According to a new market research report published by Global Insight Services “Methanol Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Methanol is an important industrial chemical and is used in a wide range of applications. It is a key component in the production of a variety of chemicals, including formaldehyde, acetic acid, and propylene oxide. Methanol is also used as a fuel and as a solvent.
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Key Players
- Methanex Corporation
- HELM Proman Methanol AG
- SABIC
- Yanzhou Coal Mining Co.
- Zagros Petrochemical Company
- Celanese Corporation
- BASF SE
Key Trends and Drivers
The key trends in the methanol market are the increased production of methanol from shale gas, the increased demand for methanol from the chemical industry, and the increased use of methanol as a fuel.
The major drivers for the growth of the methanol market include the growing demand for methanol from the construction and automotive industries, and the increasing use of methanol as a fuel. The construction industry is a major consumer of methanol, as it is used in the production of a variety of construction materials, such as adhesives, sealants, and coatings. The automotive industry is another major consumer of methanol, as it is used as a fuel and as a solvent in the production of a variety of automotive components.
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Market Segments
By Feedstock
- Coal
- Natural Gas
- Others
By Application
- Gasoline
- MTO/MTP
- Formaldehyde
- Methyl Tertiary Butyl Ether (MTBE)
- Acetic Acid
- Dimethyl Ether (DME)
- Methyl Methacrylate (MMA)
- Biodiesel
- Others
By End-Use
- Construction
- Automotive
- Electronics
- Appliances
- Paints & Coatings
- Insulation
- Pharmaceuticals
- Packaging (PET bottles)
- Solvents
- Others
Reasons to buy Methanol Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
Read More Research Report by Global Insight Services:
- https://www.marketwatch.com/press-release/microcontroller-ic-market-is-set-for-lucrative-growth-during-2021-2031-size-share-demand-and-opportunities-analysis-2022-05-16
- https://www.marketwatch.com/press-release/analog-ic-market-insights-by-2031-covid-19-analysis-key-players-names-analog-devicestexas-instruments-2022-05-18
About Global Insight Services:
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