IMARC Group’s report titled “Renewable Methanol Market Report by Feedstock (Agricultural Waste, Forestry Residues, Municipal Solid Waste, Co2 Emissions, and Others), Application (Formaldehyde, Dimethyl Ether (DME) and Methyl tert-Butyl Ether (MTBE), Gasoline, Solvents, and Others), End Use Industry (Chemicals, Transportation, Power Generation, and Others), and Region 2025-2033”. The global renewable methanol market size reached USD 3.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.81% during 2025-2033.

Industry Trends and Drivers:

● Environmental Concerns and Regulatory Policies:

 
● Demand in the Transportation Sector:


● Technological Advancements in Production:

 

Leading Companies Operating in the Global Renewable Methanol Industry:
 
 
  • Advanced Chemical Technologies
  • Advent Technologies A/S
  • BASF SE
  • Blue Fuel Energy Corporation
  • Carbon Recycling International
  • Enerkem
  • Methanex Corporation
  • Methanol Holdings (Trinidad) Limited (Proman AG)
  • Nordic Green Aps
  • OCI N.V.
  • Södra Skogsägarna
Renewable Methanol Market Report Segmentation:

By Feedstock:
 
  • Agricultural Waste
  • Forestry Residues
  • Municipal Solid Waste
  • Co2 Emissions
  • Others
Municipal Solid Waste represents the largest segment in the market due to its abundant availability and the increasing adoption of waste-to-energy conversion technologies.
 
By Application:
 
  • Formaldehyde
  • Dimethyl Ether (DME) and Methyl tert-Butyl Ether (MTBE)
  • Gasoline
  • Solvents
  • Others
Formaldehyde accounts for the largest segment due to its extensive use in producing various industrial and consumer goods, particularly in the plastics and resins industry.
 
By End Use Industry:

 
  • Chemicals
  • Transportation
  • Power Generation
  • Others
Transportation holds the biggest share of the market due to the growing demand for cleaner fuels and the integration of methanol as a viable alternative fuel in transportation.
 
Regional Insights:
 
  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa
Asia-Pacific dominates the market due to the rising supportive government policies for renewable energy and significant investments in sustainable energy solutions in this region.
 
Global Renewable Methanol Market Trends:

The focus on renewable methanol for energy storage is rising. This is due to the growing use of solar and wind energy. Renewable methanol allows for easy storage and transport of energy.

Moreover, industries are seeking to cut carbon emissions. They are turning to renewable methanol for making chemicals. This trend is boosting the market. Renewable methanol is key in producing chemicals sustainably. It replaces fossil-based methanol in making formaldehyde, olefins, and solvents. This switch significantly cuts carbon emissions.

 
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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