Harrisburg, NC -- (SBWIRE) -- 09/10/2018 -- Global Methanol Market Study Report 2018-2025
This market study describes the global Methanol market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Turkey, China, Japan, India, South Korea, Brazil, South Africa, Saudi Arabia, Egypt and Iran.
The market is segmented mainly according to the applications of automotive, pharmaceuticals, construction, packaging, electronics, solvents and others.
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Top Leading Companies are: Celanese Corporation, BASF SE, SABIC, Petroliam Nasional Berhad (Petronas), Methanex Corporation, Valero Marketing and Supply Company, Mitsubishi Gas Chemical Co., Inc. (MGC), Mitsui & Co., Ltd., Zagros Petrochemical Company (ZPC), Methanol Holdings (Trinidad) Limited(MHTL), LyondellBasell Industries N.V., Etc.
The report provides answers to the following key questions:
- How big is the Methanol market?
- How is the market evolving by demand, segment and region?
- What will the market size be in 2025 and at what rate will it grow?
- What trends, challenges and barriers are influencing its growth?
- Historical and future price trends for Methanol.
This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Methanol market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025.
Furthermore, the report provides a detailed analysis of the global Methanol market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
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Methanol is light, flammable, colorless, volatile and toxic liquid which is considered as simplest of all alcohols. It is essentially produced from natural gas or coal having odor similar to that of ethanol. It is used as a precursor to many organic chemicals such as formaldehyde, acetic acid, dimethyl ether, biodiesel, dimethyl tertiary butyl ether. The major consumer as of 2017 is Asia-Pacific and new plants are coming up in this region as well. The methanol market is relatively complex and it is affected by several factors such as environmental policies, fuel consumption, biofuel mandates and plastic consumption. Despite the negative effects of these factors, the new developments such as Methanol to Olefins (MTO) and Methanol to Propylene (MTP) have bridged the gap. Globally, formaldehyde is the largest consumer of methanol as it is used in construction industries to produce glues & adhesives, permanent-press fabrics, paper product coatings and certain insulation materials. Other derivatives of methanol include Acetic acid, Dimethyl Ether (DME), Biodiesel, MTBE and others. Major end-use applications of methanol are in automotive, pharmaceuticals, packaging, construction, electronics, and solvents industries.
The Global methanol market is expected to grow at an annual average of slightly over 4% in the long-term forecast.
Reasons for Buying this Report
- Methanol report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future Outlook.
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