Report Code: A09286 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Biorefinery Products Market
Request Now !Biorefinery facilitates conversion process, through which it produces power by converting biomass. Biorefinery concept process a number of components with heat processing and electricity generation. These products are further used to produce adhesives, fibers, bio-detergents, enzymes, and polymers. The major factors related to the growth of biorefineries are awareness related to usage of bio-fuels, easy availability of cheap raw material, and volatility in fuel prices. Biorefinery products are classified into two types, energetic products and non-energetic products. Energetic product type includes ethanol, electricity, and biodiesel whereas non-energetic product type includes resins, alcohol, and plastic.Â
COVID-19 scenario analysis:
The driving factors of the biorefinery products market are increased concerns related to the environment, accessibility of cheap raw material, and fluctuating fossil fuel prices. These contribute to the growth of the biorefinery market. The only factors hindering its growth are huge initial cost and a few supplier and buyers available.Â
Key benefits of the report:
Biorefinery Products Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Archer Midland Company, Du Pont DE Nemours, DSM NV, Pacific Ethanol, Abengoa Bioenergy Corp, Green Plains Renewable Energy, Sinopec, Valero Marketing And Supply Company, LLC, Neste Oil OYJ, Dominion Energy, Bayer Material Science LLC, Archers Daniels Midland Company |
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