Global Methanol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Methanol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Methanol market size was valued at USD 49530 million in 2022 and is forecast to a readjusted size of USD 50530 million by 2029 with a CAGR of 0.3% during review period.

Methanol (or methyl alcohol) is a colorless liquid essentially produced from natural gas or coal. Methanol is a commodity product, which can either be used directly or further transformed to produce a wide range of chemicals that ultimately find applications in diverse sectors (construction, textiles, packaging, furniture, paints, coatings, etc.). Methanol markets are fairly fragmented; formaldehyde synthesis remains methanol’s single-largest outlet. Other major outlets include the production of olefins, methyl tert-butyl ether/methyl tert-amyl ether (MTBE/TAME), blending component for gasoline, and dimethyl ether (DME). The methanol demand pattern is relatively complex and influenced by several distinct market forces, including fuel prices, fuel consumption, environmental policies, biofuel mandates, chemical demand, plastics consumption, and housing markets.

Global core methanol manufacturers include Methanex, Proman etc.The top 5 companies hold a share about 30%.Asia Pacific is the largest market, with a share about 63%, followed by North America and Europe with the share about 15% and 12%.

The Global Info Research report includes an overview of the development of the Methanol industry chain, the market status of Methanol to Olefins (Natural Gas to Methanol, Coal to Methanol), Formaldehyde (Natural Gas to Methanol, Coal to Methanol), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Methanol.

Regionally, the report analyzes the Methanol markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Methanol market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Methanol market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Methanol industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Natural Gas to Methanol, Coal to Methanol).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Methanol market.

Regional Analysis: The report involves examining the Methanol market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Methanol market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Methanol:

Company Analysis: Report covers individual Methanol manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Methanol This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Methanol to Olefins, Formaldehyde).

Technology Analysis: Report covers specific technologies relevant to Methanol. It assesses the current state, advancements, and potential future developments in Methanol areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Methanol market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Methanol market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Natural Gas to Methanol
Coal to Methanol
Coke Oven Gas from Methanol

Market segment by Application
Methanol to Olefins
Formaldehyde
Alternative Fuels
Methyl tert-Butyl Ether (MTBE)
Acetic Acid
Methyl Chloride (Chloromethane)
Methyl Methacrylate
Others

Major players covered
Methanex
Proman
Saudi Aramco
CHN Energy
China Coal Group
SDEG
Baofeng Energy
Shanghai Huayi
Fund Energy
ZPC
Sinopec
Kaveh
Petronas
OCI
PCEC
Jiutai Energy Group
LyondellBasell
Koch
Sipchem
Guanghui Energy
Metafrax
AMPCO
Gazprom
Equinor
BMC
KMI
Celanese
KPC
TotalEnergies
Chemanol

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Methanol product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Methanol, with price, sales, revenue and global market share of Methanol from 2018 to 2023.

Chapter 3, the Methanol competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Methanol breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Methanol market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Methanol.

Chapter 14 and 15, to describe Methanol sales channel, distributors, customers, research findings and conclusion.