Report Description

Global Biorefinery Market is anticipated to develop rapidly in the forecast period, 2024-2028, A biorefinery has the ability to convert biomass into fuels, electricity, and chemicals from agricultural, forest, and waste feedstock. Biorefinery has an advantage of producing multiple products, maximizing the value derived from the feedstock.

Rise in Interest Towards Environmental Sustainability

The increased concentration of Green House Gases (GHGs) is causing dramatic climatic changes such as temperature rise, changes in rainfall distribution, intensity, and pattern, rising sea levels, floods, droughts, along with increased occurrence of extreme climatic phenomena, all of which is known to cause global warming”. Biofuels, biopower, and bioproducts are replacements for fossil fuels and can help lower greenhouse gas emissions and create economic opportunities among consumers and industries.

Technological Advancements and Increasing Investment in Biorefinery Market

The potential benefits of biorefining for businesses and society are enormous. Bioenergy is used on a large scale which enhances the environment as it is a renewable resource and its production and consumption result in low greenhouse gas emissions and in some cases come up to zero. Bioenergy also improves national and international security by reducing U.S. dependence on foreign oil, especially Middle Eastern oil, and military spending. Additionally, the macroeconomic situation of rural communities would be improved by bioenergy because the demand for agricultural products such as energy crops could potentially increase to a level. Therefore, to support the demand for agricultural products there are some investments done by government to support Biorefineries are:

US Department of Energy provides up to USD 100 million for research and development for biomass conversion to fuels and chemicals, including R&D for improved production and recycling of biobased plastics.

India launched “Innovation Roadmap of the Mission Integrated Biorefineries” as India aims to achieve missions like clean energy by 2030. 500-Gigawatt non-fossil energy capacity, reduced carbon intensity by 45% over 2005 levels, and net zero emissions by 2070.

The Government of Uttar Pradesh proposed six biofuel investment of almost USD 211 million.

Formation of Climate Act and the Climate Policy Framework, aims to decrease 70% transport sector’s climate impact by 2030, compared with 2010. This reduction can be achieved by increasing proportion of renewable fuels such as biofuels.

Rise in Innovations and Developments from Market Players  

Biorefinery is considered to be a sustainable concept for the transformation of biomass into a extensive range of products. Biorefinery is a critical element of a circular economy and involves closing stream loops and multiple outputs. Therefore, companies and businesses are increasingly focusing on the innovations and development of biorefineries. For instance:

Fintoil, and Neste Engineering Solutions, collaborated and adopted EMERSON AUTOMATION SOFTWARE AND TECHNOLOGIES to maximize the operational performance of its biorefinery plant to produce advanced biofuel and biochemical feedstocks, helping lower emissions and reduce dependence on fossil-based fuels.

Fluctuations in global economy

The global economy is facing high fluctuations due to pandemic and Russia’s invasion of Ukraine. Biomasses provide several socio-economic and environmental benefit, it has impacted the biorefineries market. Moreover, with the stringent laws and regulations among various countries have impacted the biorefineries market. As, in many countries, waste regulations have become increasingly strict. Therefore, flexible approach to waste regulation is required to make sure that potentially useful waste feedstocks from bio refining.


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Market Segmentation

The Global Biorefinery Market is divided into Product, Production Facility Size, Feedstock and Process. Based on Product, the market is divided into Energy, Chemical and Material. By Production Facility Size, the market is divided into small and medium-sized production facility, and large production facility. By Feedstock, the market is divided into Primary Biomass and Secondary Biomass. By Process, the market is divided into Thermochemical, Biochemical, Chemical, and Mechanical & Thermomechanical.

The demand for bioenergy and depletion of fossil fuels are fueling the market for Biorefinery Market and exhibiting a rapid growth of compound annual growth rate (CAGR) during the forecast period.

Market Players

Valero Energy Corporation, Honeywell UOP, Renewable Energy Group, Neste, Abengoa, Godavari Biorefineries Ltd., Sekab, TotalEnergies, Borregard AS and Vivergo Fuel are major market players in the global biorefinery market.

 

Key developments

In March 2021, Valero Energy Corporation and BlackRock Global Energy & Power Infrastructure partnered with Navigator Energy Services, to develop an industrial scale carbon capture pipeline system (CCS). The CCS provides an energy transition through innovation in renewables such as biorefineries.

In April 2021, Honeywell and Brazil-based ECB Group collaborated to use UOP Ecofining process to convert vegetable oils and inedible animal fats into renewable diesel and jet fuel.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023 – 2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Product

Production Facility Size

Feedstock

Process

Regional scope

North America; Asia-Pacific; Europe; South America; Middle East

Country scope

United States; Canada; Mexico; China; Indian; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy; Spain; Poland; Colombia; Brazil; Argentina; Peru; Chile; Africa, Saudi Arabia; South Africa; UAE; Iraq; Turkey

Key companies profiled

Valero Energy Corporation, Honeywell UOP, Renewable Energy Group, Neste, Abengoa, Godavari Biorefineries Ltd., Sekab, TotalEnergies, Borregard AS and Vivergo Fuel.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Global Biorefinery Market has been segmented into the following categories, in addition to the Process trends, which have also been detailed below:

·         Global Biorefinery Market, By Product:

o   Energy-driven biorefineries

o   Material-driven biorefineries

·         Global Biorefinery Market, By Production Facility Size:

o   Small and medium-sized production facility

o   Large production facility

·         Global Biorefinery Market, By Feedstock:

o   Primary

o   Secondary

·         Global Biorefinery Market, By Process:

o   Thermochemical

o   Biochemical

o   Chemical

o   Mechanical and Thermomechanical

·         Global Biorefinery Market, By Region:

o   North America

§  United States

§  Mexico

o   Asia-Pacific

§  India

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

§  China

o   Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

§  Poland

§  Denmark

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East

§  South Arabia

§  South Africa

§  UAE

§  Iraq

§  Turkey

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Biorefinery Market.

Available Customizations:

Global Biorefinery Market report with the given market data, Tech Sci Research, offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to ten).

Global Biorefinery Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on the Global Biorefinery Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Supplier

5.3.  Key Satisfaction Level

5.4.  Major Challenges Faced

5.5.  Environmental Concern

5.6.  Consumers actions to lead a sustainable lifestyle

5.7.  What is consider a sustainable product?

5.8.  Environmentally sustainable and ethical values

6.    Global Biorefinery Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product (Energy, Chemical and Material)

6.2.2.    By Production Facility Size (Small and medium-sized production facility, and large production facility)

6.2.3.    By Feedstock (Primary Biomass and Secondary Biomass)

6.2.4.    By Process (Thermochemical, Biochemical, Chemical, and Mechanical & Thermomechanical)

6.2.5.    By Region

6.2.6.    By Company

6.3.  Market Map

6.4.  Value Chain Analysis

6.5.  Regulatory and Standardizations Related to Biorefinery Market​

6.6.  Innovations Related to Biorefinery Market   ​

6.7.  Porter's Five Forces Analysis

6.7.1.    The Threat of New Entrants

6.7.2.    Bargaining Power of Buyers/Consumers

6.7.3.    Bargaining Power of Suppliers

6.7.4.    The Threat of Substitute Products

6.7.5.    The Intensity of Competitive Rivalry

7.    North America Biorefinery Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product

7.2.2.    By Production Facility Size

7.2.3.    By Feedstock

7.2.4.    By Process

7.2.5.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Biorefinery Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product

7.3.1.2.2.           By Production Facility Size

7.3.1.2.3.           By Feedstock

7.3.1.2.4.           By Process

7.3.2.    Canada Biorefinery Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product

7.3.2.2.2.           By Production Facility Size

7.3.2.2.3.           By Feedstock

7.3.2.2.4.           By Process

7.3.3.    Mexico Biorefinery Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product

7.3.3.2.2.           By Production Facility Size

7.3.3.2.3.           By Feedstock

7.3.3.2.4.           By Process

8.    Asia-Pacific Biorefinery Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product

8.2.2.    By Production Facility Size

8.2.3.    By Feedstock

8.2.4.    By Process

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Biorefinery Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product

8.3.1.2.2.           By Production Facility Size

8.3.1.2.3.           By Feedstock

8.3.1.2.4.           By Process

8.3.2.    India Biorefinery Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product

8.3.2.2.2.           By Production Facility Size

8.3.2.2.3.           By Feedstock

8.3.2.2.4.           By Process

8.3.3.    Japan Biorefinery Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product

8.3.3.2.2.           By Production Facility Size

8.3.3.2.3.           By Feedstock

8.3.3.2.4.           By Process

8.3.4.    South Korea Biorefinery Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product

8.3.4.2.2.           By Production Facility Size

8.3.4.2.3.           By Feedstock

8.3.4.2.4.           By Process

8.3.5.    Australia Biorefinery Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product

8.3.5.2.2.           By Production Facility Size

8.3.5.2.3.           By Feedstock

8.3.5.2.4.           By Process

8.3.6.    Singapore Biorefinery Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value 

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Product

8.3.6.2.2.           By Production Facility Size

8.3.6.2.3.           By Feedstock

8.3.6.2.4.           By Process

8.3.7.    Malaysia Biorefinery Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value 

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Product

8.3.7.2.2.           By Production Facility Size

8.3.7.2.3.           By Feedstock

8.3.7.2.4.           By Process

9.    Europe Biorefinery Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product

9.2.2.    By Production Facility Size

9.2.3.    By Feedstock

9.2.4.    By Process

9.2.5.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Biorefinery Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product

9.3.1.2.2.           By Production Facility Size

9.3.1.2.3.           By Feedstock

9.3.1.2.4.           By Process

9.3.2.    United Kingdom Biorefinery Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product

9.3.2.2.2.           By Production Facility Size

9.3.2.2.3.           By Feedstock

9.3.2.2.4.           By Process

9.3.3.    France Biorefinery Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product

9.3.3.2.2.           By Production Facility Size

9.3.3.2.3.           By Feedstock

9.3.3.2.4.           By Process

9.3.4.    Italy Biorefinery Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value 

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Product

9.3.4.2.2.           By Production Facility Size