METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 40: SOUTH AFRICA Global Methanol Market By Feedstock Type (Natural Gas, Coal, Others), Derivatives (Formaldehyde, Acetic Acid, MTBE, MMA, Gasoline Blending, Biodiesel, DME, TAME, DMT, MTO/MTP, Others), End-Use Industry (Construction, Automotive, Electrical & Electronics, Pharmaceuticals, Packaging, Paints & Coatings, Agriculture, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026. After a detailed analysis, Triton Market Research has concluded that the global methanol market is expected to display an upward trend and is estimated to grow at a CAGR of 5.42% in terms of revenue over the forecast period from 2019 to 2027. and METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), TABLE 19: MIDDLE EAST Search in posts . [email protected], AUTOMOTIVE Increasing adoption of methanol as blended fuel in various transportation systems due to the concerns related to the environment; this factor is expected to act as a driver for the market growth, Depletion of natural resources for usage as a fuel resulting in growth for various alternative products and solutions; this factor is expected to act as a driver for the market growth, High cost of conversion of methane into liquids for the usage in different applications and end-user due to the lack of feasible and effective technology available are expected to restrain the market growth, Methanol-to-Olefins/Methanol-to-Propylene (MTO/MTP). STATES METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 18: CANADA IN TECHNOLOGY FOR BIOREFINING, ECONOMIC SLOWDOWN HINDERS THE DEMAND FOR Global Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by 2026, registering a CAGR of 5.79% in the forecast period of 2019-2026. FOR CONVENTIONAL TRANSPORTATION FUELS, PROMOTION METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 22: SPAIN In December 2018, SABIC announced that they had increased their share in the Arrazi Methanol Company after they had purchased 50% stake from Japan Saudi Arabia Methanol Company for USD 150 million. Also, the market attractiveness matrix, vendor scorecard and Porter’s five force analysis have been studied for the methanol industry. The report includes market shares of methanol market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Chemical Market Advisory Service: Global Methanol (formerly CMAI Methanol Market Advisory Service) provides weekly market updates and monthly price forecasting, along with critical market analysis, for methanol and derivatives in the United States, Western Europe and Asia. Exact matches only . Search in title . Report scope can be customized per your requirements. METHANOL REST METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), TABLE 10: EUROPE Methanol is primarily used as a fuel source across several end user industries and applications. 24/7 [email protected] +1 909 545 6473; Generic selectors. Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. FORMALDEHYDE MARKET, 2019-2027 (IN $ MILLION), FIGURE 5: GLOBAL This decision comes after a significant rise in the demand for shale gas production from the region. METHANOL, METHANOL IN TECHNOLOGY FOR BIOREFINING, 2.8.3. NETHERLANDS METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 26: REST OF METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), TABLE 13: ASIA-PACIFIC The market was assessed to be worth $34547 million in the year 2018 and is predicted to generate a revenue of approximately $56151 million by the year 2027. ASIA-PACIFIC METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 34: BRAZIL US: +1 888 387 2818 UK: +44 208 089 1725, US: +1 888 387 2818    UK: +44 208 089 1725    Hong Kong: +852 8192 7475. Latest market research report on Methanol. Search in title. METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 28: JAPAN METHANOL MARKET, BY END-USER, 2019-2027 (IN $ MILLION), TABLE 5: GLOBAL SKU ID : GIR-13836901 | Publishing Date : 08-Feb-2019 | No. FOR CONVENTIONAL TRANSPORTATION FUELS, 2.6.4. Request For Customization. The company profiles help to get into the information about the key market players in this industry and how much hold they have on the market. DEVELOPMENT To know more about the research methodology, drop in an inquiry to speak to our industry experts. Due to its characteristics of being similar to traditional fuel products with combustion, and availability it is being used as an alternative fuel in various transportation systems. METHANOL MARKET, BY END-USER, 2018 & 2027 (IN %), FIGURE 2: GLOBAL AUTOMOTIVE Global research on Global Methanol Industry presents a detailed market overview considering segmentation based on types, application and regions. METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 23: ITALY As per the statistics from The Methanol Foundation, in the year 2015, the global demand for methanol reached 75 million metric tons, primarily driven by the rising energy application for methanol, accounting for about 40% of the total methanol consumption. KINGDOM METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 20: GERMANY VALERO MARKETING AND SUPPLY +44 7441 911839 Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service, By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Global demand of methanol is mainly driven by the production of other basic chemicals whic… January 15, 2020 06:48 ET | Source: Research and Markets. Global methanol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Methanol is also known by the names wood alcohol, methyl alcohol and wood spirit. The report on the global methanol market has been segmented as follows: Some of the prominent players in the methanol market are Methanol Holdings (Trinidad), Limited (MHTL), Mitsubishi Chemicals, BASF AG, Teijin, Mitsui & Co Ltd, Valero Marketing and Supply Company, Zagros Petrochemical Company (ZPC), Celanese Corporation, Saudi Basic Industries Corporation, Petroliam Nasional Berhad (PETRONAS), Methanex Corporation and Qatar Fuel Additives Company Limited. FORMALDEHYDE METHANOL MARKET, BY GASOLINE, 2019-2027 (IN $ MILLION), FIGURE 13: GLOBAL WANT TO KNOW COVID-19 IMPACT ON THIS MARKET? We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown. 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