By 2026 end, the global market for methanol is estimated to bring in US$ 131,344.3 million revenue. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market … One of the major factors driving the market studied is the increasing demand for methanol-based fuel. Methanex is the methanol market leader, with production assets in the Americas, Africa, and Asia, and benefits from a comprehensive supply chain network to distribute methanol on a global scale. Q3 saw regional production cuts that helped to boost both spot and contract pricing in the US methanol market to six-month highs. U.S. petrochemicals market size 2016-2027; U.S. petrochemicals market size by product 2017 & 2027 The market growth in developing countries and additional upcoming capacities in the US are expected to impact the trade scenarios for methanol. The methanol market in APAC is expected to hold the largest share by 2027 owing to the APAC’s dominance in the global market, mainly due to the rising demand for methanol and its by-products from the construction, automotive, textile, and furniture industries. You only have access to basic statistics. The formaldehyde market was the largest segment of the methanol market in 2018 at around 31%. As a Premium user you get access to background information and details about the release of this statistic. The global Bio Methanol market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, United Kingdom (UK): Largest export commodities 2019, Revenue of the leading chemical companies in the United Kingdom (UK) 2020, Chemical consumption in selected countries worldwide 2019, EU chemical revenue distribution by country 2015-2019. Price reporting. Methanol Market is expected to grow by USD 42.17 Billion in 2020 and is expected to grow by USD 75.99 Billion by 2025 at the CAGR of about 12.5%. As soon as this statistic is updated, you will immediately be notified via e-mail. Methanol finds applications in various end-use industries such as automotive, construction, electronics, solvents, pharmaceuticals, appliances, packaging, and insulation due to its unique properties. US Market Prices of Methanol As of 6th January 2021 Means of Delivery Prices in Cents/G... Polymerupdate News - US Market Prices of Methanol As of 6th … The … 400 Capitol Street, Second Floor. Corporate solution including all features. • Global demand for methanol in the last 5 years has grown by more than 45% to $32 billion in annual sales. Key benefits Obtain independent insights: The Argus Consulting Services team builds from the latest market data to provide unique insight. Methanex is the methanol market leader, with production assets in the Americas, Africa, and Asia, and benefits from a comprehensive supply chain network to distribute methanol on a global scale. The market for methanol is expected to register a CAGR of around 5% during the forecast period. The methanol industry spans the entire globe, with production in Asia, North and South America, Europe, Africa and the Middle East. Please authenticate by going to "My account" → "Administration". Accessed January 08, 2021. https://www.statista.com/statistics/974802/us-methanol-production-volume/, American Chemistry Council. Statista. Methanol is used in the production of formaldehyde, DME, acetic acid, MTBE, and others. The market growth in developing countries and additional upcoming capacities in the US are expected to impact the trade scenarios for methanol. February 19, 2020. The report also provides the market … MI member Methanol Market Services Asia (MMSA) has provided its most recent historic methanol market assessment of key global pricing and supply/demand figures. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Please contact us to get started with full access to dossiers, forecasts, studies and international data. 400 Capitol Street, Second Floor. Are you interested in testing our corporate solutions? CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will assist in methanol market growth during the next five years The report analyses some of the challenges that Methanol industry may have to face during the growth. You only have access to basic statistics. 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. The report provides information about the global methanol market size, outlook, methanol demand and supply trends, trade dynamics, import and export dynamics, etc. MMSA is a Singapore-based consulting firm that services the global methanol industry. Methanol, which is also known as methyl alcohol consists of the methyl group (CH3), coupled with a hydroxyl group (OH). Ethanol is a clear alcohol that is extracted from sugar or grains. Methanol, chemical formula (CH 3 OH), is colorless and volatile liquid alcohol produced by oxidizing methane. Most of the demand is now met through importing methanol from other countries. Introduction to Methanol Market. 4.1.3 Growing Utilization of Methanol in the Production of Olefins Using MTO. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 4.2 Restraints . Drivers: Rising demand for renewable methanol as a motor fuel across the transportation industry is projected to augment market growth. Are you interested in testing our corporate solutions? Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 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