Press release
Latest Methanol Market by Feedstock: Natural Gas, Coal | Derivative: Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA
The global Methanol market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025, at a CAGR of 5.5% from 2020 to 2025.ReportsnReports added Methanol Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Methanol Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Methanol Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.
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Top Company Profile Analysis in this Report-
Methanex Corporation (Canada), ), SABIC (Saudi Arabia), PETRONAS (Malaysia), Mitsubishi Gas Chemical Company (Japan), and Mitsui & Co., Ltd. (Japan),among others.
Methanol finds applications in various end-use industries such as automotive, construction, electronics, solvents, pharmaceuticals, appliances, packaging, and insulation due to its unique properties.The automotive segment led the methanol market in 2019, accounting for a share of 24.8%, in terms of value
TMTO/MTP is the fastest-growing derivative segment in the methanol market. The growth is due to the rise in MTO/CTO plants in China to produce olefins through methanol, as the demand for olefins is growing in the petrochemical industry. The growing demand for methanol is highly attributed to its increasing demand in the automotive and construction end-use industries. These industries together accounted for about 45.4% share of the total market for methanol in 2019.
The automotive industry was the largest consumer of methanol, in terms of value, in 2019. The high demand for methanol as an alternative fuel for automotive applications is the main driving factor. During the forecast period, the automotive end-use industry is expected to rise in significance in the methanol market.
APAC is the largest and fastest-growing market of methanol, with China and India being the major emerging markets.The growth can be attributed to the rapidly increasing demand for methanol from the automotive and construction industries. China is a major manufacturer of methanol and had the highest consumption of methanol. It accounted for a share of about 83.6% of the methanol market, in terms of volume, in 2019. The increasing demand for UF/PF resins and increasing methanol usage as an emerging fuel for automotive are the key factors expected to drive the demand for methanol during the forecast period.
This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region.
By Company Type- Tier 1- 55%, Tier 2- 20%, and Tier 3- 25%
By Designation- C Level- 40%, Directors – 35%, and Others - 25%
By Region- North America- 40%, Europe- 20%, Asia Pacific- 30%, Middle East – 8%, and South America - 2%
Single User License: US $ 4950
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Key Benefits of Buying the Report:
Comprehensive coverage and analysis of the methanol market in Asia Pacific, Europe, North America, Middle East & Africa, and South America
Competitive landscape of major players and their developments in methanol market
A list of VOC regulations driving the market in key countries and regions
Identifying high-potential opportunities for methanol
Identifying and targeting high-growth application segments
Table of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Scope Of The Market
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Supply-Side Analysis
2.2.2 Market Number Estimation
2.2.3 Forecast
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities In The Methanol Market
4.2 Methanol Market, By End-Use Industry
4.3 Methanol Market, By Derivatives
4.4 Methanol Market, By Feedstock
4.5 Methanol Market, By Sub-Derivative
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand For Petrochemicals In Apac
5.2.1.2 Growing Demand From Automotive And Construction End-Use Industries
5.2.2 Restraints
5.2.2.1 Use Of Fuel Grade Ethanol Or Bio Ethanol In Comparison To Methanol
5.2.3 Opportunities
5.2.3.1 Use Of Methanol As A Marine Fuel
5.2.4 Challenges
5.2.4.1 Capital Intensive Environment
5.3 Value-Chain Analysis
6 Industry Trends
6.1 Porter’s Five Forces Analysis
6.1.1 Threat Of New Entrants
6.1.2 Threat Of Substitutes
6.1.3 Bargaining Power Of Suppliers
6.1.4 Bargaining Power Of Buyers
6.1.5 Intensity Of Competitive Rivalry
6.1.6 Impact Of Covid-19 On Supply Chain
6.2 Technology Analysis
6.3 Pricing Analysis
6.4 Regulations
6.4.1 Detailed Regulations Analysis Impacting Methanol Market
6.5 Macroeconomic Indicators
6.5.1 Introduction
6.5.2 Trends And Forecast Of Gdp
6.5.3 Global Electronics Industry And Economic Outlook
6.5.4 Trends And Forecast In The Construction Industry
7 Methanol Market, By Feedstock
7.1 Introduction
7.2 Methanol Market, By Feedstock
7.3 Coal
7.4 Natural Gas
7.5 Others
8 Methanol Market, By Derivative
8.1 Introduction
8.2 Formaldehyde
8.2.1 Massive Economic Expansion And Growing E&P Activities
8.3 Gasoline
8.3.1 Growing Transporation Sector Increasing Demand
8.4 Methanol To Olefins/Methanol T0 Propylene (Mto/Mtp)
8.4.1 High Demand For Plastics Such As Polyethylene And Polypropylene In End-Use Industries
8.5 Medical Methyl Tert-Butyl Ether (Mtbe)
8.5.1 Excessive Use Of Mtbe In Various End Use Industries
8.6 Acetic Acid
8.6.1 High Demand For Vam In Various End-Use Industries
8.7 Dimethyl Ether (Dme)
8.7.1 Various Applications Of Dme Is The Major Growth Factor
8.8 Methyl Methacrylate (Mma)
8.8.1 Growing Demand In Electronic And Other End-Use Industries
8.9 Biodiesel
8.9.1 Usage Of Biodiesel As Conventional Fuel
8.10 Others
and more...
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