The Green Methanol Market, valued at USD 2.07 billion in 2024, is projected to reach USD 19.08 billion by 2032, with a CAGR of 31.99%. Demand is driven by the need to reduce reliance on fossil fuels, supported by international low-carbon energy policies.
The U.S. Green Methanol market was USD 650 million in 2024, expected to reach USD 5989 million by 2032, growing at a CAGR of 32.01%. The country leads in green hydrogen production, powering large-scale electrolysis for green methanol.
Green methanol, produced from sustainable feedstocks like biomass and green hydrogen, is a key fuel in a net-zero world. The market segmentations include feedstock, derivative, and application, with North America leading due to strong infrastructure and investments in clean energy.
Recent developments include Maersk’s methanol-fueled ships and Liquid Wind AB’s eMethanol facility in Sweden. Exclusive sections of the report cover carbon abatement cost, regulatory heatmap, end-user adoption scenarios, and more.
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Read more at GlobeNewswire: Green Methanol Market to Reach USD 19.08 Billion by 2032 |