openPR Logo
Press release

Methanol Market Size to Expand Significantly by the End of 2026

12-22-2017 12:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Methanol Market Size to Expand Significantly by the End of 2026

The use of methanol in automotive and construction sector has grown significantly in the recent years. As methanol can be blended with gasoline it is being used in internal combustion engines of the vehicle as well as aircrafts. Methanol was also being used as an anti-freezing agent in the cooling system of cars, however, it was later replaced with alternatives such as ethylene glycol and propylene. But it is still used as windshield water fuel. Methanol is also used in a trans-esterification stage in the manufacturing process of biodiesel.

View Report Preview:
https://www.transparencymarketresearch.com/methanol-market.html

Methanol is also being increasingly used in paints and adhesives. However, the high cost of processing to convert methane into liquid is hampering its demand. Meanwhile, increasing demand for biofuels and various new policies with an aim to control emission is leading to the growing use of methanol in various industries. Automotive manufacturers are also focusing on using bio-diesels like methane that is environmentally friendly and also weigh less as compared to its synthetic counterparts.

Key players in the global methanol market are Mitsubishi Chemical Holdings Corporation, SABIC, Mitsui Chemicals, Inc., BASF SE, Methanex Corporation, and Celanese Corporation. The leading companies are also investing in the research and development to come up with an efficient, and cost-effective way to produce methanol in order to fulfill the growing demand for various applications.

Global Methanol Market to Witness Steady Growth during the Forecast Period 2017-2026

As per the new report by Transparency Market Research (TMR) the global methanol market is expected to witness steady growth, registering 5.4% CAGR during the forecast period 2017-2026. The global methanol market is also projected to reach US$ 131,344.3 million revenue by the end of 2026.

Request to View Sample of Research Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1249

The global methanol market is segmented on the basis of end use, feedstock type, and region. By the end use, the market is divided into MTO/MTP, dimethyl ether, biodiesel, gasoline blending, MMA, MTBE, acetic acid, formaldehyde, and others. Formaldehyde is projected to witness growth in the global methanol market during the forecast period 2017-2026.

In terms of the feedstock type, the market segment includes coal, natural gas, and other feedstock. Among these, natural gas is expected to witness the highest growth in terms of market volume.

APEJ to Dominate the Global Methanol Market

Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global methanol market during the forecast period 2017-2026. In APEJ, China is expected to account for high methanol demand. APEJ is also witnessing increasing demand for methanol and its derivatives in automotive, construction, furniture and textile industry. Moreover, stringent regulations on emission are contributing towards the production of eco-friendly products. There has also been a rise in the production of methanol for energy consumption in the region. Meanwhile, in Latin America, the market is dominated by Brazil, Argentina, and Mexico.

Request for Table of Contents @
https://www.transparencymarketresearch.com/report-toc/1249

The rapid development of sectors such as agricultural, chemical, automotive, construction is driving the demand in the region. The rise in natural gas supply through hydraulic fracturing in North America is contributing to the growth of methanol in the region. Meanwhile, the methanol market in Europe is expected to remain volatile due to the dependency of the region on imports to satisfy its domestic demand. However, Germany is one of the largest methanol markets in Europe. Owing to the availability of cheap feedstock for production of methanol in Germany.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

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 Size to Expand Significantly by the End of 2026 here

News-ID: 873480 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for 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
Trending 2025: Methanol Market Booming Worldwide | BASF SE, Atlantic Methanol, M …
Global Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by 2026, registering a CAGR of 5.79% in the forecast period of 2019-2026. This rise in market value can be attributed to overall growth of the automotive industry globally. SABIC; Celanese Corporation; Eastman Chemical Company; BASF SE; Atlantic Methanol; Methanex Corporation; China XLX Fertilizer Ltd.;
Renewable Methanol Market 2025: Key Players Include Methanex, Chemrec, BioMCN, E …
Stats and Reports Analyst have added a new research study on Global Renewable Methanol Market Insights, Forecast to 2025 with detailed information of Product Types [Biomass, Municipal Waste, Industrial Waste, Others], Applications [Formaldehyde, MTBE, Gasoline, Dimethyl Ether, Solvents, Others] and Key Players Such as Methanex, Chemrec, BioMCN, Enerkem, Varmlands Methanol, Carbon Recycling International etc. This report analyses emerging trends, key challenges, future growth potentials, drivers, competitive outlook, restraints, opportunities &
Methanol Market | Top Players are BASF SE, Celanese Corporation, Methanex Corpor …
Methanol is a liquid which is manufactured mostly through oxidization of methane or through synthesis of carbon monoxide and hydrogen. Methanol is termed as wood alcohol since it depicts properties similar to conventional fuels. Methanol is chiefly utilized as a fuel in vehicles as well as an antifreeze solution in automobiles. It is also used as a feedstock for manufacturing various products such as formaldehyde, acetic acid, MTBE, DME, and
Future Outlook of Methanol Market 2025
Methanol is a liquid which is manufactured mostly through oxidization of methane or through synthesis of carbon monoxide and hydrogen. Methanol is termed as wood alcohol since it depicts properties similar to conventional fuels. Methanol is chiefly utilized as a fuel in vehicles as well as an antifreeze solution in automobiles. It is also used as a feedstock for manufacturing various products such as formaldehyde, acetic acid, MTBE, DME, and