Renewable Methanol Market
Renewable Methanol Market Forecasts to 2032 - Global Analysis By Feedstock Type (Agricultural Waste, Forestry Residues, Municipal Solid Waste (MSW), CO- Emissions and Other Feedstock Types), Sales Channel, Application, End User and By Geography
According to Stratistics MRC, the Global Renewable Methanol Market is accounted for $4.4 billion in 2025 and is expected to reach $7.5 billion by 2032 growing at a CAGR of 7.8% during the forecast period. Renewable methanol is a sustainable form of methanol produced from renewable resources, such as biomass, carbon dioxide (CO2), or green hydrogen, rather than from fossil fuels. This process typically involves using renewable energy sources like wind, solar, or hydroelectric power to split water molecules into hydrogen, which is then combined with CO2 captured from the atmosphere or industrial emissions. The result is a clean, carbon-neutral fuel that can be used in various applications, including transportation, power generation, and as a feedstock for the chemical industry.
According to the Methanol Institute, China is set to account for over 90% of the regional production and consumption by the end of 2025. According to the European Commission, Europe’s transport sector contributes nearly 5% to the EU’s total GDP.
Market Dynamics:
Driver:
Growing focus on reducing carbon emissions
The market is experiencing a growing focus on reducing carbon emissions as part of global sustainability efforts. As industries and governments prioritize decarbonization, renewable methanol produced from biomass, CO2, or renewable electricity offers a cleaner alternative to fossil-based methanol. This shift supports carbon-neutral solutions for sectors like transportation, chemicals, and energy. With increasing investments in green technologies and policies, the demand for renewable methanol is expected to rise, contributing significantly to lowering carbon footprints and achieving climate goals.
Restraint:
Feedstock availability and competition
Feedstock availability and competition pose challenges in the market. The production of renewable methanol relies on materials like biomass, CO2, and renewable electricity, which may face supply constraints. Increased competition for these feedstocks, especially from other industries like biofuels and agriculture, can drive up costs and limit production scalability. Additionally, inconsistent feedstock availability due to factors like climate change or market fluctuations can disrupt supply chains, hindering the growth and stability of the market.
Opportunity:
Rising demand for sustainable fuels
The demand for sustainable fuels is rising in the market as industries seek greener alternatives to traditional fossil fuels. With growing concerns over climate change, renewable methanol, produced from biomass, CO2, or renewable energy, is gaining traction in sectors like transportation, power generation, and chemicals. Governments and companies are increasingly investing in clean energy solutions, driving the adoption of renewable methanol. This trend reflects a broader shift toward reducing carbon emissions and promoting environmental sustainability in global energy markets.
Threat:
Public perception and awareness
Public perception and awareness can negatively impact the market, as many consumers may lack understanding of its benefits and environmental advantages. Misconceptions about renewable methanol’s production processes or its sustainability could hinder widespread acceptance and adoption. Without sufficient education on its role in reducing carbon emissions and supporting green energy, individuals and industries may be reluctant to switch from traditional fuels. This limited awareness could slow down the market's growth and delay the transition to cleaner energy solutions.
Covid-19 Impact
The COVID-19 pandemic had a significant impact on the market, disrupting supply chains and slowing down production due to lockdowns and reduced industrial activity. Economic uncertainty and shifts in global energy demand also led to delays in investments and projects. However, the pandemic also heightened awareness of sustainability and environmental issues, creating renewed interest in green fuels. As recovery progresses, there is potential for accelerated growth in the renewable methanol market as industries focus on sustainable, post-pandemic energy solutions.
The agricultural waste segment is expected to be the largest during the forecast period
The agricultural waste segment is expected to account for the largest market share during the forecast period. Utilizing residues like crop stalks, husks, and manure, renewable methanol can be produced through gasification or biochemical processes, reducing reliance on fossil fuels. This approach not only adds value to agricultural byproducts but also helps minimize environmental pollution. As interest in circular economy practices grows, the use of agricultural waste supports carbon reduction goals and enhances the overall sustainability of renewable methanol production.
The automotive segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the automotive segment is predicted to witness the highest growth rate, as manufacturers and policymakers seek cleaner fuel alternatives to reduce greenhouse gas emissions. Renewable methanol can be used directly in modified engines or as a hydrogen carrier in fuel cells, offering a low-carbon solution for transportation. Its compatibility with existing infrastructure makes it a practical choice for reducing fossil fuel dependence. As demand for sustainable mobility grows, renewable methanol presents a promising option for decarbonizing the automotive industry.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share driven by increasing environmental regulations. Countries like China, Japan, and India are investing in renewable methanol production from biomass and CO?, aiming to reduce dependence on fossil fuels. Technological advancements and strategic partnerships are further accelerating market expansion. The region’s robust industrial base and growing transportation sector offer substantial opportunities for renewable methanol adoption in coming years.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to rising demand for sustainable fuels and supportive government policies promoting clean energy. Produced from biomass, CO?, and renewable hydrogen, renewable methanol serves as an eco-friendly alternative in transportation, marine fuel, and chemical industries. Key players are investing in production technologies and infrastructure, particularly in the U.S. and Canada.
Key players in the market
Some of the key players profiled in the Renewable Methanol Market includes SABIC, Södra, BASF SE, Maersk, Nordic Green, Advent Technologies, Aker Clean Hydrogen, SFC Energy AG, Innogy SE, Oorja Fuel Cells, Fraunhofer Institute, Advanced Chemical Technologies, Inc., Shell, Rho Ventures and Waste Management Inc.
Key Developments:
In September 2024, SABIC, a global leader in the chemical industry, today announced the launch of its new certified low carbon product portfolio. As part of the company’s 2050 carbon neutrality pledge, this initiative will help support our customers and value chain to achieve their sustainability goals when looking for products with lower product carbon footprint.
In January 2024, BASF process catalysts, a leading provider of innovative catalyst technology, announced a new collaboration with Envision Energy, a leading green technology provider of comprehensive net zero solutions. The collaboration aims to further develop the conversion of green hydrogen and CO2 into e-methanol through an advanced, dynamic process design.
Feedstock Types Covered:
• Agricultural Waste
• Forestry Residues
• Municipal Solid Waste (MSW)
• CO? Emissions
• Other Feedstock Types
Sales Channels Covered:
• Direct Sales
• Distributors
• Online Sales Platforms
Applications Covered:
• Formaldehyde
• Plastics
• Methyl Tert-Butyl Ether (MTBE)
• Acetic Acid
• Solvents
• Gasoline
• Dimethyl Ether (DME)
• Other Applications
End Users Covered:
• Automotive
• Chemicals
• Construction
• Power & Energy
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Renewable Methanol Market, By Feedstock Type
5.1 Introduction
5.2 Agricultural Waste
5.3 Forestry Residues
5.4 Municipal Solid Waste (MSW)
5.5 CO? Emissions
5.6 Other Feedstock Types
6 Global Renewable Methanol Market, By Sales Channel
6.1 Introduction
6.2 Direct Sales
6.3 Distributors
6.4 Online Sales Platforms
7 Global Renewable Methanol Market, By Application
7.1 Introduction
7.2 Formaldehyde
7.3 Plastics
7.4 Methyl Tert-Butyl Ether (MTBE)
7.5 Acetic Acid
7.6 Solvents
7.7 Gasoline
7.8 Dimethyl Ether (DME)
7.9 Other Applications
8 Global Renewable Methanol Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Chemicals
8.4 Construction
8.5 Power & Energy
8.6 Other End Users
9 Global Renewable Methanol Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 SABIC
11.2 Södra
11.3 BASF SE
11.4 Maersk
11.5 Nordic Green
11.6 Advent Technologies
11.7 Aker Clean Hydrogen
11.8 SFC Energy AG
11.9 Innogy SE
11.10 Oorja Fuel Cells
11.11 Fraunhofer Institute
11.12 Advanced Chemical Technologies, Inc.
11.13 Shell
11.14 Rho Ventures
11.15 Waste Management Inc.
List of Tables
1 Global Renewable Methanol Market Outlook, By Region (2024-2032) ($MN)
2 Global Renewable Methanol Market Outlook, By Feedstock Type (2024-2032) ($MN)
3 Global Renewable Methanol Market Outlook, By Agricultural Waste (2024-2032) ($MN)
4 Global Renewable Methanol Market Outlook, By Forestry Residues (2024-2032) ($MN)
5 Global Renewable Methanol Market Outlook, By Municipal Solid Waste (MSW) (2024-2032) ($MN)
6 Global Renewable Methanol Market Outlook, By CO? Emissions (2024-2032) ($MN)
7 Global Renewable Methanol Market Outlook, By Other Feedstock Types (2024-2032) ($MN)
8 Global Renewable Methanol Market Outlook, By Sales Channel (2024-2032) ($MN)
9 Global Renewable Methanol Market Outlook, By Direct Sales (2024-2032) ($MN)
10 Global Renewable Methanol Market Outlook, By Distributors (2024-2032) ($MN)
11 Global Renewable Methanol Market Outlook, By Online Sales Platforms (2024-2032) ($MN)
12 Global Renewable Methanol Market Outlook, By Application (2024-2032) ($MN)
13 Global Renewable Methanol Market Outlook, By Formaldehyde (2024-2032) ($MN)
14 Global Renewable Methanol Market Outlook, By Plastics (2024-2032) ($MN)
15 Global Renewable Methanol Market Outlook, By Methyl Tert-Butyl Ether (MTBE) (2024-2032) ($MN)
16 Global Renewable Methanol Market Outlook, By Acetic Acid (2024-2032) ($MN)
17 Global Renewable Methanol Market Outlook, By Solvents (2024-2032) ($MN)
18 Global Renewable Methanol Market Outlook, By Gasoline (2024-2032) ($MN)
19 Global Renewable Methanol Market Outlook, By Dimethyl Ether (DME) (2024-2032) ($MN)
20 Global Renewable Methanol Market Outlook, By Other Applications (2024-2032) ($MN)
21 Global Renewable Methanol Market Outlook, By End User (2024-2032) ($MN)
22 Global Renewable Methanol Market Outlook, By Automotive (2024-2032) ($MN)
23 Global Renewable Methanol Market Outlook, By Chemicals (2024-2032) ($MN)
24 Global Renewable Methanol Market Outlook, By Construction (2024-2032) ($MN)
25 Global Renewable Methanol Market Outlook, By Power & Energy (2024-2032) ($MN)
26 Global Renewable Methanol Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
