Market Overview

According to fortune business insights, the global renewable methanol market size was valued at USD 2371.91 million in 2025. The market is projected to grow from USD 3705.16 million in 2026 to USD 131364.46 million by 2034, exhibiting a CAGR of 56.21% during the forecast period. Asia-Pacific dominated the renewable methanol market with a market share of 32% in 2025.

The analysis has deep-dived into these insights in its latest research report, titled “Renewable Methanol Market, 2026-2034.”

The analysis shows that top companies are investing more in renewable methanol as industries transition toward low-carbon fuels. For example, the increasing adoption of methanol as a marine fuel and the development of waste-to-methanol projects indicate a strong demand for this sustainable alternative worldwide.

Major Players Profiled in the Market Report:

• Methanex Corporation (U.S.)
• Proman (Switzerland)
• Nouryon (Netherlands)
• BASF SE (Germany)
• Enerkem (U.S.)
• Liquid Wind (Sweden)
• Alberta Pacific (U.S.)
• Veolia (France)
• thyssenkrupp Uhde GmbH (Germany)
• Methanol Institute (U.S.)

Segments

Growing Waste-to-Methanol Projects to Propel Municipal Waste Segment Growth

Based on feedstock, the market is divided into municipal waste, agricultural waste, renewable energy, and others. The municipal waste segment holds the largest market share and dominates the market owing to the increasing number of waste-to-methanol projects, which help reduce landfill dependency and create clean fuel.

Rising Adoption as a Cleaner Fuel to Drive Gasoline Blending Segment Growth

By application, the market is categorized into gasoline blending, formaldehyde, MTO, acetic acid, and others. The gasoline blending segment is leading the market as there is high demand for methanol as an additive to improve combustion efficiency and reduce emissions in transportation fuels.