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Methanol Market is expected to grow by USD 42.17 Billion in 2018 and is expected to grow by USD 75.99 Billion by 2023 at the CAGR of about 12.5%.
Demand for chemical intermediates surges the Global Methanol Market
Market Overview
Market Data Forecast published a report for the methanol market. The global methanol
market was worth USD 38.9 Billion in 2018 and is estimated to rise at a CAGR of 9.8 % from
2019 to 2026.
Methanol is a kind of light flammable liquid that is produced using natural gas, coal, oil, or
renewable resources such as landfill gas and biomass as a feedstock. It extensively used as
an alternative to fuel in the transportation industry due to good high-octane rating and
blending properties.
Rising demand for chemical intermediates and development in the automotive sector all
over the globe has expected to be significant drivers for the methanol market.
However, high processing price of conversion of methane into liquid mixed with a lack of
technology to reach existing demand may hinder the market growth.
To know more read https://www.marketdataforecast.com/market-reports/methanolmarket
Report is segmented
By Feedstock
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Natural Gas
Coal
By Derivative
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Formaldehyde
MTO/MTP
Gasoline
MTBE
MMA
Geographical Segmentation:
Based on geography, the market divided under many countries such as North America,
Europe, Asia-Pacific and the Rest of the World. Asia-Pacific held the largest portion of the
global methanol market.
Key market players:
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Celanese Corporation
Eastman Chemical Company
Atlantic Methanol Production Company
BASF SE
DuPont Fuel Cell
Methanex Chile Ltd
China XLX Fertilizer Ltd.
Antig Technology Co. Ltd
View sample and decide: https://www.marketdataforecast.com/market-reports/methanolmarket/request-sample
Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations
of market potential and forecasts with utmost granularity. Along this, the factors influential
in influencing the market dynamics and trends discussed in detail at the product level.
Further, the performance of the market at the regional and country-level had assessed and
the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategically activities
of the market players delineating the key developments like mergers & acquisitions,
collaborations and an evaluation of the competitive environment within the industry had
provided. The report also provides a broad outlook of the current market along with
recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you
in making well-informed decisions.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence
and research, business intelligence and consulting. We have rich experience in research and
consulting for various business domains to cater to the needs of both individual and
corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/
Author
Brian
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Methanol Market share, market, Methanol Market
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