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Biorefinery Market 2024 Trends and Forecasts 2032: Analyzing Growth Opportunities

Biorefinery Market 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 North America (U.S., Canada), by Europe (U.K., Germany, France, Italy, Spain, Sweden, Rest of Europe), by Asia Pacific (China, India, Japan, Indonesia, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (Ethiopia, South Africa, GCC, Rest of Middle East & Africa) Forecast 2024-2032

Oct 11 2024
Base Year: 2023
150 Pages
Market Research Future Logo

Biorefinery Market 2024 Trends and Forecasts 2032: Analyzing Growth Opportunities

Key Insights

The Biorefinery Market size was valued at USD 41.88 USD Billion in 2023 and is projected to reach USD 60.52 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. The biorefinery market is all about the biomass to the products which are biofuels, biochemicals, and biomaterials that are produced sustainably and efficiently. Biorefineries use many feedstocks like agricultural residues, forest biomass, algae, and waste materials to produce renewable substitutes for fossil-based products. They are the main factor in the shift from a bio-based economy due to the lowering of the use of non-renewable resources and the minimization of the environmental impact. Pivotal examples of these applications are the production of bioethanol, biodiesel, bioplastics, and biochemicals for transportation, chemicals, and materials sectors. Nowadays, the market of the biorefinery is full of new trends that are brought by the integration of advanced technologies like enzymatic conversion, microbial fermentation, and thermal processes that are used to improve the efficiency, yield, and variety of products that are produced which become the main cause of the growth and sustainability of the biorefinery market.

Biorefinery Trends

  • Increasing adoption of biofuels to reduce carbon emissions
  • Development of advanced biorefinery technologies for efficient biomass conversion
  • Integration of biorefineries with bioenergy and biomaterial industries
  • Government incentives and policies to promote biorefinery development

Driving Forces: What's Propelling the Biorefinery Market

  • **Growing Climate Concerns and Sustainability Imperative:** Heightened awareness about climate change and the urgent need for sustainable energy solutions are driving demand for biorefineries, which offer environmentally friendly alternatives to fossil fuels.
  • **Depletion of Fossil Fuel Resources and Price Volatility:** The depletion of conventional fossil fuel reserves and the fluctuating nature of oil prices have increased the need for reliable and renewable energy sources, making biorefineries a promising option.
  • **Government Incentives and Policies:** Governments worldwide are implementing supportive regulations, mandates, and incentives for renewable energy production, including biofuels, fostering the growth of the biorefinery market.
  • **Advancements in Biotechnology and Process Engineering:** Ongoing advancements in biotechnology and process engineering have improved the efficiency and cost-effectiveness of biorefinery operations, enabling the production of a wider range of bio-based products.
  • **Surging Demand for Bio-based Products:** The increasing demand for bio-based products such as bioplastics, biochemicals, and biofuels is creating a robust market for biorefineries that utilize sustainable feedstocks.

Challenges and Restraints in Biorefinery Market

  • High capital investment and operating costs
  • Technological complexities of biorefinery processes
  • Competition from traditional fossil fuel industries
  • Limited availability of sustainable biomass feedstocks
  • Lack of infrastructure and logistics for biomass transportation

Emerging Trends in Biorefinery

  • Biorefineries with integrated waste management
  • Use of non-food biomass feedstocks
  • Development of platform technologies for multi-product production
  • Biorefining of algae and microalgae
  • Integration of artificial intelligence and digital technologies

Growth Catalysts in Biorefinery Industry

Biorefinery Market Growth
  • Favorable government policies and incentives
  • Collaboration between industry players and research institutions
  • Innovations in biorefinery processes and technologies
  • Increasing demand for renewable transportation fuels
  • Growing applications of bio-based materials in various industries

Market Segmentation: Biorefinery Analysis

Feedstock:

  • Starch & Sugar Crops
  • Energy Crops
  • Organic & Agricultural Residues
  • Multifeedstock
  • Others

Process:

  • Biochemical Processes
  • Chemical Processes
  • Mechanical/Physical Processes
  • Thermochemical Processes
  • Multiprocess

Product:

  • Energy
  • Chemicals
  • Materials
  • Others

Leading Players in the Biorefinery Market

  • 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)
  • BTS Biogas Srl/GmbH (Italy)

Significant developments in Biorefinery Sector

  • Commissioning of the world's largest biorefinery in Rotterdam, the Netherlands by Neste
  • Development of a novel low-carbon biofuel by UPM Global
  • Strategic partnerships between biorefinery companies and oil and gas majors for sustainable fuel production
  • Investment in research and development for advanced biorefinery technologies

Comprehensive Coverage Biorefinery Market Report

Biorefinery Market Report

Regional Insight

  • **North America (U.S. and Canada):** A leading region in biorefinery adoption due to government policies, advanced feedstock availability, and a mature biofuels market.
  • **Europe (Germany, France, UK, and Rest of Europe):** Strong demand for renewable energy and a focus on bio-based product development drive the growth in this region.
  • **Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific):** Rapid economic growth and increasing energy demand make this region a potential hub for biorefinery development, with focus on biofuels and biomaterials.
  • **Latin America (Brazil, Mexico, and Rest of Latin America):** Brazil's sugarcane-based bioethanol industry dominates this region, with potential for expansion into other renewable feedstocks.
  • **Middle East & Africa (Saudi Arabia, UAE, and Rest of Middle East & Africa):** Growing oil wealth and a desire for diversification drive interest in biorefineries for alternative energy production and value-added product development.

Technology Analysis

  • Fluidized Bed Reactors
  • Gasification
  • Hydrolysis
  • Pyrolysis
  • Fermentation

PESTLE Analysis

  • Political: Government regulations and policies, trade agreements
  • Economic: Economic growth, energy prices, interest rates
  • Social: Public awareness of sustainability, consumer demand for bio-based products
  • Technological: Advancements in biotechnology, process engineering
  • Legal: Environmental regulations, intellectual property rights
  • Environmental: Climate change mitigation, waste management

Portor's Five Force Analysis

  • Threat of new entrants: High entry barriers due to capital intensity and technological expertise
  • Bargaining power of suppliers: Moderate to high, as biomass feedstock availability can impact costs
  • Bargaining power of buyers: Moderate to high, as biorefineries produce standardized products
  • Threat of substitutes: Medium, with competition from fossil fuels and other renewable energy sources
  • Rivalry among existing competitors: Moderate to intense competition among established biorefinery companies

BCG Matrix

  • Stars: Neste, UPM Global
  • Question Marks: Chempolis, Sekab
  • Cash Cows: Ørsted A/S, IES BIOGAS srl
  • Dogs: AB HOLDING SPA, Zea2 Bioworks

Import & Export Analysis

  • Major biofuel importing countries include the U.S., EU countries, China
  • Major biofuel exporting countries include Brazil, Indonesia, Argentina

Production & Consumption

  • Bioethanol production is concentrated in the U.S., Brazil, and the EU
  • Biodiesel production is primarily in Indonesia, the EU, and Argentina

Regulatory Landscape

  • Renewable Fuel Standards (U.S.)
  • Bioenergy Directive (EU)
  • National Policy on Biofuels (India)
  • National Renewable Energy Action Plan (China)

Biorefinery Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 5.4% from 2018-2032
Segmentation
    • 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 Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Sweden
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Indonesia
      • Australia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • Ethiopia
      • South Africa
      • GCC
      • Rest of Middle East & Africa

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Focus on Safety and Organization to Fuel Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Availability of Smartwatch Alternatives to Hinder the Market Growth of Smartwatch Battery 
      • 3.4. Market Trends
        • 3.4.1. Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Feedstock
      • 5.1.1. Starch & Sugar Crops
      • 5.1.2. Energy Crops
      • 5.1.3. Organic & Agricultural Residues
      • 5.1.4. Multifeedstock
      • 5.1.5. Others
    • 5.2. Market Analysis, Insights and Forecast - by Process
      • 5.2.1. Biochemical Processes
      • 5.2.2. Chemical Processes
      • 5.2.3. Mechanical/Physical Processes
      • 5.2.4. Thermochemical Processes
      • 5.2.5. Multiprocess
    • 5.3. Market Analysis, Insights and Forecast - by Product
      • 5.3.1. Energy
      • 5.3.2. Chemicals
      • 5.3.3. Materials
      • 5.3.4. Others
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. North America
      • 5.4.2. Europe
      • 5.4.3. Asia Pacific
      • 5.4.4. Latin America
      • 5.4.5. Middle East & Africa
  6. 6. North America Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 6.1. Market Analysis, Insights and Forecast - by Feedstock
      • 6.1.1. Starch & Sugar Crops
      • 6.1.2. Energy Crops
      • 6.1.3. Organic & Agricultural Residues
      • 6.1.4. Multifeedstock
      • 6.1.5. Others
    • 6.2. Market Analysis, Insights and Forecast - by Process
      • 6.2.1. Biochemical Processes
      • 6.2.2. Chemical Processes
      • 6.2.3. Mechanical/Physical Processes
      • 6.2.4. Thermochemical Processes
      • 6.2.5. Multiprocess
    • 6.3. Market Analysis, Insights and Forecast - by Product
      • 6.3.1. Energy
      • 6.3.2. Chemicals
      • 6.3.3. Materials
      • 6.3.4. Others
  7. 7. Europe Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 7.1. Market Analysis, Insights and Forecast - by Feedstock
      • 7.1.1. Starch & Sugar Crops
      • 7.1.2. Energy Crops
      • 7.1.3. Organic & Agricultural Residues
      • 7.1.4. Multifeedstock
      • 7.1.5. Others
    • 7.2. Market Analysis, Insights and Forecast - by Process
      • 7.2.1. Biochemical Processes
      • 7.2.2. Chemical Processes
      • 7.2.3. Mechanical/Physical Processes
      • 7.2.4. Thermochemical Processes
      • 7.2.5. Multiprocess
    • 7.3. Market Analysis, Insights and Forecast - by Product
      • 7.3.1. Energy
      • 7.3.2. Chemicals
      • 7.3.3. Materials
      • 7.3.4. Others
  8. 8. Asia Pacific Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 8.1. Market Analysis, Insights and Forecast - by Feedstock
      • 8.1.1. Starch & Sugar Crops
      • 8.1.2. Energy Crops
      • 8.1.3. Organic & Agricultural Residues
      • 8.1.4. Multifeedstock
      • 8.1.5. Others
    • 8.2. Market Analysis, Insights and Forecast - by Process
      • 8.2.1. Biochemical Processes
      • 8.2.2. Chemical Processes
      • 8.2.3. Mechanical/Physical Processes
      • 8.2.4. Thermochemical Processes
      • 8.2.5. Multiprocess
    • 8.3. Market Analysis, Insights and Forecast - by Product
      • 8.3.1. Energy
      • 8.3.2. Chemicals
      • 8.3.3. Materials
      • 8.3.4. Others
  9. 9. Latin America Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 9.1. Market Analysis, Insights and Forecast - by Feedstock
      • 9.1.1. Starch & Sugar Crops
      • 9.1.2. Energy Crops
      • 9.1.3. Organic & Agricultural Residues
      • 9.1.4. Multifeedstock
      • 9.1.5. Others
    • 9.2. Market Analysis, Insights and Forecast - by Process
      • 9.2.1. Biochemical Processes
      • 9.2.2. Chemical Processes
      • 9.2.3. Mechanical/Physical Processes
      • 9.2.4. Thermochemical Processes
      • 9.2.5. Multiprocess
    • 9.3. Market Analysis, Insights and Forecast - by Product
      • 9.3.1. Energy
      • 9.3.2. Chemicals
      • 9.3.3. Materials
      • 9.3.4. Others
  10. 10. Middle East & Africa Biorefinery Market Analysis, Insights and Forecast, 2018-2030
    • 10.1. Market Analysis, Insights and Forecast - by Feedstock
      • 10.1.1. Starch & Sugar Crops
      • 10.1.2. Energy Crops
      • 10.1.3. Organic & Agricultural Residues
      • 10.1.4. Multifeedstock
      • 10.1.5. Others
    • 10.2. Market Analysis, Insights and Forecast - by Process
      • 10.2.1. Biochemical Processes
      • 10.2.2. Chemical Processes
      • 10.2.3. Mechanical/Physical Processes
      • 10.2.4. Thermochemical Processes
      • 10.2.5. Multiprocess
    • 10.3. Market Analysis, Insights and Forecast - by Product
      • 10.3.1. Energy
      • 10.3.2. Chemicals
      • 10.3.3. Materials
      • 10.3.4. Others
  11. 11. North Americ Biorefinery Market Analysis, Insights and Forecast, 2018-2030
      • 11.1. Market Analysis, Insights and Forecast - By Feedstock
        • 11.1.1 Starch & Sugar Crops
        • 11.1.2 Energy Crops
        • 11.1.3 Organic & Agricultural Residues
        • 11.1.4 Multifeedstock
        • 11.1.5 Others
      • 11.2. Market Analysis, Insights and Forecast - By Process
        • 11.2.1 Biochemical Processes
        • 11.2.2 Chemical Processes
        • 11.2.3 Mechanical/Physical Processes
        • 11.2.4 Thermochemical Processes
        • 11.2.5 Multiprocess
      • 11.3. Market Analysis, Insights and Forecast - By Product
        • 11.3.1 Energy
        • 11.3.2 Chemicals
        • 11.3.3 Materials
        • 11.3.4 Others
      • 11.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 11.4.1 United States
        • 11.4.2 Canada
        • 11.4.3 Mexico
  12. 12. South America Biorefinery Market Analysis, Insights and Forecast, 2018-2030
      • 12.1. Market Analysis, Insights and Forecast - By Feedstock
        • 12.1.1 Starch & Sugar Crops
        • 12.1.2 Energy Crops
        • 12.1.3 Organic & Agricultural Residues
        • 12.1.4 Multifeedstock
        • 12.1.5 Others
      • 12.2. Market Analysis, Insights and Forecast - By Process
        • 12.2.1 Biochemical Processes
        • 12.2.2 Chemical Processes
        • 12.2.3 Mechanical/Physical Processes
        • 12.2.4 Thermochemical Processes
        • 12.2.5 Multiprocess
      • 12.3. Market Analysis, Insights and Forecast - By Product
        • 12.3.1 Energy
        • 12.3.2 Chemicals
        • 12.3.3 Materials
        • 12.3.4 Others
      • 12.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 12.4.1 Brazil
        • 12.4.2 Mexico
        • 12.4.3 Rest of South America
  13. 13. Europe Biorefinery Market Analysis, Insights and Forecast, 2018-2030
      • 13.1. Market Analysis, Insights and Forecast - By Feedstock
        • 13.1.1 Starch & Sugar Crops
        • 13.1.2 Energy Crops
        • 13.1.3 Organic & Agricultural Residues
        • 13.1.4 Multifeedstock
        • 13.1.5 Others
      • 13.2. Market Analysis, Insights and Forecast - By Process
        • 13.2.1 Biochemical Processes
        • 13.2.2 Chemical Processes
        • 13.2.3 Mechanical/Physical Processes
        • 13.2.4 Thermochemical Processes
        • 13.2.5 Multiprocess
      • 13.3. Market Analysis, Insights and Forecast - By Product
        • 13.3.1 Energy
        • 13.3.2 Chemicals
        • 13.3.3 Materials
        • 13.3.4 Others
      • 13.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 13.4.1 Germany
        • 13.4.2 United Kingdom
        • 13.4.3 France
        • 13.4.4 Italy
        • 13.4.5 Spain
        • 13.4.6 Rest of Europe
  14. 14. Asia Pacific Biorefinery Market Analysis, Insights and Forecast, 2018-2030
      • 14.1. Market Analysis, Insights and Forecast - By Feedstock
        • 14.1.1 Starch & Sugar Crops
        • 14.1.2 Energy Crops
        • 14.1.3 Organic & Agricultural Residues
        • 14.1.4 Multifeedstock
        • 14.1.5 Others
      • 14.2. Market Analysis, Insights and Forecast - By Process
        • 14.2.1 Biochemical Processes
        • 14.2.2 Chemical Processes
        • 14.2.3 Mechanical/Physical Processes
        • 14.2.4 Thermochemical Processes
        • 14.2.5 Multiprocess
      • 14.3. Market Analysis, Insights and Forecast - By Product
        • 14.3.1 Energy
        • 14.3.2 Chemicals
        • 14.3.3 Materials
        • 14.3.4 Others
      • 14.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 14.4.1 China
        • 14.4.2 Japan
        • 14.4.3 India
        • 14.4.4 South Korea
        • 14.4.5 Taiwan
        • 14.4.6 Australia
        • 14.4.7 Rest of Asia-Pacific
  15. 15. MEA Biorefinery Market Analysis, Insights and Forecast, 2018-2030
      • 15.1. Market Analysis, Insights and Forecast - By Feedstock
        • 15.1.1 Starch & Sugar Crops
        • 15.1.2 Energy Crops
        • 15.1.3 Organic & Agricultural Residues
        • 15.1.4 Multifeedstock
        • 15.1.5 Others
      • 15.2. Market Analysis, Insights and Forecast - By Process
        • 15.2.1 Biochemical Processes
        • 15.2.2 Chemical Processes
        • 15.2.3 Mechanical/Physical Processes
        • 15.2.4 Thermochemical Processes
        • 15.2.5 Multiprocess
      • 15.3. Market Analysis, Insights and Forecast - By Product
        • 15.3.1 Energy
        • 15.3.2 Chemicals
        • 15.3.3 Materials
        • 15.3.4 Others
      • 15.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 15.4.1 Middle East
        • 15.4.2 Africa
  16. 16. Competitive Analysis
    • 16.1. Global Market Share Analysis 2023
      • 16.2. Company Profiles
        • 16.2.1 Honeywell International Inc. (U.S.)
          • 16.2.1.1. Overview
          • 16.2.1.2. Products
          • 16.2.1.3. SWOT Analysis
          • 16.2.1.4. Recent Developments
          • 16.2.1.5. Financials (Based on Availability)
        • 16.2.2 Chempolis (Finland)
          • 16.2.2.1. Overview
          • 16.2.2.2. Products
          • 16.2.2.3. SWOT Analysis
          • 16.2.2.4. Recent Developments
          • 16.2.2.5. Financials (Based on Availability)
        • 16.2.3 Sekab (Sweden)
          • 16.2.3.1. Overview
          • 16.2.3.2. Products
          • 16.2.3.3. SWOT Analysis
          • 16.2.3.4. Recent Developments
          • 16.2.3.5. Financials (Based on Availability)
        • 16.2.4 Ørsted A/S (Denmark)
          • 16.2.4.1. Overview
          • 16.2.4.2. Products
          • 16.2.4.3. SWOT Analysis
          • 16.2.4.4. Recent Developments
          • 16.2.4.5. Financials (Based on Availability)
        • 16.2.5 IES BIOGAS srl (Italy)
          • 16.2.5.1. Overview
          • 16.2.5.2. Products
          • 16.2.5.3. SWOT Analysis
          • 16.2.5.4. Recent Developments
          • 16.2.5.5. Financials (Based on Availability)
        • 16.2.6 AB HOLDING SPA (Italy)
          • 16.2.6.1. Overview
          • 16.2.6.2. Products
          • 16.2.6.3. SWOT Analysis
          • 16.2.6.4. Recent Developments
          • 16.2.6.5. Financials (Based on Availability)
        • 16.2.7 Zea2 Bioworks (U.S.)
          • 16.2.7.1. Overview
          • 16.2.7.2. Products
          • 16.2.7.3. SWOT Analysis
          • 16.2.7.4. Recent Developments
          • 16.2.7.5. Financials (Based on Availability)
        • 16.2.8 UPM Global (Finland)
          • 16.2.8.1. Overview
          • 16.2.8.2. Products
          • 16.2.8.3. SWOT Analysis
          • 16.2.8.4. Recent Developments
          • 16.2.8.5. Financials (Based on Availability)
        • 16.2.9 Neste (Finland)
          • 16.2.9.1. Overview
          • 16.2.9.2. Products
          • 16.2.9.3. SWOT Analysis
          • 16.2.9.4. Recent Developments
          • 16.2.9.5. Financials (Based on Availability)
        • 16.2.10 BTS Biogas Srl/GmbH (Italy)
          • 16.2.10.1. Overview
          • 16.2.10.2. Products
          • 16.2.10.3. SWOT Analysis
          • 16.2.10.4. Recent Developments
          • 16.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Biorefinery Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  3. Figure 3: Global Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  4. Figure 4: Global Biorefinery Market Forecast (USD Billion), by Starch & Sugar Crops 2020 & 2031
  5. Figure 5: Global Biorefinery Market Forecast (USD Billion), by Energy Crops 2020 & 2031
  6. Figure 6: Global Biorefinery Market Forecast (USD Billion), by Organic & Agricultural Residues 2020 & 2031
  7. Figure 7: Global Biorefinery Market Forecast (USD Billion), by Multifeedstock 2020 & 2031
  8. Figure 8: Global Biorefinery Market Forecast (USD Billion), by Others 2020 & 2031
  9. Figure 9: Global Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  10. Figure 10: Global Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  11. Figure 11: Global Biorefinery Market Forecast (USD Billion), by Biochemical Processes 2020 & 2031
  12. Figure 12: Global Biorefinery Market Forecast (USD Billion), by Chemical Processes 2020 & 2031
  13. Figure 13: Global Biorefinery Market Forecast (USD Billion), by Mechanical/Physical Processes 2020 & 2031
  14. Figure 14: Global Biorefinery Market Forecast (USD Billion), by Thermochemical Processes 2020 & 2031
  15. Figure 15: Global Biorefinery Market Forecast (USD Billion), by Multiprocess 2020 & 2031
  16. Figure 16: Global Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  17. Figure 17: Global Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  18. Figure 18: Global Biorefinery Market Forecast (USD Billion), by Energy 2020 & 2031
  19. Figure 19: Global Biorefinery Market Forecast (USD Billion), by Chemicals 2020 & 2031
  20. Figure 20: Global Biorefinery Market Forecast (USD Billion), by Materials 2020 & 2031
  21. Figure 21: Global Biorefinery Market Forecast (USD Billion), by Others 2020 & 2031
  22. Figure 22: Global Biorefinery Market Revenue (USD Billion), by Region 2023 & 2031
  23. Figure 23: Global Biorefinery Market Revenue Share (%), by Region 2023 & 2031
  24. Figure 24: North Americ Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  25. Figure 25: North Americ Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  26. Figure 26: North Americ Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  27. Figure 27: North Americ Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  28. Figure 28: North Americ Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  29. Figure 29: North Americ Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  30. Figure 30: North Americ Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  31. Figure 31: North Americ Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  32. Figure 32: South America Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  33. Figure 33: South America Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  34. Figure 34: South America Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  35. Figure 35: South America Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  36. Figure 36: South America Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  37. Figure 37: South America Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  38. Figure 38: South America Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  39. Figure 39: South America Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  40. Figure 40: Europe Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  41. Figure 41: Europe Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  42. Figure 42: Europe Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  43. Figure 43: Europe Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  44. Figure 44: Europe Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  45. Figure 45: Europe Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  46. Figure 46: Europe Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  47. Figure 47: Europe Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  48. Figure 48: Asia Pacific Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  49. Figure 49: Asia Pacific Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  50. Figure 50: Asia Pacific Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  51. Figure 51: Asia Pacific Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  52. Figure 52: Asia Pacific Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  53. Figure 53: Asia Pacific Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  54. Figure 54: Asia Pacific Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  55. Figure 55: Asia Pacific Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  56. Figure 56: MEA Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  57. Figure 57: MEA Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  58. Figure 58: MEA Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  59. Figure 59: MEA Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  60. Figure 60: MEA Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  61. Figure 61: MEA Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  62. Figure 62: MEA Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  63. Figure 63: MEA Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  64. Figure 64: North America Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  65. Figure 65: North America Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  66. Figure 66: North America Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  67. Figure 67: North America Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  68. Figure 68: North America Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  69. Figure 69: North America Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  70. Figure 70: North America Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  71. Figure 71: North America Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  72. Figure 72: Europe Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  73. Figure 73: Europe Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  74. Figure 74: Europe Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  75. Figure 75: Europe Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  76. Figure 76: Europe Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  77. Figure 77: Europe Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  78. Figure 78: Europe Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  79. Figure 79: Europe Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  80. Figure 80: Asia Pacific Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  81. Figure 81: Asia Pacific Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  82. Figure 82: Asia Pacific Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  83. Figure 83: Asia Pacific Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  84. Figure 84: Asia Pacific Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  85. Figure 85: Asia Pacific Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  86. Figure 86: Asia Pacific Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  87. Figure 87: Asia Pacific Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  88. Figure 88: Latin America Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  89. Figure 89: Latin America Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  90. Figure 90: Latin America Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  91. Figure 91: Latin America Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  92. Figure 92: Latin America Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  93. Figure 93: Latin America Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  94. Figure 94: Latin America Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  95. Figure 95: Latin America Biorefinery Market Revenue Share (%), by Country 2023 & 2031
  96. Figure 96: Middle East & Africa Biorefinery Market Revenue (USD Billion), by Feedstock 2023 & 2031
  97. Figure 97: Middle East & Africa Biorefinery Market Revenue Share (%), by Feedstock 2023 & 2031
  98. Figure 98: Middle East & Africa Biorefinery Market Revenue (USD Billion), by Process 2023 & 2031
  99. Figure 99: Middle East & Africa Biorefinery Market Revenue Share (%), by Process 2023 & 2031
  100. Figure 100: Middle East & Africa Biorefinery Market Revenue (USD Billion), by Product 2023 & 2031
  101. Figure 101: Middle East & Africa Biorefinery Market Revenue Share (%), by Product 2023 & 2031
  102. Figure 102: Middle East & Africa Biorefinery Market Revenue (USD Billion), by Country 2023 & 2031
  103. Figure 103: Middle East & Africa Biorefinery Market Revenue Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  2. Table 2: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  3. Table 3: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  4. Table 4: Global Biorefinery Market Revenue USD Billion Forecast, by Region 2018 & 2031
  5. Table 5: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  6. Table 6: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  7. Table 7: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  8. Table 8: Global Biorefinery Market Revenue USD Billion Forecast, by Region 2018 & 2031
  9. Table 9: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  10. Table 10: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  11. Table 11: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  12. Table 12: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  13. Table 13: United States Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  14. Table 14: Canada Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  15. Table 15: Mexico Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  16. Table 16: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  17. Table 17: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  18. Table 18: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  19. Table 19: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  20. Table 20: Brazil Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  21. Table 21: Mexico Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Rest of South America Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  23. Table 23: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  24. Table 24: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  25. Table 25: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  26. Table 26: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  27. Table 27: Germany Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: United Kingdom Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  29. Table 29: France Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  30. Table 30: Italy Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  31. Table 31: Spain Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  32. Table 32: Rest of Europe Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  33. Table 33: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  34. Table 34: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  35. Table 35: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  36. Table 36: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  37. Table 37: China Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  38. Table 38: Japan Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  39. Table 39: India Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: South Korea Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  41. Table 41: Taiwan Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Australia Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  43. Table 43: Rest of Asia-Pacific Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  45. Table 45: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  46. Table 46: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  47. Table 47: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  48. Table 48: Middle East Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  49. Table 49: Africa Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  50. Table 50: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  51. Table 51: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  52. Table 52: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  53. Table 53: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  54. Table 54: U.S. Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  55. Table 55: Canada Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  56. Table 56: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  57. Table 57: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  58. Table 58: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  59. Table 59: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  60. Table 60: U.K. Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  61. Table 61: Germany Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: France Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  63. Table 63: Italy Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Spain Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  65. Table 65: Sweden Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  66. Table 66: Rest of Europe Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  67. Table 67: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  68. Table 68: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  69. Table 69: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  70. Table 70: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  71. Table 71: China Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  72. Table 72: India Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  73. Table 73: Japan Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: Indonesia Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  75. Table 75: Australia Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: Rest of Asia Pacific Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  77. Table 77: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  78. Table 78: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  79. Table 79: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  80. Table 80: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  81. Table 81: Brazil Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Mexico Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  83. Table 83: Rest of Latin America Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: Global Biorefinery Market Revenue USD Billion Forecast, by Feedstock 2018 & 2031
  85. Table 85: Global Biorefinery Market Revenue USD Billion Forecast, by Process 2018 & 2031
  86. Table 86: Global Biorefinery Market Revenue USD Billion Forecast, by Product 2018 & 2031
  87. Table 87: Global Biorefinery Market Revenue USD Billion Forecast, by Country 2018 & 2031
  88. Table 88: Ethiopia Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  89. Table 89: South Africa Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  90. Table 90: GCC Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  91. Table 91: Rest of Middle East & Africa Biorefinery Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 5.4% from 2018-2032
Segmentation
    • 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 Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Sweden
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Indonesia
      • Australia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • Ethiopia
      • South Africa
      • GCC
      • Rest of Middle East & Africa

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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