The global methanol market is expected to grow at a CAGR of around 9.4% during 2024-2033. This report on global methanol market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global methanol market by segmenting the market based on application and region. Also, detailed profiles of companies operating in the methanol market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Demand from Petrochemical Industries
• Increase in the demand of Bio Based Products
Market Challenges
• Capital intensive environment
• Unstable Methanol Prices
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Application
• Formaldehyde
• Dimethyl ether
• Gasoline
• Chloromethane
• MTBE/TAME
• Acetic acid
• Others
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa