Asia-pacific Renewable Methanol Market 2022-2028

Asia-pacific Renewable Methanol Market 2022-2028

MARKET OUTLOOK

Triton Market Research’s report on the Asia-Pacific renewable methanol market infers that the market is expected to advance in terms of value and volume at a CAGR of 3.73% and 1.94%, respectively, during the forecasting period 2022-2028. Australia & New Zealand, China, India, South Korea, Japan, ASEAN countries, and Rest of APAC shape the market in the region.

In India, the government plans to set up around 5 methanol plants based on high ash coal, along with a natural gas-based methanol production plant. Further, Cochin Shipyard Limited has built boats and vessels for the Inland Waterways Authority of India to employ methanol as a marine fuel. This has encouraged several educational institutions to develop technologies for renewable methanol production.

Furthermore, the Ministry of Road Transport, Highways, and Shipping launched a pilot project to purchase buses functioning on methanol. In this regard, the government plans to provide methanol-powered buses to the Pune Municipal Corporation. Therefore, these factors drive the renewable methanol market’s growth to a large extent.

South Korea, on the other hand, does not have a significant production of renewable methanol. Nevertheless, the developments in renewable fuel standards are expected to push industries to adopt renewable methanol. The government offers various tax benefits and subsidies for disseminating eco-friendly hybrid, electric, and hydrogen fuel cars. Moreover, the government aims to supply around 2000 hydrogen fuel cell buses by the end of 2022. In this regard, methanol works as an excellent hydrogen carrier fuel. Thus, these factors fuel the renewable methanol market’s growth.

COMPETITIVE OUTLOOK

The prominent companies in the renewable methanol market are Carbon Recycling International, Fraunhofer, Nordic Green, Sodra, Gujarat Narmada Valley Fertilizers & Chemicals Limited, and Advanced Chemical Technologies.


1. Asia-pacific Renewable Methanol Market - Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Renewable Methanol Market
2.2. Key Insights
2.2.1. Substitution Of Production Marine Fuels With Renewable Methanol
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Product Launches
2.7.2. Partnerships
2.7.3. Business Expansions
2.8. Market Drivers
2.8.1. Availability Of Renewable Methanol
2.8.2. Stringent Government Rules And Regulation
2.9. Market Challenges
2.9.1. Health Concerns
2.9.2. High Installation Cost
2.10. Market Opportunities
2.10.1. Shifting Trend Toward Sustainable Energy Source
3. Asia-pacific Renewable Methanol Market Outlook - By Application
3.1. Formaldehyde
3.2. Dme & Mtbe
3.3. Gasoline
3.4. Solvents
3.5. Other Applications
4. Asia-pacific Renewable Methanol Market Outlook - By Feedstock
4.1. Agricultural Waste
4.2. Forestry Residues
4.3. Municipal Solid Waste
4.4. Co2 Emissions
4.5. Other Feedstocks
5. Asia-pacific Renewable Methanol Market Outlook - By End-user
5.1. Chemical
5.2. Transportation
5.3. Power Generation
5.4. Other End-users
6. Asia-pacific Renewable Methanol Market – Country Outlook
6.1. China
6.2. Japan
6.3. India
6.4. South Korea
6.5. Asean Countries
6.6. Australia & New Zealand
6.7. Rest Of Asia-pacific
7. Competitive Landscape
7.1. Advanced Chemical Technologies
7.2. Basf Se
7.3. Carbon Recycling International
7.4. Enerkem
7.5. Fraunhofer
7.6. Innogy
7.7. Nordic Green
7.8. Oci Nv
7.9. Serenergy Sv
7.10. Sodra
7.11. Methanex Corporation
7.12. Methanol Holdings (Trinidad) Ltd
7.13. Gujarat Narmada Valley Fertilizers & Chemicals Limited
7.14. Southern Chemical Corporation
7.15. Atlantic Methanol
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
Table List
Table 1: Asia-pacific Renewable Methanol Market, By Country, 2022-2028 (In $ Million)
Table 2: Asia-pacific Renewable Methanol Market, By Country, 2022-2028 (In Kiloton)
Table 3: Vendor Scorecard
Table 4: List Of Product Launches
Table 5: List Of Partnerships
Table 6: List Of Business Expansions
Table 7: Asia-pacific Renewable Methanol Market, By Application, 2022-2028 (In $ Million)
Table 8: Asia-pacific Renewable Methanol Market, By Application, 2022-2028 (In Kiloton)
Table 9: Asia-pacific Renewable Methanol Market, By Feedstock, 2022-2028 (In $ Million)
Table 10: Asia-pacific Renewable Methanol Market, By Feedstock, 2022-2028 (In Kiloton)
Table 11: Asia-pacific Renewable Methanol Market, By End-user, 2022-2028 (In $ Million)
Table 12: Asia-pacific Renewable Methanol Market, By End-user, 2022-2028 (In Kiloton)
Table 13: Asia-pacific Renewable Methanol Market, By Country, 2022-2028 (In $ Million)
Table 14: Asia-pacific Renewable Methanol Market, By Country, 2022-2028 (In Kiloton)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Asia-pacific Renewable Methanol Market, Application Outlook, 2021 & 2028 (In %)
Figure 3: Asia-pacific Renewable Methanol Market, By Formaldehyde, 2022-2028 (In $ Million)
Figure 4: Asia-pacific Renewable Methanol Market, By Dme & Mtbe, 2022-2028 (In $ Million)
Figure 5: Asia-pacific Renewable Methanol Market, By Gasoline, 2022-2028 (In $ Million)
Figure 6: Asia-pacific Renewable Methanol Market, By Solvents, 2022-2028 (In $ Million)
Figure 7: Asia-pacific Renewable Methanol Market, By Other Applications, 2022-2028 (In $ Million)
Figure 8: Asia-pacific Renewable Methanol Market, Feedstock Outlook, 2021 & 2028 (In %)
Figure 9: Asia-pacific Renewable Methanol Market, By Agricultural Waste, 2022-2028 (In $ Million)
Figure 10: Asia-pacific Renewable Methanol Market, By Forestry Residues, 2022-2028 (In $ Million)
Figure 11: Asia-pacific Renewable Methanol Market, By Municipal Solid Waste, 2022-2028 (In $ Million)
Figure 12: Asia-pacific Renewable Methanol Market, By Co2 Emissions, 2022-2028 (In $ Million)
Figure 13: Asia-pacific Renewable Methanol Market, By Other Feedstocks, 2022-2028 (In $ Million)
Figure 14: Asia-pacific Renewable Methanol Market, End-user Outlook, 2021 & 2028 (In %)
Figure 15: Asia-pacific Renewable Methanol Market, By Chemical, 2022-2028 (In $ Million)
Figure 16: Asia-pacific Renewable Methanol Market, By Transportation, 2022-2028 (In $ Million)
Figure 17: Asia-pacific Renewable Methanol Market, By Power Generation, 2022-2028 (In $ Million)
Figure 18: Asia-pacific Renewable Methanol Market, By Other End-users, 2022-2028 (In $ Million)
Figure 19: Asia-pacific Renewable Methanol Market, Regional Outlook, 2021 & 2028 (In %)
Figure 20: China Renewable Methanol Market 2022-2028 (In $ Million)
Figure 21: Japan Renewable Methanol Market 2022-2028 (In $ Million)
Figure 22: India Renewable Methanol Market 2022-2028 (In $ Million)
Figure 23: South Korea Renewable Methanol Market 2022-2028 (In $ Million)
Figure 24: Asean Countries Renewable Methanol Market 2022-2028 (In $ Million)
Figure 25: Australia & New Zealand Renewable Methanol Market 2022-2028 (In $ Million)
Figure 26: Rest Of Asia-pacific Renewable Methanol Market 2022-2028 (In $ Million)

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