Methanol Market worth 54.16 Billion USD by 2021 (1)

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Methanol Market by Type ,Application - by
Region Global Trends Forecast to 2021
www.MarketsandMarkets.com
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Methanol Market by Feedstock (Natural Gas and
Coal), Derivative (Formaldehyde, MTO/MTP,
Gasoline, MTBE, and MMA), Sub-derivative (UF/PF
Resins and Olefins), End-Use Industry
(Construction, Automotive, and Electronics) and
by Region - Global Trends Forecasts to
2021 The global methanol market was of worth USD
29.62 Billion in 2015, and is expected to
register a CAGR of 12.4 between 2016 and
2021.  PDF Brochure http//www.marketsandmarke
ts.com/pdfdownload.asp?id425

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Coal The largest feedstock of methanol The
global production of methanol is 40 million tons
per year, most of which is produced from natural
gas and oil. However, high prices and limited
reserves of natural gases in certain geographical
areas such as China and Africa have stimulated
interest in unconventional feedstock for the
production of methanol. Thus, coal comes across
as a sustainable alternative raw material for
large scale methanol production owing to its
abundance, low cost and efficient coal
gasification technology. Request for
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MTO/MTP The fastest-growing derivative of
methanol MTO/MTP is the fastest-growing
derivative segment in the methanol market.
Methanol-to-olefins and methanol-to-propylene
(MTO/MTP) applications are gaining momentum and
are expected to become the largest derivative of
methanol, in terms of both, value and volume, by
2021. Ethylene and propylene are the major
feedstocks of polyethylene and polypropylene
plastics, respectively, which are in huge demand.
The demand of these olefins is the major driver
for the massive growth of the methanol market in
MTO/MTP derivative. Inquiry before
buying http//www.marketsandmarkets.com/Enquiry_B
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Asia-Pacific The largest and fastest-growing
market for methanol Asia-Pacific is the most
favorable market for chemicals, power, and fuels
and is anticipated to be the same in the coming
years. The continuous rise in the production of
methanol, as an alternative fuel for automotive
in the region is the main driving force of the
methanol market.  The growing demand and policies
including emission control, environment friendly
products, and so on, have led to innovation and
developments in the industry, making it a strong
methanol production hub, globally. The excessive
growth in the production of olefins, and rise in
MTO/MTP plants in China since last few years are
working as a driver in the methanol production in
the Asia-Pacific region. Request Sample _at_
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?id425
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These stakeholders include Methanol
manufacturers Methanol traders Distributors and
suppliers End-use market participants of
different segments of methanol Government and
research organizations Associations and
industrial bodies Research and consulting
firms RD institutions Environment support
agencies Investment banks and private equity
firms Visit Report _at_ http//www.marketsandmarke
ts.com/Market-Reports/methanol-market-425.html
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Speak to analyst _at_
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p?id425
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Key players The feedstock suppliers in the
methanol market are oil gas producing companies
and coal mining companies. British Petroleum
(U.K.), Shell (Netherlands), CNOOC (China), PEMEX
(Mexico), China Shenhua Energy (China), Amuminium
Corporation of China Limited (China), China Coal
Energy (China), and others provide feedstock,
namely, natural gas, and coal to the methanol
manufacturers. Methanol manufacturing companies
such as Methanex Corporation (Canada), SABIC
(Saudi Arabia), and Mitsui Co., Ltd. (Japan)
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