Product Code: EGY117E
The global market for biorefinery products and applications was valued at $715.7 billion in 2023. The market is expected to grow from $775.2 billion in 2024 to nearly $1.2 trillion by 2029, at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2029.
The global market for material-driven biorefinery products is expected to grow from $505.1 billion in 2024 to $732.1 billion by 2029, at a CAGR of 7.7% from 2024 to 2029.
The global market for energy-driven biorefinery products is expected to grow from $270.1 billion in 2024 to $452.0 billion by 2029, at a CAGR of 10.8% from 2024 to 2029.
Report Scope
This report segments the market for biorefinery products by product type (energy-driven and material-driven), source (primary, secondary and tertiary biomass), and application (biofuel, biobased chemicals, biomaterials, bioenergy, and medicines and healthcare). The market is segmented into four regions: North America, Europe, Asia-Pacific and the Rest of the World. The report's scope is limited to the study of biorefinery products as an end-use product and their application. Excluded is the revenue generated from technologies used in the biorefineries. The base year considered for the report is 2023 and the estimates and forecasts are for 2024 to 2029. Market estimates are provided in U.S. dollars, billions.
Report Includes
- 40 data tables and 76 additional tables
- An overview of the global markets for biorefinery products and applications
- Analysis of global market trends, featuring historical revenue data for 2023, estimated figures for 2024, forecasts for 2029, and projected CAGRs through 2029
- Identification of the new opportunities, challenges and technologies in the industry
- Market share analysis by source, product, applications, end use and region
- Analysis of the current market trends and forecast, R&D activity, product launches and regulatory scenario
- Analysis of the key companies' market shares, M&A activity, joint ventures, collaborations and other market strategies
- Profiles of major market players, including BASF SE, BP P.L.C., Neste, Cargill Inc., and Petrobras
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Market Summary
- Scope of Report
Chapter 2 Market Overview
- Overview
- Biomass
- Bioproducts
- Biorefinery Products
Chapter 3 Market Dynamics
- Overview
- Market Drivers
- Macro Factor: Dwindling Fossil Fuel Resources
- Easy Availability of Biomass
- Investment in Green Energy and Products
- Market Opportunities
- Growth of the Bioeconomy
- Market Restraints and Challenges
- Supply Fluctuations in Feedstock
- Capital Investment
Chapter 4 Emerging Technologies and Developments
- Newest Technologies
- Wastewater to Energy
- Co-solvent Enhanced Lignocellulosic Fractionation (CELF)
- Artificial Intelligence
- Carbon Capture and Utilization (CCU)
- Patent Analysis
- Significance of Patents
Chapter 5 Market Segmentation Analysis
- Segmentation Breakdown
- Market Analysis by Source
- Primary Biomass
- Secondary Biomass
- Tertiary Biomass
- Market Analysis by Product
- Material-Driven
- Energy-Driven
- Market Analysis by Application
- Biofuels
- Biobased Chemicals
- Biomaterials
- Bioenergy
- Medicines and Healthcare
- Geographic Breakdown
- Market Analysis by Region
- North America
- Europe
- Asia-Pacific
- Rest of World
Chapter 6 Competitive Intelligence
- Industry Structure
- Competitive Factors
- Application-Based Segment Competitive Scenario
- Strategic Analysis
Chapter 7 Sustainability in Biorefinery Products Industry: An ESG Perspective
- ESG in the Biorefinery Products Industry
- ESG Practices in the Biorefinery Products Industry
- Future of ESG: Emerging Trends and Opportunities
- Concluding Remarks from BCC Research
Chapter 8 Appendix
- Methodology
- Sources
- Acronyms
- Company Profiles
- BASF SE
- BP P.L.C.
- CARGILL INC.
- CHEVRON RENEWABLE ENERGY GROUP
- ENVIVA INC.
- HONEYWELL UOP (HONEYWELL INTERNATIONAL INC.)
- NESTE
- NOVOZYMES A/S
- PLANET BIOTECHNOLOGY INC.
- POET LLC.
- PETROBRAS
- SEABOARD ENERGY
- VANCE GROUP LTD.
- VALERO ENERGY CORP.
- WILMAR INTERNATIONAL LTD.