Methanol Market Sharing Top Key Players: Celanese Corporation, BASF SE, Methanex Corporation, SABIC, Petroliam Nasional Berhad, Mitsubishi Gas Chemical Company Inc. and etc

Methanol Market Introduction:
As per analysis, APAC is expected to account the highest growth during the forecast period due to huge consumption, emerging economies, favorable economic condition, and others. The global methanol market is expected to reach USD 61 Billion at the end of the forecasted period and is expected to grow at CAGR of around 7.5%.

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:
Methanol Market are: 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), and Solventis (UK).

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 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 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….,

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