Green Methanol Global Market Report 2022: Rising Use of Green Methanol in the Chemical Industry Boosts Growth - ResearchAndMarkets.com
The global green methanol market is projected to reach $3,149.05 million by 2031 from $122.35 million in 2021, growing at a CAGR of 39.63% during the forecast period 2022-2031
DUBLIN--(BUSINESS WIRE)--Nov 7, 2022--
The "Green Methanol Market - A Global and Regional Analysis: Focus on End-Use Industry, Application, Methanol Type, and Region - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
The global green methanol market is projected to reach $3,149.05 million by 2031 from $122.35 million in 2021, growing at a CAGR of 39.63% during the forecast period 2022-2031.
Green methanol or renewable methanol is produced from a variety of sources such as biomasses, including forestry and agricultural waste, byproducts, biogas, sewage, municipal solid waste (MSW), black liquor from the pulp and paper industry, carbon dioxide, and green hydrogen produced with renewable electricity. Methanol produced from biomass is called bio-methanol, and the one produced from CO2, green hydrogen, and renewable electricity is known as e-methanol.