Biorefinery Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	220 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185715

Best Price Guarantee
Price	from $4,850
Length	220 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185715

Biorefinery Market

Growth Factors of Biorefinery Market

The biorefinery market size was valued at USD 49.24 billion in 2023, and the market is now projected to grow from USD 53.40 billion in 2024 to USD 105.25 billion by 2032, exhibiting a CAGR of 8.85% during the forecast period of 2024-2032.

Construction suspension was a key factor attributed to the global COVID-19 lockdown affecting biorefinery market growth. The market also suffered the negative impact of the COVID-19 pandemic in many fields. Moreover, the sanctioning of new projects was the least for the year with a decline in annual growth rate because of low investment/repository potential simply due to economic upheaval in several countries.

Stringent environmental laws and consciousness have compelled the adoption of cleaner fuels and increased biorefinery market share, reducing the use of conventional energy sources that pollute the environment. After the Paris Agreement, the countries’ codified carbon targets have propped up waste-to-energy projects and sustainable chemical manufacturing through biorefineries. These changes align with international objectives for the environment and sustainable industrial and business operations.

Furthermore, technological innovation in biorefineries is imperative as the dependence on cleaner fuels increases, specifically for converting lignocellulosic biomass into bioenergy and bio-chemicals. Constraints involved in the decomposition of biomass are solved by pre-treatment procedures that work selectively, such as the innovative 2019 bloom bio-renewables SA pre-treatment procedure that selectively breaks down cellulose and lignin. These advancements are expected to foster the further development of biorefineries worldwide.

Comprehensive Analysis of Biorefinery Market

The market segmentation of the biorefinery market is growing exponentially and positively impacts the power & energy industry. This market expansion offers a comprehensive regional analysis given the supply and demand fundamentals that shape the renewables market. These segmentations are done systematically by feedstock, by process and by product. The feedstock include, Starch & Sugar Crops, Energy Crops, Organic & Agricultural Residues, Multifeedstock and Others. The process include, Biochemical Processes, Chemical Processes, Mechanical/Physical Processes, Thermochemical Processes and Multiprocess. The product include, Energy, Chemicals, Materials and Others.

Asia Pacific dominates the biofuel market, especially the Chinese market. The Chinese government has policies that favour its production making it the third-largest producer of ethanol in the world based on the information provided by the U.S. Department of Energy. This goes a long way in emphasizing the region's role in producing alternative fuels.

The top players in the biorefinery market are growing exponentially and positively impacting the power & energy industry. These players include, Honeywell International Inc. (U.S.), Chempolis (Finland), Sekab (Sweden), Ørsted A/S (Denmark), IES BIOGAS srl (Italy), AB HOLDING SPA (Italy), Zea2 Bioworks (U.S.), UPM Global (Finland), Neste (Finland) and BTS Biogas Srl/GmbH (Italy). These market players offer a level playing field competitive environment.

In January 2024, Eni SpA E- a technology-driven energy company, announced that it has Line’s third bio-refinery that will be established in Livorno, Italy. This is a significant development in the company’s commitment to decarburization and achieving other enthusiastic environmental objectives.

Segmentation Table

Global Biorefinery Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 8.85% from 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Feedstock, Process, Product, and Region

By Feedstock - Starch & Sugar Crops

- Energy Crops

- Organic & Agricultural Residues

- Multifeedstock

- Others

By Process - Biochemical Processes

- Chemical Processes

- Mechanical/ Physical Processes

- Thermochemical Processes

- Multiprocess

By Product - Energy

- Chemicals

- Materials

- Others

By Region - North America (By Feedstock, By Process, By Product, By Country)

U.S. (By Feedstock)
Canada (By Feedstock)

- Europe (By Feedstock, By Process, By Product, By Country)

U.K. (By Feedstock)
Germany (By Feedstock)
France (By Feedstock)
Italy (By Feedstock)
Spain (By Feedstock)
Sweden (By Feedstock)
Rest of Europe (By Feedstock)

- Asia Pacific (By Feedstock, By Process, By Product, By Country)

China (By Feedstock)
India (By Feedstock)
Japan (By Feedstock)
Indonesia (By Feedstock)
Australia (By Feedstock)
Rest of Asia Pacific (By Feedstock)

- Latin America (By Feedstock, By Process, By Product, By Country)

Brazil (By Feedstock)
Mexico (By Feedstock)
Rest of Latin America (By Feedstock)

- Middle East and Africa (By Feedstock, By Process, By Product, By Country)

Ethiopia (By Feedstock)
South Africa (By Feedstock)
GCC (By Feedstock)
Rest of Middle East & Africa (By Feedstock)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Countries; 4.2. Latest Technological Advancement; 4.3. Regulatory Landscape; 4.4. Porters Five Forces Analysis; 4.5. Impact of COVID-19 on the Biorefinery Market
5. Global Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Analysis, Insights, and Forecast – By Feedstock; 5.2.1. Starch & Sugar Crops; 5.2.2. Energy Crops; 5.2.3. Organic & Agricultural Residues; 5.2.4. Multifeedstock; 5.2.5. Others; 5.3. Market Analysis, Insights, and Forecast – By Processes; 5.3.1. Biochemical Processes; 5.3.2. Chemical Processes; 5.3.3. Mechanical/Physical Processes; 5.3.4. Thermochemical Processes; 5.3.5. Multiprocess; 5.4. Market Analysis, Insights, and Forecast – By Products; 5.4.1. Energy; 5.4.2. Chemicals; 5.4.3. Materials; 5.4.4. Others; 5.5. Market Analysis, Insights, and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Latin America; 5.5.5. Middle East & Africa
6. North America Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Analysis, Insights, and Forecast – By Feedstock; 6.2.1. Starch & Sugar Crops; 6.2.2. Energy Crops; 6.2.3. Organic & Agricultural Residues; 6.2.4. Multifeedstock; 6.2.5. Others; 6.3. Market Analysis, Insights, and Forecast – By Processes; 6.3.1. Biochemical Processes; 6.3.2. Chemical Processes; 6.3.3. Mechanical/Physical Processes; 6.3.4. Thermochemical Processes; 6.3.5. Multiprocess; 6.4. Market Analysis, Insights, and Forecast – By Products; 6.4.1. Energy; 6.4.2. Chemicals; 6.4.3. Materials; 6.4.4. Others; 6.5. Market Analysis, Insights, and Forecast – By Country; 6.5.1. United States Market Analysis, Insights, and Forecast – By Feedstock; 6.5.1.1. Starch & Sugar Crops; 6.5.1.2. Energy Crops; 6.5.1.3. Organic & Agricultural Residues; 6.5.1.4. Multifeedstock; 6.5.1.5. Others; 6.5.2. Canada Market Analysis, Insights, and Forecast – By Feedstock; 6.5.2.1. Starch & Sugar Crops; 6.5.2.2. Energy Crops; 6.5.2.3. Organic & Agricultural Residues; 6.5.2.4. Multifeedstock; 6.5.2.5. Others
7. Europe Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Analysis, Insights, and Forecast – By Feedstock; 7.2.1. Starch & Sugar Crops; 7.2.2. Energy Crops; 7.2.3. Organic & Agricultural Residues; 7.2.4. Multifeedstock; 7.2.5. Others; 7.3. Market Analysis, Insights, and Forecast – By Processes; 7.3.1. Biochemical Processes; 7.3.2. Chemical Processes; 7.3.3. Mechanical/Physical Processes; 7.3.4. Thermochemical Processes; 7.3.5. Multiprocess; 7.4. Market Analysis, Insights, and Forecast – By Products; 7.4.1. Energy; 7.4.2. Chemicals; 7.4.3. Materials; 7.4.4. Others; 7.5. Market Analysis, Insights, and Forecast – By Country; 7.5.1. Germany Market Analysis, Insights, and Forecast – By Feedstock; 7.5.1.1. Starch & Sugar Crops; 7.5.1.2. Energy Crops; 7.5.1.3. Organic & Agricultural Residues; 7.5.1.4. Multifeedstock; 7.5.1.5. Others; 7.5.2. United Kingdom Market Analysis, Insights, and Forecast – By Feedstock; 7.5.2.1. Starch & Sugar Crops; 7.5.2.2. Energy Crops; 7.5.2.3. Organic & Agricultural Residues; 7.5.2.4. Multifeedstock; 7.5.2.5. Others; 7.5.3. Italy Market Analysis, Insights, and Forecast – By Feedstock; 7.5.3.1. Starch & Sugar Crops; 7.5.3.2. Energy Crops; 7.5.3.3. Organic & Agricultural Residues; 7.5.3.4. Multifeedstock; 7.5.3.5. Others; 7.5.4. France Market Analysis, Insights, and Forecast – By Feedstock; 7.5.4.1. Starch & Sugar Crops; 7.5.4.2. Energy Crops; 7.5.4.3. Organic & Agricultural Residues; 7.5.4.4. Multifeedstock; 7.5.4.5. Others; 7.5.5. Sweden Market Analysis, Insights, and Forecast – By Feedstock; 7.5.5.1. Starch & Sugar Crops; 7.5.5.2. Energy Crops; 7.5.5.3. Organic & Agricultural Residues; 7.5.5.4. Multifeedstock; 7.5.5.5. Others; 7.5.6. Spain Market Analysis, Insights, and Forecast – By Feedstock; 7.5.6.1. Starch & Sugar Crops; 7.5.6.2. Energy Crops; 7.5.6.3. Organic & Agricultural Residues; 7.5.6.4. Multifeedstock; 7.5.6.5. Others; 7.5.7. Rest of Europe Market Analysis, Insights, and Forecast – By Feedstock; 7.5.7.1. Starch & Sugar Crops; 7.5.7.2. Energy Crops; 7.5.7.3. Organic & Agricultural Residues; 7.5.7.4. Multifeedstock; 7.5.7.5. Others
8. Asia Pacific Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Analysis, Insights, and Forecast – By Feedstock; 8.2.1. Starch & Sugar Crops; 8.2.2. Energy Crops; 8.2.3. Organic & Agricultural Residues; 8.2.4. Multifeedstock; 8.2.5. Others; 8.3. Market Analysis, Insights, and Forecast – By Processes; 8.3.1. Biochemical Processes; 8.3.2. Chemical Processes; 8.3.3. Mechanical/Physical Processes; 8.3.4. Thermochemical Processes; 8.3.5. Multiprocess; 8.4. Market Analysis, Insights, and Forecast – By Products; 8.4.1. Energy; 8.4.2. Chemicals; 8.4.3. Materials; 8.4.4. Others; 8.5. Market Analysis, Insights, and Forecast – By Country; 8.5.1. China Market Analysis, Insights, and Forecast – By Feedstock; 8.5.1.1. Starch & Sugar Crops; 8.5.1.2. Energy Crops; 8.5.1.3. Organic & Agricultural Residues; 8.5.1.4. Multifeedstock; 8.5.1.5. Others; 8.5.2. India Market Analysis, Insights, and Forecast – By Feedstock; 8.5.2.1. Starch & Sugar Crops; 8.5.2.2. Energy Crops; 8.5.2.3. Organic & Agricultural Residues; 8.5.2.4. Multifeedstock; 8.5.2.5. Others; 8.5.3. Japan Market Analysis, Insights, and Forecast – By Feedstock; 8.5.3.1. Starch & Sugar Crops; 8.5.3.2. Energy Crops; 8.5.3.3. Organic & Agricultural Residues; 8.5.3.4. Multifeedstock; 8.5.3.5. Others; 8.5.4. Indonesia Market Analysis, Insights, and Forecast – By Feedstock; 8.5.4.1. Starch & Sugar Crops; 8.5.4.2. Energy Crops; 8.5.4.3. Organic & Agricultural Residues; 8.5.4.4. Multifeedstock; 8.5.4.5. Others; 8.5.5. Australia Market Analysis, Insights, and Forecast – By Feedstock; 8.5.5.1. Starch & Sugar Crops; 8.5.5.2. Energy Crops; 8.5.5.3. Organic & Agricultural Residues; 8.5.5.4. Multifeedstock; 8.5.5.5. Others; 8.5.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast – By Feedstock; 8.5.6.1. Starch & Sugar Crops; 8.5.6.2. Energy Crops; 8.5.6.3. Organic & Agricultural Residues; 8.5.6.4. Multifeedstock; 8.5.6.5. Others
9. Latin America Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Analysis, Insights, and Forecast – By Feedstock; 9.2.1. Starch & Sugar Crops; 9.2.2. Energy Crops; 9.2.3. Organic & Agricultural Residues; 9.2.4. Multifeedstock; 9.2.5. Others; 9.3. Market Analysis, Insights, and Forecast – By Processes; 9.3.1. Biochemical Processes; 9.3.2. Chemical Processes; 9.3.3. Mechanical/Physical Processes; 9.3.4. Thermochemical Processes; 9.3.5. Multiprocess; 9.4. Market Analysis, Insights, and Forecast – By Products; 9.4.1. Energy; 9.4.2. Chemicals; 9.4.3. Materials; 9.4.4. Others; 9.5. Market Analysis, Insights and Forecast – By Country; 9.5.1. Brazil Market Analysis, Insights, and Forecast – By Feedstock; 9.5.1.1. Starch & Sugar Crops; 9.5.1.2. Energy Crops; 9.5.1.3. Organic & Agricultural Residues; 9.5.1.4. Multifeedstock; 9.5.1.5. Others; 9.5.2. Mexico Market Analysis, Insights, and Forecast – By Feedstock; 9.5.2.1. Starch & Sugar Crops; 9.5.2.2. Energy Crops; 9.5.2.3. Organic & Agricultural Residues; 9.5.2.4. Multifeedstock; 9.5.2.5. Others; 9.5.3. Rest of Latin America Market Analysis, Insights, and Forecast – By Feedstock; 9.5.3.1. Starch & Sugar Crops; 9.5.3.2. Energy Crops; 9.5.3.3. Organic & Agricultural Residues; 9.5.3.4. Multifeedstock; 9.5.3.5. Others
10. Middle East & Africa Biorefinery Market Analysis (USD Billion), Insights, and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. Market Analysis, Insights, and Forecast – By Feedstock; 10.2.1. Starch & Sugar Crops; 10.2.2. Energy Crops; 10.2.3. Organic & Agricultural Residues; 10.2.4. Multifeedstock; 10.2.5. Others; 10.3. Market Analysis, Insights, and Forecast – By Processes; 10.3.1. Biochemical Processes; 10.3.2. Chemical Processes; 10.3.3. Mechanical/Physical Processes; 10.3.4. Thermochemical Processes; 10.3.5. Multiprocess; 10.4. Market Analysis, Insights, and Forecast – By Products; 10.4.1. Energy; 10.4.2. Chemicals; 10.4.3. Materials; 10.4.4. Others; 10.5. Market Analysis, Insights, and Forecast – By Country; 10.5.1. Ethiopia Market Analysis, Insights, and Forecast – By Feedstock; 10.5.1.1. Starch & Sugar Crops; 10.5.1.2. Energy Crops; 10.5.1.3. Organic & Agricultural Residues; 10.5.1.4. Multifeedstock; 10.5.1.5. Others; 10.5.2. South Africa Market Analysis, Insights, and Forecast – By Feedstock; 10.5.2.1. Starch & Sugar Crops; 10.5.2.2. Energy Crops; 10.5.2.3. Organic & Agricultural Residues; 10.5.2.4. Multifeedstock; 10.5.2.5. Others; 10.5.3. GCC Market Analysis, Insights, and Forecast – By Feedstock; 10.5.3.1. Starch & Sugar Crops; 10.5.3.2. Energy Crops; 10.5.3.3. Organic & Agricultural Residues; 10.5.3.4. Multifeedstock; 10.5.3.5. Others; 10.5.4. Rest of Middle East & Africa Market Analysis, Insights, and Forecast – By Feedstock; 10.5.4.1. Starch & Sugar Crops; 10.5.4.2. Energy Crops; 10.5.4.3. Organic & Agricultural Residues; 10.5.4.4. Multifeedstock; 10.5.4.5. Others
11. Competitive Analysis: 11.1. Company Market Share Analysis, 2023; 11.2. Company Profile; 11.2.1. Honeywell International Inc.; 11.2.1.1. Business Overview; 11.2.1.2. Product & Service Offering; 11.2.1.3. Financials; 11.2.1.4. Recent Development; 11.2.2. Chempolis; 11.2.2.1. Business Overview; 11.2.2.2. Product & Service Offering; 11.2.2.3. Financials; 11.2.2.4. Recent Development; 11.2.3. SEKAB; 11.2.3.1. Business Overview; 11.2.3.2. Product & Service Offering; 11.2.3.3. Financials; 11.2.3.4. Recent Development; 11.2.4. Orsted; 11.2.4.1. Business Overview; 11.2.4.2. Product & Service Offering; 11.2.4.3. Financials; 11.2.4.4. Recent Development; 11.2.5. IES BIOGAS s.r.l; 11.2.5.1. Business Overview; 11.2.5.2. Product & Service Offering; 11.2.5.3. Financials; 11.2.5.4. Recent Development; 11.2.6. AB Holding SpA; 11.2.6.1. Business Overview; 11.2.6.2. Product & Service Offering; 11.2.6.3. Financials; 11.2.6.4. Recent Development; 11.2.7. Zea2; 11.2.7.1. Business Overview; 11.2.7.2. Product & Service Offering; 11.2.7.3. Financials; 11.2.7.4. Recent Development; 11.2.8. UPM Global; 11.2.8.1. Business Overview; 11.2.8.2. Product & Service Offering; 11.2.8.3. Financials; 11.2.8.4. Recent Development; 11.2.9. Neste; 11.2.9.1. Business Overview; 11.2.9.2. Product & Service Offering; 11.2.9.3. Financials; 11.2.9.4. Recent Development; 11.2.10. BTS Biogas Srl/GmbH; 11.2.10.1. Business Overview; 11.2.10.2. Product & Service Offering; 11.2.10.3. Financials; 11.2.10.4. Recent Development