Biorefinery Market Size
Market Size in USD Bn
CAGR9.7%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 9.7% |
| Market Concentration | High |
| Major Players | Neste Oyj, UPM Global, BP PLC, Renewable Energy Group, Godavari Biorefineries Ltd. and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Biorefinery Market Analysis
The biorefinery market is estimated to be valued at USD 177.32 Bn in 2025 and is expected to reach USD 339.00 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.7% from 2025 to 2032. The biorefinery market is expected to witness strong growth with rising environmental concerns and national drive toward reducing carbon footprint.