Green Methanol Market Report 2022: Market Capacity, Market Overview, Consumption, Status and Predict

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.

The report further sheds light on the competitive landscape of the Green Methanol Market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the R&D and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.

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)

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

Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

In-depth 8-year analysis of the Global Green Methanol Market

Critical understanding of the key market segments

Comprehensive analysis of the drivers, restraints, trends, and opportunities

Detailed regional analysis and extensive company profiling

Extensive assessment of current and emerging trends of the market

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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