Biorefinery Market

Biorefinery Market

Biorefinery Market Forecasts to 2028 - Global Analysis By Product (Material Driven, Energy Driven and Other Products), By Type (First Generation, Second Generation and Third Generation), By Feedstock, By Processes, By Technology, By Application, By End User and By Geography

4.3 (47 reviews)
4.3 (47 reviews)
Published: 2023 ID: SMRC22891

This report covers the impact of COVID-19 on this global market

Years Covered


Estimated Year Value (2022)

US $141.8 BN

Projected Year Value (2028)

US $259.5 BN

CAGR (2022 - 2028)


Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market


Highest Growing Market

North America

According to Stratistics MRC, the Global Biorefinery Market is accounted for $141.8 billion in 2022 and is expected to reach $259.5 billion by 2028 growing at a CAGR of 10.6% during the forecast period. A facility termed a biorefinery uses machinery and procedures for converting biomass into fuels, chemicals, materials, food, and animal feed. The infrastructure required to build up biorefineries has experienced an increase in investment due to the rising demand for clean energy fuels. Biomass is transformed into energy and other useful byproducts in the biorefinery. It is a method for processing biomass sustainably to create a variety of bio-based goods and bioenergy. A biorefinery produces a variety of compounds by splitting an initial raw material into several intermediates, such as carbohydrates, proteins, and triglycerides, which can then be processed into products with additional value.

According to the International Renewable Energy Agency, the U.S. had a total electricity capacity of 13,574 MW from bioenergy. This is almost 4.2% of the total renewable energy electricity capacity.

Market Dynamics:


Rapid urbanization and industrialization

The industrial sector has experienced tremendous growth in terms of enormous global technological advancements and massive production rates. A significant need for the development of renewable energy has been created by the industrial sector's rising energy consumption. This has bolstered the bioenergy market's growth, enhancing biorefineries' setup. Rising urbanisation has significantly raised energy consumption in the residential and commercial sectors internationally. The average annual electricity consumption for a U.S. residential utility customer in 2020 was 10,715 kWh, according to the U.S. Energy Information Administration.


High capital investment

One of the main obstacles to the installation of biorefineries as a market restraint throughout the anticipated period is the high initial investment. Installation, procurement, implementation, testing, maintenance, and feedstock costs are all included in the investment. The cost of the feedstock is a significant variable cost factor in the production of biofuels and chemicals.


Increasing environmental protection regulations

Efforts to reduce air, water, and soil pollution have been accelerated by growing environmental consciousness. Contrary to traditional oil and gas, which are highly polluting and leave an enormous carbon imprint, this has led the government to enact reformatory policies to promote investments in cleaner fuels. After the Paris Climate Change Agreement, nations have set objectives to cut their carbon emissions as they become more aware of their carbon footprints. Over the forecast period, this has significantly increased investments in biorefineries. Furthermore, waste-to-energy conversion rates increased as a result of rising awareness of the environment. Because of this, there is a higher demand for biorefineries. However, the construction of biorefineries for the production of chemicals has also been prompted by the growing need to manufacture chemicals in a sustainable manner.


Restrictions on feedstock types

The German government declared in September 2021 that the use of palm oil in the production of biofuels would be discontinued in 2023. The nation declared that it would focus on using waste products to produce biofuels. Germany also announced plans to use fewer biofuels made from food crops in May 2022 as a result of rising food prices. The Russia-Ukraine war caused exports to be disrupted, which reduced the number of agricultural crops that were available from both countries. China banned using grains as feedstock for biorefineries in 2007. For the purpose of producing ethanol, the government started promoting the development of new biorefineries based on sweet potatoes, sweet sorghum, and cassava. China, however, stopped providing funds for ethanol production in 2017 for the use of non-food grain and non-cellulosic feedstock. Such limitations on feedstock utilisation have a negative impact on investments in biorefineries.

Covid-19 Impact:

Construction stopped as a result of the worldwide COVID-19 lockdowns. The growth of the bio refinery market was among the numerous industries impacted by the coronavirus pandemic. Due to decreased investment potential brought on by economic turmoil in many nations, the authorization of new projects also saw a minor decline in the yearly growth rate. But during the epidemic, more eco-friendly technology was adopted. The use of biofuels was revitalised with the development of biorefining technologies. As a result, there is increasing demand for the construction of biorefineries.

The energy driven segment is expected to be the largest during the forecast period

Due to growing investments in the renewable energy sector, which will result in an increase in the number of renewable power plants and a rise in the production of bioenergy, the energy-driven segment is anticipated to be the largest segment during the forecast period. This is expected to drive demand for energy-driven biorefineries. The primary product category, according to the International Energy Agency, is energy-driven, particularly biofuels. These elements are boosting the segments growth.

The industrial biotechnology segment is expected to have the highest CAGR during the forecast period

Owing to the production of bio-based products from renewable feedstocks, such as chemicals, fuels, and plastics, as well as the use of biotechnology-based tools in conventional industrial processes known as bioprocessing, the industrial biotechnology segment is anticipated to grow at the highest CAGR during the forecast period. Industrial biotechnology is seen to have the potential to impact the economics of industrial production since it allows integrated biorefineries to create a wide range of goods and value streams. Moreover, large-scale bio-based industrial products are effectively entering the market due to three important factors: economic benefit, excellent performance, and environmentally friendly products.

Region with largest share:

Due to Germany's significant investment in and consumption of biofuel and products produced by biorefineries, Europe held the largest proportion of the global biorefinery market throughout the forecast period. Because of the support of the government, the UK is consuming more renewable energy as compared to energy derived from coal and oil. The nation has set forth strict rules governing the annual emissions levels across numerous industries, including transportation, buildings, and industry.

Region with highest CAGR:

Due to continued government subsidies and biorefinery plant research and development, North America is expected to have profitable growth in the global biorefinery market over the forecast period, leading to an increase in the number of biorefineries worldwide. Leading the North American market is the United States. Innovators and pioneers in biorefinery research include the National Renewable Energy Laboratory (NREL) of the United States.

Key players in the market

Some of the key players in Biorefinery market include AB Holding SpA, Archer Daniels Midland Company, Bayer Material Science LLC, BTS Biogas Srl/GmbH, Chempolis, Dominion Energy Services Company, Du Pont De Nemours, Green Plains Renewable Energy, Honeywell International Inc., Lanxess A.G, Orsted, Pacific Ethanol, Inc., Renewable Energy Group, Inc., UPM Global and Valero Energy Corporation.

Key Developments:

In September 2022, AFYREN announced the inauguration of AFYREN NEOXY, its first large-scale plant, in Carling Saint-Avold, France. The announcement was made on the Chemesis industrial platform. Carboxylic acids are directly procured from sugar beet co-products through purification, extraction, and fermentation to provide a low-carbon alternative.

In June 2022, Fintoil along with Neste Engineering Solutions has chosen Emerson automation software and technologies to take advantage of its Hamina-Kotka biorefinery’s operative performance. The Finland-based facility produces advanced bio-fuels and bio-chemical feedstocks which will help in reducing emission and dependency on fossil-fuels.

In May 2022, VERBIO launched the first cellulosic RNG plant in Nevada, U.S. According to the company, farmers benefit from the company's new technology, wherein the waste straw from the field is collected, which would otherwise rot. The production chain gives straw humus, a high-quality biofertilizer, at the end.

In April 2022, Veolia launched the world's largest biorefinery project producing carbon dioxide-neutral bio-methanol from a pulp mill in Finland. Developed with Metsä Fibre, the largest cooperative forestry association in Europe, the refinery will use Veolia's innovative technology of commercial bio product-derived bio methanol production, which integrates the crude sulfate methanol refining into the pulp production process.

Products Covered:
• Material Driven
• Energy Driven
• Other Products

Types Covered:
• First Generation
• Second Generation
• Third Generation

Feedstocks Covered:
• Multifeedstock
• Organic & Agricultural Residues
• Energy Crops
• Dedicated Crops
• Starch & Sugar Crops
• Other Feedstocks

Processes Covered:
• Mechanical/Physical Processes
• Chemical Processes
• Biochemical Processes
• Other Processes

Technologies Covered:
• Thermochemical
• Industrial Biotechnology
• Physico Chemical
• Advanced Biorefinery
• Other Technologies

Applications Covered:
• Materials
• Nonenergetic
• Energetic
• Plastic
• Body Care Products
• Resins
• Electricity
• Other Applications

End Users Covered:
• Manufacturing
• Flame Retardants
• Transportation
• Safe Food Supply
• Environment
• Communication
• Recreation
• Construction/Housing
• Agriculture
• Health and Hygiene
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Biorefinery Market, By Product
5.1 Introduction
5.2 Material Driven
5.2.1 Bio Naphtha
5.2.2 Chemicals
5.2.3 Animal Feed
5.2.4 Other Material Drivens
5.3 Energy Driven
5.3.1 Biodiesel
5.3.2 Sustainable aviation fuel
5.3.3 Bioethanol
5.4 Other Products

6 Global Biorefinery Market, By Type
6.1 Introduction
6.2 First Generation
6.3 Second Generation
6.4 Third Generation

7 Global Biorefinery Market, By Feedstock
7.1 Introduction
7.2 Multifeedstock
7.3 Organic & Agricultural Residues
7.4 Energy Crops
7.5 Dedicated Crops
7.5.1 Lignocellulosic Crops
7.5.2 Oil Crops
7.5.3 Other Dedicated Crops
7.6 Starch & Sugar Crops
7.7 Other Feedstocks

8 Global Biorefinery Market, By Processes
8.1 Introduction
8.2 Mechanical/Physical Processes
8.3 Chemical Processes
8.4 Biochemical Processes
8.5 Other Processes

9 Global Biorefinery Market, By Technology
9.1 Introduction
9.2 Thermochemical
9.3 Industrial Biotechnology
9.4 Physico Chemical
9.5 Advanced Biorefinery
9.6 Other Technologies

10 Global Biorefinery Market, By Application
10.1 Introduction
10.2 Materials
10.3 Nonenergetic
10.4 Energetic
10.5 Plastic
10.6 Body Care Products
10.7 Resins
10.8 Electricity
10.9 Other Applications

11 Global Biorefinery Market, By End User
11.1 Introduction
11.2 Manufacturing
11.3 Flame Retardants
11.4 Transportation
11.5 Safe Food Supply
11.6 Environment
11.7 Communication
11.8 Recreation
11.9 Construction/Housing
11.10 Agriculture
11.11 Health and Hygiene
11.12 Other End Users

12 Global Biorefinery Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa

13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies

14 Company Profiling
14.1 AB Holding SpA
14.2 Archer Daniels Midland Company
14.3 Bayer Material Science LLC
14.4 BTS Biogas Srl/GmbH
14.5 Chempolis
14.6 Dominion Energy Services Company
14.7 Du Pont De Nemours
14.8 Green Plains Renewable Energy
14.9 Honeywell International Inc.
14.10 Lanxess A.G
14.11 Orsted
14.12 Pacific Ethanol, Inc.
14.13 Renewable Energy Group, Inc.
14.14 UPM Global
14.15 Valero Energy Corporation

List of Tables
1 Global Biorefinery Market Outlook, By Region (2020-2028) ($MN)
2 Global Biorefinery Market Outlook, By Product (2020-2028) ($MN)
3 Global Biorefinery Market Outlook, By Material Driven (2020-2028) ($MN)
4 Global Biorefinery Market Outlook, By Bio Naphtha (2020-2028) ($MN)
5 Global Biorefinery Market Outlook, By Chemicals (2020-2028) ($MN)
6 Global Biorefinery Market Outlook, By Animal Feed (2020-2028) ($MN)
7 Global Biorefinery Market Outlook, By Other Material Drivens (2020-2028) ($MN)
8 Global Biorefinery Market Outlook, By Energy Driven (2020-2028) ($MN)
9 Global Biorefinery Market Outlook, By Biodiesel (2020-2028) ($MN)
10 Global Biorefinery Market Outlook, By Sustainable aviation fuel (2020-2028) ($MN)
11 Global Biorefinery Market Outlook, By Bioethanol (2020-2028) ($MN)
12 Global Biorefinery Market Outlook, By Other Products (2020-2028) ($MN)
13 Global Biorefinery Market Outlook, By Type (2020-2028) ($MN)
14 Global Biorefinery Market Outlook, By First Generation (2020-2028) ($MN)
15 Global Biorefinery Market Outlook, By Second Generation (2020-2028) ($MN)
16 Global Biorefinery Market Outlook, By Third Generation (2020-2028) ($MN)
17 Global Biorefinery Market Outlook, By Feedstock (2020-2028) ($MN)
18 Global Biorefinery Market Outlook, By Multifeedstock (2020-2028) ($MN)
19 Global Biorefinery Market Outlook, By Organic & Agricultural Residues (2020-2028) ($MN)
20 Global Biorefinery Market Outlook, By Energy Crops (2020-2028) ($MN)
21 Global Biorefinery Market Outlook, By Dedicated Crops (2020-2028) ($MN)
22 Global Biorefinery Market Outlook, By Lignocellulosic Crops (2020-2028) ($MN)
23 Global Biorefinery Market Outlook, By Oil Crops (2020-2028) ($MN)
24 Global Biorefinery Market Outlook, By Other Dedicated Crops (2020-2028) ($MN)
25 Global Biorefinery Market Outlook, By Starch & Sugar Crops (2020-2028) ($MN)
26 Global Biorefinery Market Outlook, By Other Feedstocks (2020-2028) ($MN)
27 Global Biorefinery Market Outlook, By Processes (2020-2028) ($MN)
28 Global Biorefinery Market Outlook, By Mechanical/Physical Processes (2020-2028) ($MN)
29 Global Biorefinery Market Outlook, By Chemical Processes (2020-2028) ($MN)
30 Global Biorefinery Market Outlook, By Biochemical Processes (2020-2028) ($MN)
31 Global Biorefinery Market Outlook, By Other Processes (2020-2028) ($MN)
32 Global Biorefinery Market Outlook, By Technology (2020-2028) ($MN)
33 Global Biorefinery Market Outlook, By Thermochemical (2020-2028) ($MN)
34 Global Biorefinery Market Outlook, By Industrial Biotechnology (2020-2028) ($MN)
35 Global Biorefinery Market Outlook, By Physico Chemical (2020-2028) ($MN)
36 Global Biorefinery Market Outlook, By Advanced Biorefinery (2020-2028) ($MN)
37 Global Biorefinery Market Outlook, By Other Technologies (2020-2028) ($MN)
38 Global Biorefinery Market Outlook, By Application (2020-2028) ($MN)
39 Global Biorefinery Market Outlook, By Materials (2020-2028) ($MN)
40 Global Biorefinery Market Outlook, By Nonenergetic (2020-2028) ($MN)
41 Global Biorefinery Market Outlook, By Energetic (2020-2028) ($MN)
42 Global Biorefinery Market Outlook, By Plastic (2020-2028) ($MN)
43 Global Biorefinery Market Outlook, By Body Care Products (2020-2028) ($MN)
44 Global Biorefinery Market Outlook, By Resins (2020-2028) ($MN)
45 Global Biorefinery Market Outlook, By Electricity (2020-2028) ($MN)
46 Global Biorefinery Market Outlook, By Other Applications (2020-2028) ($MN)
47 Global Biorefinery Market Outlook, By End User (2020-2028) ($MN)
48 Global Biorefinery Market Outlook, By Manufacturing (2020-2028) ($MN)
49 Global Biorefinery Market Outlook, By Flame Retardants (2020-2028) ($MN)
50 Global Biorefinery Market Outlook, By Transportation (2020-2028) ($MN)
51 Global Biorefinery Market Outlook, By Safe Food Supply (2020-2028) ($MN)
52 Global Biorefinery Market Outlook, By Environment (2020-2028) ($MN)
53 Global Biorefinery Market Outlook, By Communication (2020-2028) ($MN)
54 Global Biorefinery Market Outlook, By Recreation (2020-2028) ($MN)
55 Global Biorefinery Market Outlook, By Construction/Housing (2020-2028) ($MN)
56 Global Biorefinery Market Outlook, By Agriculture (2020-2028) ($MN)
57 Global Biorefinery Market Outlook, By Health and Hygiene (2020-2028) ($MN)
58 Global Biorefinery Market Outlook, By Other End Users (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.