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The Europe renewable methanol market reached nearly 127.64 KMT in 2023. The market is estimated to grow at a CAGR of 31.7% during the forecast period of 2024-2032, to reach a volume of around 1,521.50 KMT by 2032.
With the growing trend of sustainability and transition towards a hydrogen economy, the use of renewable methanol made from renewable hydrogen and carbon is expected to surge as an effective energy carrier. Renewable methanol is also witnessing active growth as a green fuel in the road transport and shipping industry.
Demand for clean-burning energy solutions is surging the use of renewable methanol for MTBE and DME applications for use in fuel blends.
Europe Renewable Methanol Market Size
Europe Renewable Methanol Market Trends
Europe Renewable Methanol Companies
Europe Renewable Methanol Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Europe Renewable Methanol Market Analysis
8.1 Key Industry Highlights
8.2 Europe Renewable Methanol Historical Market (2018-2023)
8.3 Europe Renewable Methanol Market Forecast (2024-2032)
8.4 Europe Renewable Methanol Market by Feedstock
8.4.1 Biomass
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 CO2 and Hydrogen
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Europe Renewable Methanol Market by Processing Techniques
8.5.1 Gasification
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Reformer-Based Production From Biogas
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Production During The Pulping Process
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Production From CO2 and Hydrogen
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 Europe Renewable Methanol Market by Application
8.6.1 Dimethyl Ether (DME)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Methyl Tert-Butyl Ether (MTBE)
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Gasoline Blending
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Europe Renewable Methanol Market Share by Country
8.7.1 United Kingdom
8.7.2 Nordics
8.7.3 Germany
8.7.4 France
8.7.5 Others
9 United Kingdom Renewable Methanol Market Analysis
9.1 United Kingdom Renewable Methanol Historical Market (2018-2023)
9.2 United Kingdom Renewable Methanol Market Forecast (2024-2032)
9.3 United Kingdom Renewable Methanol Market by Feedstock
9.3.1 Biomass
9.3.1.1 Market Share
9.3.1.2 Historical Trend (2018-2023)
9.3.1.3 Forecast Trend (2024-2032)
9.3.2 CO2 and Hydrogen
9.3.2.1 Market Share
9.3.2.2 Historical Trend (2018-2023)
9.3.2.3 Forecast Trend (2024-2032)
9.4 United Kingdom Renewable Methanol Market by Processing Techniques
9.4.1 Gasification
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2023)
9.4.1.3 Forecast Trend (2024-2032)
9.4.2 Reformer-Based Production From Biogas
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2023)
9.4.2.3 Forecast Trend (2024-2032)
9.4.3 Production During The Pulping Process
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2023)
9.4.3.3 Forecast Trend (2024-2032)
9.4.4 Production from CO2 and Hydrogen
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2023)
9.4.4.3 Forecast Trend (2024-2032)
9.5 United Kingdom Renewable Methanol Market by Application
9.5.1 Dimethyl Ether (DME)
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2023)
9.5.1.3 Forecast Trend (2024-2032)
9.5.2 Methyl Tert-Butyl Ether (MTBE)
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2023)
9.5.2.3 Forecast Trend (2024-2032)
9.5.3 Gasoline Blending
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2023)
9.5.3.3 Forecast Trend (2024-2032)
9.5.4 Others
10 Nordics Renewable Methanol Market Analysis
10.1 Nordics Renewable Methanol Historical Market (2018-2023)
10.2 Nordics Renewable Methanol Market Forecast (2024-2032)
10.3 Nordics Renewable Methanol Market by Feedstock
10.3.1 Biomass
10.3.1.1 Market Share
10.3.1.2 Historical Trend (2018-2023)
10.3.1.3 Forecast Trend (2024-2032)
10.3.2 CO2 and Hydrogen
10.3.2.1 Market Share
10.3.2.2 Historical Trend (2018-2023)
10.3.2.3 Forecast Trend (2024-2032)
10.4 Nordics Renewable Methanol Market by Processing Techniques
10.4.1 Gasification
10.4.1.1 Market Share
10.4.1.2 Historical Trend (2018-2023)
10.4.1.3 Forecast Trend (2024-2032)
10.4.2 Reformer-Based Production From Biogas
10.4.2.1 Market Share
10.4.2.2 Historical Trend (2018-2023)
10.4.2.3 Forecast Trend (2024-2032)
10.4.3 Production During The Pulping Process
10.4.3.1 Market Share
10.4.3.2 Historical Trend (2018-2023)
10.4.3.3 Forecast Trend (2024-2032)
10.4.3 Production from CO2 and Hydrogen
10.4.3.1 Market Share
10.4.3.2 Historical Trend (2018-2023)
10.4.3.3 Forecast Trend (2024-2032)
10.5 Nordics Renewable Methanol Market by Application
10.5.1 Dimethyl Ether (DME)
10.5.1.1 Market Share
10.5.1.2 Historical Trend (2018-2023)
10.5.1.3 Forecast Trend (2024-2032)
10.5.2 Methyl Tert-Butyl Ether (MTBE)
10.5.2.1 Market Share
10.5.2.2 Historical Trend (2018-2023)
10.5.2.3 Forecast Trend (2024-2032)
10.5.3 Gasoline Blending
10.5.3.1 Market Share
10.5.3.2 Historical Trend (2018-2023)
10.5.3.3 Forecast Trend (2024-2032)
10.5.4 Gasoline Blending
10.5.4.1 Market Share
10.5.4.2 Historical Trend (2018-2023)
10.5.4.3 Forecast Trend (2024-2032)
10.5.6 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Carbon Recycling International (CRI)
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Hy2gen AG
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 OCI N.V.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 BASF SE
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Södra Skogsägarna
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 New Fuel A/S
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Figures and Tables
1. Europe Renewable Methanol Market: Key Industry Highlights, 2018 and 2032
2. Europe Renewable Methanol Market: Key Industry Highlights, 2018 and 2032
3. Europe Renewable Methanol Historical Market: Breakup by Feedstock (USD Million), 2018-2023
4. Europe Renewable Methanol Market Forecast: Breakup by Feedstock (USD Million), 2024-2032
5. Europe Renewable Methanol Historical Market: Breakup by Process Techniques (USD Million), 2018-2023
6. Europe Renewable Methanol Market Forecast: Breakup by Process Techniques (USD Million), 2024-2032
7. Europe Renewable Methanol Historical Market: Breakup by Application (USD Million), 2018-2023
8. Europe Renewable Methanol Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Europe Renewable Methanol Historical Market: Breakup by Country (USD Million), 2018-2023
10. Europe Renewable Methanol Market Forecast: Breakup by Country (USD Million), 2024-2032
12. United Kingdom Renewable Methanol Market: Key Industry Highlights, 2018 and 2032
13. United Kingdom Renewable Methanol Historical Market: Breakup by Feedstock (USD Million), 2018-2023
14. United Kingdom Renewable Methanol Market Forecast: Breakup by Feedstock (USD Million), 2024-2032
15. United Kingdom Renewable Methanol Historical Market: Breakup by Process Techniques (USD Million), 2018-2023
16. United Kingdom Renewable Methanol Market Forecast: Breakup by Process Techniques (USD Million), 2024-2032
17. United Kingdom Renewable Methanol Historical Market: Breakup by Application (USD Million), 2018-2023
18. United Kingdom Renewable Methanol Market Forecast: Breakup by Application (USD Million), 2024-2032
19. Nordics Renewable Methanol Market: Key Industry Highlights, 2018 and 2032
18. Nordics Renewable Methanol Historical Market: Breakup by Feedstock (USD Million), 2018-2023
19. Nordics Renewable Methanol Market Forecast: Breakup by Feedstock (USD Million), 2024-2032
20. Nordics Renewable Methanol Historical Market: Breakup by Process Techniques (USD Million), 2018-2023
21. Nordics Renewable Methanol Market Forecast: Breakup by Process Techniques (USD Million), 2024-2032
22. Nordics Renewable Methanol Historical Market: Breakup by Application (USD Million), 2018-2023
23. Nordics Renewable Methanol Market Forecast: Breakup by Application (USD Million), 2024-2032
24. Europe Renewable Methanol Market Structure
The market reached a volume of 127.64 KMT in 2023.
The market is projected to grow at a CAGR of 31.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 1,521.50 KMT by 2032.
The feedstocks include biomass, CO2, and hydrogen.
The key countries analysed in the market report are the United Kingdom, Nordics, Germany, France, and others.
Europe’s aim to achieve a carbon neutral economy and favourable government initiatives, and the presence of abundant reserves of feedstocks for renewable methanol production are driving the market growth.
The applications include dimethyl ether (DME), methyl tert-butyl ether (MTBE), gasoline blending, and others.
The key players in the market include Carbon Recycling International (CRI), Hy2gen AG, OCI N.V., BASF SE, Södra Skogsägarna, and New Fuel A/S, among others.
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