QYR Market Research Global Bio Methanol market research | Page 3

QYResearch
• Bio methanol (also called renewable methanol) is chemically identical to
conventional methanol. The main advantage of bio-methanol is the reduction
of fossil fuel use and greenhouse gas emissions compared to conventional
methanol production, and the possibility to convert into bio-methanol (by
gasification) a range of renewable feedstock.
• Bio methanol is a technical industry. Currently, there are several producing
companies in the world bio methanol industry. The main players are BioMCN,
Carbon Recycling International and Enerkem. The global sales of bio
methanol will increase to 83865 MT in 2018 from 20830 MT in 2013.