Lignocellulosic Feedstock-based Biofuel Market Size to Grow by USD 1.4 bn, Non-cropland Affecting Nature Of Lignocellulosic Feedstock to Boost Market Growth - Technavio

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The "Global Lignocellulosic Feedstock-based Biofuel Market by Conversion Process and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the lignocellulosic feedstock-based biofuel market size between 2021 and 2026 is USD 1.4 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Key Market Dynamics

• Market Driver: The non-dependent nature of lignocellulosic feedstock on cropland is driving market growth. Lignocellulosic feedstocks, such as dedicated biomass crops, can be planted on land that is not used for food production, which is an efficient way of feedstock production. The conversion of non-food crop-growing lands to woody biomass-producing lands does not impact food prices. Therefore, the non-dependence of lignocellulosic feedstock cultivation on croplands is increasing their adoption, which, in turn, is expected to propel the growth of the global lignocellulosic feedstock-based biofuel market during the forecast period.
• Market Challenge: The complex and costly conversion process is a challenge to market growth. The conversion of lignocellulose to biofuels such as bioethanol is challenging due to factors such as the recalcitrant nature of lignin to degradation and the inefficient breakdown of hemicellulose and cellulose. Other factors include the wide range of sugars released from the carbohydrate polymers and the high operating costs incurred in the transportation, storage, and collection of lignocellulosic feedstocks. The conversion process is complex and in the nascent stage. Therefore, it faces various challenges in achieving mass commercialization. In addition, high costs are incurred due to the low economies of scale for producers. These factors are hindering the adoption of biofuel production from lignocellulosic feedstocks.

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Market Segmentation

By conversion process, the market has been segmented into biochemical and thermochemical. The biochemical segment will be a significant contributor to market growth during the forecast period. The biochemical conversion process results in the production of co-products, depending on the type of feedstock and the pretreatment method used. Some of the common co-products include extractives, lignin, and unhydrolyzed cellulose. The growth will be driven by the rising use of bioethanol as a transport fuel and its increasing demand. Such factors will drive the growth of the biochemical segment during the forecast period.

By geography, the market has been segmented into North America, South America, Europe, APAC, and Middle East and Africa. North America will be the leading region with 29% of the market's growth during the forecast period. The US and Canada are the key countries for the lignocellulosic feedstock-based biofuel market in North America. However, market growth in this region will be slower than the growth of the market in other regions.

Find additional insights into the contribution of all the segments and regional opportunities in the report. Buy Now for detailed segment information

Some Companies Mentioned

• Abengoa SA
• Aemetis Inc.
• BDI BioEnergy International GmbH
• Borregaard ASA
• Caterpillar Inc.
• China Petrochemical Corp.
• Clariant AG
• ENERKEM Inc.
• ETIP B SABS
• Genera Inc.
• Gevo Inc.
• GranBio Investimentos SA
• International Flavors and Fragrances Inc.
• Intertek Group Plc
• Iogen Corp.
• Neste Corp.
• New Energy Blue LLC
• Novozymes AS
• Thermo Fisher Scientific Inc.
• Vance Group Ltd.

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Key Topics Covered

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Conversion Process
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Conversion Process

• 5.1 Market segments 
• Exhibit 24: Chart on Conversion Process - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Conversion Process - Market share 2021-2026 (%)

• 5.2 Comparison by Conversion Process 
• Exhibit 26: Chart on Comparison by Conversion Process
• Exhibit 27: Data Table on Comparison by Conversion Process

• 5.3 Biochemical - Market size and forecast 2021-2026
• Exhibit 28: Chart on Biochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Biochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Biochemical - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Biochemical - Year-over-year growth 2021-2026 (%)

• 5.4 Thermochemical - Market size and forecast 2021-2026
• Exhibit 32: Chart on Thermochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Thermochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Thermochemical - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Thermochemical - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Conversion Process
• Exhibit 36: Market opportunity by Conversion Process ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 South America - Market size and forecast 2021-2026
• Exhibit 46: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026 
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 Brazil - Market size and forecast 2021-2026
• Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)

• 7.13 Mexico - Market size and forecast 2021-2026
• Exhibit 82: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Mexico - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Abengoa SA 
• Exhibit 93: Abengoa SA - Overview
• Exhibit 94: Abengoa SA - Product / Service
• Exhibit 95: Abengoa SA - Key news
• Exhibit 96: Abengoa SA - Key offerings

• 10.4 Aemetis Inc. 
• Exhibit 97: Aemetis Inc. - Overview
• Exhibit 98: Aemetis Inc. - Business segments
• Exhibit 99: Aemetis Inc. - Key offerings
• Exhibit 100: Aemetis Inc. - Segment focus

• 10.5 Borregaard ASA 
• Exhibit 101: Borregaard ASA - Overview
• Exhibit 102: Borregaard ASA - Business segments
• Exhibit 103: Borregaard ASA - Key offerings
• Exhibit 104: Borregaard ASA - Segment focus

• 10.6 China Petrochemical Corp. 
• Exhibit 105: China Petrochemical Corp. - Overview
• Exhibit 106: China Petrochemical Corp. - Business segments
• Exhibit 107: China Petrochemical Corp. - Key offerings
• Exhibit 108: China Petrochemical Corp. - Segment focus

• 10.7 Clariant AG 
• Exhibit 109: Clariant AG - Overview
• Exhibit 110: Clariant AG - Business segments
• Exhibit 111: Clariant AG - Key news
• Exhibit 112: Clariant AG - Key offerings
• Exhibit 113: Clariant AG - Segment focus

• 10.8 Gevo Inc. 
• Exhibit 114: Gevo Inc. - Overview
• Exhibit 115: Gevo Inc. - Business segments
• Exhibit 116: Gevo Inc. - Key offerings
• Exhibit 117: Gevo Inc. - Segment focus

• 10.9 GranBio Investimentos SA 
• Exhibit 118: GranBio Investimentos SA - Overview
• Exhibit 119: GranBio Investimentos SA - Product / Service
• Exhibit 120: GranBio Investimentos SA - Key offerings

• 10.10 International Flavors and Fragrances Inc.
• Exhibit 121: International Flavors and Fragrances Inc. - Overview
• Exhibit 122: International Flavors and Fragrances Inc. - Business segments
• Exhibit 123: International Flavors and Fragrances Inc. - Key offerings
• Exhibit 124: International Flavors and Fragrances Inc. - Segment focus

• 10.11 Neste Corp. 
• Exhibit 125: Neste Corp. - Overview
• Exhibit 126: Neste Corp. - Business segments
• Exhibit 127: Neste Corp. - Key news
• Exhibit 128: Neste Corp. - Key offerings
• Exhibit 129: Neste Corp. - Segment focus

• 10.12 New Energy Blue LLC 
• Exhibit 130: New Energy Blue LLC - Overview
• Exhibit 131: New Energy Blue LLC - Product / Service
• Exhibit 132: New Energy Blue LLC - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 133: Inclusions checklist
• Exhibit 134: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 135: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 136: Research methodology
• Exhibit 137: Validation techniques employed for market sizing
• Exhibit 138: Information sources

• 11.5 List of abbreviations 
• Exhibit 139: List of abbreviations

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