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Global Renewable Methanol Market: Growth, Future Prospects & Competitive Analysis, 2016-2023

Overview:

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.

Global renewable methanol market is segmented on the following basis:

  • By Source
    • Municipal Waste
    • Industrial Waste
    • Biomass
    • Others (CO2)
  • By Application
    • Chemicals
    • Transportation
    • Power Generation
    • Others
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • France
      • Germany
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • Rest of APAC
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle-East & Africa (MEA)
      • GCC
      • Rest of MEA

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

BioMCN, Blue Fuel Energy, CARBON RECYCLING INTERNATIONAL, Chemrec AB, VärmlandsMetanol, Methanex Corporation, Enerkemand others.

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
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