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Market Size and Growth

Global Biorefinery Market reached US$ 211.95 billion in 2024 and is expected to reach US$ 398.15 billion by 2032, growing with a CAGR of 8.2% during the forecast period 2025-2032.

DataM Intelligence has released its latest research, "Biorefinery Market Size 2025," providing a detailed overview of the industry. The report offers a deep dive into key market drivers, regional growth, and the competitive landscape, equipping businesses with the insights needed to navigate this dynamic sector.

Mergers and acquisition

✔ In Jan 2025, Futerro S.A. announced it secured €12 million to build a biorefinery in Normandy for producing PLA (polylactic acid), with backing from historic shareholders and a new investor, Cybelle

✔ UPM is set to start commercial production at its Leuna biorefinery-converting solid wood into bio-MEG, bio-MPG, renewable functional fillers, and industrial sugars-in the second half of 2025. The 220,000 t/yr facility experienced commissioning delays but is expected to reach full capacity with positive EBIT by 2027

✔ Eni and engineering firm Saipem signed an agreement to apply Eni's Ecofining technology in converting traditional refineries (Venice Porto Marghera and Gela in Sicily) into biorefineries producing biojet fuel and HVO diesel. They target expanding biorefining capacity from 1.65 million t/yr to 5 million t/yr by 2030

✔ Inpasa announced plans for R$3.4 billion in investments to expand its Sidrolândia plant, complete the Balsas plant, and construct a biorefinery in Luís Eduardo Magalhães, slated to begin operation in March 2025

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A biorefinery is a facility that converts biomass into fuels, power, heat, and value-added chemicals using sustainable processes. It operates like a petroleum refinery but uses renewable biological resources instead of fossil fuels.

Key players:

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as :

-> Abengoa, Cargill, Incorporated, Renewable Energy Group, Godavari Biorefineries Ltd., Wilmar International Ltd., TotalEnergies, Neste, Valero, Green Plains and Clariant AG.

Key Developments:

✔ Euglena Co., Ltd. successfully completed a scale-up demonstration of high-density microalgae cultivation in a commercial production tank, increasing culture density by roughly tenfold-advancing its joint venture capability to produce about 100,000 KL of biofuels annually.

✔ The Australian Renewable Energy Agency (ARENA) committed A$8 million to fund a feasibility study for a biorefinery at Queensland's Isis Central Sugar Mill to produce sustainable aviation fuel (SAF) from sugarcane waste; additionally, A$2.4 million was allocated for SAF storage and trial use at Brisbane Airport.

✔ Eni confirmed authorization to begin construction of its third biorefinery in Livorno, Italy, using EcofiningTM technology with a capacity of 500,000 tonnes per year; completion is expected by 2026 as part of its strategy to scale bio-refining capacity to over 5 million tonnes/year by 2030.

Market Segments:

By Type: First Generation, Second Generation, Third Generation

By Product: Energy-based, Material-based

By Technology: Industrial, Physio-Chemical, Thermochemical

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Research Process

Both primary and secondary data sources have been used in the global Biorefinery Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Biorefinery Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Chapter Outline

⏩ Market Overview: The report analyzes key drivers, challenges, and opportunities shaping the industry, providing a clear picture of the forces at play.

⏩ Market Landscape: A thorough evaluation of leading industry players, including their financial performance, key product offerings, and strategic initiatives

⏩ Companies Profiles: The global Biorefinery market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: A detailed breakdown of market trends, size, and growth projections across major regions, including North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

⏩ Market Segments: An interpretation of how various segments by end-user, application, and type contribute to the market's overall value and growth..

⏩ Market Forecast: Production Side: Expert analysis on the production and value forecasts for the market, offering a glimpse into its trajectory.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Frequently asked questions:

What is the current valuation of the Biorefinery Market?

A: In 2024, the global Biorefinery Market was valued at a US$ 211.95 billion reflecting its substantial role in the sector.

Q: What is the projected size of the Biorefinery Market by 2032?

A: Experts forecast a significant expansion, with the Biorefinery Market anticipated to reach a valuation of nearly US$ 398.15 billion by 2032, driven by ongoing demand and projects.

Q: What is the expected growth rate for the Biorefinery Market?

A: The market is poised for steady growth, with a projected Compound Annual Growth Rate (CAGR) of around CAGR of 8.2% during the forecast period. This growth is fueled by increasing global needs and investments

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