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The methanol market is forecasted to grow by USD 6.3 billion during 2023-2028, accelerating at a CAGR of 3.32% during the forecast period. The report on the methanol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for formaldehyde and its derivatives, increasing adoption of mto technology, and increasing demand for chemicals in APAC.
The methanol market is segmented as below:
By Derivative Type
- Formaldehyde
- Gasoline
- Acetic acid
- DME
- MTO/MTP and others
By End-user
- Automotive
- Construction
- Paints and coatings
- Electronics
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the methanol market covers the following areas:
- Methanol market sizing
- Methanol market forecast
- Methanol market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Derivative Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global methanol market: BASF SE, Celanese Corp., Chevron Corp., Coogee, ENERKEM Inc., Eni SpA, GNFC Ltd., INEOS AG, LyondellBasell Industries N.V., Methanex Corp., Mitsubishi Gas Chemical Co. Inc., Mitsui and Co. Ltd., Oberon Fuels Inc., OCI NV, PETRONAS Chemicals Group Berhad, Proman GmbH, Saudi Arabian Oil Co., Simalin Chemical Industries Pvt. Ltd., Thermo Fisher Scientific Inc., and Zagros Petrochemical Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing demand for methanol in chemical industry."
According to the report, one of the major drivers for this market is the rising demand for formaldehyde and its derivatives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Celanese Corp.
- Chevron Corp.
- Coogee
- ENERKEM Inc.
- Eni SpA
- GNFC Ltd.
- INEOS AG
- LyondellBasell Industries N.V.
- Methanex Corp.
- Mitsubishi Gas Chemical Co. Inc.
- Mitsui and Co. Ltd.
- Oberon Fuels Inc.
- OCI NV
- PETRONAS Chemicals Group Berhad
- Proman GmbH
- Saudi Arabian Oil Co.
- Simalin Chemical Industries Pvt. Ltd.
- Thermo Fisher Scientific Inc.
- Zagros Petrochemical Co.