The study involved four major activities in estimating the current size of the green methanol market—exhaustive secondary research collected information on the market, peer markets, and parent markets. The subsequent steps involved confirming these findings, assumptions, and sizing with industry experts throughout the green methanol value chain through primary research. Both top-down and bottom-up approaches were utilized to estimate the overall market size. Following this, the market segmentation and data triangulation methods were applied to determine the size of various segments and subsegments.
Secondary Research
For this research, secondary sources include annual reports, press releases, and presentations from companies, as well as white papers, certified publications, articles by reputable authors, and information from trusted websites. These sources were used to gather crucial details about the industry's supply chain, key players, market categories, segmentation based on industry trends down to regional markets, and significant developments from a market-focused viewpoint.
Primary Research
The green methanol market comprises several stakeholders, such as raw material suppliers, technology support providers, green methanol manufacturers, and regulatory organizations in the supply chain. Various primary sources from the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Key personnel from both sides of the market—supply and demand—were interviewed to gather detailed information. Supply-side primary sources included industry experts like CEOs, vice presidents, marketing and technology directors, and other key executives from companies in the green methanol market. On the demand side, it included directors, marketing leaders, and procurement managers from various industries sourcing green methanol. Below is a breakdown of the primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Two methods, top-down and bottom-up, were used to ascertain and confirm the overall size of the green methanol market. These methods were also used to estimate the size of different segments of the market. The approaches used to estimate the market size are given below.
Global Green Methanol Market: Bottom-up and Top-down Approach
The sections below outline how the total market size for this study was calculated.
-
The main market participants were identified using secondary research methods.
-
The market share across different regions was determined using a combination of primary and secondary research methods.
-
The value chain and market size of the green methanol market, in terms of value and volume, were determined through primary and secondary research.
-
All percentages, distributions, and divisions were calculated using secondary sources and confirmed through primary sources.
-
This research study comprehensively considered all relevant market parameters, examining them in detail, validating them through primary research, and analyzing them to derive the final quantitative and qualitative data.
-
The research involved analyzing the annual and financial reports of leading market players and conducting interviews with industry experts, including CEOs, VPs, directors, sales managers, and marketing executives, to gather significant quantitative and qualitative insights.
Data Triangulation
Once the overall market size was determined using the methods described earlier, the market was divided into multiple segments and subsegments. To complete the market engineering process, the data triangulation and market breakdown procedures were utilized to precisely calculate the statistics for each market segment and subsegment. Triangulation involved analyzing factors and trends from both, the demand and supply sides of the chemical sector.
Market Definition
According to the Methanol Institute, methanol (CH3OH) is a liquid chemical used in thousands of everyday products, including plastics, paints, cosmetics, and fuels. Liquid methanol is produced from synthesis gas, which consists of a blend of hydrogen, carbon dioxide, and carbon monoxide. These simple ingredients can be sourced from various feedstocks using different technological approaches.
Green or renewable methanol is an ultra-low-carbon chemical produced through sustainable processes. Green methanol can be categorized into two main types: bio-methanol and e-methanol, which are determined by the green feedstocks employed. Bio-methanol involves replacing traditional coal or natural gas feedstocks with biomass or biogas sources. At the same time, e-methanol is produced by combining green hydrogen with carbon dioxide from direct air carbon capture or biogenic sources.
Stakeholders
-
Raw material manufacturers
-
Technology support providers
-
Manufacturers of green methanol
-
Traders, distributors, and suppliers
-
Regulatory bodies and government agencies
-
Research & development (R&D) institutions
-
End-use industries
-
Consulting firms, trade associations, and industry bodies
-
Investment banks and private equity firms
Report Objectives
-
To analyze and forecast the green methanol market size in terms of value and volume
-
To offer comprehensive insights into the primary factors (such as drivers, restraints, challenges, and opportunities) impacting the market
-
To analyze and forecast the global green methanol market based on feedstock, derivative, application, and region
-
To analyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
-
To forecast the size of various market segments based on five regions: Asia Pacific, Europe, South America, Middle East & Africa, and North America, along with their respective key countries
-
To monitor and assess competitive advancements, including acquisitions, partnerships, collaborations, agreements, and expansions within the market
-
To strategically outline the key players and thoroughly evaluate their market position and primary capabilities
HIGHEST CAGR MARKET FROM 2025 TO 2030
US: FASTEST-GROWING MARKET IN REGION
Growth opportunities and latent adjacency in Green Methanol Market