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 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 required time and financial expenditure are calculated during the project's pre-phase after extensive Research Development (RD) and Front-end Engineering and Design (FEED) are ensured. Additionally, a sizeable sum of money is needed for the plant's development, and the equipment installation and maintenance phases of post-production are also highly pricey.
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Green Methanol Market.
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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.
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
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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)
Key Benefits of Buying the Global Green Methanol Report:
Detailed examination of the shifting competitive landscape
helps firms make decisions by providing them with thorough strategic planning techniques.
The study provides an analysis and projection of the global Green Methanol market for the next 8 years.
aids in comprehending the major product categories and their projected growth rates.
thorough examination of market trends, drivers, and opportunities
geographical examination of the global Green Methanol market in depth
extensive profiling of the major participants in the economic world
a thorough examination of the variables affecting the growth of the global Green Methanol market
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