Renewable methanol market expected to Grow at 5.5% by 2031, Renewable Methanol refers is a type of fuel produced from feedstock such as municipal waste, industrial waste, biomass and carbon dioxide. Renewable methanol find as application as fuel in transportation or as feedstock in chemicals. Renewable methanol produces emits low carbon emission and can be blended with motor fuels to improve their octane number.

Growing energy demand from various sources such as power, transportation and manufacturing and depleting reserves of fossil fuels has driven the need to switch for the alternate energy sources. Moreover, growing concerns over emission of greenhouse gases and favorable regulatory policies to mandatory blending of 10% methanol in gasoline used in automobiles especially in U.S., Canada and China to promote the usage of renewable methanol are expected to fuel the growth of global renewable methanol market over the forecast period. Further, methanol properties such as high octane number as compared to normal gasoline is another factor promoting consumption of renewable methanol. However, factors such aslack of infrastructure for renewable methanol production and feedstock availability is expected to remain a challenge in many regions which in turn is expected to hamper the growth of renewable methanol market during the forecast period (2016-2023).

Asia Pacific especially China is anticipated to be the largest market for renewable methanol in 2016 owing to increasing production in the regions coupled with regulatory policies for mandatory blending in motor fuels. Followed by it, North America is expected to be the second largest market for renewable methanolin 2016due to favorable regulatory policies coupled with availability of infrastructure in the region. Europe is projected to gain significant revenue share in global renewable methane market by 2023 owing to increasing production of renewable methanol along with favorable regulatory policies such as European Union's renewable energy directives making it mandatory use of renewable methanol blending in fuels.

The leading players identified across the value chain of renewable methanol market are focusing on backward integration across the value chain in order to eliminate the challenges for feedstock availability.

Key players identified across the value chain in the renewable methanol market include but are not limited to:

Advanced Chemical Technologies, BASF SE, Carbon Recycling International, Enerkem, Fraunhofer, Innogy, Nordic Green, OCI N.V., Sodra, Uniper SE, Vertimass LLC And Other Notable Players.

This report offers:

• An overview of the global renewable methanol market
• Market trends assessment for the period 2016-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
• Qualitative assessment tools such as market drivers, challenges and future prospects, and competitive analysis: market positioning of key market players
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global renewable methanol market
• This report includes estimation of market sizes for value. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global renewable methanol market

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Renewable Methanol market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Renewable Methanol market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Renewable Methanol market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Renewable Methanol market?
• Which is the largest regional market for Renewable Methanol market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Renewable Methanol market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Renewable Methanol market worldwide?