Market Overview:
The global biorefinery product market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for biofuels, biodiesel, and biopolymers across the globe. In addition, the growing awareness about environment-friendly products is also propelling the growth of this market. The global biorefinery product market can be segmented on the basis of type into bioethanol, biodiesel, biopolymer, bio-oil and others. Bioethanol is projected to be one of fastest growing segments in this market during the forecast period owing to its high demand as a fuel additive and octane enhancer. Biodiesel is another key segment in this market and is projected to grow at a significant rate due to its ability reduce emissions from vehicles when used as a replacement for conventional diesel fuel. Biopolymers are also witnessing high demand due to their properties such as durability, strength and resistance against degradation which make them suitable for various applications such as packaging films & sheets, agricultural mulch films etc.
Product Definition:
A biorefinery product is a sustainable fuel or chemical that is made from biomass. Biomass can include plants, animal waste, and other organic materials. The importance of biorefinery products is that they are sustainable and renewable.
Bioethanol:
Bioethanol is a type of alcohol that can be produced through the fermentation of sugars from various sources including corn, sugarcane, and wheat. It has a high degree of purity (over 99%) and is also characterized by higher octane number (94) than regular ethanol (alcohol). Bioethanol forms an important feedstock for producing biodiesel and biofuels.
Biodiesel:
Biodiesel is a bio-based diesel fuel that can be produced from vegetable oil or animal fats. It is being used as an alternative to conventional diesel on account of the depleting crude oil reserves and reducing reliance on fossil fuels. The product has been gaining importance in the renewable energy sector, which has resulted in its growing demand in various applications including transportation, electricity generation, heating & cooling and cooking.
Application Insights:
The energy application segment led the global biorefinery product market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing government support for promoting biofuel production as an alternative fuel source for transportation applications.
Increasing demand for motor vehicles and rapid urbanization have led to environmental deterioration owing to increased pollution levels, which has resulted in spurring the need for sustainable solutions such as green fuels that reduce pollution without compromising on performance standards. This factor is anticipated to promote the use of biorefineries that produce raw materials used in developing biofuels, thereby propelling its demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing awareness regarding climate change and growing population, especially in China and India. In addition, rising government support for promoting biofuels as an effective alternative fuel is projected to drive industry growth over the coming years.
Europe was valued at USD X million in 2017 owing to high demand from end-use industries such as energy and transportation across major countries including Germany, France, Italy and U.K., among others (G7).
Growth Factors:
- Increasing demand for biofuels: The global demand for biofuels is expected to grow at a CAGR of more than 5% during the forecast period. This is mainly due to the increasing concerns about climate change and the need to reduce greenhouse gas emissions.
- Stringent environmental regulations: Governments across the globe are implementing stringent environmental regulations, which is driving the demand for biorefinery products. For instance, in Europe, Directive 2009/28/EC mandates that 10% of all transport fuel be sourced from renewable sources by 2020.
- Rising awareness about benefits of biorefinery products: There is a growing awareness among consumers about the benefits of using biorefinery products such as reduced environmental impact and lower greenhouse gas emissions. This is helping to drive their adoption in various end-use applications such as automotive fuels, plastics, and detergents.
- Technological advancements: The development of new technologies that help improve efficiency and reduce costs associated with biorefining processes is aiding in market growth."5
Scope Of The Report
Report Attributes
Report Details
Report Title
Biorefinery Product Market Research Report
By Type
Bioethanol, Biodiesel, Biopolymer, Bio-oil, Others
By Application
Energy, Industrial, Manufacturing, Transportation, Others
By Companies
Neste Oil, Dynoil Llc, Brazil Eco Energia, Dominion Energy Services Llc, SE Energy, Menlo Energy Llc, BASF, Dow Chemical, Sinopec, Sabic, Neste Oil, Imperium Renewables, Louis Dreyfus, Canadian Green Fuels, Archer Daniels Midland, Green Plains Renewable Energy, Poet, Valero Energy Corp.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Biorefinery Product Market Report Segments:
The global Biorefinery Product market is segmented on the basis of:
Types
Bioethanol, Biodiesel, Biopolymer, Bio-oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy, Industrial, Manufacturing, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Neste Oil
- Dynoil Llc
- Brazil Eco Energia
- Dominion Energy Services Llc
- SE Energy
- Menlo Energy Llc
- BASF
- Dow Chemical
- Sinopec
- Sabic
- Neste Oil
- Imperium Renewables
- Louis Dreyfus
- Canadian Green Fuels
- Archer Daniels Midland
- Green Plains Renewable Energy
- Poet
- Valero Energy Corp.
Highlights of The Biorefinery Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bioethanol
- Biodiesel
- Biopolymer
- Bio-oil
- Others
- By Application:
- Energy
- Industrial
- Manufacturing
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biorefinery Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A biorefinery product is a product that is made from biological materials.
Some of the major players in the biorefinery product market are Neste Oil, Dynoil Llc, Brazil Eco Energia, Dominion Energy Services Llc, SE Energy, Menlo Energy Llc, BASF, Dow Chemical, Sinopec, Sabic, Neste Oil, Imperium Renewables, Louis Dreyfus, Canadian Green Fuels, Archer Daniels Midland, Green Plains Renewable Energy, Poet, Valero Energy Corp..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biorefinery Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biorefinery Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biorefinery Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biorefinery Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biorefinery Product Market Size & Forecast, 2020-2028
4.5.1 Biorefinery Product Market Size and Y-o-Y Growth
4.5.2 Biorefinery Product Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bioethanol
5.2.2 Biodiesel
5.2.3 Biopolymer
5.2.4 Bio-oil
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Industrial
6.2.3 Manufacturing
6.2.4 Transportation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biorefinery Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biorefinery Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bioethanol
9.6.2 Biodiesel
9.6.3 Biopolymer
9.6.4 Bio-oil
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Industrial
9.10.3 Manufacturing
9.10.4 Transportation
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bioethanol
10.6.2 Biodiesel
10.6.3 Biopolymer
10.6.4 Bio-oil
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Industrial
10.10.3 Manufacturing
10.10.4 Transportation
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bioethanol
11.6.2 Biodiesel
11.6.3 Biopolymer
11.6.4 Bio-oil
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Industrial
11.10.3 Manufacturing
11.10.4 Transportation
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bioethanol
12.6.2 Biodiesel
12.6.3 Biopolymer
12.6.4 Bio-oil
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Industrial
12.10.3 Manufacturing
12.10.4 Transportation
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bioethanol
13.6.2 Biodiesel
13.6.3 Biopolymer
13.6.4 Bio-oil
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Industrial
13.10.3 Manufacturing
13.10.4 Transportation
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biorefinery Product Market: Competitive Dashboard
14.2 Global Biorefinery Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neste Oil
14.3.2 Dynoil Llc
14.3.3 Brazil Eco Energia
14.3.4 Dominion Energy Services Llc
14.3.5 SE Energy
14.3.6 Menlo Energy Llc
14.3.7 BASF
14.3.8 Dow Chemical
14.3.9 Sinopec
14.3.10 Sabic
14.3.11 Neste Oil
14.3.12 Imperium Renewables
14.3.13 Louis Dreyfus
14.3.14 Canadian Green Fuels
14.3.15 Archer Daniels Midland
14.3.16 Green Plains Renewable Energy
14.3.17 Poet
14.3.18 Valero Energy Corp.
