Press release
Farnesene Market Trends & Growth Analysis with Key Players are Amyris, Chromatin, Intrexon Corporation
Farnesene Market
Farnesene based renewable diesel & jet fuel is likely to hit price target and prove to be cost efficient, which will drive its use as a drop in replacement for synthetic fuels to lower GHG emissions.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/419
Global farnesene market size is forecast to register USD 485.0 million by 2023. In EU, the RED (Renewable Energy Directive) has set 10% target for use of renewable energy in transport. In the U.S., key initiatives, CAAFI (Commercial Aviation Alternative Fuels Initiative) and MASBI (Midwest Aviation Sustainable Biofuels Initiatives) are formed to promote biofuel usage in aviation sector.
Cosmetic & personal care application dominated the demand and accounted for over 35% of the total demand in 2015. Farnesene derived squalene, through biotechnological route, is used as a useful ingredient in anti-ageing and moisturizing cream formulations.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/419
Strong cosmetics growth expected from Europe and Asia Pacific market may promote farnesene demand and boost squalene market size. Cosmetics companies are shifting focus to use ingredients derived from vegetable or biotechnological route instead of animal sources owing to consumer perception, which may promote market growth.
Hydrogenated Esters and Fatty Acids (HEFA) and FT (Fischer-Tropsch) based on biomass are alternative biofuels considered to be used in aviation sector, proves to be a major challenge for market growth. Variation in key feedstock harvest, sugarcane, owing to unfavorable weather conditions may affect farnesene market price trend.
Global farnesene market size may see gains at over 28% CAGR and reach 180.9 kilo tons by 2023.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/farnesene-market
Europe, led by Germany and UK, dominated the regional industry and accounted for over 42% of the total demand in 2015. Performance material applications in Europe are set to grow at a significant pace at above 45% CAGR and register over USD 65 million by 2023.
APAC, with China and India being dominant contributors, is set to attain highest gains at over 29% up to 2023. Increase in per capita spending capacity coupled with presence of large scale chemical manufacturing facilities may promote regional growth.
North America flavors & fragrances application should grow significantly, at above 26% CAGR, and register over USD 30 million in revenue by 2023.
Global farnesene market share is presently dominated by Amyris, the company ias already engaged in commercial production, with capacity additions announced for 2017. Amyris has collaborated with some industrial partners including Total, IFF and kuraray to develop target molecule for relative applications such as biojet fuels, fragrances and polymers.
Read More Related News @ http://cmferesearch.com/
Intrexon and Chromatin are currently at nascent stage to achieve commercial production. Intrexon achieved production in lab scale tests though methane bioconversion.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Farnesene Market Trends & Growth Analysis with Key Players are Amyris, Chromatin, Intrexon Corporation here
News-ID: 1263380 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Farnesene
Farnesene Market is Dazzling Worldwide and Forecast to 2030
Farnesene market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. Farnesene is a chemical compound known as ?-farnesene. In plants, farnesene is found as a natural coating on fruits and also a component of different essential oils. Farnesene is found in green apple skin and is also found in sandalwood, cedarwood, patchouli, hops, ginger, turmeric, potatoes, gardenias, ylang-ylang, grapefruit, and myrrh. The growing awareness…
Farnesene Market Value Projected to Expand by 2029
The Farnesene Market size is expected to grow at an annual average of CAGR 4% during the forecast period (2023-2029). Shifting consumer preferences in a projected economic downturn scenario, amendments to industrial policies to align with growing environmental concerns, huge fluctuations in raw material costs triggered by prevailing geo-political tensions, and expected economic turbulences are noted as key challenges to be addressed by the Farnesene industry players during the short…
Farnesene Market Outlook 2029: Presents Market Insights & Depth Analysis
Farnesene market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. Farnesene is a chemical compound known as ?-farnesene. In plants, farnesene is found as a natural coating on fruits and also a component of different essential oils. Farnesene is found in green apple skin and is also found in sandalwood, cedarwood, patchouli, hops, ginger, turmeric, potatoes, gardenias, ylang-ylang, grapefruit, and myrrh. The growing awareness…
Global Farnesene Market Analysis (2023-2029)
Farnesene is a pale yellow to yellow liquid with a vegetative scent and a taste of green vegetables with a fruity aftertaste.
LPI (LP Information)' newest research report, the "Farnesene Industry Forecast" looks at past sales and reviews total world Farnesene sales in 2022, providing a comprehensive analysis by region and market sector of projected Farnesene sales for 2023 through 2029. With Farnesene sales broken down by region, market sector and…
Farnesene Market Worth, Insights, Revenue, Industry Share | Valuates Reports
Farrnesene Market Size
Farnesene is a pale yellow to yellow liquid with a vegetative scent and a taste of green vegetables with a fruity aftertaste.
The global Farnesene market was valued at US$ 46 million in 2022 and is anticipated to reach US$ 63 million by 2029, witnessing a CAGR of 4.6% during the forecast period 2023-2029.
Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-28C350/Global_Farnesene_Market_Size_Manufacturers_Supply_Chain_Sales_Channel_and_Clients_2021_2027
Arrnesene Market Share
There are two producing companies Amyris Brasil and ADL Biopharma. Actually,…
Farnesene Market Competitive Research And Precise Outlook 2021 To 2027
In 2020, the global Farnesene market size was US$ 44 million and it is expected to reach US$ 60 million by the end of 2027, with a CAGR of 4.6% during 2021-2027.
The Market Research on the “Farnesene Market 2021-2027”, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Farnesene market report offers an…
