Global Biorefinery Market Growth (Status and Outlook) 2023-2029

Global Biorefinery Market Growth (Status and Outlook) 2023-2029

Biorefinery is the sustainable processing of biomass into a spectrum of marketable products and energy. In this process, agriculture waste, Plant-based starch and lignocellulosic materials are used to produce all kinds of chemicals, fuel and bio-based materials. Biorefinery can be a facility, a process, a plant, or even a cluster of facilities. A main driver for the establishment of biorefineries is the sustainability aspect. All biorefineries should be assessed for the entire value chain on their environmental, economic, and social sustainability covering the whole life cycle (construction—operation—dismantling). This assessment should also take into account the possible consequences due to the competition for food and biomass resources, the impact on water use and quality, changes in land-use, soil carbon stock balance and fertility, net balance of GHGs, impact on biodiversity, potential toxicological risks, and energy efficiency.

LPI (LP Information)' newest research report, the “Biorefinery Industry Forecast” looks at past sales and reviews total world Biorefinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Biorefinery sales for 2023 through 2029. With Biorefinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biorefinery industry.

This Insight Report provides a comprehensive analysis of the global Biorefinery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biorefinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biorefinery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biorefinery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biorefinery.

The global Biorefinery market size is projected to grow from US$ 46060 million in 2022 to US$ 57080 million in 2029; it is expected to grow at a CAGR of 3.1% from 2023 to 2029.

Global Biorefinery key players include Abengoa Bioenergy Corp, Renewable Energy Group Inc, Valero Energy Corp, etc. Global top three manufacturers hold a share over 15%.

Europe is the largest market, with a share about 45%, followed by China, and USA, both have a share over 20 percent.

In terms of product, Biochemical is the largest segment, with a share over 80%. And in terms of application, the largest application is Biofuel, followed by Bulk chemicals, Pharmaceuticals and food additives, Biomaterial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Biorefinery market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Biochemical

Thermochemical

Segmentation by application

Bulk Chemicals

Biomaterial

Biofuel

Pharmaceuticals And Food Additives

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Abengoa Bioenergy Corp

Pacific Ethanol

Neste Oil OYJ

Renewable Energy Group Inc

UOP LLC

Valero Energy Corp

Please note: The report will take approximately 2 business days to prepare and deliver.