{"id":5742,"date":"2021-03-16T15:17:49","date_gmt":"2021-03-16T09:47:49","guid":{"rendered":"https:\/\/www.niir.org\/blog\/?p=5742"},"modified":"2021-03-16T15:17:49","modified_gmt":"2021-03-16T09:47:49","slug":"a-successful-industry-of-biofuel-with-the-usage-of-algae","status":"publish","type":"post","link":"https:\/\/www.niir.org\/blog\/a-successful-industry-of-biofuel-with-the-usage-of-algae\/","title":{"rendered":"A Successful Industry of Biofuel with the Usage of Algae"},"content":{"rendered":"<p><strong>Algae<\/strong> are organisms that grow in <strong>aquatic environments<\/strong> and use light and carbon dioxide (CO<sub>2<\/sub>) to create biomass. There are two <strong>classifications of algae:<\/strong> macro algae and microalgae. Macro algae, which are measured in inches, are the large, multi-cellular algae often seen growing in ponds. These <strong>larger algae<\/strong> can grow in a variety of ways. The <strong>largest multicellular algae<\/strong> are called seaweed; an example is the giant kelp plant, which can be more than 100 feet long. Microalgae, on the other hand, are measured in <strong>micrometers<\/strong> and are tiny, unicellular algae that normally grow in suspension within a body of water.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Related project:- <\/strong><a href=\"https:\/\/www.entrepreneurindia.co\/project-and-profile-details\/Ethanol%20as%20Biofuel\"><strong>Ethanol as Biofuel<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-5743\" src=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bipo-300x200.png\" alt=\"\" width=\"635\" height=\"423\" srcset=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bipo-300x200.png 300w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bipo-768x512.png 768w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bipo-750x500.png 750w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bipo.png 824w\" sizes=\"(max-width: 635px) 100vw, 635px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Related projects:- <\/strong><a href=\"https:\/\/niir.org\/profile-project-reports\/profiles\/fuels-alcohol-fuel-alternative-fuels-biomass-biofuel-combustion-domestic-fuels-energy-density-fossil-fuel-fuel-oil-fuel-poverty-gas-fuel-hydrocarbon-liquid-fuels-oxidation-propellant-solid-fuel-energy-development-projects\/z,,6e,0,a\/index.html\"><strong>Fuels (Alcohol fuel, Alternative fuels, Biomass, Biofuel, Combustion, Domestic fuels, Energy density, Fossil fuel, Fuel oil, Fuel poverty, Gas fuel, Hydrocarbon, Liquid fuels, Oxidation, Propellant, Solid fuel), Energy development Projects<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Algae<\/strong>\u00a0are <strong>photosynthetic organisms<\/strong> related to plants that grow in water and produce energy from carbon dioxide and sunlight. <strong>Single-celled\u00a0microalgae<\/strong>\u00a0can be\u00a0used\u00a0to produce large amounts of fat, which can be converted into\u00a0biodiesel, the most common <strong>form of\u00a0biofuel<\/strong>. There are many possible ingredients for making biofuels, from corn to used cooking oil. But <strong>algae<\/strong> are particularly interesting because they can be grown rapidly and produce large amounts of fuel relative to the resources used to grow them\u00a0(high productivity).<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.niir.org\/blog\/a-successful-industry-of-biofuel-with-the-usage-of-algae\/#Current_Potential_for_Use_as_a_Biofuel\" >Current Potential for Use as a Biofuel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.niir.org\/blog\/a-successful-industry-of-biofuel-with-the-usage-of-algae\/#Forecasted_Growth_of_Algae_Biofuel_Market\" >Forecasted Growth of Algae Biofuel Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.niir.org\/blog\/a-successful-industry-of-biofuel-with-the-usage-of-algae\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Current_Potential_for_Use_as_a_Biofuel\"><\/span><strong>Current Potential for Use as a Biofuel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>&nbsp;<\/p>\n<p><strong>Algal biomass <\/strong>contains three main components: carbohydrates, proteins, and lipids\/natural oils. Because the bulk of the <strong>natural oil<\/strong> made by microalgae is in the <strong>form of triacylglycerol<\/strong> which is the right kind of oil for producing biodiesel, microalgae are the exclusive focus in the <strong>algae-to-biodiesel<\/strong> arena. In addition to <strong>biodiesel, microalgae<\/strong> can also be used to generate energy in several other ways. Some algal species can produce hydrogen gas under specialized growth conditions. The <strong>biomass from algae<\/strong> can also be burned similar to wood or anaerobically digested to produce <strong>methane biogas<\/strong> to generate heat and electricity. Algal biomass can also be treated by pyrolysis to generate crude bio-oil.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Related videos:- \u00a0<\/strong><a href=\"https:\/\/youtube.com\/playlist?list=PL61bSU5tvb-XT1eQnPEwEyDvU_y1i8ckF\"><strong>Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy<\/strong><\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h1><span class=\"ez-toc-section\" id=\"Forecasted_Growth_of_Algae_Biofuel_Market\"><\/span><strong>Forecasted Growth of Algae Biofuel Market<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>&nbsp;<\/p>\n<p>The <strong>global\u00a0<\/strong><strong>algae biofuel market<\/strong>\u00a0size is expected to reach USD 10.73 billion by 2025, according to a new report at a CAGR of 8.8% by Grand View Research, Inc. Depleting <strong>fossil fuel<\/strong> resources as well as rising awareness towards environment protection is expected to be the key factor for driving industry growth.<\/p>\n<p><strong>Algae <\/strong>has the ability to offer 2 to 20 times higher yield than <strong>existing biofuel feedstock<\/strong> including corn stover, corn, sorghum and beet which is likely to open new avenues for the industry growth over the projected period. Increasing R&amp;D conducted by numerous <strong>startup companies<\/strong> as well as various oil &amp; gas majors, and university-led research consortiums are expected to propel production of the over the projected period. However, <strong>technological challenges<\/strong> and high capital investment in <strong>algae biomass<\/strong> and <strong>fuel production<\/strong> are expected to limit the industry growth.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-5744\" src=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bio-1-300x150.png\" alt=\"\" width=\"724\" height=\"362\" srcset=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bio-1-300x150.png 300w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bio-1-360x180.png 360w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2021\/03\/bio-1.png 600w\" sizes=\"(max-width: 724px) 100vw, 724px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Related book:- \u00a0<\/strong><a href=\"https:\/\/www.entrepreneurindia.co\/book-details\/274\/the-complete-book-on-biomass-based-products-biochemicals-biofuels-activated-carbon-\"><strong>The Complete Book on Biomass Based Products (Biochemicals, Biofuels, Activated Carbon)<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Growing demand<\/strong> for low cost, reliable and sustainable energy sources to ease acute vulnerability to petroleum supply chain and meet the rising fuel demand by <strong>automotive and aviation sector<\/strong> is expected to have a positive impact on the industry growth over the forecast period. The industry is experiencing three major hurdles including maintaining algae biomass cultivation consistency across various regions and climates, high water demand for algae production and lack of technology innovation to commercial scale up.<\/p>\n<p>&nbsp;<\/p>\n<h1><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>&nbsp;<\/p>\n<p>The reports by <strong>Niir Project Consultancy Services (NPCS<\/strong>) broadly cover Indian markets, present analysis, outlook, and forecast for a period of five years. The report of NPCS helps you understand the viability of the project by disclosing details like machinery required, project costs, and a snapshot of other project financials. The report not only provides a glimpse of <strong>government regulations<\/strong> applicable to the industry but also provides forecasts of <strong>key parameters<\/strong> that helps to anticipate the industry performance and make sound business decisions.<\/p>\n<p style=\"text-align: right;\">Noo_Art21<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"Algae are organisms that grow in aquatic environments and use light and carbon dioxide (CO2) to create biomass.&hellip;","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","footnotes":""},"categories":[39,44,40],"tags":[692,694,695,696,697,832,845,859,865,1530,1813,1875,2017,2820,4625,4626,4627,5083,5087,9420],"industry":[12268,12318],"class_list":["post-5742","post","type-post","status-publish","format-standard","category-business-opportunities","category-project-reports","category-business-plan","tag-biofuel","tag-biofuelindustry","tag-biofuelmanufacturing","tag-biofuelmarket","tag-biofuelproduction","tag-businessconsultant","tag-businessideas","tag-businessopportunity","tag-businessplan","tag-detailedprojectreport","tag-entrepreneurindia","tag-ethanolbiofuel","tag-feasibilityreport","tag-industrialproject","tag-renewableenergyindustry","tag-renewableenergymarket","tag-renewableenergysector","tag-startupbusiness","tag-startupbusinessideas","tag-npcs","industry-biodegradable-products","industry-fuels","cs-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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