Global Algae Biofuels Market Report 2021: Market to Reach $11.4 Billion by 2027 – U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 11.4% CAGR – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Algae Biofuels – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Algae Biofuels Market to Reach $11.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Algae Biofuels estimated at US$ 6.8 Billion in the year 2020, is projected to reach a revised size of US$ 11.4 Billion by 2027, growing at a CAGR of 7.5% over the period 2020-2027.

Transportation, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$ 8.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Applications segment is readjusted to a revised 6.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 11.4% CAGR

The Algae Biofuels market in the U.S. is estimated at US$ 1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 2.5 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Global Competitor Market Shares
• Algae Biofuels Competitor Market Share Scenario Worldwide (in %): E
• Global Competitor Market Shares by Segment

2. FOCUS ON SELECT PLAYERS (Total 34 Featured):

• Algae Systems
• AlgaEnergy
• Algenol
• Blue Marble Production
• Cellana
• Culture Biosystems
• Culture Biosystems
• Genifuels
• Origin Oils Inc.
• Production Systems

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Algae Biofuels by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Algae Biofuels by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Algae Biofuels by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
• World Current & Future Analysis for Transportation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Transportation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Transportation by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027
• World Current & Future Analysis for Other Applications by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Other Applications by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets – Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Other Applications by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 34

For more information about this report visit https://www.researchandmarkets.com/r/1xnpwk

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