Epoxy curing agent News Green methanol will promote carbon neutrality. Currently, most of the global production capacity is concentrated in Western Europe.

Green methanol will promote carbon neutrality. Currently, most of the global production capacity is concentrated in Western Europe.

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Green methanol will promote carbon neutrality. Currently, most of the global production capacity is concentrated in Western Europe

At present, the global green methanol market is still in the early stages of development, with relatively small industry production capacity and accounting for less than one percent of the global methanol market. Globally, methanol production capacity is mainly concentrated in the Middle East, East Asia, Southeast Asia, and North America. From a country perspective, China, Saudi Arabia, and Russia are the world’s major methanol producers. my country is the world’s largest producer and consumer of methanol, accounting for about half of the global production capacity. However, currently, my country’s methanol is mainly black and gray methanol. Under the background of carbon neutrality and carbon peak strategies, my country’s green methanol industry has great development potential. great.

Methanol is a new type of clean energy that appears as a transparent liquid. According to different production processes, methanol can be divided into black methanol, gray methanol, blue methanol and green methanol. Black methanol uses coal as raw material, and most of the global production capacity is concentrated in China; gray methanol uses natural gas as raw material and is produced through conversion, distillation and synthesis processes; blue methanol is produced from wastewater and industrial by-products and is a renewable methanol ; Green methanol can be produced through a variety of methods, such as carbon dioxide, renewable energy, etc., and is globally recognized as the only way to achieve carbon neutrality.

According to the “2021-2026 Green Methanol Industry Market In-depth Research and Investment Prospects Forecast Analysis Report released by the Industrial Research Center, the Driven by EU regulations and environmental protection policies, the global green methanol production capacity planned, under construction, and put into production is mainly concentrated in Western Europe. With the commissioning of relevant planned and under construction projects, Western Europe’s green methanol production capacity will show a rapid growth trend, and it is expected to be 2026. Breaking through 1 million tons, it is expected that after 2040, the production capacity of green methanol and blue methanol will surpass gray methanol and become the mainstream products in the market.

In 2020, my country’s dependence on foreign crude oil will exceed 70%. As a major global emitter of carbon dioxide, the development of green methanol will not only help achieve carbon neutrality and reach carbon peak, but also promote energy structure reform and ensure national energy security. my country has green methanol raw materials and technological advantages, and the large-scale development trend of the green methanol industry is gradually emerging. For example, the carbon dioxide production green methanol project of Henan Anyang Shuncheng Group is about to be put into operation. The green methanol production capacity will reach 110,000 tons/year, reducing carbon dioxide emissions by 10 10,000 tons; the relevant equipment under construction at Shanxi Saiding Design and Research Institute can utilize about 750 million tons/year of biomass to produce more than 300 million tons of green methanol; Shanxi is the main coke production area in my country and can produce green methanol. Methanol production is about 14 million tons per year, and carbon dioxide consumption exceeds 12 million tons.

Industry analysts said that my country is the world’s largest producer and consumer of methanol, but domestically produced methanol is mainly black and gray methanol. , the proportion of green methanol production capacity is extremely low. The development of the green methanol industry is not only conducive to achieving carbon neutrality, but also ensuring my country’s energy security. Under the strategic goals of carbon neutrality and carbon peaking, my country’s green methanol industry has great development potential. As relevant projects under construction and proposed come into operation, green methanol is expected to replace gray methanol and become the mainstream product in the market in the future.

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