Global Biorefinery Market Size, Status and Forecast 2021-2027

[Akshay Yadav]

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.

Successful market implementation of integrated biorefineries requires reliable processing units combined with environmentally acceptable and economically profitable production chains. Development and implementation of the biorefinery concept should include crop cultivation and the selection of crops that maximize full chain performance.

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Further biorefinery improvement is expected to generate more feedstocks, technologies, and coproducts, inevitably offering all kinds of economic opportunities. Research and development will speed up agricultural and rural development, increase industrial development, and open existing and newly created markets. It can be foreseen, however, that biorefinery technologies will develop gradually over time, because the more fractions are obtained the more markets should be served. All these markets dictate that raw materials and intermediates are available at a rather constant supply and therefore prices. The built up of this raw material supply will take time.

Biorefineries can provide a significant contribution to sustainable development, generating added value to sustainable biomass use and producing a range of biobased products (food, feed, materials, chemicals, fuels, power, and/or heat) at the same time. This requires optimal biomass conversion efficiency, thus minimizing feedstock requirements while at the same time strengthening economic viability of (e.g., agriculture, forestry, chemical and energy) market sectors. As biomass availability is limited, it should be used efficiently, effectively producing materials and energy in multi-purpose biorefineries. The perceived conflict between energy and food production can be allayed by developing technologies based on lignocellulosic materials but it was discussed before that this currently results in a much higher BCI. Biorefining requires further innovation but offers opportunities to all economic sectors. Building a biobased economy can help to overcome present difficulties while laying the foundation of an environmentally benign industry.

One of the key prerequisites of a successful biorefinery is to invite key stakeholders from separate backgrounds (agriculture/forestry, transportation fuels, chemicals, energy, etc.) to discuss common processing topics, foster necessary R&D trajectories and stimulate deployment of developed technologies in multi-disciplinary partnerships. Optimal economic and environmental performance can be further guaranteed by linking the most promising biobased products, that is, food, feed, (fiber-based) added-value materials and (functionalized and platform) chemicals with bioenergy production.

Market Analysis and Insights: Global Biorefinery Market

The global Biorefinery market size is projected to reach US$ 52680 million by 2027, from US$ 45370 million in 2020, at a CAGR of 2.2% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Biorefinery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Biorefinery market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Biorefinery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Biorefinery market.

Global Biorefinery Scope and Market Size

Biorefinery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Biorefinery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type

Biochemical
Thermochemical
Segment by Application

Bulk Chemicals
Biomaterial
Biofuel
Pharmaceuticals And Food Additives
By Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company

Abengoa Bioenergy Corp
Pacific Ethanol
Neste Oil OYJ
Renewable Energy Group Inc
UOP LLC
Valero Energy Corp
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Table of content
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Biorefinery Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Biochemical
1.2.3 Thermochemical
1.3 Market by Application
1.3.1 Global Biorefinery Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Bulk Chemicals
1.3.3 Biomaterial
1.3.4 Biofuel
1.3.5 Pharmaceuticals And Food Additives
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Biorefinery Market Perspective (2016-2027)
2.2 Biorefinery Growth Trends by Regions
2.2.1 Biorefinery Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Biorefinery Historic Market Share by Regions (2016-2021)
2.2.3 Biorefinery Forecasted Market Size by Regions (2022-2027)
2.3 Biorefinery Industry Dynamic
2.3.1 Biorefinery Market Trends
2.3.2 Biorefinery Market Drivers
2.3.3 Biorefinery Market Challenges
2.3.4 Biorefinery Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top Biorefinery Players by Revenue
3.1.1 Global Top Biorefinery Players by Revenue (2016-2021)
3.1.2 Global Biorefinery Revenue Market Share by Players (2016-2021)
3.2 Global Biorefinery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Biorefinery Revenue

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