Methanol Market to Witness Huge Growth by Key Players: Methanex Corporation, HELM Proman Methanol AG, Yanzhou Coal Mining Co

Global Methanol Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

COVID-19 Impact On Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry, and Region (North America, APAC, Europe, South America, MEA) - Global Forecasts to 2026.

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The global Methanol market is estimated to be USD 30.7 billion in 2021 and is projected to reach USD 36.3 billion by 2026, at a CAGR of 3.4% from 2021 to 2026.

The report provides a comprehensive analysis of company profiles listed below:
• Methanex Corporation (Canada)
• HELM Proman Methanol AG
• SABIC (Saudi Arabia)
• Yanzhou Coal Mining Co. (China)
• Zagros Petrochemical Company (ZPC) (Iran)
• Celanese Corporation (Texas)
• BASF SE (Germany)
• PETRONAS (Malaysia)
• Mitsubishi Gas Chemical Company Inc. (Japan)
• Mitsui & Co. Ltd. (Japan)
• LyondellBasell Industries B.V. (U.S)
• OCI N.V. (Netherlands)
• Metafrax Chemicals (Russia)
• SIPCHEM (Saudi Arabia)

“Coal feedstock is anticipated to grow at the highest CAGR during the forecast period”
Coal is estimated to account for the fastest growth in the methanol feedstock segment from 2021 to 2026. Coal is considered to be the sustainable alternative raw material for large-scale methanol production which is one the important reason for the increase in demand of coal as feedstock of methanol.

“MTO/MTP derivative is anticipated to grow at the highest CAGR during the forecast period”
Methanol-to-olefins/methanol-to-propylene (MTO/MTP) is estimated to account for the fastest growth in the methanol derivatives segment from 2021 to 2026. 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.

“Olefins sub-derivative is anticipated to grow at the highest CAGR during the forecast period”
Olefins is estimated to account for the fastest growth in the methanol sub-derivatives segment from 2021 to 2026. The growth is due to high demand of olefins in end-use industries such as building and construction industry. The increase in production of methanol and high feedstock availability will increase the demand for methanol-based sub-derivatives such as olefins.

“Solvents end-use industry is estimated to account for the fastest growth during the forecast period”
Solvents end-use industry is estimated to account for the fastest growth in the methanol sub-derivatives segment from 2021 to 2026. The growth in the solvent industry is due to increasing demand of solvents in the pharmaceutical, construction, and paints & coatings industries.

“Asia-Pacific is projected to grow at the highest CAGR during the forecast period”
Asia Pacific is projected to grow at the highest CAGR in the methanol market from 2021 to 2026. Asia Pacific 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.

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Competitive Landscape of Methanol Market:
1 Overview
2 Key Player Strategies
3 Revenue Analysis
3.1 Revenue Analysis Of Top Players In The Methanol Market
4 Market Share Analysis: Methanol Market (2020)
5 Competitive Leadership Mapping, 2020
5.1 Star
5.2 Emerging Leaders
5.3 Pervasive
5.4 Participants
6 Competitive Benchmarking
6.1 Strength Of Product Portfolio
6.2 Business Strategy Excellence
7 Small And Medium-Sized Enterprises (Sme) Matrix, 2020
7.1 Progressive Companies
7.2 Dynamic Companies
7.3 Responsive Companies
7.4 Starting Blocks
8 Competitive Scenario And Trends

Research Coverage:
This report offers an overview of market trends, drivers, and challenges with respect to the methanol market. It also provides a detailed overview of the market across five regions, namely, Asia-Pacific, Europe, North America, Middle East & Africa, and South America. The report categorizes the methanol market on the basis of type, capacity, application, and region. A detailed analysis of leading players, along with key growth strategies adopted by them, are also covered in the report.

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