LONDON, June 09, 2022 (GLOBE NEWSWIRE) — Global energy shortages and coal supply bottlenecks are clear indicators of an energy crisis that demands an urgent solution. Fairfield Market Research says this will draw attention to unconventional energy sources, global microbial fuel cell (MFC) market a reason to thrive. In light of these trends, the Global Microbial Fuel Cells (MFC) Market is expected to generate revenue of US$15 million by the end of 2025, registering a CAGR of 9.8% from 2021-2025.

Highlights:

• Wastewater treatment will drive global microbial fuel cell market as spending grows to around US$28-30 billion per year
• Recovery of bacteria and microbes from sewage treatment to be useful for the raw material of MFC technology to generate electricity
• Extraordinarily high investment costs and fierce competition are barriers for the global microbial fuel cell market
• Growing demand for green fuel, government support and R&D funding is expected to reduce the overall cost and improve the efficiency of MFCs, creating opportunities
• Lockdowns due to COVID-19 have had a significant impact on the demand for MFCs, resulting in several R&D activities/pilot testing projects relating to MFCs being halted due to the pandemic.

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Low to medium power requirement to meet MFC demand

Microbial fuel cell technology is ideal for generating low to medium power. It transforms the chemical energy of microorganisms into electricity. Analysts say MFC will be in high demand as it offers a great alternative to conventional power sources. Many industries will turn to MFC technology as treating wastewater becomes essential before it is discharged. Bioenergy production based on self-renewable models will prove to be a sustainable solution to the current energy and pollution crisis.

Asia-Pacific will see greater adoption

Rising demand for green fuel as countries attempt to reduce carbon emissions is expected to drive the microbial fuel cell market in Asia Pacific. Government support, investment in research and development, and revamping of energy mixes are all expected to result in a booming market for MFCs in the region. The growing application of microbial fuel cell technology in the areas of wastewater treatment and biosensors is also expected to bode well for the regional market between 2021 and 2025.

Some of the key players operating in the global microbial fuel cell market are Cambrian Innovation Inc, Open Therapeutics LLC, Vinpro Technologies, Sainergy Tech, Inc., Triqua International BV, and MICROrganic Technologies.

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REPORT SCOPE AND SEGMENTATION:

REPORT FEATURES	DETAILS
Type of coverage	Microbial Mediator Fuel Cell Microbial fuel cell without mediator
Application coverage	energy production Wastewater Biosensor Others
End User Coverage	Agriculture Health care food and drinks Others
Geographic coverage	North America Europe Asia Pacific Rest of the world (right-of-way)
Leading companies	Triqua International Micro-organic technologies Emefcy Protonex technology company ElectroChem Inc. progenitor Cambrian Innovation Inc. Open Therapeutics LLC
Report Highlights	Key Market Indicators, Macro-Micro Economic Impact Analysis, Technology Roadmap, Key Trends, Driver, Future Restraints & Opportunities and Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2017-2019), Analysis Price Trends – 2019-2025, Market Estimates and Forecasts, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country Trends and Analysis, COVID-19 Impact Analysis (Demand and Supply Chain) supply)

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