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Dove
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Dettol
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Others
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
6. Market Segmentation, By Category, Forecast Period up to 10 Years, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
     • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
     • Segment Trends
   • Herbal Soap
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Health Soap
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Beauty Soap
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Others
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
7. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
8. Company Profiles
   • Colgate Palmolive (India) Ltd.
     • Company Overview
     • Product Portfolio
     • Key Highlights
     • Financial Performance
     • Business Strategies
   • Godrej Consumer Products Ltd.
   • Hindustan Unilever Ltd.
   • ITC Ltd.
   • Jyothy Laboratories Ltd.
   • Wipro Ltd.
   • Cholayil Pvt. Ltd.
   • Karnataka Soaps and Detergents Ltd.
   • The Himalaya Drug Company
   • Reckitt Benckiser (India) Pvt. Ltd.
9. The Last Word
   • Future Impact
   • About Us
   • Contact