PUBLISHER: ChemAnalyst | PRODUCT CODE: 965998
PUBLISHER: ChemAnalyst | PRODUCT CODE: 965998
China Methanol market demand stood at 18878.17 Thousand Tonnes in 2020 and is forecast to reach 36074.73 Thousand Tonnes by 2030, growing at a healthy CAGR of 5.98% until 2030. Demand for Methanol in China is envisioned to grow notably in the forecast period, driven by its heavy consumption to produce Formaldehyde, a commodity widely required in the flexible packaging sector. Furthermore, the rising requirement for Methanol in niche pharmaceutical applications is likely to surge its demand in the next five years. Since the onset of COVID-19 and the imposition of lockdown restrictions to contain the spread of novel coronavirus the manufacturing units were shut down and the demand from end-user industries subsided. The Methanol market faced a setback and is expected to pick up the pace post-COVID-19 period.
Under this subscription, you would be able to access the China 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 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 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 China 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.
Figure 12 : China Methanol By Region (%)
Figure 13 :China Methanol By Application (%)