LONDON, Oct. 14, 2014 /PRNewswire/ -- REPORT HIGHLIGHTS
BCC Research estimates that the global demand for bioproducts will increase at a double-digit compound annual growth rate (CAGR) of 12.6% over the next five years to reach $700.7 billion in 2018 from $387.6 billion in 2013, when it will attain a market penetration rate of 5.5% in 2018, from an estimated rate of 4.2% in 2013.
This report provides:
A complete techno-economic and environmental analysis of industrial biorefinery products.
Analyses of global market trends, with data from 2010, 2011 and 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
Breakdown of product demand by division, including energetic (ethanol, biodiesel, electricity/heat), nonenergetic (chemicals, materials, herbal/botanicals); and by segment, including fuel (transport, mechanical, etc.), energy (heat, electricity), material (plastics, resins), chemical (alcohols, solvents, acids, surfactants, etc.), and herbal/botanical (drugs, body care, aroma, etc.).
Forecasts for biomass conversion processes and equipment to produce fuels, power, and chemicals from biomass.
Evaluations of the prospects for biorefineries built on different "platforms," such as the "sugar platform," based on fermentation of sugars extracted from biomass feedstocks, versus the "syngas platform," based on thermochemical conversion processes.
Detailed patent analysis and a research-and-development update.
STUDY GOAL AND OBJECTIVES
BCC Research has recently completed a study on the demand for biorefinery products. The United States, the European Commission's Lead Market Initiative and numerous Asian economies aim to facilitate an early adoption of biorefinery products innovation in various markets by 2022. By removing barriers and introducing new mechanisms, including mandates to facilitate market entry, it will be possible to build early markets of sufficient scale, which will help justify costly investments, bring down unit production costs, generate higher returns on investment and reduce risks for investors and entrepreneurs.
The objectives of this BCC Research report are to:
Understand the various biorefinery products.
Understand the importance of biorefinery products and where they fit in the economy.
Appreciate biomass resource availability.
Understanding the biomass transformation process for various bio-products.
Understand the basic concepts and principles of operation of equipment used for biorefinery conversion.
Understand the value chain of basic products and the structure of the biorefinery industry and its interaction with the fossil-based industry.
Understand the typical operations and requirements for the establishment of biorefinery platforms.
Evaluate the results of geographical diversification in biorefinery products and feedstocks.
Quantify the market and end-use of biorefinery products.
Provide a critical evaluation of the current status of commercial biorefinery products markets and how recent environmental legislation and breakthroughs in technology will make the use of bio-based products competitive with established fossil-based platforms.
REASONS FOR DOING THE STUDY
Conventional resources, mainly fossil fuels, are becoming limited because of the rapid increase in energy demand. This imbalance in energy demand and supply has placed immense pressure not only on consumer prices but also on the environment, prompting mankind to look for sustainable energy resources. Biomass is one such environmentally friendly renewable resource from which various useful chemicals and fuels can be produced. A system similar to a petroleum refinery is required to produce fuels and useful chemicals from biomass and is known as a biorefinery.
INTENDED AUDIENCE
Unlike other studies dealing with this subject, this research report quantifies the two categories of energetic and non-energetic bioproducts into seven major product segments: bio-derived chemicals, biofuels, pharmaceuticals (biodrugs and herbal/botanicals), biocomposite materials, biopolymers/bioplastics, biogas and biopower. More importantly, the report examines the different drivers shaping each of these segments and discusses these differences so as to eliminate any confusion in the debate on bioproducts and help companies choose the correct strategic investment path. This biorefinery products report is therefore designed to provide the information required by anyone concerned with the development of agriculture, chemicals, pharmaceuticals, energy and fuels. These people include the following:
Technology management and personnel.
New business/development management and personnel.
Merchant project investors and developers.
Utility procurement personnel.
Green power marketers.
Generation asset owners looking to diversify their portfolios.
Energy market advisors.
New energy professionals.
Veteran energy professionals.
Attorneys and counsel to the energy industry.
Managers and directors of renewable energy.
Process engineers.
Chemical and biochemical engineers.
Agrochemicals producers.
Plant operations engineers.
Graduate engineers.
Supervisors.
Operators.
Chemists and technicians.
Soft commodity traders.
Venture capital investors.
Commodity brokers and analysts.
Biofuel producers.
Trade-commodity financiers.
Investors.
Fund managers.
Biofuels technology and equipment suppliers.
Chemical manufactures.
Commodity inspection and surveyors.
Commodity exchanges.
Electricity generating companies.
Government officials and regulators.
Industry analysts.
Agricultural and feedstock suppliers.
Energy and environmental researchers.
Vegetable oil crushers and refiners.
Fuel marketers and distributors.
Automobile manufacturers.
Project developers.
Government experts from developed and developing countries.
Technology providers.
Verifiers, certifiers and validators.
Financial intermediaries (e.g., banks, insurance companies).
Brokers and traders interested in metering.
Persons in the sensor and monitoring markets.
Law firms.
Accounting and auditing firms.
Marketing managers.
Senior petrochemical executives.
Oil and gas majors.
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