Renewable Methanol Market is estimated to be valued at USD 247.5 Mn in 2025 and is expected to reach USD 421.4 Mn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 247.5 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.90%
2032 Value Projection:
USD 421.4 Mn
Renewable methanol is derived from renewable sources such as biomass, municipal waste, and industrial CO2. It is considered as a second-generation biofuel. Renewable methanol can be used as a transportation fuel or as feedstock in chemicals. This fuel emits less amount of carbon emissions and can be used with motor fuels in order to improve their octane number. Power generation, manufacturing industries, and transportation are some of the major end users of renewable methanol.
Market Dynamics
The renewable methanol market has witnessed growth in the recent few years. The growing use of fuel-blended renewable methanol is expected to be a major market trend. According to the Coherent Market Insights analysis, China and Japan had passed various policies mandating the use of fuel blended with renewable methanol by the end of 2022. Thus the growing use of fuel-blended renewable methanol is expected to augment the market growth over the forecast period.
Partnerships and collaborations are a major trend observed in the market due to the growing focus of manufacturers to expand their product portfolios and presence at the regional and global levels. For instance, A.P. Moller - Maersk a company which deals with transportation services, logistics & supply chain and digital solutions decided to boost the global production capacity of green methanol and for that in year 2022 it has entered in strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025.
Key features of the study
This report provides an in-depth analysis of renewable methanol market size (USD Mn), and Compound Annual Growth Rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading players.
It profiles leading players in the renewable methanol market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
The key companies covered as a part of this study include Methanex Corporation, Carbon Recycling International, BioMCN, Enerkem, Chemrec Inc., and Varmlands Methanol.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, technology upgrade, market expansion, and marketing tactics.
The renewable methanol market report caters to various stakeholders in this industry including investors, suppliers, renewable methanol manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the renewable methanol market.
Market Segmentation
Global Renewable Methanol Market, By Primary Source
Biomass
Municipal Waste
Industrial Waste
Others
Global Renewable Methanol Market, By Application
Formaldehyde
Methyl Tert-butyl Ether (MTBE)
Gasoline
Dimethyl Ether
Solvents
Others
Global Renewable Methanol Market, By Region
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
GCC
Israel
Rest of Middle East
Africa
Central Africa
South Africa
Company Profiles
Methanex Corporation
Carbon Recycling International
BioMCN
Enerkem
Chemrec Inc.
Varmlands Methanol
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Primary Source
Market Snapshot, By Application
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trend Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New Product Approvals/Launches
Promotion and Marketing Initiatives
Cost Tier Down Analysis
4. Global Renewable Methanol Market, By Primary Source, 2025 - 2032 (USD Mn and Tons)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Biomass
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Municipal Waste
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Industrial Waste
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
5. Global Renewable Methanol Market, By Application, 2020-2032 (USD Mn and Tons)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Formaldehyde
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Methyl Tert-butyl Ether (MTBE)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Gasoline
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Dimethyl Ether
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Solvents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn and Tons)
6. Global Renewable Methanol Market, By Region, 2020-2032 (USD Mn and Tons)
Introduction
Market Share Analysis, By Region, 2025 and 2032
Y-o-Y Growth Analysis, By Region, 2020-2032 (%)
North America
Market Share Analysis, By Country, 2025 and 2032
Y-o-Y Growth Analysis, By Country, 2020-2032 (%)
U.S.
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032 (USD Mn and Tons)
Canada
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Europe
Market Share Analysis, By Country, 2025 and 2032
Y-o-Y Growth Analysis, By Country, 2020 - 2032 (%)
U.K.
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Germany
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032 (USD Mn and Tons)
France
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Italy
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Spain
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Russia
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Rest of Europe
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Asia Pacific
Market Share Analysis, By Country, 2025 and 2032
Y-o-Y Growth Analysis, By Country, 2020 - 2032(%)
China
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
India
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Japan
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
ASEAN
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Australia
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
South Korea
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Latin America
Market Share Analysis, By Country, 2025 and 2032
Y-o-Y Growth Analysis, By Country, 2020 - 2032(%)
Brazil
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Mexico
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Argentina
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Rest of Latin America
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Middle East
Market Share Analysis, By Country, 2025 and 2032
Y-o-Y Growth Analysis, By Country, 2020 - 2032(%)
GCC
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Israel
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Rest of Middle East
Country Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Africa
Market Share Analysis, By Sub-region, 2025 and 2032
Y-o-Y Growth Analysis, By Sub-region, 2020 - 2032(%)
North Africa
Sub-region Trends
Market Size and Forecast, By Primary Source, 2020-2032(USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
Central Africa
Sub-region Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)
South Africa
Sub-region Trends
Market Size and Forecast, By Primary Source, 2020-2032 (USD Mn and Tons)
Market Size and Forecast, By Application, 2020-2032(USD Mn and Tons)