Green Methanol Market to surpass USD 18.1 Billion by 2032, Says Global Market Insights inc.
Green Methanol Industry size is expected to register 30.4% CAGR between 2024 and 2032 propelled by growing demand for green methanol in a wide range of industries.
Selbyville, Delaware, Oct. 15, 2024 (GLOBE NEWSWIRE) — Green Methanol Market was valued at USD 1.7 billion in 2023 and is projected to be worth USD 18.1 billion by the end of 2032, as per a
Asia Pacific green methanol market held USD 638.4 million in 2023 and will grow to 6.6 billion by 2032 due to its rapid industrial growth and increasing focus on sustainable energy solutions. The region is home to major economies that are investing heavily in renewable energy technologies and low-carbon alternatives. Additionally, supportive government policies and initiatives aimed at reducing carbon emissions further promote the adoption of green methanol. As industries transition towards more environmentally friendly practices, Asia Pacific’s strong market presence will be a key contributor to the overall growth of the green methanol industry.
Green Methanol Market Players
Companies including Methanex Corporation, OCI Company Ltd., Carbon Clean Solutions, Nordic Green, Haldor Topsoe, Climeworks, BASF SE, Enerkem, BioMCN, Veolia are some firms working in green methanol industry.
The green methanol market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Kilo Tons) from 2021 to 2032, for the following segments:
Market, By Feedstock
- CO2 Emissions
- Municipal Solid Waste
- Agricultural Waste
- Forestry Residues
- Others
Market, By Type
- E-Methanol
- Bio Methanol
Market, By Application
- Fuel Grade
- Chemical Feedstock
- Others
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
