Biorefinery market is anticipated to grow at a CAGR of 29.4% during the forecast period (2024-2031). Biorefinery is a framework in which biomass is utilized in an optimal manner to produce multiple products and tries to be self-sustaining and not harmful to the environment.

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Globally, there is a trend of achieving net zero goals. The biorefinery is considered a financial tool to reduce carbon emissions by storing carbons for future and later use. Thus, several industries are heavily investing in the biorefinery industry which will support them to achieve net-zero emissions in coming years. For instance, in May 2022, the Panama government and energy companies, including SGP BioEnergy, plan to develop a major, advanced biorefinery to increase the supply of lower-carbon aviation fuel.

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Market Coverage
Market number available for – 2024-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

Market Segmentation

Global Biorefinery Market by Type

First Generation
Second Generation
Third Generation

Global Biorefinery Market by Product

Energy Driven
Material Driven

Global Biorefinery Market by Technology

Industrial Biotechnology
Physico-Chemical
Thermochemical

Company Profiles 

Abengoa, S.A.
Afyren SAS
Borregaard
Chempolis Ltd.
Clariant AG
Godavari Biorefineries Ltd. (The Godavari Sugar Mills Ltd.)
Green Plains Inc.
Neste Oyj
Red River Biorefinery
Renewable Energy Group
Sekab
SGP BioEnergy Holdings, LLC
Veolia Environnement SA
Vivergo Fuels

The Report Covers

Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global biorefinery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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