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Methanol Market

Methanol Market, Size and Segment 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), by Regions and Global Forecast 2022-2028

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 Market Revenue Graph

Market Dynamics:

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

Opportunity:

  • More and more transportation companies are using methanol as a blended fuel.

Challenge:

  • 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.

Key Players:

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

Market Segmentation:

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

Methanol Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Methanol Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1 Coal

8.2 Natural Gas

8.3 Others

 

 

9.Methanol Market Segment,By Derivatives

9.1 Gasoline

9.2 MTO/MTP

9.3 Formaldehyde

9.4 Methyl Tertiary Butyl Ether (MTBE)

9.5 Acetic Acid

9.6 Dimethyl Ether (DME)

9.7 Methyl Methacrylate (MMA)

9.8 Biodiesel

9.9 Others

 

 

10.Methanol Market Segment, By Sub-derivatives

10.1 Gasoline additives

10.2 Olefins

10.3 UF/PF resins

10.4 VAM

10.5 Polyacetals

10.6 MDI

10.7 PTA

10.8 Acetate Esters

10.9 Acetic anhydride

10.12 Fuels

10.11 Others

 

11.Methanol Market Segment, By End-use Industry:

11.1 Construction

11.2 Automotive

11.3 Electronics

11.4 Appliances

11.5 Paints & Coatings

11.6 Insulation

11.7 Pharmaceuticals

11.8 Packaging (PET bottles)

11.9 Solvents

11.10 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

 

13. Company Profile

13.1 Methanex Corporation

13.1.1 Financial

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

13.8 SABIC

13.9 Mitsubishi Gas Chemical Company, Inc.

13.10 BASF SE

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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