Renewable Methanol Market Potential Growth, Size, Share, Demand and Analysis by 2026
Renewable Methanol Market Potential Growth, Size, Share, Demand and Analysis by 2026 According to the report, global sales of renewable methanol is estimated to be valued at US$ 133.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 5.2% over 2015. Future Market Insights delivers key insights on the global renewable methanol market in its latest report titled “Renewable Methanol Market: Global Industry Analysis and Opportunity Assessment”. Renewable methanol is a second generation biofuel and is derived from renewable sources such as biomass, industrial waste, municipal waste, and industrial CO2. Renewable methanol is used as a transportation fuel after blending it with other chemicals. The main reason for the rise in demand for renewable methanol as a fuel is the implementation of regulations especially in Europe and North America that over 10% of the transport fuel should come from renewable sources by the end of 2020. Renewable methanol that is produced through the gasification