Green Methanol Market Worldwide Share, Recent Trends, Business Overview, Application, Types, Future Growth and Forecasts 2022 – 2030

 The global green methanol market size reached USD 3.71 Billion in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period, according to latest analysis by Emergen Research. The key factor driving green methanol market revenue growth is rapid adoption of Methanol-to-olefins (MTO) technology for green methanol production. Green methanol can now be produced using advanced procedures, and it serves as an important raw material in the production of industrial chemicals, including formaldehyde, Methyl-tert-butyl-ether (MTBE), dimethyl terephthalate, acetic acid, methyl methacrylate, and olefins.

Rapidly increasing demand for a wide range of methanol compounds, notably olefins produced through the MTO technology, is expected to drive market revenue growth. Olefins are widely used in the production of synthetic plastic, synthetic rubber, textile colors, and pharmaceuticals. The MTO technology has improved polymer production process by employing alternatives, including coal and natural gas. Moreover, increasing demand for renewable methanol as a better motor fuel for vehicles is expected to support revenue growth of the global market.

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However, high-capital-intensive environment for green methanol production, issues related to availability and quality of raw materials such as coal and natural gas, freight prices, capital expenses, and government regulations, are expected to hamper market revenue growth. Producing methanol from any carbon-based source is a high-capital-intensive process, and companies must first choose the raw material to secure a long-term and cost-effective supply.

Market Scope:

One of the report’s central components is the broad Green Methanol market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.

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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

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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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

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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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