Biomass Conversion and Biorefinery Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Energy and Power | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC546

Introduction

Biomass is synthesized by the process of photosynthesis that converts atmospheric carbon dioxide to sugar. A biorefinery is an essential upstream, midstream, and downstream processing of biomass into a variety of products. The market for biomass conversion and biorefinery has witnessed significant growth due to rising demand from various applications such as biofuels and energy from feedstock. The major factors driving the growth of market include growing awareness of environmental issues associated with fossil fuel consumption and increasing energy demand, globally.

Market Dynamics

The increase in demand for production and use of a spectrum of bio-based products and bioenergy that provides significant contribution to sustainable development, generating added value to sustainable biomass use and producing a range of bio-based products across end-use industries have led to the growth of biomass conversion and biorefinery market globally. However, growing opportunities across Asia-Pacific market; as well as growing food & beverage and agriculture industry are the major opportunity areas for the market players. The major challenges posing threat to the market growth include degree of complexity with the use of multiple feedstock as per the application need, limited availability of biomass, and technological and economic risks.

Market Classification and Overview

The biomass conversion and biorefinery market is bifurcated on the basis of type, technology, application, end use industry, and geography. The different types of biomass conversion and biorefinery include lignocellulose refining, whole grain refining and green refining among others. Lignocellulose refining is the largest and most mature markets as it caters to almost every type of application. Green refining is the fastest growing market owing to its ability to produce zero-waste and zero-emission extraction of valuable feedstock into biomass. Based on technology, the market is segmented into conventional biorefinery and advanced biorefinery among others. The conventional biorefinery is the largest and mature form of technology used in the industry, whereas the advanced refining technology has niche application use as it is still in the R&D phase. Based on application, the market is segmented into biofuels, energy from feedstock, and non-food energy crops among others. Biofuels is the largest application segment due to the growing need for diesel and petrol substitutes from the transportation industry. Non-food energy crops is the fastest growing application owing to the increasing demand of better alternatives to corn and soybeans as biofuels feedstocks and as bio-intermediate oil that can be blended with petroleum. Based on end use industry, the market is further segmented into transportation, food & beverage, agriculture, industrial, pharmaceuticals and others. Transportation accounts for majority of the global consumption of biofuels produced by biomass conversion and biorefinery and led the global biomass conversion and biorefinery market followed by food & beverage and agriculture segments. Food & beverage is the fastest growing market owing to the increase in demand for conversion of organic waste such as wastewater and solid wastes generated by food processing industries into bulk chemicals and clean energy.

Regional Overview

The market for biomass conversion and biorefinery is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America was the major contributor to the global biomass conversion and biorefinery market in 2015. Europe was the second biggest market followed by Asia-Pacific. The market for biomass conversion and biorefinery in Asia-Pacific is further projected to witness highest growth in coming years owing to the growing adoption of renewable source of fuel production and fast growth of automotive and agriculture industries in the region. The North American market for biomass conversion and biorefinery is likely to grow at a significant rate as it has developed industrial processing and is known to be the largest producer of biomass conversion and biorefinery globally.

Report Coverage

Market

Biomass Conversion And Biorefinery Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Type, Technology, Application, End-Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Svensk Etanolkemi AB (SEKAB), Abengoa Bioenergy Corporation LLC (American Process Inc.), Pacific Ethanol, Neste Corporation, Honeywell UOP, Valero Energy Corp, American Process Inc., UPM Biofuels, and Renewable Energy Group, Inc. are some of the key players operating in the global biomass conversion and biorefinery market.

Market Segmentation

Market By Type

·         Lignocellulose Refining

·         Whole Grain Refining

·         Green Refining

·         Others

Market By Technology

·         Conventional Biorefinery

·         Advanced Biorefinery

·         Others

Market By Application

·         Biofuels

·         Energy from Feedstock

·         Non-food Energy Crops

·         Others

Market By End-Use Industry

·         Transportation

·         Food & Beverage

·         Agriculture

·         Industrial

·         Pharmaceuticals

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Hydraulic Turbine Market (By Type: Reaction Turbin [Francis Turbine, Kaplan Turbine, Bulb Turbine], Impulse Turbine [Cross Flow Turbine, Pelton Turbine]; By Installation Site: Large Hydro Plants, Mini Hydro Plants, Micro Hydro Plants, Pico Hydro Plants; By Head Type: High, Medium, Low) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Hydraulic Turbine market is expected to grow at noteworthy CAGR around 4.5 % throughout the forecast period and reach around US$ 2.9 billion by 2026. Hydro turbine is the electro-mechanical power generating equipment used for hydropower generation projects. Hyd

Building-Integrated Photovoltaics Market (By Technology: Thin Film, C-Si, Others; By Application: Roofs, Glass, Façade, Walls, Others; By End Use: Industrial, Commercial, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Building-Integrated Photovoltaics market is expected to grow at noteworthy CAGR around 17.8 % throughout the forecast period and reach around US$ 32.5 billion by 2026. A photovoltaic integrated system (PVI) is an essential element of the construction skin that

Oil Pipeline Infrastructure Market (By Product: Petroleum Product, Crude Oil; By Application: Offshore, Onshore; By Operation: Gathering, Transmission; By Diameter: > 24 Inch, ? 8 Inch, >8-24 Inch) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Oil Pipeline Infrastructure market is expected to grow at noteworthy CAGR throughout the forecast period and reach cumulative installation around 1 million Km by 2026. The infrastructure for the oil pipeline helps to transport gas via the pipeline system to a c

Marine Mining Market (By Technology: Marine Seismic Methods, Remotely Operated Vehicles (ROVs), SONAR; By Application: Automotive, Construction, Electronics, Precious Metals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Marine mining is otherwise called remote ocean mining is alluded to as mineral recovery process that happens on the marine floor. Marine mining is a moderately new mineral recovery process that occurs in the sea. In addition, sea mining destinations are ordinarily around extensive regions of polymetallic knobs or dynamic and wiped out aqueous vents at 1,400 to 3,700 m

Solid State Transformer Market (By Product: Distribution SST, Traction SST, Power SST; By Component: Converters, Switches, High-frequency Transformers, Others; By Application: Alternative Power Generation, Traction Locomotives, Power Distribution, Electric Vehicle Charging, Others (UPQC, etc.)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Solid state transformer (SST), on the other hand, known as "smart transformer," is an amalgamation of powerful semiconductor segments, control hardware, and customary high-recurrence transformers. The savvy transformers are utilized to give extra adaptability to control power conveyance systems, along these lines encouraging the smooth change of AC to DC and DC to AC,

Hydro Turbine Market (By Type: Reaction Turbine [Kaplan Turbine, Bulb Turbine, Francis Turbine], Impulse Turbine [Cross Flow Turbine, Pelton Turbine]; By Installation Type: Large Hydro Plants (more than 500 kw), Mini Hydro Plants (100 kw – 500 kw), Micro Hydro Plants (5 kw – 100 kw), Pico Hydro Plants (0 kw – 5 kw); By Head Type: High Head (300 m to 1500 m), Medium Head (30 m to 300 m), Low Head (Less than 30 m)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction Hydro turbine is the electro-mechanical device used to generate electricity in hydropower generation projects. Hydro turbines transfer power to a rotating electricity generation shaft from moving water. The turbines rotate or turn as a reaction to the water in their blades. In the area of hydro power (the water power generation process), hydro turbines are essential. T

Cart Summary