PUBLISHER: ChemAnalyst | PRODUCT CODE: 966018
PUBLISHER: ChemAnalyst | PRODUCT CODE: 966018
Europe Methanol demand stood at 9.71 Million Tonnes in 2020 and is forecast to reach 17.8 Million Tonnes by 2030, growing at a healthy CAGR of 6.42% until 2030. Increasing demand for bio-based chemical commodities across various end-user industries like automotive, construction, paints and coatings, etc. is anticipated to increase Methanol preference over its other possible substitutes. Besides, demand for Methanol in Europe is likely to grow significantly during the forecast period owing to strong government support for adopting Methanol as a new generation renewable resource. Besides, the low production cost and eco-friendly attributes of Methanol are expected to drive its market growth during the forecast period.
The COVID-19 pandemic impacted businesses across the globe, reducing the demand for automobiles, paints, and coatings, etc. significantly, which resulted in a flat Europe Methanol market through 2020, with no growth. However, as renewable and green methanol technologies are gaining traction, the demand for Methanol has expanded again, which is likely to drive the Europe Methanol market during the forecast period.
Under this subscription, you would be able to access the Europe 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 industry including, 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 Europe 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.
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