Global Methanol Supply, Demand and Key Producers, 2023-2029

Global Methanol Supply, Demand and Key Producers, 2023-2029

The global Methanol market size is expected to reach $ 50530 million by 2029, rising at a market growth of 0.3% CAGR during the forecast period (2023-2029).

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%.

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.

This report studies the global Methanol production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Methanol, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Methanol that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Methanol total production and demand, 2018-2029, (K MT)

Global Methanol total production value, 2018-2029, (USD Million)

Global Methanol production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Methanol consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Methanol domestic production, consumption, key domestic manufacturers and share

Global Methanol production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Methanol production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Methanol production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global Methanol market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Methanex, Proman, Saudi Aramco, CHN Energy, China Coal Group, SDEG, Baofeng Energy, Shanghai Huayi and Fund Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Methanol market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Methanol Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Methanol Market, Segmentation by Type
Natural Gas to Methanol
Coal to Methanol
Coke Oven Gas from Methanol

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

Companies Profiled:
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

Key Questions Answered

1. How big is the global Methanol market?

2. What is the demand of the global Methanol market?

3. What is the year over year growth of the global Methanol market?

4. What is the production and production value of the global Methanol market?

5. Who are the key producers in the global Methanol market?

6. What are the growth factors driving the market demand?