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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The research study presents an industry-wide summary of the Green Methanol Market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global Green Methanol Market research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2022-2030.
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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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)
Municipal Solid Waste
Application Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Objectives of the Report:
Study of the global Green Methanol market size by key regions, types, and applications with reference to historical data (2019-2022) and forecast (2022-2030)
Industrial structure analysis of the Green Methanol market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Green Methanol market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Green Methanol market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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