India Methanol Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030

The demand for methanol stood at 2,107 thousand tonnes in 2018 and is projected to grow at a CAGR of 7.51% during 2019-2030 to reach 4,675 thousand tonnes by 2030. Increasing usage of methanol in the production of formaldehyde, methyl tertiary-butyl ether, pharmaceuticals, acetic acid, etc., is the primary factor expected to boost the demand for methanol in India in coming years. Since methanol is used as an alternative fuel for combustion engines due to its efficient combustion, ease of distribution and easy availability, growing automotive industry would also drive the demand for methanol in the country during the forecast period of 2019-2030.

Years Considered for this Report:

Historical Years: 2013-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast methanol capacity, production, demand, inventory, and the demand - supply gap in India.


• To categorize the demand for methanol based on end-use, sales channel and region.


• To study trade dynamics and company share in the Indian methanol market.


• To identify major customers of methanol in India.


• To evaluate and forecast methanol pricing by grade in India.


• To identify and profile major companies operating in the Indian methanol market.


• To identify major news, deals and expansion plans in the Indian methanol market.

Some of the major players operating in the country’s methanol market are Assam Petro-Chemicals Limited, Gujarat Narmada Valley Fertilizers and Chemicals Limited, Deepak Fertilizer, Rashtriya Chemicals Fertilizer, etc.

To extract data for the Indian methanol market, primary research surveys were conducted with methanol manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the Indian methanol market over the coming years.

The author calculated the demand for methanol by analyzing the historical data and demand forecast which was carried out considering consumption of methanol by various end-use industries and considering upcoming chemical manufacturing units using methanol as a raw material. The author sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc. were also studied by the author.

Key Target Audience:

• Methanol manufacturers and other stakeholders


• Organizations, forums and alliances related to methanol distribution


• Government bodies such as regulating authorities and policy makers


• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as methanol manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs.

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.