Asia Pacific Biorefinery Market Size, Share, and COVID-19 Impact Analysis, By Feedstock (Starch & Sugar Crop, Energy Crops, Organic & Agricultural Residues, Multifeedstock, and Others), By Process (Biochemical Processes, Chemical Processes, Mechanical/Physical Processes, Thermochemical Processes, and Multiprocess), By Product (Energy, Chemicals, Materials, and Others), and Asia Pacific Biorefinery Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Biorefinery Market Insights Forecasts to 2035

• The Asia Pacific Biorefinery Market Size was estimated at USD 24.8 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.49% from 2025 to 2035
• The Asia Pacific Biorefinery Market Size is Expected to Reach USD 54.9 Billion by 2035

The Asia Pacific Biorefinery Market Size is anticipated to Reach USD 54.9 Billion by 2035, Growing at a CAGR of 7.49% from 2025 to 2035. The growing demand for biofuels, with the surging government initiatives, is responsible for driving the biorefinery market in the Asia Pacific region.

Market Overview

The Asia Pacific Biorefinery Market Size is an industry that emphasizes the conversion of biomass (including plants, algae, and agricultural/forestry residue) into a variety of bio-based products and bioenergy. Biorefineries a system that converts biomass feedstock into value-added biochemicals and biofuels while minimizing waste generation and greenhouse gas emissions. They contribute to the circular economy goals by minimizing waste and maximizing resource usage. An increasing energy demand, with an upsurging need for sustainable solutions for combating climate change, is primarily driving the biorefinery market. Further, emphasis on biomass-derived products in the agriculture and transportation industries is also contributing to the biorefinery market. Development of advanced biofuels provides an innovative means of attaining a sustainable energy solution, which is escalating the growth opportunity in the biorefinery market.

Report Coverage

This research report categorizes the market for the Asia Pacific biorefinery market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific biorefinery market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific biorefinery market.

Driving Factors

The increasing demand for biofuels due to renewability and sustainability over fossil fuels is anticipated to drive the market demand. Biofuel development possesses potential for addressing issues related to energy and food security, climate change, and rural development. The Asia Pacific biofuels production market is forecast to reach over 27 billion US dollars in value in the year 2024, which would be an increase of around 1.5 billion US dollars compared to the previous year. Further, government initiatives for promoting biofuels are contributing to supporting the market growth.

Restraining Factors

The lack of a regulatory framework for bioenergy and biorefinery, as well as the increasing establishment costs, are negatively impacting the biorefinery market. Further, the lack of process efficiency and product consistency is restraining the market.

Market Segmentation

The Asia Pacific biorefinery market share is classified into feedstock, process, and product.

• The starch & sugar crop segment held a dominant market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific biorefinery market is segmented by feedstock into starch & sugar crop, energy crops, organic & agricultural residues, multifeedstock, and others. Among these, the starch & sugar crop segment held a dominant market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Starch crops (including sugar cane, sugar beet, sweet sorghum) and sugar crops (including cereal grains and roots, and tubers) are the major feedstock for the first generation of biorefinery. Integrated sugar with starch crops significantly aids in improving the overall process economies and commercialization.

• The biochemical processes segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific biorefinery market is segmented by process into biochemical processes, chemical processes, mechanical/physical processes, thermochemical processes, and multiprocess. Among these, the biochemical processes segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Biochemical processes involve lower temperatures and lower reaction rates, with high selectivity for products. Including the fermentation process, it is found to be most commonly used in biorefineries.

•  The energy segment dominated the market with a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific biorefinery market is segmented by product into energy, chemicals, materials, and others. Among these, the energy segment dominated the market with a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The energy product of biorefinery is produced from the conversion of biomass in biorefineries, which aids in processing various feedstocks into biofuels and bioenergy as a valuable product.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific biorefinery market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Borregaard
• CARGILL
• Clariant
• Godavari Biorefineries
• Green Plains
• Neste Oyj
• Renewable Energy Group
• SEKAB
• Total Energies
• Valero
• Versalis
• Vivergo Fuels
• Wilmar International
• Others

Recent Developments:

• In September 2023, Oil India planned to invest Rs. 8000 crore in ethanol. The state-run Maharatna would invest the money in the 2G (second generation) ethanol space.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Biorefinery Market based on the below-mentioned segments:

Asia Pacific Biorefinery Market, By Feedstock

• Starch & Sugar Crop
• Energy Crops
• Organic & Agricultural Residues
• Multifeedstock
• Others

Asia Pacific Biorefinery Market, By Process

• Biochemical Processes
• Chemical Processes
• Mechanical/Physical Processes
• Thermochemical Processes
• Multiprocess

Asia Pacific Biorefinery Market, By Product

• Energy
• Chemicals
• Materials
• Others