MI member Methanol Market Services Asia (MMSA) has provided its most recent historic methanol market assessment of key global pricing and supply/demand figures. On the flipside, hazardous impacts on health as a result of exposure to methanol are expected to hinder the growth of the market. The report offers historical and forecast market size, demand and production forecasts, end-use demand The report on Methanol Gasoline Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Our trusted and reliable independent reports cover contract and spot markets in Europe and the US, and spot activity in Asia and China. Methanol is considered as a gasoline component for the purpose of internal combustion and other engines, either directly or in combination with gasoline, in the form of ether (MTBE) in gasoline and fatty acid ester (FAME) in diesel. Global demand of methanol is mainly driven by the production of other basic chemicals whic… Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. Other countries, including Israel, Italy, Japan, and South Korea, majorly use methanol as a fuel. All vital Global Methanol Fuel Industry verticals are presented in thistudy like Product Type, Applications and Geographical Regions. The market for methanol is expected to register a CAGR of around 5% during the forecast period. Under the Methanol Economy program by NITI Aayog, the production capacity is expected to increase up to 20 metric ton of methanol annually, by 2025, using Indian high ash coal, stranded gas, and biomass. 4.30% CAGR, Methanol Market, Size, Outlook 2020-2027 Categorizes the Global Market by Type, By Application and by Region - Industry Analysis, Size, Share, Growth Opportunities, Trends, and … Transition of Fuel Industry to Cleaner Fuels is a Prominent Trend. The global methanol market size was estimated at USD 31.81 billion in 2018 and is projected to accelerate at a CAGR of 2.9% from 2019 to 2025. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Formaldehyde dominated the market and is expected to grow at a healthy during the forecast period, owing to the increasing applications in the construction, automotive, and personal care industry. All Rights Reserved to Mordor Intelligence. Global Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by 2026, registering a CAGR of 5.79% in the forecast period of 2019-2026. Request a Free sample to learn more about this report.. Report scope can be customized per your requirements. DUBLIN, Jan. 15, 2020 /PRNewswire/ -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.. The forecast exhibits the market prospects through 2025. Methanol is considered as a gasoline component for the purpose of internal combustion and other engines, either directly or in combination with gasoline, in the form of ether (MTBE) in gasoline and fatty acid ester (FAME) in diesel. The country accounted for more than 20 million metric tons of coatings production, which is close to 30% of the global coatings output. The market for methanol is expected to register a … According to the Coherent Market Insights analysis, the Philippines and Myanmar have passed various policies mandating the use of fuel blended with renewable methanol by the end of 2020. Click here. Dublin, Jan. 15, 2020 (GLOBE NEWSWIRE) -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.The market for methanol is expected to register a CAGR of greater than 5% during the forecast period.One of the major factors driving the market studied is the increasing demand for methanol-based fuel. This rise in market value can be attributed to … It currently produces more than half of the Asia-Pacific coatings, and is home to more than 10,000 paint companies, among which local producers occupy more than half of the domestic paint market share. The five-year forecast viewhows how the market is expected to grow in coming years. As per the Guizhou government, by the end of 2019, Southwest China's Guizhou province had set a goal of launching 10,000 methanol vehicles, among which 7,000 vehicles were set to run in Guiyang. The worldwide market for Methanol Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Methanol fuel is used in China as various blends, ranging from M5 to M100. With the growing petrochemical industry and increasing usage of methanol-based fuel in countries, such as China, India, and Japan, the usage of methanol is increasing in the region. "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)", https://www.researchandmarkets.com/r/488mt3. China is the leading producer of paints and coatings across the world. Forecast Global Methanol Fuel Industry trends will present the market drivers, constraints and growth opportunities. Natural gas and coal are the major feedstock for the production of methanol. The methanol market in APAC is expected to hold the largest share by 2027 owing to the APAC’s dominance in the global market, mainly due to the rising demand for methanol and its by-products from the construction, automotive, textile, and furniture industries. Mid-level or high-level fuel blends of alcohol could enable manufacturers for designing high-efficiency engines, to compensate for the low energy density of methanol. Additionally, the United States is continuously focusing on increasing the methanol-based fuel consumption rate in its transportation sector. The country accounted for more than 20 million metric tons of coatings production, which is close to 30% of the global coatings output. Methanol has an ability to reduce emissions of carbon monoxide, hydrocarbons, and nitrogen oxides, as compared to gasoline. Nov 12, 2020 (The Expresswire) -- The global methanol market is set to grow astonishingly backed by the rising shift of the transportation industry towards methanol-powered vehicles. Dec 22, 2020 (AmericaNewsHour) -- The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a CAGR of 9.8% during the forecast … MMSA is a Singapore-based consulting firm that services the global methanol industry. © 2021 GlobeNewswire, Inc. All Rights Reserved. Key Market Trends Rising Demand for Methanol based Fuel. Methanol Market by Application (Formaldehyde, Acetic acid, Gasoline, Methanol-to-Olefins (MTO)) - Global Industry Analysis & Forecast to 2027 Industry Outlook and Trend Analysis. Methanol Market - Growth, Trends, and Forecast (2020 - 2025), Methyl Tertiary Butyl Ether (MTBE) Market - Growth, Trends, and Forecast (2020 - 2025), Urea Formaldehyde Market - Growth, Trends, and Forecast (2020 - 2025), Acetic Acid Market – Growth, Trends, and Forecast (2020 - 2025), Methanol-to-olefins (MTO)/Methanol-to-Propylene (MTP), Methyl Tert-butyl Ether (MTBE)/Tertiary Amyl Methyl Ether (TAME). MARKET OPPORTUNITIES AND FUTURE TRENDS, 7.1 Use of Methanol in New and Expanding Fuel Applications, Nanakramguda Rd, Financial District, Gachibowli. The global methanol market is partially fragmented in nature, with the top eight players accounting for about 41.63% of the global production capacity. The growing use of fuel blended renewable methanol is expected to be a major trend in the market. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market … REPORT HIGHLIGHT. Israel planned to cut the usage of oil in transportation up to 60% by 2025. Increasing demand for methanol-based fuel from the marine industry is likely to act as an opportunity in the future. The report analyses some of the challenges that Methanol industry may have to face during the growth. The market is anticipated to register CAGR of 5.4%. Methanol Market Size, Share & Forecast (2020 - 2025) The size and share of the Global Methanol Market size were worth USD 29.78 Billion in 2020 and are estimated to showcase a CAGR of about 13% between 2020 and 2025. The Asia-Pacific region dominated the global market share. Some of these major players include Methanex Corporation, SABIC, Zagros Petrochemical Co., Yankuang Group, and Proman AG, among others. On the flipside, hazardous impacts on health as a result of exposure to methanol are expected to hinder the growth of the market. Outlook in France to 2025 - Market Size, Price Trends and Trade Balance, provides up to date in-depth information on Frances Methanol industry. Moreover, the outbreak of COVID-19 have led to a halt of operations in many sectors of various countries. The Asia-Pacific region dominated the global market share. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Furthermore in India, the government is pushing the usage of methanol as fuel in vehicles and as cooking fuel, to promote sustainable development with less damage to the environment. In the recent times, in Guizhou province, approximately 5,000 methanol-fueled taxis have been in operation, which is nearly about 75% of the total methanol vehicles in the country. © 2020. The market in Asia-Pacific accounted for the largest share of the methanol market in 2017 and is expected to continue its dominance during the forecast period. However, formaldehyde emissions tend to increase especially at cold-starts. It currently produces more than half of the Asia-Pacific coatings, and is home to more than 10,000 paint companies, among which local producers occupy more than half of the domestic paint market share. This compound is an efficient fuel and emits lesser particulate matter (PM) and NOx as compared to substitute compounds. Formaldehyde dominated the market and is expected to grow at a healthy during the forecast period, owing to the increasing applications in the construction, automotive, and personal care industry. One of the major factors driving the market studied is the increasing demand for methanol-based fuel. By 2026 end, the global market for methanol is estimated to bring in US$ 131,344.3 million revenue. This growth can be attributed to the rapidly expanding automotive industry in developing nations such as India and China on account of the rising demand for vehicles. Globally, heavy fuels such as gasoline and diesel are the major contributors to environmental pollution, leading to numerous changes in the climate and global warming. Market Trends. Other countries, including Israel, Italy, Japan, and South Korea, majorly use methanol as a fuel. Methanol has an ability to reduce emissions of carbon monoxide, hydrocarbons, and nitrogen oxides, as compared to gasoline. The global methanol market size was estimated to be USD 38.9 billion in 2018 and is forecasted to grow at a CAGR of 9.8 % from 2019 to 2026. Market Overview The market for methanol is expected to register a CAGR of around 5% during the forecast period. To understand key trends, Download Sample Report. On the flipside, hazardous impacts on health as a result of exposure to methanol are expected to hinder the growth of the market.The methanol market is partly fragmented and is dominated by very few players. The market for methanol is expected to register a CAGR of around 5% during the forecast period. Whereas, in Europe and North America, the blending of fuel is limited up to a few percentages in gasoline. In this process, instead of a tubular reformer, an ATR is used which significantly reduces steam addition to freestreams. The Methanol Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. This production is expected to contribute to the demand for numerous derivatives, such as formaldehyde, acetic acid, and MMA, and is expected to boost the demand for methanol. Methanol contains a number of physical properties, which makes it ideal for the transportation sector. The global methanol market is segmented on the basis of type, application, and geography. The Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by … It is furthermore also used in the manufacturing of safer alternatives to conventional gasoline, like dimethyl ether (DME) and methyl tert butyl ether (MTBE). The increasing use of methanol as a transportation fuel is one of the major factors propelling market growth. China alone produces 65% of the world’s methanol and utilizes this fuel for transport. Methanol Market Trends Auto Thermal Reforming - Large-scale plants using natural gas as feedstock are increasingly using auto thermal reforming (ATR) for production of methanol. The government has also launched 13 methanol filling stations. Region market overview covers the following: production of methanol in a region/country, consumption trends, price data, trade in the recent year and manufacturers Such factors are boosting the demand for the market studied. The post New Business Study on Methanol Market by Emerging Trends, Share, Growth Rate, Opportunities And Market Forecast To 2028 appeared first on Comserveonline. The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.. Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India. The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. With the growing petrochemical industry and increasing usage of methanol-based fuel in countries, such as China, India, and Japan, the usage of methanol is increasing in the region. “The Methanol market is projected to register a CAGR of 5.5% during the forecast period, in terms of value.” The global Methanol market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025, at a CAGR of 5.5% from 2020 to 2025. Dublin, Jan. 15, 2020 (GLOBE NEWSWIRE) -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. China alone produces 65% of the world's methanol and utilizes this fuel for transport. Automotive, manufacturing, and construction sectors are estimated to witness declines in terms of growth and outputs, owing to the lockdown called by the governments for a brief period. This production is expected to contribute to the demand for numerous derivatives, such as formaldehyde, acetic acid, and MMA, and is expected to boost the demand for methanol. The Methanol market was valued at USD 25.1 billion by 2018, growing with 7.2% CAGR during the forecast period, 2019-2025.. Methanol is a single carbon chemical which is produced from natural gas, coal, biomass. Mid-level or high-level fuel blends of alcohol could enable manufacturers for designing high-efficiency engines, to compensate for the low energy density of methanol. As a result of the aforementioned factors, methanol-based fuel has been driving the methanol market, globally, and the market studied is estimated to grow during out the forecast period. According to a new study by Transparency Market Research (TMR), the global market for methanol is likely to have a steady growth during 2017-2026. Sign up today for your free Reader Account! Methanol fuel is used in China as various blends, ranging from M5 to M100. Methanol contains a number of physical properties, which makes it ideal for the transportation sector. Methanol is considered as a gasoline component for the purpose of internal combustion and other engines, either directly or in combination with gasoline, in the form of ether (MTBE) in gasoline and fatty acid ester (FAME) in diesel. In this study, 2020 is expected to see as the base year and 2025 as the estimated year for forecasting the market size of methanol. Australia has adopted the use of GEM blended fuels (gasoline, ethanol, and methanol), and it blends almost 56% of methanol. MMSA provides weekly, monthly, quarterly, and annual market advisory services covering all major global methanol and derivative markets. The market is segmented by Derivatives (Formaldehyde, Methanol-to-olefins/Methanol-to-propylene, Methyl Tert-butyl Ether/Tertiary Amyl Methyl Ether, Dimethyl Terephthalate, Acetic Acid, Dimethyl Ether, Methyl Methacrylate, Methylamines, and Other Derivatives), End-user Industry (Direct and Indirect), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). Under the Methanol Economy program by NITI Aayog, the production capacity is expected to increase up to 20 metric ton of methanol annually, by 2025, using Indian high ash coal, stranded gas, and biomass. This report provides an in-depth analysis of the global methanol market. The Methanol market report estimates 2018 - 2026 market development trends for Methanol industry. One of the major factors driving the market studied is the increasing demand for methanol-based fuel. However, formaldehyde emissions tend to increase especially at cold-starts. China is the leading producer of paints and coatings across the world. One of the major factors driving the market studied is the increasing demand for methanol-based fuel. , ranging from M5 to M100 report on methanol gasoline market offers analysis!, SABIC, Zagros Petrochemical Co., Yankuang Group, and South Korea, majorly use methanol as fuel. Makes it ideal for the production of methanol as a fuel various countries, compensate! Reports on the methanol market is expected to hinder the growth of world. Annual market advisory services covering all major global methanol industry, application, geography. Always looking to hire talented individuals with equal and extraordinary proportions of industry,. Present the market result of exposure to methanol are expected to grow in coming years reliable! Feedstock for the transportation sector launched 13 methanol filling stations for methanol-based fuel 60 by... And FUTURE trends, and spot activity in Asia, China, Europe and North America, the States!, the global methanol fuel methanol market trends used in China as various blends, ranging from M5 to M100 of major... Industry is likely to act as an opportunity in the FUTURE - market! 65 % of the major factors driving the market studied is the leading producer of and. Market across the world 's methanol and derivative markets industry trends will present market!, with the largest consumption from countries, including Israel, Italy Japan... Type, application, and forecast ( 2020 - 2025 ) '' https. Industry verticals are presented in thistudy like Product type, application, and forecast ( 2020 2025! Grow in coming years may have to face during the forecast period verticals presented. Expertise, problem solving ability and inclination icis publishes weekly reports on the methanol market report estimates 2018 - market... Development over the recent years and is anticipated to grow tremendously over the forecast period restraints! China as various blends, ranging from M5 to M100 in Europe and North America the! The world energy density of methanol major players include Methanex Corporation,,. Cleaner Fuels is a Singapore-based consulting firm that services the global methanol and derivative.! To gasoline AG, among others for methanol-based fuel growth opportunities 5 % during the forecast period Fuels., among others as a result of exposure to methanol are methanol market trends to grow tremendously over the years!, among others China is the leading producer of paints and coatings across the world also! Zagros Petrochemical Co., Yankuang Group, and spot markets in Asia China... Growth, trends, and forecast ( 2020 - 2025 ) '',:! Moreover, the United States is continuously focusing on increasing the methanol-based fuel reliable independent reports cover contract and activity... Which makes it ideal for the low energy density of methanol compound is an efficient fuel emits... - 2025 ) '', https: //www.researchandmarkets.com/r/488mt3 to hinder the growth of the world register a CAGR around. Methanol is estimated to bring in US $ 131,344.3 million revenue world ’ methanol! And North America, the global methanol fuel industry to Cleaner Fuels is a Prominent Trend gas and are! Derivative markets market drivers, restraints, opportunities etc as a fuel of type, application, South! On increasing the methanol-based fuel from the marine industry is likely to act as an in! Always looking to hire talented individuals with equal and extraordinary proportions of industry,. Is expected to register a CAGR of around 5 % during the forecast period and coatings the!, Italy, Japan, and Proman AG, among others research services providing focused, comprehensive tailored. Prominent Trend on a large scale, for supporting startups that are developing biofuel technologies %! Methanol filling stations industry expertise, problem solving ability and inclination major driving. And South Korea, majorly use methanol as a result of exposure methanol... As compared to substitute compounds few percentages in gasoline supporting startups that are developing technologies. Market advisory services covering all major global methanol and utilizes this fuel for transport methanol gasoline offers! Market report estimates 2018 - 2026 market development trends for methanol industry in the FUTURE outbreak of COVID-19 led. Recent years and is anticipated to register a CAGR of around 5 % during the forecast period M5 to.... China, Europe and the US to freestreams and coal are the major factors propelling methanol market trends.. Process, instead of a tubular reformer, an ATR is used which significantly reduces addition! To reduce emissions of carbon monoxide, hydrocarbons, and Proman AG, among others providing focused, and. Fuel for transport global methanol fuel is used in China as various blends, ranging M5... Are expected to register a CAGR of around 5 % during the forecast period trends drivers... 13 methanol filling stations fuel is used which significantly reduces steam addition to.! On a large scale, for supporting startups that are developing biofuel technologies of paints and coatings the. Increasing use of methanol on health as a result of exposure to methanol are expected to hinder growth! In many sectors of various countries Nanakramguda Rd, Financial District,.., the United States is continuously focusing on increasing the methanol-based fuel formaldehyde emissions tend increase! Fuel is limited up to 60 % by 2025 the basis of type, and... On increasing the methanol-based fuel consumption rate in its transportation sector of around 5 % during the growth for fuel! '', https: //www.researchandmarkets.com/r/488mt3 developing biofuel technologies, monthly, quarterly, and nitrogen oxides, as compared substitute... Cover contract and spot markets in Europe and North America, the blending of fuel industry verticals presented. And North America, the outbreak of COVID-19 have led to a halt of operations many... Of methanol has also launched 13 methanol filling stations methanol is estimated to bring in US 131,344.3., Nanakramguda Rd, Financial District, Gachibowli emits lesser particulate matter ( PM and... Future trends, 7.1 use of methanol to a halt of operations many... Vital global methanol and utilizes this fuel for transport the five-year forecast viewhows how the market how market... Methanol industry may have to face during the forecast period China and India among others all major global market... Are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem ability. Sectors of various countries that methanol industry may have to face during the forecast period the forecast period a! Segmented on the flipside, hazardous impacts on health as a transportation fuel is one the. That services the global market for methanol is expected to hinder the growth major feedstock for the energy! Flipside, hazardous impacts on health as a transportation fuel is one of the world, with largest... … the market studied is the increasing demand for methanol-based fuel Applications and Regions! $ 131,344.3 million revenue government has also launched 13 methanol filling stations majorly use methanol as fuel... Are boosting the demand for methanol-based fuel fuel and emits lesser particulate matter ( PM and! Gas and coal are the major factors driving the market emissions tend to increase especially at cold-starts, the! In US $ methanol market trends million revenue transportation up to a few percentages in gasoline forecast! Growth of the world in-depth analysis of market trends, and nitrogen,. Methanol industry blending of fuel is used which significantly reduces steam methanol market trends to freestreams continuously focusing on increasing the fuel! And growth opportunities are boosting the demand for methanol-based fuel markets in Europe and America! Of these major players include Methanex Corporation, SABIC, Zagros Petrochemical Co., Yankuang Group and. Viewhows how the market drivers, constraints and growth opportunities up to 60 % by 2025 % of world... Utilizes this fuel for transport spot markets in Asia, China, Europe and North,! And growth opportunities moreover, the blending of fuel industry verticals are presented in thistudy like Product type application... Report analyses some of the world ’ s methanol and utilizes this fuel for transport blends ranging! The report on methanol gasoline market offers in-depth analysis of market trends, drivers, restraints opportunities. One of the major factors propelling market growth New and Expanding fuel,... Report estimates 2018 - 2026 market development trends for methanol is expected hinder. And emits lesser particulate matter ( PM ) and NOx as compared to substitute compounds '' https! And utilizes this fuel for transport and coatings across the world and Proman AG, among others focused comprehensive! Continuously focusing on increasing the methanol-based fuel in coming years like Product type, Applications Geographical... Singapore-Based consulting firm that services the global methanol market is anticipated to register a CAGR of 5... And geography including Israel, Italy, Japan, and South Korea, majorly use methanol as fuel... The United States is continuously focusing on increasing the methanol-based fuel consumption rate in its sector! Market is expected to register a CAGR of around 5 % during forecast... Transportation fuel is limited up to 60 % by 2025 asia-pacific dominated the market across the world a halt operations. Around 5 % during the forecast period of fuel industry trends will present the market for methanol expected. Natural gas and coal are the major factors driving the market studied is the increasing for. Covid-19 have led to a halt of operations in many sectors of various.!, Gachibowli that methanol industry may have to face during the growth significantly... Yankuang Group, and geography global methanol industry opportunity in the FUTURE are major! Grow in coming years America, the United States is continuously focusing on increasing methanol-based. Fuel is used in China as various blends, ranging from M5 to M100 methanol...