Market Overview:
The global industrial biorefinery technology 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 and bio-power across the globe. In addition, the growing awareness about environment-friendly technologies is also propelling the growth of this market. The global industrial biorefinery technology market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into vegetation biomass and waste materials. Vegetation biomass includes crops such as corn, sugarcane and wheat while waste materials include municipal solid waste (MSW), agricultural wastes and forestry residues among others. On the basis of application, it can be classified into biofuel production, power generation and other applications such as chemicals production etcetera.
Product Definition:
Industrial Biorefinery Technology (IBT) is the application of biotechnology for the conversion of renewable biomass into fuels, chemicals and other products. IBT has the potential to enable significant reductions in greenhouse gas emissions from the production of these products, compared to traditional petroleum-based manufacturing processes.
Vegetation Biomass:
Vegetation biomass, also known as regrowth or phytohormones, is the raw material used in biorefinery technology. It is a renewable and sustainable raw material that can be produced at low cost from waste wood and agricultural residues. The global increase in demand for biofuels has led to an increased focus on developing technologies that utilize vegetable biomass as a feedstock.
Waste Materials:
Waste materials are the by-products generated during industrial manufacturing processes. These materials are either used directly or processed further to generate energy, specialty chemicals, and other products. The most commonly waste material is slag which is produced during steel making process and can be used as a soil conditioner in agriculture or even for fuel production.
Application Insights:
Biofuel emerged as the dominant application segment in 2017 and is projected to witness a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for fuel across the globe owing to its ability to generate electricity along with its sustainability and reduced greenhouse gas emissions when compared with other fuels, such as coal or petroleum products.
The bio-power segment accounted for a significant share in 2017 due to increasing investments from countries, such as China and India, which are striving towards becoming energy hubs. These nations are focusing on developing their power sector by installing advanced technologies that do not consume large amounts of water or produce large amounts of waste materials during power generation process like thermal power plants or hydropower projects respectively. This is anticipated to propel industry expansion over the coming years (Credit: Envirolets).
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 the benefits of biomass power generation and rising government support for promoting investments in this sector. In addition, favorable regulatory policies are also anticipated to drive industry growth over the next eight years.
Europe is projected to account for a significant revenue share by 2030 due to growing environmental concerns coupled with supportive regulations aimed at reducing carbon footprint associated with conventional fossil fuel based power generation sources.
North America has witnessed an increase in demand as well as production capacities of industrial biorefineries since 2014, which resulted into increased availability at competitive prices comparedto other regions across globe; thus positively impacting their adoption rate across countries within North America and globally. Moreover, U.S.
Growth Factors:
- Increasing demand for biofuels: The industrial biorefinery technology market is expected to benefit from the increasing demand for biofuels. Biofuels are derived from renewable resources such as plants and animal fats, and are considered to be more environmentally friendly than traditional fuels. This is likely to boost the adoption of industrial biorefinery technology in the coming years.
- Growing awareness about environmental benefits: There is a growing awareness among consumers about the environmental benefits of using biofuels over traditional fuels. This is likely to increase the demand for industrial biorefineries in the near future.
- Stringent regulations on emissions: Governments across the world are implementing stringent regulations on emissions from industries, which is benefiting the industrial biorefinery technology market growth rate significantly .This will further propel market growth during forecast period 2017-2025 owing to reduction in greenhouse gas emission levels by these refineries compared with petroleum refineries.. 4 Emerging economies offer immense potential: The industrial biorefinery technology market offers immense potential in emerging economies such as India and China due to their large population base and rapid economic growth rates .These countries are expected to witness significant growth in this market during forecast period 2017-2025 5 Technological advancements: Theindustrialbiorefiner ytechnologymarketis witnessing rapid technological advancements, which is aidingin thereductionofproductioncostsandimprovingtheefficiencyoftheprocessesinvolved
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Biorefinery Technology Market Research Report
By Type
Vegetation Biomass, Waste Materials
By Application
Bio-power, Biofuel, Others
By Companies
ADM, POET, Valero, Green Plains, Neste Oil, Clariant, Bp Biofuels, Cargill, Sinopec, GLENCORE Magdeburg, Louis Dreyfus, Marseglia, Aemetis
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Biorefinery Technology Market Report Segments:
The global Industrial Biorefinery Technology market is segmented on the basis of:
Types
Vegetation Biomass, Waste Materials
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
Bio-power, Biofuel, 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:
- ADM
- POET
- Valero
- Green Plains
- Neste Oil
- Clariant
- Bp Biofuels
- Cargill
- Sinopec
- GLENCORE Magdeburg
- Louis Dreyfus
- Marseglia
- Aemetis
Highlights of The Industrial Biorefinery Technology 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:
- Vegetation Biomass
- Waste Materials
- By Application:
- Bio-power
- Biofuel
- 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 Industrial Biorefinery Technology 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.
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- Correctly Positioning New Products
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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?
Industrial biorefinery technology is a process that uses biological processes to convert raw materials into products. These products can be used in industrial applications, such as the production of biofuels or chemicals.
Some of the major companies in the industrial biorefinery technology market are ADM, POET, Valero, Green Plains, Neste Oil, Clariant, Bp Biofuels, Cargill, Sinopec, GLENCORE Magdeburg, Louis Dreyfus, Marseglia, Aemetis.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Biorefinery Technology 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 Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size & Forecast, 2018-2028
4.5.1 Industrial Biorefinery Technology Market Size and Y-o-Y Growth
4.5.2 Industrial Biorefinery Technology Market Absolute $ Opportunity
Chapter 5 Global Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Type
5.2.1 Vegetation Biomass
5.2.2 Waste Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Applications
6.2.1 Bio-power
6.2.2 Biofuel
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Biorefinery Technology 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 Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Type
9.6.1 Vegetation Biomass
9.6.2 Waste Materials
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 Industrial Biorefinery Technology Market Size Forecast by Applications
9.10.1 Bio-power
9.10.2 Biofuel
9.10.3 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 Industrial Biorefinery Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Type
10.6.1 Vegetation Biomass
10.6.2 Waste Materials
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 Industrial Biorefinery Technology Market Size Forecast by Applications
10.10.1 Bio-power
10.10.2 Biofuel
10.10.3 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 Industrial Biorefinery Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Type
11.6.1 Vegetation Biomass
11.6.2 Waste Materials
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 Industrial Biorefinery Technology Market Size Forecast by Applications
11.10.1 Bio-power
11.10.2 Biofuel
11.10.3 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 Industrial Biorefinery Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Biorefinery Technology 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 Industrial Biorefinery Technology Market Size Forecast by Type
12.6.1 Vegetation Biomass
12.6.2 Waste Materials
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 Industrial Biorefinery Technology Market Size Forecast by Applications
12.10.1 Bio-power
12.10.2 Biofuel
12.10.3 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) Industrial Biorefinery Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Biorefinery Technology 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) Industrial Biorefinery Technology Market Size Forecast by Type
13.6.1 Vegetation Biomass
13.6.2 Waste Materials
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) Industrial Biorefinery Technology Market Size Forecast by Applications
13.10.1 Bio-power
13.10.2 Biofuel
13.10.3 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 Industrial Biorefinery Technology Market: Competitive Dashboard
14.2 Global Industrial Biorefinery Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 POET
14.3.3 Valero
14.3.4 Green Plains
14.3.5 Neste Oil
14.3.6 Clariant
14.3.7 Bp Biofuels
14.3.8 Cargill
14.3.9 Sinopec
14.3.10 GLENCORE Magdeburg
14.3.11 Louis Dreyfus
14.3.12 Marseglia
14.3.13 Aemetis
