What is Biorefinery Applications?
Biorefinery can be defined as the optimized use of biomass for materials, chemicals, fuels, and energy applications. It cellulose, hemicellulose, and lignin from agricultural, forestry, and municipal waste sources for the production of various types of bio-products. In today’s time renewable and clean-burning, biodiesel is an increasingly attractive alternative to conventional fuels to reduce emission and climate impact. The integration of biowaste into the cutting-edge circular economy has the potential to significantly increase the production of sustainable bioproducts and bioenergy and reduce the import of crude oil from other countries.
The market study is broken down by Type (Lignocellulose Refining, Whole Grain Refining and Green Refining), by Application (Biofuels, Energy Fromfoodstock, Non-food Energy Crops and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Manufacturers from United States will contribute to the maximum growth of Global Biorefinery Applications market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), Clariant AG (Switzerland), ADM (United States), Abengoa (Spain), Bp Biofuels (United Kingdom), Louis Dreyfus (Netherlands), Alto Ingredients, Inc. (United States), Green Plains Inc. (United States), Marseglia Group (Italy), Aemetis, Inc. (United States) and Neste (Finland) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Biorefinery Applications market by Type, Application and Region.
On the basis of geography, the market of Biorefinery Applications 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 Conversion Process, the sub-segment i.e. Biological Conversion will boost the Biorefinery Applications market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Oil & Gas will boost the Biorefinery Applications market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In July 2021, Summit Agricultural Group agreed to acquire Phillipsburg, Kan.-based biorefinery Prairie Horizon to meet the rising demand for high protein ingredients and innovative feed products coupled with renewable fuels. Prairie Horizon is a renewable fuel corn ethanol producer. With this acquisition, Summit will become the largest wheat protein producer in North America by building a wheat protein ingredients facility and retrofit the existing corn-based ethanol plant to produce ethanol from wheat starch.
In July 2019, BP announced the partnership with Bunge, a leader in agriculture, food, and ingredients to create a leading bioenergy company in one of the world’s largest fast-growing markets for biofuels. BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil.
- Increasing Investment in R&D Activities for Creation of Innovative Biomass Solutions that Increase Performance and Reduce Cost
- Increasing Demand to Reduce Consumption of Gasoline and Diesel Fuel Made From Crude Oil
- Unstable Oil Prices, Global Warming and Government Initiative to Increase Biofuel Share Will Create Strong Demand
- Increasing Use of Thermo-chemical Process for the Conversion of Fatty Acids to Biodiesel and Jet Fuel
- High Adoption of Chemicals and Polymers Derived from Fossil-Based Feedstocks, Predominantly Oil and Gas
- High Cost of Furfural Compared to the Crude Oil
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Biorefinery Application Manufacturers, Raw Material Suppliers & Distributors of Biorefinery Application, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
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.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Cargill (United States), Clariant AG (Switzerland), ADM (United States), Abengoa (Spain), Bp Biofuels (United Kingdom), Louis Dreyfus (Netherlands), Alto Ingredients, Inc. (United States), Green Plains Inc. (United States), Marseglia Group (Italy), Aemetis, Inc. (United States) and Neste (Finland) etc.
2. Can we have customized study for Biorefinery Applications Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Biorefinery Applications Market by 2026?
Analysts at AMA estimates Biorefinery Applications Market to reach USD Million by 2026.