Methanol Market is Expected to Expand at an Impressive Rate by 2026

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Methanol Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2026

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About Us

• Transparency Market Research (TMR) is a market
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Methanol Market Key Highlights

• The global methanol market depicts a fragmented
  vendor landscape, notes Transparency Market
  Research (TMR). This is due to the active
  participation of several large, medium, and small
  players in the market.
• Some of the prominent names of the companies in
  the global methanol market include SABIC,
  Methanex Corporation, Mitsubishi Chemical
  Holdings Corporation., and Mitsui Chemicals.  
• Various uppermost companies in the global
  methanol market are highly investing in research
  and development for devising cost-effective and
  efficient techniques in order to produce
  methanol.

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Natural Gas to Emerge as the Primary Feedstock
for Methanol

• Natural gas is estimated to account for over half
  of the revenue share by 2017 end. Natural gas is
  likely to gain market volume more than 77,700 KT
  by 2026 end. Natural gas is one of the primary
  feedstock for methanol.
• Regions such as the Middle East, Africa, North
  America and Latin America with access to low-cost
  natural gas are seeing an increase in methanol
  capacity.
• Cheap and unconventional supply of natural gas
  is leading towards the use of natural gas as
  feedstock for methanol.

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Formaldehyde to Gain Maximum Traction in the
Global Market for Methanol

• Formaldehyde is likely to account for the highest
  growth in terms of volume. By 2026 end, the
  formaldehyde is estimated to be account for
  market volume more than 37,200 KT.
• Formaldehyde is widely used in industries such as
  construction, furniture, textiles, automotive,
  paints and coatings, and pesticides and
  fertilizers. Formaldehyde is used in the
  production of amino resins.
• These resins made using formaldehyde have a
  phenomenal adhesive strength and moisture
  resistance.

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Key companies currently operating in the global
market

• Methanex Corporation
• SABIC
• BASF SE
• Mitsui Chemicals Inc.,
• Mitsubishi Chemical Holdings Corporation

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