세계의 재생 가능 메탄올 시장 예측(-2032년) : 원료 유형, 판매 채널, 용도, 최종 사용자, 지역별 분석

According to Stratistics MRC, the Global Renewable Methanol Market is accounted for $4.4 billion in 2025 and is expected to reach $7.5 billion by 2032 growing at a CAGR of 7.8% during the forecast period. Renewable methanol is a sustainable form of methanol produced from renewable resources, such as biomass, carbon dioxide (CO2), or green hydrogen, rather than from fossil fuels. This process typically involves using renewable energy sources like wind, solar, or hydroelectric power to split water molecules into hydrogen, which is then combined with CO2 captured from the atmosphere or industrial emissions. The result is a clean, carbon-neutral fuel that can be used in various applications, including transportation, power generation, and as a feedstock for the chemical industry.

According to the Methanol Institute, China is set to account for over 90% of the regional production and consumption by the end of 2025. According to the European Commission, Europe's transport sector contributes nearly 5% to the EU's total GDP.

Market Dynamics:

Driver:

Growing focus on reducing carbon emissions

The market is experiencing a growing focus on reducing carbon emissions as part of global sustainability efforts. As industries and governments prioritize decarbonization, renewable methanol produced from biomass, CO2, or renewable electricity offers a cleaner alternative to fossil-based methanol. This shift supports carbon-neutral solutions for sectors like transportation, chemicals, and energy. With increasing investments in green technologies and policies, the demand for renewable methanol is expected to rise, contributing significantly to lowering carbon footprints and achieving climate goals.

Restraint:

Feedstock availability and competition

Feedstock availability and competition pose challenges in the market. The production of renewable methanol relies on materials like biomass, CO2, and renewable electricity, which may face supply constraints. Increased competition for these feedstocks, especially from other industries like biofuels and agriculture, can drive up costs and limit production scalability. Additionally, inconsistent feedstock availability due to factors like climate change or market fluctuations can disrupt supply chains, hindering the growth and stability of the market.

Opportunity:

Rising demand for sustainable fuels

The demand for sustainable fuels is rising in the market as industries seek greener alternatives to traditional fossil fuels. With growing concerns over climate change, renewable methanol, produced from biomass, CO2, or renewable energy, is gaining traction in sectors like transportation, power generation, and chemicals. Governments and companies are increasingly investing in clean energy solutions, driving the adoption of renewable methanol. This trend reflects a broader shift toward reducing carbon emissions and promoting environmental sustainability in global energy markets.

Threat:

Public perception and awareness

Public perception and awareness can negatively impact the market, as many consumers may lack understanding of its benefits and environmental advantages. Misconceptions about renewable methanol's production processes or its sustainability could hinder widespread acceptance and adoption. Without sufficient education on its role in reducing carbon emissions and supporting green energy, individuals and industries may be reluctant to switch from traditional fuels. This limited awareness could slow down the market's growth and delay the transition to cleaner energy solutions.

Covid-19 Impact

The COVID-19 pandemic had a significant impact on the market, disrupting supply chains and slowing down production due to lockdowns and reduced industrial activity. Economic uncertainty and shifts in global energy demand also led to delays in investments and projects. However, the pandemic also heightened awareness of sustainability and environmental issues, creating renewed interest in green fuels. As recovery progresses, there is potential for accelerated growth in the renewable methanol market as industries focus on sustainable, post-pandemic energy solutions.

The agricultural waste segment is expected to be the largest during the forecast period

The agricultural waste segment is expected to account for the largest market share during the forecast period. Utilizing residues like crop stalks, husks, and manure, renewable methanol can be produced through gasification or biochemical processes, reducing reliance on fossil fuels. This approach not only adds value to agricultural byproducts but also helps minimize environmental pollution. As interest in circular economy practices grows, the use of agricultural waste supports carbon reduction goals and enhances the overall sustainability of renewable methanol production.

The automotive segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the automotive segment is predicted to witness the highest growth rate, as manufacturers and policymakers seek cleaner fuel alternatives to reduce greenhouse gas emissions. Renewable methanol can be used directly in modified engines or as a hydrogen carrier in fuel cells, offering a low-carbon solution for transportation. Its compatibility with existing infrastructure makes it a practical choice for reducing fossil fuel dependence. As demand for sustainable mobility grows, renewable methanol presents a promising option for decarbonizing the automotive industry.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share driven by increasing environmental regulations. Countries like China, Japan, and India are investing in renewable methanol production from biomass and CO2, aiming to reduce dependence on fossil fuels. Technological advancements and strategic partnerships are further accelerating market expansion. The region's robust industrial base and growing transportation sector offer substantial opportunities for renewable methanol adoption in coming years.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to rising demand for sustainable fuels and supportive government policies promoting clean energy. Produced from biomass, CO2, and renewable hydrogen, renewable methanol serves as an eco-friendly alternative in transportation, marine fuel, and chemical industries. Key players are investing in production technologies and infrastructure, particularly in the U.S. and Canada.

Key players in the market

Some of the key players profiled in the Renewable Methanol Market includes SABIC, Sodra, BASF SE, Maersk, Nordic Green, Advent Technologies, Aker Clean Hydrogen, SFC Energy AG, Innogy SE, Oorja Fuel Cells, Fraunhofer Institute, Advanced Chemical Technologies, Inc., Shell, Rho Ventures and Waste Management Inc.

Key Developments:

In September 2024, SABIC, a global leader in the chemical industry, today announced the launch of its new certified low carbon product portfolio. As part of the company's 2050 carbon neutrality pledge, this initiative will help support our customers and value chain to achieve their sustainability goals when looking for products with lower product carbon footprint.

In January 2024, BASF process catalysts, a leading provider of innovative catalyst technology, announced a new collaboration with Envision Energy, a leading green technology provider of comprehensive net zero solutions. The collaboration aims to further develop the conversion of green hydrogen and CO2 into e-methanol through an advanced, dynamic process design.

Feedstock Types Covered:

• Agricultural Waste
• Forestry Residues
• Municipal Solid Waste (MSW)
• CO2 Emissions
• Other Feedstock Types

Sales Channels Covered:

• Direct Sales
• Distributors
• Online Sales Platforms

Applications Covered:

• Formaldehyde
• Plastics
• Methyl Tert-Butyl Ether (MTBE)
• Acetic Acid
• Solvents
• Gasoline
• Dimethyl Ether (DME)
• Other Applications

End Users Covered:

• Automotive
• Chemicals
• Construction
• Power & Energy
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Renewable Methanol Market, By Feedstock Type

• 5.1 Introduction
• 5.2 Agricultural Waste
• 5.3 Forestry Residues
• 5.4 Municipal Solid Waste (MSW)
• 5.5 CO2 Emissions
• 5.6 Other Feedstock Types

6 Global Renewable Methanol Market, By Sales Channel

• 6.1 Introduction
• 6.2 Direct Sales
• 6.3 Distributors
• 6.4 Online Sales Platforms

7 Global Renewable Methanol Market, By Application

• 7.1 Introduction
• 7.2 Formaldehyde
• 7.3 Plastics
• 7.4 Methyl Tert-Butyl Ether (MTBE)
• 7.5 Acetic Acid
• 7.6 Solvents
• 7.7 Gasoline
• 7.8 Dimethyl Ether (DME)
• 7.9 Other Applications

8 Global Renewable Methanol Market, By End User

• 8.1 Introduction
• 8.2 Automotive
• 8.3 Chemicals
• 8.4 Construction
• 8.5 Power & Energy
• 8.6 Other End Users

9 Global Renewable Methanol Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 SABIC
• 11.2 Sodra
• 11.3 BASF SE
• 11.4 Maersk
• 11.5 Nordic Green
• 11.6 Advent Technologies
• 11.7 Aker Clean Hydrogen
• 11.8 SFC Energy AG
• 11.9 Innogy SE
• 11.10 Oorja Fuel Cells
• 11.11 Fraunhofer Institute
• 11.12 Advanced Chemical Technologies, Inc.
• 11.13 Shell
• 11.14 Rho Ventures
• 11.15 Waste Management Inc.