The global methanol market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in the global methanol market is driven by the increasing demand for methanol as a feedstock for various chemicals and its use as an alternative fuel. Methanol is used in formaldehyde production, methyl ether production, acetic acid production, olefin production, acetic acid production and MTBE production. The major application segments of methanol are formaldehyde (37%), methyl ether (27%), acetic acid (14%), olefin (8%) and MTBE (6%).
The North American region accounted for the largest share of the global methanol market in 2018 due to high demand from various industries such as chemical & petrochemical industry and automotive industry. Asia Pacific is expected to be one of the fastest-growing regions during the forecast period due to rapid industrialization and economic development in countries such as China and India.
- Methanol is a clean-burning fuel that can be used in place of gasoline or diesel fuel.
- Methanol is a renewable energy source and can be produced from natural gas, coal, biomass, and other sources.
- Methanol has been used as an additive to gasoline for decades to reduce emissions of unburned hydrocarbons and carbon monoxide from the exhaust pipe of vehicles.
- The use of methanol as a transportation fuel has been limited by its high cost relative to gasoline or diesel fuel, but this may change with the development of new technologies that could make methanol production more economical than it currently is today.
- The use of methanol as an additive in gasoline could also increase demand for methanol because it would reduce the need for ethanol which is currently blended into most US-produced gasoline.
Industry Growth Insights published a new data on “Methanol Market”. The research report is titled “Methanol Market research by Types (ICI Low Pressure Method, Lurgi Low Pressure Method), By Applications (Formaldehyde, Methyl Ether, Acetic Acid, Olefin, Acetic Acid, MTBE, Other), By Players/Companies Methanax, Sabic, MHT, NPC, CNPC, Petronas, Kingboard, Datang International, Jiutai Energy, NINGXIA COAL, Huayi, Sinopec, Yuanxing Energy, Yunkuang Chemical, Guanghui Industry, OMC, Yulin Natural Gas, South Louisiana, Shenda Chemical, QFA, Lantian Pingmei, Atlantic Methanol, Brunei Methanol, Statoil, LyondellBasell, Togliatti Azot, Kaltim Methanol, Xinao Group, Lutianhua, Zhonghao Chemical, Changfeng, Yunkuang Yulin, Daqing Oil, Huating Chemical, Xianyang, Shenmu, Pucheng Clear, Linda Chemical, Baofeng, ZPC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methanol Market Research Report
By Type
ICI Low Pressure Method, Lurgi Low Pressure Method
By Application
Formaldehyde, Methyl Ether, Acetic Acid, Olefin, Acetic Acid, MTBE, Other
By Companies
Methanax, Sabic, MHT, NPC, CNPC, Petronas, Kingboard, Datang International, Jiutai Energy, NINGXIA COAL, Huayi, Sinopec, Yuanxing Energy, Yunkuang Chemical, Guanghui Industry, OMC, Yulin Natural Gas, South Louisiana, Shenda Chemical, QFA, Lantian Pingmei, Atlantic Methanol, Brunei Methanol, Statoil, LyondellBasell, Togliatti Azot, Kaltim Methanol, Xinao Group, Lutianhua, Zhonghao Chemical, Changfeng, Yunkuang Yulin, Daqing Oil, Huating Chemical, Xianyang, Shenmu, Pucheng Clear, Linda Chemical, Baofeng, ZPC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Methanol Market Report Segments:
The global Methanol market is segmented on the basis of:
Types
ICI Low Pressure Method, Lurgi Low Pressure Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Formaldehyde, Methyl Ether, Acetic Acid, Olefin, Acetic Acid, MTBE, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Methanax
- Sabic
- MHT
- NPC
- CNPC
- Petronas
- Kingboard
- Datang International
- Jiutai Energy
- NINGXIA COAL
- Huayi
- Sinopec
- Yuanxing Energy
- Yunkuang Chemical
- Guanghui Industry
- OMC
- Yulin Natural Gas
- South Louisiana
- Shenda Chemical
- QFA
- Lantian Pingmei
- Atlantic Methanol
- Brunei Methanol
- Statoil
- LyondellBasell
- Togliatti Azot
- Kaltim Methanol
- Xinao Group
- Lutianhua
- Zhonghao Chemical
- Changfeng
- Yunkuang Yulin
- Daqing Oil
- Huating Chemical
- Xianyang
- Shenmu
- Pucheng Clear
- Linda Chemical
- Baofeng
- ZPC
Highlights of The Methanol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ICI Low Pressure Method
- Lurgi Low Pressure Method
- By Application:
- Formaldehyde
- Methyl Ether
- Acetic Acid
- Olefin
- Acetic Acid
- MTBE
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methanol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methanol is a type of alcohol. It is made from natural sources, such as plants and water. Methanol can also be made from other chemicals, including coal and oil.
Some of the major companies in the methanol market are Methanax, Sabic, MHT, NPC, CNPC, Petronas, Kingboard, Datang International, Jiutai Energy, NINGXIA COAL, Huayi, Sinopec, Yuanxing Energy, Yunkuang Chemical, Guanghui Industry, OMC, Yulin Natural Gas, South Louisiana, Shenda Chemical, QFA, Lantian Pingmei, Atlantic Methanol, Brunei Methanol, Statoil, LyondellBasell, Togliatti Azot, Kaltim Methanol, Xinao Group, Lutianhua, Zhonghao Chemical, Changfeng, Yunkuang Yulin, Daqing Oil, Huating Chemical, Xianyang, Shenmu, Pucheng Clear, Linda Chemical, Baofeng, ZPC.
The methanol market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methanol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methanol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methanol Market - Supply Chain
4.5. Global Methanol Market Forecast
4.5.1. Methanol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methanol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methanol Market Absolute $ Opportunity
5. Global Methanol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methanol Market Size and Volume Forecast by Type
5.3.1. ICI Low Pressure Method
5.3.2. Lurgi Low Pressure Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methanol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methanol Market Size and Volume Forecast by Application
6.3.1. Formaldehyde
6.3.2. Methyl Ether
6.3.3. Acetic Acid
6.3.4. Olefin
6.3.5. Acetic Acid
6.3.6. MTBE
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methanol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methanol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methanol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methanol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methanol Demand Share Forecast, 2019-2026
9. North America Methanol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methanol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methanol Market Size and Volume Forecast by Application
9.4.1. Formaldehyde
9.4.2. Methyl Ether
9.4.3. Acetic Acid
9.4.4. Olefin
9.4.5. Acetic Acid
9.4.6. MTBE
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methanol Market Size and Volume Forecast by Type
9.7.1. ICI Low Pressure Method
9.7.2. Lurgi Low Pressure Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methanol Demand Share Forecast, 2019-2026
10. Latin America Methanol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methanol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methanol Market Size and Volume Forecast by Application
10.4.1. Formaldehyde
10.4.2. Methyl Ether
10.4.3. Acetic Acid
10.4.4. Olefin
10.4.5. Acetic Acid
10.4.6. MTBE
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methanol Market Size and Volume Forecast by Type
10.7.1. ICI Low Pressure Method
10.7.2. Lurgi Low Pressure Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methanol Demand Share Forecast, 2019-2026
11. Europe Methanol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methanol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methanol Market Size and Volume Forecast by Application
11.4.1. Formaldehyde
11.4.2. Methyl Ether
11.4.3. Acetic Acid
11.4.4. Olefin
11.4.5. Acetic Acid
11.4.6. MTBE
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methanol Market Size and Volume Forecast by Type
11.7.1. ICI Low Pressure Method
11.7.2. Lurgi Low Pressure Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections byType
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methanol Demand Share, 2019-2026
12. Asia Pacific Methanol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methanol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methanol Market Size and Volume Forecast by Application
12.4.1. Formaldehyde
12.4.2. Methyl Ether
12.4.3. Acetic Acid
12.4.4. Olefin
12.4.5. Acetic Acid
12.4.6. MTBE
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methanol Market Size and Volume Forecast by Type
12.7.1. ICI Low Pressure Method
12.7.2. Lurgi Low Pressure Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methanol Demand Share, 2019-2026
13. Middle East & Africa Methanol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methanol Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methanol Market Size and Volume Forecast by Application
13.4.1. Formaldehyde
13.4.2. Methyl Ether
13.4.3. Acetic Acid
13.4.4. Olefin
13.4.5. Acetic Acid
13.4.6. MTBE
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methanol Market Size and Volume Forecast by Type
13.7.1. ICI Low Pressure Method
13.7.2. Lurgi Low Pressure Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methanol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methanol Market: Market Share Analysis
14.2. Methanol Distributors and Customers
14.3. Methanol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Methanax
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sabic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MHT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NPC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CNPC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Petronas
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kingboard
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Datang International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiutai Energy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NINGXIA COAL
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huayi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sinopec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yuanxing Energy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Yunkuang Chemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Guanghui Industry
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. OMC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yulin Natural Gas
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. South Louisiana
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shenda Chemical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. QFA
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
