Transparency Market Research (http://www.transparencymarketresearch.com) includes new market research report "Global Methanol Market" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 01/06/2015 -- Transparency Market Research's report on the global methanol market provides a comprehensive overview of the market trends, market structure, growth opportunities, and obstacles in the methanol market.
In this report, the global methanol market has been segmented on the basis of application and geography. This report contains valuable and detailed information on several vital aspects of the methanol market which are price trends, market size, value chain, product trends, government regulations, and future revenue estimates. The advantages and disadvantages of implementing government regulations have also been discussed in this report.
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This report has discussed some of the major business collaborations, joint ventures, and mergers and acquisitions between the key industry players in the global methanol market. Recent and upcoming technological developments in the methanol market have been covered in the report. This report includes a detailed assessment of the market forecast for a period of seven years, based on historical data and the current trends prevailing in the methanol market.
The opportunities for further growth, degree of competition, and growth inhibitors have been discussed in this report on the methanol market with the help of SWOT analysis and Porter's five forces analysis.
This report, with the help of value chain analysis, has also explained some of the crucial micro and macro factors which are of great significance to the new and the already existing market participants.
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The liquefied variant of methane is known as methanol. The decomposition of organic matter produces this gas called methane. Methanol is a widely preferred energy alternative when compared to other modern-day gasoline products since the former releases the same amount of energy. Since, methanol is naturally present in wood and volcanic gases, it is also known as wood or methyl alcohol. Many petroleum products use methanol as an additive, which as a result enhances the performance of internal combustion engines.
Methanol is extensively applied in industry, chemicals, and transportation. Acetic acid, formaldehyde, and methyl tertiary butyl ether (MTBE) are the three main derivatives of methanol. However, these days the global methanol market is witnessing high demand for methanol for fuel applications like biodiesel, dimethyl ether (DME), and the direct mixing of methanol in gasoline. About 40% of methanol consumption is directed towards producing formaldehyde, which is then used for manufacturing diverse commodities like paints, plastics, explosives, and plywood. Geographically, the global methanol market is driven by China which is the largest methanol market.
The global methanol market is driven by factors like easy availability of natural gas, and high methane producing capacity in plants. Methanol is abundantly available in nature because it is a decomposed form of organic matter.
Conversion of methane into the liquid form involves high costs which is a major growth inhibitor in the methane market. Furthermore, the current supply of methane is insufficient to meet the rising global demand for fuel.
Some of the prominent players in the global methane market are JSC "METAFRAX", BASF SE, Methanex Chile Ltd., Eastman Chemical Company, Atlantic Methanol Production Company LLC, and Celanese Corporation (U.S.).
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