Product Code: CH 9091
The global green methanol market is anticipated to expand from USD 2.59 billion in 2025 to USD 11.18 billion by 2030, registering a CAGR of 34.0% from 2025 to 2030.
Scope of the Report |
Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million/Billions), Volume (Kilotons) |
Segments | Green Methanol by region, feedstock, application, and derivatives |
Regions covered | Europe, Asia Pacific, South America, North America, Middle East & Africa |
Stringent government regulations aimed at reducing carbon dioxide emissions and combating climate change propel this growth. Green methanol, produced from renewable sources such as captured CO2 and renewable hydrogen, serves as a sustainable alternative to conventional methanol derived from fossil fuels. This regulatory environment incentivizes industries to adopt green methanol.
"By feedstock, the carbon capture and storage is projected to be the fastest-growing segment of the green methanol market during 2025 to 2030, in terms of volume."
Carbon capture and storage (CCS) is rapidly emerging as a key feedstock for green methanol due to its ability to reduce carbon emissions and provide a sustainable source of carbon dioxide (CO2) for methanol production. CCS technology captures CO2 from industrial facilities or directly from the atmosphere, stores it underground to prevent it from contributing to climate change, and then combines it with renewable hydrogen to produce methanol.
The growth of CCS is largely attributed to its cost-effective method of sourcing CO2 for methanol production while adhering to stringent environmental regulations. Governments are actively supporting CCS through incentives and tax benefits to promote its adoption. As industries and economies increasingly prioritize emission reduction, CCS is becoming an essential component in the production of green methanol, helping industries achieve greater sustainability.
"By application, fuel is estimated to be the fastest-growing segment of the green methanol market from 2025 to 2030."
Fuel is expected to be the fastest-growing application segment in the green methanol market from 2025 to 2030 due to stricter environmental regulations and a shift toward sustainable energy. Green methanol provides a lower-carbon alternative for sectors like shipping, transportation (either blended with gasoline or used in specific engines), and power generation. Its high energy density and compatibility with existing infrastructure make it an attractive option for the transportation sector, facilitating easier adoption without significant infrastructure changes.
"The green methanol market in the North America region is projected to witness the highest CAGR during the forecast period."
North America is projected to witness the highest CAGR in the green methanol market during the forecast period due to its strong commitment to sustainability, government incentives, and increasing investments in renewable energy. North American companies are leading in green methanol production technology and infrastructure development, positioning them well to capture a larger market share. The US is leading the charge with supportive policies, such as tax credits and renewable fuel mandates, which encourage the growth of green methanol production. Moreover, technological advancements in carbon capture and renewable hydrogen are accelerating the region's shift toward cleaner fuels, making it a key driver of market expansion in the coming years.
Profile break-up of primary participants for the report:
- By Company Type: Tier 1 - 40%, Tier 2 - 20%, and Tier 3 - 40%
- By Designation: C-level Executives - 20%, Directors - 50%, and Others - 30%
- By Region: North America - 20%, Europe - 40%, Asia Pacific - 30%, the Middle East & Africa- 5%, and South America - 5%
Key players in the green methanol market include OCI (The Netherlands), Proman (Switzerland), Sodra (Sweden), SunGas Renewables Inc. (US), ABEL Energy Pty Ltd. (Australia), Carbon Recycling International Inc. (Iceland), Petroliam Nasional Berhad (PETRONAS)(Malaysia), Mitsubishi Gas Chemical Company, Inc. (Japan), Methanex Corporation (Canada), Envision Energy (China), Alberta-Pacific Forest Industries Inc. (Canada), Enerkem (Canada), and others.
Research Coverage:
The report outlines, categorizes, and forecasts the green methanol market size across derivatives, sub-derivatives, end-uses, and geographical regions. It provides strategic profiles of major players, thoroughly examining their market presence and key strengths. Additionally, the report monitors and evaluates competitive activities such as acquisitions, agreements, investments, joint ventures, mergers, product launches, expansions, divestments, and partnerships undertaken by these players within the market.
Reasons to Buy the Report:
The report aims to assist market leaders and newcomers by offering precise revenue estimations for the green methanol market and its segments. It also provides stakeholders with a clearer view of the market's competitive landscape, helping them enhance their business positions and develop effective market strategies. Furthermore, the report enables stakeholders to grasp the market dynamics by highlighting key drivers, obstacles, challenges, and opportunities. Key insights provided by the report include:
- Analysis of key drivers (growing demand for sustainable fuels, increasing support for renewable energy sources), restraints (high production costs), opportunities (use of green methanol as an alternative fuel in marine and manufacturing industries technological advancements), and challenges (capital-intensive environment, volatility in feedstock prices) influencing the growth of the green methanol market.
- Product Development/Innovation: Detailed insights on upcoming technologies and research & development activities in the green methanol market.
- Market Development: Comprehensive information about lucrative markets - the report analyzes the green methanol market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the green methanol market.
- Competitive Assessment: Detailed analysis of market share, growth strategies, and service offerings of top players such as Proman (Switzerland), Sodra (Sweden), OCI (Netherlands), SunGas Renewables Inc. (US), ABEL Energy Pty Ltd. (Australia), Carbon Recycling International Inc. (Iceland), Petroliam Nasional Berhad (PETRONAS)(Malaysia), Mitsubishi Gas Chemical Company, Inc. (Japan), Methanex Corporation (Canada), Envision Energy (China), Alberta-Pacific Forest Industries Inc. (Canada), and Enerkem (Canada), among others, in the green methanol market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 COMPETITIVE INTELLIGENCE
- 1.3 MARKET DEFINITION
- 1.4 STUDY SCOPE
- 1.4.1 YEARS CONSIDERED
- 1.4.2 INCLUSIONS AND EXCLUSIONS
- 1.4.3 CURRENCY CONSIDERED
- 1.4.4 UNIT CONSIDERED
- 1.5 RESEARCH LIMITATIONS
- 1.6 STAKEHOLDERS
- 1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Breakdown of primaries
- 2.2 MATRIX CONSIDERED FOR DEMAND-SIDE ANALYSIS
- 2.3 MARKET SIZE ESTIMATION
- 2.3.1 BOTTOM-UP APPROACH
- 2.3.2 TOP-DOWN APPROACH
- 2.3.2.1 Calculations for supply-side analysis
- 2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
- 2.5 DATA TRIANGULATION
- 2.6 IMPACT OF RECESSION
- 2.7 RESEARCH ASSUMPTIONS
- 2.8 RESEARCH LIMITATIONS
- 2.9 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREEN METHANOL MARKET
- 4.2 GREEN METHANOL MARKET, BY REGION
- 4.3 GREEN METHANOL MARKET, BY APPLICATION
- 4.4 GREEN METHANOL MARKET, BY FEEDSTOCK
- 4.5 GREEN METHANOL MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Increasing demand for sustainable and renewable energy
- 5.2.1.2 Demand for green methanol in automotive and construction industries
- 5.2.2 RESTRAINTS
- 5.2.2.1 Competing fuel options - ethanol, hydrogen, and biodiesel
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Green methanol as alternative fuel in marine and manufacturing industries
- 5.2.3.2 Green methanol fuel cells in transportation and energy sectors
- 5.2.4 CHALLENGES
- 5.2.4.1 Cost competitiveness to produce green methanol
- 5.2.4.2 Low consumer awareness about green methanol benefits
- 5.2.4.3 Infrastructure, scale, and efficiency limitations for production
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, 2021-2023
- 5.4.2 AVERAGE SELLING PRICE TREND, BY FEEDSTOCK, 2024
- 5.4.3 AVERAGE SELLING PRICE TREND, BY REGION, 2022-2030
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 ECOSYSTEM MAP
- 5.7 REGULATORY LANDSCAPE
- 5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
- 5.8.1.1 Bio-methanol and e-methanol production technologies
- 5.8.2 ADJACENT TECHNOLOGIES
- 5.8.2.1 Grey, brown, and blue methanol production technologies
- 5.8.3 COMPLEMENTARY TECHNOLOGIES
- 5.8.3.1 Carbon capture and utilization of methanol production technologies
- 5.9 KEY CONFERENCES AND EVENTS, 2024-2025
- 5.10 TRADE ANALYSIS
- 5.10.1 IMPORT SCENARIO (HS CODE 290511)
- 5.10.2 EXPORT SCENARIO (HS CODE 290511)
- 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.11.2 BUYING CRITERIA
- 5.12 PATENT ANALYSIS
- 5.12.1 METHODOLOGY
- 5.12.2 MAJOR PATENTS RELATED TO GREEN METHANOL
- 5.13 INVESTMENT AND FUNDING SCENARIO
- 5.14 CASE STUDY ANALYSIS
- 5.14.1 CARBON RECYCLING INTERNATIONAL OBTAINS RENEWABLE METHANOL FROM CO2
- 5.14.2 ENERKEM PRODUCES RENEWABLE METHANOL FROM MUNICIPAL SOLID WASTE
- 5.14.3 BIOMCN PROCESSES RENEWABLE METHANOL FROM BIOGAS
- 5.15 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.16 IMPACT OF 2025 US TARIFF ON GREEN METHANOL MARKET
- 5.16.1 KEY TARIFF RATES
- 5.16.1.1 Key product-related tariffs effective for green methanol
- 5.16.2 PRICE IMPACT ANALYSIS
- 5.16.3 IMPACT ON COUNTRY/REGION
- 5.16.3.1 US
- 5.16.3.2 Europe
- 5.16.3.3 Asia Pacific
- 5.16.4 IMPACT ON APPLICATIONS
- 5.16.4.1 Chemical feedstock
- 5.16.4.2 Fuel
- 5.16.4.3 Other applications
6 GREEN METHANOL MARKET, BY FEEDSTOCK
- 6.1 INTRODUCTION
- 6.2 BIOMASS
- 6.2.1 RENEWABLE NATURE AND EMISSION-REDUCING POTENTIAL - KEY DRIVERS
- 6.2.2 FORESTRY AND AGRICULTURAL WASTE
- 6.2.3 BIOGAS FROM LANDFILLS
- 6.2.4 SEWAGE
- 6.2.5 MUNICIPAL SOLID WASTE
- 6.2.6 BLACK LIQUOR FROM PAPER & PULP INDUSTRY
- 6.3 GREEN HYDROGEN
- 6.3.1 GOVERNMENT INCENTIVES FOR RENEWABLE ENERGY TO DRIVE MARKET
- 6.4 CARBON CAPTURE & STORAGE
- 6.4.1 INCREASING NEED FOR CARBON REDUCTION AND CLEANER ENERGY SOLUTIONS TO BOOST MARKET
7 GREEN METHANOL MARKET, BY DERIVATIVE
- 7.1 INTRODUCTION
- 7.2 FORMALDEHYDE
- 7.2.1 GROWING DEMAND FROM CONSTRUCTION INDUSTRY
- 7.3 GASOLINE
- 7.3.1 INCREASING USE IN TRANSPORTATION SECTOR
- 7.4 GREEN METHANOL-TO-OLEFINS/GREEN METHANOL-T0-PROPYLENE
- 7.4.1 HIGH DEMAND FOR PLASTICS IN END-USE INDUSTRIES
- 7.5 METHYL TERT-BUTYL ETHER
- 7.5.1 HIGH DEMAND FROM CHINA FOR USE ACROSS INDUSTRIES
- 7.6 ACETIC ACID
- 7.6.1 IMPORTANT RAW MATERIAL FOR DOWNSTREAM CHEMICALS
- 7.7 DIMETHYL ETHER
- 7.7.1 GROWING DEMAND FOR HEATING AND COOKING PURPOSES
- 7.8 METHYL METHACRYLATE
- 7.8.1 HIGH CONSUMPTION IN ELECTRONICS INDUSTRY
- 7.9 BIODIESEL
- 7.9.1 DRIVEN BY COMPETITIVE PRICING AND ENVIRONMENTAL REGULATIONS
- 7.10 OTHERS
8 GREEN METHANOL MARKET, BY APPLICATION
- 8.1 INTRODUCTION
- 8.2 CHEMICAL FEEDSTOCK
- 8.2.1 SUSTAINABLE MANUFACTURING PRACTICES TO DRIVE MARKET
- 8.3 FUEL
- 8.3.1 INCREASING APPLICATION IN MARITIME TRANSPORT PROPELS MARKET
- 8.4 OTHERS
- 8.4.1 VERSATILITY IN POWER GENERATION AND ENERGY STORAGE ACCELERATES ADOPTION
9 GREEN METHANOL MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.1.1 Increasing focus on sustainability and technological advancements to surge market growth
- 9.2.2 CANADA
- 9.2.2.1 Stringent environmental regulations and government support to boost production
- 9.2.3 MEXICO
- 9.2.3.1 Abundant renewable resources and strategic geographic location to boost market
- 9.3 ASIA PACIFIC
- 9.3.1 INDIA
- 9.3.1.1 Market growth driven by government initiatives and technological advancements
- 9.3.2 CHINA
- 9.3.2.1 Substantial renewable energy resources and commitment to reducing carbon emissions to boost market
- 9.3.3 JAPAN
- 9.3.3.1 Government policies and initiatives to boost market
- 9.3.4 SOUTH KOREA
- 9.3.4.1 Industrial development and government initiatives to boost market
- 9.3.5 REST OF ASIA PACIFIC
- 9.4 EUROPE
- 9.4.1 GERMANY
- 9.4.1.1 Propelled by growing demand from the automotive industry
- 9.4.2 NETHERLANDS
- 9.4.2.1 Market driven by advanced infrastructure, strategic location, and strong commitment to renewable energy
- 9.4.3 SWEDEN
- 9.4.3.1 Strategic partnerships and increasing demand from eco-conscious industries fuel market growth
- 9.4.4 REST OF EUROPE
- 9.5 MIDDLE EAST & AFRICA
- 9.5.1 GCC COUNTRIES
- 9.5.1.1 Saudi Arabia
- 9.5.1.1.1 Ambitious sustainability and economic diversification plan to grow the market
- 9.5.1.2 UAE
- 9.5.1.2.1 Government initiatives to increase green methanol production to fuel market
- 9.5.1.3 Rest of GCC Countries
- 9.5.2 REST OF MIDDLE EAST & AFRICA
- 9.6 SOUTH AMERICA
- 9.6.1 BRAZIL
- 9.6.1.1 Strong emphasis on renewable energy and sustainable practices to propel market
- 9.6.2 ARGENTINA
- 9.6.2.1 Strong government support and increasing international interest - key market drivers
- 9.6.3 REST OF SOUTH AMERICA
10 COMPETITIVE LANDSCAPE
- 10.1 INTRODUCTION
- 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 10.3 REVENUE ANALYSIS
- 10.4 MARKET SHARE AND RANKING ANALYSIS
- 10.4.1 RANKING ANALYSIS OF KEY PLAYERS
- 10.4.2 MARKET SHARE ANALYSIS OF KEY PLAYERS
- 10.4.2.1 Methanex Corporation (Canada)
- 10.4.2.2 Carbon Recycling International (Iceland)
- 10.4.2.3 Proman (Switzerland)
- 10.4.2.4 Sodra (Sweden)
- 10.4.2.5 Enerkem (Canada)
- 10.5 BRAND/PRODUCT COMPARISON
- 10.5.1 GREEN METHANOL BY ENERKEM
- 10.5.2 GREEN METHANOL BY CARBON RECYCLING INTERNATIONAL
- 10.5.3 GREEN METHANOL BY METHANEX CORPORATION
- 10.5.4 GREEN METHANOL BY PROMAN
- 10.5.5 GREEN METHANOL BY SODRA
- 10.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 10.6.1 STARS
- 10.6.2 EMERGING LEADERS
- 10.6.3 PERVASIVE PLAYERS
- 10.6.4 PARTICIPANTS
- 10.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 10.6.5.1 Company footprint
- 10.6.5.2 Region footprint
- 10.6.5.3 Derivative footprint
- 10.6.5.4 Application footprint
- 10.6.5.5 Feedstock footprint
- 10.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 10.7.1 PROGRESSIVE COMPANIES
- 10.7.2 RESPONSIVE COMPANIES
- 10.7.3 DYNAMIC COMPANIES
- 10.7.4 STARTING BLOCKS
- 10.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES,2024
- 10.7.5.1 Detailed list of key startups/SMEs
- 10.7.5.2 Competitive benchmarking of key startups/SMEs
- 10.8 COMPANY VALUATION AND FINANCIAL METRICS
- 10.9 COMPETITIVE SCENARIO
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 PETROLIAM NASIONAL BERHAD (PETRONAS)
- 11.1.1.1 Business overview
- 11.1.1.2 Products/Solutions/Services offered
- 11.1.1.3 Recent developments
- 11.1.1.4 MnM view
- 11.1.1.4.1 Key strengths
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses/Competitive threats
- 11.1.2 CARBON RECYCLING INTERNATIONAL
- 11.1.2.1 Business overview
- 11.1.2.2 Products/Solutions/Services offered
- 11.1.2.3 Recent developments
- 11.1.2.4 MnM view
- 11.1.2.4.1 Key strengths
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses/Competitive threats
- 11.1.3 SUNGAS RENEWABLES
- 11.1.3.1 Business overview
- 11.1.3.2 Products/Solutions/Services offered
- 11.1.3.3 Recent developments
- 11.1.3.3.1 Deals
- 11.1.3.3.2 Expansions
- 11.1.3.4 MnM view
- 11.1.3.4.1 Key strengths
- 11.1.3.4.2 Strategic choices
- 11.1.3.4.3 Weaknesses/Competitive threats
- 11.1.4 ABEL ENERGY PTY LTD.
- 11.1.4.1 Business overview
- 11.1.4.2 Products/Solutions/Services offered
- 11.1.4.3 Recent developments
- 11.1.4.4 MnM view
- 11.1.4.4.1 Key strengths
- 11.1.4.4.2 Strategic choices
- 11.1.4.4.3 Weaknesses/Competitive threats
- 11.1.5 METHANEX CORPORATION
- 11.1.5.1 Business overview
- 11.1.5.2 Products/Solutions/Services offered
- 11.1.5.3 Recent developments
- 11.1.5.4 MnM view
- 11.1.5.4.1 Key strengths
- 11.1.5.4.2 Strategic choices
- 11.1.5.4.3 Weaknesses/Competitive threats
- 11.1.6 MITSUBISHI GAS CHEMICAL COMPANY, INC.
- 11.1.6.1 Business overview
- 11.1.6.2 Products/Solutions/Services offered
- 11.1.6.3 Recent developments
- 11.1.6.4 MnM view
- 11.1.6.4.1 Key strengths
- 11.1.6.4.2 Strategic choices
- 11.1.6.4.3 Weaknesses/Competitive threats
- 11.1.7 ENERKEM
- 11.1.7.1 Business overview
- 11.1.7.2 Products/Solutions/Services offered
- 11.1.7.3 Recent developments
- 11.1.7.4 MnM view
- 11.1.7.4.1 Key strengths
- 11.1.7.4.2 Strategic choices
- 11.1.7.4.3 Weaknesses/Competitive threats
- 11.1.8 ALBERTA PACIFIC FOREST INDUSTRIES INC.
- 11.1.8.1 Business overview
- 11.1.8.2 Products/Solutions/Services offered
- 11.1.8.3 Recent developments
- 11.1.9 ENVISION ENERGY
- 11.1.9.1 Business overview
- 11.1.9.2 Products/Solutions/Services offered
- 11.1.9.3 Recent developments
- 11.1.10 SODRA
- 11.1.10.1 Business overview
- 11.1.10.2 Products/Solutions/Services offered
- 11.1.10.3 Recent developments
- 11.1.11 PROMAN
- 11.1.11.1 Business overview
- 11.1.11.2 Products/Solutions/Services offered
- 11.1.11.3 Recent developments
- 11.2 OTHER PLAYERS
- 11.2.1 AVAADA
- 11.2.2 C1 GREEN CHEMICALS AG
- 11.2.3 VARMSLAND METHANOL
- 11.2.4 IBERDROLA, S.A.
- 11.2.5 LOWLANDS METHANOL B.V.
- 11.2.6 SWISS LIQUID FUTURE AG
- 11.2.7 LIQUID WIND AB
- 11.2.8 RENEWABLE HYDROGEN CANADA CORPORATION
- 11.2.9 EUROPEAN ENERGY A/S
12 ADJACENT AND RELATED MARKETS
- 12.1 INTRODUCTION
- 12.2 LIMITATIONS
- 12.3 GREEN METHANOL INTERCONNECTED MARKET
- 12.4 GREEN HYDROGEN MARKET
- 12.4.1 MARKET DEFINITION
- 12.4.2 MARKET OVERVIEW
- 12.4.2.1 Alkaline electrolysis
- 12.4.2.2 PEM electrolysis
- 12.5 METHANOL MARKET
- 12.5.1 MARKET DEFINITION
- 12.5.2 MARKET OVERVIEW
- 12.5.2.1 Natural gas
- 12.5.2.2 Coal
- 12.5.2.3 Others
13 APPENDIX
- 13.1 DISCUSSION GUIDE
- 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 13.3 CUSTOMIZATION OPTIONS
- 13.4 RELATED REPORTS
- 13.5 AUTHOR DETAILS