Global Methanol
Market Report
2025
The worldwide Methanol market size will be USD 30.1 billion in 2024. It will show the strongest growth, with a compounded annual growth rate (CAGR) of 4% from 2024 to 2031. The methanol industry has been driven by rising demand for automotive applications from various regions. The availability of facilities for refilling with Methanol, government regulations and laws governing emissions and fuel standards, and other factors all affect the need for Methanol in vehicles.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Methanol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 6.01% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Feedstock |
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Market Split by Derivatives |
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Market Split by Sub-Derivatives |
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Market Split by End-Use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:Methanol is liquid at room temperature and non-cryogenic; therefore, bunkering would be reasonably easy to implement in marine applications. Owing to its lower emissions, Methanol is finding more and more uses as a maritime fuel thanks to regulatory reforms and the increased interest in clean-burning fuels. | |
Market Restrains:
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Report scope is customizable as we have a huge database of Methanol industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Methanol Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Methanol is a colorless, light, unstable, and flammable substance with a distinctive fragrance. Due to its toxicity, denatured alcohol—which finds use in industrial settings—is typically created by mixing this molecule with ethyl alcohol. The product's growing appeal as a substrate for making a variety of chemicals, including polymers and solvents, is anticipated to propel the market. End users' transition to sustainable fuels will present market expansion prospects. This alcohol's adaptability has been usefully applied to meet the demands of the expanding global community. Its usage is predicted to rise due to growing demand from sectors including construction and the automobile industry globally. Adhesives, plastics, textiles, insulating materials, and other chemicals and compounds all use methyl alcohol as a precursor. Plastics have a significant impact on automobiles since they lower the vehicle's overall weight, giving it characteristics akin to those of metal and increasing fuel efficiency. Plastic is used in a variety of construction-related applications, from pipes to crane ropes. Additionally, the furniture and consumer goods industries' need for adhesives will fuel the market's expansion. Furthermore, throughout the projected period, the growing use of Methanol in fuel blending applications is anticipated to accelerate the market's expansion.
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Methanex Corp and SMD inked a contract in April 2023 to build a new methanol pipeline. Under the terms of this arrangement, Methanex Corp will deliver Methanol to a neighboring SMD company's project in Damietta via its manufacturing facility in Egypt. (Source: https://www.methanex.com/news/update/methanex-egypt-and-suez-methanol-derivatives-company-sign-a-new-methanol-pipeline-construction-and-maintenance-agreement/)
Top Companies Market Share in Methanol Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the worldwide revenue. Growth in this region is driven by the need for fuelling applications, such as fuel blending and the manufacturing of green fuels in North America due to region's booming petrochemical sector. The methanol market is expanding because of the rapidly expanding electronics sector globally and rising consumer demand for electronics products and components.
APAC stands out as the fastest-growing region in the Methanol market. During the projected period, Asia Pacific is anticipated to lead the Methanol market as The construction, automotive, and electronics sectors' fast-rising methanol consumption are among the factors driving the market's expansion. India is one of the major consumers of Methanol in the Asia-Pacific area. The primary sources of methanol consumption in India are the production of formaldehyde, acetic acid, and biodiesel.
The current report Scope analyzes Methanol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Methanol industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Methanol industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Methanol industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Methanol industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Methanol industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,
Global Methanol Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Methanol Industry growth. Methanol market has been segmented with the help of its Feedstock, Derivatives Sub-Derivatives, and others. Methanol market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, natural gas is the dominant category. Natural gas is a vital feedstock for the production of Methanol because it offers the carbon and hydrogen required for the synthesis of Methanol. It is a cheap and plentiful source of hydrocarbons, making it a desirable choice for large-scale methanol production.
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Methanol Market.
Some of the key Derivatives of Methanol are:
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Methanol Market is witnessing significant growth in the near future.
In 2023, the Coal segment accounted for noticeable share of global Methanol Market and is projected to experience significant growth in the near future.
The Gasoline segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Methanex Corporation (Canada), Southern Chemical Corporation (U.S.) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Feedstock | Coal, Natural Gas, Others |
Derivatives | Gasoline, MTO/MTP, Formaldehyde, Methyl Tertiary Butyl Ether (MTBE), Acetic Acid, Dimethyl Ether (DME), Methyl Methacrylate (MMA), Biodiesel, Others |
Sub-Derivatives | Gasoline additives, Olefins, UF/PF resins, VAM, Polyacetals, MDI, PTA, Acetate Esters, Acetic anhydride, Fuels, Others |
End-Use Industry | Construction, Automotive, Electronics, Appliances, Paints & Coatings, Insulation, Pharmaceuticals, Packaging (PET bottles), Solvents, Others |
List of Competitors | Methanex Corporation (Canada), HELM AG (Germany), Southern Chemical Corporation (U.S.), SABIC (Saudi Arabia), Mitsubishi Gas Chemical Company, Inc. (Japan), Zagros Petroleum(Iran), PETRONAS (Malaysia), Mitsui & Co., Ltd. (Japan), Celanese Corporation (U.S.), BASF SE (Germany), Simalin Chemical Industries Pvt. Ltd. (India) |
This chapter will help you gain GLOBAL Market Analysis of Methanol. Further deep in this chapter, you will be able to review Global Methanol Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Methanol. Further deep in this chapter, you will be able to review North America Methanol Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Methanol. Further deep in this chapter, you will be able to review Europe Methanol Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Methanol. Further deep in this chapter, you will be able to review Asia Pacific Methanol Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Methanol. Further deep in this chapter, you will be able to review South America Methanol Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Methanol. Further deep in this chapter, you will be able to review Middle East and Africa Methanol Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Methanol. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Feedstock Analysis 2019 -2031, will provide market size split by Feedstock. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Feedstock Analysis 2021 - 2033
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Chapter 11 Market Split by Derivatives Analysis 2021 - 2033
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Chapter 12 Market Split by Sub-Derivatives Analysis 2021 - 2033
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Chapter 13 Market Split by End-Use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Methanol market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Coal have a significant impact on Methanol market? |
What are the key factors affecting the Coal and Natural Gas of Methanol Market? |
What is the CAGR/Growth Rate of Gasoline during the forecast period? |
By type, which segment accounted for largest share of the global Methanol Market? |
Which region is expected to dominate the global Methanol Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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