Global Biorefinery Market 2024-2028
Biorefinery Market 2024-2028
The biorefinery market is forecasted to grow by USD 656.1 mn during 2023-2028, accelerating at a CAGR of 11.64% during the forecast period. The report on the biorefinery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for sustainable energy resources, growing demand for biofuels and bio-based polymers, and favorable government policies.
Technavio's biorefinery market is segmented as below:
By Technology
- Industrial biotechnology
- Physico-chemical
- Thermochemical
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the energy independence as one of the prime reasons driving the biorefinery market growth during the next few years. Also, rising investments and integrated productions will lead to sizable demand in the market.
The report on the biorefinery market covers the following areas:
- Biorefinery market sizing
- Biorefinery market forecast
- Biorefinery market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biorefinery market vendors that include Abengoa SA, ALTO INGREDIENTS Inc., BP PLC, Cargill Inc., Darling Ingredients Inc., Honeywell International Inc., Neste Corp., POET LLC, Renewable Energy Group Inc., Sinopec Shanghai Petrochemical Co. Ltd., and Valero Energy Corp.. Also, the biorefinery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The comapnies presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.