Biorefinery Products and Applications: Global Markets

Report Code: EGY117E

Publish Date: Jul 2024

Publisher: BCC Publishing

Category: Energy

Download Report Overview

30% Off

Limited Period Offer

CUSTOMIZE NOW

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for biorefinery products and applications was valued at $715.7 billion in 2023. The market is expected to grow from $775.2 billion in 2024 to nearly $1.2 trillion by 2029, at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2029.

Report Includes

  • 40 data tables and 76 additional tables
  • An overview of the global markets for biorefinery products and applications
  • Analysis of global market trends, featuring historical revenue data for 2023, estimated figures for 2024, forecasts for 2029, and projected CAGRs through 2029
  • Identification of the new opportunities, challenges and technologies in the industry
  • Market share analysis by source, product, applications, end use and region
  • Analysis of the current market trends and forecast, R&D activity, product launches and regulatory scenario
  • Analysis of the key companies’ market shares, M&A activity, joint ventures, collaborations and other market strategies
  • Profiles of major market players, including BASF SE, BP P.L.C., Neste, Cargill Inc., and Petrobras

Report Scope

This report segments the market for biorefinery products by product type (energy-driven and material-driven), source (primary, secondary and tertiary biomass), and application (biofuel, biobased chemicals, biomaterials, bioenergy, and medicines and healthcare). The market is segmented into four regions: North America, Europe, Asia-Pacific and the Rest of the World. The report’s scope is limited to the study of biorefinery products as an end-use product and their application. Excluded is the revenue generated from technologies used in the biorefineries. The base year considered for the report is 2023 and the estimates and forecasts are for 2024 to 2029. Market estimates are provided in U.S. dollars, billions.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $715.7 Billion
Market size forecast $1.2 Trillion
Growth rate CAGR of 8.8% from 2024 to 2029
Units considered $ Billions
Segments covered By Source, Product Type, Application and Region
Regions covered North America, Europe, Asia-Pacific and the Rest of the World
Key Market Drivers
  • Macro factor: Dwindling fossil fuel resources
  • Easy availability of biomass
  • Investment in green energy and products
Companies studied
BASF SEBP P.L.C.
CARGILL INC.CHEVRON RENEWABLE ENERGY GROUP
ENVIVA INC.HONEYWELL UOP (HONEYWELL INTERNATIONAL INC.)
NESTENOVOZYMES A/S
PLANET BIOTECHNOLOGY INC.POET LLC.
PETROBRASSEABOARD ENERGY
VANCE GROUP LTD.VALERO ENERGY CORP.
WILMAR INTERNATIONAL LTD.
Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS

Frequently Asked Questions (FAQs)

The global biorefinery products and applications market was valued at $715.7 billion in 2023 and will reach $1,184.1 billion by 2029, and the growth rate is 8.8% for the forecast period 2024-2029.
  • Dwindling fossil fuel resources.
  • Easy availability of biomass.
  • Investment in green energy and products.
  • Growth of bioeconomy.
The biorefinery products and application market is segmented on the basis of source, product and application. The source segment is categorized into primary biomass, secondary biomass and tertiary biomass. The product category includes material-driven and energy-driven as the major segment; and the application segment includes biofuel, bio-based chemicals, biomaterials, bioenergy and medicines and healthcare.
The material-driven segment dominates the product segment.
North America has the highest market share in the market; the market is holding the highest share based on various factors such as presence of largest number of biorefineries, high R&D expenditure in biorefinery technologies and key presence of companies that are bio-based products in the region along with favorable government support for bio-based industry.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Consulting Editor’s Credentials

Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Biorefinery Products and Applications: Global Markets118Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview11Free
Chapter- 3: Market Dynamics10Free
Chapter- 4: Emerging Technologies and Developments6Free
Chapter- 5: Market Segmentation Analysis33Free
Chapter- 6: Competitive Intelligence7Free
Chapter- 7: Sustainability in Biorefinery Products Industry: An ESG Perspective6Free
Chapter- 8: Appendix41Free

Related Reports

2024 Hydrogen and Ammonia Research Review

Published - Apr 2025 | Publisher - Various Analysts | Code - EGY201A

Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. These Research Reviews include portions of several market research reports that were published in 2024.

Global Markets and Technologies for Bioplastics

Published - Mar 2025 | Publisher - BCC Publishing | Code - PLS050G

The global market volume for bioplastics is estimated to increase from 2,431.9 kilotons in 2024 to reach 5,634.6 kilotons by 2029, at a compound annual growth rate (CAGR) of 18.3% from 2024 through 2029.

Carbon Capture, Utilization & Storage Technologies

Published - Feb 2025 | Publisher - BCC Publishing | Code - EGY037G

The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.

Water Meters, Water Quality Sensors and Water Leak Detection: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - ENV039C

The global market for water meters is estimated to increase from $15.0 billion in 2023 to reach $19.3 billion by 2029, at a compound annual growth rate (CAGR) of 4.5% from 2024 through 2029.

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 116

  • Summary Table: Global Market for Biorefinery Products, by Product Type, Through 2029
  • Table 1: Phases of Biorefineries
  • Table 2: Biorefinery Outlook
  • Table 3: Global Distribution of Biorefineries, 2022
  • Table 4: Petroleum Raw Materials with Biobased Materials
  • Table 5: Recent Developments in the Biobased Industry, 2024
  • Table 6: Biomass, Biobased Products and Biorefinery Products
  • Table 7: Ranking of Regions, by Total Energy Contained in Residue Produced
  • Table 8: Facts Related to Energy Crops
  • Table 9: Investments in Bioenergy, 2023–2024
  • Table 10: Patents Related to Biorefinery Products, January 2023–May 2024
Sample Report

Recent Reports

Global White Hydrogen Market

Published - Jun 2025 | Publisher - BCC Publishing | Code - EGY203A

The report provides an analysis of the global market for white hydrogen. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented into by source, by application, and by region. The report concludes with profiles of the major players in the market.

Renewable Energy Regional Analysis Market: Middle East and North Africa

Published - Jun 2025 | Publisher - Kunal Nagpure | Code - EGY204A

This report provides an in-depth analysis of the renewable energy market in the Middle East and North Africa (MENA) region, using 2024 as the base year and forecasting trends from 2025 to 2030, with estimations of compound annual growth rates (CAGR).

Electrical Switches: Technologies and Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - EGY145B

The global market for electrical switches is expected to grow from $16.0 billion in 2025 and is projected to reach $20.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2025 to 2030.

2024 Sustainable Energy Research Review

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY202A

The Energy industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971.

Renewable Energy: Technologies and Global Markets

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY049F

The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.

Top Trending Reports

Next-Generation Advanced Batteries: Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - FCB062B

The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.

Global Pharmaceutical Drugs Industry: Competitive Landscape 2023

Published - May 2025 | Publisher - BCC Publishing | Code - PHM263B

This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.

Global Markets and Manufacturing Technologies for Protein Drugs

Published - Apr 2025 | Publisher - BCC Publishing | Code - BIO021G

The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.

Biologic Therapeutic Drugs: Technologies and Global Markets

Published - May 2025 | Publisher - BCC Publishing | Code - BIO079F

The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.

Global Markets for Emerging Medical Device Technologies

Published - Mar 2025 | Publisher - BCC Publishing | Code - HLC191C

The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.

Published - Nov-2022| Analyst - BCC Publishing| Code - EGY117D

Report Highlights

The global market for biorefinery products is estimated to increase from $624.7 billion in 2022 to $920.0 billion by 2027, at a compound annual growth rate (CAGR) of 8.0% from 2022 through 2027.

Report Includes

  • 124 data tables and 109 additional tables
  • A comprehensive overview and up-to-date analysis of the global markets for biorefinery products
  • Analyses of the global market trends, with market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and market forecast for biorefinery products in value and volumetric terms, and their corresponding market share analysis based on product, technology, end-use application, and geographic region
  • Highlights of the current and future market potential for two main types of biorefinery products (energetic/non-energetic), along with a detailed analysis of the competitive environment, industry outlook, and opportunities and penetration of bio-products
  • Discussion of the value chain of basic products and the structure of the biorefinery industry and its interaction with the fossil-based industry
  • A critical evaluation of the current status of commercial biorefinery markets and how recent environmental legislation and breakthroughs in technology will make the use of bio-based products competitive with established fossil-based platforms
  • Holistic review of the effects of Covid-19 pandemic and the Russia-Ukraine war on the global biorefinery industry
  • Updated information on the technology landscape of biorefinery products, conversion technologies, and number of registered patents for bioproducts (biochemicals, ethanol, biodiesel and biological materials)
  • Insight into the end-users of biorefinery products, and assessment of the product technology development, and international trade and regulations within the biorefinery industry
  • Descriptive company profiles of the market leading players, including Abengoa, ADM, Amyris, BASF, BP plc, Chevron Corp., Neste, and Petrobras
Published - Jan-2021| Analyst - BCC Publishing| Code - EGY117C

Report Highlights

The global market for biorefinery products should grow from $586.8 billion in 2020 to $867.7 billion by 2025, at compound annual growth rate (CAGR) of 8.1% for the period of 2020-2025.

Report Includes

  • 102 data tables and 81 additional tables
  • A brief overview of global market outlook for the industrial biorefinery products
  • Analyses of the global market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
  • Highlights of the current and future market potential for two main types of biorefinery products (energetic/non-energetic), along with a detailed analysis of the competitive environment, industry trends, opportunities and penetration of bio-products
  • Insights into the value chain of basic products and the structure of the biorefinery industry and its interaction with the fossil-based industry
  • A critical evaluation of the current status of commercial biorefinery markets and how recent environmental legislation and breakthroughs in technology will make the use of biobased products competitive with established fossil-based platforms
  • Quantification of the market and end-use of biorefinery products, along with the assessment of international trade in biorefinery products with five-year forecasts
  • Market share analysis of essential oils companies involved in the manufacture of biobased products
  • Impact of COVID-19 pandemic on the growth of the global biobased industry vs. the global economy
  • Company profiles of the market leading participants, including DuPont, Solazyme, Myriant Corp., Coca-Cola Co. (The) and Foster Wheeler AG
Published - Mar-2017| Analyst - Edward Gobina| Code - EGY117B

Report Highlights

The global market for bioproducts should reach $714.6 billion by 2021 from $466.6 billion in 2016 at a compound annual growth rate (CAGR) of 8.9%, from 2016 to 2021.

Report Includes

  • A complete techno-economic and environmental analysis of industrial biorefinery products
  • Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021
  • Breakdowns of product demand by division, including energetic (ethanol, biodiesel, electricity/heat), nonenergetic (chemicals, materials, herbal/botanicals); and by segment, including fuel (transport, mechanical, etc.), energy (heat, electricity), material (plastics, resins), chemical (alcohols, solvents, acids, surfactants, etc.), and herbal/botanical (drugs, body care, aroma, etc.)
  • Forecasts for biomass conversion processes and equipment to produce fuels, power, and chemicals from biomass
  • Evaluations of the prospects for biorefineries built on different "platforms," such as the "sugar platform," based on fermentation of sugars extracted from biomass feedstocks, versus the "syngas platform," based on thermochemical conversion processes
  • Detailed patent analysis and a research-and-development update
  • Profiles of major players in the industry
Published - Apr-2014| Analyst - Edward Gobina| Code - EGY117A

Report Highlights

BCC Research estimates that the global demand for bioproducts will increase at a double-digit compound annual growth rate (CAGR) of 12.6% over the next five years to reach $700.7 billion in 2018 from $387.6 billion in 2013, when it will attain a market penetration rate of 5.5% in 2018, from an estimated rate of 4.2% in 2013.

Report Includes

  • A complete techno-economic and environmental analysis of industrial biorefinery products.
  • Analyses of global market trends, with data from 2010, 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
  • Breakdown of product demand by division, including energetic (ethanol, biodiesel, electricity/heat), nonenergetic (chemicals, materials, herbal/botanicals); and by segment, including fuel (transport, mechanical, etc.), energy (heat, electricity), material (plastics, resins), chemical (alcohols, solvents, acids, surfactants, etc.), and herbal/botanical (drugs, body care, aroma, etc.).
  • Forecasts for biomass conversion processes and equipment to produce fuels, power, and chemicals from biomass.
  • Evaluations of the prospects for biorefineries built on different "platforms," such as the "sugar platform," based on fermentation of sugars extracted from biomass feedstocks, versus the "syngas platform," based on thermochemical conversion processes.
  • Detailed patent analysis and a research-and-development update.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Biorefinery Products and Applications: Global Markets
Sample Report