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: 221

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for 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
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 &
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
Global Renewable Methanol Market 2018 - Methanex, Chemrec, BioMCN, Enerkem, Varm …
Apex Market Reports, recently published a detailed market research study focused on the “Renewable Methanol Market” across the global, regional and country level. The report provides 360° analysis of “Renewable Methanol Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Renewable Methanol on
Methanol Market - Global Industry Analysis 2024
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
Methanol Market - Global Industry Insights 2024
Methanol Market Overview 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,