Green Methanol Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Feedstock, By Type, By Application, By Region, & Competition, 2020-2030F
Global Green Methanol market was valued at USD 241.14 Million in 2024 and is expected to reach USD 496.76 Million by 2030 with a CAGR of 12.80%. The global green methanol market is rapidly emerging as a key component within the clean energy and low-carbon chemicals sector. As governments and corporations accelerate efforts to achieve climate goals, green methanol produced using renewable hydrogen and sustainable carbon sources is gaining substantial strategic and commercial importance across a wide range of industries.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 241.14 Million
Market Size 2030
USD 496.76 Million
CAGR 2025-2030
12.80%
Fastest Growing Segment
Carbon dioxide (CO2) Emissions
Largest Market
Europe
Positioned as a critical enabler of the global energy transition, green methanol offers a practical decarbonization solution for sectors where electrification is either limited or unfeasible. With increasing regulatory support, advancing technological efficiency, and rising demand across fuel, chemical, and transport applications, the market is evolving from pilot-scale projects to full-scale commercial deployment.
The green methanol market represents a high-growth, innovation-led opportunity with strong potential for long-term value creation. It presents a compelling proposition not only in clean fuel alternatives but also in sustainable chemical production, low-carbon logistics, and circular economy models making it a promising area for strategic investment, industrial transformation, and environmental leadership.
Key Market Drivers
Rising Demand for Clean Marine and Aviation Fuels
The aviation industry contributes 2-3% of global CO2 emissions and is under rising scrutiny from regulators and climate-conscious consumers. With electrification and hydrogen-powered flight still decades away from commercialization at scale, sustainable aviation fuels (SAFs) are viewed as the most immediate path to emissions reduction. Green methanol is increasingly being recognized as a precursor for synthetic jet fuels. When processed through technologies like methanol-to-jet (MTJ), green methanol can be converted into drop-in SAFs that meet existing aviation fuel standards. Government mandates and incentives such as the ReFuelEU Aviation initiative and SAF blending quotas in the U.S. and Europe are expected to create sustained demand for methanol-derived e-fuels over the next two decades. Major carriers are exploring partnerships with green methanol producers to secure SAF feedstocks. Airlines are increasingly including methanol-based e-fuels in their carbon reduction strategies, particularly for long-haul flights where electrification is not feasible.
The simultaneous uptake of green methanol in both marine and aviation sectors is creating a dual-market pull, leading to greater economies of scale for producers. This rising demand is justifying investments in large-scale production facilities across Europe, North America, and the Middle East, further accelerating market growth. The rising demand for clean fuels in marine and aviation sectors is not merely a supportive trend it is a structural shift that is fundamentally transforming the fuel value chain. Green methanol stands at the intersection of regulatory compliance, commercial readiness, and environmental performance, making it a highly attractive solution for both industries. As shipping and aviation continue their transition to sustainable operations, green methanol will play a central role, thereby serving as a key growth engine for the global market.
Key Market Challenges
Underdeveloped Infrastructure and Supply Chain Limitations
The green methanol market currently lacks a mature and standardized infrastructure to support widespread production, distribution, and consumption. This includes everything from electrolyzer installations and CO2 capture systems to storage, transport, and refueling facilities.
Limited bunkering and fueling stations for methanol, especially in emerging maritime hubs. Insufficient pipeline and storage infrastructure for CO2 and hydrogen feedstocks, which affects supply chain efficiency. Transport and logistics constraints due to the chemical's flammability and toxicity, which require specialized handling and safety compliance. Lack of harmonized technical standards and fuel certification protocols, which creates fragmentation and limits interoperability across regions.
These gaps create logistical bottlenecks and scaling difficulties. Even if production capacity increases, the lack of downstream infrastructure may hinder green methanol's ability to reach key demand centers, such as ports, industrial clusters, or aviation hubs.
Key Market Trends
Strategic Integration of Green Methanol into Industrial Decarbonization Roadmaps
Green methanol is increasingly being positioned not just as a fuel, but as a core building block in broader industrial decarbonization strategies. Companies across sectors including chemicals, steel, cement, and heavy manufacturing are exploring green methanol as a sustainable carbon source to replace fossil-derived feedstocks, thereby lowering the embedded carbon footprint of their products.
Leading chemical manufacturers are reconfiguring existing methanol-to-olefins (MTO) and methanol-to-propylene (MTP) units to accommodate low-carbon methanol, offering "green" alternatives for plastics, adhesives, and solvents. Integrated industrial parks are being planned with on-site CO2 capture and green methanol production, creating closed-loop ecosystems. Industries are including green methanol in their Scope 3 emissions strategies, enabling downstream customers to decarbonize.
As green methanol moves from an energy transition solution to a core enabler of sustainable industrial processes, its demand will no longer be confined to fuels alone but will expand across the materials and manufacturing value chain.
Key Market Players
OCI N.V.
Methanex Corporation
Enerkem Inc.
Carbon Recycling International
Sodra Skogsagarna
BASF SE
Topsoe A/S
Liquid Wind AB
Eni S.p.A.
ABEL Energy Pty Ltd
Report Scope:
In this report, the Global Green Methanol Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Green Methanol Market, By Feedstock:
CO2 Emissions
Municipal Solid Waste
Agricultural Waste
Forestry Residues
Others
Green Methanol Market, By Type:
E-Methanol
Bio Methanol
Green Methanol Market, By Application:
Fuel Grade
Chemical Feedstock
Others
Green Methanol Market, By Region:
North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Green Methanol Market.
Available Customizations:
Global Green Methanol market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Impact of COVID-19 on Global Green Methanol Market
6. Global Green Methanol Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Feedstock (CO2 Emissions, Municipal Solid Waste, Agricultural Waste, Forestry Residues, Others)
6.2.2. By Type (E-Methanol, Bio Methanol)
6.2.3. By Application (Fuel Grade, Chemical Feedstock, Others)
6.2.4. By Region
6.2.5. By Company (2024)
6.3. Market Map
7. North America Green Methanol Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Feedstock
7.2.2. By Type
7.2.3. By Application
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Green Methanol Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Feedstock
7.3.1.2.2. By Type
7.3.1.2.3. By Application
7.3.2. Canada Green Methanol Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Feedstock
7.3.2.2.2. By Type
7.3.2.2.3. By Application
7.3.3. Mexico Green Methanol Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Feedstock
7.3.3.2.2. By Type
7.3.3.2.3. By Application
8. Europe Green Methanol Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Feedstock
8.2.2. By Type
8.2.3. By Application
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. Germany Green Methanol Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Feedstock
8.3.1.2.2. By Type
8.3.1.2.3. By Application
8.3.2. United Kingdom Green Methanol Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Feedstock
8.3.2.2.2. By Type
8.3.2.2.3. By Application
8.3.3. Italy Green Methanol Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Feedstock
8.3.3.2.2. By Type
8.3.3.2.3. By Application
8.3.4. France Green Methanol Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Feedstock
8.3.4.2.2. By Type
8.3.4.2.3. By Application
8.3.5. Spain Green Methanol Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Feedstock
8.3.5.2.2. By Type
8.3.5.2.3. By Application
9. Asia-Pacific Green Methanol Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Feedstock
9.2.2. By Type
9.2.3. By Application
9.2.4. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Green Methanol Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Feedstock
9.3.1.2.2. By Type
9.3.1.2.3. By Application
9.3.2. India Green Methanol Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Feedstock
9.3.2.2.2. By Type
9.3.2.2.3. By Application
9.3.3. Japan Green Methanol Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Feedstock
9.3.3.2.2. By Type
9.3.3.2.3. By Application
9.3.4. South Korea Green Methanol Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value & Volume
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Feedstock
9.3.4.2.2. By Type
9.3.4.2.3. By Application
9.3.5. Australia Green Methanol Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value & Volume
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Feedstock
9.3.5.2.2. By Type
9.3.5.2.3. By Application
10. South America Green Methanol Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Feedstock
10.2.2. By Type
10.2.3. By Application
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Green Methanol Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Feedstock
10.3.1.2.2. By Type
10.3.1.2.3. By Application
10.3.2. Argentina Green Methanol Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Feedstock
10.3.2.2.2. By Type
10.3.2.2.3. By Application
10.3.3. Colombia Green Methanol Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Feedstock
10.3.3.2.2. By Type
10.3.3.2.3. By Application
11. Middle East and Africa Green Methanol Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Feedstock
11.2.2. By Type
11.2.3. By Application
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Green Methanol Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value & Volume
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Feedstock
11.3.1.2.2. By Type
11.3.1.2.3. By Application
11.3.2. Saudi Arabia Green Methanol Market Outlook