The Global Lignocellulosic Biomass Market was valued at USD 28.9 Billion in 2025 and is projected to reach USD 47.3 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2025–2032). This robust growth is fueled by the urgent global push for renewable energy, supportive government policies promoting biofuels, and technological advancements in converting non-food biomass into valuable fuels and chemicals.

As the world pivots towards a sustainable, circular bioeconomy, the focus intensifies on the key players who are transforming agricultural residues, wood waste, and energy crops into next-generation resources. In this blog, we profile the Top 10 Companies in the Lignocellulosic Biomass Industry—a powerful consortium of chemical giants, biotechnology innovators, and dedicated biorefining pioneers shaping the future of sustainable materials and energy.

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🔟 1. LyondellBasell

Headquarters: Rotterdam, Netherlands
Key Offering: Bio-based plastics, Advanced Biofuels, Chemical Intermediates

LyondellBasell is a global leader in plastics, chemicals, and refining, now actively expanding its portfolio into bio-based solutions derived from lignocellulosic feedstocks. The company leverages its vast expertise in chemical processing to develop sustainable alternatives to conventional plastics and fuels, focusing on creating a circular economy.

Sustainability Initiatives:

• Investment in advanced recycling and bio-based production technologies

• Partnerships to scale up production of bio-based polyethylene and polypropylene

• Commitment to producing and marketing 2 million tons of recycled and renewable-based polymers annually by 2030

Download FREE Sample Report: Lignocellulosic Biomass Market – View in Detailed Research Report

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9️⃣ 2. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Bio-based Performance Materials, renewable ethylene derivatives

The Dow Chemical Company is at the forefront of integrating lignocellulosic biomass into its materials science platform. Dow is developing sustainable chemical building blocks from non-food biomass to create a wide range of products, from packaging materials to industrial chemicals, reducing reliance on fossil fuels.

Sustainability Initiatives:

• Development of bio-based routes for key chemical intermediates

• Collaborations with agricultural partners for sustainable feedstock sourcing

• Target to transform waste and alternative feedstocks into 3 million metric tons of circular and renewable solutions annually by 2030

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8️⃣ 3. Novozymes

Headquarters: Bagsværd, Denmark
Key Offering: Enzymatic solutions for biomass conversion, Cellic® enzyme blends

Novozymes is a critical enabler in the lignocellulosic biomass value chain, providing the advanced enzymatic technologies essential for efficiently breaking down tough plant materials into fermentable sugars. Their proprietary enzymes are used worldwide in the production of second-generation biofuels and biochemicals.

Sustainability Initiatives:

• Pioneering high-efficiency enzymes that reduce the cost and energy of biomass conversion

• Strategic alliances with bio-refineries to optimize enzymatic hydrolysis processes

• Commitment to enabling customers to reduce CO2 emissions by 100 million tons through bioinnovation

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7️⃣ 4. Nippon Paper Group

Headquarters: Tokyo, Japan
Key Offering: Cellulosic Nanofibers, Bioethanol, Biomass Power

Nippon Paper Group leverages its extensive forestry and pulp production expertise to become a major player in lignocellulosic biomass utilization. The company is converting its own process residues and dedicated biomass into high-value products like bioethanol and innovative biomaterials.

Sustainability Initiatives:

• Operation of one of Japan’s first commercial-scale cellulosic bioethanol plants

• Development of cellulose nanofiber (CNF) applications for composites and packaging

• Investment in biomass power generation to reduce carbon footprint

Download FREE Sample Report: Lignocellulosic Biomass Market – View in Detailed Research Report

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6️⃣ 5. Fortum

Headquarters: Espoo, Finland
Key Offering: Bio-heat and power, Waste-to-energy solutions, Bio-based CO2

Fortum, a Nordic energy company, is a significant operator in the lignocellulosic biomass sector, particularly in the Nordic and Baltic regions. The company utilizes sustainable woody biomass for combined heat and power (CHP) generation and is exploring advanced biofuel production pathways.

Sustainability Initiatives:

• Large-scale utilization of forest residues and sawmill by-products for energy production

• Pilot projects for producing bio-based carbon dioxide and other chemicals from biomass

• Goal to enable customers and societies to reduce 100 million tons of CO2 emissions annually by 2030

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5️⃣ 6. Versalis (Eni)

Headquarters: San Donato Milanese, Italy
Key Offering: Bioethanol, Bio-lubricants, Bio-intermediates from lignocellulosic biomass

Versalis, the chemical company of Eni, is actively developing technologies to produce biofuels and biochemicals from non-food biomass. The company is investing in proprietary processes to convert agricultural residues and energy crops into sustainable alternatives for the transportation and chemical sectors.

Sustainability Initiatives:

• Development of Proesa® technology for second-generation bioethanol production

• Construction of biorefineries dedicated to processing lignocellulosic feedstocks

• Integration of bio-based production with existing petrochemical infrastructure for efficiency

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4️⃣ 7. Fulcrum BioEnergy

Headquarters: Pleasanton, California, USA
Key Offering: Waste-to-Fuels (bio-jet fuel, diesel) from municipal solid waste

Fulcrum BioEnergy is a trailblazer in converting municipal solid waste, a form of lignocellulosic biomass, into low-carbon transportation fuels. Their innovative process turns household garbage into sustainable aviation fuel (SAF) and renewable diesel, addressing both waste management and decarbonization challenges.

Sustainability Initiatives:

• Pioneering gasification and Fischer-Tropsch process for waste conversion

• Long-term feedstock agreements with waste management companies

• Goal to produce over 30 million gallons of renewable fuel annually from each plant

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3️⃣ 8. Circa Group

Headquarters: London, United Kingdom
Key Offering: Furacell™ (cyrene) bio-solvent, Levoglucosenone from biomass

Circa Group has developed a unique technology platform to convert non-food biomass into advanced bio-based chemicals, such as Furacell™, a safer, sustainable solvent. Their process focuses on deriving high-value molecules from cellulose, creating alternatives to toxic petrochemicals.

Sustainability Initiatives:

• Commercialization of a proprietary process for converting waste biomass into valuable chemicals

• Focus on replacing hazardous solvents in pharmaceuticals, electronics, and specialty chemicals

• Establishing a commercial-scale plant in France to serve the European market

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2️⃣ 9. Ecovia Renewables

Headquarters: Michigan, USA
Key Offering: Bio-based polymers, Biopolysaccharides from lignocellulosic sugars

Ecovia Renewables specializes in using fermentation to convert sugars derived from lignocellulosic biomass into high-performance, sustainable polymers. These biopolysaccharides are designed to replace synthetic polymers in a wide range of applications, from personal care to agriculture.

Sustainability Initiatives:

• Development of cost-effective fermentation processes for biopolymer production

• Utilization of non-food agricultural residues as primary feedstock

• Creating biodegradable and non-toxic alternatives to conventional chemicals

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1️⃣ 10. Clariant

Headquarters: Muttenz, Switzerland
Key Offering: Sunliquid® cellulosic ethanol technology, Catalysts for biorefining

Clariant is a global specialty chemicals company with a strong focus on sustainable technologies, including its proprietary sunliquid® process for producing cellulosic ethanol from agricultural residues. The company also provides catalysts essential for various biomass conversion pathways.

Sustainability Initiatives:

• Commercial operation of a sunliquid® plant in Romania, converting straw into bioethanol

• Licensing of its cellulosic ethanol technology to partners worldwide

• R&D focused on deriving a broader range of chemicals from lignocellulosic feedstocks

Get Full Report Here: Lignocellulosic Biomass Market – View in Detailed Research Report

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🌍 Outlook: The Future of Lignocellulosic Biomass Is Integrated and High-Value

The lignocellulosic biomass market is undergoing a fundamental transformation. While bioenergy remains a primary application, the industry is rapidly diversifying into high-value bio-based chemicals and materials, creating a more resilient and economically sustainable sector.

📈 Key Trends Shaping the Market:

• Integration of biorefineries with existing industrial infrastructure to reduce costs

• Policy-driven demand for advanced biofuels with mandates in the EU, US, and Asia

• Technological breakthroughs in pre-treatment and enzymatic hydrolysis improving yield efficiencies

• Strategic partnerships across the value chain, from feedstock suppliers to end-user industries

Get Full Report Here: Lignocellulosic Biomass Market – View in Detailed Research Report

The companies listed above are not only processing biomass—they’re building the foundation for a circular bioeconomy that values waste, reduces emissions, and creates sustainable products for future generations.