Summary - A new market study, titled “Global Bio Methanol Market by Manufacturers, Regions, Type and Application, Forecast to 2024”has been featured on WiseGuy Reports.
Bio methanol (also called renewable methanol) is chemically identical to conventional methanol. The main advantage of bio-methanol is the reduction of fossil fuel use and greenhouse gas emissions compared to conventional methanol production, and the possibility to convert into bio-methanol (by gasification) a range of renewable feedstock.
Scope of the Report: Bio methanol is a technical industry. Currently, there are several producing companies in the world bio methanol industry. The main players are BioMCN, Carbon Recycling International and Enerkem. The global sales of bio methanol will increase to 83865 MT in 2018 from 20830 MT in 2013.
In consumption market, Western Europe and Northern Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 74.13% of the global consumption volume in total.
Current bio-methanol demonstration projects focus mainly on using waste and by-product streams from other industrial processes as feedstock, which offer the best economics. With environmental effect of bio methanol, the downstream application industries will need more bio methanol products. So, bio methanol has a huge market potential in the future.
The industrial scale production of ultra-low carbon intensity renewable methanol is concentrated in Iceland, Netherlands, and Canada. For example, in Iceland, Carbon Recycling International is capturing and reacting CO2 from geothermal power generation with renewable hydrogen produced via electrolysis into renewable methanol. In the Netherlands, BioMCN converts crude glycerine into advanced second generation bio-methanol. In Canada, bio-methanol is being produced from municipal solid waste feedstocks by Enerkem. Renewable methanol is fully miscible with conventional methanol and offers a highly scalable renewable liquid fuel and chemical pathway.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The worldwide market for Bio Methanol is expected to grow at a CAGR of roughly 24.6% over the next five years, will reach 130 million US$ in 2024, from 34 million US$ in 2019, according to a new GIR (Global Info Research) study. This report focuses on the Bio Methanol in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers BioMCN Carbon Recycling International Enerkem
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers By-Product Sourced Waste Sourced
Market Segment by Applications, can be divided into MTBE DME Gasoline Blending Bio-diesel Other
The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Bio Methanol product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Bio Methanol, with price, sales, revenue and global market share of Bio Methanol in 2017 and 2018. Chapter 3, the Bio Methanol competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Bio Methanol breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Bio Methanol market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Bio Methanol sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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