Global Biorefinery Market Overview:
A biorefinery is a facility that integrates biomass conversion processes and equipment to supply fuels, power, and added chemicals from biomass. The biorefinery is analogous to today’s oil refinery that produces multiple fuels and products from fossil fuel. By manufacturing much product, a biorefinery takes advantage of the assorted parts in biomass and their intermediates, thus maximizing the worth derived from the biomass feedstock. Some of the players profiled in the study are Abengoa (Spain), Agrivida, Inc. (United States), Amyris (United States), ADM (United States), Cargill, Incorporated (United States), Braskem (Brazil), Codexis Inc. (United States), DSM (United States), DuPont (United States) and Sofiprotéol (France).
On the basis of geography, the market of Biorefinery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Product, the sub-segment i.e. Energy-driven Biorefinery Systems will boost the Biorefinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Conversion Process, the sub-segment i.e. Mechanical/physical will boost the Biorefinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Raw Material, the sub-segment i.e. Agricultural Biomass will boost the Biorefinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Globally Depleting Natural Energy Resources Causing Bio-Fuels in Order to Cater Fuel Demand.
- Biorefineries act as a platform for manufacturing various biomass-derived products that are capable of interchange fossil fuel-based products.
- Biomass-based product has triggered interest from various end-use industries together with agriculture, transportation, chemicals, and aviation.
- Slow Rate of Reaction during Production of End Products.
- An increase in Pollution will increase the Usage of Bio-refined Products.
- Establishment of Necessary Infrastructure for the Biorefinery.
- Unexpected Up-Surge in Crude oil and Natural gas prices.
Key Market Developments:
In March 2021, Amyris Inc., a leading synthetic biotechnology company active within the Clean Health and wonder markets through its client brands and a huge provider of property and natural ingredients, announced that it has entered into an agreement for the acquisition of Costa Brazil. Accelerating growth and market share in clean beauty is the sole purpose of this acquisition.
In Jan. 2021, Royal DSM, a world science-based company in Nutrition, Health and property Living, and TU Delft, graded among the highest universities in biotechnology analysis globally, announced the institution of the substitute Intelligence laboratory for Biosciences. This laboratory the first primary of its kind in Europe to use computer science (AI) to all-out biomanufacturing, from microorganism strain development to method improvement and programming.
The global market for the Biorefinery is fragmented by global market players to focus and meet the demand of fuel by working and investing in bio-fuel (organic fuel) in order to slow down usage and meet demands for depleting natural fuels. Emerging players should invest in R&D for recycling and creating more economical and effective refineries due to involved high costs.
Bio-Refineries Manufacturers, Bio-Fuel Suppliers, Bio-Fuel traders, Government Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Biorefinery market on the basis of product  , application [Bulk chemicals, Biomaterial, Biofuel and Pharmaceuticals and food additives], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Biorefinery market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Biorefinery industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Genomatica, Inc. (United States) and GFBiochemicals Ltd. (Italy).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Biorefinery market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.