Biorefinery

World Market Report

MCP10733

EXECUTIVE ENGAGEMENTS

POOL

372
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

74
Interactions with Platform & by Email

PARTICIPANTS

13
Unique # Participated

VALIDATIONS

6
Responses Validated*

COMPANIES

53
Responses Validated*
* Login for a full stack data experience

DATE

FEB 2022

TABLES

51

PAGES

243

EDITION

7

PRICE

USD 4950

CODE

MCP10733


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

%

VALIDATED RESEARCH *

S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T
S A N T

* S = Strong; A = Active; N = Niche; T= Trivial (<1%)
* Login to Participate & View Data Stacks
* Participating executives must be from a competitive company. Executive credentials are validated by a one-time two-factor authentication, in compliance with GDPR guidelines. Verified executives have complimentary access to our proprietary MarketGlassTM platform and relevant data silos including Trend Data; Brand/IP/TM Feeds; and Market Size, Share & Rank Clusters. Qualified influencers are also invited to join our Expert Panels. Privileges include purchase credits, and collaborative bespoke builds.
View All Companies...

PARTICIPATE NOW!
RESEARCH MODULES EXECUTIVES
  

HIGHLIGHTS & REPORT INDEX

What`s New for 2022?

» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year


Global Biorefinery Market to Reach US$979.5 Billion by the Year 2026

Biorefineries are facilities engaged in converting biomass feedstock into bio-energy and a spectrum of various bio-based and value-added products like chemicals, feed, food and materials. Biorefineries exhibit the potential to play an important role towards the development of a carbon neutral economy. In the recent years, various companies have move ahead with encouraging developments that are anticipated to shape and drive the domain. While some of the companies are looking forward to set up new biorefineries, others are coming up with innovative technologies intended to exploit biomass for desirable bio-products. In a major development in this direction, Petron Scientech, Inc. and SBI Bioenergy, Inc. have joined hands for licensing of differentiated, sustainable, integrated and energy-efficient technologies for conversion of biomass into clean hydrogen along with production of low-carbon biofuels. Biorefineries engaged in converting biomass feedstock into biofuels and bio-products are likely to receive desirable financial impetus from government agencies. In a recent development in this direction, the US Department of Energy announced plans to come up with a second `Scale-Up` Funding Opportunity Announcement (FOA). Offered by the Bioenergy Technologies Office (BETO), the funding is anticipated to play an important role in expediting the scale-up of biorefineries producing biofuels and bio-products.

Amid the COVID-19 crisis, the global market for Biorefinery estimated at US$647.2 Billion in the year 2022, is projected to reach a revised size of US$979.5 Billion by 2026, growing at a CAGR of 9.8% over the analysis period. Industrial Biotechnology, one of the segments analyzed in the report, is projected to grow at a 9% CAGR to reach US$546.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Physico-Chemical segment is readjusted to a revised 10.2% CAGR for the next 7-year period. This segment currently accounts for a 36.8% share of the global Biorefinery market.

The U.S. Market is Estimated at $182.8 Billion in 2022, While China is Forecast to Reach $155.2 Billion by 2026

The Biorefinery market in the U.S. is estimated at US$182.8 Billion in the year 2022. The country currently accounts for a 28.3% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$155.2 Billion in the year 2026 trailing a CAGR of 11.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR while Rest of European market (as defined in the study) will reach US$137.9 Million by the end of the analysis period. Strict government regulations, particularly in North America and Europe, that discourage the use of synthetic and chemical-based lubricants is expected to act as a demand driver. While the US and Europe are expected to remain the key markets for biolubricants in the near future, developing regions such as Asia-Pacific and Latin America are poised to generate the fastest demand growth for these bio-based products.

Thermochemical Segment to Reach $107.2 Billion by 2026

Thermochemical biorefineries convert biomass feedstock into pyrolysis oil or synthesis gas. The thermochemical conversion process is known for high degree of complexity and uses specific operating conditions, components and configurations. The process concerts biomass into syngas that can be converted into ethanol-rich blend. In the global Thermochemical segment, USA, Canada, Japan, China and Europe will drive the 12.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$42.3 Billion will reach a projected size of US$99.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.7 Billion by the year 2026.

SELECT PLAYERS

Archer-Daniels-Midland Company; Dominion Energy; Green Plains Inc.; Koninklijke DSM N.V.; Neste Oyj; Permolex Ltd.; Renewable Energy Group, Inc.; Honeywell UOP; Valero Energy Corporation

SEGMENTS

» Technology (Industrial Biotechnology, Physico-Chemical, Thermochemical)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Review of the World Economy in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Covid-19 Crisis Underlines the Need for Sustainability
Pandemic Highlights the Need for Recalibrating 2015 SDGs
EXHIBIT 2: Global Annual Increase/Decrease in Energy-Related CO2 Emissions for Years 2010 Through 2020 (In Billion Metric Tons Per Year)
Biorefineries face Disruption Amid the pandemic
Biorefinery – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Biorefinery: A Prelude
Classification of Biorefineries
Biorefineries Claim Higher Sustainability Credentials over Traditional Counterparts
EXHIBIT: Pathways Distribution for Biorefineries
Biorefinery Platforms Enabling Biorefineries to Turn Biomass into Bio-Products
Biorefinery Industry Remains Dynamic and Moves Ahead with Encouraging Developments
Biofuel & Bio-Product Refineries Set to Receive Funding to Scale-Up Projects
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Sustainability Drive Remains at Helm of Substantial Headwinds for Biorefinery Market
EXHIBIT 1: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020
EXHIBIT 5: Carbon Neutrality Goals of Various Countries
Efforts to Achieve Circular Economy
EXHIBIT 10: Sustainable Investments to Emerge Into an Unstoppable Force in the Coming Decade: Global Investments in Sustainability (In US$ Billion) for Years 2015, 2018, 2020 and 2022
Exhibit: Clean Energy Transition Opens Up New Opportunities for Biorefineries: Global New Investment (In US$ Billion) in Clean Energy for the Years 2015-2019
Climate Change Mitigation Efforts Augments Growth Opportunities for Biorefinery Market
Exhibit: Mitigation Efforts to Curb Climate-Related Extreme Events and Resultant Economic Losses Promotes the Role of Bioenergy: Global Economic Losses (In US$ Billion) Caused by Weather Catastrophes for the Years 2016-2020
Rise in Demand for Biobased Products to Drive Growth in Biorefinery Projects
EXHIBIT: Global Demand for Bio-based Products in Thousand Tons: 2018-2030
Select Biobased Products in Focus
EXHIBIT 4: Percentage Share of Bio-Based Plastics In Global Plastic Production for the Years 2010, 2015, 2020, and 2025
Potential of Biorefinery to Produce Astaxanthin from Shrimp Waste
EXHIBIT: Astaxanthin Sales in US$ Million for Years 2020, 2022, 2024and 2027
Biodiesel Outlook in the Wake of Decarbonization Efforts to Spur Growth
Opportunity Indicators
EXHIBIT 14: Robust Growth Projected for Biodiesel Brightens the Outlook for Biorefineries: Global Market for Biofuel (In US$ Billion) for Years 2020, 2022, 2024 & 2026
EXHIBIT 5: Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
Expanding Role of Renewable Fuels in the Global Energy Mix Reflects Opportunities for Biofuels
EXHIBIT 6: Global Energy Mix: 1990 Vs 2020
COVID-19 Dampens Biofuel Consumption
Biofuels Production Scenario
EXHIBIT 2: Global Biofuel Production (in Billion Liters): 2019 and 2020
EXHIBIT 3: Top Biofuel Producing Countries in 2020
Noteworthy Company Developments
As Demand for HVO Grows, Investments in Biorefineries Gain Pace
Biorefineries with Carbon Capture and Sequestering Attract Interest
Advances in Development of Bio-Based Industrial Carbons with Thermochemical Platform
Microalgae Biorefineries with Potential for Renewable Bioenergy
Second-Generation Sustainable Biorefinery at Core of Europe’s Bio-Economy Strategy
Growing Investments in New Refinery Capacity Additions Bodes Well
Energy Startups Take Biorefinery to New Terrains with Better Solutions for Clean Energy Generation
Innovative Pyrolysis
Biomass Torrefaction
Advanced Methanization
Gasification to Improve Conversion Efficiency
Wastewater to Energy
Cellulosic Biofuel Projects Face Muddled Rollouts & Sluggish Ramp-Up from Biorefineries
Overcoming Challenges with Cellulosic Ethanol Production in Biorefineries
Industry Centers Efforts to Make Biogas Production More Profitable
Catalytic Advances Favor Production & Upgrade of HMF in Biorefineries
Integrated Biorefineries: Potential Routes for Bio-Based Fuels & Chemicals
Biomass Valorization for Chemical Production in Biorefineries Aids Sustainability Efforts
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Biorefinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Biorefinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
World 11-Year Perspective for Biorefinery by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2016, 2021 & 2027
World Recent Past, Current & Future Analysis for Industrial Biotechnology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Industrial Biotechnology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
World 11-Year Perspective for Industrial Biotechnology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
World Recent Past, Current & Future Analysis for Physico-Chemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Physico-Chemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
World 11-Year Perspective for Physico-Chemical by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
World Recent Past, Current & Future Analysis for Thermochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Thermochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
World 11-Year Perspective for Thermochemical by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2021 & 2027
UNITED STATES
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
USA Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
USA 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Canada 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
JAPAN
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Japan 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
CHINA
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
China Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
China 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
EUROPE
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Biorefinery by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Europe Historic Review for Biorefinery by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Europe 11-Year Perspective for Biorefinery by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2016, 2021 & 2027
Europe Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Europe 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
FRANCE
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
France Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
France 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
GERMANY
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Germany 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Italy 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
UNITED KINGDOM
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
UK Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
UK 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Rest of Europe 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
ASIA-PACIFIC
Biorefinery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Asia-Pacific 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Biorefinery by Technology - Industrial Biotechnology, Physico-Chemical and Thermochemical Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2019 and % CAGR
Rest of World 11-Year Perspective for Biorefinery by Technology - Percentage Breakdown of Value Revenues for Industrial Biotechnology, Physico-Chemical and Thermochemical for the Years 2016, 2021 & 2027
Total Companies Profiled: 53

PREVIEW REPORT

YOUR PRIVACY MATTERS!

Our robust permission-based engagement strategy requires a one-time double opt-in and/or re-consent for all users. We will re-establish consent once a year from date of last use. Both these practices exceed GDPR mandates.

What we store: Primary coordinates such as email, company address and phone. In-house developed influencer rank.
How we store: Encrypted and additionally secured by firewalls.
How we use your data: Only to contact you directly. We never share your coordinates with any individual or entity outside our company for any reason.
Privacy queries: Privacy@StrategyR.com