Methanol Market Size, Share, Trends, Regional Analysis and Forecast 2027 |Methanex Corporation, Methanol Production Company, Eastman Chemical Company, BASF SE, SABIC, and Petronas and Others

PMR has announced the addition of the "Methanol Market Report 2019-2026 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Methanol Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

The Methanol Market report is a compilation of first-hand information, qualitative and competitive assessment industry analysts, inputs from industry experts and industry participants across the value chain. The research report market provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments, trending Key Factors and geographies.

The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a CAGR of 9.8% during the forecast period, according to a new study published by Polaris Market Research. The report 'Methanol Market Share, Size, Trends, & Industry Analysis Report, [By Feedstock (Natural Gas, Coal), By Derivatives (Formaldehyde, Acetic Acid, Gasoline, MTO, Gasoline, MMA), By End-Use (Automotive, Construction, Electronics, Paints & Coatings, Pharmaceuticals), By Regions]: Segment Forecast, 2019 - 2026' provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the natural gas feedstock segment dominated the market, in terms of revenue. In 2018, North America accounted for the majority share in the global market.

Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies. Ask for Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/methanol-market/request-for-sample

Global methanol market constitutes of large number of multinational and domestic companies and is highly fragmented. Some of the major industry players for methanol include Methanex Corporation, Methanol Production Company, Eastman Chemical Company, BASF SE, SABIC, and Petronas.

Polaris Market Research has segmented the global Methanol market on the basis of Product, Derivative, End-Use and region:

Methanol Product Outlook

Natural Gas
Coal
Others

Methanol Derivative Outlook

Formaldehyde
Acetic Acid
Gasoline
MTO
MMA
Others

Methanol End-Use Outlook

Automotive
Construction
Electronics
Paints & Coatings
Pharmaceuticals
Others

Get Offer on Report: https://www.polarismarketresearch.com/industry-analysis/methanol-market/request-for-discount-pricing

Methanol is one of the largely produced chemicals in bulk by making use of feedstock such as natural gas and coal. Approximately 200,000 kilo tons of methanol is being consumed every day for the production of other chemicals or as transportation fuels. The global methanol industry apart from large number of producers constitutes of thousands of technology innovators, distributors, service providers, and downstream manufacturers.

Rising formaldehyde manufacturing is primarily driving the global methanol demand. Methanol is a key chemical in the production of formaldehyde which is further modified to from glues, resins, and plastics. It is also used largely in the production of acetic acid which is used in the manufacturing of PET products and polyester fibers. Methanol is among one of the largest industrial chemicals that is an essential building block for other chemical compounds.

One of the fastest growing end-use of methanol in the current scenario includes methanol to olefins (MTO). Ethylene and propylene are olefins with massive demand in the plastic growth. MTO growth opportunities have majorly appeared in China and are typically produced by the steam cracking of ethane and naphtha.

Methanol market is crucially more complex with some of its derivative affordability highly dependent on fluctuations in the prices of crude oil. The global methanol industry is anticipated to witness moderate growth rates during the forecast period. This is due to maturity in direct gasoline blending and moderating growth rates of MTO projects, especially arising from the Northeast Asia.

The end-use applications of methanol are further serving applications in direct sectors such as packaging, textiles, construction, coatings, furniture, paints, and few others. The overall market demand of methanol is considerably complex and is impacted by several factors such as fuel consumption, fuel prices, biofuel mandates, environmental policies, plastic consumption, chemical demand, and consumer housing/construction markets.

Asia Pacific is the dominant regional market for methanol followed by North America and Europe respectively. Northeast Asia is is the major region for the production of methanol. While the production stagnated in most of the regions since the turn of the century, it gained immense significance in Northeast Asia due to high demand from China.

Regions such as Middle East are low cost regions with competitive production, where it is basically a swing supplier to North America and Europe. The global ethanol pricing originates is China and on basis of same benchmarking the prices are set by the Middle East.

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