North America Renewable Methanol Market Forecast 2024-2032

The North America renewable methanol market is projected to record a CAGR of 4.41% in revenue and 3.06% in terms of volume during the forecasted period, 2024-2032. The market growth of the region is propelled by the surge in the need for renewable fuels in the industrial sector, in addition to the increasing implementation of the renewable fuel standard (RFS) program for minimizing the impact of greenhouse gas emissions.

MARKET INSIGHTS

The North America renewable methanol market growth assessment includes the evaluation of Canada and the United States. In the United States' transport sector, the two leading technology options include liquid biofuels and electric vehicles (EVs). Furthermore, a transition in transportation modes, such as the use of high-speed trains with renewable power in place of diesel-fueled trucks and city trams for passenger cars, are other options propelling the need for renewable methanol in the country's transport sector.

In addition, Congress has established the renewable fuel standard (RFS) program in the United States in order to alleviate greenhouse gas emissions while expanding the national renewable fuels sector and minimizing the reliance on imported oil. The RFS necessitates minimum volumes of biofuels to be utilized within the national fuel transportation supply every year. The program also propels the development of renewable methanol coupled with various other alternative fuel sources. Hence, these factors are set to promote the renewable methanol market growth in North America over the forecast period.

COMPETITIVE INSIGHTS

Key companies operating in the market are BASF SE, Advanced Chemical Technologies, Fraunhofer, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 85272

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
- 2.4.1. IMPACT OF COVID-19 ON RENEWABLE METHANOL MARKET
2.5. MAJOR MARKET FINDINGS
- 2.5.1. RENEWABLE METHANOL GAINS TRACTION AS A CHEMICAL FEEDSTOCK
- 2.5.2. GROWING USE AS A BLENDING COMPONENT IN FUELS
- 2.5.3. GEOGRAPHIC EXPANSION BEYOND TRADITIONAL MARKETS
- 2.5.4. INCREASED INVESTMENT IN R&D FOR PROCESS ENHANCEMENT

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. GROWING EMPHASIS ON REDUCING GREENHOUSE GAS EMISSIONS AND ACHIEVING CARBON NEUTRALITY
- 3.1.2. ONGOING ADVANCEMENTS IN RENEWABLE ENERGY TECHNOLOGIES AND PROCESSES
- 3.1.3. SUPPORTIVE REGULATORY FRAMEWORKS, SUBSIDIES, AND INCENTIVES
3.2. KEY RESTRAINTS
- 3.2.1. ESTABLISHMENT OF PRODUCTION PLANTS REQUIRES SIGNIFICANT UPFRONT CAPITAL INVESTMENT
- 3.2.2. COMPETITION FROM FOSSIL-BASED METHANOL REMAINS STRONG
- 3.2.3. LIMITED AVAILABILITY OF COST-EFFECTIVE FEEDSTOCKS

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
- 4.1.1. EXPANSION OF PRODUCTION CAPACITIES BY KEY PLAYERS
- 4.1.2. GROWING PARTNERSHIPS TO DEVELOP INTEGRATED VALUE CHAINS
- 4.1.3. FOCUS ON CARBON RECYCLING FOR SUSTAINABLE PRODUCTION
- 4.1.4. RISING APPLICATION IN TRANSPORTATION SECTORS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. FEEDSTOCK ACQUISITION
- 4.6.2. CONVERSION PROCESS
- 4.6.3. DISTRIBUTION AND LOGISTICS
- 4.6.4. END-USE APPLICATIONS
4.7. REGULATORY FRAMEWORK

5. MARKET BY FEEDSTOCK

5.1. AGRICULTURAL WASTE
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. FORESTRY RESIDUES
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS
5.3. MUNICIPAL SOLID WASTE
- 5.3.1. MARKET FORECAST FIGURE
- 5.3.2. SEGMENT ANALYSIS
5.4. CO2 EMISSION
- 5.4.1. MARKET FORECAST FIGURE
- 5.4.2. SEGMENT ANALYSIS
5.5. OTHER FEEDSTOCKS
- 5.5.1. MARKET FORECAST FIGURE
- 5.5.2. SEGMENT ANALYSIS

6. MARKET BY APPLICATION

6.1. FORMALDEHYDE
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. DIMETHYL ETHER (DME) & METHYL TERT-BUTYL ETHER (MTBE)
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
6.3. GASOLINE
- 6.3.1. MARKET FORECAST FIGURE
- 6.3.2. SEGMENT ANALYSIS
6.4. SOLVENT
- 6.4.1. MARKET FORECAST FIGURE
- 6.4.2. SEGMENT ANALYSIS
6.5. OTHER APPLICATIONS
- 6.5.1. MARKET FORECAST FIGURE
- 6.5.2. SEGMENT ANALYSIS

7. MARKET BY END-USER

7.1. CHEMICAL
- 7.1.1. MARKET FORECAST FIGURE
- 7.1.2. SEGMENT ANALYSIS
7.2. TRANSPORTATION
- 7.2.1. MARKET FORECAST FIGURE
- 7.2.2. SEGMENT ANALYSIS
7.3. POWER GENERATION
- 7.3.1. MARKET FORECAST FIGURE
- 7.3.2. SEGMENT ANALYSIS
7.4. OTHER END-USERS
- 7.4.1. MARKET FORECAST FIGURE
- 7.4.2. SEGMENT ANALYSIS

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA RENEWABLE METHANOL MARKET DRIVERS
- 8.1.3. NORTH AMERICA RENEWABLE METHANOL MARKET CHALLENGES
- 8.1.4. KEY PLAYERS IN NORTH AMERICA RENEWABLE METHANOL MARKET
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. UNITED STATES
  - 8.1.5.1.1. UNITED STATES RENEWABLE METHANOL MARKET SIZE & OPPORTUNITIES
  - 8.1.5.2. CANADA
  - 8.1.5.2.1. CANADA RENEWABLE METHANOL MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.2. PARTNERSHIPS & AGREEMENTS
- 9.1.3. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. ADVANCED CHEMICAL TECHNOLOGIES
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCT LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. BASF SE
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCT LIST
  - 9.2.2.3. STRENGTHS & CHALLENGES
- 9.2.3. CARBON RECYCLING INTERNATIONAL (CRI)
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCT LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. ENERKEM
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCT LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. FRAUNHOFER
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCT LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. INNOGY
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCT LIST
  - 9.2.6.3. STRENGTHS & CHALLENGES
- 9.2.7. NORDIC GREEN
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCT LIST
  - 9.2.7.3. STRENGTHS & CHALLENGES
- 9.2.8. OCI NV
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCT LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. SERENERGY A/S
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCT LIST
  - 9.2.9.3. STRENGTHS & CHALLENGES
- 9.2.10. SODRA
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCT LIST
  - 9.2.10.3. STRENGTHS & CHALLENGES
- 9.2.11. UNIPER SE
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCT LIST
  - 9.2.11.3. STRENGTHS & CHALLENGES
- 9.2.12. VERTIMASS LLC
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCT LIST
  - 9.2.12.3. STRENGTHS & CHALLENGES

Product Code: 85272

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - RENEWABLE METHANOL
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FEEDSTOCK, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 5: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FEEDSTOCK, HISTORICAL YEARS, 2018-2022 (IN KILOTONS)
TABLE 6: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FEEDSTOCK, FORECAST YEARS, 2024-2032 (IN KILOTONS)
TABLE 7: NORTH AMERICA RENEWABLE METHANOL MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: NORTH AMERICA RENEWABLE METHANOL MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 9: NORTH AMERICA RENEWABLE METHANOL MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN KILOTONS)
TABLE 10: NORTH AMERICA RENEWABLE METHANOL MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN KILOTONS)
TABLE 11: NORTH AMERICA RENEWABLE METHANOL MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 12: NORTH AMERICA RENEWABLE METHANOL MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 13: NORTH AMERICA RENEWABLE METHANOL MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN KILOTONS)
TABLE 14: NORTH AMERICA RENEWABLE METHANOL MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN KILOTONS)
TABLE 15: NORTH AMERICA RENEWABLE METHANOL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 16: NORTH AMERICA RENEWABLE METHANOL MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 17: NORTH AMERICA RENEWABLE METHANOL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN KILOTONS)
TABLE 18: NORTH AMERICA RENEWABLE METHANOL MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN KILOTONS)
TABLE 19: KEY PLAYERS OPERATING IN NORTH AMERICA RENEWABLE METHANOL MARKET
TABLE 20: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 21: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 22: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: MAJOR MARKET FINDINGS
FIGURE 2: MARKET DYNAMICS
FIGURE 3: KEY MARKET TRENDS
FIGURE 4: PORTER'S FIVE FORCES ANALYSIS
FIGURE 5: GROWTH PROSPECT MAPPING
FIGURE 6: MARKET MATURITY ANALYSIS
FIGURE 7: MARKET CONCENTRATION ANALYSIS
FIGURE 8: VALUE CHAIN ANALYSIS
FIGURE 9: NORTH AMERICA RENEWABLE METHANOL MARKET, GROWTH POTENTIAL, BY FEEDSTOCK, IN 2023
FIGURE 10: NORTH AMERICA RENEWABLE METHANOL MARKET, BY AGRICULTURAL WASTE, 2024-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA RENEWABLE METHANOL MARKET, BY AGRICULTURAL WASTE, 2024-2032 (IN KILOTONS)
FIGURE 12: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FORESTRY RESIDUES, 2024-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FORESTRY RESIDUES, 2024-2032 (IN KILOTONS)
FIGURE 14: NORTH AMERICA RENEWABLE METHANOL MARKET, BY MUNICIPAL SOLID WASTE, 2024-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA RENEWABLE METHANOL MARKET, BY MUNICIPAL SOLID WASTE, 2024-2032 (IN KILOTONS)
FIGURE 16: NORTH AMERICA RENEWABLE METHANOL MARKET, BY CO2 EMISSION, 2024-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA RENEWABLE METHANOL MARKET, BY CO2 EMISSION, 2024-2032 (IN KILOTONS)
FIGURE 18: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER FEEDSTOCKS, 2024-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER FEEDSTOCKS, 2024-2032 (IN KILOTONS)
FIGURE 20: NORTH AMERICA RENEWABLE METHANOL MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 21: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FORMALDEHYDE, 2024-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA RENEWABLE METHANOL MARKET, BY FORMALDEHYDE, 2024-2032 (IN KILOTONS)
FIGURE 23: NORTH AMERICA RENEWABLE METHANOL MARKET, BY DIMETHYL ETHER (DME) & METHYL TERT-BUTYL ETHER (MTBE), 2024-2032 (IN $ MILLION)
FIGURE 24: NORTH AMERICA RENEWABLE METHANOL MARKET, BY DIMETHYL ETHER (DME) & METHYL TERT-BUTYL ETHER (MTBE), 2024-2032 (IN KILOTONS)
FIGURE 25: NORTH AMERICA RENEWABLE METHANOL MARKET, BY GASOLINE, 2024-2032 (IN $ MILLION)
FIGURE 26: NORTH AMERICA RENEWABLE METHANOL MARKET, BY GASOLINE, 2024-2032 (IN KILOTONS)
FIGURE 27: NORTH AMERICA RENEWABLE METHANOL MARKET, BY SOLVENT, 2024-2032 (IN $ MILLION)
FIGURE 28: NORTH AMERICA RENEWABLE METHANOL MARKET, BY SOLVENT, 2024-2032 (IN KILOTONS)
FIGURE 29: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)
FIGURE 30: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN KILOTONS)
FIGURE 31: NORTH AMERICA RENEWABLE METHANOL MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023
FIGURE 32: NORTH AMERICA RENEWABLE METHANOL MARKET, BY CHEMICAL, 2024-2032 (IN $ MILLION)
FIGURE 33: NORTH AMERICA RENEWABLE METHANOL MARKET, BY CHEMICAL, 2024-2032 (IN KILOTONS)
FIGURE 34: NORTH AMERICA RENEWABLE METHANOL MARKET, BY TRANSPORTATION, 2024-2032 (IN $ MILLION)
FIGURE 35: NORTH AMERICA RENEWABLE METHANOL MARKET, BY TRANSPORTATION, 2024-2032 (IN KILOTONS)
FIGURE 36: NORTH AMERICA RENEWABLE METHANOL MARKET, BY POWER GENERATION, 2024-2032 (IN $ MILLION)
FIGURE 37: NORTH AMERICA RENEWABLE METHANOL MARKET, BY POWER GENERATION, 2024-2032 (IN KILOTONS)
FIGURE 38: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)
FIGURE 39: NORTH AMERICA RENEWABLE METHANOL MARKET, BY OTHER END-USERS, 2024-2032 (IN KILOTONS)
FIGURE 40: NORTH AMERICA RENEWABLE METHANOL MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 41: UNITED STATES RENEWABLE METHANOL MARKET, 2024-2032 (IN $ MILLION)
FIGURE 42: CANADA RENEWABLE METHANOL MARKET, 2024-2032 (IN $ MILLION)