Thursday, April 17, 2014

Global bioproducts market to reach $700.7 billion by 2018

Conventional resources such as fossil fuels are becoming increasingly limited due to an unprecedented demand for commercial and residential energy. Imbalances in demand and supply has placed immense pressure on consumer prices and the environment, prompting an intense search for affordable and sustainable energy resources such as biomass and other bio-based products. Increasing R&D spending, environmental concerns and global regulatory measures, as well as rising consumer demand will drive tremendous growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global market for bioproducts through its report, Biorefinery Products: Global Markets. According to the report, this market was valued at $342.7 billion in 2012 and  $387.6 billion in 2013. BCC Research expects the market to grow to $700.7 billion by 2018, and register a five-year compound annual growth rate of 12.6% from 2013 to 2018.

RSS Feeds – Energy and Resources
 
Use this report to:
  • Gain an overview of the global market for industrial biorefinery products.
  • Analyze global market trends, with data from 2010 to 2013, and projections of CAGRs through 2018.
  • Evaluate breakdowns 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.).
  • Assess forecasts for biomass conversion processes and equipment to produce fuels, power, and chemicals from biomass.
  • Review company profiles of major players in the industry.
SAMPLE FIGURE
GLOBAL DEMAND FOR BIOPRODUCTS BY CATEGORY AND MARKET PENETRATION, THROUGH 2018
($ BILLIONS/%)

To order your copy of this report (or any of its chapters) or to download the complimentary introduction chapter, click here.

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