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Methanol Global Market Outlook Industry Size, Demand and Production Forecasts, End-Use Demand Details, Price Trends, Growth Analysis By 2023

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Methanol Global Market Outlook Industry Size, Demand and Production Forecasts, End-Use Demand Details, Price Trends, Growth Analysis By 2023

August 27
15:54 2019
Methanol Global Market Outlook Industry Size, Demand and Production Forecasts, End-Use Demand Details, Price Trends, Growth Analysis By 2023

Methanol Market
Global Methanol Market: Information by Feedstock (Natural Gas, Oil, and Coal), Derivative (Formaldehyde, Acetic Acid, Dimethyl Ether, and Others), End-Use Industry (Transportation, Building and Construction, and Others), and Region—Forecast till 2023

Methanol Market Overview:

Methanol Market is expected to touch more than USD 61 Bn by 2022 with a CAGR of around 7.5%.

Methanol Market has seen a substantial growth due to increasing demand of from its application industries. This results into a higher growth rate at the end of forecasted period. As per the market analysis, different factors have created boom in the global methanol market are rising application segment, increasing demand for petrochemicals, growing construction and automotive industries and emerging economies.

Methanol has many industrial applications and is also found in a number of household products including varnishes, antifreeze, windscreen wash, and fuel for model aircraft. Every day approximately 225 Million Litres of methanol is used globally. Methanol is used to produce other chemical derivatives, which in turn are used to produce thousands of products that touch our daily lives.

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Methanol Market Key Players:

  • Celanese Corporation (US)
  • BASF SE (Germany)
  • Methanex Corporation (Canada)
  • SABIC (Saudi Arabia)
  • Petroliam Nasional Berhad (PETRONAS)
  • Mitsubishi Gas Chemical Company Inc. (Japan)
  • Valero Marketing and Supply Company (US)
  • Mitsui & Co. Ltd (Japan)
  • Zagros Petrochemical Company (Iran)
  • Sipchem (Saudi Arabia)
  • Simalin Chemical Industries Limited (India)
  • Solventis (UK)

Methanol Market Regional Analysis:

Geographically, Asia-Pacific region holds the major portion of global methanol market. China is the leading country in the market owing to growing olefins production in methanol plants. Increasing consumption of the product in construction, automotive, paints & adhesives, pharmaceutical and electronics has boosted the methanol market demand in China, India, Japan and Malaysia.

North America has witnessed significant growth owing to ample availability of natural gas reserves. Additionally, the European region has witnessed a stagnant growth due to insufficient raw materials available in the market. Therefore, the manufacturing units are shifted from Europe to developing countries owing to low labour costs.

Methanol Market Segmentation:

Methanol market has been segmented by feedstock, derivative, end-use industry, and region.

Based on feedstock, the market has been segmented into natural gas, oil, coal, renewable resources, and others.

Based on derivative, the market has been segmented into formaldehyde, acetic acid, dimethyl ether, gasoline, solvents, methanol to olefins, methyl tart butyl ether, methyl methacrylate, and others.

Based on end-use industry, the market has been segregated into transportation, building and construction, electrical and electronics, packaging, paints and coatings, pharmaceuticals, water treatment, and others.

Based on region, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Methanol Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Methanol Market

Methanol Market Table of Content to be Continue….,

Methanol Market List of Table:

Table 1 Global Methanol Market, By Region, 2016−2023

Table 2 North America: Methanol Market, By Country, 2016−2023

Table 3 Europe: Methanol Market, By Country, 2016−2023

Table 4 Asia-Pacific: Methanol Market, By Country, 2016−2023

Table 5 Middle East & Africa: Methanol Market, By Country, 2016−2023

Methanol Market List of Table to be Continue….,

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