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 • • Natural Gas Coal By Derivative • • • • • 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: • • • • • • • • 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/