KEY FINDINGS
The global methanol market is predicted to rise with a CAGR of 5.66% for the forecast period of 2019-2027. The important drivers contributing to the market growth include the growing demand from the Asia-Pacific regions, increasing acceptance for MTO technology, the need for alternative transportation fuels, etc. The primary driver for the increasing growth of the global methanol market has been the growing demand for petrochemicals, especially in the APAC region.
MARKET INSIGHTS
The demand for petrochemical products such as ethylene, vinyl, styrene, propylene, benzene, xylene, butadiene, toluene, and methanol is high. Also, the accelerated demand for bio-based products amongst the end-users and the growing technological advancements for biorefining are providing the market with plenty of growth opportunities. The demand for methanol in the construction industry is expected to increase over the forecast period, primarily because of the formaldehyde derivative segment. However, the market is expected to face some challenges concerning the fluctuating methanol prices and the various government regulations and policies related to methanol.
REGIONAL INSIGHTS
The global methanol market is geographically divided into four major regions, which are Asia-Pacific, Europe, North America and the Rest of World regional segment. The Asia-Pacific market is expected to show the highest growth over the forecast period owing to the increasing application of methanol in various industries. China, Japan and South Korea are the key markets in this region. The demand for methanol and its derivatives primarily stem from China's energy and petrochemicals sectors.
COMPETITIVE INSIGHTS
Valero Marketing and Supply Company, Petroliam Nasional Berhad (Petronas), Mitsubishi Chemicals, Zagros Petrochemical Company (ZPC), Saudi Basic Industries Corporation, BASF AG, Mitsui & Co., Ltd., Methanol Holdings (Trinidad) Limited (MHTL), Methanex Corporation, Qatar Fuel Additives Company Limited, Celanese Corporation, and Teijin are some of the noted companies in the global methanol market.
Global Methanol Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Automotive Sector Holds The Largest Market Share
3.2.2. Formaldehyde Is Widely Used Derivative Of Methanol
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Increase In The Acceptance Of The Mto Technology
4.2.2. Rising Demand For Petrochemicals
4.2.3. Requirement For Alternatives To Conventional Transportation Fuels
4.2.4. Government Promote Methanol As An Alternative Fuel
4.3. Market Restraints
4.3.1. Scarcity Of Feedstock And Raw Materials
4.3.2. The Use Of Fuel Grade Ethanol Or Bioethanol In Comparison To Methanol
4.4. Market Opportunities
4.4.1. Rising Demand Of Bio-Based Products Amongst End-Users
4.4.2. Technological Advancements For The Biorefining
4.4.3. Use Of Methanol As A Marine Fuel
4.5. Market Challenges
4.5.1. Fluctuation In The Methanol Prices
4.5.2. Global Economic Slowdown Hinder Global Demand For Methanol
4.5.3. Government Regulations And Policies
5. Market By End-User
5.1. Automotive
5.2. Construction
5.3. Electronics
5.4. Paints And Coatings
5.5. Other End-Users
6. Market By Derivatives
6.1. Formaldehyde
6.2. Acetic Acid
6.3. Gasoline
6.4. Dme
6.5. Mtbe & Tame
6.6. Other Derivatives
7. Key Analytics
7.1. Porter's Five Force Model
7.1.1. Threat Of New Entrants
7.1.2. Threat Of Substitute
7.1.3. Bargaining Power Of Suppliers
7.1.4. Bargaining Power Of Buyers
7.1.5. Intensity Of Competitive Rivalry
7.2. Opportunity Matrix
7.3. Value Chain Analysis
7.4. Vendor Landscape
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
8.2. Europe
8.2.1. United Kingdom
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Roe (Rest Of Europe)
8.3. Asia Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. Australia
8.3.5. South Korea
8.3.6. Rest Of Asia Pacific (Roapac)
8.4. Rest Of World
8.4.1. Latin America
8.4.2. Middle East And Africa
9. Competitive Landscape
9.1. Company Profile
9.1.1. Basf Ag
9.1.2. Celanese Corporation
9.1.3. Qatar Fuel Additives Company Limited
9.1.4. Methanol Holdings (Trinidad) Limited (Mhtl)
9.1.5. Methanex Corporation
9.1.6. Mitsubishi Chemicals
9.1.7. Mitsui & Co., Ltd.
9.1.8. Petroliam Nasional Berhad (Petronas)
9.1.9. Saudi Basic Industries Corporation
9.1.10. Teijin
9.1.11. Valero Marketing And Supply Company
9.1.12. Zagros Petrochemical Company (Zpc)
List of Tables
Table 1 Global Methanol Market, By Geography, 2019-2027 (In $ Million)
Table 2 Global Methanol Market, By End-User, 2019-2027 (In $ Million)
Table 3 Global Automotive Market For Methanol, By Region, 2019-2027 (In $ Million)
Table 4 Global Construction Market For Methanol, By Region, 2019-2027 (In $ Million)
Table 5 Global Electronics Market For Methanol, By Region, 2019-2027 (In $ Million)
Table 6 Global Paints And Coatings Market For Methanol, By Region, 2019-2027 (In $ Million)
Table 7 Global Other End-Users Market For Methanol, By Region, 2019-2027 (In $ Million)
Table 8 Global Methanol Market, By Derivatives, 2019-2027 (In $ Million)
Table 9 Global Formaldehyde Market, By Region, 2019-2027 (In $ Million)
Table 10 Global Acetic Acid Methanol Market, By Region, 2019-2027 (In $ Million)
Table 11 Global Gasoline Market, By Region, 2019-2027 (In $ Million)
Table 12 Global Dme Market, By Region, 2019-2027 (In $ Million)
Table 13 Global Mtbe & Tame Market, By Region, 2019-2027 (In $ Million)
Table 14 Global Other Derivatives Market, By Region, 2019-2027 (In $ Million)
Table 15 Opportunity Matrix
Table 16 Value Chain Analysis Of Methanol Market
Table 17 Vendor Landscape
Table 18 Global Methanol Market, By Geography, 2019-2027 (In $ Million)
Table 19 North America Methanol Market, By Country, 2019-2027 (In $ Million)
Table 20 Europe Methanol Market, By Country, 2019-2027 (In $ Million)
Table 21 Asia Pacific Methanol Market, By Country, 2019-2027 (In $ Million)
Table 22 Rest Of World Methanol Market, By Regions, 2019-2027 (In $ Million)
List of Figures
Figure 1 Global Methanol Market Share, By End-Users 2018 & 2027 (%)
Figure 2 Global Automative Market For Methanol, 2019-2027 (In $ Million)
Figure 3 Global Formaldehyde Market For Methanol, 2019-2027 (In $ Million)
Figure 4 Global Methanol Market, By Mtbe & Tame, 2019-2027 (In $ Million)
Figure 5 Global Methanol Market, By Other Derivatives, 2019-2027 (In $ Million)
Figure 6 Porter's Five Force Model
Figure 7 Global Methanol Market, Regional Outlook, 2018 & 2027, (%)
Figure 8 United States Methanol Market, 2019-2027 (In $ Million)
Figure 9 Canada Methanol Market, 2019-2027 (In $ Million
Figure 10 United Kingdom Methanol Market, 2019-2027 (In $ Million)
Figure 11 Germany Methanol Market, 2019-2027 (In $ Million)
Figure 12 France Methanol Market, 2019-2027 (In $ Million)
Figure 13 Italy Methanol Market, 2019-2027 (In $ Million)
Figure 14 Spain Methanol Market, 2019-2027 (In $ Million)
Figure 15 Russia Methanol Market, 2019-2027 (In $ Million)
Figure 16 Roe Methanol Market, 2019-2027 (In $ Million)
Figure 17 India Methanol Market, 2019-2027 (In $ Million)
Figure 18 China Methanol Market, 2019-2027 (In $ Million)
Figure 19 Japan Methanol Market, 2019-2027 (In $ Million)
Figure 20 Australia Methanol Market, 2019-2027 (In $ Million)
Figure 21 South Korea Methanol Market, 2019-2027 (In $ Million)
Figure 22 Rest Of Asia Pacific Methanol Market, 2019-2027 (In $ Million)
Figure 23 Latin America Methanol Market, 2019-2027 (In $ Million)
Figure 24 Middle East And Africa Methanol Market, 2019-2027 (In $ Million)
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