Methanol Market Sales and Revenue by Companies, Regions, Type and Application till 2027

(MENAFN- The Express Wire) Methanol Market Sales and Revenue by Companies, Regions, Type and Application till 2027

Posted on Feb 15 2021 11:09 AM

"Methanol Market Research Report offers exclusive insights into key trends, growth drivers, major restraints and leading companies with global competitive scope "

The global methanol market size is likely to gain impetus on account of rising demand for methanol-to-olefins worldwide. A report by Fortune Business Insights™ offers a comprehensive overview on the market titled, 'Methanol Market  Size, Share & Industry Analysis, By Feedstock (Coal, Natural Gas, Municipal Waste), By Derivatives (Formaldehyde, Acetic Acid, Methyl Methacrylate (MMA), Methyl Tert-Butyl Ether (MTBE), Dimethyl Ether (DME), Gasoline, Others), By End-User (Construction, Automotive, Electronics, Paints/Coatings, Pharmaceuticals, Others) and Regional Forecast, 2019-2026.

According to the current methanol market trends, the Methanol-to-Olefins (MTO) / Methanol to Gasoline (MTP) segment is holding a considerable methanol market share on account of being the primary raw material for the production of methanol.

The Report Offers:

• An elaborative overview of the methanol market
• Factors promoting, retracting, challenging and providing opportunities to the market
• Significant industry developments and interesting insights related to methanol market
• List of key manufacturers in the market and prime strategies adopted by them for better methanol market revenue generation
• Other methanol market trends

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Key Questions Answered:

• What are the key technological and trends shaping the market?
• What are the key opportunities in the market?
• What are the key companies operating in the market?
• Which company accounted for the highest market share?
• Why Choose Fortune Business Insights?
• What is the market size and growth rate of the global and regional market by various segments?
• What is the market size and growth rate of the market for selective countries?
• Which region or sub-segment is expected to drive the market in the forecast period?
• What Factors are estimated to drive and restrain the Market growth?

Increasing Demand for Biodiesel from Maritime Industry Will Drive Market

A majority of methanol is manufactured from conventional sources such as coal, natural gas, and others. There is ongoing research for renewable methanol that is created out of waste carbon dioxide, biomass, and municipal waste. Methanol is considered one of the future fuels that will replace the sources of traditional fuels. An important factor boosting the methanol market growth is the rise in demand for biodiesel to serve as fuel.

Besides that, there is a rise in the popularity of the MTO or Make to Order process that is further anticipated to help increase the overall methanol market size in the coming years. Apart from that, the increasing consumption and demand for biodiesel from the maritime industry are likely to create lucrative methanol market growth opportunities in the forecast period.

Some of the significant methanol  market manufacturers include:

• Oman Methanol Company LLC (OMC)
• Ecofuel
• SIPCHEM
• Methanol Holdings (Trinidad) Limited
• LLC (YCI Methanol)
• Atlantic Methanol Production Company LLC ('AMPCO)
• YCI Methanol One
• OCI N.V.
• PETRONAS
• Northwest Innovation Works LLC
• Methanex Corporation
• Carbon Recycling International
• LLC (SMC)
• Salalah Methanol Company
• Clariant
• SABIC
• HELM AG
• Qatar Fuel Additives Company
• Azelis

The rising instability in crude oil prices is expected to positively impact the growth of the Methanol Market. Rising privatization and relaxation in the FDI norms are factors enabling growth in the market. Also, governments are heavily investing in power projects, which in turn, may fuel demand for energy and power plants across the globe.

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Some of the key industry developments in the methanol  market are:

August 2019   For converting natural gas to gasoline, a British Columbia based company announced its investment of USD 1.9 billion on a plant situated in Sarnia, Ontario. This plant will first convert natural gas to methanol and then transform the methanol to gasoline.

August 2019   A wholly owned subsidiary of Koch Methanol Investments and Shandong Yuhuang Chemical have recapitalized their already existing joint venture called YCI Methanol One LLC. An investment of USD 1.85 billion was made for building a methanol production facility in St. James Parish, located in Louisiana, USA.

Market Segmentation:

• By Feedstock
• By Derivatives 
• By End-User
• By Geography

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.

Regional Analysis:

• North America (The USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
• Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Asia Pacific to Emerge Dominant with China leading market for methanol production and consumption

Geographically, the global methanol market share is dominated by Asia Pacific. This is attributable to the fact that this region is the largest producer and consumer of methanol, with China being the largest producer of methanol in the world. The Middle East and Africa is the second-largest producer and net exporter of methanol. On the other side, Europe is the second-largest consumer of methanol. Quite interestingly, Latin America and the Middle East and Africa are the least consuming regions of methanol. Furthermore, Europe stands fourth, and North America stands fifth in the overall methanol market production

Major Table of Content for Methanol Market :

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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