Methanol Market would rocket up to USD 44.43 Billion by 2030

PRESS RELEASE
Published October 4, 2023

The report is designed to provide a holistic view of the Methanol Market 2030. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for each country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.

Data Bridge Market Research analyses that the methanol market which was USD 30.50 billion in 2022, would rocket up to USD 44.43 billion by 2030, and is expected to undergo a CAGR of 4.8% during the forecast period.

Top Companies in the Global Methanol Market:
Methanex Corporation (Canada), Proman Infrastructure Services Pvt. Ltd. (Switzerland), SABIC (Saudi Arabia), Yankuang Energy Group Company Limited (China), ZPCIR  (Iran), Celanese Corporation (Texas), BASF SE (Germany),  Petroliam Nasional Berhad (PETRONAS) (Malaysia), Mitsubishi Gas Chemical Company Inc. (Japan), Mitsui & Co., Ltd. (Japan),), LyondellBasell Industries B.V. (U.S), OCI (Netherlands), Metafrax Group (Russia), Sipchem Company (Saudi Arabia), among others.

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This report segments the global Methanol Market are:
Type

  • Natural Gas
  • Coal
  • Others

Derivatives

  • Formaldehyde
  • Acetic Acid
  • MTBE
  • MMA
  • Gasoline Blending, Biodiesel
  • DME
  • TAME
  • DMT
  • MTO/MTP
  • Others

Sub-Derivatives

  • Gasoline additives
  • Olefins
  • UF/PF resins
  • VAM, Polyacetals
  • MDI
  • PTA
  • Acetate Esters
  • Acetic anhydride
  • Fuels
  • Others

End-Use Industry

  • Construction
  • Automotive
  • Electrical & Electronics
  • Pharmaceuticals
  • Packaging
  • Paints and Coatings
  • Agriculture
  • Others

Regional Insights:

North America is the dominant market for sustainable fuels in terms of market share and market revenue. This dominance is expected to continue during the forecast period of 2023-2030. The market growth in this region is attributed to the presence of key manufacturers in the region.

On the other hand, Asia-Pacific is estimated to show significant growth over the forecast period. This growth is being driven by the shift in consumer preference towards sustainable fuels in the region.

Browse The Report Description:

https://www.databridgemarketresearch.com/reports/global-methanol-market?Pradip

A reliable Methanol market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Methanol market report.

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Methanol Market
-Changing the Methanol market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Methanol market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Methanol Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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