Global Methanol Market, By Type (Natural Gas, Coal, Others), Derivatives (Formaldehyde, Acetic Acid, MTBE, MMA, Gasoline Blending, Biodiesel, DME, TAME, DMT, MTO/MTP, Others), End-Use Industry (Construction, Automotive, Electrical & Electronics, Pharmaceuticals, Packaging, Paints & Coatings, Agriculture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The methanol market is expected to be growing at a growth rate of 5.10% in the forecast period of 2021 to 2028. Adhesive resin market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.
Methanol is used as a source or as a feedstock in the production of various other chemical components and products. Due to its characteristics of being similar to traditional fuel products with combustion, and availability it is being used as an alternative fuel in various transportation systems. It is known as wood alcohol because of its derivation from distillation of wood, but with advancements in technology a number of methods have been commercialized for its production. Increasing adoption of methanol as blended fuel in various transportation systems due to the concerns related to the environment; this factor is expected to act as a driver for the market growth Depletion of natural resources for usage as a fuel resulting in growth for various alternative products and solutions; this factor is expected to act as a driver for the market growth. High cost of conversion of methane into liquids for the usage in different applications and end-user due to the lack of feasible and effective technology available are expected to restrain the market growth. Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. DME is used as a fuel (diesel) in the passenger vehicle and aerosol propellant and is also blended in Liquefied Natural Gas (LNG).
Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. DME is used as a fuel (diesel) in the passenger vehicle and aerosol propellant and is also blended in Liquefied Natural Gas (LNG).
Key opportunities like the increase in the demand for bio-based products, the development in technology for biorefining and the application of methanol as a marine fuel can be leveraged by the industry to get towards the projected growth.
Challenges such as the unstable methanol prices, economic slowdown which is hindering the demand for methanol and the regulations & policies are being faced by the industry at this moment.
This methanol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on methanol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Methanol Market Scope and Market Size
The methanol market is segmented on the basis of type, derivatives and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the methanol is segmented into natural gas, coal, others.
- Based on derivatives, the methanol is segmented into formaldehyde, acetic acid, MTBE, MMA, gasoline blending, biodiesel, DME, TAME, DMT, MTO or MTP, others.
- Based on end-use industry, the methanol is segmented into construction, automotive, electrical and electronics, pharmaceuticals, packaging, paints and coatings, agriculture, others.
Methanol Market Country Level Analysis
The methanol market is analysed and market size, volume information is provided by country, type, derivatives and end-use industry as referenced above.
The countries covered in the methanol market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Methanol Market Share Analysis
The methanol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive resin market.
The major players covered in the methanol market report are SABIC; Celanese Corporation; Eastman Chemical Company; BASF SE; Atlantic Methanol; Methanex Corporation; China XLX Fertilizer Ltd.; Mitsui Chemicals, Inc.; Mitsubishi Chemical Holdings Corporation.; Petroliam Nasional Berhad (PETRONAS); Valero Marketing and Supply Company; Methanol Holdings (Trinidad) Limited; BP p.l.c.; Clariant; Coogee; Enerkem; GNFC Limited; Haldor Topsoe A/S; Oberon Fuels; OCI NV. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Methanol Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.