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Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry (Automotive, Construction, Electronics), and Region - Global Forecasts to 2028

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from $4,950 464 Pages MarketsandMarkets June, 2023 MKMK18004840
Best Price Guarantee
Price from $4,950
Length 464 Pages
Publisher MarketsandMarkets
Published Date June, 2023
SKU MKMK18004840

Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry (Automotive, Construction, Electronics), and Region - Global Forecasts to 2028



The global Methanol market is expected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. Increasing demand for methanol for various derivatives such as formaldehyde, MTO/MTP, gasoline, among others is propelling the growth of this market.

“By feedstock, the coal segment is estimated to be the fastest-growing segment of methanol market during 2023 to 2028.”

Based on feedstock, the coal is estimated to be the fastest-growing segment during the forecast period. For large scale methanol production, coal can be one of the sustainable raw materials. The easy availability and low cost are another factors that are driving the coal feedstock demand.

“By derivative, the MTO/MTP segment is estimated to be the fastest-growing segment of methanol market during 2023 to 2028.”

Based on derivative, the MTO/MTP is estimated to be the fastest-growing segment during the forecast period. The demand of olefins is increasing in petrochemical industry. MTO is used to manufacture olefins thus the demand for MTO plants is also increasing in countries such as China. Propylene production is the main goal of the MTP process, a particular variation of the MTO process. It includes the same procedures as the MTO method for converting methanol into propylene.

“By sub derivative, the olefins segment is estimated to be the fastest-growing segment of methanol market during 2023 to 2028.”

Based on sub derivative, the olefins is estimated to be the fastest-growing segment during the forecast period. In the construction industry there is high demand of olefins. The production of chemical and polymer products such as plastic, detergent, glue, rubber, and food packaging extensively uses olefins as a raw material. By using methanol as a feedstock rather than conventional fossil fuel-based sources, the MTO and MTP processes offer other ways to produce olefins.

“By end-use industry, the solvent segment is estimated to be the fastest-growing segment of methanol market during 2023 to 2028.”

Based on end-use industry, the solvent is estimated to be the fastest-growing segment during the forecast period. Due to the significant growth in the construction industry, Asia Pacific dominates the methanol market in the solvents end-use industry segment. Methanol is frequently used as a solvent in laboratories for numerous analytical and research reasons. Methanol is frequently used in the laboratory because of its affordability and compatibility with numerous analytical procedures.

“The methanol market in Asia Pacific region is projected to witness the highest CAGR during the forecast period.”

Asia Pacific region is projected to register the highest CAGR in the methanol market from 2023 to 2028. The increasing demand for UF/PF resins and increasing methanol usage as an emerging fuel for automobiles are the key factors expected to drive the demand for methanol during the forecast period. China has been the Asia Pacific region's biggest consumer of methanol. The nation's rapid industrialisation, expanding infrastructure, and growing chemical industry have generated a considerable need for methanol. Applications include the manufacturing of formaldehyde, acetic acid, olefins, and fuel blending have driven methanol consumption in China.

Profile break-up of primary participants for the report:

By Company Type: Tier 1 – 40%, Tier 2 – 20%, and Tier 3 – 40%

By Designation: C-level Executives – 20%, Directors – 50%, and Others – 30%

By Region: Asia Pacific – 30%, Europe – 40%, North America – 20%, the Middle East & Africa- 5%, and South America – 5%

The methanol report is dominated by the players such as Methanex Corporation (Canada), HELM Proman Methanol AG(Switzerland), SABIC (Saudi Arabia), Yankuang Energy Group Company Limited (China), Zagros Petrochemical Company (ZPC) (Iran), Celanese Corporation (Texas), BASF SE (Germany), and Petroliam Nasional Berhad (PETRONAS) (Malaysia), Mitsubishi Gas Chemical Company Inc. (Japan), Mitsui & Co., Ltd. (Japan), LyondellBasell Industries B.V. (US), OCI N.V. (Netherlands), Metafrax Chemicals (Russia), SIPCHEM (Saudi Arabia), and others.

Research Coverage:

The report defines, segments, and projects the size of the methanol market based on derivative, sub-derivative, end-use, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as acquisition, agreement, investment, joint venture, merger, product launch, expansion, divestment, and partnership undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants in the market by providing them with the closest approximations of revenue numbers of the methanol market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (increasing demand for chemicals in Asia Pacific, growing demand from automotive and construction industries), restraints (use of fuel grade ethanol), opportunities (use of methanol as an alternative fuel in marine and manufacturing industries), and challenges (capital-intensive environment, volatility in feedstock prices) influencing the growth of the methanol market.

Product Development/Innovation: Detailed insights on upcoming technologies, research &

development activities in the methanol market.

Market Development: Comprehensive information about lucrative markets – the report analyses

the methanol market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped

geographies, recent developments, and investments in the methanol market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and service

offerings of leading players like Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy Group Company Limited (China), Zagros Petrochemical Company (ZPC) (Iran), Celanese Corporation (Texas), BASF SE (Germany), among others in the methanol market.


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
Table 1 Methanol Market, By Feedstock: Inclusions & Exclusions
Table 2 Methanol Market, By Derivative: Inclusions & Exclusions
Table 3 Methanol Market, By Sub-derivative: Inclusions & Exclusions
Table 4 Methanol Market, By End-use Industry: Inclusions & Exclusions
Table 5 Methanol Market, By Region: Inclusions & Exclusions
1.4 Market Scope
1.4.1 Markets Covered
Figure 1 Methanol Market Segmentation
Figure 2 Methanol Market: Regions Covered
1.4.2 Years Considered
1.5 Currency
1.6 Units Considered
1.7 Limitations
1.8 Stakeholders
1.9 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 3 Methanol Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Companies Participating In Primary Research
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Growth Forecast
2.3 Base Number Calculation
2.3.1 Supply-side Approach
2.3.2 Demand-side Approach
2.4 Recession Impact
2.5 Data Triangulation
Figure 4 Methanol Market: Data Triangulation
2.6 Assumptions
2.7 Risk Assessment
3 Executive Summary
Table 6 Methanol Market Snapshot, 2023 & 2028
Figure 5 Natural Gas Segment To Lead Methanol Market During Forecast Period
Figure 6 Uf/Pf Resins To Dominate Methanol Market
Figure 7 Automotive Segment To Hold Largest Market Size
Figure 8 Asia Pacific To Witness Highest Growth During Forecast Period
4 Premium Insights
4.1 Attractive Opportunities For Players In Methanol Market
Figure 9 Growing Demand For Fuel And Downstream Petrochemical Products To Drive Methanol Market
4.2 Methanol Market, By Derivative
Figure 10 Mto/Mtp Segment To Register Highest Growth During Forecast Period
4.3 Asia Pacific Methanol Market, By Feedstock And Country
Figure 11 Coal Segment And China Accounted For Largest Shares In Asia Pacific Methanol Market In 2022
4.4 Methanol Market: Major Countries
Figure 12 China And Canada To Offer Lucrative Opportunities During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 13 Drivers, Restraints, Opportunities, And Challenges In Methanol Market
5.2.1 Drivers
5.2.1.1 Increasing Demand For Chemicals In Asia Pacific
Figure 14 Trends In Chemical Production (2023–2025)
Figure 15 Global Methanol Demand, By Application, 2022
5.2.1.2 Growing Demand From Automotive And Construction Industries
Table 7 Methanol As A Fuel In Light Automotive Applications
Figure 16 Growth In Infrastructure Construction (2020-2030)
5.2.2 Restraints
5.2.2.1 Preference For Fuel-grade Ethanol
5.2.3 Opportunities
5.2.3.1 Use Of Methanol As Alternative Fuel In Marine And Manufacturing Industries
5.2.4 Challenges
5.2.4.1 Capital-intensive Environment
Figure 17 Capital Costs For Large-scale Methanol Plants (2020)
5.2.4.2 Volatility In Feedstock Prices
5.3 Porter’s Five Forces Analysis
Figure 18 Methanol Market: Porter’s Five Forces Analysis
Table 8 Porter’s Five Forces Analysis: Methanol Market
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Suppliers
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Trends And Forecast Of Real Gdp
Table 9 Annual Real Gdp Growth: Select Countries, 2020–2024 (%)
5.4.2 Global Electronics Industry
Figure 19 Production Of Global Electronics And It Industries (Usd Billion)
5.4.3 Construction Industry
Table 10 Construction Industry: Gdp Contribution, By Country, 2014–2019 (Usd Billion)
5.4.4 Manufacturing Industry
Figure 20 Growth Rate Of World Manufacturing Production, By Region, 2022
5.4.5 Oil & Gas Industry
Table 11 Global Oil & Gas Prices, Usd/Bbl (2016–2020)
Figure 21 Global Oil Demand Growth (2016-2021)
6 Industry Trends
6.1 Supply Chain Analysis
Figure 22 Supply Chain Analysis Of Methanol Market
Table 12 Companies In Methanol Market Supply Chain
6.2 Value Chain Analysis
Figure 23 Value Chain Analysis: Maximum Value Added During Production Process
6.2.1 Prominent Companies
6.2.2 Small & Medium-size Enterprises
6.3 Trends/Disruptions Impacting Customer Business
Figure 24 Revenue Shift & New Revenue Pockets For Methanol Manufacturers
6.4 Ecosystem
Figure 25 Ecosystem Map For Methanol Market
6.5 Patent Analysis
6.5.1 Methodology
6.5.2 Patent Publication Trends
Figure 26 Year-wise Number Of Patents (2014–2022)
6.5.3 Insights
6.5.4 Jurisdiction Analysis
Figure 27 China Accounted For Highest Patent Count
6.5.5 Top Companies/Applicants
Figure 28 Companies/Applicants With Highest Number Of Patents
6.5.5.1 Major Patents
6.6 Technology Analysis
Figure 29 Methanol: Production Process
6.7 Regulatory Landscape
6.7.1 Regulatory Bodies, Government Agencies And Other Organizations
6.7.2 Regulations Impacting Methanol Market
6.8 Potential Of Methanol For Co2 Emission Reduction
6.8.1 Methanol As Future Fuel
Table 13 Attributes Of Methanol For Use As Transportation Fuel
6.8.2 Legislations Drive Demand For Clean Fuels
Table 14 Legislations In North America And Europe For Developing Alternative Fuels
6.8.3 Applications For Co2 Emission Control
Table 15 Comparative Analysis Of Co2 Emissions: Current Fuels Vs. Renewable Fuels
Table 16 Methanol Vs. Other Fuels
6.8.4 Future Outlook
6.9 Methanol Production Cost Analysis, By Feedstock
Table 17 Natural Gas Feedstock, Production Cost (Usd/Ton)
Table 18 Coal Feedstock, Production Cost (Usd/Ton)
Table 19 Biomass Feedstock, Production Cost (Usd/Ton)
Table 20 Municipal Solid Waste Feedstock, Production Cost (Usd/Ton)
Table 21 Co2 Feedstock, Production Cost (Usd/Ton)
6.9.1 Conventional Methanol Plants
6.10 Renewable Methanol
6.10.1 Types Of Renewable Methanol
6.10.1.1 Bio-methanol
6.10.1.2 E-methanol
6.10.2 Production Process
Figure 30 Renewable Methanol Production Routes
6.10.3 Pros And Cons Of Renewable Methanol
Table 22 Pros And Cons Of Renewable Methanol
6.10.4 Future Market Potential For Renewable Methanol
Figure 31 Methanol Production Forecast (2020 Vs. 2050)
6.10.5 Existing And Proposed Renewable Methanol Plants And Their Capacities
6.10.5.1 Bio-methanol From Biomass And Msw
Table 23 Gasification Technologies
6.10.5.2 Bio-methanol From Biogas
Table 24 Bio-methane To Methanol Technologies
6.10.5.3 Bio-methanol From Wood Pulp
Table 25 Wood Pulp To Bio-methanol Technologies
6.10.5.4 Methanol From Co2 (E-methanol)
Table 26 Existing And Planned E-methanol Production Plants
Table 27 Existing And Planned Technology Demonstration Plants For E-methanol
Table 28 Technology Providers For E-methanol Production
6.10.6 Case Study Analysis
6.10.6.1 Carbon Recycling International Obtains Renewable Methanol From Co2
6.10.6.2 Enerkem Produces Renewable Methanol From Municipal Solid Waste
6.10.6.3 Biomcn Processes Renewable Methanol From Biogas
6.11 Key Conferences And Events, 2023
Table 29 Methanol Market: Key Conferences And Events
6.12 Key Stakeholders And Buying Criteria
6.12.1 Key Stakeholders In Buying Process
Figure 32 Influence Of Stakeholders On Buying Process For Top Three End-use Industries
Table 30 Influence Of Stakeholders On Buying Process For Top Three End-use Industries (%)
6.12.2 Buying Criteria
Figure 33 Key Buying Criteria, By End-use Industry
Table 31 Key Buying Criteria, By End-use Industry
6.13 Average Selling Price Analysis
Figure 34 Average Selling Price Of Methanol, By Region (Usd/Mt)
Table 32 Average Prices Of Methanol, By Region (Usd/Mt)
Table 33 Average Prices Of Methanol, By Feedstock (Usd/Mt)
Table 34 Average Prices Of Methanol, By End-use Industry (Usd/Mt)
7 Methanol Market, By Feedstock
7.1 Introduction
Figure 35 Natural Gas To Lead Market During Forecast Period (Usd Million)
Table 35 Methanol Market, By Feedstock, 2016–2022 (Usd Million)
Table 36 Methanol Market, By Feedstock, 2023–2028 (Usd Million)
Table 37 Methanol Market, By Feedstock, 2016–2022 (Thousand Metric Tons)
Table 38 Methanol Market, By Feedstock, 2023–2028 (Thousand Metric Tons)
7.2 Coal
7.2.1 Sustainable Raw Material For Large-scale Methanol Production
Table 39 Coal: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 40 Coal: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 41 Coal: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 42 Coal: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
7.3 Natural Gas
7.3.1 Preferred Feedstock For Methanol Production
Table 43 Natural Gas: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 44 Natural Gas: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 45 Natural Gas: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 46 Natural Gas: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
7.4 Others
Table 47 Other Feedstock: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 48 Other Feedstock: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 49 Other Feedstock: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 50 Other Feedstock: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8 Methanol Market, By Derivative
8.1 Introduction
Figure 36 Formaldehyde Segment To Lead Methanol Market (Usd Million)
Table 51 Methanol Market, By Derivative, 2016–2022 (Usd Million)
Table 52 Methanol Market, By Derivative, 2023–2028 (Usd Million)
Table 53 Methanol Market, By Derivative, 2016–2022 (Thousand Metric Tons)
Table 54 Methanol Market, By Derivative, 2023–2028 (Thousand Metric Tons)
8.2 Formaldehyde
8.2.1 Growing Demand From Construction Industry
Table 55 Formaldehyde: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 56 Formaldehyde: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 57 Formaldehyde: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 58 Formaldehyde: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.3 Gasoline
8.3.1 Increasing Use In Transportation Sector
Table 59 Gasoline: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 60 Gasoline: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 61 Gasoline: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 62 Gasoline: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.4 Methanol-to-olefins/Methanol-t0-propylene (Mto/Mtp)
8.4.1 High Demand For Plastics In End-use Industries
Table 63 Mto/Mtp: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 64 Mto/Mtp: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 65 Mto/Mtp: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 66 Mto/Mtp: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.5 Methyl Tert-butyl Ether (Mtbe)
8.5.1 High Demand From China For Use Across Industries
Table 67 Methyl Tert-butyl Ether (Mtbe): Methanol Market, By Region, 2016–2022 (Usd Million)
Table 68 Methyl Tert-butyl Ether (Mtbe): Methanol Market, By Region, 2023–2028 (Usd Million)
Table 69 Methyl Tert-butyl Ether (Mtbe): Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 70 Methyl Tert-butyl Ether (Mtbe): Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.6 Acetic Acid
8.6.1 Important Raw Material For Downstream Chemicals
Table 71 Acetic Acid: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 72 Acetic Acid: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 73 Acetic Acid: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 74 Acetic Acid: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.7 Dimethyl Ether (Dme)
8.7.1 Growing Demand For Heating And Cooking Purposes
Table 75 Dimethyl Ether (Dme): Methanol Market, By Region, 2016–2022 (Usd Million)
Table 76 Dimethyl Ether (Dme): Methanol Market, By Region, 2023–2028 (Usd Million)
Table 77 Dimethyl Ether (Dme): Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 78 Dimethyl Ether (Dme): Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.8 Methyl Methacrylate (Mma)
8.8.1 High Consumption In Electronics Industry
Table 79 Methyl Methacrylate (Mma): Methanol Market, By Region, 2016–2022 (Usd Million)
Table 80 Methyl Methacrylate (Mma): Methanol Market, By Region, 2023–2028 (Usd Million)
Table 81 Methyl Methacrylate (Mma): Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 82 Methyl Methacrylate (Mma): Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.9 Biodiesel
8.9.1 Slow Growth Due To Varying Government Policies
Table 83 Biodiesel: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 84 Biodiesel: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 85 Biodiesel: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 86 Biodiesel: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
8.10 Others
Table 87 Other Derivatives: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 88 Other Derivatives: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 89 Other Derivatives: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 90 Other Derivatives: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9 Methanol Market, By Sub-derivative
9.1 Introduction
Figure 37 Uf/Pf Resins Segment To Lead Methanol Market During Forecast Period
Table 91 Methanol Market, By Sub-derivative, 2016–2022 (Usd Million)
Table 92 Methanol Market, By Sub-derivative, 2023–2028 (Usd Million)
Table 93 Methanol Market, By Sub-derivative, 2016–2022 (Thousand Metric Tons)
Table 94 Methanol Market, By Sub-derivative, 2023–2028 (Thousand Metric Tons)
9.2 Gasoline Additives
9.2.1 Rapid Growth Of Automotive Industry To Fuel Demand
Table 95 Gasoline Additives: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 96 Gasoline Additives: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 97 Gasoline Additives: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 98 Gasoline Additives: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.3 Olefins
9.3.1 Growing Demand From China To Drive Methanol Market
Table 99 Olefins: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 100 Olefins: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 101 Olefins: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 102 Olefins: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.4 Uf/Pf Resins
9.4.1 Widespread Use Across Varied Applications
Table 103 Uf/Pf Resins: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 104 Uf/Pf Resins: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 105 Uf/Pf Resins: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 106 Uf/Pf Resins: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.5 Vinyl Acetate Monomer (Vam)
9.5.1 High Demand From Construction Industry
Table 107 Vam: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 108 Vam: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 109 Vam: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 110 Vam: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.6 Polyacetals
9.6.1 Increasing Demand From Automotive Industry In Emerging Economies
Table 111 Polyacetals: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 112 Polyacetals: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 113 Polyacetals: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 114 Polyacetals: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.7 Fuels
9.7.1 Rising Preference For Methanol As Alternative Fuel
Table 115 Fuels: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 116 Fuels: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 117 Fuels: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 118 Fuels: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.8 Methylene Diphenyl Diisocyanate (Mdi)
9.8.1 Growing Demand From Automobile And Furniture Industries
Table 119 Mdi: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 120 Mdi: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 121 Mdi: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 122 Mdi: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.9 Acetate Ester
9.9.1 Growth In Automotive And Paints & Coatings Industries To Drive Demand
Table 123 Acetate Ester: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 124 Acetate Ester: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 125 Acetate Ester: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 126 Acetate Ester: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.10 Purified Terephthalic Acid (Pta)
9.10.1 Expansion In Production Capacity To Boost Segment Growth
Table 127 Pta: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 128 Pta: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 129 Pta: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 130 Pta: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.11 Acetic Anhydride
9.11.1 Growing Pharmaceutical Industry To Drive Market
Table 131 Acetic Anhydride: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 132 Acetic Anhydride: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 133 Acetic Anhydride: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 134 Acetic Anhydride: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
9.12 Others
Table 135 Other Sub-derivatives: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 136 Other Sub-derivatives: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 137 Other Sub-derivatives: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 138 Other Sub-derivatives: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10 Methanol Market, By End-use Industry
10.1 Introduction
Figure 38 Automotive Segment To Dominate Methanol Market During Forecast Period
Table 139 Methanol Market, By End-use Industry, 2016–2022 (Usd Million)
Table 140 Methanol Market, By End-use Industry, 2023–2028 (Usd Million)
Table 141 Methanol Market, By End-use Industry, 2016–2022 (Thousand Metric Tons)
Table 142 Methanol Market, By End-use Industry, 2023–2028 (Thousand Metric Tons)
10.2 Automotive
10.2.1 Rising Demand For Use In Multiple Applications
Table 143 Automotive: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 144 Automotive: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 145 Automotive: Methanol Market , By Region, 2016–2022 (Thousand Metric Tons)
Table 146 Automotive: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.3 Construction
10.3.1 High Demand For Uf/Pf Resins And Formaldehyde-based Resins
Table 147 Construction: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 148 Construction: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 149 Construction: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 150 Construction: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.4 Electronics
10.4.1 Growing Demand For Direct Methanol Fuel Cells
Table 151 Electronics: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 152 Electronics: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 153 Electronics: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 154 Electronics: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.5 Appliances
10.5.1 Increasing Demand For Use In Household Appliances
Table 155 Appliances: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 156 Appliances: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 157 Appliances: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 158 Appliances: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.6 Paints & Coatings
10.6.1 Rising Need For Organic Solvents
Table 159 Paints & Coatings: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 160 Paints & Coatings: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 161 Paints & Coatings: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 162 Paints & Coatings: Methanol Market , By Region, 2023–2028 (Thousand Metric Tons)
10.7 Insulation
10.7.1 Increasing Use Of Methanol As Aging Marker
Table 163 Insulation: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 164 Insulation: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 165 Insulation: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 166 Insulation: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.8 Pharmaceutical
10.8.1 Rising Demand For Methanol For Use As Solvent
Table 167 Pharmaceutical: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 168 Pharmaceutical: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 169 Pharmaceutical: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 170 Pharmaceutical: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.9 Packaging (Pet Bottles)
10.9.1 Growing Use Of Pet Bottles In Various End-use Industries
Table 171 Packaging (Pet Bottles): Methanol Market, By Region, 2016–2022 (Usd Million)
Table 172 Packaging (Pet Bottles): Methanol Market, By Region, 2023–2028 (Usd Million)
Table 173 Packaging (Pet Bottles): Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 174 Packaging (Pet Bottles): Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.10 Solvents
10.10.1 Increasing Demand In Pharmaceutical And Construction Industries
Table 175 Solvents: Methanol Market, By Region, 2016–2022 (Usd Million)
Table 176 Solvents: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 177 Solvents: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 178 Solvents: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
10.11 Others
Table 179 Other End-use Industries: Methanol Market , By Region, 2016–2022 (Usd Million)
Table 180 Other End-use Industries: Methanol Market, By Region, 2023–2028 (Usd Million)
Table 181 Other End-use Industries: Methanol Market, By Region, 2016–2022 (Thousand Metric Tons)
Table 182 Other End-use Industries: Methanol Market, By Region, 2023–2028 (Thousand Metric Tons)
11 Methanol Market, Regional Analysis
11.1 Introduction
Figure 39 China To Record Highest Cagr During Forecast Period
Table 183 Methanol Market, By Region, 2016–2022 (Usd Million)
Table 184 Methanol Market, By Region, 2023–2028 (Usd Million)
Table 185 Methanol Market, By Region, 2016–2022 (Million Metric Tons)
Table 186 Methanol Market, By Region, 2023–2028 (Million Metric Tons)
11.2 Asia Pacific

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$8,150
$10,000

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