PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369729
PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369729
Asia Pacific Methanol demand stood at 34.12 Million Tonnes in 2020 and is forecast to reach 64.31 Million Tonnes by 2030, growing at a healthy CAGR of 5.95% until 2030. An increasing number of initiatives for promoting infrastructure development in major economies coupled with a strong demand for the solvent in paints and coatings is contributing to the Methanol market growth. Moreover, the requirement of Methanol for the synthesis of various products in the chemicals and petrochemical industry is driving Methanol demand in the Asia Pacific.
The COVID-19 outbreak disrupted economies around the world as construction activities came to a halt and production facilities were shut down. A huge decline in demand for personal care items reduced the requirement of Methanol in end-user industries as well. However, as the world gradually starting to unlock and construction activities are resuming, the APAC methanol demand is expected to grow during the forecast period.
Under this subscription, you would be able to access APAC Methanol market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the chemical industry, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Methanol.
Years Considered for Analysis:
Historical Years: 2015 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Deliverables:
To extract data for the Asia Pacific Methanol market, the ChemAnalyst team conducts primary research surveys with Methanol manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.