Methanol Market Outlook 2023 Analysis, Growth by Top Companies – Celanese, BASF, Methanex, SABIC, PETRONAS, Mitsubishi Gas Chemical, Valero, Mitsui, Zagros Petrochemical, Methanol Holdings Trinidadmarket for 2018-2023.
Methanol is a chemical with the formula CH3OH. Methanol is the simplest alcohol, consisting of a methyl group linked to a hydroxyl group. It is a light, volatile, colorless, flammable liquid with a distinctive odor similar to that of ethanol.
The increasing use of methanol as fuel in the automotive industry, increasing olefins production from methanol-to-olefin/methanol-to-propylene (MTO/MTP) plants in China, increasing petrochemicals demand, globally, continuous expansions, and various joint ventures & agreements undertaken by different companies are the key factors for the growth of the global market.
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Over the next five years, RRI(RRI Information) projects that Methanol will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Methanol market by product type, application, key manufacturers and key regions.
To calculate the market size, RRI Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Packaging (PET Bottles)
Paints & Coatings
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This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Mitsubishi Gas Chemical
Methanol Holdings Trinidad
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Methanol consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Methanol market by identifying its various subsegments.
Focuses on the key global Methanol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Methanol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Methanol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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