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Europe Renewable Methanol Market Report and Forecast 2024-2032

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    Report

  • 182 Pages
  • December 2023
  • Region: Europe
  • Expert Market Research
  • ID: 5926232
Europe Renewable Methanol Market Report and Forecast 2024-2032

Market Outlook

According to the report the Europe renewable methanol market grew significantly in 2023. Aided by the escalating concerns about environmental degradation and the pressing need for alternative, eco-friendly fuels, the market is projected to further grow at a CAGR of 31.7% between 2024 and 2032.

Renewable methanol, often derived from sources like industrial waste, biomass, and carbon dioxide, is gaining traction as an alternative to conventional fuels and a solution for reducing greenhouse gas emissions. Being a versatile compound, it can be utilised as a fuel, an antifreeze in pipelines, and a feedstock for various chemical products.

As per the Europe renewable methanol market analysis, the growing emphasis on reducing carbon footprints has led European nations to look for sustainable alternatives to conventional energy sources. Renewable methanol, with its capability to produce lesser emissions compared to its fossil-based counterpart, has thereby emerged as a preferred choice in the region.

Furthermore, Europe's aggressive goals and policies supporting green initiatives have been crucial catalysts in the Europe renewable methanol market growth. The stringent regulations imposed on industries regarding emissions and the substantial incentives provided for the adoption of cleaner fuels have made renewable methanol an appealing proposition for various sectors.

An additional factor driving the market is the surge in research and development activities in the region. Companies are increasingly investing in technology that can efficiently produce renewable methanol from green hydrogen and captured carbon dioxide, providing a dual solution of energy production and carbon capture and further propelling the Europe renewable methanol market demand.

The transportation sector is seeing a considerable shift towards the adoption of renewable methanol. With the automotive industry focusing on innovations to reduce environmental impacts, renewable methanol is being eyed as a potential primary or additive fuel for vehicles.

Moreover, Europe's chemical industry, known for its robustness, is gradually transitioning to renewable methanol as a key ingredient in the production of formaldehyde, acetic acid, and other chemicals, further increasing the value of the Europe renewable methanol market size. This transition not only aligns with the region's green objectives but also ensures a stable supply of raw materials that are less susceptible to price volatility seen in fossil fuels.

Market Segmentation

The market can be divided based on feedstock, processing techniques, application, and country.

Market Breakup by Feedstock

  • Biomass
  • CO2 and Hydrogen

Market Breakup by Processing Techniques

  • Gasification
  • Reformer-Based Production from Biogas
  • Production During the Pulping Process
  • Production from CO2 and Hydrogen

Market Breakup by Application

  • Dimethyl Ether (DME)
  • Methyl Tert-Butyl Ether (MTBE)
  • Gasoline Blending
  • Others

Market Breakup by Country

  • United Kingdom
  • Nordics
  • Germany
  • France
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe renewable methanol market. Some of the major players explored in the report are as follows:
  • Carbon Recycling International (CRI)
  • Hy2gen AG
  • OCI N.V.
  • Södra Skogsägarna
  • BASF SE
  • New Fuel A/S
  • Others

Table of Contents

1 Preface2 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 Snapshot7 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

Companies Mentioned

  • Carbon Recycling International (CRI)
  • Hy2gen AG
  • OCI N.V.
  • Södra Skogsägarna
  • BASF SE
  • New Fuel A/S

Methodology

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