Get more information about the market: https://www.imarcgroup.com/methanol-technical-material-market-report The global methanol market has reached a value of US$ 24.7 Billion in 2018, exhibiting a CAGR of 7.7% during 2011-2018. Owing to the extensive applications of methanol in energy and chemical sectors, the global methanol market is expected to reach a value of US$ 48.3 Billion by 2024, growing at a CAGR of 11.1% for 2019-2024. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/methanol-technical-material-market-report/requestsample For India market research reports, visit: http://www.marketresearchindia.co.in Browse Related Report Caustic Soda Market Report: https://www.imarcgroup.com/caustic-soda-market Fumaric Acid Market Report: https://www.imarcgroup.com/fumaric-acid-market Contact Us IMARC Group James Smith Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 Linkedin: https://www.linkedin.com/company/imarc-group

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Global Methanol
Market Research
Report and Forecast
2024
Report Edition: 2019
© 2019 IMARC All Rights Reserved

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3. Report DescriptionReport Description and Highlights
Global Methanol Market Overview:
According to IMARC Group’s new report, titled “Methanol Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2019-2024”, the global methanol market has reached a value
of US$ 24.7 Billion in 2018, exhibiting a CAGR of 7.7% during 2011-2018. Methanol, also known as
wood alcohol, is a colourless liquid produced via the reaction of syngas and hydrogen in the presence
of a catalyst. It is miscible in water, alcohol, ether, ketones and most other organic solvents. Although it
is poisonous to human beings, methanol has diverse application in a number of industries.
Highlights of the Global Methanol Market
• Application of methanol in the energy sector and its use in the production of chemicals are
driving its demand.
• Formaldehyde represents the largest end-use industry globally.
• China is the largest global producer of methanol and accounts for about half of the total
production.
In the energy sector, methanol is used to manufacture Dimethyl ether (DME), a clean fuel that can be
used as a substitute to propane.

4. Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2019 2020 2021 2022 2023 2024
InBillionUS$
Other applications of methanol are fuel cells, gasoline blending, alcohol denaturation, wastewater
treatment, methanol-to-olefins and methanol-to-gasoline conversions. Owing to the extensive
applications of methanol in energy and chemical sectors, the global methanol market is further
expected to reach a value of US$ 48.3 Billion by 2024, growing at a CAGR of 11.1% for 2019-2024.
Request for a free sample report: https://www.imarcgroup.com/methanol-technical-material-market-
report/requestsample

5. Report DescriptionReport Description and Highlights
It is also used to manufacture Methyl tert-butyl ether (MTBE), an anti-knock agent and oxygenate in
gasoline, engines. Moreover, it is and important component of biodiesel and is used as an alternative
fuel for internal combustion. In the chemical sector, it is used to produce formaldehyde and acetic acid,
which are further used in the production of adhesives, paints, plywood, solvents, foams, plastics,
explosives, antifreeze, etc.
Key Market Segmentation:
Market Segmentation by End-Use
• Formaldehyde
• Dimethyl ether
• Gasoline
• Chloromethane
• MTBE/TAME
• Acetic acid
On the basis of end-use, formaldehyde represents the largest industry, followed by gasoline, acetic
acid, chloromethane, Dimethyl Ether and TAME/MTBE.

6. Report Description
Report Description and Highlights
Market Segmentation by Region
• China
• Asia-Pacific (excluding China)
• Europe
• North America
• Latin America
• Middle east & Africa
On the basis of region, chine is the largest and fastest growing market in terms of global production.
Other important regions Asia Pacific (Excluding Chins), North America, Latin America, Europe and
Middle East & Africa.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Methanex Corporation
• Southern Chemical Corporation

7. Report DescriptionReport Description and Highlights
• Saudi Arabian Basic Industries Corp
• Mitsubishi Gas Chemicals
• Zagros Petrochemical Company
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report

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9. A partial List of our Clients
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world's leading corporates, governments, and
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Partial List of Clients

10. Report DescriptionReport Description and Highlights
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