Methanol Market Overview and Research Report, 2014 to 2024

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Methanol Market Share, Size, Analysis, Growth,
Regional Outlook, Strategies, Trends and
Forecasts to 2024 Hexa Research
"Methanol Market Size to Reach USD 100.3 Billion
by 2024"
The global Methanol Market is estimated to reach
USD 100.3 billion by 2024, primarily driven by
its widespread of applications in adhesives,
paints, and plastics. Asia Pacific is the fastest
growing market in terms of volume, growing at a
CAGR of 8.6 and is expected to maintain its
dominance over the forecast period.
The rise in demand for petrochemicals and the
advancement of new industrial segments are
projected to offer new opportunities for the
methanol market during the forecast period. In
Asia Pacific region, China is the largest and the
fastest growing market and is expected to show
the same trend over the forecast period due to
the abundance of coal and natural gas available
in China.
The growth of methanol market is mainly due to
the rise in demand for clean burning fuel and
fuel substitutes such as biodiesel. Additionally,
increase in RD activities for the usage of
methanol as an alternative to gasoline products
for vehicles is projected to drive the demand for
methanol.
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Methanol by-products like formaldehyde, acetic
acid, DME, gasoline is utilized in several
industrial applications such as construction
building, production of petrochemicals,
pharmaceuticals, synthesis of chemicals and in
the automotive sector. Formaldehyde dominated the
global market contributing to USD 6.2 billion in
2016. Formaldehyde is used to produce wood
products such as plywood and adhesives.
The high demand for formaldehyde is owing to its
high purity, low cost, and the abundant use of
formaldehyde in various chemical reactions.
Acetic acid and formaldehyde are widely used
by-products of methanol. DME and fuel blending
have also been recognized as enormously
profitable application areas such as clean fuel
for transportation, cooking, heating and power
generation and is expected to record a 9.0 CAGR
during the forecast period.
With diminishing crude oil reserves, demand for
substitute transportation fuel has stimulated the
market for blended and clean fuel such as
methanol and its derivatives. It is a potential
replacement for traditional transportation fuel
such as diesel and petrol, which is projected to
fuel the market for methanol over the forecast
period. However, with the availability of cheap
and low-cost substitutes and alternatives of
methanol such as bio ethanol or ethanol fuel,
which bounds the methanol consumption, and
constant fluctuation in the prices of crude oil
would impact the affordability of the chemical,
and its derivatives can hinder the growth of the
methanol industry during the forecast period.
Hexa Research has segmented the global methanol
market based on end-use and region
Segmentation by End-Use, 2014 - 2024 (Kilo Tons)
(USD Million)
Formaldehyde Acetic Acid MTBE DME Fuel
blending MTO
Biodiesel Others
Segmentation by region, 2014 - 2024 (Kilo Tons)
(USD Million) North America U.S. Canada
Europe
Germany France U.K.
Asia Pacific China India Japan Middle
East Africa South Africa
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Rest of Middle East Africa Latin America
Brazil
Key players analyzed Badische Anilin- und
Soda-Fabrik Zagros Petrochemical Company
Methanol Holdings Trinidad Limited Mitsui
Co., Ltd Celanese Corporation Petroliam
Nasional Berhad Saudi Arabia Basic Industries
Corporation Methanex Corporation Mitsubishi
Gas Chemical Co., Inc. Valero Marketing and
Supply Company
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Table of Content of Methanol Market
Chapter 1. Market Summary 1.1. Market trends
movement
Chapter 2. Methanol Market Trends Drivers
Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. Methanol Market Trends, By End
Use 3.1. Global Methanol market movement, by end
use, 2016 2024 3.1.1. Formaldehyde
3.1.1.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.2. Acetic Acid
3.1.2.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.3. MTBE
3.1.3.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.4. DME
3.1.4.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.5. Fuel
Blending
3.1.5.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.6. MTO
3.1.6.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.7. Biodiesel
3.1.7.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 3.1.8. Others
3.1.8.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) Chapter 4.
Methanol Market Trends, By Region 4.1. Global
Methanol market movement, by region, 2016
2024 4.1.1. North America
4.1.1.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 4.1.1.2. Market
estimates and forecast, by end use, 2014 - 2024
(Kilo Tons) (USD Million) 4.1.2. Europe
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4.1.2.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 4.1.2.2. Market
estimates and forecast, by end use, 2014 - 2024
(Kilo Tons) (USD Million) 4.1.3. Asia Pacific
4.1.3.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 4.1.3.2. Market
estimates and forecast, by end use, 2014 - 2024
(Kilo Tons) (USD Million) 4.1.4. Central South
America
4.1.4.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 4.1.4.2. Market
estimates and forecast, by end use, 2014 - 2024
(Kilo Tons) (USD Million) 4.1.5. Middle East
Africa
4.1.5.1. Market estimates and forecast, 2014 -
2024 (Kilo Tons) (USD Million) 4.1.5.2. Market
estimates and forecast, by end use, 2014 - 2024
(Kilo Tons) (USD Million)
Chapter 5. Competitive Landscape
5.1. Competitive landscape analysis, 2016 5.2.
Strategic framework
5.3. Potential customer base concentration 5.4.
Company market positioning 5.5. Company profiles
5.5.1. Badische Anilin- und Soda-Fabrik 5.5.1.1.
Company Overview 5.5.1.2. Product
Benchmarking 5.5.1.3. Financial
Performance 5.5.1.4. Recent Initiatives
5.5.2. Zagros Petrochemical Company 5.5.2.1.
Company Overview 5.5.2.2. Product
Benchmarking 5.5.2.3. Financial
Performance 5.5.2.4. Recent Initiatives
5.5.3. Mitsui Co., Ltd
5.5.3.1. Company Overview 5.5.3.2. Product
Benchmarking 5.5.3.3. Financial
Performance 5.5.3.4. Recent Initiatives
5.5.4. Celanese Corporation 5.5.4.1. Company
Overview 5.5.4.2. Product Benchmarking 5.5.4.3.
Financial Performance
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5.5.4.4. Recent Initiatives
5.5.5. Petroliam Nasional Berhad 5.5.5.1. Company
Overview
5.5.5.2. Product Benchmarking 5.5.5.3. Financial
Performance 5.5.5.4. Recent Initiatives
5.5.6. Saudi Arabia Basic Industries
Corporation 5.5.6.1. Company Overview
5.5.6.2. Product Benchmarking 5.5.6.3. Financial
Performance 5.5.6.4. Recent Initiatives
5.5.7. Methanex Corporation 5.5.7.1. Company
Overview
5.5.7.2. Product Benchmarking 5.5.7.3. Financial
Performance 5.5.7.4. Recent Initiatives
5.5.8. Mitsubishi Gas Chemical Co., Inc. 5.5.8.1.
Company Overview
5.5.8.2. Product Benchmarking 5.5.8.3. Financial
Performance 5.5.8.4. Recent Initiatives
5.5.9. Valero Marketing and Supply
Company 5.5.9.1. Company Overview
5.5.9.2. Product Benchmarking 5.5.9.3. Financial
Performance 5.5.9.4. Recent Initiatives
5.5.10. List of other vendors
Chapter 6. Methodology and Scope
6.1. Research methodology 6.2. Research Scope
Assumptions 6.3. List of data sources
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