The global Biomass Conversion Technology market size is predicted to grow from US$ 9641 million in 2025 to US$ 19000 million in 2032; it is expected to grow at a CAGR of 10.4% from 2026 to 2032.

Biomass conversion technology refers to the technology of converting biomass raw materials (including plant materials, agricultural and forestry waste, organic waste, etc.) into energy, fuels, chemicals, or materials through physical, chemical, biological, or thermochemical methods. Its core objective is to utilize renewable organic carbon resources to replace fossil resources and achieve sustainable energy and product production. The upstream of biomass conversion technology is the raw material supply and pretreatment end, including the planting, collection, sorting, and pretreatment (crushing, drying) of sustainable biomass (such as energy crops, agricultural and forestry waste, and urban organic waste). The midstream is the core conversion plant, which uses biochemical, thermochemical, or physicochemical processes to convert raw materials into primary energy products (such as biogas, bio-oil, syngas, and fuel ethanol). Downstream demand mainly stems from fuel substitution driven by energy security policies, cleaner industrial energy under emission reduction pressures, and the resource utilization of waste driven by circular economy goals. The entire industrial chain is driven by climate policies, energy prices, and waste management regulations, aiming to convert low-value biomass into high-value energy and products. In 2024, the average selling price of biomass conversion technology was approximately US$300-US$2000 per ton, with a gross profit margin of approximately 40%.

United States market for Biomass Conversion Technology is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Biomass Conversion Technology is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Biomass Conversion Technology is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Biomass Conversion Technology players cover Shell, ADM, Neste, GranBio, Beta Renewables, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

LPI (LP Information) newest research report, the ?Biomass Conversion Technology Industry Forecast? looks at past sales and reviews total world Biomass Conversion Technology sales in 2025, providing a comprehensive analysis by region and market sector of projected Biomass Conversion Technology sales for 2026 through 2032. With Biomass Conversion Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Conversion Technology industry.

This Insight Report provides a comprehensive analysis of the global Biomass Conversion Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Biomass Conversion Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Biomass Conversion Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Conversion Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Conversion Technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Conversion Technology market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Biochemical Transformation
    Physicochemical Transformation
    Mechanical Transformation
    Thermochemical Transformation
    Segmentation by Life Cycle Carbon Impact:
    Carbon Neutral
    Deeply Low Carbon
    Carbon Negative

Segmentation by Application:

    Energy
    Transportation
    Chemicals
    Agriculture
    Other

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    Shell
    ADM
    Neste
    GranBio
    Beta Renewables
    Clariant
    Eni
    BP
    Fulcrum BioEnergy
    UPM
    Haldor Topsoe
    INEOS Bio
    Enerkem
    Harris Group
    Gevo