DOE awards $35M to 15 projects in ARPA-E ECOSynBio program to reduce carbon footprint of biofuel production
The US Department of Energy (DOE) is awarding $35 million to 15 research projects through ARPA-E’s “Energy and Carbon Optimized Synthesis for the Bioeconomy” (ECOSynBio) program to decarbonize biorefining processes used across the energy, transportation, and agriculture sectors.
Many biofuels, including ethanol, biodiesel and other products derived from organic material (biomass), are almost exclusively produced via fermentation. These fermentation processes create carbon as a byproduct, with some processes wasting more than 1/3 of this carbon as CO
2 emissions. As a result, there is a critical need to create new pathways for biofuel conversion that reduces carbon waste, prevents the loss of CO
Polyhydroxyalkanoate (PHA) Market by Type, Production Method, Application, and Region - Global Forecast to 2025
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According to the new market research report by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region - Global Forecast to 2025″, The polyhydroxyalkanoate (PHA) market is projected to reach USD 121 million by 2025, at a CAGR of 14.2% from USD 62 million in 2020.
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Polyhydroxyalkanoate (PHA) Market
Monomers can form various structures, such as short chain length monomers and medium chain length monomers .Short chain length PHA monomers consist of not more than four to ten carbon atoms. Some of the short chain length PHA monomers include Polyhydroxybutyrate (PHB), Poly-3-hydroxybutyrate (P3HB), and Polyhydroxyvalerate (PHV). The structure determines the thermal and mechanical properties of the monome
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The global polyhydroxyalkanoate (PHA) market is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, growing at a CAGR of 14.2% between 2020 and 2025.
Factors such as stringent environmental laws and customer awareness will drive the polyhydroxyalkanoate (PHA) market. The major restraints for the market will be higher price of PHA as compared to the conventional polymers and performance issues related to its properties. However, the increasing scope in end-use segments and emergence of new raw materials will act as an opportunity for the market.
Short chain length is the largest type for polyhydroxyalkanoate (PHA) in 2019
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Polyhydroxyalkanoate (PHA) Market (2020 to 2025) - Increasing Scope in End-use Segments Presents Opportunities - ResearchAndMarkets.com
February 11, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 11, 2021
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The global polyhydroxyalkanoate (PHA) market is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, growing at a CAGR of 14.2% between 2020 and 2025.
Factors such as stringent environmental laws and customer awareness will drive the polyhydroxyalkanoate (PHA) market. The major restraints for the market will be higher price of PHA as compared to the conventional polymers and performance issues related to its properties. However, the increasing scope in end-use segments and emergence of new raw materials will act as an opportunity for the market.