Methanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

$ 1799


The global methanol market was worth nearly US$ 21 Billion in 2017, registering a CAGR of more than 9% during the year 2010-2017. The market is further projected to reach a value of US$ 45 Billion by 2023, at a CAGR of around 14% during the year 2018-2023. Methanol (CH3OH), commonly known as wood alcohol, refers to a colourless and volatile liquid alcohol which is primarily made by oxidising methane. It can be manufactured by using a variety of carbon-based feedstock like natural gas, coal and biomass. Apart from this, methanol is miscible in different solvents like water, alcohol, ether and ketones, and its low rate of evaporation coupled with low radiant heat energy has led to its wider adoption across the globe.

Global Methanol Market Drivers/Constraints:

  • Methanol finds numerous applications in the manufacturing of formaldehyde and acetic acid. However, in the past few years, there has been a step-like growth into new end uses, like light olefins production as well as high demand into energy applications, such as DME and direct gasoline blending.
  • The decoupling of natural gas and crude oil prices in several countries has created an arbitrage opportunity for methanol, which is manufactured using natural gas but trades in lockstep with the crude oil.
  • Methanol offers long term possibilities for reducing greenhouse gases. As methanol biodegrades easily, it is considered as a safer alternative to its competing products like crude oil, gasoline and diesel fuel which are presently one of the major sources of environmental concerns.
  • Owing to its environment-friendly nature, governments across various nations are encouraging the usage of methanol which is anticipated to further increase the demand for methanol.

Methanol Market Price

Breakup by Application:

On the basis of application, the market is segmented as formaldehyde, dimethyl ether, gasoline, chloromethane, MTBE/TAME, acetic acid and others. Amongst these, formaldehyde accounts for the majority of the market share as it finds innumerable applications in industries like plywood, plastic and paint. Moreover, it is also used as a fuel on account of its remarkable blending attributes.

Regional Insights:

On a geographical front, China enjoys a leading position in the global methanol market on account a high demand for methanol gasoline blends in the region. China is followed by Asia Pacific (excluding China), Europe, North America, Latin America, and Middle East and Africa.

Competitive Landscape:

The market is highly fragmented in nature due to the presence of numerous regional and large manufacturers who are competing in terms of prices and quality. There prevails a tough competition in the market which makes it difficult for the small players to enter. Some of the key players operating in the market include:

  • Methanex Corporation
  • Southern Chemical Corporation
  • Saudi Arabian Basic Industries Corp
  • Mitsubishi Gas Chemical
  • Zagros Petrochemical Company


This report provides a deep insight into the global methanol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the methanol market in any manner.

Key Questions Answered in This Report:

  • How has the global methanol market performed so far and how will it perform in the coming years?
  • What are the key regions in the global methanol market?
  • What are the key application segments in the global methanol market?
  • What are the price trends of methanol?
  • What are the various stages in the value chain of the global methanol market?
  • What are the key driving factors and challenges in the global methanol market?
  • What are import and export trends of the global methanol market?
  • What is the structure of the global methanol market and who are the key players?
  • What is the degree of competition in the global methanol market?
  • How is methanol manufactured?

1 Preface
2 Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3 Executive Summary
4 Introduction

    4.1 Overview
    4.2 Physical and Chemical Properties
5 Global Methanol Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3    Price Trends
        5.3.1  Price Trends
        5.3.2  Price Indicators
        5.3.3  Price Structure
    5.4    Market Forecast
    5.5    SWOT Analysis
        5.5.1    Strengths
        5.5.2    Weaknesses
        5.5.3    Opportunities
        5.5.4    Threats 
    5.6    Value Chain Analysis
        5.6.1    Overview
        5.6.2    Raw Material Mining and Extracting Companies
        5.6.3    Methanol Manufacturers
        5.6.4    Marketing
        5.6.5    Distribution
        5.6.6    Exports
        5.6.7    End Use Industries
    5.7    Margin Analysis
    5.8    Porter’s Five Forces Analysis
        5.8.1    Overview
        5.8.2    Bargaining Power of Buyers
        5.8.3    Bargaining Power of Suppliers
        5.8.4    Degree of Competition
        5.8.5    Threat of New Entrants
        5.8.6    Threat of Substitutes
    5.9   Trade Data
        5.9.1 Imports
        5.9.2 Exports
    5.10   Key Market Drivers and Success Factors
6 Performance of Key Regions
    6.1    China
    6.2    Asia Pacific (Excluding China)
    6.3    Europe
    6.4    North America
    6.5    Latin America
    6.6    Middle East and Africa
7   Market by Application
    7.1    Formaldehyde
    7.2    Dimethyl Ether
    7.3    Gasoline
    7.4    Chloromethane
    7.5    MTBE/TAME
    7.6    Acetic Acid
    7.7    Others
8 Competitive Landscape
    8.1    Market Structure
    8.2    Market Share of Key Players
    8.3    Key Player Profiles
9 Methanol Manufacturing Process
    9.1    Product Overview
    9.2    Chemical Reactions Involved
    9.3    Detailed Process Flow
    9.4    Raw Material Requirements
    9.5    Mass Balance and Feedstock Conversion Rate
10 Methanol: Feedstock Analysis
    10.1 Coal
        10.1.1 Market Performance
            10.1.1.1 Volume Trends
            10.1.1.2 Value Trends
        10.1.2 Price Trends
        10.1.3 Market Breakup by Region
        10.1.4 Market Breakup by Application
    10.2 Natural Gas
        10.2.1 Market Performance
            10.2.1.1 Volume Trends
            10.2.1.2 Value Trends
        10.2.2 Price Trends
        10.2.3 Market Breakup by Region
        10.2.4 Market Breakup by Application

 

List of Figures

Figure 1: Global: Methanol Industry Overview
Figure 2: Global: Methanol Market: Volume Demand (in Million Tons), 2010-2017
Figure 3: Global: Methanol Market: Value Trends (in Billion US$), 2010-2017
Figure 4: Global: Methanol Market: Price Trends (in US$/Ton), 2010-2017
Figure 5: Global: Methanol Market Forecast: Volume Trends (in Million Tons), 2018-2023
Figure 6: Global: Methanol Market Forecast: Value Trends (in Billion US$), 2018-2023
Figure 7: Global: Methanol Market Forecast: Price Trends (in US$/Ton), 2018-2023
Figure 8: Global: Methanol Industry: SWOT Analysis
Figure 9: Global: Methanol Industry: Value Chain Analysis
Figure 10: Global: Methanol Industry: Profit Margin at Various Level of Supply Chain
Figure 11: Global: Methanol Industry: Porter’s Five Forces Analysis
Figure 12: Global: Methanol Market: Breakup by Region (in %), 2017
Figure 13: China: Methanol Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 14: Asia Pacific (Excluding China): Methanol Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 15: North America: Methanol Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 16: Latin America: Methanol Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 17: Middle East and Africa: Methanol Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 18: Global: Methanol Market: Formaldehyde (in ‘000 Tons), 2010-2017
Figure 19: Global: Methanol Market: Dimethyl Ether (in ‘000 Tons), 2010-2017
Figure 20: Global: Methanol Market: Gasoline (in ‘000 Tons), 2010-2017
Figure 21: Global: Methanol Market: Chloromethane (in ‘000 Tons), 2010-2017
Figure 22: Global: Methanol Market: MTBE/TAME (in ‘000 Tons), 2010-2017
Figure 23: Global: Methanol Market: Acetic Acid (in ‘000 Tons), 2010-2017
Figure 24: Global: Methanol Market: Other Applications (in ‘000 Tons), 2010-2017
Figure 25: Global: Methanol Market: Market Share of Key Players (in %), 2017
Figure 26: Methanol Manufacturing: Detailed Process Flow
Figure 27: Methanol Manufacturing: Conversion Rate of Products
Figure 28: Global: Coal Market: Production Volume Trend (in Million Tons), 2010-2017
Figure 29: Global: Coal Market: Value Trend (in’000 US$), 2010-2017
Figure 30: Global: Coal Market: Price Trend (in US$/Ton), 2010-2017
Figure 31: Global: Coal Market: Breakup by Region (in %), 2017
Figure 32: Global: Coal Market: Breakup by Application (in %), 2017
Figure 33: Global: Natural Gas Market: Production Volume Trend (in Million Tons), 2010-2017
Figure 34: Global: Natural Gas Market: Value Trend (in’000 US$), 2010-2017
Figure 35: Global: Natural Gas Market: Price Trend (in US$/Ton), 2010-2017
Figure 36: Global: Natural Gas Market: Breakup by Region (in %), 2017
Figure 37: Global: Natural Gas Market: Breakup by Application (in %), 2017

List of Tables

Table 1: Methanol: Physical Properties
Table 2: Methanol: Chemical Properties
Table 3: Global: Methanol Market: Key Industry Highlights, 2017 and 2023
Table 4: Global: Methanol Market Forecast: Breakup by Region, 2018-2023
Table 5: Global: Methanol Market Forecast: Breakup by Application, 2018-2023
Table 6: Global: Methanol Market: Imports by Major Countries
Table 7: Global: Methanol Market: Exports by Major Countries
Table 8: Methanol Manufacturing: Raw Materials Required
Table 9: Methanol Manufacturing: Chemical Reactions Involved in Syngas Formation
Table 10: Methanol Manufacturing: Chemical Reactions Involved in Methanol Formation
Table 11: Global: Coal Market: Key Suppliers
Table 12: Global: Natural Gas Market: Key Suppliers


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