Market overview
The global green methanol market is worth USD 676 mn in 2026 and is forecast to reach USD 5.8 bn by 2036, growing at a 24.0% CAGR. China is the largest country market and Biomethanol from biomass and biogas is the largest by production route segment.
| Scope | Methanol made from biomass, biogas, captured carbon dioxide and renewable hydrogen, sold as marine fuel, chemical feedstock and blending fuel. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 520 mn |
| Value 2026 | USD 676 mn |
| Value 2036 | USD 5.8 bn |
| CAGR 2026-2036 | 24.0% |
| Volume 2026 | 597 thousand tonnes |
| Volume 2036 | 6,279 thousand tonnes |
| Average price 2026 | USD 1,132 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Green Methanol market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 676 mn |
| 2027 | USD 838 mn |
| 2028 | USD 1.0 bn |
| 2029 | USD 1.3 bn |
| 2030 | USD 1.6 bn |
| 2031 | USD 2.0 bn |
| 2032 | USD 2.5 bn |
| 2033 | USD 3.0 bn |
| 2034 | USD 3.8 bn |
| 2035 | USD 4.7 bn |
| 2036 | USD 5.8 bn |
Green Methanol market segmentation
By production route
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Biomethanol from biomass and biogas | 58.0% | 36.6% | USD 392 mn | 18.4% |
| E-methanol from green hydrogen and captured CO2 | 30.0% | 57.0% | USD 203 mn | 32.2% |
| Waste-to-methanol | 12.0% | 6.4% | USD 81 mn | 16.4% |
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Marine fuel | 40.0% | 67.2% | USD 270 mn | 30.6% |
| Chemicals | 38.0% | 20.8% | USD 257 mn | 16.8% |
| Road fuel blending | 12.0% | 7.8% | USD 81 mn | 18.7% |
| Power and other | 10.0% | 4.2% | USD 68 mn | 13.8% |
By feedstock
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Biomass | 40.0% | 36.0% | USD 270 mn | 22.7% |
| Biogas and biomethane | 22.0% | 20.0% | USD 149 mn | 22.8% |
| CO2 and green hydrogen (e-methanol) | 30.0% | 38.0% | USD 203 mn | 27.0% |
| Municipal waste | 8.0% | 6.0% | USD 54 mn | 20.5% |
By purity
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Fuel grade | 54.0% | 58.0% | USD 365 mn | 24.9% |
| Chemical grade | 34.0% | 30.0% | USD 230 mn | 22.5% |
| AA grade | 12.0% | 12.0% | USD 81 mn | 24.0% |
By offtake model
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Long-term offtake | 66.0% | 64.0% | USD 446 mn | 23.6% |
| Spot sales | 14.0% | 14.0% | USD 95 mn | 24.0% |
| Captive use | 20.0% | 22.0% | USD 135 mn | 25.2% |
Top 25 countries for green methanol by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 87.0% of 2026 revenue and the 25 countries below together hold 96.2%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 149 mn | 22.0% | USD 1.7 bn | 27.6% |
| 2 | Denmark | USD 81 mn | 12.0% | USD 674 mn | 23.6% |
| 3 | Netherlands | USD 68 mn | 10.0% | USD 476 mn | 21.6% |
| 4 | Germany | USD 54 mn | 8.0% | USD 354 mn | 20.7% |
| 5 | United States | USD 54 mn | 8.0% | USD 383 mn | 21.6% |
| 6 | Singapore | USD 54 mn | 8.0% | USD 488 mn | 24.6% |
| 7 | Sweden | USD 41 mn | 6.0% | USD 337 mn | 23.6% |
| 8 | Japan | USD 34 mn | 5.0% | USD 238 mn | 21.6% |
| 9 | South Korea | USD 34 mn | 5.0% | USD 279 mn | 23.5% |
| 10 | Norway | USD 20 mn | 3.0% | USD 145 mn | 21.8% |
| 11 | Finland | USD 9.4 mn | 1.4% | USD 73 mn | 22.8% |
| 12 | Belgium | USD 6.8 mn | 1.0% | USD 52 mn | 22.7% |
| 13 | Canada | USD 5.5 mn | 0.8% | USD 44 mn | 23.1% |
| 14 | Spain | USD 4.9 mn | 0.7% | USD 38 mn | 22.9% |
| 15 | Chile | USD 4.3 mn | 0.6% | USD 40 mn | 24.8% |
| 16 | Australia | USD 4.0 mn | 0.6% | USD 33 mn | 23.6% |
| 17 | France | USD 3.7 mn | 0.6% | USD 28 mn | 22.3% |
| 18 | India | USD 3.5 mn | 0.5% | USD 34 mn | 25.8% |
| 19 | Italy | USD 3.3 mn | 0.5% | USD 25 mn | 22.4% |
| 20 | Egypt | USD 3.1 mn | 0.5% | USD 30 mn | 25.5% |
| 21 | Poland | USD 3.0 mn | 0.4% | USD 26 mn | 24.3% |
| 22 | United Arab Emirates | USD 2.8 mn | 0.4% | USD 26 mn | 24.9% |
| 23 | Oman | USD 2.8 mn | 0.4% | USD 27 mn | 25.4% |
| 24 | Brazil | USD 2.6 mn | 0.4% | USD 22 mn | 23.7% |
| 25 | Malaysia | USD 2.6 mn | 0.4% | USD 23 mn | 24.6% |
| Rest of world | USD 26 mn | 3.8% | USD 210 mn | 23.4% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- OCI
- Methanex
- Mitsubishi Gas Chemical
- Sinopec
- Proman
- Celanese
- Perstorp
Group 2: Regional and specialist players
- European Energy
- Carbon Recycling International
- Goldwind
- Shanghai Electric
- Enerkem
- Södra
- Geely Holding
- Elyse Energy
Group 3: Emerging and niche players
- Liquid Wind
- HIF Global
- C2X
- Power2X
- Gidara Energy
- SunGas Renewables
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the green methanol market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 24.0% is calculated from the resulting values.
The market is divided by production route, by end use, by feedstock, by purity, by offtake model. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the green methanol market?
The global green methanol market is estimated at USD 520 mn in 2025 and USD 676 mn in 2026.
How fast will the green methanol market grow?
It is forecast to reach USD 5.8 bn by 2036, a compound annual growth rate of 24.0% from 2026, an increase of USD 5.1 bn.
Which country is the largest market for green methanol?
China is the largest market by revenue at USD 149 mn in 2026, 22.0% of the global total. The three largest countries together hold 44.0%.
Which country is growing fastest?
Among the ten largest markets, China is growing fastest at 27.6% a year from 2026 to 2036.
Which green methanol segment is largest?
In the by production route split, Biomethanol from biomass and biogas is the largest segment with 58.0% of 2026 revenue.
Who are the leading green methanol companies?
Global leaders include OCI, Methanex, Mitsubishi Gas Chemical, Sinopec.
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