Renewable methanol produced from biomass such as forestry and agricultural waste and by-products, biogas, sewage, municipal solid waste (MSW), and black liquor from the pulp and paper industry is often referred to as bio-methanol.
The global Bio Methanol market was valued at US$ 90.6 million in 2022 and will reach US$ 812.2 million by the end of 2029, growing at a CAGR of 44.5% during 2023-2029.
The data for 2023 is an estimate, based on the historical data and the integrated view of industrial experts, manufacturers, distributors, and end users, etc.
Top-down and bottom-up approaches are used to validate the global Bio Methanol market size and to estimate the market size for company, regional division, product type and application (end users). In the complete market engineering process, both top-down and bottom-up approaches along with several data triangulation methods have been extensively utilized to perform market estimation and market forecast for the overall market division and subdivision listed in this report. Extensive qualitative and further quantitative analysis has also been done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
According to the new market research report “Bio Methanol – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Bio Methanol market size is projected to reach USD 0.81 billion by 2029, at a CAGR of 44.5% during the forecast period.
- Global Bio Methanol MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Bio Methanol – Global Market Insights and Sales Trends 2024”
- Global Bio Methanol Top6Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Bio Methanol – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Bio Methanol include OCI (BioMCN), Enerkem, Methanex, BASF, Södra, etc.
In 2022, the global top four players had a share approximately 93.0% in terms of revenue.
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