openPR Logo
Press release

Renewable Methanol Market to Register Stunning Growth | Key Players – BASF SE, Advanced Chemical Technologies, Enerkem, Fraunhofer, Carbon Recycling International

03-05-2021 06:05 PM CET | Energy & Environment

Press release from: Allied Market Research

Renewable Methanol Market

Renewable Methanol Market

Growing demand for sustainable energy sources, ease of availability of renewable methanol, and stringent government regulation to reduce the CO2 emission drive the growth of the global renewable methanol market. However, lack of infrastructure and high installation cost hinder the market growth. On the other hand, the conversion of industrial and agricultural wastages into renewable methanol create new opportunities for the market player in the coming years.

According to the report published by Allied Market Research, the global renewable methanol market generated $3.3 billion in 2019, and is estimated to reach $5.3 billion by 2027, registering a CAGR of 5.8% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Download Free PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1980

Covid-19 scenario:

Due to lockdown in several countries, industries such as transportation and chemicals that broadly uses renewable methanol have partially or completely shut down their operations. Thus, the demand for renewable methanol is expected to decline as it is widely used across these industries. The COVID-19 pandemic is receding slowly in countries such as China and India and governments are now lifting the lockdown to start the industrial activities. This is likely to be a huge opportunity for several renewable methanol manufacturers in these countries to generate maximum revenue.

The report offers a detailed segmentation of the global renewable methanol market based on feedstock, application, end-user industry, and region. Based on feedstock, the municipal solid waste segment contributed to the largest share in 2019, accounting for more than one-third of the total share, and is estimated to maintain its dominant position during the forecast period. However, the CO2 emission segment is estimated to portray the highest CAGR of 8.3% during the forecast period.

Based on end-user industry, the transportation segment accounted for the largest share in 2019, holding more than one-third of the total share, and is expected to maintain the largest share throughout the forecast period. However, the power generation segment is expected to register the highest CAGR of 6.7% from 2020 to 2027.

Based on region, Asia-Pacific contributed the highest share, accounting for more than three-fifths of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, North America is expected to grow at the highest CAGR of 7.7% from 2020 to 2027.

Leading market players analyzed in the research include BASF SE, Advanced Chemical Technologies, Enerkem, Fraunhofer, Carbon Recycling International, Nordic Green, Innogy, Nouryon, Serenergy A/S, OCI N.V., and Sodra.

Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/renewable-methanol-market/purchase-options

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Renewable Methanol Market to Register Stunning Growth | Key Players – BASF SE, Advanced Chemical Technologies, Enerkem, Fraunhofer, Carbon Recycling International here

News-ID: 2253071 • Views: 668

More Releases from Allied Market Research

Aviation Analytics Market 2021-2027 : Comprehensive Analysis, Top Key Players An …
According to a new report published by Allied Market Research, titled, "Aviation Analytics Market by Product Type (Carbon Steel, Diamond Edged, Multi Hole Saws, Specialty Hole Saws, and Others), by End-user Industry (Commercial and Domestic), and by Application (Wet Drilling and Dry Drilling) - Global Opportunity Analysis and Industry Forecast, 2020-2023." The report has offered an all-inclusive analysis of the global aviation analytics Market taking into consideration all the crucial
Automotive Sunroof Market Statistics 2026: Major Factors that can Increase the G …
According to a new report published by Allied Market Research, titled, "Automotive Sunroof Market by Product Type (Carbon Steel, Diamond Edged, Multi Hole Saws, Specialty Hole Saws, and Others), by End-user Industry (Commercial and Domestic), and by Application (Wet Drilling and Dry Drilling) - Global Opportunity Analysis and Industry Forecast, 2020-2025." The report has offered an all-inclusive analysis of the global automotive sunroof Market taking into consideration all the crucial
Automotive Electronic Control Unit (ECU) Market Growth Analysis By Manufacturers …
The global automotive electronic control unit (AECU) market is estimated to reach $49,893 million by 2022 from $32,054 million in 2015. Asia-Pacific accounted for the highest share in 2015, and is anticipated to maintain its dominance throughout the forecast period. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2265 The Objective of the "Global Automotive Electronic Control Unit (ECU) Market" report is to depict the trends and upcoming for the Automotive Electronic Control Unit (ECU) industry
Reverse Logistics Market COVID-19 Impact, Analysis, Status and Leading Global Co …
The global reverse logistics market generated $415.2 billion in 2017 and is expected to reach $603.90 billion by 2025, growing at a CAGR of 4.6% from 2017 to 2025. The research offers a detailed analysis of changing market dynamics, key investment pockets, major segments, and market competition. Although the market size of the market is studied and predicted from 2019 to 2025 mulling over 2018 as the base year of the

All 5 Releases


More Releases for Renewable

Renewable Energy Market Comprehensive Study by Leading Key Players: AREVA Renewa …
HTF MI recently introduced Global Renewable Energy Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are EnBW, Duke Energy, Southern Company, Exelon Corporation, Hawaiian Electric, RWE Group,
Transforming Saudi’s Renewable Energy
The National Renewable Energy Program is trending in Saudi. The program is designed to achieve long-term economic stability and prosperity in the KSA. The Kingdom is targeting the generation of 3.45 gigawatts (GW) of renewable energy by 2020 and 9.5GW by 2023. The vision is supported by an abundant solar resource, land availability, an A-rated sovereign credit, & a strong economy. Understanding the existing situation in Saudi, the SRES initiative brings
India Renewable Energy Sector Analysis
Renewable energy contributes substantially to the total power generation capacity in India. In fact in FY’2012, only about 56% of the total electricity produced used coal as the source of fuel to generate electricity, 20% power was produced by hydro or water based sources, 12% electricity was generated using renewable energy sources and gas contributed 9% to the total power generation. while 2% and 1% contribution came from nuclear
Emerging Renewable Energy Implementation in GCC
GCC region is shifting focus from its most prized asset, hydrocarbons. Oil and gas, though, still dominates the trade in and out of the GCC Region but it is looking to develop its renewable sources of energy as well. All the GCC countries have started to take the renewable energy way, contrary to their most important possession, non renewable (Hydrocarbons). The growing economy with growing population has affected a growth
Renewable Energy Markets Association (REMA)
WASINGTON, October 27, 2011 - Illustrating its voice and breadth in the renewable energy markets, the Renewable Energy Markets Association (REMA) today welcomed its newest member, EDP Renewables North America (EDPR NA). Based in Houston, TX, EDPR NA (formerly known as Horizon Wind Energy) develops, constructs, owns and operates wind farms throughout including over 20 wind farms across the United States. The addition of EDPR NA to REMA's membership represents
Sector Spotlight - Q1 2011 Renewable Energy Roundup
By Peter Kneller Regulatory changes formed a large part of the news in the renewable energy sector in Europe in the first three months of the year, with incentive systems in France, Italy and the UK all being the subject of alterations. On the deals side, utilities’ sales of equity stakes in offshore wind farms continued with Dong selling off a 50% share in Anholt to Danish pension funds, while in