Biomethanol Market Revenue, Trends Analysis, expected to Grow 26.45% CAGR, Growth Strategies and Future Outlook 2030: MarkNtel Advisors

Biomethanol Market Overview

As per recent research by MarkNtel Advisors, the global Biomethanol Market size is estimated to grow at a CAGR of around 26.45% during the forecast period, i.e., 2024-30.

Biomethanol Market Dynamics

Market Drivers : Growing Adoption of Biomethanol in the Marine Industry –

The marine industry is increasingly under pressure to lower its carbon footprint, most of which comes from the use of fossil fuels to run ocean transportation. According to the United Nations Conference on Trade and Development (UNCTAD) in 2022, the maritime sector presently accounts for about 2.8% of all global greenhouse gas (GHG) emissions, mainly due to its rapid growth, its dependence on carbon-intensive bunkers, and the sheer size of its business (more than 80% of the world merchandise trade by volume is transported by sea). As a result, governments across the globe are implementing regulations and policies for the marine industry to reduce carbon emissions.

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Biomethanol Market Segmentation Overview 2024-2030: Key Factors

By Feedstock

-Agriculture Waste- Market Size & Forecast 2019-2030, (Kilo Tons)

-Municipal Waste- Market Size & Forecast 2019-2030, (Kilo Tons)

-Forestry- Market Size & Forecast 2019-2030, (Kilo Tons)

-Black Liquor- Market Size & Forecast 2019-2030, (Kilo Tons)

-Others (Industrial waste, marine biomass, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)

By Production Technology

-Gasification- Market Size & Forecast 2019-2030, (Kilo Tons)

-Reformer (Anaerobic Fermentation)- Market Size & Forecast 2019-2030, (Kilo Tons)

-Others (Syngas Fermentation, Pulping cycle in pulp mills, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)

By Application

-Transportation (Biodiesel Blend, Fuel additive)- Market Size & Forecast 2019-2030, (Kilo Tons)

-Power Generation- Market Size & Forecast 2019-2030, (Kilo Tons)

-Chemical & Solvents- Market Size & Forecast 2019-2030, (Kilo Tons)

-Others (building materials, plastics, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)

By End User

-Marine- Market Size & Forecast 2019-2030, (Kilo Tons)

-Power Utilities- Market Size & Forecast 2019-2030, (Kilo Tons)

-Agriculture- Market Size & Forecast 2019-2030, (Kilo Tons)

-Others (electronics, cosmetics, etc.)- Market Size & Forecast 2019-2030, (Kilo Tons)

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Biomethanol Market Geographical Insights:

By Region:

-North America

-Latin America

-Europe

-Asia-Pacific

-Rest of the World

Key Players and Competitive Strategies in the Biomethanol Market

Several prominent players dominate the Biomethanol Market, including:

• Carbon Recycling International (CRI)
• Enerkem
• Sodra
• Veolia
• BASF
• Methanex Corporation
• Mitsubishi Chemicals
• IMC Enric Holdings Limited (CIMC ENRIC)
• Others

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Questions Addressed in this Study

1.How big is the Biomethanol Market Size?

2.What is the Biomethanol Market Growth?

3.Who are the key players of the Biomethanol Market?

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