Methanol Market Growth Factors and Trends with Focusing 2026

Methanol Market
Methanol, chemical formula (CH3OH), is colorless and volatile liquid alcohol produced by oxidizing methane. The compound finds application in the transportation industry as an alternative fuel for its high-octane rated, excellent blending properties. Methanol is environmentally-friendly, reduces greenhouse, and is considered as an ideal alternative for crude oil, gasoline, and diesel fuel.

Methanol is used across several applications, from biomass to landfill gases. The compound can be obtained from wasted CO2 to generate electricity. Since the 1800s, methanol, a primary feedstock, has been serving as the world’s widely used industrial chemicals, mainly produced using natural gas. Globally, the methanol plant produces around 5,000 metric tons that are 2.3 billion liters of methanol every day by reforming natural gas.

The Major Players Covered in this Report:
Celanese Corporation, Caribbean Gas Chemical, US Methanol, Natgasoline LLC, Valero Energy Corp., BASF SE, Mathanex Corporation, Mitsubishi Gas Chemical Co., Inc., British Petroleum, Shell, CNOOC, PEMEX, China Shenhua Energy, Amuminium Corporation of China Limited, China Coal Energy, SABIC 

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By Feedstock Type, Natural gas, Coal By Application, Formaldehyde, Acetic acid, MTBE, DME, Fuel blending, MTO, Biodiesel By End-User, Construction, Automotive, Electrical & electronics, Pharmaceutical, Packaging, Paints & coatings

Pharmaceutical Segment to Dominate the Methanol Market

The pharmaceutical segment dominates the methanol market and will continue the same during the forecast period. Methanol is used as a solvent for manufacturing cholesterol, streptomycin, vitamins, hormones, and other pharmaceutical drugs. As per the data provided by the Observatory of Economic Complexity (OEC), the sales of special pharmaceuticals were valued at USD 12.2 billion in 2017 and are projected to double in the coming years. As per the data provided by the European Federation of Pharmaceutical Industries and Associations, the market witnessed rapid growth in research activities in Brazil, India, and China, which is about 11.5%, 11%, and 9.4%, respectively.

In the last few years, the pharmaceutical industry has been expanding at an exponential rate, further increasing the demand for methanol. Today, India is one of the largest providers of generic drugs worldwide, and the expansion of the pharmaceutical sector in the country has propelled the demand for methanol. In 2017, the Indian pharmaceutical industry registered about 46 merger & acquisition deals worth USD 1.47 billion. As per IBEF, in October 2018, the Uttar Pradesh State (India) Government declared to establish six pharma parks and has funded about USD 712–855 million.

Regional Analysis For Methanol Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Methanol are as follows:

• History Year: 2014-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year 2021 to 2026

The study objectives of this report are:

• To study and forecast the market size of the Methanol in the global market.
• To analyze the global key players, SWOT analysis, value, and global market share for top players.
• To define, describe and forecast the market by type, end-use, and region.
• To analyze and compare the market status and forecast among global major regions.
•  Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
• Identify the key trends and factors that are driving or holding back market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
• Strategic analysis of each submarket in light of individual growth trends and market contributions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• Complete analysis of the strategic strategy and growth of key players
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