The green methanol market is experiencing significant growth, with projections to reach USD 11.18 billion by 2030 at a CAGR of 34.0%. This growth is fueled by a strong emphasis on reducing greenhouse gas emissions and addressing climate change concerns. Green methanol is gaining popularity as a sustainable alternative to traditional fossil fuel-derived methanol, thanks to its lower environmental impact. The biomass segment is highlighted as a key player in the market, utilizing renewable resources like agricultural residues and forestry waste to produce methanol. Government incentives for using biomass as a feedstock make biomethanol production economically attractive, positioning it as a cost-effective option compared to hydrogen-based sources. In terms of applications, the fuel segment, especially in transportation, is witnessing rapid growth. The need for low-carbon alternatives, driven by emissions regulations, is propelling the demand for green methanol. Industries like shipping are turning to green methanol as a sustainable substitute for conventional fuels, supported by initiatives like the IMO regulations. Government policies promoting renewable energy usage and reducing greenhouse gas emissions are major catalysts for investment and expansion in the green methanol market. Incentives and subsidies are further encouraging the adoption of green methanol as a primary alternative fuel in various sectors, contributing to the global transition towards a sustainable and low-carbon energy future.