The Global Green Methanol Market is projected to grow at a CAGR of around 4.9% during the forecast period, i.e., 2022-27.                                                                

Global Green Methanol Market Dynamics:

Key Driver: Rising Adoption of Green Methanol in the Shipping Industry

With strict norms for the maritime industry to reduce the sulfur level in their shipping fuels, shipping enterprises are opting for sulfur-less fuel alternatives in order to combat these stringent regulations and contribute to a greener future.

Since green methanol does not comprise sulfur & zero or a negligible amount of nitrogen oxide, it makes it an ideal fuel for the maritime industry. Various shipping companies worldwide, especially across Europe, have started using methanol as a fuel and are expanding their fleet size. Hence, the mounting adoption of renewable methanol in the shipping industry to mitigate rapid climate changes & meet carbon-neutral targets would drive the Global Green Methanol Market during 2022-27.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Green Methanol Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2021

-Historical Period: 2017 to 2020

-Forecast Period: 2022-27

• By Feedstock
  • Biomass
    • Agricultural Waste
    • Forestry Residues
    • Municipal Solid Waste (MSW)
  • CO2
    • Industrial Emissions
    • Captured CO2
  • Renewable Hydrogen
  • Others
• By Application
  • Formaldehyde
  • MTO (Methanol to Olefins)
  • Dimethyl Ether (DME) & Methyl Tert-Butyl Ether (MTBE)
  • Gasoline
  • Solvents
  • Others
• By End-User
  • Chemical
  • Transportation (includes Shipping)
  • Power Generation
  • Automotive
  • Others
• By Region
  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Advanced Chemical Technologies, BASF SE, BioMCN, Carbon Recycling International, Enerkem, European Energy, Nordic Green, NREL, SABIC (Saudi Basic Industries Corporation), Södra Skogsägarna, and Vertimass, among others

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