Renewable Methanol Market Forecast: $5.52B by 2035, E-Methanol Growth and Shipping Demand

This article covers a Credence Research forecast for renewable methanol, which includes bio-methanol from biomass and biomethane plus e-methanol made from captured CO2 and renewable hydrogen. The market is put at USD 439.5 million in 2025 and projected to reach USD 5.52 billion by 2035, a stated CAGR of 28.79%. Biomass-based methanol dominates feedstock revenue, while carbon-capture e-methanol is the fastest-growing route, driven by shipping demand and chemical industry decarbonization. The report notes real commercial milestones like the Kassø e-methanol plant in Denmark and a large forecast jump for marine fuel use, but also flags the one-year delay in IMO net-zero fuel rules. That makes the outlook depend heavily on regional regulation like FuelEU Maritime and on long-term offtake contracts. Useful for anyone tracking low-carbon fuels, shipping decarbonization, or renewable hydrogen projects.