Global Clean Methanol (Green Methanol and Blue Methanol) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Clean Methanol (Green Methanol and Blue Methanol) market size was valued at US$ 1790 million in 2023 and is forecast to a readjusted size of USD 5328 million by 2030 with a CAGR of 18.2% during review period.

Clean methanol encompasses methanol production methods with significantly lower greenhouse gas emissions compared to conventional methanol from natural gas. It includes two main categories: Green Methanol and Blue Methanol. Green Methanol is produced from renewable sources like biomass (biomethanol), renewable electricity and captured CO2 (e-methanol). Blue Methanol is produced from natural gas with carbon capture and storage (CCS) technologies to mitigate CO2 emissions. Both offer a pathway to reduce the carbon footprint of methanol used as a fuel or chemical feedstock.

The industry trend for clean methanol (both green and blue) is experiencing substantial growth driven by the global transition towards decarbonization and sustainable energy solutions. Increasing regulatory pressure to reduce greenhouse gas emissions across various sectors, including shipping, transportation, and chemicals, is a primary driver. In the shipping sector, the International Maritime Organization's (IMO) targets for emissions reduction are pushing the adoption of alternative fuels like methanol. In the transportation sector, the increasing focus on electric vehicles and alternative fuels is also contributing to the growing interest in methanol. The chemical industry is exploring the use of clean methanol as a sustainable feedstock for producing various chemicals and materials. Several factors are contributing to the increased adoption of clean methanol. Firstly, advancements in production technologies for both green and blue methanol are improving their efficiency and cost-competitiveness. Secondly, growing investments in renewable energy infrastructure and carbon capture technologies are making these production pathways more feasible. Thirdly, increasing collaboration between industry players, including methanol producers, shipping companies, and technology providers, is facilitating the development of supply chains and bunkering infrastructure. While green methanol is considered the long-term sustainable solution, blue methanol is seen as a crucial transitional fuel that can be deployed more readily using existing natural gas infrastructure. The combination of both green and blue methanol is expected to play a vital role in the transition to a low-carbon economy.

This report is a detailed and comprehensive analysis for global Clean Methanol (Green Methanol and Blue Methanol) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Clean Methanol (Green Methanol and Blue Methanol) market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Clean Methanol (Green Methanol and Blue Methanol) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Clean Methanol (Green Methanol and Blue Methanol) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030

Global Clean Methanol (Green Methanol and Blue Methanol) market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Clean Methanol (Green Methanol and Blue Methanol)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Clean Methanol (Green Methanol and Blue Methanol) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include OCI Global, ReNew Energy Global, ABEL Energy, Orsted, Goldwind, Windey Energy Technology Group, Lake Charles Methanol II, Methanex, Eurenco, Atlantic Methanol, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Clean Methanol (Green Methanol and Blue Methanol) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Green Methanol
Blue Methanol

Market segment by Application
Chemical Raw Material
Fuel Energy
Others

Major players covered
OCI Global
ReNew Energy Global
ABEL Energy
Orsted
Goldwind
Windey Energy Technology Group
Lake Charles Methanol II
Methanex
Eurenco
Atlantic Methanol
Casale

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Clean Methanol (Green Methanol and Blue Methanol) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Clean Methanol (Green Methanol and Blue Methanol), with price, sales quantity, revenue, and global market share of Clean Methanol (Green Methanol and Blue Methanol) from 2019 to 2024.

Chapter 3, the Clean Methanol (Green Methanol and Blue Methanol) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Clean Methanol (Green Methanol and Blue Methanol) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Clean Methanol (Green Methanol and Blue Methanol) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Clean Methanol (Green Methanol and Blue Methanol).

Chapter 14 and 15, to describe Clean Methanol (Green Methanol and Blue Methanol) sales channel, distributors, customers, research findings and conclusion.