QYR Market Research Global Bio Methanol market research | Page 4

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• In consumption market, Western Europe and Northern Europe
are the mainly consumption regions due to the bigger demand of
downstream applications. In 2017, these two regions occupied
74.13% of the global consumption volume in total.
• Current bio-methanol demonstration projects focus mainly on
using waste and by-product streams from other industrial
processes as feedstock, which offer the best economics. With
environmental effect of bio methanol, the downstream
application industries will need more bio methanol products. So,
bio methanol has a huge market potential in the future.