It is the major contributor to the growth of the market owing to the expansion of the automotive and construction industries. If you have any special requirements, please let us know and we will offer you the report as you want. 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. On a daily basis 200,000 tons of methanol is used in chemical feedstock or as transportation fuel (67 . the global methanol market size is forecast to reach usd 37.8 billion by 2028 and is expected to grow to exhibit a cagr (compound annual growth rate) of 4.3% during the forecast period; states. Methanol is a colorless, flammable, light chemical with a pronounced alcoholic door. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast . The COVID-19 pandemic negatively impacted the global economy, making it difficult to forecast the market's future due to the uncertainties surrounding the pandemic. Methanol, otherwise called methyl alcohol among others, is a compound with the formula CH3OH a methyl aggregate connected to a hydroxyl gathering, commonly . Methanol Market was valued at US$ 27.11 Bn. Methanol (CH3OH) is the simplest alcohol and is used to make hundreds of daily items such as plastics, paints, automobile parts, and construction materials. Methanol is emerging as an alternative fuel for the marine and manufacturing industries. IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, . Published Date: 04-Mar-2019 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3477 Status : Published. Global markets are presented by Renewable Green Methanol type, along with growth forecasts through 2028. Global renewable methanol market is expected to generate USD 210 million by 2025, at a CAGR of around 3.5% between 2019 and 2025. This report provides a detailed historical analysis of the global Methanol Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and subsectors. Global Methanol Market Outlook The global methanol market attained a value of USD 38.7 billion in 2021. $26.6 Billion Market Size 5.5% CAGR Asia-Pacific Dominating Region 2022-2030 Forecast Period Segmentation By Feedstock Natural Gas Oil Coal Global Methanol Market Study 2016-2032 Scope of Report The Methanol report describes the Global Methanol Market, with focus on the Country, Applications and other End-Use Scenarios. The Global Methanol Market is estimated to reach USD XXXX Billion, recording a CAGR of XXX% by the forecast period. As per the analysis by Expert Market Research, the global methanol market grew at a CAGR of around 5.5% in the historical period of 2017-2021. Contact Us; IND: (+91) 40-485-49062 . After a detailed analysis, Triton Market Research has concluded that the global methanol market is expected to display an upward trend and is estimated to grow at a CAGR of 5.42% in terms of revenue over the forecast period from 2019 to 2027. Over the forecast period, the Global Market is anticipated to grow to exhibit a CAGR (Compound Annual Growth Rate) of 4.3%. Who are the major players operating in the market? Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19. What are the major countries covered in the Market? Methanol Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United . 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. Global Methanol Market Research Report 2017. The global methanol market size was estimated at 83.8 million metric ton in 2020, and the market is projected to register a CAGR of over 5% during the forecast period (2021-2026). This is attributed to the high usage of methanol in manufacturing of petrochemicals such as formaldehyde, acetic acid, dimethyl ether (DME), olefins, methyl tert-butyl ether/tert-amyl methyl ether (MTBE/TAME), methyl methacrylate (MMA), and solvent. Looking forward, IMARC Group expects the market to reach US$ 44.7 Billion by 2027, exhibiting a CAGR of 5.3% during 2022-2027. The market's notable growth is mainly credited to the availability of renewable methanol and stringent government . What is the growth rate of the Market? According to report, the global methanol market is projected to grow at a CAGR of 11.9% over the forecast period of 2018-2024. The driving factors for Methanol market is its growing demand from automotive industry. The Global Methanol Market accounted for US$ 28,121 Mn in 2020 and projected to reach US$ 38,901 in 2028 with a considerable CAGR of 4% during the forecast period of 2021 to 2028. The market is estimated to be USD 30.7 billion in 2021 and is projected to reach USD 36.3 billion by 2026. Methanol, a common name for methyl alcohol is a commodity chemical used in numerous applications directly or further modified chemically to manufacture a variety of other chemical compounds. Historical & Forecast Period 2018 - Historical Year for Methanol Market The global market for methanol is anticipated to exhibit a CAGR of 6% and reach a valuation of US$ 77.6 Bn by the end of 2032. Market Synopsis: The Global Methanol Market was valued at USD 29.4 Billion in 2021 and is projected to reach a value of USD 37.8 Billion by 2028. The Global Methanol Market size was estimated at USD 33.69 Billion in 2020 and expected to reach USD 34.77 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 3.55% to reach USD 41.54 Billion. As per the data provided by the Observatory of Economic Complexity (OEC), the sales of special pharmaceuticals were valued at USD 12.2 billion in 2017 and are projected to double in the coming years. The growth of the methanol market will be significantly dependent on the automotive industry. Methanol Market size is expected to grow at a CAGR of 5.93 % through the forecast period. Methanol is broadly used in industries nonstop or as a feedstock for the fabrication of liquid fuels, chemicals, and plastics. Methanol is a light flammable liquid that can be obtained with the help of natural gas, oil, coal, or renewable resources like biomass and landfill gas as feedstock. Further, market share of prominent companies in the global methanol market would also be estimated. The global Methanol market was valued at 3638.61 Million USD in 2021 and will grow with a CAGR of 4.17% from 2021 to 2027, based on Research newly published report.. To learn more about this report, Download a free Sample Copy The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate . 170 pages By Inkwood Research May 2022 KEY FINDINGS The Asia-Pacific renewable methanol market is likely to register a 2.32% CAGR in terms of volume and 3.44% in terms of revenue during the estimated years of 2022 to 2030 . The COVID-19 pandemic has significantly reduced the demand for methanol from end-use industries such as automotive, appliances, and others owing to supply-chain disruptions, import-export . The global Bio Methanol market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027. Industry Outlook and Trend Analysis. Global Methanol Market Synopsis Methanol market is gaining significant popularity as it acts as an alternative to conventional transportation fuels such as ethanol. The Global Methanol Market size was estimated at USD 33.69 Billion in 2020 and expected to reach USD 34.77 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 3.55% to reach USD 41.54 Billion. The global renewable methanol market was valued at $3.3 billion in 2019, and is projected to reach $5.3 billion by 2027, registering a CAGR of 5.8%. The Methanol Market is predicted to grow at a CAGR of 3.5% during the forecast period of 2022-2027 and reach the market value of US$37.1 billion by 2027. The growth of the market can be attributed to the growing demand for methanol from end user industries, followed . Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Research Methodology. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 5.75% during 2022-2027. Demand for methanol is projected to register a CAGR of 6% through 2032. The market is further expected to grow at a CAGR of 4.4% in the forecast period of 2022-2027. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. The report is a comprehensive presentation of trends, forecast and dollar values of the global methanol market. Market growth is attributed to growing demand from building & construction, automotive & transportation, and chemical companies. In terms of revenue, the Global Methanol Market is expected to reach USD 37.8 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 4.3% from 2022 to 2028. East Asia is anticipated to be the largest consumer of methanol with this regional market expanding at a CAGR of 6.4% over the decade. According to Inkwood Research's industry experts, the global market for renewable methanol is estimated to rise with a CAGR of 3.82% in terms of revenue and 2.55% in terms of volume during the forecast years of 2022 to 2030. The COVID-19 pandemic negatively impacted the global economy, making it difficult to forecast the market's future due to the uncertainties surrounding the pandemic. The report focuses on the Direct Methanol Fuel Cell (DMFC) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. [512 Pages Report] The Methanol market size is expected to grow at a CAGR of 3.4%, by value, during the forecast period. in 2021 and is expected to grow at US$ 40.58 Bn. Our industry experts and panel of . The regional market's growth is accredited to the initiation of new projects, the augmenting wind and solar sector, and the increase in electricity generation from renewable energy sources . It is also known as methyl hydrate or methyl alcohol. The. The global methanol market was valued at $35.3 billion in 2021, and is projected to reach $54.6 billion by 2030, growing at a CAGR of 5.06% from 2022 to 2030. The outbreak exposed several challenges for various industries. According to Persistence Market Research, worldwide methanol consumption is expected to reach US$ 77.6 Bn by the end of 2032. The outbreak exposed several challenges for various industries. 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. The data which has been looked upon is done considering both, the existing . The global Bio Methanol market was valued at 50.53 Million USD in 2021 and will grow with a CAGR of 24.55% from 2021 to 2027, based on Research newly published report.. Report Summary. DUBLIN--(BUSINESS WIRE)--The "Methanol (CAS 67-56-1) Global Market Research Report 2022" report has been added to ResearchAndMarkets.com's offering.This global report is a result of industry . Methanol Market - Overview The global methanol market is growing with the rapid pace; mainly due to the expanding automotive industry. This report has studied every segment and provided the market size using historical data. Additionally, China being the major manufacturer and consumer of derivatives will have a significant effect on the growth of the market. The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on global methanol market. Methanol Market size was valued at USD 31.00 Billion in 2020 and is projected to reach USD 39.52 Billion by 2028, growing at a CAGR of 2.8% from 2021 to 2028.. Increasing demand for methanol in the production of dimethyl ether and Methyl tert-butyl ether (MTBE), as well as rising usage of methanol as a fuel in vehicles due to better engine performance and . Methanol (CH3OH) is also known as 'wood alcohol'. Methanol Market research is an intelligence report with efforts undertaken to study the right and valuable information. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027. The COVID-19 pandemic negatively impacted the global economy. The Methanol Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. According to a recent study report published by the Market Research Future, the global market of methanol is prospering and expected to gain prominence over the forecast period. The natural gas segment was valued at USD 15,381.2 million in 2021. The global methanol market garnered a revenue of USD 29007.9 Million in the year 2020 and is further expected to reach USD 55110.5 Million by the end of 2030 by growing with a CAGR of 5.2% during the forecast period, i.e., 2021-2030. The global Methanol market was valued at 3638.61 Million USD in 2021 and will grow with a CAGR of 4.17% from 2021 to 2027, based on Research newly published report. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect . The conversion of agricultural and industrial wastage into renewable methanol has . The methanol market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF Increased Demand in Formaldehyde Production to Augment the Market Growth of Methanol Renewable methanol is a second-generation methanol derived from renewable energy sources, mainly from biomass and industrial wastage. 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. The Methanol Market is likely to attain a global CAGR of 5.5% and hence, reach a global market value worth USD 26.6 billion by the end of the period in 2030. Methanol is a colorless, flammable, light chemical with a distinct alcoholic . Sep 27, 2022 (The Expresswire) -- The Global " Methanol Market " [2022-2026] research report provides an in-depth market evaluation by highlighting information on various aspects covering global. The Methanol market research report provides in-depth information about the data analyzed and interpreted during the course of this research by using the figures, graphs, pie charts, tables and bar graphs. - Market research report and industry analysis - 32279672 The methanol market in Asia Pacific stood at USD 17.60 billion in 2020. By feedstock, the coal segment has accounted largest revenue share of around 60% in 2021 By derivatives, the acetic acid segment accounted 5.6% revenue share in 2021. The methanol market is projected to register a CAGR of over 4.87% during the forecast period 2022-2027. The U.S. methanol market is projected to worth around US$ 8.4 billion by 2030. Direct Methanol Fuel Cells Global Direct Methanol Fuel Cells Market to Reach $364.3 Million by 2027 In the changed post COVID-19 business landscape, the global market for Direct Methanol Fuel Cells estimated at US$158.6 Million in the year 2020, is projected to reach a revised size of US$364.3 Million by 2027, growing at a CAGR of 12.6% over the analysis period 2020-2027. Estimates on production and value are based on the price in the supply chain at which the Renewable Green Methanol are procured by the manufacturers. The global methanol market size was $35,320.0 million in 2021 and is predicted to grow with a CAGR of 5.0%, by generating a revenue of $54,630.4 million by 2030. Get Sample PDF of Methanol Market. Marketing Research World Methanol Demand ASIA-PACIFIC RENEWABLE METHANOL MARKET FORECAST 2022-2030 1062 1250 942. The methanol market is projected to register a CAGR of over 4.87% during the forecast period 2022-2027. 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. DUBLIN, December 10, 2021--The "Methanol: 2021 World Market Outlook up to 2030 (with COVID-19 Impact Estimation)" report has been added to ResearchAndMarkets.com's offering. in 2029. Methanol Market 2022. The Brainy Insights announces the release of the Global Methanol Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery by technology, Type . The global Methanol market size is projected to reach multi million by 2029, in comparison to 2022, with unexpected CAGR during the forecast period, the Methanol Market Report Contains 107 pages Including Full TOC, Tables and Figures, and Chart with In-depth Analysis Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Region. The global Methanol market size is projected to reach multi million by 2028, in comparision to 2021, at unexpected CAGR during 2022-2028 (Ask for Sample Report). The key regions are analyzed by considering various factors such as the profit, product price, capacity, production, supply, demand, market . In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Methanol Market Overview: In this report, the global Methanol market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Methanol Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. The global Bio Methanol market was valued at 50.53 Million USD in 2021 and will grow with a CAGR of 24.55% from 2021 to 2027, based on Research newly published report.. Methanol Market Size And Forecast. Vancouver, B.C., March 29, 2022 - The global green methanol market size reached USD 3.71 Billion in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period, according to latest analysis by Emergen Research. The global methanol market valued at $25 billion and is anticipated to grow with a CAGR of 5.6% throughout the forecast period 2019-2025. The research report includes specific segments by region (country), by manufacturers, by Type and by Application. The market was assessed to be worth $34547 million in the year 2018 and is predicted to generate a . The market is further anticipated to witness a healthy growth in the forecast period of 2022-2027, driven by the diverse applications of methanol. Global Ultra High Purity Methanol Market Research Report 2022. The global renewable methanol market size reached US$ 3.16 Billion in 2021. By Type and by Application segment also provides consumption during the forecast from! 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methanol market research