Global renewable methanol market is expected to generate USD 210 million by 2025, at a CAGR of around 3.5% between 2019 and 2025. The conversion of agricultural and industrial wastage into renewable methanol has been driving the growth of the renewable methanol market globally.
Renewable Methanol Market
The report covers a forecast and an analysis of the renewable methanol market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints of the renewable methanol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the renewable methanol market on a global level.
In order to give the users of this report a comprehensive view of the renewable methanol market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.
The study provides a decisive view of the renewable methanol market by segmenting the market based on the primary source, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Some key players operating in the global renewable methanol market include The VärmlandsMetanol AB, Carbon Recycling International, Chemrec Inc., Mitsubishi Chemicals Holdings, PETRONAS, Statoil, Enerkem, Blue Fuel Energy, BioMCN, BASF, and Methanex Corporation.
This report segments the global renewable methanol market as follows: