Market by Application, Feedstock, End-user, and Country Outlook | Forecast 2022-2028
Based on Triton’s report, the
renewable methanol market in Latin America is expected to register growth as
per value and volume at a CAGR of 4.42%
and 2.62%, respectively, during the forecasting period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries calculated in the region are:
•
Brazil
•
Mexico
•
Rest of Latin America
Brazil
accounts for the majority of the share in the renewable methanol market based
on revenue. The region’s
growth can be attributed to the growing involvement of prominent companies in
developing renewable methanol. For instance, thyssenkrupp, a global supplier of
full process plants, developed an exclusive methanol production route on
electrolytic cells. Here, the inputs used in the plant include water, electric
power, and carbon dioxide. Such developments, along with the rising adoption of
bio-methanol for numerous applications, augment the reviewed market’s growth
process.
Brazil has implemented the adoption of methanol
for engine operations, becoming a major consumer. The developing economy and
growing population base have surged the adoption of renewable fuels to reduce
greenhouse gas emissions. The country has established stringent laws mandating
the blend of biodiesel with petrodiesel. Furthermore, biomass has become the
third-largest energy source. Therefore, the rise in demand for renewable energy
sources generates various growth opportunities for the renewable methanol
market across the nation.
Mexico has emerged as a major nation having a
large renewable energy source base, attracting various large-scale investments.
Such investments are expected to diversify its energy supply. Moreover, the
surged use of renewable sources helps the nation reduce greenhouse gas
emissions to a large extent. Thus, these factors widen the scope of the
renewable methanol market.
Renewable methanol is a widely sought-after fuel
for power generation. As per estimates, the rising demand for electricity will
increase the use of bio-methanol. In this regard, methanol is considered a
viable substitute for oil for backup generators when the electricity demand is
at its peak. The considered market’s
growth is estimated based on application, end-user, and feedstock. The
end-user section is divided into power generation, chemical, transportation,
and other end-users.
The prominent companies in the market include
Methanex Corporation, OCI NV, Serenergy SV, Methanol Holdings (Trinidad) Ltd,
Sodra, and Nordic Green.
OCI NV is involved in producing and distributing natural gas-based
fertilizers and industrial chemicals. Its subsidiaries include Biomethanol
Chemie Nederland BV, which primarily focuses on methanol and bio-methanol
production. Further, OCI Partners LP operates an integrated methanol and
anhydrous ammonia production plant. The company mainly serves clients across
the agriculture and industrial sectors. OCI has operations across multiple
regions, including Latin America.
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 Latin America 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 LA
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.
Market Segmented By Type, Appl ..
VIEW REPORT
Market By Raw Material, End-us ..
VIEW REPORT
Market by Type, Raw Material, ..
VIEW REPORT
Market by Technology, Type, En ..
VIEW REPORT
Market by Function, Product Ty ..
VIEW REPORT
Market by Product Type, Applic ..
VIEW REPORT
Market by Product, Industry Ve ..
VIEW REPORT
Market by Type, Material, Indu ..
VIEW REPORT1. LATIN
AMERICA 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. LATIN
AMERICA RENEWABLE METHANOL MARKET OUTLOOK - BY APPLICATION
3.1. FORMALDEHYDE
3.2. DME
& MTBE
3.3. GASOLINE
3.4. SOLVENTS
3.5. OTHER
APPLICATIONS
4. LATIN
AMERICA 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. LATIN
AMERICA RENEWABLE METHANOL MARKET OUTLOOK - BY END-USER
5.1. CHEMICAL
5.2. TRANSPORTATION
5.3. POWER
GENERATION
5.4. OTHER
END-USERS
6. LATIN
AMERICA RENEWABLE METHANOL MARKET – COUNTRY OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
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: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: LATIN AMERICA
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: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY APPLICATION, 2022-2028 (IN KILOTON)
TABLE 9: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY FEEDSTOCK, 2022-2028 (IN KILOTON)
TABLE 11: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY END-USER, 2022-2028, (IN KILOTON)
TABLE 13: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 14: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY COUNTRY, 2022-2028 (IN KILOTON)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA
RENEWABLE METHANOL MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 3: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY FORMALDEHYDE, 2022-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY DME & MTBE, 2022-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY GASOLINE, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY SOLVENTS, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
RENEWABLE METHANOL MARKET, FEEDSTOCK OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: LATIN AMERICA
RENEWABLE METHANOL MARKET, BY AGRICULTURAL WASTE, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY FORESTRY RESIDUES, 2022-2028 (IN $
MILLION)
FIGURE 11: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY MUNICIPAL SOLID WASTE, 2022-2028 (IN $
MILLION)
FIGURE 12: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY CO2 EMISSIONS, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY OTHER FEEDSTOCKS, 2022-2028 (IN $
MILLION)
FIGURE 14: LATIN
AMERICA RENEWABLE METHANOL MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 15: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY CHEMICAL, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY TRANSPORTATION, 2022-2028 (IN $ MILLION)
FIGURE 17: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY POWER GENERATION, 2022-2028 (IN $
MILLION)
FIGURE 18: LATIN
AMERICA RENEWABLE METHANOL MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 19: LATIN
AMERICA RENEWABLE METHANOL MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 20: BRAZIL
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: MEXICO
RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: REST OF
LATIN AMERICA RENEWABLE METHANOL MARKET 2022-2028 (IN $ MILLION)