Global Market Forecast
Ethanol Fuels
The overall ethanol biofuel market is projected to reach US$253.72 billion in 2036, with a CAGR of 11% from 2026 to 2036. Another forecast indicates that the global fuel ethanol market will exceed US$120 billion in 2030, with a CAGR of 4.8% from 2022 to 2030.
The pure bioethanol market is projected to reach US$19.17 billion in 2034, with a CAGR of 5.81% from 2026 to 2034.
Biomass Alcohols/Green Methanol (Green Alcohol)
The biomass ethanol fuel market is projected to reach US$28 billion in 2033, with a CAGR of 8% from 2025 to 2033. Global Potential Demand for Green Methanol: CITIC Securities predicts that global potential demand for green methanol will reach 36 million tons by 2030, an 11-fold increase compared to 3 million tons in 2025, with a long-term market potential of trillions of yuan for the overall green liquid fuel.
China Market Forecast
Traditional Alcohol Fuels: my country is the world's largest producer and consumer of methanol. By the end of 2025, total methanol production capacity had reached 115 million tons/year. With the expansion of fuel applications, methanol fuel has become a new engine for industry growth. Apparent methanol consumption exceeded 114 million tons in 2025, with its share in the fuel sector continuing to rise.
Green Methanol (Core Growth Driver): According to Roland Berger's forecast:
By 2030, my country's demand for green methanol will be approximately 12 million tons, accounting for nearly 50% of the global market. By 2050, my country's demand for green methanol will further increase to approximately 120 million tons, with over 90% of the demand driven by marine fuel applications.
The methanol fuel segment for vehicles: Industry forecasts indicate that by 2030, the number of methanol-powered vehicles in China will exceed 2 million, driving an increase in methanol fuel demand of over 10 million tons, corresponding to a market size of over 10 billion yuan for methanol fuel for vehicles.