Green Methanol Market Accelerates- Propelled by 12.82% CAGR Amidst Awareness
According to TechSci Research report, “ Green Methanol Market - By Region, Competition, Forecast and Opportunities, 2028”, the global green methanol market size was USD 387.92 million in 2022 and is anticipated to increase at a CAGR of 12.82% in the period, 2023-2028. A significant factor fueling the growth of the global green methanol market is the growing awareness of global warming and the rising demand of clean fuel. Carbon emissions, primarily in the form of carbon dioxide (CO 2 ), significantly affect climate change and global warming. As the world grapples with the consequences of rising temperatures, extreme weather events, and environmental degradation, governments and international organizations have recognized the urgent need to address carbon emissions. Green methanol is a low-carbon fuel that cuts carbon dioxide emissions by 95%, reduces nitrogen oxide emissions by 80%, and completely eliminates sulfur oxide and particulat...