Report Id: SNS/C&M/2011 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Methanol Market Size was valued at USD 31.9 billion in 2021, and expected to reach USD 46.5 billion by 2028, and grow at a CAGR of 5.5% over the forecast period 2022-2028.
Methanol is gaining a lot of popularity on the market because it can be used as a transportation fuel instead of ethanol. Compared to gasoline-based fuels, methanol is used more often because it is cheaper to make and less likely to catch fire. Also, methanol can meet the fuel needs of the United States because it can be made from natural gas, coal, and other materials. One of the best things about methanol is that it can be mixed with gasoline instead of using dangerous octane boosters. So, the fact that methanol can be mixed with gasoline can make cars run better by making them less likely to catch on fire. Methanol is being used more and more in hydrogen fuel cells because it is a great fuel for carrying hydrogen. This is a major growth driver. Hydrogen fuel cells are becoming very popular because they make electricity in a clean and efficient way. In the coming years, these things are expected to help the methanol industry grow.
Methanol is being used as a feedstock in more and more applications.
Methanol is being used more and more in building projects.
Effects that are bad for people's health from methanol
More and more transportation companies are using methanol as a blended fuel.
Capital intensive environment
Impact of Covid-19:
One of the markets that has been affected by the pandemic is the methanol market. The pandemic made an unwelcome entrance into people's lives in late 2019 and early 2020, which slowed the growth and demand of the market. The people in the market have been dealing with different market problems at the same time that governments around the world are planning to make estimates that will help stop the spread of the nasty new coronavirus. Since the pandemic started, a lot of money has been lost by market players and trends around the world. Also, the growing changes and preferences of the worldwide group of people who are interested in the market activities are slowing down the market's ability to grow and expand between 2022 and 2030.
Also, market ventures are working on a low attribute, but they are increasing their research and development activities, which will help them compete for the rising failure to deliver and keep an appropriate capacity of economies of scale.
Zagros Petrochemical Company, Mitsui & Co., LTD, HELM AG, Lyondellbasell Industries Holdings B.V, OCI N.V., Cleanse Corporation, SABIC, Mitsubishi Gas Chemical Company, Inc., BASF SE, Methanex Corporation
Methyl Tertiary Butyl Ether (MTBE)
Dimethyl Ether (DME)
Methyl Methacrylate (MMA)
By End-use Industry:
Paints & Coatings
Packaging (PET bottles)
Based on the availability of labour, skilled professionals, resources, raw materials, and investment opportunities, the market is broken up into different segments in different parts of the world. Based on how the market is divided by geography, the best methanol market trends are likely to be in 5 major regions around the world. Out of these five regions, it's likely that the Asia-Pacific region will have the biggest share of the Methanol market revenue during the forecast period, which will end in 2030. There has been a huge increase in factors like the fast rise in the use of methanol in a number of industries, such as the construction, automotive, and electronics industries. Also, the trends are at their highest in places like the Democratic Republic of China, Japan, the Indian subcontinent, South Korea, and Australia, among others.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 31.9 Billion|
|Market Size by 2028||US$ 46.5 Billion|
|CAGR||CAGR of 5.5% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Feedstock (Coal, Natural Gas, Others)
• By Derivatives (Gasoline, MTO/MTP, Formaldehyde, Methyl Tertiary Butyl Ether (MTBE), Acetic Acid, Dimethyl Ether (DME), Methyl Methacrylate (MMA), Biodiesel, Others)
• By Sub-derivatives (Gasoline additives, Olefins, UF/PF resins, VAM, Polyacetals, MDI, PTA, Acetate Esters, Acetic anhydride, Fuels, Others)
• By End-use Industry (Construction, Automotive, Electronics, Appliances, Paints & Coatings, Insulation, Pharmaceuticals, Packaging (PET bottles), Solvents, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Zagros Petrochemical Company, Mitsui & Co., LTD, HELM AG, Lyondellbasell Industries Holdings B.V, OCI N.V., Cleanse Corporation, SABIC, Mitsubishi Gas Chemical Company, Inc., BASF SE, Methanex Corporation|
|DRIVERS||• Methanol is being used as a feedstock in more and more applications.
• Methanol is being used more and more in building projects.
|Restraints||• Effects that are bad for people's health from methanol|
Frequently Asked Questions (FAQ) :
Ans: Capital intensive environment are the challenges faced by the Methanol Market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: One of the markets that has been affected by the pandemic is the methanol market. The pandemic made an unwelcome entrance into people's lives in late 2019 and early 2020, which slowed the growth and demand of the market. The people in the market have been dealing with different market problems at the same time that governments around the world are planning to make estimates that will help stop the spread of the nasty new coronavirus. Since the pandemic started, a lot of money has been lost by market players and trends around the world.
Ans: Effects that are bad for people's health from methanol are the restraints for Methanol Market.
Ans: Methanol Market Size was valued at USD 31.9 billion in 2021, and expected to reach USD 46.5 billion by 2028, and grow at a CAGR of 5.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Methanol Market Segment, By Feedstock
8.2 Natural Gas
9.Methanol Market Segment,By Derivatives
9.4 Methyl Tertiary Butyl Ether (MTBE)
9.5 Acetic Acid
9.6 Dimethyl Ether (DME)
9.7 Methyl Methacrylate (MMA)
10.Methanol Market Segment, By Sub-derivatives
10.1 Gasoline additives
10.3 UF/PF resins
10.8 Acetate Esters
10.9 Acetic anhydride
11.Methanol Market Segment, By End-use Industry:
11.5 Paints & Coatings
11.8 Packaging (PET bottles)
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profile
13.1 Methanex Corporation
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Zagros Petrochemical Company
13.3 Mitsui & Co., LTD
13.4 HELM AG
13.5 Lyondellbasell Industries Holdings B.V
13.6 OCI N.V.
13.7 Cleanse Corporation
13.9 Mitsubishi Gas Chemical Company, Inc.
13.10 BASF SE
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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