Global Methanol Market Analysis & Trends - Industry Forecast to 2030
The Global Methanol Market is poised to grow at a CAGR of around 4.9% over the next decade to reach approximately $43.1 billion by 2030. Some of the prominent trends that the market is witnessing includetransition of fuel industry to cleaner fuels is a prominent trend, use of methyl alcohol as a transportation fuel and the wide spread adoption of vehicles powered by methanol.
Based on type, the market is divided into non-renewable methanol and renewable methanol.
Based on type of product, the market is bifurcated into aromatics, chlor-alkali and inorganics, plastics & polymers, olefins, syngas chemicals and olefin derivatives.
On the basis of classification, the market is classified into imperial chemical industries (ICI) low pressure method and lurgi low pressure method.
By derivative, the market is fragmented into acetic acid, formaldehyde, dimethyl ether (DME), dimethyl terephthalate (DMT), methanol-to-olefins/methanol-to-propylene (MTO/MTP), solvents and methylamines and chloro-methane. Methanol-to-olefins/methanol-to-propylene (MTO/MTP) is further divided into methyl tert-butyl ether (MTBE)/tertiary amyl methyl ether (TAME) and methyl methacrylate (MMA).
On the basis of feedstock, the market is classified into natural gas, coal, oil, biomass and renewable resources.
Based on sub-derivativethe market is categorized into urea-formaldehyde (UF)/phenol formaldehyde (PF) resins, vinyl acetate monomer (VAM), polyacetals, methylene diphenyl diisocyanate (MDI), purified terephthalic acid (PTA), acetate esters, acetic anhydride, fuelsand gasoline additives. Fuel segment is further divided into gasoline blending and biodiesel.
On the contrary to the end user, the market is divided into direct, indirect, water treatment, transportation, insulation, appliances, and fuel blending and chemical. Direct segment is further classified into automotive, paints and coatings, pharmaceuticals and agriculture. Indirect segment is divided into building and construction, electrical & electronics and packaging (polyethylene terephthalate (PET) bottles).
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2022, 2023 revenue estimations are presented for 2024 and forecasts from 2025 till 2030. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
Latin America
- Argentina
- Brazil
- Rest of Latin America
Rest of the World
- South Africa
- Others
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
- Market opportunities and recommendations for new investments