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.
Global Green Methanol Market research report offers a panoramic view of the Green Methanol Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Green Methanol Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
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
Regional Segmentation
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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Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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