Global Biorefinery Industry Research 2023-2030: As Demand for HVO Grows, Investments in Biorefineries Gain Pace, Biodiesel Outlook in the Wake of Decarbonization Efforts to Spur Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Biorefinery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Biorefinery Market to Reach $1.4 Trillion by 2030

The global market for Biorefinery estimated at US$717.4 Billion in the year 2023, is projected to reach a revised size of US$1.4 Trillion by 2030, growing at a CAGR of 9.2% over the analysis period 2023-2030.

Biorefineries are gaining prominence as sustainable alternatives to traditional refineries, leveraging biomass to produce bio-products. In the global market, the competitive landscape of biorefineries is delineated, highlighting strong, active, niche, and trivial players. These facilities are classified based on their operations, with a focus on sustainability driving their adoption.

Industrial Biotechnology, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$724.5 Billion by the end of the analysis period. Growth in the Physico-Chemical Technology segment is estimated at 9.6% CAGR for the next 8-year period.

Biorefinery platforms play a crucial role in converting biomass into valuable bio-products, contributing to the industry's dynamic growth. Recent market activity indicates increased funding and scaling-up of biofuel and bio-product refinery projects, underscoring the industry's promising trajectory.

The U.S. Market is Estimated at $202.1 Billion, While China is Forecast to Grow at 10.1% CAGR

The Biorefinery market in the U.S. is estimated at US$202.1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$239 Billion by the year 2030 trailing a CAGR of 10.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 7.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.

Exciting New Report Features

• Full access to influencer engagement stats
• Complimentary report updates for one year
• Competitor coverage with global market shares of major players
• Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
• Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute	Details
No. of Pages	243
Forecast Period	2023 - 2030
Estimated Market Value (USD) in 2023	$717.4 Billion
Forecasted Market Value (USD) by 2030	$1400 Billion
Compound Annual Growth Rate	10.0%
Regions Covered	Global

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Biorefinery - Global Key Competitors Percentage Market Share in 2023 (E)
• Biorefinery Competitor Market Share Scenario Worldwide (in %): 2020E
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
• Biorefinery: A Prelude
• Classification of Biorefineries
• Biorefineries Claim Higher Sustainability Credentials over Traditional Counterparts
• Pathways Distribution for Biorefineries
• Biorefinery Platforms Enabling Biorefineries to Turn Biomass into Bio-Products
• Biorefinery Industry Remains Dynamic and Moves Ahead with Encouraging Developments
• Biofuel & Bio-Product Refineries Set to Receive Funding to Scale-Up Projects
• Recent Market Activity

MARKET TRENDS & DRIVERS

• Sustainability Drive Remains at Helm of Substantial Headwinds for Biorefinery Market
• Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020
• Carbon Neutrality Goals of Various Countries
• Efforts to Achieve Circular Economy
• Sustainable Investments to Emerge Into an Unstoppable Force in the Coming Decade: Global Investments in Sustainability (In US$ Billion) for Years 2015, 2018, 2020 and 2022
• Climate Change Mitigation Efforts Augments Growth Opportunities for Biorefinery Market
• Rise in Demand for Biobased Products to Drive Growth in Biorefinery Projects
• Select Biobased Products in Focus
• Percentage Share of Bio-Based Plastics In Global Plastic Production for the Years 2010, 2015, 2020, and 2025
• Potential of Biorefinery to Produce Astaxanthin from Shrimp Waste
• Astaxanthin Sales in US$ Million for Years 2020, 2022, 2024and 2027
• Biodiesel Outlook in the Wake of Decarbonization Efforts to Spur Growth
• Opportunity Indicators
• Robust Growth Projected for Biodiesel Brightens the Outlook for Biorefineries: Global Market for Biofuel (In US$ Billion) for Years 2020, 2022, 2024 & 2026
• Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
• Expanding Role of Renewable Fuels in the Global Energy Mix Reflects Opportunities for Biofuels
• COVID-19 Dampens Biofuel Consumption
• Biofuels Production Scenario
• Global Biofuel Production (in Billion Liters)
• Top Biofuel Producing Countries
• Noteworthy Company Developments
• As Demand for HVO Grows, Investments in Biorefineries Gain Pace
• Biorefineries with Carbon Capture and Sequestering Attract Interest
• Advances in Development of Bio-Based Industrial Carbons with Thermochemical Platform
• Microalgae Biorefineries with Potential for Renewable Bioenergy
• Second-Generation Sustainable Biorefinery at Core of Europe's Bio-Economy Strategy
• Growing Investments in New Refinery Capacity Additions Bodes Well
• Energy Startups Take Biorefinery to New Terrains with Better Solutions for Clean Energy Generation
• Innovative Pyrolysis
• Biomass Torrefaction
• Advanced Methanization
• Gasification to Improve Conversion Efficiency
• Wastewater to Energy
• Cellulosic Biofuel Projects Face Muddled Rollouts & Sluggish Ramp-Up from Biorefineries
• Overcoming Challenges with Cellulosic Ethanol Production in Biorefineries
• Industry Centers Efforts to Make Biogas Production More Profitable
• Catalytic Advances Favor Production & Upgrade of HMF in Biorefineries
• Integrated Biorefineries: Potential Routes for Bio-Based Fuels & Chemicals
• Biomass Valorization for Chemical Production in Biorefineries Aids Sustainability Efforts

FOCUS ON SELECT PLAYERS (Total 53 Featured)

• Cargill, Inc.
• Archer Daniels Midland Company
• Clariant International Ltd.
• China Petroleum & Chemical Corporation (SINOPEC)
• Elevance Renewable Sciences, Inc.
• Aemetis, Inc.
• Abengoa S.A.
• Clariant AG
• BlueFire Renewables, Inc.
• Borregaard ASA
• Chempolis Ltd.
• Biodico, Inc.
• BP Biofuels
• Alkion BioInnovations
• Applied Biorefinery Sciences, LLC

For more information about this report visit https://www.researchandmarkets.com/r/rj5z6i

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