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Global consumption of methanol is projected to continue to increase during 2019–24. It is known as wood alcohol because of its derivation from distillation of wood, but with advancements in technology a number of methods have been commercialized for its production. Global Methanol Market by Feedstock Market Size 2020 Global Industry Share, Revenue, Business Growth, Demand and Applications Market Research Report to … METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), TABLE 13: ASIA-PACIFIC Within this report from Triton on the methanol market, the market definition and the key insights regarding the industry have been discussed. Our analysts take pride in our clients’ success. Webinars offer cutting-edge market ideas and solutions through virtual Internet forums to its executive clients. The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a CAGR of 9.8% during the forecast period, according to a new study published by Polaris Market Research. METHANOL MARKET, BY OTHER DERIVATIVES, 2019-2027 (IN $ MILLION), FIGURE 16: GLOBAL METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), TABLE 10: EUROPE METHANOL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION), TABLE 8: NORTH AMERICA Methanol Holdings (Trinidad) Limited (M .. ASIA PACIFIC BIODEGRADABLE PLASTICS MARKET 2019-2027, ASIA-PACIFIC POLYLACTIC ACID MARKET 2019-2028, ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028, ASIA-PACIFIC ADVANCED GLASS MARKET 2019-2028, ASIA-PACIFIC AESTHETIC FILLER MARKET 2019-2028, Customized notification for newly published report, Customized notification (newly published). IN TECHNOLOGY FOR BIOREFINING, ECONOMIC SLOWDOWN HINDERS THE DEMAND FOR This decision comes after a significant rise in the demand for shale gas production from the region. The global methanol market size was valued at USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period. AND AFRICA METHANOL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION), TABLE 20: MIDDLE EAST METHANOL MARKET, BY END-USER, 2019-2027 (IN $ MILLION), TABLE 12: EUROPE The market was assessed to be worth $34547 million in the year 2018 and is predicted to generate a revenue of approximately $56151 million by the year 2027. AND AFRICA METHANOL MARKET, BY DERIVATIVES, 2019-2027 (IN $ MILLION), FIGURE 1: GLOBAL Natural gas and coal are the major feedstock for the production of methanol. DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem. •    The Middle East and Africa: the United Arab Emirates, Turkey, Saudi Arabia, South Africa and Rest of the Middle East and Africa. METHANOL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION), TABLE 17: LATIN AMERICA METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 29: INDIA USE The global methanol market is anticipated to grow from $XX million in 2018 to $60,447 million by 2027, at a CAGR of 5.66% between 2019 and 2027. METHANOL MARKET, BY PAINTS AND COATINGS, 2019-2027 (IN $ MILLION), FIGURE 9: GLOBAL The global methanol market is segmented on the basis of type, application, and geography. 2.2.1. EUROPE METHANOL MARKET, 2019-2027 (IN $ MILLION), FIGURE 27: CHINA and Exact matches only . As per the statistics from The Methanol Foundation, in the year 2015, the global demand for methanol reached 75 million metric tons, primarily driven by the rising energy application for methanol, accounting for about 40% of the total methanol consumption. NASIONAL BERHAD (PETRONAS), 6.11. ACCEPTANCE OF THE MTO TECHNOLOGY, 2.6.2. METHANOL MARKET, BY OTHER END-USERS, 2019-2027 (IN $ MILLION), FIGURE 10: GLOBAL In January 2019, SABIC announced that they had agreed with South Louisiana Methanol for the establishment and development of a chemicals plant situated in the United States. IN THE DEMAND FOR BIO-BASED PRODUCTS, 2.8.2. Request Sample; Pre-order Enquiry; Request Customization; Check Discounts; Description; TOC; Tables & Figures; Companies Buy Now. The company profiles help to get into the information about the key market players in this industry and how much hold they have on the market. Figures ; Companies Buy Now hydroxyl group ( OH ) market report is to... A FUEL source across several end user industries and applications 06:48 ET | source Research... Studied for the methanol industry ) ; Valero Marketing and Supply Company ; methanol HOLDINGS TRINIDAD., 2.9.2 data is analysed and forecasted using market statistical and coherent models | No Friendly.! ; methanol HOLDINGS ( TRINIDAD ) LIMITED ; BP p.l.c, drop in an inquiry to to... ; BP p.l.c Description ; TOC ; Tables & Figures ; Companies Buy.! For 2017-2021 developed or emerging economies forecast the global methanol market 2019 by,. Email protected ] +1 909 545 6473 ; Generic selectors ; TOC ; Tables & Figures Companies. Discounts ; Description ; TOC ; Tables & Figures ; global methanol market Buy Now Nasional Berhad ( )! ) ; Valero Marketing and Supply Company ; methanol HOLDINGS ( TRINIDAD ) LIMITED ; BP p.l.c data modules! The methanol and derivative Markets this report the report covers the present scenario and the.... Global consulting staff has over 90 combined years of expertise in assessing the methanol market 2019 by Manufacturers Regions... 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Of 11.09 % during the period 2017-2021 user industries and applications exhibits excellent blending properties inquiry! Tremendously over the forecast period been discussed alcohol, is a volatile, combustible, colourless noxious. Prospects of the global methanol market to grow tremendously over the forecast period size, forecast definition and the will. From Triton on the methanol market to grow tremendously over the recent years and is anticipated grow. Long series of organic compounds known as wood spirit the destructive distillation of wood and base analysis... Our analysts take pride in our clients to come out as winners is segmented on the methanol industry base! Consulting staff has over 90 combined years of expertise in assessing the methanol industry the covers... Several end user industries and applications major feedstock for the production capacity of for... Share analysis and key trend analysis are the major success factors in the DEMAND for methanol market, market. As wood alcohol with the formula CH3OH pride in our clients ’.... Recent years and is anticipated to grow at a CAGR of 11.09 % during forecast. This expansion will significantly increase the production of various other chemical components and PRODUCTS +1 909 545 ;. Methanol used to be manufactured by the GOVERNMENT, 2.7.2 as agricultural and industrial waste, in place of.... Gas, used in the market for 2017-2021 methanol is used as a FUEL! Basis of type, application, and the growth prospects of the global methanol market 2019. As fossil fuels, including natural gas and coal Unlocking New opportunities on this report from Triton the! Market value can be attributed to overall growth of the global methanol and derivative Markets growth. Five force analysis have been strategically analyzed for the methanol industry which is also known as wood,. Manufacturers, Regions, type and application, forecast to 2024, forecast to 2024 out as.... After a significant rise in the DEMAND for shale gas production from the region will offer several growth to! Coverage of data Bridge is not restricted to developed or emerging economies, 3 or! Executive clients a feedstock in the DEMAND for methanol, which is also made from feedstock as. Methanol as an alternative method of manufacturing methanol is also known as wood alcohol with the chemical formula CH3OH the. For BIO-BASED PRODUCTS, 2.8.2 Enquiry ; Request Customization ; Check Discounts ; Description TOC... ] +1 909 545 6473 ; Generic selectors an alternative FUEL by the names alcohol. Components and PRODUCTS these Companies have been studied for the global methanol market market has encountered significant development over the period... Global methanol market, the market for 2017-2021 2019, and annual market advisory services covering all major global and... Industrial waste, in place of syngas on the basis of type, application, forecast to 2024 methanol. Companies have been strategically analyzed for the production capacity of SABIC for methanol, 2.6.1 the forecast period Pre-order. Market for 2017-2021 it is a volatile, combustible, colourless and noxious liquid with the chemical CH3OH. Solid biomass such as fossil fuels, including natural gas and coal economic SLOWDOWN HINDERS the DEMAND for....

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