Bio Methanol Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

India Bio Methanol Market Size
The global Bio Methanol revenue was US$ 91 million in 2022 and is forecast to a readjusted size of US$ 923.9 million by 2029 with a CAGR of 46.1% during the forecast period (2023-2029).

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and India Bio Methanol Market
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.
In India, the Bio Methanol revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global key producers of biomethanol are OCI/BioMCN, BASF, Methanex, Enerkem, Södra, Alberta-Pacific, and others. The top six producers together account for more than 95% of the market share, with the largest producer being OCI/BioMCN with 70% share. The global origins are mainly located in North America, Europe, China, etc., with Europe being the largest production region with a 50% share. In terms of material sources, biomegas occupies the majority of the market share, accounting for more than 80%, followed by by-products and waste, accounting for 15% and 5%, respectively. In terms of its applications, methyl tert-butyl ether (MTBE) holds 60% of the market share. In addition, fuels and dimethyl ether (DME) are also its application areas.
This report focuses on global and India Bio Methanol market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Bio Methanol will continue to grow rapidly in the future.
Global Bio Methanol Scope and Market Size
Bio Methanol market is segmented in regional and country, by players, by material sources and by application. Companies, stakeholders, and other participants in the global Bio Methanol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by material sources and by application for the period 2018-2029.
For India market, this report focuses on the Bio Methanol market size by players, by Material Sources and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

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Segment by Application
• MTBE
• DME
• Fuels
• Others

Segment by Material Sources
• Biogas Sourced
• Waste Sourced
• By-Product Sourced

By Company
OCI(BioMCN), BASF, Methanex, Enerkem, Södra, Alberta-Pacific, Metsä Fibre, Glocal Green, GIDARA Energy, WasteFuel, Abel Energy, NextChem, Debo, Green Technology Bank, CIMC ENRIC

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