Fast Market Research announces the availability of the new TechNavio report, "Global Methanol Market 2017-2021", on their comprehensive research portal

Boston, MA -- (SBWire) -- 04/06/2017 --Methanol is a volatile, colorless, toxic, and flammable liquid. It is processed using a mixture of hydrogen and carbon monoxide, which collectively, is called as synthesis gas or syngas. This syngas is produced by heating hydrocarbon-rich substances with metal catalysts. Usually, the hydrocarbon used is natural gas (methane). Currently, most methanol production facilities make use of coal and natural gas as hydrocarbon sources. Methanol is also made from feedstock such as fossil fuels, including natural gas and coal.

Technavio's analysts forecast the global methanol market to grow at a CAGR of 11.09% during the period 2017-2021.

Get More Details on this Report and a Full Table of Contents at Global Methanol Market 2017-2021

Covered in this report
The report covers the present scenario and the growth prospects of the global methanol market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Methanol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Celanese
-Methanex
-Mitsubishi Gas Chemical
-Petroliam Nasional Berhad (PETRONAS)
-SABIC

Other prominent vendors

-BASF
-Methanol Holdings (Trinidad)
-Reliance Industries

Market driver

-Increasing demand for petrochemicals in APAC.
-For a full, detailed list, view our report

Market challenge

-Global economic slowdown hampers global demand for methanol.
-For a full, detailed list, view our report

Market trend

-Focus of automotive manufacturers on reduction of carbon footprints by using biodiesels.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Celanese, Methanex, Mitsubishi Gas Chemical, Petroliam Nasional Berhad (PETRONAS), SABIC, BASF, Methanol Holdings (Trinidad), Reliance Industries

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