Market by Application, Feedstock, End-user, and Country Outlook | Forecast 2022-2028
As per Triton’s research
report, the renewable methanol market in Europe is estimated to advance with a CAGR of 5.03% and 3.23% in revenue and
volume, respectively, during the forecast period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries examined in the region comprise:
•
The United Kingdom
•
Germany
•
France
•
Sweden
• Denmark
•
Italy
•
Rest of Europe
In
terms of value, Germany captures the major share in the renewable methanol
market. Europe is
expected to witness significant growth in the market during the forecast
period, with Germany and UK leading among other nations. France and Sweden are
anticipated to emerge as potential markets, witnessing higher growth over the
forecast years. This growth can be attributed to the rising wind and solar
sector, increasing the need for power generation. In this regard, renewable
methanol is expected to play a major role in providing clean energy. Besides,
several countries are generating electricity from renewable sources, which surged
the demand for renewable methanol. Such factors widen the studied market’s
growth.
Germany hosts the major market for renewable
methanol. The rising need for formaldehyde production has increased the demand
for bio-methanol. Most of the formaldehyde is used in the production of
urea-formaldehyde resins, polyoxymethylene, and others. The demand for these
derivatives is surging in the wood processing industry for numerous
applications. These developments are expected to increase the demand for
renewable methanol, fueling the German market’s growth.
Bio-methanol blends are widely used in the UK,
owing to rising low-carbon fuel programs. These policies have surged the demand
for renewable methanol to reduce CI in fuels. For instance, the Renewable
Transport Fuel Obligation is introduced to utilize bio-methanol and meet
targets in the nation. Thus, these factors are boosting the market on a growth
path.
Methanol plays a major role in the production of
formaldehyde. It is the simplest aldehyde, considered to be commercially vital.
Formaldehyde production constitutes around one-third of the demand for
methanol. The studied market is assessed
based on application, feedstock, and end-user. The application segment is
further sectioned into formaldehyde, gasoline, solvents, DME & MTBE, and
other applications.
Leading firms in the given market comprises
Nordic Green, Serenergy SV, Fraunhofer, Carbon Recycling International, Innogy,
OCI NV, and Enerkem.
Fraunhofer is among the leading applied research organizations.
Headquartered in Germany, the company develops major technologies. It operates
via 74 research institutes across Germany. The company is involved in methanol
synthesis, a process of hydrogen and Co2 conversion to methanol via a
continuous process. The organization’s employees are qualified scientists and
engineers who work under an annual budget of around 2.8 billion euros.
Key deliverables of the report:
●
Market CAGR during the forecasting years 2022-2028
●
Detailed data highlighting key insights, industry components, and
market strategies
● Comprehensive information and estimation of the renewable methanol
market revenue growth in Europe and its influence on the parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
● A wide-ranging study of factors that will challenge the Europe
renewable methanol market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. EUROPE
RENEWABLE METHANOL MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE RENEWABLE METHANOL MARKET
2.2. KEY
INSIGHTS
2.2.1. SUBSTITUTION
OF PRODUCTION MARINE FUELS WITH RENEWABLE METHANOL
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. REGULATORY
FRAMEWORK
2.7. KEY
MARKET STRATEGIES
2.7.1. PRODUCT
LAUNCHES
2.7.2. PARTNERSHIPS
2.7.3. BUSINESS
EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. AVAILABILITY
OF RENEWABLE METHANOL
2.8.2. STRINGENT
GOVERNMENT RULES AND REGULATION
2.9. MARKET
CHALLENGES
2.9.1. HEALTH
CONCERNS
2.9.2. HIGH
INSTALLATION COST
2.10. MARKET
OPPORTUNITIES
2.10.1. SHIFTING
TREND TOWARD SUSTAINABLE ENERGY SOURCE
3. EUROPE
RENEWABLE METHANOL MARKET OUTLOOK - BY APPLICATION
3.1. FORMALDEHYDE
3.2. DME
& MTBE
3.3. GASOLINE
3.4. SOLVENTS
3.5. OTHER
APPLICATIONS
4. EUROPE
RENEWABLE METHANOL MARKET OUTLOOK - BY FEEDSTOCK
4.1. AGRICULTURAL
WASTE
4.2. FORESTRY
RESIDUES
4.3. MUNICIPAL
SOLID WASTE
4.4. CO2
EMISSIONS
4.5. OTHER
FEEDSTOCKS
5. EUROPE
RENEWABLE METHANOL MARKET OUTLOOK - BY END-USER
5.1. CHEMICAL
5.2. TRANSPORTATION
5.3. POWER
GENERATION
5.4. OTHER
END-USERS
6. EUROPE
RENEWABLE METHANOL MARKET – COUNTRY OUTLOOK
6.1. UNITED
KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. ITALY
6.5. SWEDEN
6.6. DENMARK
6.7. REST
OF EUROPE
7. COMPETITIVE
LANDSCAPE
7.1. ADVANCED
CHEMICAL TECHNOLOGIES
7.2. BASF
SE
7.3. CARBON
RECYCLING INTERNATIONAL
7.4. ENERKEM
7.5. FRAUNHOFER
7.6. INNOGY
7.7. NORDIC
GREEN
7.8. OCI
NV
7.9. SERENERGY
SV
7.10. SODRA
7.11. METHANEX
CORPORATION
7.12. METHANOL
HOLDINGS (TRINIDAD) LTD
7.13. GUJARAT
NARMADA VALLEY FERTILIZERS & CHEMICALS LIMITED
7.14. SOUTHERN
CHEMICAL CORPORATION
7.15. ATLANTIC
METHANOL
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: EUROPE
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)
TABLE 3: VENDOR
SCORECARD
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
PARTNERSHIPS
TABLE 6: LIST OF BUSINESS
EXPANSIONS
TABLE 7: EUROPE
RENEWABLE METHANOL MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 8: EUROPE
RENEWABLE METHANOL MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)
TABLE 9: EUROPE
RENEWABLE METHANOL MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE
RENEWABLE METHANOL MARKET, BY FEEDSTOCK, 2022-2028 (IN KILOTON)
TABLE 11: EUROPE
RENEWABLE METHANOL MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 12: EUROPE
RENEWABLE METHANOL MARKET, BY END-USER, 2022-2028 (IN KILOTON)
TABLE 13: EUROPE
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: EUROPE
RENEWABLE METHANOL MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 3: EUROPE
RENEWABLE METHANOL MARKET, BY FORMALDEHYDE, 2022-2028 (IN $ MILLION)
FIGURE 4: EUROPE
RENEWABLE METHANOL MARKET, BY DME & MTBE, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE
RENEWABLE METHANOL MARKET, BY GASOLINE, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE
RENEWABLE METHANOL MARKET, BY SOLVENTS, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE
RENEWABLE METHANOL MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 8: EUROPE
RENEWABLE METHANOL MARKET, FEEDSTOCK OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: EUROPE
RENEWABLE METHANOL MARKET, BY AGRICULTURAL WASTE, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE
RENEWABLE METHANOL MARKET, BY FORESTRY RESIDUES, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE
RENEWABLE METHANOL MARKET, BY MUNICIPAL SOLID WASTE, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE
RENEWABLE METHANOL MARKET, BY CO2 EMISSIONS, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE
RENEWABLE METHANOL MARKET, BY OTHER FEEDSTOCKS, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE RENEWABLE
METHANOL MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 15: EUROPE
RENEWABLE METHANOL MARKET, BY CHEMICAL, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE
RENEWABLE METHANOL MARKET, BY TRANSPORTATION, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE RENEWABLE
METHANOL MARKET, BY POWER GENERATION, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE
RENEWABLE METHANOL MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE
RENEWABLE METHANOL MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 20: UNITED KINGDOM
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: GERMANY
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: FRANCE
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: ITALY
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: SWEDEN
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: DENMARK
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: REST OF EUROPE
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)