Green Methanol

Green Methanol Market Research Report: Forecast (2022-27)

By Feedstock (Biomass (Agricultural Waste, Forestry Residues, Municipal Solid Waste (MSW)), CO2 (Industrial Emissions, Captured CO2), Renewable Hydrogen, Others), By Application (Formaldehyde, MTO (Me Read more

  • Chemicals
  • Aug 2022
  • 181
  • CM10274

Market Definition

Green methanol is a low-carbon fuel that can be produced either from biomass gasification or renewable electricity & captured CO2 and used either as a transportation fuel or as a sustainable energy carrier for storing electricity generated through renewable sources.

With the ever-increasing need for alternative energy sources & fuels owing to the ongoing climate crisis, green methanol is gaining immense popularity worldwide as it promises to assist in scaling up environment-friendly methanol technology and contribute to a sustainable future.

Market Insights

The Global Green Methanol Market is projected to grow at a CAGR of around 4.9% during the forecast period, i.e., 2022-27. Most of the market expansion would be driven by the growing inclination of the chemical, shipping, & automotive industries toward using green methanol and minimizing carbon emissions. Besides, stringent regulations for the shipping industry to reduce sulfur levels in fuels, coupled with the mounting adoption of renewable energy sources, including green methanol, across the automotive & aviation sectors, are other crucial aspects projected to boost the market in the coming years. In addition, the growing requirements for MTBE (Methyl-tert-butyl-ether) used for biodiesel production in the transportation sector, as well as formaldehyde for paints & coatings and construction applications, are further driving the demand for green methanol.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 4.9%
Regions Covered North America: The US, Canada, Mexico
Europe: The UK, Germany, France, Spain, Italy, Sweden, Iceland, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa
Key Companies Profiled

Advanced Chemical Technologies, BASF SE, BioMCN, Carbon Recycling International, Enerkem, European Energy, Nordic Green, NREL, SABIC (Saudi Basic Industries Corporation), Södra Skogsägarna, and Vertimass, among others

Unit Denominations USD Million/Billion

 

Methanol is witnessing an ever-increasing demand since it is a key blending agent in conventional fuels used for reducing their emissions. However, since methanol is produced mainly using natural gas & coal, it is acting as a barrier to the use of renewable products. As a result, several countries worldwide are rigorously focusing on utilizing green methanol, i.e., produced using renewable feedstocks like agricultural waste, forestry residues, captured CO2, renewable hydrogen, etc.

There's a growing utilization of renewable methanol as a hydrogen carrier in fuel cells, which can create new directions for the green methanol industry in the future. Since green methanol is liquid at room temperature, which makes it easy to transport, it is one of the most effective hydrogen carriers. Methanol-based fuel cells can efficiently produce clean electricity to power cars, trucks, buses, & ships, among others. They can be fueled as quickly & easily as gasoline & diesel and provide power for a longer duration.

Many fuel-cell manufacturers are producing hydrogen & methanol fuel cells in line with their plans to switch to green methanol. Furthermore, a fuel cell-based power generator, a sustainable alternative to diesel generators, is another opportunistic area for the leading companies in the green methanol market to witness lucrative prospects in the future.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  3. Executive Summary
  4. Impact of COVID-19 on the Global Green Methanol Market
  5. Global Green Methanol Market Regulations & Policies
  6. Global Green Methanol Market Trends & Insights
  7. Global Green Methanol Market Dynamics
    1. Growth Drivers
    2. Challenges
  8. Global Green Methanol Patent Analysis, 2022
  9. Global Green Methanol Market Supply Chain Analysis, 2022
  10. Global Green Methanol Market Hotspots & Opportunities
  11. Global Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
        1. Biomass
          1. Agricultural Waste
          2. Forestry Residues
          3. Municipal Solid Waste (MSW)
        2. CO2
          1. Industrial Emissions
          2. Captured CO2
        3. Renewable Hydrogen
        4. Others
      2. By Application
        1. Formaldehyde
        2. MTO (Methanol to Olefins)
        3. Dimethyl Ether (DME) & Methyl Tert-Butyl Ether (MTBE)
        4. Gasoline
        5. Solvents
        6. Others
      3. By End-User
        1. Chemical
        2. Transportation (includes Shipping)
        3. Power Generation
        4. Automotive
        5. Others
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares
  12. North America Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
      2. By Application
      3. By End-User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Segmentation & Revenues Share
        1. By Feedstock
        2. By Application
        3. By End-User
    4. Canada Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    5. Mexico Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
  13. South America Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
      2. By Application
      3. By End-User
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
  14. Europe Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
      2. By Application
      3. By End-User
      4. By Country
        1. The UK
        2. Germany
        3. France
        4. Spain
        5. Italy
        6. Sweden
        7. Iceland
        8. Rest of Europe
    3. The UK Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    4. Germany Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    5. France Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    6. Spain Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    7. Italy Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    8. Sweden Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    9. Iceland Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
  15. Middle East & Africa Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
      2. By Application
      3. By End-User
      4. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Middle East & Africa
    3. Saudi Arabia Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    4. UAE Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    5. South Africa Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
  16. Asia Pacific Green Methanol Market Outlook, 2018-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Feedstock
      2. By Application
      3. By End-User
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia-Pacific
    3. China Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    4. India Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    5. Japan Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
    6. South Korea Green Methanol Market Outlook, 2018-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Feedstock
        2. By Application
        3. By End-User
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Solutions Offered, Business Segments, Financials, Future Plans)
      1. Advanced Chemical Technologies
      2. BASF SE
      3. BioMCN
      4. Carbon Recycling International
      5. Enerkem
      6. European Energy
      7. Nordic Green
      8. NREL
      9. SABIC (Saudi Basic Industries Corporation)
      10. Södra Skogsägarna
      11. Vertimass
      12. Others
  18. Disclaimer
Green Methanol Market Segementation
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