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Global Biorefinery Products Market by Type (Biochemical, Thermochemical), By Application (Bulk chemicals, Biomaterial, Biofuel, Pharmaceuticals and food additives) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-396
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 79
  • No. Of Pages: 219
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  • Pub. Date: 2021-03-01
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The Global Biorefinery Products Market size is projected to grow at a CAGR of 8.7% during the forecast period 2021-2028. As of 2018, the global biorefinery products market was worth $14 billion USD and it is projected to reach a value of $27 billion by 2028. Increasing demand for renewable energy and reducing reliance on fossil fuels has led to an increase in the production of biofuels and bioenergy which further increases the demand for biorefinery products such as biodiesel, ethanol, and hydrogen fuel cells. The increasing population growth coupled with rising disposable income levels across the Asia Pacific region is expected to have a positive impact on the global biorefinery product market size over the next few years.


Biorefinery Products are a group of chemicals and bio-products which are manufactured from biomass. Biorefinery products are renewable sources for the production of bulk chemicals, pharmaceuticals, food additives, and other goods. Biomass can be used as raw material to produce biochemicals such as ethanol through a process called biochemical conversion or it could also be transformed into fuel by thermochemical processes like gasification or pyrolysis.

Biorefinery products are the forthcoming commodity in the global chemical industry and will contribute to a significant portion of the total revenue generated by this market. Biochemicals, biofuels, and other biomass-derived chemicals such as pharmaceuticals food additives, etc., are used for industrial production.


On the basis of Type, the market is segmented into Biochemical and Thermochemical. The biochemical segment is anticipated to dominate the global market by 2028 owing to its low-level fuel cost and easy availability.



Biochemicals can be produced from the process of agricultural, animal, or forestry products. Biochemicals are typically used for food additives which means they have been proven to add nutritional value and flavor to the end product, but not in a nutrient way.

Biochemicals may also go through chemical reactions without heat while retaining their original form, this process is called "cold processing". For example, citric acid (CIT) undergoes cold-processing by reacting with potassium salt (KCI), water (H20), and sugar cane juice to produce CIT crystals. These crystals are then dried into powder form before being dissolved in deionized water again prior to consumption as an ingredient at various levels depending on its usage. Biochemicals can also be found in other products like pharmaceuticals, water treatment chemicals, detergents, and cosmetics as well.



The Thermochemical segment is a product of gasification, pyrolysis, and others. This process involves using heat or catalytic reaction under high temperatures with pressure (typically greater than 100 degrees Celsius) which results in chemical conversion into different product forms that could not otherwise have been obtained through biochemical processes alone. The chemical products that are produced through thermochemical processes include ammonia, methanol, and hydrogen.


On the basis of Application, the market is segmented into Bulk Chemicals, Biomaterials, Biofuel, and Pharmaceuticals & Food Additives.


Bulk Chemicals:

The Bulk chemicals segment is the largest application for biorefineries worldwide because it has high demand from various industries such as paints and coatings, plastics production, and textiles. This type of product contains a range of different substances including monomers like styrene which can be used to produce polystyrene or acrylonitrile that could be responsible for making nitrile rubber.



Biomaterials used in orthopedics surgery procedures include platelets which can be derived from animal blood donation with less chance of infection (in comparison with using cells harvested from bone marrow). Bio-based plastics are used in the manufacturing of self-healing materials. Biomaterials are materials such as plastics, metals, or ceramics that can be used in medical treatments to replace damaged tissues and bones due to injury or disease. This growing industry will lead to increased use of biorefinery products in manufacturing biomaterials which provides a lucrative opportunity for manufacturers supplying bioethanol feedstock from different sources like corn, sugarcane, etc., In addition to providing an alternative source for biodiesel production by converting biomass into liquid fuels such as diesel.



Biofuel is a renewable fuel that is produced from biomass. Biofuel can be categorized as either first-generation biofuels or second-and third-generation biofuels. First and Second Generation (Bioethanol; Biogas) are the most common types of fuels used in today’s cars and truck engines while Third Generation fuels do not exist yet commercially but are still being developed for use in transportation.


On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North American market is expected to dominate the global market in terms of revenue, owing to its large production capacity and high consumption rate. The Asia Pacific market is expected to grow at the fastest CAGR due to its large production base for biomass-based products. In terms of volume, Latin America will witness high demand for biorefinery products because of environmental and economic issues.


Growth Factors For The Global Biorefinery Products Market:

The market is driven by a growing need for sustainable fuel, which has given rise to biofuel demand, and the consequent increase in production of other renewable energy sources like electricity through thermochemical processes. Growth in customer awareness about environmental sustainability also aids growth as consumer preferences shift from traditional fossil fuels to cleaner options such as renewables. Technological developments will result in improved product efficacy over time, and emerging economies with vast biomass resources are expected to drive future industry expansion on account of their relatively low-cost raw materials.


Industry Challenges:

High production costs and the lack of efficient methods to collect biomass are some challenges faced by this industry. The value chain is also fragmented, with many small players in all segments, which makes it difficult for market participants to enjoy economies of scale benefits. Regulatory uncertainties regarding the mandatory use of biofuel as a fuel source limit opportunities for growth in certain markets such as Europe and North America.


Up Market Research published a new report titled “Biorefinery Products Market research report which is segmented by Types (Biochemical, Thermochemical), By Applications (Bulk chemicals, Biomaterial, Biofuel, Pharmaceuticals and food additives), By Players/Companies Abengoa Bioenergy Corp, Pacific Ethanol, Neste Oil OYJ, Renewable Energy Group, UOP LLC, Valero Energy Corp”. 


Report Scope

Report Attributes Report Details
Report Title Biorefinery Products Market Research Report
By Type Biochemical, Thermochemical
By Application Bulk chemicals, Biomaterial, Biofuel, Pharmaceuticals and food additives
By Companies Abengoa Bioenergy Corp, Pacific Ethanol, Neste Oil OYJ, Renewable Energy Group, UOP LLC, Valero Energy Corp
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 219
Number of Tables & Figures 154
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Biorefinery Products Industry Outlook

Global Biorefinery Products Market Report Segments:

The market is segmented by Type Biochemical, Thermochemical and By Application Bulk chemicals, Biomaterial, Biofuel, Pharmaceuticals and food additives.


Some of the companies that are profiled in this report are:

  1. Abengoa Bioenergy Corp
  2. Pacific Ethanol
  3. Neste Oil OYJ
  4. Renewable Energy Group
  5. UOP LLC
  6. Valero Energy Corp

Biorefinery Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Biorefinery Products Market

Overview of the regional outlook of the Biorefinery Products Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Biorefinery Products Market Overview

Highlights of The Biorefinery Products Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Biorefinery Products Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Biochemical

                2. Thermochemical

       7. By Application:

                1. Bulk chemicals

                2. Biomaterial

                3. Biofuel

                4. Pharmaceuticals and food additives

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Biorefinery Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Biorefinery Products Market Statistics

Reasons to Purchase the Biorefinery Products Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biorefinery Products Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Biorefinery Products Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Biorefinery Products Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Biorefinery Products Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Biorefinery Products Market Size & Forecast, 2018-2028 
      4.5.1 Biorefinery Products Market Size and Y-o-Y Growth 
      4.5.2 Biorefinery Products Market Absolute $ Opportunity 

Chapter 5 Global Biorefinery Products Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Biorefinery Products Market Size Forecast by Type
      5.2.1 Biochemical
      5.2.2 Thermochemical
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Biorefinery Products Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Biorefinery Products Market Size Forecast by Applications
      6.2.1 Bulk chemicals
      6.2.2 Biomaterial
      6.2.3 Biofuel
      6.2.4 Pharmaceuticals and food additives
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Biorefinery Products Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Biorefinery Products Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Biorefinery Products Analysis and Forecast
   9.1 Introduction
   9.2 North America Biorefinery Products Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Biorefinery Products Market Size Forecast by Type
      9.6.1 Biochemical
      9.6.2 Thermochemical
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Biorefinery Products Market Size Forecast by Applications
      9.10.1 Bulk chemicals
      9.10.2 Biomaterial
      9.10.3 Biofuel
      9.10.4 Pharmaceuticals and food additives
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Biorefinery Products Analysis and Forecast
   10.1 Introduction
   10.2 Europe Biorefinery Products Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Biorefinery Products Market Size Forecast by Type
      10.6.1 Biochemical
      10.6.2 Thermochemical
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Biorefinery Products Market Size Forecast by Applications
      10.10.1 Bulk chemicals
      10.10.2 Biomaterial
      10.10.3 Biofuel
      10.10.4 Pharmaceuticals and food additives
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Biorefinery Products Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Biorefinery Products Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Biorefinery Products Market Size Forecast by Type
      11.6.1 Biochemical
      11.6.2 Thermochemical
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Biorefinery Products Market Size Forecast by Applications
      11.10.1 Bulk chemicals
      11.10.2 Biomaterial
      11.10.3 Biofuel
      11.10.4 Pharmaceuticals and food additives
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Biorefinery Products Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Biorefinery Products Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Biorefinery Products Market Size Forecast by Type
      12.6.1 Biochemical
      12.6.2 Thermochemical
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Biorefinery Products Market Size Forecast by Applications
      12.10.1 Bulk chemicals
      12.10.2 Biomaterial
      12.10.3 Biofuel
      12.10.4 Pharmaceuticals and food additives
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Biorefinery Products Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Biorefinery Products Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Biorefinery Products Market Size Forecast by Type
      13.6.1 Biochemical
      13.6.2 Thermochemical
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Biorefinery Products Market Size Forecast by Applications
      13.10.1 Bulk chemicals
      13.10.2 Biomaterial
      13.10.3 Biofuel
      13.10.4 Pharmaceuticals and food additives
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Biorefinery Products Market: Competitive Dashboard
   14.2 Global Biorefinery Products Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Abengoa Bioenergy Corp
      14.3.2 Pacific Ethanol
      14.3.3 Neste Oil OYJ
      14.3.4 Renewable Energy Group
      14.3.5 UOP LLC
      14.3.6 Valero Energy Corp
Segments Covered in the Report
The global Biorefinery Products market has been segmented based on

By Types
  • Biochemical
  • Thermochemical
By Applications
  • Bulk chemicals
  • Biomaterial
  • Biofuel
  • Pharmaceuticals and food additives
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Abengoa Bioenergy Corp
  • Pacific Ethanol
  • Neste Oil OYJ
  • Renewable Energy Group
  • Valero Energy Corp

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