Press release
Methanol Market Forecast to 2028 - COVID-19 Impact and Global Analysis (US$ 44.08 billion by 2028)
The scope of our recent study on "Methanol Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Derivative [Formaldehyde, Acetic Acid, Methanol-to-Olefins (MTO) / Methanol-to-propylene (MTP), Methyl Tertiary-Butyl Ether (MTBE), Methyl Methacrylate (MMA), Biodiesel (Gasoline Blending), Dimethyl Ether (DME), and Others], End-Use Industry (Automotive, Construction, Electronics, Packaging, Pharmaceuticals, Paints & Coatings, and Others), and Geography," includes the factors governing the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments.The methanol market is expected to grow from US$ 29.42 billion in 2022 to US$ 44.08 billion by 2028; it is estimated to grow at a CAGR of 5.9% from 2022 to 2028.
Get Sample PDF- https://www.theinsightpartners.com/sample/TIPRE00004235/?utm_source=OpenPR&utm_medium=10310
Methanol is also termed methyl alcohol. It is an alcohol compound used as an additive in various industrial applications. It is a flammable, colorless, and toxic liquid. Methanol is broadly used in the production of petrochemicals. The rise in demand for petrochemicals is boosting the methanol market growth. The use of petroleum chemicals in end-use industries such as construction and automotive is one of the driving factors for the methanol market growth.
Based on derivative, the methanol market is segmented into Formaldehyde, Acetic Acid, Methanol-to-Olefins (MTO) / Methanol-to-propylene (MTP), Methyl Tertiary-Butyl Ether (MTBE), Methyl Methacrylate (MMA), Biodiesel (Gasoline Blending), Dimethyl Ether (DME), and others. In 2021, the formaldehyde segment dominated the market. Formaldehyde is widely used in the pharmaceutical industry to produce vaccines, disinfectants, and hard-gel capsules. Moreover, formaldehyde finds its application as a preservative in food, medicines, and cosmetics.
The methanol market is segmented into five main regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Asia Pacific is the hub of prominent methanol market players, focusing on product development and innovation. The building & construction industry is a strong contributor to the methanol market growth. For instance, in India, the construction industry is the second-largest industry after agriculture, accounting for about 11% of the country's GDP. Further, according to the report by The Asia-Pacific Research and Training Network on Trade (ARTNeT), Thailand is a major automobile exporting country from Asia. Japanese FDI mainly drives this sector. The Chinese automobile sector is growing very fast and is poised to make its dent in the international trade arena, with a strong position in the component sector. Thus, the growth in construction, automotive, and pharmaceutical industries is fueling the demand for methanol in the Asia Pacific.
buy this report @ https://www.theinsightpartners.com/buy/TIPRE00004235/?utm_source=OpenPR&utm_medium=10310
Impact of COVID-19 Pandemic on Methanol Market
The COVID-19 pandemic drastically altered the status of the chemicals & materials sector and negatively impacted the growth of the methanol market. The implementation of measures to combat the spread of the virus aggravated the situation and impacted the growth of several industrial sectors. Industries such as construction, paints & coating, electronics, and packaging have been affected by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The significant decline in the growth of several industrial sectors impacted the demand for methanol in the global market. Various industries faced supply chain disruption due to the COVID-19 pandemic. The demand for methanol has been negatively affected due to the total shutdown of construction activities and halt in expansion or new construction of plants and factories due to labor shortages and reduced operational activities. However, the demand for methanol products has been substantial in the pharmaceutical industry. The industry witnessed growth during the lockdown, which helped the methanol market sustain its demand to a certain extent.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
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, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Methanol Market Forecast to 2028 - COVID-19 Impact and Global Analysis (US$ 44.08 billion by 2028) here
News-ID: 2953279 • Views: …
More Releases from The Insight Partners
Telecom Cloud Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Telecom Cloud Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00003311?utm_source=OpenPR&utm_medium=10881
Key Players Analysis:
AT&T Inc.
Amazon Web Services Inc
Telefonaktiebolaget LM Ericsson
Verizon Communications Inc
International Business Machines Corp
Cisco…
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Denim Fabrics Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00018240?utm_source=OpenPR&utm_medium=10881
Key Players Analysis:
SANKO Holding
Candiani S.p.A.
Hyde Park Denim
Cone Denim LLC
KG DENIM LIMITED
Zeva Denim
Prosperity Textile
T?SA
AtlasDenim
Arvind Limited
The…
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency …
New York, US - October 27, 2025 - According to a new report published by The Insight Partners, the Split Air Conditioning Market is projected to witness steady growth from 2025 to 2031, registering a CAGR of XX%. The market size is expected to expand from US$ XX Million in 2024 to US$ XX Million by 2031, fueled by increasing consumer demand for energy-efficient, eco-friendly, and technologically advanced air conditioning…
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2 …
New York, US - October 27, 2025 - The Intelligent Pipeline Pigging Market is poised for steady expansion, reaching US$ 1,244.2 million by 2031, up from US$ 782.3 million in 2023, registering a CAGR of 6.3% from 2025 to 2031. This strong trajectory highlights the growing importance of advanced pigging solutions that enhance pipeline integrity, operational efficiency, and environmental safety.
As global energy and utility networks continue to expand, the demand…
More Releases for Methanol
Clean Methanol (Green Methanol and Blue Methanol) Market Growth Projected at CAG …
According to QY Research announces the release of 2025 latest report "Clean Methanol (Green Methanol and Blue Methanol) Market". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Clean Methanol (Green Methanol and Blue Methanol) market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for Clean Methanol (Green…
Methanol Market Size to Worth Around USD Methanol Billion by 2032
In recent years, the Methanol market has witnessed a remarkable surge, driven by evolving global energy demands and a growing emphasis on sustainable solutions. This article explores the current market trends, drivers, opportunities, constraints, regional insights, and the competitive landscape within the Methanol industry, shedding light on the potential future growth and major players shaping this dynamic sector.
Download Free Methanol Market Sample Report Here: (Including Full TOC, List of Tables…
Increasing Availability of Renewable Methanol Essential for the Global Renewable …
According to a new market research report launched by Inkwood Research, the Global Renewable Methanol Market is progressing with a CAGR of 3.82% in terms of revenue and 2.55% in terms of volume from 2022 to 2030 and is set to generate a revenue of $4119.94 million by 2030.
Browse 64 Market Data Tables and 44 Figures spread over 229 Pages, along with an in-depth analysis of the Global Renewable Methanol…
Increasing Availability of Renewable Methanol Essential for the Global Renewable …
According to a new market research report launched by Inkwood Research, the Global Renewable Methanol Market is progressing with a CAGR of 3.82% in terms of revenue and 2.55% in terms of volume from 2022 to 2030 and is set to generate a revenue of $4119.94 million by 2030.
Browse 64 Market Data Tables and 44 Figures spread over 229 Pages, along with an in-depth analysis of the Global Renewable Methanol…
Increasing Availability of Renewable Methanol Essential for the Global Renewable …
According to a new market research report launched by Inkwood Research, the Global Renewable Methanol Market is progressing with a CAGR of 3.82% in terms of revenue and 2.55% in terms of volume from 2022 to 2030 and is set to generate a revenue of $4119.94 million by 2030.
Browse 64 Market Data Tables and 44 Figures spread over 229 Pages, along with an in-depth analysis of the Global Renewable Methanol…
Methanol Market Sees Promising Growth| SABIC; Celanese Corporation; Eastman Chem …
Methanol Market report provides a systematic synopsis on the study for market and how it is influencing the industry. It also helps to know the businesses with most-detailed market segmentation in the industry. The report has been structured by taking into account the market type, organization volume, accessibility on-premises, end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and…