DUBLIN--(BUSINESS WIRE)--The "Global Bio-Refinery Technologies Market Research Report, Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
This analysis estimates global bio-refinery technologies market to grow at a CAGR of 14.3% during 2016-2023. The major factors driving the growth of global bio-refinery technologies market are depleting fossil fuel reserves, increasing greenhouse gas emission and environmental concerns and increasing R&D investments in bio-refinery technologies. However, high capital is required at the beginning of process that is limiting growth of global bio-refinery technologies market
Energetic products such as ethanol and biodiesel are foreseen to have enormous demand during forecast period owing to exploration of alternatives to fossil fuels as a result of depletion of fossil fuel reserves and high volatility of fuel market is anticipated to positively impact the growth of the global bio-refinery technologies market. Thus, the energetic products segment is expected to grow with the highest CAGR during forecast period.
Geographically, North America is dominating region in the global bio-refinery technologies market and is expected to continue dominating amid forecast period due to presence of major companies such as Dupont, Bayer Material Science, Abengoa Bioenergia, BP Biofuels etc. along with higher rate of application of bio-based products in different businesses in the region. However, Asia Pacific bio-refinery technologies market is expected to grow with the most noteworthy CAGR over forecast period due to increasing adoption of bio-based products in emerging economies especially in China.
The growth in global bio-refinery technologies market is also influenced by presence of major players such as BP Biofuels (U.S.), Sinopec (China), Archer Daniels Midland Company (U.S.), Lanxess A.G (Germany), Bayer Material Science (U.S.), Dupont (U.S.), Petrobras (Brazil) and others. The market players adopt some crucial strategies such as product launches, partnerships, joint ventures, collaboration, expansion, investment, mergers & acquisitions etc. to gain competitive advantage.
Key Topics Covered
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographic Analysis
7. Company Profiles
- Archer Daniels Midland Company (U.S.)
- Bayer Material Science (U.S.)
- Beta Renewables (Italy)
- BP Biofuels (U.S.)
- Celgene (U.S.)
- Dominion Energy Services LLC (U.S.)
- DSM NV (The Netherlands)
- Dupont (U.S.)
- Glycos Biotechnologies, Inc. (U.S.)
- Green Plains Renewable Energy, Inc. (U.S.)
- Lanxess A.G (Germany)
- Petrobras (Brazil)
- Sinopec (China)
- Valero Marketing and Supply Company (U.S.)
For more information about this report visit https://www.researchandmarkets.com/research/7fd4d4/global?w=4