Growth Drivers and Future Projections for the Algae Biofuels Market
Market Overview
The global algae biofuels market was valued at USD 7.15 billion in 2021 and is expected to grow at a CAGR of 7.0% during the forecast period.
Growing concerns over greenhouse gas emissions, climate change, and fossil fuel depletion have accelerated investments in algae-based energy solutions. Algae biofuels have shown immense potential in reducing carbon footprints and...
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