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Renewable Methanol Market: Biomass Primary Source Segment Anticipated to Account for 41.8% Market Value Share By 2016 End: Global Industry Analysis and Opportunity Assessment 2016-2026

Renewable Methanol Market: Biomass Primary Source Segment Anticipated to Account for 41.8% Market Value Share By 2016 End: Global Industry Analysis and Opportunity Assessment 2016-2026

Renewable methanol is a second generation biofuel and is produced using renewable energy and non-food crop resources. Methanol has wide range of applications in sectors such as transportation, power generation, and chemical manufacturing. Global consumption of renewable methanol was pegged at 181.1 thousand tonnes in 2015. Sales revenue of renewable methanol is expected to register a CAGR of 6.5% over the forecast period (2016–2026).

Fossil fuel depletion and high natural gas prices has sparked an interest in renewable feedstock

Exploitation of natural resources for fuel has led to high greenhouse gas emissions and high prices of crude oil. This in turn has increased the consumption of methanol. However, if renewable sources (such as biomass, industrial & municipal waste, and industrial CO2) are used to produce methanol, CO2 emissions are known to decrease by about 60%-80%. In addition, government regulations in countries such as U.S. and China to use over 10% of renewable fuels in motor fuels by the end of 2020 are expected to drive the demand for second-generation biofuels such as renewable methanol over the forecast period. Wide availability of feedstock for renewable methanol generation and subsidies on gasifier systems are other factors expected to boost the growth of the global renewable methanol market over the forecast period.

However, the supply of agricultural feedstock for biogas generation and bioethanol production is expected to challenge the growth of renewable methanol production and consumption over the forecast period.

Market segmentation

By Primary Source

By End-use Application

By Region

Biomass

Municipal Waste

Industrial Waste

Others

Formaldehyde

MTBE

Gasoline

Dimethyl Ether

Solvents

Others

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

Middle East & Africa

MTBE and Dimethyl Ether end-use application segments expected to gain traction over the forecast period

Dimethyl Ether produced from renewable methanol is an attractive alternative for diesel due to its high cetane number and low exhaust gas emissions. Consumption of dimethyl ether from renewable sources is also anticipated to increase in new fuel injection systems. This also reduces emissions of sulphur oxides and nitrogen oxides. As renewable methanol can be directly blended into petrol with ethanol and can be used to produce MTBE, this segment is expected to register the highest CAGR over the forecast period. The Dimethyl Ether, MTBE, and Solvents segments are expected to witness significant CAGRs in terms of volume and value over the forecast period. The Formaldehyde segment is estimated to be valued at US$ 41.1 Mn by the end of 2016 and is expected to register a CAGR of 5.2% over the forecast period.

Biomass primary source segment anticipated to expand at a significant rate over the forecast period

The Biomass segment is anticipated to account for a value share of 41.8% of the global renewable methanol market by the end of 2016, as biomass is expected to prove as a good option for the production of biofuels such as renewable methanol. Many developed countries meet their biofuel needs and improve their energy security by adopting technologies for alternatives to reduce CO2 emissions. Domestic bio-waste being the best option, the Municipal Waste segment is expected to gain adequate market share over the forecast period and register a significant CAGR of 6.7% in terms of value over the forecast period.

APEJ set to register the highest CAGR during 2016–2026

The APEJ region is estimated to register the highest CAGR of 7.7% in terms of value over the forecast period. Increasing demand for fuel and energy against the backdrop of an increasing population is expected to lead to the adoption of renewable energy generation sources and processes. This is expected to increase the demand for renewable methanol in the APEJ region. The renewable methanol market in North America and Western Europe is estimated to be relatively mature over the forecast period. CO2 emissions in the Middle East have almost doubled today as compared to the last thirty years. However, awareness about the dangers of climate change has forced the region to bring down its CO2 emissions. This in turn is expected to positively impact the growth of the renewable methanol market in MEA.

renewable methanol market_Image for preview analysis

Long-terms supply agreements is the main strategy adopted by key players in the North America and Europe renewable methanol market

The major players operating the global renewable methanol market are BioMCN, Methanex Corporation, Enerkem, Chemrec Inc., Carbon Recycling International, and VarmlandsMetanol. Top market companies are strategically focussing on partnering with long-term contract feedstock suppliers and end-use customers in order to maintain their market share in the global renewable methanol market.


1. Executive Summary
1.1. Market Size and Forecast
1.2. Regional Market Outlook
1.3. FMI Analysis
2. Research Methodology
3. Assumptions and Acronyms Used
4. Market Overview
4.1. Renewable Methanol Market Definition
4.2. Renewable Methanol Market Taxonomy
4.3. Global Methanol Market
5. Renewable Methanol Market Analysis Scenario
5.1. Market Volume (Tonnes) and Value (US$ Mn) Forecast
6. Renewable Methanol Market Dynamics
6.1. Drivers
6.1.1. Supply Side
6.1.2. Demand Side
6.2. Restraints
6.3. Opportunity
6.4. Regional Trends
6.5. Regulations
6.6. Renewable Methanol Production: Key Stats
6.7. Renewable Methanol Plants: Current and Future
6.8. Overview on Investment Cost of Companies
6.9. Value Chain Analysis
7. Global Renewable Methanol Market Analysis and Forecast, By End-use Applications
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By End-use Applications
7.1.2. Y-o-Y Growth Projections By End-use Applications
7.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
7.2.1. Formaldehyde
7.2.2. MTBE
7.2.3. Gasoline
7.2.4. Dimethyl Ether
7.2.5. Solvents
7.2.6. Others
7.3. Market Attractiveness Analysis By Raw Material Type
8. Global Renewable Methanol Market Analysis and Forecast, By Primary Source
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis By Primary Source
8.1.2. Y-o-Y Growth Projections By Primary Source
8.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
8.2.1. Biomass
8.2.2. Municipal Waste
8.2.3. Industrial Waste
8.2.4. Others
8.3. Market Attractiveness Analysis By Primary Source
9. Global Renewable Methanol Market Analysis and Forecast, By Region
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis By Region
9.1.2. Y-o-Y Growth Projections By Region
9.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Region
9.2.1. Asia Pacific Excluding Japan (APEJ)
9.2.2. North America
9.2.3. Latin America
9.2.4. Eastern Europe
9.2.5. Western Europe
9.2.6. Japan
9.2.7. Middle East & Africa
9.3. Market Attractiveness Analysis By Region
10. Asia Pacific Excl. Japan (APEJ) Renewable Methanol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis By Country / Region
10.1.2. Y-o-Y Growth Projections By Country / Region
10.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country / Region
10.2.1. China
10.2.2. India
10.2.3. ASEAN
10.2.4. Australia and New Zealand
10.2.5. Rest of APEJ
10.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
10.3.1. Formaldehyde
10.3.2. MTBE
10.3.3. Gasoline
10.3.4. Dimethyl Ether
10.3.5. Solvents
10.3.6. Others
10.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
10.4.1. Biomass
10.4.2. Municipal Waste
10.4.3. Industrial Waste
10.4.4. Others
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By End-use Applications
10.5.3. By Primary Source
11. North America Renewable Methanol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country
11.2.1. U.S.
11.2.2. Canada
11.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
11.3.1. Formaldehyde
11.3.2. MTBE
11.3.3. Gasoline
11.3.4. Dimethyl Ether
11.3.5. Solvents
11.3.6. Others
11.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
11.4.1. Biomass
11.4.2. Municipal Waste
11.4.3. Industrial Waste
11.4.4. Others
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By End-use Applications
11.5.3. By Primary Source
12. Latin America Renewable Methanol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis By Country
12.1.2. Y-o-Y Growth Projections By Country
12.1.3. Key Regulations
12.1.4. Key Trends
12.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country
12.2.1. Brazil
12.2.2. Mexico
12.2.3. Argentina
12.2.4. Rest of Latin America
12.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
12.3.1. Formaldehyde
12.3.2. MTBE
12.3.3. Gasoline
12.3.4. Dimethyl Ether
12.3.5. Solvents
12.3.6. Others
12.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
12.4.1. Biomass
12.4.2. Municipal Waste
12.4.3. Industrial Waste
12.4.4. Others
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By End-use Applications
12.5.3. By Primary Source
13. Eastern Europe Renewable Methanol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis By Country
13.1.2. Y-o-Y Growth Projections By Country
13.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country
13.2.1. Russia
13.2.2. Poland
13.2.3. Rest of Eastern Europe
13.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
13.3.1. Formaldehyde
13.3.2. MTBE
13.3.3. Gasoline
13.3.4. Dimethyl Ether
13.3.5. Solvents
13.3.6. Others
13.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
13.4.1. Biomass
13.4.2. Municipal Waste
13.4.3. Industrial Waste
13.4.4. Others
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By End-use Applications
13.5.3. By Primary Source
14. Western Europe Renewable Methanol Market Analysis and Forecast
14.1. Introduction
14.1.1. Basis Point Share (BPS) Analysis By Country / Region
14.1.2. Y-o-Y Growth Projections By Country
14.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country / Region
14.2.1. Germany
14.2.2. France
14.2.3. Italy
14.2.4. Spain
14.2.5. U.K.
14.2.6. Rest of Western Europe
14.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
14.3.1. Formaldehyde
14.3.2. MTBE
14.3.3. Gasoline
14.3.4. Dimethyl Ether
14.3.5. Solvents
14.3.6. Others
14.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
14.4.1. Biomass
14.4.2. Municipal Waste
14.4.3. Industrial Waste
14.4.4. Others
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By End-use Applications
14.5.3. By Primary Source
15. Japan Renewable Methanol Market Analysis and Forecast
15.1. Introduction
15.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
15.2.1. Formaldehyde
15.2.2. MTBE
15.2.3. Gasoline
15.2.4. Dimethyl Ether
15.2.5. Solvents
15.2.6. Others
15.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
15.3.1. Biomass
15.3.2. Municipal Waste
15.3.3. Industrial Waste
15.3.4. Others
15.4. Market Attractiveness Analysis
15.4.1. By End-use Applications
15.4.2. By Primary Source
16. Middle East & Africa Renewable Methanol Market Analysis and Forecast
16.1. Introduction
16.1.1. Basis Point Share (BPS) Analysis By Country / Region
16.1.2. Y-o-Y Growth Projections By Country
16.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country / Region
16.2.1. GCC
16.2.2. South Africa
16.2.3. Rest of Middle East & Africa
16.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End-use Applications
16.3.1. Formaldehyde
16.3.2. MTBE
16.3.3. Gasoline
16.3.4. Dimethyl Ether
16.3.5. Solvents
16.3.6. Others
16.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Primary Source
16.4.1. Biomass
16.4.2. Municipal Waste
16.4.3. Industrial Waste
16.4.4. Others
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By End-use Applications
16.5.3. By Primary Source
17. Competition Landscape
17.1. Competition Dashboard
17.2. Comparison of Production Processes
17.3. Global Players
17.3.1. Methanex Corporation
17.3.2. Carbon Recycling International
17.3.3. BioMCN
17.3.4. Enerkem
17.3.5. Chemrec Inc.
17.3.6. VarmlandsMethanol

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