Methanol Market Set to Hit $38 Billion by 2028, Fueled by Dynamic Feedstock Choices and Diverse Derivatives
The methanol market is projected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. The growth in the market is driven by the rising demand in various end-use industries such as automotive, pharmaceutical, construction, among others.
Companies such as Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy...
Methanol Market Evolution: From Chemical Feedstock to Renewable Resource
Methanol, also known as methyl alcohol or wood alcohol, is a colorless, flammable liquid with a chemical formula CH3OH. It’s the simplest form of alcohol and is used as a versatile industrial chemical, solvent, and fuel source. Methanol is produced primarily from natural gas or biomass through a chemical process. It has applications in various industries, including fuel blending, chemical synthesis,...
Methanol Market Outlook 2021-2026: Forecasts, Key Players, and Growth Drivers
Methanol is a colorless, extremely flammable, poisonous, and volatile liquid with the chemical formula CH3OH. It is the most basic alcohol, consisting of one carbon atom, three hydrogen atoms, and one oxygen atom. Methanol is also known as wood alcohol since it was initially manufactured by the destructive distillation of wood. Methanol is a common solvent, fuel, and feedstock for the synthesis of...
Methanex Corporation (Canada) and HELM Proman Methanol AG are Leading Players in the Methanol Market
The global methanol market is anticipated to grow from USD 30.7 billion in 2021 to USD 36.3 billion by 2026, at a CAGR of 3.4% from 2021 to 2026. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of methanol ranging from automotive to the pharmaceutical industry. Increasing demand from Asia Pacific will further drive...
Methanol Market Worth $26.6 Billion By 2025 | At A CAGR of 5.5%
The Methanol market size is expected to grow at a CAGR of 5.5%, by value, during the forecast period. The market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025. Thedriving factors for Methanol market is its growing demand from automotive industry.
COVID-19 Impact on the Methanol Market
The global Methanol market includes major Tier I and II suppliers...
Methanol Market worth $26.6 billion by 2025 – MarketsandMarkets
[336 Pages Report] The Methanol market size is expected to grow at a CAGR of 5.5%, by value, during the forecast period. The market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025. Thedriving factors for Methanol market is its growing demand from automotive industry.
♦ Download PDF Brochure – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=425
COVID-19...
Syngas & Derivatives Market by Production Technology, Gasifier Type, Feedstock, Application, and Region – Global Forecast to 2025
According to the market
research report “Syngas & Derivatives
Market by Production Technology, Gasifier Type, Feedstock
(Coal, Natural Gas, Petroleum Byproducts, Biomass/Waste), Application
(Chemicals, Fuel, And Electricity), and Region – Global Forecast To 2025“,
The syngas & derivatives market in 2020 is estimated at 2,45,557 MWth and
is projected to reach 4,06,860 MWth...