NORTH AMERICA RENEWABLE METHANOL MARKET FORECAST 2019-2028

NORTH AMERICA RENEWABLE METHANOL MARKET FORECAST 2019-2028

  • July 2020 •
  • 128 pages •
  • Report ID: 5939115 •
  • Format: PDF
KEY FINDINGS
The North America renewable methanol market is estimated to evolve at a CAGR of 3.73% and 3.24%, in terms of revenue and volume, respectively, during the projected period, 2019-2028. The growing demand for renewable fuels in the industrial sector is predicted to propel market growth in the region. Many regulations are underway, and are expected to supplement the research efforts for the development of renewable methanol production.

MARKET INSIGHTS
The United States and Canada are assessed for determining the North America renewable methanol market growth.Canada has developed a Clean Fuel Standard for reducing greenhouse gas emissions.

Several companies have been developing technologies in recent years to minimize the carbon intensity of methanol produced from natural gas.Methanex Corporation manufactures LCM in its Medicine Hat (Canada) plant through the injection of sequestered CO2, which considerably reduces the GHG emissions when the LCM is utilized as a fuel.

The overall production capacity of formaldehyde in the country is approximately 150-kilo metric tons per year.The Canadian Methanol Corporation (CMC) is set to build a methanol plant in northeastern British Columbia, Canada.

The capacity will be that of 1.8 million tons of methanol per year. Such factors are projected to have a huge influence on the growth of the renewable market in Canada.

COMPETITIVE INSIGHTS
Some of the prominent companies operating in the market include, Advanced Chemical Technologies, Innogy, Nordic Green, OCI NV, Serenergy A/S, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ADVANCED CHEMICAL TECHNOLOGIES
2. BASF SE
3. CARBON RECYCLING INTERNATIONAL (CRI)
4. ENERKEM
5. FRAUNHOFER
6. INNOGY
7. NORDIC GREEN
8. OCI NV
9. SERENERGY A/S
10. SODRA
11. METHANEX CORPORATION
12. METHANOL HOLDINGS (TRINIDAD) LTD
13. GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD
14. SOUTHERN CHEMICAL CORPORATION
15. ATLANTIC METHANOL