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Get more information about the market: https://www.imarcgroup.com/methanol-technical-material-market-report<br><br>The global methanol market has reached a value of US$ 20.7 Billion in 2017, exhibiting a CAGR of 9.2%% during 2010-2017. Methanol, also known as wood alcohol, is a colourless liquid produced via the reaction of syngas and hydrogen in the presence of a catalyst. <br><br>Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=650&flag=B<br><br>Contact Us<br><br>IMARC Group<br>James Smith<br>Email: Sales@imarcgroup.com<br>Tel No:(D) 91 120 433 0800 | http://www.imarcgroup.com<br>Americas :- 1 631 791 1145 | Africa and Europe :- 44-702-409-7331<br>Linkedin: https://www.linkedin.com/company/imarc-group
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Global Methanol Market Report | Industry Trends and Forecast by 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report Description and Highlights Report Description • Methanol Market Report By Application (Formaldehyde, Dimethyl Ether, Gasoline, Chloromethane, MTBE/TAME and Others), Distribution Channel, Region • The global methanol market has seen rapid growth, owing to its increasing applications in energy and chemical sectors. Some of the major derivatives of methanol include formaldehyde, acetic acid, gasoline and TAME/MTBE. • Market Overview: • According to IMARC Group’s new report, titled “Methanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global methanol market has reached a value of US$ 20.7 Billion in 2017, exhibiting a CAGR of 9.2%% during 2010-2017. Methanol, also known as wood alcohol, is a colourless liquid produced via the reaction of syngas and hydrogen in the presence of a catalyst. It is miscible in water, alcohol, ether, ketones and most other organic solvents. Although it is poisonous to human beings, methanol has diverse applications in a number of industries. • Highlights of the global methanol market: • Applications of methanol in the energy sector and its use in the production of chemicals are driving its demand.
Report Description and Highlights Report Description • Formaldehyde represents the largest end-use industry globally. • China is the largest global producer of methanol and accounts for about half of the total production. • In the energy sector, methanol is used to manufacture Dimethyl ether (DME), a clean fuel that can be used as a substitute to propane. It is also used to manufacture Methyl tert-butyl ether (MTBE), an anti-knock agent and oxygenate in gasoline engines. Moreover, it is an important component of biodiesel and is used as an alternative fuel for internal combustion. In the chemical sector, it is used to produce formaldehyde and acetic acid, which are further used in the production of adhesives, paints, plywood, solvents, foams, plastics, explosives, antifreeze, etc. Other applications of methanol are in fuel cells, gasoline blending, alcohol denaturation, wastewater treatment, methanol-to-olefins and methanol-to-gasoline conversions. Owing to the extensive applications of methanol in energy and chemical sectors, the global methanol market is further expected to reach a value of US$ 45.0 Billion by 2023, growing at a CAGR of around 13.8% for 2018-2023. • Methanol Market Segmentation: • Performance of Application • For more information, click here: https://www.imarcgroup.com/methanol-technical-material-market-report
Market Forecast Sample Figure: Global: Methanol Market Forecast: Volume Trends (in Million Tons), 2018-2023
Market Segmentation Report Description • Formaldehyde • Dimethyl Ether • Gasoline • Chloromethane • MTBE/TAME • Acetic Acid • Others • On the basis of end-use, formaldehyde represents the largest industry, followed by gasoline, acetic acid, chloromethane, Dimethyl Ether and TAME/MTBE. • Performance of Key Regions • China • Asia Pacific (Excluding China) • Europe • North America • Latin America • Middle East and Africa • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=650&flag=B
Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America
Market Segmentation Report Description • On the basis of region, China is the largest and fastest growing market in terms of global production. Other important regions include Asia-Pacific (excluding China), North America, Latin America, Europe and Middle East & Africa. • Major manufacturers: • Some of the key players operating in global methanol market are • Methanex Corporation • Southern Chemical Corporation(SCC) • Saudi Arabian Basic Industries Corp (SABIC) • Mitsubishi Gas Chemicals (MGC) • Zagros Petrochemical Company • Mitsubishi Gas Chemical • Petronas and Mitsui. • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.
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