Renewable Methanol Market : Global Outlook & Market Dynamics

Renewable methanol is an ultra-low carbon chemical produced from sustainable biomass, often called bio-methanol, or from carbon dioxide and hydrogen produced from renewable electricity. Renewable methanol, created using carbon capture technology and renewable energy sources, is environmentally friendly, helping to decrease greenhouse gas emissions in alignment with international climate targets such as the Paris Agreement. Using sustainable feedstocks instead of depleting fossil resources for conventional methanol makes it an environmentally friendly option. Governments worldwide are putting in place measures such as carbon pricing, subsidies, and mandates for renewable fuels to decrease emissions.