Biorefinery Technologies: Global Markets
The global market for biorefinery technologies will grow from $466.6 billion in 2016 to $714.6 billion by 2021, with a compound annual growth rate (CAGR) of 8.9% for the period of 2016-2021.
The biological market will grow from $245.3 billion in 2016 to $376.4 billion by 2021, rising at a CAGR of 8.9%.
The physicochemical market is expected to increase from $182.3 billion in 2016 to $274.7 billion by 2021 with a CAGR of 8.5%.