Methanol Market Business Growth Statistics and Key Players Insights | Top Leaders- Celanese Corporation; Eastman Chemical Company; BASF SE; Methanex Corporation; Mitsui Chemicals, Clariant

Methanol Market analysis report aids in achieving a sustainable growth in the market, by providing a well-versed, specific and most relevant product and market information. The market drivers and restraints have been described using SWOT analysis. Business intelligence has been applied to generate this market report which is a vital aspect when it comes to accomplish thorough and wide-ranging market insights. This market report will also surely help in the journey to achieve the business growth and success. The Methanol Market report also provides an intuitive overview of product specification, technology, applications, product type and production analysis considering major factors such as Revenue, Cost, and Gross Margin.

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.

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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.

Global Methanol Market Segmentation:

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)

With the Methanol Market analysis report, the strength and weakness of the competitors can be assessed. The dimensions of the marketing problems can be identified with the report. It helps in ascertaining the distribution methods suited to the product and estimating the market share and probable sales volume of a firm. The report is an aid to assess the reaction of the consumers to the packaging of the firm and to make packaging as attractive as possible. This Methanol Market report makes it easy to know the transportation, storage and supply requirements of its products.

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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.

Top Players- 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.

Recent Developments in the Market:

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.

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.

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Customization Options

All segmentation provided above in this report is represented at country level and can be customized according to needs.

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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