出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2022年12月
バイオリファイナリー市場 : タイプ (第 1 世代、第 2 世代、第 3 世代)、技術 (産業用バイオテクノロジー、物理化学、熱化学)、製品 (エネルギー駆動、材料駆動)、地域別 – 2027年までの世界予測
Biorefinery Market by Type (First Generation, Second Generation, and Third Generation), Technology (Industrial Biotechnology, Physico-Chemical, and Thermochemical), Product (Energy driven, and Material driven) and Region – Global Forecast to 2027
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| 図表数 | 180 |
| 種別 | 英文調査報告書 |
| 価格 |
The global biorefinery market is expected to reach USD 210.3 billion by 2027 from an estimated USD 141.8 billion in 2022, at a CAGR of 8.2% from 2022 to 2027.
Due to environmental concerns and the limited resources, interest in bio-based polymers is rising. Bio-based polymers offer new combinations of features for brand-new applications in addition to replacing existing polymers in a number of applications. Due to an increase in demand for green chemicals around the world, the demand for bio-based polymers is expected to grow significantly during the forecast period. The biorefinery market growth is further fueled by stringent regulatory laws governing the use of synthetic polymers.
“Industrial Biotechnology: The largest segment by technology in the biorefinery market”
Based on the type of biorefinery, the industrial biotechnology segment is expected to exhibit the largest market share from 2022 to 2027. Industrial biotechnology includes both production of bio-based products including fuels, chemicals, and plastics from renewable feedstocks as well as the application of biotechnology-based tools to traditional industrial processes known as bioprocessing. The capacity of integrated biorefineries to produce numerous products and value streams made possible by industrial biotechnology is seen to have the potential to change the economics of industrial production. Economic advantage, high performance, and environment-friendly products are three key factors responsible for the successful market penetration of large-scale bio-based industrial products.
“Energy driven: The largest segment by product in biorefinery market”
Energy driven segment accounted for the largest share in the global biorefinery market, by product segment. The key factor expected to drive the growth of the segment is the shift in government policies to support the use of renewable energy across industries. However, other factors, including increased cost of fossil fuel, rise in demand for fuel for automobiles, and specialized policy designed to encourage the use of biofuel, impact the growth and boost the use of biofuel globally.
“Americas: The largest region in biorefinery market”
The market in Americas accounted for the largest share in the global biorefinery market during the forecast period. The Americas is expected to dominate the market due to the increasing efforts to develop forest-based biorefineries in the region. Countries, such as the US, Canada, and Mexico are investing significantly in new projects related to the production of biofuels and developing new technologies to produce bio-based products. The region has witnessed a rapid growth in electricity demand in recent years, due to the growing population, increasing per capita income, and a growing number of bio-based refineries, coupled with urbanization.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 55%, Tier 2- 30%, and Tier 3- 15%
By Designation: C-Level- 30%, Director Level- 20%, and Others- 40%
By Region: Asia Pacific- 25%, Americas- 40%, Europe- 26%, Middle East & Africa- 10%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The leading players in the biorefinery market include Renewable Energy Group (US), Neste (Finland), TotalEnergies (France), Valero (US) and Vivergo Fuels (England).
Research Coverage:
The report explains, describes, and forecasts the global biorefinery market, by type, product, technology, and region.
It also offers a detailed qualitative and quantitative analysis of the biorefinery market. The report provides a thorough review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the biorefinery market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for biorefinery, which would help biorefinery participants review the growth in demand.
2. The report facilitates system providers to understand the pulse of the market and offers insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
目次
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.3 INCLUSIONS AND EXCLUSIONS 25
1.3.1 BIOREFINERY MARKET, BY TECHNOLOGY 25
1.3.2 BIOREFINERY MARKET, BY PRODUCT 26
1.3.3 BIOREFINERY MARKET, BY TYPE 26
1.4 MARKET SCOPE 26
1.4.1 BIOREFINERY MARKET SEGMENTATION 26
1.4.2 GEOGRAPHIC SCOPE 27
1.5 YEARS CONSIDERED 27
1.6 CURRENCY 27
1.7 LIMITATIONS 28
1.8 STAKEHOLDERS 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 1 BIOREFINERY MARKET: RESEARCH DESIGN 29
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 30
FIGURE 2 DATA TRIANGULATION METHODOLOGY 30
2.2.1 SECONDARY DATA 31
2.2.1.1 Key data from secondary sources 31
2.2.2 PRIMARY DATA 31
FIGURE 3 KEY DATA FROM PRIMARY SOURCES 32
2.2.2.1 Breakdown of primaries 32
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 33
2.3 MARKET SIZE ESTIMATION 33
2.3.1 BOTTOM-UP APPROACH 34
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 34
2.3.2 TOP-DOWN APPROACH 34
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 34
2.3.3 DEMAND-SIDE ANALYSIS 35
FIGURE 7 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR BIOREFINERIES 35
2.3.3.1 Demand-side calculations 35
2.3.3.2 Assumptions for demand-side analysis 36
2.3.3.3 Regional analysis 37
2.3.3.4 Country-level analysis 37
2.3.4 SUPPLY-SIDE ANALYSIS 38
FIGURE 8 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF BIOREFINERIES 38
FIGURE 9 BIOREFINERY MARKET: SUPPLY-SIDE ANALYSIS 38
2.3.4.1 Supply-side calculations 39
2.3.4.2 Supply-side assumptions 39
2.3.5 FORECAST 39
3 EXECUTIVE SUMMARY 40
TABLE 1 BIOREFINERY MARKET SNAPSHOT 40
FIGURE 10 INDUSTRIAL BIOTECHNOLOGY TO DOMINATE BIOREFINERY MARKET 41
FIGURE 11 ENERGY DRIVEN PRODUCTS EXPECTED TO DOMINATE BIOREFINERY MARKET 41
FIGURE 12 FIRST GENERATION TYPE EXPECTED TO LEAD BIOREFINERY MARKET IN 2027 42
FIGURE 13 AMERICAS DOMINATED BIOREFINERY MARKET IN 2021 42
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BIOREFINERY MARKET 44
FIGURE 14 INCREASED GOVERNMENT INITIATIVES AND NEED FOR ENVIRONMENTAL SUSTAINABILITY TO DRIVE BIOREFINERY MARKET 44
4.2 AMERICAS: BIOREFINERY MARKET, BY TYPE AND COUNTRY, 2021 45
FIGURE 15 SECOND GENERATION AND US HELD LARGEST SHARES OF AMERICAS BIOREFINERY MARKET IN 2021 45
4.3 BIOREFINERY MARKET, BY REGION 45
FIGURE 16 AMERICAS MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 45
4.4 BIOREFINERY MARKET, BY TECHNOLOGY 46
FIGURE 17 PHYSICO-CHEMICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2027 46
4.5 BIOREFINERY MARKET, BY PRODUCT 46
FIGURE 18 ENERGY DRIVEN SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2027 46
4.6 BIOREFINERY MARKET, BY TYPE 47
FIGURE 19 FIRST GENERATION SEGMENT TO ACCOUNT FOR LARGEST
MARKET SHARE IN 2027 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 20 BIOREFINERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 48
5.2.1 DRIVERS 49
5.2.1.1 Rise in demand for biofuels and bio-based polymers 49
FIGURE 21 GLOBAL BIODIESEL PRODUCTION, 2010–2026 49
FIGURE 22 GLOBAL BIOETHANOL PRODUCTION, 2010–2026 50
FIGURE 23 GLOBAL RENEWABLE DIESEL PRODUCTION, 2010–2026 50
FIGURE 24 GLOBAL BIOJET PRODUCTION, 2018–2026 51
5.2.1.2 Technological advancements and increased investments in biorefinery market 51
5.2.1.3 Rise in number of government initiatives and increased need for environmental sustainability 51
5.2.2 RESTRAINTS 52
5.2.2.1 Requirement of high initial capital investments 52
5.2.2.2 Uncertain global economic conditions 52
5.2.3 OPPORTUNITIES 53
5.2.3.1 High depletion rate of fossil fuels 53
5.2.4 CHALLENGES 53
5.2.4.1 Variable and high cost of feedstock 53
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 54
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR BIOREFINERY PROVIDERS 54
FIGURE 25 REVENUE SHIFT FOR BIOREFINERY PROVIDERS 54
5.4 VALUE/SUPPLY CHAIN ANALYSIS 54
FIGURE 26 BIOREFINERY MARKET: SUPPLY CHAIN ANALYSIS 55
TABLE 2 BIOREFINERY MARKET: VALUE CHAIN 55
5.4.1 MANUFACTURERS 56
5.4.2 TECHNOLOGY PROVIDERS 56
5.4.3 EPC CONTRACTORS 56
5.4.4 OPERATORS 56
5.4.5 END USERS 56
5.5 MARKET MAPPING 57
FIGURE 27 BIOREFINERY MARKET MAP 57
5.6 TECHNOLOGY ANALYSIS 57
5.6.1 TECHNOLOGY TRENDS IN BIOREFINERY MARKET 57
5.6.2 MACHINE LEARNING-RELATED DEVELOPMENTS IN BIOREFINING PROCESSES 57
5.6.3 IOT-CONNECTED MICROALGAE BIOREFINERY 58
5.7 PATENT ANALYSIS 59
5.7.1 LIST OF MAJOR PATENTS 59
TABLE 3 INNOVATIONS AND PATENT REGISTRATIONS, JULY 2019–SEPTEMBER 2022 59
5.7.2 TRADE ANALYSIS 64
5.7.3 IMPORT SCENARIO 64
TABLE 4 IMPORT SCENARIO FOR HS CODE: 3826, BY COUNTRY, 2019–2021 (USD) 65
FIGURE 28 IMPORT DATA FOR TOP 5 COUNTRIES, 2019–2021 (USD THOUSANDS) 66
5.7.4 EXPORT SCENARIO 66
TABLE 5 EXPORT SCENARIO FOR HS CODE: 3826, BY COUNTRY, 2019–2021 (USD) 66
FIGURE 29 EXPORT DATA FOR TOP 5 COUNTRIES, 2019–2021 (USD THOUSANDS) 67
5.8 PRICING ANALYSIS 67
5.8.1 AVERAGE SELLING PRICE OF BIOREFINERY, BY PRODUCT 67
TABLE 6 AVERAGE SELLING PRICE OF PRODUCTS, 2021 67
TABLE 7 AVERAGE INVESTMENT FOR SETTING UP BIOREFINERY, BY PRODUCTION CAPACITY, 2021 68
5.9 TARIFFS, CODES, AND REGULATORY LANDSCAPE 68
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
TABLE 8 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
5.10 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS FOR BIOREFINERY MARKET 74
TABLE 9 BIOREFINERY MARKET: PORTER’S FIVE FORCES ANALYSIS 74
5.10.1 THREAT OF SUBSTITUTES 75
5.10.2 BARGAINING POWER OF SUPPLIERS 75
5.10.3 BARGAINING POWER OF BUYERS 75
5.10.4 THREAT OF NEW ENTRANTS 75
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 76
5.11 CASE STUDY ANALYSIS 76
5.11.1 BIOENERGY PRODUCTION USING WASTE FROM INDUSTRIAL
PROCESSING OF ORANGES 76
5.11.1.1 Problem statement 76
5.11.1.2 Solution 76
5.11.2 FOOD WASTE (FW) MANAGEMENT ENHANCING EMERGING
BIOECONOMY IN CHINA 77
5.11.2.1 Problem statement 77
5.11.2.2 Solution 77
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 77
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 77
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS
FOR TOP 3 APPLICATIONS 77
TABLE 10 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS
FOR TOP 2 PRODUCTS 78
5.13 BUYING CRITERIA 78
FIGURE 32 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS
FOR TOP 2 PRODUCTS 78
TABLE 11 KEY BUYING CRITERIA FOR TOP 2 PRODUCTS 78
5.14 KEY CONFERENCES AND EVENTS, 2022–2024 79
TABLE 12 BIOREFINERY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 79
6 BIOREFINERY MARKET, BY TECHNOLOGY 83
6.1 INTRODUCTION 84
FIGURE 33 BIOREFINERY MARKET, BY TECHNOLOGY, 2021 84
TABLE 13 BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 84
6.2 INDUSTRIAL BIOTECHNOLOGY 84
6.2.1 EXTENSIVE USE TO REPLACE FOSSIL FUELS AND PETROLEUM-BASED PRODUCTS TO INCREASE DEMAND 84
TABLE 14 INDUSTRIAL BIOTECHNOLOGY: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 85
6.3 THERMOCHEMICAL 85
6.3.1 LOW TIME REQUIRED IN CONVERSION TECHNIQUE TO DRIVE DEMAND 85
TABLE 15 THERMOCHEMICAL: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 86
6.4 PHYSICO-CHEMICAL 86
6.4.1 PROPERTIES OF LIGNOCELLULOSIC MATERIALS TO DRIVE DEMAND 86
TABLE 16 PHYSICO-CHEMICAL: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 87
7 BIOREFINERY MARKET, BY PRODUCT 88
7.1 INTRODUCTION 89
FIGURE 34 BIOREFINERY MARKET, BY PRODUCT, 2021 89
TABLE 17 BIOREFINERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 89
7.2 ENERGY DRIVEN 89
7.2.1 CHANGE IN GOVERNMENT POLICIES LEADING TO INCREASED INVESTMENTS IN BIOREFINERY TO DRIVE DEMAND 89
7.2.1.1 Biodiesel 91
7.2.1.2 Bioethanol 91
7.2.1.3 Sustainable aviation fuel 91
TABLE 18 ENERGY DRIVEN: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (MILLION LITERS) 92
TABLE 19 ENERGY DRIVEN: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (USD MILLION) 92
TABLE 20 ENERGY DRIVEN: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 92
7.3 MATERIAL DRIVEN 93
7.3.1 RISING DEMAND FOR ANIMAL FEED AND INCREASING BIOMATERIALS USAGE IN INDUSTRIAL AND COMMERCIAL SECTORS TO DRIVE DEMAND 93
7.3.1.1 Chemicals 93
7.3.1.2 Bio–naphtha 94
7.3.1.3 Animal feed 94
7.3.1.4 Others 94
TABLE 21 MATERIAL DRIVEN: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 95
8 BIOREFINERY MARKET, BY TYPE 96
8.1 INTRODUCTION 97
FIGURE 35 BIOREFINERY MARKET, BY TYPE, 2021 97
TABLE 22 BIOREFINERY MARKET, BY TYPE, 2020–2027 (USD MILLION) 97
8.2 FIRST GENERATION 97
8.2.1 EASY AVAILABILITY OF RAW MATERIALS TO DRIVE DEMAND 97
TABLE 23 FIRST GENERATION: BIOREFINERY MARKET, BY REGION, 2020–2027 (USD MILLION) 98
8.3 SECOND GENERATION 98
8.3.1 LOW PRODUCTION COST TO DRIVE DEMAND 98
TABLE 24 SECOND GENERATION: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 99
8.4 THIRD GENERATION 99
8.4.1 RISE IN DEMAND FOR ALGAE-BASED BIOFUEL TO DRIVE MARKET 99
TABLE 25 THIRD GENERATION: BIOREFINERY MARKET, BY REGION,
2020–2027 (USD MILLION) 100
9 BIOREFINERY MARKET, BY REGION 101
9.1 INTRODUCTION 102
FIGURE 36 BIOREFINERY MARKET SHARE, BY REGION, 2021 (%) 102
FIGURE 37 BIOREFINERY MARKET IN MIDDLE EAST & AFRICA TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 102
9.1.1 BY TECHNOLOGY 103
TABLE 26 BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 103
9.1.2 BY PRODUCT 103
TABLE 27 BIOREFINERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 103
TABLE 28 ENERGY DRIVEN: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (MILLION LITER) 103
TABLE 29 ENERGY DRIVEN: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (USD MILLION) 104
9.1.3 BY TYPE 104
TABLE 30 BIOREFINERY MARKET, BY TYPE, 2020–2027 (USD MILLION) 104
9.1.4 BY REGION 104
TABLE 31 BIOREFINERY MARKET, BY REGION, 2020–2027 (USD MILLION) 104
9.2 AMERICAS 105
FIGURE 38 AMERICAS: BIOREFINERY MARKET SNAPSHOT 106
9.2.1 BY TECHNOLOGY 107
TABLE 32 AMERICAS: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 107
9.2.2 BY PRODUCT 107
TABLE 33 AMERICAS: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (USD MILLION) 107
9.2.3 BY TYPE 107
TABLE 34 AMERICAS: BIOREFINERY MARKET, BY TYPE, 2020–2027 (USD MILLION) 107
9.2.4 BY COUNTRY 108
TABLE 35 AMERICAS: BIOREFINERY MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 108
9.2.4.1 US 108
9.2.4.1.1 Initiation of new projects and government incentives to drive market growth 108
TABLE 36 US: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 109
9.2.4.2 Canada 109
9.2.4.2.1 Initiatives to develop forest-based biorefinery to drive market growth 109
TABLE 37 CANADA: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 110
9.2.4.3 Brazil 111
9.2.4.3.1 Investments in new biorefinery projects to drive market growth 111
TABLE 38 BRAZIL: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 111
9.2.4.4 Rest of Americas 111
TABLE 39 REST OF AMERICAS: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 113
9.3 EUROPE 113
FIGURE 39 EUROPE: BIOREFINERY MARKET SNAPSHOT 114
9.3.1 BY TECHNOLOGY 115
TABLE 40 EUROPE: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 115
9.3.2 BY PRODUCT 115
TABLE 41 EUROPE: BIOREFINERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 115
9.3.3 BY TYPE 115
TABLE 42 EUROPE: BIOREFINERY MARKET, BY TYPE, 2020–2027 (USD MILLION) 115
9.3.4 BY COUNTRY 116
TABLE 43 EUROPE: BIOREFINERY MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 116
9.3.4.1 Germany 116
9.3.4.1.1 Increased demand for ethanol and high investments in biorefineries to drive market growth 116
TABLE 44 GERMANY: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 117
9.3.4.2 UK 117
9.3.4.2.1 Rise in investments to achieve net-zero emissions to drive market growth 117
TABLE 45 UK: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 118
9.3.4.3 Italy 119
9.3.4.3.1 Increased demand for biofuel and expansion of biorefineries to drive market demand 119
TABLE 46 ITALY: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 120
9.3.4.4 France 120
9.3.4.4.1 Increased focus on reduction in greenhouse gas (GHG) emissions to drive market growth 120
TABLE 47 FRANCE: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 120
9.3.4.5 Spain 121
9.3.4.5.1 Changes in government policies to fuel demand for biorefineries 121
TABLE 48 SPAIN: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 121
9.3.4.6 Netherlands 122
9.3.4.6.1 Need to reduce dependency on fossil fuels to drive demand 122
TABLE 49 NETHERLANDS: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 122
9.3.4.7 Hungary 122
9.3.4.7.1 Policies and regulations pertaining to fossil fuels to drive demand 122
TABLE 50 HUNGARY: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 123
9.3.4.8 Poland 123
9.3.4.8.1 Stringent regulations to boost biofuel demand 123
TABLE 51 POLAND: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 123
9.3.4.9 Rest of Europe 124
TABLE 52 REST OF EUROPE: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 125
9.4 ASIA PACIFIC 125
9.4.1 BY TECHNOLOGY 126
TABLE 53 ASIA PACIFIC: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 126
9.4.2 BY PRODUCT 126
TABLE 54 ASIA PACIFIC: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (USD MILLION) 126
9.4.3 BY TYPE 127
TABLE 55 ASIA PACIFIC: BIOREFINERY MARKET, BY TYPE, 2020–2027 (USD MILLION) 127
9.4.4 BY COUNTRY 127
TABLE 56 ASIA PACIFIC: BIOREFINERY MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 127
9.4.4.1 China 127
9.4.4.1.1 Investments in production of hydrotreated vegetable oil to drive market growth 127
TABLE 57 CHINA: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 128
9.4.4.2 India 128
9.4.4.2.1 High investment in production of ethanol and change in government policy to drive demand 128
TABLE 58 INDIA: BIOREFINERY MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 129
9.4.4.3 Indonesia 130
9.4.4.3.1 Increasing number of biorefinery projects to accelerate market growth 130
TABLE 59 INDONESIA: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 130
9.4.4.4 Thailand 130
9.4.4.4.1 Government support and initiatives to drive market growth 130
TABLE 60 THAILAND: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 131
9.4.4.5 Rest of Asia Pacific 131
9.4.4.5.1 By technology 132
TABLE 61 REST OF ASIA PACIFIC: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 132
9.5 MIDDLE EAST & AFRICA 132
9.5.1 BY TECHNOLOGY 133
TABLE 62 MIDDLE EAST & AFRICA: BIOREFINERY MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 133
9.5.2 BY PRODUCT 133
TABLE 63 MIDDLE EAST & AFRICA: BIOREFINERY MARKET, BY PRODUCT,
2020–2027 (USD MILLION) 133
9.5.3 BY TYPE 133
TABLE 64 MIDDLE EAST & AFRICA: BIOREFINERY MARKET, BY TYPE,
2020–2027 (USD MILLION) 133
10 COMPETITIVE LANDSCAPE 134
10.1 OVERVIEW 134
FIGURE 40 KEY DEVELOPMENTS IN BIOREFINERY MARKET, 2018–2022 135
10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 136
TABLE 65 BIOREFINERY MARKET: DEGREE OF COMPETITION 136
FIGURE 41 BIOREFINERY MARKET SHARE ANALYSIS, 2021 137
10.3 MARKET EVALUATION FRAMEWORK 137
TABLE 66 MARKET EVALUATION FRAMEWORK, 2018–2021 138
10.4 SEGMENTAL REVENUE ANALYSIS OF TOP THREE MARKET PLAYERS 139
FIGURE 42 TOP PLAYERS IN BIOREFINERY MARKET, 2017–2021 139
10.5 COMPANY EVALUATION QUADRANT, 2021 140
10.5.1 STARS 140
10.5.2 PERVASIVE PLAYERS 140
10.5.3 EMERGING LEADERS 140
10.5.4 PARTICIPANTS 140
FIGURE 43 COMPETITIVE LEADERSHIP MAPPING: BIOREFINERY MARKET, 2021 141
10.6 START-UP/SME EVALUATION QUADRANT, 2021 141
10.6.1 PROGRESSIVE COMPANIES 141
10.6.2 RESPONSIVE COMPANIES 142
10.6.3 DYNAMIC COMPANIES 142
10.6.4 STARTING BLOCKS 142
FIGURE 44 BIOREFINERY MARKET: START-UP/SMES EVALUATION QUADRANT, 2021 142
10.6.5 COMPETITIVE BENCHMARKING 143
TABLE 67 BIOREFINERY MARKET: DETAILED LIST OF KEY START-UPS/SMES 143
10.7 BIOREFINERY MARKET: SME COMPANY FOOTPRINT, BY PRODUCT 144
TABLE 68 COMPANY FOOTPRINT: BY PRODUCT 144
10.8 BIOREFINERY MARKET: SME COMPANY FOOTPRINT, BY TYPE 144
TABLE 69 COMPANY FOOTPRINT: BY TYPE 144
10.9 BIOREFINERY MARKET: SME COMPANY FOOTPRINT 145
TABLE 70 COMPANY FOOTPRINT: BY REGION 145
10.10 BIOREFINERY MARKET: SME COMPANY FOOTPRINT 145
TABLE 71 OVERALL COMPANY FOOTPRINT 145
10.11 BIOREFINERY MARKET: COMPANY FOOTPRINT, BY PRODUCT 146
TABLE 72 COMPANY FOOTPRINT: BY PRODUCT 146
10.12 BIOREFINERY MARKET: COMPANY FOOTPRINT, BY TYPE 147
TABLE 73 COMPANY FOOTPRINT: BY TYPE 147
10.13 BIOREFINERY MARKET: COMPANY FOOTPRINT, BY REGION 148
TABLE 74 COMPANY FOOTPRINT: BY REGION 148
10.14 BIOREFINERY MARKET: COMPANY FOOTPRINT 149
TABLE 75 OVERALL: COMPANY FOOTPRINT 149
10.15 COMPETITIVE SCENARIO 150
TABLE 76 BIOREFINERY MARKET: PRODUCT LAUNCHES, MARCH 2022 150
TABLE 77 BIOREFINERY MARKET: DEALS, MARCH 2021–OCTOBER 2022 150
TABLE 78 BIOREFINERY MARKET, MAY 2018–SEPTEMBER 2021 155
11 COMPANY PROFILES 157
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS 157
11.1.1 VALERO 157
TABLE 79 VALERO: BUSINESS OVERVIEW 157
FIGURE 45 VALERO: COMPANY SNAPSHOT (2021) 158
TABLE 80 VALERO: PRODUCTS OFFERED 158
TABLE 81 VALERO: DEALS 159
TABLE 82 VALERO: OTHERS 160
11.1.2 TOTALENERGIES 162
TABLE 83 TOTALENERGIES: BUSINESS OVERVIEW 162
FIGURE 46 TOTALENERGIES: COMPANY SNAPSHOT (2021) 163
TABLE 84 TOTALENERGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 164
TABLE 85 TOTALENERGIES: DEALS 164
11.1.3 NESTE 167
TABLE 86 NESTE: BUSINESS OVERVIEW 167
FIGURE 47 NESTE: COMPANY SNAPSHOT (2021) 168
TABLE 87 NESTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 169
TABLE 88 NESTE: DEALS 169
11.1.4 RENEWABLE ENERGY GROUP 172
TABLE 89 RENEWABLE ENERGY GROUP: BUSINESS OVERVIEW 172
FIGURE 48 RENEWABLE ENERGY GROUP: COMPANY SNAPSHOT (2021) 172
TABLE 90 RENEWABLE ENERGY GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 173
TABLE 91 RENEWABLE ENERGY GROUP: PRODUCT LAUNCHES 174
TABLE 92 RENEWABLE ENERGY GROUP: DEALS 174
TABLE 93 RENEWABLE ENERGY GROUP: OTHERS 176
11.1.5 VIVERGO FUELS 178
TABLE 94 VIVERGO FUELS: BUSINESS OVERVIEW 178
TABLE 95 VIVERGO FUELS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
TABLE 96 VIVERGO FUELS: OTHERS 179
11.1.6 BORREGAARD AS 181
TABLE 97 BORREGAARD AS: BUSINESS OVERVIEW 181
FIGURE 49 BORREGAARD AS: COMPANY SNAPSHOT (2021) 182
TABLE 98 BORREGAARD AS: PRODUCTS OFFERED 183
TABLE 99 BORREGAARD AS: OTHERS 184
11.1.7 WILMAR INTERNATIONAL LTD. 185
TABLE 100 WILMAR INTERNATIONAL LTD.: BUSINESS OVERVIEW 185
FIGURE 50 WILMAR INTERNATIONAL LTD.: COMPANY SNAPSHOT (2021) 186
TABLE 101 WILMAR INTERNATIONAL LTD.: PRODUCTS OFFERED 186
11.1.8 GODAVARI BIOREFINERIES LTD. 187
TABLE 102 GODAVARI BIOREFINERIES LTD.: BUSINESS OVERVIEW 187
FIGURE 51 GODAVARI BIOREFINERIES LTD.: COMPANY SNAPSHOT (2021) 188
TABLE 103 GODAVARI BIOREFINERIES LTD: PRODUCTS OFFERED 188
TABLE 104 GODAVARI BIOREFINERIES LTD: OTHERS 190
11.1.9 ASSAM BIO REFINERY PRIVATE LIMITED 191
TABLE 105 ASSAM BIO REFINERY PRIVATE LIMITED: BUSINESS OVERVIEW 191
TABLE 106 ASSAM BIO REFINERY PRIVATE LIMITED:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
11.1.10 SEKAB 193
TABLE 107 SEKAB: BUSINESS OVERVIEW 193
TABLE 108 SEKAB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 109 SEKAB: DEALS 195
11.1.11 GREEN PLAINS INC. 196
TABLE 110 GREEN PLAINS INC.: BUSINESS OVERVIEW 196
FIGURE 52 GREEN PLAINS INC.: COMPANY SNAPSHOT (2021) 196
TABLE 111 GREEN PLAINS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 197
TABLE 112 GREEN PLAINS INC.: DEALS 198
TABLE 113 GREEN PLAINS INC.: OTHERS 199
11.1.12 CARGILL, INCORPORATED 200
TABLE 114 CARGILL, INCORPORATED: BUSINESS OVERVIEW 200
TABLE 115 CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 116 CARGILL, INCORPORATED: DEALS 201
TABLE 117 CARGILL, INCORPORATED: OTHERS 203
11.1.13 CLARIANT 204
TABLE 118 CLARIANT: BUSINESS OVERVIEW 204
FIGURE 53 CLARIANT: COMPANY SNAPSHOT (2021) 204
TABLE 119 CLARIANT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 120 CLARIANT: DEALS 205
11.1.14 VERSALIS S.P.A. 207
TABLE 121 VERSALIS S.P.A.: BUSINESS OVERVIEW 207
FIGURE 54 VERSALIS S.P.A.: COMPANY SNAPSHOT (2021) 208
TABLE 122 VERSALIS S.P.A.: PRODUCTS OFFERED 208
TABLE 123 VERSALIS S.P.A.: PRODUCT LAUNCHES 209
TABLE 124 VERSALIS S.P.A.: DEALS 209
11.1.15 ABENGOA 210
TABLE 125 ABENGOA: COMPANY OVERVIEW 210
TABLE 126 ABENGOA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
11.2 OTHER PLAYERS 211
11.2.1 CHINA PETROCHEMICAL CORPORATION 211
11.2.2 RED RIVER BIOREFINERY 211
11.2.3 SGP BIOENERGY HOLDINGS, LLC 212
11.2.4 BP P.L.C. 212
11.2.5 CHEMPOLIS 213
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX 214
12.1 INSIGHTS OF INDUSTRY EXPERTS 214
12.2 DISCUSSION GUIDE 215
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 220
12.4 CUSTOMIZATION OPTIONS 222
12.5 RELATED REPORTS 222
12.6 AUTHOR DETAILS 223