Methanex Corporation, HELM AG, and SABIC are the major players in the global market. Increasing residential and commercial building activities altogether with developing standards of living and increasing per capita income is estimated to drive the expansion of the methanol industry. Polyolefins or polyethylene and polypropylene thermoplastic are obtained from methanol. Published Date: September 2020 | Report ID: 285098. The market for methanol is expected to register a CAGR of around 5% during the forecast period. It em It em Friday, January, 01, 2021 05:44:50 Market size and Forecast. The widespread adoption of vehicles powered by methanol would intensely lower the carbon dioxide emissions from the transportation industry. The global methanol market size was valued at USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. The products produced using methanol can be categorized according to various applications namely, energy, and chemicals. The global methanol market is segmented on the basis of type, application, and geography. The rising demand from the construction and automotive industries is a major factor driving the market. Serving Numerous Markets Has Increased the Presence of Key Players in Global Market. Global Methanol Market, Historic And Forecast Growth Rate, Split By Region, 2014-2022 . It is showcasing high demand from industries such as construction, automobile, and textile which is responsible for the overall market growth. Market Outlook and Investment Opportunities, Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped, Segment-level analysis in terms of by feedstock,by end use,along with market size forecasts and estimations to detect key areas of industry growth in detail, Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics, Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis, Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development, A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment, Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies, An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions, Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market, Global Methanol  Market By Region, From 2020-2025 ( USD Billion ), Global Methanol  Market By Feedstock, From 2020-2025 ( USD Billion ), Global Natural Gas Market By Region, From 2020-2025 ( USD Billion ), Global Coal Market By Region, From 2020-2025 ( USD Billion ), Global Methanol  Market By Derivative, From 2020-2025 ( USD Billion ), Global Formaldehyde Market By Region, From 2020-2025 ( USD Billion ), Global MTO/MTP Market By Region, From 2020-2025 ( USD Billion ), Global Gasoline Market By Region, From 2020-2025 ( USD Billion ), Global MTBE Market By Region, From 2020-2025 ( USD Billion ), Global MMA Market By Region, From 2020-2025 ( USD Billion ), Global Methanol  Market By Sub-Derivative, From 2020-2025 ( USD Billion ), Global UF/PF Resins Market By Region, From 2020-2025 ( USD Billion ), Global Olefins Market By Region, From 2020-2025 ( USD Billion ), Global Methanol  Market By End-Use Industry, From 2020-2025 ( USD Billion ), Global Construction Market By Region, From 2020-2025 ( USD Billion ), Global Automotive Market By Region, From 2020-2025 ( USD Billion ), Global Electronics Market By Region, From 2020-2025 ( USD Billion ), Please wait. Latin America Methanol Market includes Brazil, Mexico, Argentina, Chile, & Rest of LATAM. Methyl alcohol is mainly used as a solvent, alternate fuel source, and pesticide. Post author By Data Bridge Market Research; Post date 18th September 2020; The market research report on the Global Methanol Market has been formulated through a series of extensive primary and secondary … According to the Methanol Institute around 200, water treatment facilities in the US utilize methanol in the denitrification procedure. We are monitoring the impact of COVID-19 on Methanol Market, Get in touch with us for detailed analysis, Methanol-to-Olefins/Methanol-to-Propylene (MTO/MTP). The data offered to us was exactly what we were looking for. It looks quite comprehensive and the data is exactly what I was looking for. The worldwide methanol market has been segregated, by derivative, into formaldehyde, acetic acid, dimethyl ether, gasoline, solvents, methanol to olefins, and others. Asia Pacific dominated the market in terms of share in 2019. Global Market Size: Methanol The global methanol market is anticipated to grow at a CAGR of 11.81 percent between 2016 and 2025. The methanol market is anticipated to record a CAGR of around 7% over the forecast period i.e. Very satisfied with the overall report as it has helped me to build strategies for my business”, “This is regarding the recent report I bought from Fortune Business insights. Additionally, the increasing use in fuel blending applications is expected to progress the market growth. Inhalation or consumption of it can lead to blindness, accumulation of acid in blood, and death. Who are the major players in this market? MTO is a prominent reaction that supports industrial applications and fundamental research. Globally, heavy fuels such as gasoline and diesel are the major contributors to environmental pollution, leading to numerous changes in the climate and global warming. Research Corridor new comprehensive study on methanol market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. Looking forward to work together in the future”, “It has been a delightful experience working with you guys. Exceptional blending capacity and high octane rating of the product are the key factors driving the consumption of methanol as fuel. Methanol Market Report will add the analysis of the impact of COVID-19 on this industry. Dec 31, 2020 (WiredRelease via Comtex) -- Global Methanol 2021-2030 | … Thank you Fortune Business Insights for your efforts and prompt response”, “I had a great experience working with Fortune Business Insights. The global methanol market size is expected to register a significant CAGR during the forecast period 2020 to 2027. The global methanol market size was estimated at USD 31.81 billion in 2018 and is projected to accelerate at a CAGR of 2.9% from 2019 to 2025. Global Methanol Market, Split By Country, 2018 . The global methanol market will grow at a CAGR of nearly 11% during the forecast period 2017-2021, owing to the increasing methanol use in filling stations and flexible fuel vehicles. The MTO/MTP derivative is estimated to be the quickest developing derivative of the methanol market between 2020 and 2025. Northeast and Assam Petro-chemicals, a government-controlled firm in India introduced Asia's first "Methanol Cooking Fuel Program". This is a very good piece of work and will be very helpful to us going forward. Methyl alcohol acts as a precursor to various chemicals and compounds such as adhesives, plastics, textiles, insulation materials, and others. In terms of application, the market is segmented into construction, automotive, electronics, and others. Posted on June 11, 2020 June 11, 2020 Author admin Comment(0) Methanol, also known as wood alcohol, is a volatile, combustible, colourless and noxious liquid with the chemical formula CH3OH. Natural gas and coal are the major feedstock for the production of methanol. . Automobile production is increasing worldwide as a result of the rising call for lightweight vehicles to decrease carbon emissions. The report further states that the methanol market size was USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. Methanol Market - Global Methanol Industry Size, Share, Growth, Analysis, Outlook, Research And Forecast Report, 2014 To 2024. The consumption of methanol is escalating in the building and construction business where formaldehyde-based resins are employed to manufacture composites and engineered wood products. The emergence of the COVID-19 pandemic is causing huge losses for numerous industries. The derivative formaldehyde segment is expected to remain the largest in terms of volume in the market during the forecast period. Methanol Market Size 2020-2025 | Industry Trends, Growth, Report & Forecast. We use cookies to enhance your experience. It is a polar liquid at room temperature and exhibits excellent blending properties. The Methanol market was valued at USD 25.1 billion by 2018, growing with 7.2% CAGR during the forecast period, 2019-2025.. Methanol is a single carbon chemical which is produced from natural gas, coal, biomass. Value (USD billion) and Volume (Million ton). For example, Methanex Corporation, one of the major players in the market, halted its plants located in Chile and Trinidad with the production capacities of 800 KT per annum and 850 KT per annum, respectively. The consumption of methanol is rising in the building and construction business where formaldehyde-based resins are employed to manufacture composites and engineered wood products. REPORT HIGHLIGHT. The report offers a comprehensive assessment of the market including insights, historical data, facts, and industry-validated market data. The global methanol market size was valued at USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. In Latin America and the Middle East and Africa, the rising construction and industrialization activities will progress the methyl alcohol market. The employment of fuel-grade ethanol or bio-ethanol as compared to methanol restrains the expansion of the market. Methanol Market is segmented into the following categories as per the research report until 2025. The report "Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA), Sub-Derivative (UF/PF Resins, Olefins), End-use Industry (Construction, Automotive), and Region - Global Forecasts to 2025", The global methanol market size is expected to grow from USD 24.0 billion in 2020 to USD 26.6 billion by 2025, at a CAGR of 5.5% during the forecast … The global market is fragmented. This study categorizes the global Health and Safety Products breakdown data by manufacturers, region, type and applications, also analyzes the market drivers, opportunities and challenges. Methanol Market - By Feedstock (Natural Gas and Co . Automotive is the biggest end-use business in the market and accounted for almost one-fifth of the overall revenue share in 2019. Many manufacturers are establishing new plants in the developing countries to serve the growing markets and gain upcoming opportunities. By 2026 end, the global market for methanol is estimated to bring in US$ 131,344.3 million revenue. It is a key component in the production of adhesives, molding materials, and pesticides. Methanol Market Size, Percentage Of GDP, By Country. Global Methanol Market Size is calculated to grow remarkable from 2018 to 2024, owing to its highest demand in the automotive industry. “Methanol Market Size and Forecast By End-use (Formaldehyde, Acetic Acid, MTBE, DME, Fuel Blending, MTO, Biodiesel) and Trend Analysis, 2014-2024” The global methanol market is estimated to reach USD 100.3 billion by 2024, primarily driven by its widespread of applications in adhesives, paints, and plastics. The natural gas segment held a dominant methanol market share in 2019. March 05, 2020 11:58 ET … Thank you!”, “I recommend Fortune Business Insights for their honesty and flexibility. These safe handling canister based cooking stoves are manufactured using from Swedish Technology and a large-scale cooking stove making plant will come up in India in the coming 18 months. Additionally, the report also provides analysis on market attractiveness, along with Porter’s five force analysis, and SWOT analysis. The European market is also estimated to rise on account of the growing healthcare business with increasing spending on healthcare together with the growing geriatric population. Transition of Fuel Industry to Cleaner Fuels is a Prominent Trend. The Global Methanol Market report provides a holistic evaluation of the market for the forecast period. Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, Southeast Asia, and Rest of Asia- Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), The Middle East& Africa (GCC and Rest of Middle East & Africa), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. Report ID: 285098 Format: Electronic (PDF) Share: Get detailed analysis of COVID-19 impact on the Global Methanol Market Download PDF Sample . The rising employment of methanol as fuel in the automotive business, rising olefins production from methanol-to-olefin/methanol-to-propylene (MTO/MTP) plants in China, rising petrochemicals call, worldwide, continuous growth, and different joint ventures & agreements undertaken by the various business are the major factors for the expansion of the global market. The worldwide market for Methanol Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Furthermore, the demand for adhesives from furniture and consumer goods industries will also support the growth of the market. Production takes place on 5 continents and in the Middle East. Rising acceptance of the methanol-to-olefins (MTO) procedure is estimated to drive the market expansion in the future years. By Feedstock, Derivative, Sub-derivative, End-user and Region, Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities, North America, Europe, APAC, Latin America, Middle East & Africa, Methanex Corporation (Canada), SABIC (Saudi Arabia), PETRONAS (Malaysia), Mitsubishi Gas Chemical Company (Japan), and Mitsui & Co., Ltd. (Japan). This compound is an efficient fuel and emits lesser particulate matter (PM) and NOx as compared to substitute compounds. This compound is an efficient fuel and emits lesser particulate matter (PM) and NOx as compared to substitute compounds. “We are happy with the professionalism of your in-house research team as well as the quality of your research reports. The market in the Middle East & Africa is probable to show considerable expansion over the foreseen period due to the quickly developing end-use businesses like automotive, construction, and packaging. Global demand of methanol is mainly driven by the production of other basic chemicals whic… 16.2. In addition, report analyses Methanol market size and forecast of product, region and application and different analysis essentials like type section, business section, channel segment etc. Methanol Market Size, Trends, Analysis, Demand, Outlook And Forecast 2026 Sabic, Celanese Corporation, Eastman Chemical Company, Basf Se, Atlantic Methanol, Methanex Corporation. These reasons are expected to act as a hindrance to the growth of the methyl alcohol market. The global methanol market size is projected to reach USD 38.98 billion by 2025, registering a 2.9% CAGR during the forecast period, according to a new report by Grand View Research, Inc. BASF SE, BP Plc, Celanese Corp., and ENERKEM Inc. will emerge as major methanol market participants during 2020-2024. Your Details are Submited Successfully...!! Which factors are expected to drive the adoption of methanol products? Methanol is a light flammable liquid that can be obtained with the help of natural gas, oil, coal, or renewable resources like biomass and landfill gas as a feedstock. Looking forward to work together on similar projects”, “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Nowadays it is largely manufactured from natural gas. It acts as a feedstock for producing several chemicals ranging from solvents to plastics. The use of methyl alcohol as a transportation fuel provides advantages, including high octane fuels which minimize the toxic emissions when blended with gasoline and the production from renewable feedstocks. The driving factors for Methanol market is its growing demand from automotive industry. 17. Dangerous effects on health as a result of exposure to methanol are estimated to hinder the expansion of the global business. The report "Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA), Sub-Derivative (UF/PF Resins, Olefins), End-use Industry (Construction, Automotive), and Region - Global Forecasts to 2025", The global methanol market size is expected to grow from USD 24.0 billion in 2020 to USD 26.6 billion by 2025, at a CAGR of 5.5% during the forecast … Escalating residential and commercial building activities altogether with enhancing standards of living and increasing per capita income is estimated to drive the development of the global methanol industry. . Exceptional blending capacity and high octane rating of the product are the key factors driving the consumption of methanol … Global methanol market was estimated at USD 21.4 billion in 2016 and is expected to witness significant growth on account of the rising demand for petrochemical derived products such as olefins, adhesives, detergents, solvents, plastics, lubricants and fi . The methanol market in APAC is expected to hold the largest share by 2027 owing to the APAC’s dominance in the global market, mainly due to the rising demand for methanol and its by-products from the construction, automotive, textile, and furniture industries. The new report by Expert Market Research titled, ‘Global Methanol Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025′, gives an in-depth analysis of the global methanol market, assessing the market based on its segments like end uses and major regions.The report tracks the latest trends in the industry and studies their impact on the overall market. It is broadly employed as a substitute to fuel in the transportation business due to excellent blending properties and high octane rating. Other than the commercial production methods, it naturally occurs in foods, fruits, and the human body. According to the Methanol Institute, global demand for methanol increased at a compound annual growth rate of 5.9% from 2014 to 2019. FIGURE 9 Global Methanol Market Size, by Derivative, 2017 FIGURE 10 Share of Global Methanol Market, by Derivative, 2016−2023 FIGURE 11 Global Methanol Market Size, by End-Use Industry, 2017 FIGURE 12 Share of Global Methanol Market, by End-Use Industry, 2016−2023 These thermoplastics are favored in various industries including automotive, construction, and furniture due to their versatility and other beneficial properties. The report was very accurate and as per my requirements. The major driver that is escalating the expansion of the methanol market worldwide is the piloting requirement for petrochemicals, particularly in the Asia-pacific region. 17.4. Methanol also has a high octane and … Request a Free sample to learn more about this report. DOWNLOAD PDF [336 Pages Report] The Methanol market size is expected to grow at a CAGR of 5.5%, by value, during the forecast period. In addition to that, the Indian government is planning to commercialize the employment of coal-based methanol in heavy commercial vehicles like trucks and buses instead of diesel owing to cost-effectiveness. The introduction of the Methanol cooking fuel program in Asia is a historic day for India. On the flipside, hazardous impacts on health as a result of exposure to methanol are expected to hinder the growth of the market. On the basis of feedstock, the market includes natural gas, coal, and biomass & renewables. Ch3Oh and is a major factor driving the consumption of alcohols which are contaminated it... The U.S, Canada continents and in the market in Asia is methanol market size! And in the building and construction Business where formaldehyde-based resins are employed to manufacture composites and engineered wood.! 2026 | basf SE, SABIC, Eastman and acquisition strategies to increase Presence... 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