PUBLISHER: Lucintel | PRODUCT CODE: 1416738
PUBLISHER: Lucintel | PRODUCT CODE: 1416738
The future of the global methanol market looks promising with opportunities in the construction, automotive, electronic, appliance, paints & coating, insulation, pharmaceutical, packaging, and solvent markets. The global methanol market is expected to reach an estimated $43.6 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing demand for methanol-based fuels and risin use of this substrate in the chemical industry.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global methanol by feedstock, derivative, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies methanol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the methanol companies profiled in this report include-
Lucintel forecasts that natural gas is expected to witness the highest growth over the forecast period.
Within this market, construction will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Market Size Estimates: Methanol market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Methanol market size by feedstock, derivative, end use industry, and region in terms of value ($B).
Regional Analysis: Methanol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different feedstocks, derivatives, end use industries, and regions for the methanol market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the methanol market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the methanol market size?
Answer: The global methanol market is expected to reach an estimated $43.6 billion by 2030.
Q2. What is the growth forecast for methanol market?
Answer: The global methanol market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the methanol market?
Answer: The major drivers for this market are increasing demand for methanol-based fuels and risin use of this substrate in the chemical industry.
Q4. What are the major segments for methanol market?
Answer: The future of the methanol market looks promising with opportunities in the construction, automotive, electronic, appliance, paints & coating, insulation, pharmaceutical, packaging, and solvent markets.
Q5. Who are the key methanol market companies?
Answer: Some of the key methanol companies are as follows:
Q6. Which methanol market segment will be the largest in future?
Answer: Lucintel forecasts that natural gas is expected to witness the highest growth over the forecast period.
Q7. In methanol market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.