Global E-methanol Market Growth 2024-2030
E-Methanol, also known as green methanol or renewable methanol, represents the next step in sustainable fuel technology. It is produced through environmentally friendly processes that utilize renewable energy sources, such as solar, wind, or hydroelectric power, to convert carbon dioxide and water into methanol. This innovative approach not only offers a renewable fuel option but also contributes to the reduction of atmospheric CO2 levels, a key factor in combating climate change.
E-methanol consists of using low-carbon hydrogen, produced by means of water electrolysis, and carbon recycled from industrial processes (biomass boilers, incinerators, etc.), subsequently synthesised in a methanolation reactor, and distilled to achieve the desired purity.
The global E-methanol market size is projected to grow from US$ 452 million in 2024 to US$ 26860 million in 2030; it is expected to grow at a CAGR of 97.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “E-methanol Industry Forecast” looks at past sales and reviews total world E-methanol sales in 2023, providing a comprehensive analysis by region and market sector of projected E-methanol sales for 2024 through 2030. With E-methanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world E-methanol industry.
This Insight Report provides a comprehensive analysis of the global E-methanol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on E-methanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global E-methanol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for E-methanol and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global E-methanol.
The core manufacturers in global E-methanol market are OCI, BASF and Enerkem, etc, accounting for 61% market share. OCI is the world's largest E-methanol manufacturer, occupying approximately 31% of the market share. From the perspective of product type, Waste Sourced accounted for a share of 88% in the global E-methanol market. In terms of application, Bio-diesel holds the largest share, accounting for 59% share.
This report presents a comprehensive overview, market shares, and growth opportunities of E-methanol market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Waste Sourced
By-Product Sourced
Segmentation by Application:
Gasoline Blending
Bio-diesel
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
OCI N.V.
Methanex
Enerkem
Södra
Alberta Pacific
BASF
Carbon Recycling International
Liquid Wind
ReIntegrate
CRI
Andes Mining and Energy
Key Questions Addressed in this Report
What is the 10-year outlook for the global E-methanol market?
What factors are driving E-methanol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do E-methanol market opportunities vary by end market size?
How does E-methanol break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.