Methanol Market, By Feedstock (Natural Gas, Coal, and Oil), By Application (Pharmaceutical, Automotive, Paints, Solvents, and Packaging), By Derivatives (Formaldehyde, Dimethyl Ether, Gasoline, Chloromethane, MTBE/TAME, and Acetic Acid), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI91419 | Publish Date: March 2024 | No. of Pages: 167

Global Methanol Market By Feedstock Overview

Introduction:

Methanol Market accounted for US$ 3.45 billion in 2020 and is estimated to be US$ 5.77 billion by 2030 and is anticipated to register a CAGR of 5.3%.

Methanol is also referred to as a methyl alcohol. This chemical is the simplest alcohol having a methyl group linked to a hydroxyl group. It is volatile, light, colorless, and flammable liquid, which is more toxic/harmful as compared to ethanol. It is produced from various feedstock including – natural gas, coal, biomass, waste and waste CO2 as well. It is used as the parent/ precursor in order to produce other chemicals including acetic acid, formaldehyde, and dimethyl ether. Methanol reduces greenhouse gases and as methanol biodegrades easily, it can be considered as a safer alternative for its competing products such as gasoline, crude oil, etc. 

Global Methanol Market By Feedstock Dynamics

Increasing Demand of Methanol Market

The driving factor for methanol market is its increasing use in transportation and construction sector. Methanol is also being used widely in electronics and electricals, paints and coatings, pharmaceuticals, waste water treatment plants etc. Methanol is basically used to reduce CO2 emission and also as an antifreeze agent for automobile radiators. The use of methanol mixed with gasoline increases the fuel efficiency and the engine performance. Some innovative applications such as MTP (methanol-to-propylene) and MTO (methanol-to-olefins) have witnessed rapid growth in this target market across the globe. Methanol is used to produce formaldehyde which is widely used in explosives, owing to which its growing demand in formaldehyde production is boosting growth of the target market. However, high cost associated with the processing of methanol coupled with, lack of technological advancement in this process is major factors expected to hamper growth of the target market to certain extent over the forecast year.

Global Methanol Market By Feedstock Segmentation

Methanol market has been segmented on the basis of feedstock, applications, derivatives and region.

On the basis of feedstock, the target market has been sub-segmented as natural gas, coal, and oil. On the basis of applications, the global methanol market is divided into pharmaceutical, automotive, paints, solvents, and packaging. On the basis of derivatives, the target market is sub-segmented into formaldehyde, dimethyl ether, gasoline, chloromethane, MTBE/TAME, acetic acid.

Regional Insights:

The Methanol Market accounted for US$ 3.45 billion in 2020 and is estimated to be US$ 5.77 billion by 2030 and is anticipated to register a CAGR of 5.3%. On the basis of region, the target market is sub segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific methanol market is expected to account for major revenue share as compared to that of other regions. This can be attributed to rapid growth in end-use verticals, increasing production of methanol availability of labor, and increased consumers demand in the countries of the region especially in the China and India. China alone produces large amount of the world’s methanol, and utilizes this fuel for transport.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Feedstock - Natural Gas, Coal, and Oil

By Application – Pharmaceutical, Automotive, Paints, Solvents, and Packaging

By Derivatives – Formaldehyde, Dimethyl Ether, Gasoline, Chloromethane, MTBE/TAME, and Acetic Acid

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Methanol Market report based on feedstock, applications, derivatives and region.

Methanol Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Methanol Market By Feedstock Key Players

The Key players operating in the methanol market includes Methanex corporation, Methanol Holdings (Trinidad) Ltd, SABIC, PETRONAS chemicals Group Berhad, LyondellBasell Industries Holdings BV, Mitsubishi Gas Chemical Company Inc., Simalin Chemical Industries Limited, Solventis, Celanese Corporation, Antig Technology Co. Ltd., and China XLX Fertilizer Ltd.

Antig Technology Co. Ltd.

Antig is a fuel cell stack and solutions firm that has pioneered a game-changing new way for designing and manufacturing micro fuel cell systems. The Antig H2PowerChip is most important part of these systems. Mr Brent McKendry, CEO of Antig Technology, described a future scenario in which people could carry portable fuel cell chargers in their pockets. These fuel cells, based on Antig's proprietary H2PowerChip, will be less enough to carry while giving up to tens of times the runtime of a standard lithium ion battery.

Global Methanol Market By Feedstock Company Profile

  • Methanex corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Methanol Holdings (Trinidad) Ltd,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SABIC, PETRONAS chemicals Group Berhad
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LyondellBasell Industries Holdings BV
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsubishi Gas Chemical Company Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Simalin Chemical Industries Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Solventis, Celanese Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Antig Technology Co. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • China XLX Fertilizer Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Methanol Market By Feedstock Table of Contents

 

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Methanol Strategies
      • Key Questions this Study will Answer
        • By Feedstock (Natural Gas, Coal, and Oil)

        • By Application (Pharmaceutical, Automotive, Paints, Solvents, and Packaging)

        • By Derivatives (Formaldehyde, Dimethyl Ether, Gasoline, Chloromethane, MTBE/TAME, and Acetic Acid)

        • By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Methanol Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles

 

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • The Key players operating in the global methanol market includes Methanex corporation, Methanol Holdings (Trinidad) Ltd, SABIC, PETRONAS chemicals Group Berhad, LyondellBasell Industries Holdings BV, Mitsubishi Gas Chemical Company Inc., Simalin Chemical Industries Limited, Solventis, Celanese Corporation, Antig Technology Co. Ltd., and China XLX Fertilizer Ltd.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Global Methanol Market is segmented on basis of feed stock, application, derivatives and region.

The driving factor for global methanol market is its increasing use in transportation and construction sector.

Asia Pacific methanol market is expected to account for major revenue share as compared to that of other regions.

Global methanol market includes Methanex corporation, Methanol Holdings (Trinidad) Ltd, SABIC, PETRONAS chemicals Group Berhad, LyondellBasell Industries Holdings BV, Mitsubishi Gas Chemical Company Inc., Simalin Chemical Industries Limited, Solventis, Celanese Corporation, Antig Technology Co. Ltd., and China XLX Fertilizer Ltd.