Global Bio-refinery Technologies Market Overview:
A bio-refinery integrates or combines a number of biomass conversion methods to create a variety of goods and materials, including food, feed, chemicals, materials, oil, gas, heat, and/or electricity. The idea is comparable to an ordinary oil refinery, where various fuels and petroleum products are created. Demand for sustainable sources of energy, and the implementation of stringent environmental regulations are the factors contributing to the growth of the market.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Bio-refinery Technologies Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Demand for Sustainable Sources of Energy
- Implementation of Stringent Environmental Regulations
|
Restraints | - High Initial Capital Investment
- Uncertain Global Economic Conditions
|
Road Blocks / Challenges | - Unexpected Plunge in Crude Oil and Natural Gas Prices
|
Gaps & Opportunities | - Technological Integration of Thermochemical and Biochemical Conversion Technologies
- Development of More Efficient Enzymes and Microbial Cell Factories
|
Competitive Landscape:
Global bio-refinery technologies is a fragmented market due to the presence of various players. The players are focusing on more in cost-effective and efficient processing and logistics of the biomass feedstock. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Abengoa Bioenergia (United States), Amgen (United States), Amylin Pharmaceuticals (United States), Baxter International (United States), Beta Renewables (Italy), Biogasol (Denmark), Biogen Idec (United States), Blue Sugars Corporation (Brazil), Borregaard (Norway), Bp Biofuels (United Kingdom), Celgene (United States) and Cephalon, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Clarient (Switzerland), Dupont (United States), Fiberight (United States), Genentech (United States) and Gilead Sciences (United States). Considering Market by Technology, the sub-segment i.e. Bio-composite will boost the Bio-refinery Technologies market. Considering Market by Industry Vertical, the sub-segment i.e. Chemical will boost the Bio-refinery Technologies market. Considering Market by Material, the sub-segment i.e. Fibres will boost the Bio-refinery Technologies market. Considering Market by Feedstock, the sub-segment i.e. Green Bio-refineries will boost the Bio-refinery Technologies market.
Latest Market Insights:
In December 2021, Baxter International Inc., a global Medtech leader, acquired Hillrom. Baxter paid USD 12.5 billion enterprise value to Hillrom that including Hillrom's outstanding debt obligations
In January 2022, Abengoa SA announced the completion of construction of three solar fields of 200 MW each at the world's largest solar complex in Dubai. The company offers bio-refineries to convert raw materials such as urban waste, wood, agriculture, livestock, agro-food, and industrial waste into bioenergy, biofuel, heat, cold, and electricity.
What Can be Explored with the Bio-refinery Technologies Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bio-refinery Technologies Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bio-refinery Technologies
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bio-refinery Technologies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bio-refinery Technologies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bio-refinery technology Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.