Methanol Market Future Growth Insight And Competitive Outlook | Atlantic Methanol; Methanex Corporation; China XLX Fertilizer Ltd.; Mitsui Chemicals, Inc
Global Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by 2026, registering a CAGR of 5.79% in the forecast period of 2019-2026. This rise in market value can be attributed to overall growth of the automotive industry globally.Global Methanol Market By Feedstock Type (Natural Gas, Coal, Others), Derivatives (Formaldehyde, Acetic Acid, MTBE, MMA, Gasoline Blending, Biodiesel, DME, TAME, DMT, MTO/MTP, Others), End-Use Industry (Construction, Automotive, Electrical & Electronics, Pharmaceuticals, Packaging, Paints & Coatings, Agriculture, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026.Download Exclusive Sample Copy of this Report 2020 across with 350 Pages and in-depth TOC Analysis@https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-methanol-market
Key Market Competitors:
SABIC; Celanese Corporation; Eastman Chemical Company; BASF SE; Atlantic Methanol; Methanex Corporation; China XLX Fertilizer Ltd.; Mitsui Chemicals, Inc.; Mitsubishi Chemical Holdings Corporation.; Petroliam Nasional Berhad (PETRONAS); Valero Marketing and Supply Company; Methanol Holdings (Trinidad) Limited; BP p.l.c.; Clariant; Coogee; Enerkem; GNFC Limited; Haldor Topsoe A/S; Oberon Fuels; OCI NV are few of the major competitors currently present in the market.
Methanol is used as a source or as a feedstock in the production of various other chemical components and products. Due to its characteristics of being similar to traditional fuel products with combustion, and availability it is being used as an alternative fuel in various transportation systems. It is known as wood alcohol because of its derivation from distillation of wood, but with advancements in technology a number of methods have been commercialized for its production.
Market Drivers:
o Increasing adoption of methanol as blended fuel in various transportation systems due to the concerns related to the environment; this factor is expected to act as a driver for the market growth
o Depletion of natural resources for usage as a fuel resulting in growth for various alternative products and solutions; this factor is expected to act as a driver for the market growth
Market Restraint:
o High cost of conversion of methane into liquids for the usage in different applications and end-user due to the lack of feasible and effective technology available are expected to restrain the market growth
Segmentation: Global Methanol Market
o By Feedstock Type
o By Derivatives
o By End-Use Industry
o By Geography
o North America
o South America
o Europe
o Asia-Pacific
o Middle East and Africa
Key Developments in the Market:
o In January 2019, SABIC announced that they had agreed with South Louisiana Methanol for the establishment and development of a chemicals plant situated in the United States. This decision comes after a significant rise in the demand for shale gas production from the region.
o In December 2018, SABIC announced that they had increased their share in the Arrazi Methanol Company after they had purchased 50% stake from Japan Saudi Arabia Methanol Company for USD 150 million. This expansion will significantly increase the production capacity of SABIC for methanol.
Competitive Analysis:
Global methanol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of methanol market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Table of Content: Global Methanol Market :-
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Methanol Market Landscape
Part 04: Global Methanol Market Sizing
Part 05: Global Methanol Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Continue....
Table Of Contents Is Available Here@https://www.databridgemarketresearch.com/toc/?dbmr=global-methanol-market
Report Highlights : Methanol Market
Detailed overview of parent market (Methanol Market)
Market dynamics in the Methanol market
In-depth Methanol market segmentation
Historical, current, and projected Methanol market size in terms of volume and value
Recent industry trends and developments in the global Methanol market
Competitive landscape
Strategies of key players and products offered in the global Methanol market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Methanol market performance
Must-have information for market players in Methanol market to sustain and enhance their market footprint.
To Get This Report at an Attractive Cost, Click @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-methanol-market
Reasons to Purchase this Methanol Market Report:
Current and future of global Methanol market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Key Questions Answered
Who are the Leading key players and what are their Key Business plans in the Global Methanol market?
What are the key concerns of the five forces analysis of the Global Methanol market?
What are different prospects and threats faced by the dealers in the Global Methanol market?
What are the strengths and weaknesses of the key vendors?
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