Green Methanol Market Industry Leaders Outlook 2024
Green Methanol Market Industry Leaders Outlook 2024, New Revenue Pockets, Recent Development & FAQ
The global Green Methanol market is projected to grow from USD 1.9 billion in 2024 to USD 11.1 billion by 2030, at a CAGR of 33.8% during the forecast period. Growing demand for sustainable fuels & feedstocks and stringent emissions regulations are fueling the growth of the green methanol...
Natural Gas and Coal Feedstocks Propel Methanol Market Growth: Global Forecast to 2028
The global methanol market is projected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. Methanol, also known as wood alcohol, is a light, volatile, colorless, flammable liquid with a distinctive odor similar to ethanol. It is used primarily as a feedstock in chemical manufacturing, including formaldehyde, acetic acid, and MTBE production. Methanol...
Methanol Market Set to Hit $38 Billion by 2028, Fueled by Dynamic Feedstock Choices and Diverse Derivatives
The methanol market is projected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. The growth in the market is driven by the rising demand in various end-use industries such as automotive, pharmaceutical, construction, among others.
Companies such as Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy...
Hydrogen Market Could Reach $410.6 billion by 2030, Says Report
The global hydrogen market is projected to reach USD 410.6 billion by 2030 from an estimated USD 242.7 billion in 2023, at a CAGR of 7.8% during the forecast period. With the rapid adoption of renewable energy producing methods around the world, the need for storing renewable energy in the form of hydrogen has skyrocketed. As a result, several green hydrogen initiatives have been launched.
Key...
Methanol Market Evolution: From Chemical Feedstock to Renewable Resource
Methanol, also known as methyl alcohol or wood alcohol, is a colorless, flammable liquid with a chemical formula CH3OH. It’s the simplest form of alcohol and is used as a versatile industrial chemical, solvent, and fuel source. Methanol is produced primarily from natural gas or biomass through a chemical process. It has applications in various industries, including fuel blending, chemical synthesis,...
Methanol Market Outlook 2021-2026: Forecasts, Key Players, and Growth Drivers
Methanol is a colorless, extremely flammable, poisonous, and volatile liquid with the chemical formula CH3OH. It is the most basic alcohol, consisting of one carbon atom, three hydrogen atoms, and one oxygen atom. Methanol is also known as wood alcohol since it was initially manufactured by the destructive distillation of wood. Methanol is a common solvent, fuel, and feedstock for the synthesis of...
Methanol: A Growing Demand in the Global Market
Methanol is a colorless, volatile, and flammable liquid with a distinctive odor. It is a light, flammable liquid that evaporates quickly, making it a popular choice for a variety of industrial uses and products. Methanol is a basic chemical building block used in a wide range of products, including solvents, antifreeze, fuel cells, plastics, paints, adhesives, and pharmaceuticals. Methanol’s...
Methanex Corporation (Canada) and HELM Proman Methanol AG are Leading Players in the Methanol Market
The global methanol market is anticipated to grow from USD 30.7 billion in 2021 to USD 36.3 billion by 2026, at a CAGR of 3.4% from 2021 to 2026. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of methanol ranging from automotive to the pharmaceutical industry. Increasing demand from Asia Pacific will further drive...
Methanol Market Worth $26.6 Billion By 2025 | At A CAGR of 5.5%
The Methanol market size is expected to grow at a CAGR of 5.5%, by value, during the forecast period. The market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025. Thedriving factors for Methanol market is its growing demand from automotive industry.
COVID-19 Impact on the Methanol Market
The global Methanol market includes major Tier I and II suppliers...