The global Microbial Fuel Cell Market is estimated to expand at ~9.00% CAGR during the forecast period.
Microbial fuel cell (MFC) is an bio-electrochemical system which drives the electric current with the help of bacteria. It harnnesses the power of respiring microbes and converts organic substrates in to electrical energy. MFC consists of an two electrodes (anode and cathode) and membrane (a area that separates two electrodes). Microbes at anode oxidizes the organic fuel generating proton and electrons. Protons passes through membrane to cathode and electrons passes through anode to external circuit in order to generate current. MFC has gained attention due to its ability to generate power from organic or inorganic compounds throug microorganisms.
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The key players of global microbial fuel cell market Pilus Energy LLC (US), Fluence Corporation Limited (US), Triqua International BV (The Netherlands), Electrochem Solutions and Emefcy Ltd (US), MICROrganic Technologies Inc. (US), Prongineer R&D Ltd (Canada), Vinpro Technologies (India), and Sainergy Tech (US).
Microbial Fuel Cell Market Highlights
The global microbial fuel cell Market is set to witness significant growth due to increasing demand for portable water and government initiatives for environmental sustainability. Provision of safe water is necessary globally and wide range of biological and chemical methods are used to ensure safety of water for consumption. So, microbial fuel cell technology is used for testing the quality of water sources in order to meet the rising demand for portable water. On the other hand, limited raw material availability is one of the major restraints for the global Microbial Fuel Cell Market. However, the increasing focus on wastewater treatment poses lucrative business opportunities in the microbial fuel cell market as wastewater is a source of innumerable microbial flora. So, generation of electricity from degradation of wastewater with the help of microbial flora is expected to offer opportunities to microbial fuel cell market.
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Based on application, the market has been segmented as power generation, wastewater treatment, biosensor, and others. Wastewater treatment segment is expected to dominate the market during the forecast period due to rising investments in water & wastewater treatment sector. Moreover, the key advantages of MFCs in wastewater treatment industry includes less energy consumption compared to activated sludge process and non-requirement of highly regulated distribution systems like the ones in hydrogen-based fuel cells.
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