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Methanol Market 2022 Industry Growth, Emerging Trends, Segments, Revenue, Share, Size, Demand and Forecast to 2028

09-01-2022 09:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

ethanol Market

ethanol Market

Methanol, also known as methyl alcohol is the simplest alcohol compound utilized as an additive in industrial applications; it is a flammable, colorless, and toxic liquid chemical with a trivial smell. Methyl alcohol is used to produce formaldehyde, acetic acid, and methyl methacrylate (MMA) and is also used as a solvent in several applications. Iis also used to produce methyl-tert-butyl-ether (MTBE), which is employed as an octane booster or a gasoline compound. It is extensively used in producing plastics, adhesives, insulation materials, textiles, and food chemicals.

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Global Methanol Market: Regional Analysis-

The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region. The report offers in-depth assessment of the growth and other aspects of the Methanol Market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

MARKET SEGMENTATION-

Based on application, the automotive segment accounted the largest share of the global methanol market. Methanol is an alternative biofuel for internal combustion and other engines. It is less expensive to produce sustainably than ethanol fuel. A blend of methanol, ethanol, and petroleum is used for optimizing engine performance and fuel availability. Hence, the segment is leading the table.

Global Methanol Market: Competitive Landscape-

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Major Key Points of Methanol Market
• METHANEX CORPORATION
• OCI N.V.
• BASF SE
• SABIC
• MITSUBISHI GAS CHEMICAL COMPANY, INC.
• HELM AG
• CELANESE CORPORATION
• ZAGROS PETROCHEMICAL COMPANY
• MITSUI AND CO., LTD.
• LYONDELLBASELL INDUSTRIES HOLDINGS B.V.

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position are explained to help make a well informed decision. Competitive landscape of Methanol market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, and Chemicals

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