openPR Logo
Press release

Farnesene market to exceed USD 480 million by 2023

Global Market Insights Inc. has announced an addition of a new research based report on farnesene market. The market is estimated to upsurge at a growing CAGR of 27% by 2023 according to the report.

The professional and high quality report features in-depth market analysis on the global Farnesene industry. It initially provides an outlook of industry with the basic information such as definitions, application, classification, and technology etc. Moreover, it explores global market on the basis of application, products, region and competitive landscape. The report also lists key company profiles, market share, business strategies, financial metrics, forecast and estimations in terms of volume and value, coupled with key aspects that influence the market including impediments, challenges, opportunities and drivers, etc.

Request for a Sample copy of this Report@
https://www.gminsights.com/request-sample/detail/419

Increase in global biofuel production and usage owing to increased usage in automobiles and aviation sector to reduce carbon dioxide emissions is expected to have appositive impact on the market growth during the forecast period. Performance material applications are poised to experience significant growth over 40% CAGR by 2023.

Increasing use of ingredients derived through biotechnological route or from vegetable oil rather than animal sources is likely to drive market growth. Factors like use of alternative bio fuels, alteration in top feedstock harvest that is sugarcane are likely to hinder the market growth.

Europe farnesene market size, with Germany, UK and France at dominating positions is likely to witness a substantial growth owing to use of sustainable product derived from biomass and implementation of environment measures to limit GHG emissions. Furthermore, the thriving European cosmetic industry is anticipated to impel industry demand.

Inquiry Before Buying of this Report@
https://www.gminsights.com/inquiry-before-buying/419

APAC region is projected to register surge in personal care and cosmetic industry with remarkable gains at a CAGR over 28% during the projected timeframe. Furthermore, increase in per-capita disposable expenditure capacity together with existence of several large scale manufacturing companies is anticipated to propel APAC demand in next few years.

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.

Browse Report Summery@ https://goo.gl/sK7meC

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.

Amyris dominate the global farnesene market share. It uses yeast to manufacture through biotechnology route. It has collaborated with Kuraray, Total, IFF to develop target molecule for relative applications including polymers, biojet fuels and fragrances. At present, Chromatin and Intrexon are in emerging stage for reaching commercial production level.

Read Our Blog:
http://www.thecampingcanuck.com/
http://marketsizeforecast.blogspot.com
http://marketnewsforecast.blogspot.com

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: https://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 to exceed USD 480 million by 2023 here

News-ID: 865498 • Views: 142

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small