Low Carbon Footprint of Microbial Fuel Cell (MFC) to Create Sustained Demand within the Market
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Scarcity of Freshwater Reserves to Drive Demand for Microbial Fuel Cells (MFC)
World Bank predicts that the global demand for potable or fresh water would exceed total supply by an alarming 40%. Besides, freshwater reserves in several parts of the world are already on the verge of dwindling out. This necessitates the use of effective and pragmatic means to treat wastewater. Microbial fuel cell technology has emerged as an important turning point for researchers involved in the domain of wastewater treatment and purification of water. The healthcare industry has been a major support mechanism for scientists and researchers who are pressing for wastewater treatment through new and upgraded technologies such MFCs.
South Asia to Emerge as a Buoyant Regional Market
70% of global freshwater supply is used up for agricultural activities, with varying degrees of freshwater withdrawals by different regions and sectors. In South Asia, consumption of freshwater by the agricultural sector exceeds the industrial and domestic sector by a tremendous chase. This is an important consideration while assessing the growth prospects of the regional microbial fuel cells (MFC) market. Furthermore, the Middle East and North Africa (MENA) region also uses the majority of its freshwater reserves for agricultural activities. Henceforth, vendors operating in the microbial fuel cells (MFC) market have a formidable opportunity at their disposal in the aforementioned regions.
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Changing Narratives about Fuel Cell Usage to Accelerate Market Growth
There is a general consensus amongst researchers about the effectiveness of fuel cells in abrogating the energy crisis. This owes to the current and potential applications of these cells in the domain of clean and green energy. The ability of microbial fuel cells (MFC) to convert organic compounds into usable energy has captivated the attention of research scholars across the world. Therefore, advancements in green energy technologies and research lines shall invariably propel demand within the global microbial fuel cells (MFC) market. Application of these cells in low-power generation systems has also caused an uptick in sales within the market.
Some of the leading players existing in the global microbial fuel cells (MFC) market are Vinpro Technologies, Cambrian Innovation Inc, Open Therapeutics LLC, Sainergy Tech, Inc., Triqua International BV, MICROrganic Technologies, Fluence Corporation, Prongineer, Microbial Robotics, ElectroChem Inc., and Emefcy.
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