Report Ocean has recently released a comprehensive research report on the global Methanol Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Methanol Market is valued approximately at USD 20.4 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2021-2027.
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Methanol is used in very large quantities in petrochemicals production industry. Growing use of petrochemicals globally is driving the market of methanol. The demand for automotive industry has increased in the past few years which in turn is increasing the demand of consumer good and vehicles which will be a growth factor for the methanol market. Furthermore, methanol is used as a fuel for ships as it has low emissions and is sulfur free. Also, it is cheaper than marine fuel which will be cost effective. These are the factors which will anticipate the growth of market in forecasted period. For instance, in April 2019, Celanese Corporation partnered with Mitsui & Co., increasing the capacity of methanol production at its Clear Lake Facility, thereby manufacturing to an annual production of 1.7 million tons. However, use of ethanol in fuel and bioethanol as alternative may impede market growth over the forecast period of 2021-2027.
Global Methanol market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is a significant region across the world in terms of market share due to increasing use of ethanol in construction and electronics in Japan, China and India. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to government initiatives in converting waste to green ethanol in the region.
Major market player included in this report are:
BASF SE
Zagros Petrochemical Company
Mitsui & Co. Ltd.
Celanese Corporation
Petroliam Nasional Berhad (PETRONAS)
Saudi Arabia Basic Industries Corporation (SABIC)
Methanex Corporation
Mitsubishi Gas Chemical Co., Inc.
Valero Marketing & Supply Company
Qatar Fuel Additives Company Limited
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Feedstock:
Natural Gas
Coal
By Derivative:
Formaldehyde
MTO/MTP
Gasoline
MTBE
MMA
By Sub-Derivative:
UF/PF Resins
Olefins
By End-use Industry:
Construction
Automotive
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Methanol market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Methanol industry?
- What are the major challenges that the Methanol Market may face in the future?
- Who are the leading companies in the Methanol Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Methanol Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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