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.
This report contains market size and forecasts of Biorefinery in Global, including the following market information:
Global Biorefinery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Biorefinery market was valued at 48440 million in 2021 and is projected to reach US$ 59060 million by 2028, at a CAGR of 2.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Biochemical Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biorefinery include Abengoa Bioenergy Corp, Pacific Ethanol, Neste Oil OYJ, Renewable Energy Group Inc, UOP LLC and Valero Energy Corp, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biorefinery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biorefinery Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Biorefinery Market Segment Percentages, by Type, 2021 (%)
Biochemical
Thermochemical
Global Biorefinery Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Biorefinery Market Segment Percentages, by Application, 2021 (%)
Bulk Chemicals
Biomaterial
Biofuel
Pharmaceuticals And Food Additives
Global Biorefinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Biorefinery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biorefinery revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Biorefinery revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Abengoa Bioenergy Corp
Pacific Ethanol
Neste Oil OYJ
Renewable Energy Group Inc
UOP LLC
Valero Energy Corp