Recently, the world's largest biotechnology association, the BIO of the American Biotechnology Innovation Association, published a report on the heavy biomass industry, which covers the commercialization process, market capacity and well-known enterprises of the biomass industry, and predicts the market sales of the biomass industry in 2020. The amount will be spurred 441 billion US dollars.
According to the report, according to McKinsey data, the global biomass industry sales of 252 billion US dollars in 2012 (including biofuels and plant extracts accounted for more than half of the share), accounting for 9% of global chemical sales of 2.8 billion US dollars. In the past decade, the average annual growth rate of market sales of the biomass industry exceeded 8%; the average annual growth rate of chemicals was 4%. It is predicted that the biomass industry will account for more than 11% of the global chemical market total of $340 billion in 2020, and the global sales of the biomass industry is expected to reach between $375 billion and $441 billion. Among them, biofuels and plant extracts will continue to occupy a large share of the biomass industry; it is worth noting that biorefining polymers, biocatalysts and biopharmaceuticals will show a rapid growth trend.
In terms of policy, the development of renewable fuel standards in the United States will promote innovation in biofuel technology while promoting the combination of biofuels and other biomass materials. The 2014 Farm Bill reduces taxes on biomass raw materials, which will also benefit the biomass industry. Taxes are available on renewable materials such as biofuels around the world.
In the commercial use of the biomass industry, DuPont's plants in London and Tennessee have maintained an average annual production of 63,500 tons of 1,3-propanediol since 2006; ADM's Tennessee plant in the United States has been in business for the year since 2011. 100,000 tons of 1,2-propanediol production supply; NatureWorks' Nebraska plant has maintained an annual production capacity of 140,000 tons of PLA since 2003, and Corbion is also adding 100,000 tons of PLA per year; In the production and supply of succinic acid, Myriant produces an average of 13,000 tons per year, BioAmber produces an average of 17,000 tons per year, and BASF and Corbion add an average of 25,000 tons per year. The report also discloses the production and supply of various biomass products.
The report has extensively disclosed the information on technological innovation, product efficiency and factory operation of well-known enterprises in the biomass industry. The following is an example of DuPont.
The DuPont USA Wilmington Wilmington plant uses corn stalks as a raw material to produce 3 million gallons of cellulosic ethanol per year. In 2016, DuPont and ADM announced that they will jointly use fructose to produce furan dicarboxylic acid resin FDME, FDME high polymer PTF. In food applications, DuPont is the main profitable product of DuPontTM Danisco® and POWERFlex®, both of which are enzymes that degrade food for absorption.
According to the report, according to McKinsey data, the global biomass industry sales of 252 billion US dollars in 2012 (including biofuels and plant extracts accounted for more than half of the share), accounting for 9% of global chemical sales of 2.8 billion US dollars. In the past decade, the average annual growth rate of market sales of the biomass industry exceeded 8%; the average annual growth rate of chemicals was 4%. It is predicted that the biomass industry will account for more than 11% of the global chemical market total of $340 billion in 2020, and the global sales of the biomass industry is expected to reach between $375 billion and $441 billion. Among them, biofuels and plant extracts will continue to occupy a large share of the biomass industry; it is worth noting that biorefining polymers, biocatalysts and biopharmaceuticals will show a rapid growth trend.
In terms of policy, the development of renewable fuel standards in the United States will promote innovation in biofuel technology while promoting the combination of biofuels and other biomass materials. The 2014 Farm Bill reduces taxes on biomass raw materials, which will also benefit the biomass industry. Taxes are available on renewable materials such as biofuels around the world.
In the commercial use of the biomass industry, DuPont's plants in London and Tennessee have maintained an average annual production of 63,500 tons of 1,3-propanediol since 2006; ADM's Tennessee plant in the United States has been in business for the year since 2011. 100,000 tons of 1,2-propanediol production supply; NatureWorks' Nebraska plant has maintained an annual production capacity of 140,000 tons of PLA since 2003, and Corbion is also adding 100,000 tons of PLA per year; In the production and supply of succinic acid, Myriant produces an average of 13,000 tons per year, BioAmber produces an average of 17,000 tons per year, and BASF and Corbion add an average of 25,000 tons per year. The report also discloses the production and supply of various biomass products.
The report has extensively disclosed the information on technological innovation, product efficiency and factory operation of well-known enterprises in the biomass industry. The following is an example of DuPont.
The DuPont USA Wilmington Wilmington plant uses corn stalks as a raw material to produce 3 million gallons of cellulosic ethanol per year. In 2016, DuPont and ADM announced that they will jointly use fructose to produce furan dicarboxylic acid resin FDME, FDME high polymer PTF. In food applications, DuPont is the main profitable product of DuPontTM Danisco® and POWERFlex®, both of which are enzymes that degrade food for absorption.
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