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...