16:00 | 03.11.2010
Research and Markets: World Algae Biofuels Market – Algaes Immense Potential as a Biofuel Feedstock Boosts the World Algae Biofuels Market
Research and Markets (http://www.researchandmarkets.com/research/ecbebd/world_algae_biofue)
has announced the addition of Frost & Sullivan’s new report “World
Algae Biofuels Market – Strategic Assessment” to their offering.
Algae biofuels have received considerable attention in recent years as a
consequence of rising crude oil prices and climate change problems. The
success of Algae Biofuels now hinges on achieving the great potential
yields from algae feedstock, while actively pursuing further reductions
in production costs and successful demonstrations of the technologies
involved in the production processes. The present research service
analyzes the World Algae Biofuels market by identifying the drivers and
restraints facing this market, the major trends and the competitive
environment.
This research service titled World
Algae Biofuels Market – Strategic Assessment provides a
comprehensive analysis of the world algae biofuels market. This research
service also analyses the production pathways and value chain along with
the market drivers and restraints, production forecasts, and major
industry trends.
Algaes Immense Potential as a Biofuel Feedstock Boosts the World Algae
Biofuels Market
Algae have huge yields compared to other terrestrial crops, making it
potentially important as a biofuel feedstock. Additionally, algae can
grow on non-arable land and does not require fresh water. Although algae
offer significant yield with no competition from other food crops,
achieving large-scale production in a cost-effective manner remains a
challenge. Higher yields translate into lower land requirements, says
the analyst of this research. Moreover, the possibility of using
non-arable land and non-drinkable water completely eliminates the food
versus fuel debate around biofuels. The escalating crude oil prices and
the need to reduce carbon emissions will drive the demand for renewable
energies. Algae biofuels are well positioned to capture a significant
share of the total renewable energy market due to the relative
productivity of algae.
However, scalability requires a large amount of capital along with a
decrease in production costs. Greater technological breakthroughs and
funding will be needed to reduce engineering costs. Capital and
operating expenditures required for large-scale production of algae
biofuels continue to be high relative to other fuels, especially,
petroleum-derived fuels, explains the analyst.
More effective harvesting and processing methods should be obtained to
achieve considerable cost reductions. Additionally, it is essential to
secure the necessary inputs for production at lower costs. Although
rising crude oil prices may benefit algae biofuels aspirations,
achieving major cost reductions and stepping-up productivity is the only
way to implement the use of algae biofuels, concludes the analyst.
Discovering more efficient harvesting and processing processes is
essential to this goal.
Key Topics Covered:
1. Executive Summary 2. Production Pathways Analysis 2.1
Photobioreactors 2.2 Open Ponds 2.3 Fermentation Vessels 2.4 Floating
Farms 2.5 Offshore Production 3. Value Chain Analysis 4. Market Drivers
and Restraints 5. Production Cost 5.1 Geographic Location 5.2 Start-up
Cost 5.3 Algae Oil Production Cost Comparison 5.4 Algae Biodiesel
Production Cost 5.5 Production Cost Breakdown PBR and Open Pond 5.6 Cost
Evolution
6. Production Forecasts
7. Major Industry Trends
8. Companies in the Algae Biofuels Space
9. Conclusions
For more information visit http://www.researchandmarkets.com/research/ecbebd/world_algae_biofue
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