Green Methanol Market to Gain from Increasing Environmental Concerns
According to ChemAnalyst report, “Global Green Methanol Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-Use, Sales Channel, Regional Demand, Company Share, Manufacturing Process, and Policy and Regulatory Landscape, 2015-2032,” the market for green methanol across the world is likely to witness a significant rise at a CAGR of 22% during the forecast period. The market is expected to gain from the rising concerns about climate change and the increase in government regulations promoting the use of renewable fuels over the next few years. Green methanol, also known as renewable methanol or bio-methanol, is a sustainable alternative to conventional methanol, produced from renewable sources, such as biomass, CO2 recycling, and renewable hydrogen. It is a liquid fuel with similar chemical properties to conventional methanol but produced using sustainable methods. The global demand for green methanol ha...