Methanol Market Landscape, Size, Industry Growth, Company Overview, Segments and Demand Forecast
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.
Methanol is used as a source or as a feedstock in the production
of various other chemical components and products. 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. It
is known as wood alcohol because of its derivation from distillation of wood,
but with advancements in technology a number of methods have been
commercialized for its production.
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Competitive
Analysis:
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. The report includes market shares of methanol
market for global, Europe, North America, Asia-Pacific, South America and
Middle East & Africa.
Key Market
Competitors:
SABIC; Celanese Corporation; Eastman Chemical Company; BASF
SE; Atlantic Methanol; Methanex Corporation; China XLX Fertilizer Ltd.; Mitsui
Chemicals, Inc.; Mitsubishi Chemical Holdings Corporation.; Petroliam Nasional
Berhad (PETRONAS); Valero Marketing and Supply Company; Methanol Holdings
(Trinidad) Limited; BP p.l.c.; Clariant; Coogee; Enerkem; GNFC Limited; Haldor
Topsoe A/S; Oberon Fuels; OCI NV are few of the major competitors currently present
in the market.
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Segmentation:
Methanol Market
By Type (Natural
Gas, Coal, Others)
By
Derivatives (Formaldehyde, Acetic Acid, MTBE, MMA, Gasoline Blending,
Biodiesel, DME, TAME, DMT, MTO/MTP, Others)
By End-Use
Industry (Construction, Automotive, Electrical & Electronics,
Pharmaceuticals, Packaging, Paints & Coatings, Agriculture, Others)
By
Geography (North America, South America, Europe, Asia-Pacific, Middle
East and Africa)
Reasons to
Purchase this Report
Current and future of global anesthesia monitoring market
outlook in the developed and emerging markets
The segment that is expected to dominate the market as well
as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest
growth rates during the forecast period
The latest developments, market shares, and strategies that
are employed by the major market players
Key
Insights in the report:
·
Complete and distinct analysis of the market drivers
and restraints
·
Key market players involved in this industry
·
Detailed analysis of the market segmentation
·
Competitive analysis of the key players involved
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