Green Methanol Market Growth, Size, Share, Top Companies, Manufacturing Cost Analysis and Future Forecast Up to 2030

Green Methanol Market

According to the most recent analysis by Emergen Research, the global market for green methanol reached USD 3.71 billion in 2021 and is anticipated to grow at a revenue CAGR of 6.0% over the projected period. The fast use of Methanol-to-olefins (MTO) technology for green methanol production is the main factor fueling the market’s revenue growth. Modern techniques can now be used to create green methanol, which is a crucial raw ingredient in the creation of industrial chemicals including formaldehyde, methyl-tert-butyl ether (MTBE), dimethyl terephthalate, acetic acid, methyl methacrylate, and olefins.

Market revenue growth is anticipated to be driven by the quickly rising demand for a variety of methanol compounds, particularly olefins manufactured using the MTO technology. Olefins are extensively utilised in the creation of medicines, synthetic plastic, and synthetic rubber. By using alternatives, such as coal and natural gas, the MTO technology has enhanced the polymer production process. Additionally, rising demand for renewable methanol as a superior car fuel is anticipated to promote market revenue development.

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However, the environment for producing green methanol, problems with the supply and quality of raw materials like coal and natural gas, freight costs, capital costs, and governmental regulations are likely to impede the expansion of the market’s revenue. The production of methanol from any carbon-based source requires a significant level of capital investment, therefore enterprises must first decide on the raw material to guarantee a reliable and affordable supply.

Competitive Outlook:

The global Green Methanol market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Green Methanol market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

The leading market contenders listed in the report are as follows:

Advanced Chemical Technologies,

BASF SE,

Uniper SE,

Fraunhofer GmbH,

Enerkem Inc.,

Innogy SE,

Nordic Green ApS,

Vertimass LLC,

Saudi Basic Industries Corporation, and

Södra Skogsägarna.

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Key Highlights from the Report

During the projected period, the revenue CAGR for the segment of municipal solid trash is anticipated to be extremely high.

This market’s revenue growth is anticipated to be boosted by an increase in the usage of municipal solid waste in the manufacturing of green methanol.

Due to rising government incentives for using alternative renewable fuel sources as well as the quickening growth of the transportation industry in the region, the Asia-Pacific market is anticipated to achieve a much quicker revenue growth rate over the projected period.

Emergen Research has segmented the global green methanol market on the basis of feedstock, application, end-use, and region:

Feedstock Outlook (Revenue, USD Billion; 2019-2030)

Agricultural Waste

Forestry Residues

Municipal Solid Waste

CO2 Emission

Others

Application Outlook (Revenue, USD Billion; 2019-2030)

Formaldehyde

Methyl-tert-butyl-ether

Gasoline

Solvent

Others

End-use Outlook (Revenue, USD Billion; 2019-2030)

Chemical

Transportation

Power generation

Others

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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Green Methanol Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Global Green Methanol Market Report – Table of Contents:

Chapter 1 includes the global Green Methanol market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.

Chapter 2 broadly categorizes the Green Methanol market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.

Chapter 3 elaborates on the competitive outlook of the Green Methanol market, focusing on the major manufacturers and vendor landscape.

Chapter 4 exhaustively studies the key manufacturers of the Green Methanol industry, along with their anticipated sales and revenue shares.

Chapters 5 includes market segmentation based on product type, application range, and market players.

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About Us:

At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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