Israel planned to cut the usage of oil in transportation up to 60% by 2025. All vital Global Methanol Fuel Industry verticals are presented in thistudy like Product Type, Applications and Geographical Regions. Dublin, Jan. 15, 2020 (GLOBE NEWSWIRE) -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.The market for methanol is expected to register a CAGR of greater than 5% during the forecast period.One of the major factors driving the market studied is the increasing demand for methanol-based fuel. To understand geography trends, Download Sample Report. The Methanol market report estimates 2018 - 2026 market development trends for Methanol industry. Key Market Trends Rising Demand for Methanol based Fuel. The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. After a detailed analysis, Triton Market Research has concluded that the global methanol market is expected to display an upward trend and is estimated to grow at a CAGR of 5.42% in terms of revenue over the forecast period from 2019 to 2027. Globally, heavy fuels such as gasoline and diesel are the major contributors to environmental pollution, leading to numerous changes in the climate and global warming. Region market overview covers the following: production of methanol in a region/country, consumption trends, price data, trade in the recent year and manufacturers Whereas, in Europe and North America, the blending of fuel is limited up to a few percentages in gasoline. Market Trends. The market for methanol is expected to register a CAGR of around 5% during the forecast period. The global methanol market is segmented on the basis of type, application, and geography. Formaldehyde dominated the market and is expected to grow at a healthy during the forecast period, owing to the increasing applications in the construction, automotive, and personal care industry. One of the major factors driving the market studied is the increasing demand for methanol-based fuel. The worldwide market for Methanol Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Report scope can be customized per your requirements. © 2021 GlobeNewswire, Inc. All Rights Reserved. "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)", https://www.researchandmarkets.com/r/488mt3. The global methanol market size was estimated to be USD 38.9 billion in 2018 and is forecasted to grow at a CAGR of 9.8 % from 2019 to 2026. Formaldehyde dominated the market and is expected to grow at a healthy during the forecast period, owing to the increasing applications in the construction, automotive, and personal care industry. Automotive, manufacturing, and construction sectors are estimated to witness declines in terms of growth and outputs, owing to the lockdown called by the governments for a brief period. One of the major factors driving the market studied is the increasing demand for methanol-based … The report on Methanol Gasoline Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Some of these major players include Methanex Corporation, SABIC, Zagros Petrochemical Co., Yankuang Group, and Proman AG, among others. Forecast Global Methanol Fuel Industry trends will present the market drivers, constraints and growth opportunities. Methanol is considered as a gasoline component for the purpose of internal combustion and other engines, either directly or in combination with gasoline, in the form of ether (MTBE) in gasoline and fatty acid ester (FAME) in diesel. … All Rights Reserved to Mordor Intelligence. © 2020. Under the Methanol Economy program by NITI Aayog, the production capacity is expected to increase up to 20 metric ton of methanol annually, by 2025, using Indian high ash coal, stranded gas, and biomass. The five-year forecast viewhows how the market is expected to grow in coming years. Increasing demand for methanol-based fuel from the marine industry is likely to act as an opportunity in the future. Some of these major players include Methanex, SABIC, Methanol Holdings (Trinidad) Ltd, LyondellBasell Industries Holdings BV, and Petronas.Key Highlights, Asia-Pacific to Dominate the Global Market, Key Topics Covered 1 INTRODUCTION1.1 Study Assumptions1.2 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Drivers4.1.1 Expanding Petrochemical Sector in China and Other Asia-Pacific Countries4.1.2 Rising Demand for Methanol-based Fuel4.1.3 Growing Utilization of Methanol in the Production of Olefins Using MTO4.2 Restraints4.2.1 Usage of Ethanol Fuel or Bio Ethanol in Comparison to Methanol4.3 Industry Value Chain Analysis4.4 Porter's Five Forces Analysis4.5 Global Capacity by Key Feedstock4.6 Technological Snapshot4.7 Trade Analysis5 MARKET SEGMENTATION5.1 Derivatives5.1.1 Formaldehyde5.1.2 Methanol-to-olefins (MTO)/Methanol-to-Propylene (MTP)5.1.3 Methyl Tert-butyl Ether (MTBE)/Tertiary Amyl Methyl Ether (TAME)5.1.4 Dimethyl Terephthalate (DMT)5.1.5 Acetic Acid5.1.6 Dimethyl Ether (DME)5.1.7 Methyl Methacrylate (MMA)5.1.8 Methylamines5.1.9 Others5.2 Geography5.2.1 Asia-Pacific5.2.2 North America5.2.3 Europe5.2.4 South America5.2.5 Middle East & Africa6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share Analysis6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 Atlantic Methanol6.4.2 BASF SE6.4.3 Fairway Methanol LLC6.4.4 Enerkem6.4.5 Eni S.p.A. (Ecofuel S.p.A.)6.4.6 Gujarat Narmada Valley Fertilizers & Chemicals Ltd.6.4.7 Methanex Corporation6.4.8 Methanol Holdings (Trinidad) Ltd.6.4.9 Mitsubishi Gas Chemical Company Inc.6.4.10 Oberon Fuels6.4.11 OCI N.V.6.4.12 Petroliam Nasional Berhad (PETRONAS)6.4.13 Saudi Basic Industries Corporation (SABIC)6.4.14 Zagros Petrochemical Co.6.4.15 Yankuang Group6.4.16 LyondellBasell6.4.17 Helm AG6.4.18 Southern Chemical Corporation7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Use of Methanol in New Expanding Fuel Applications, such as in Marine For more information about this report visit https://www.researchandmarkets.com/r/488mt3. It currently produces more than half of the Asia-Pacific coatings, and is home to more than 10,000 paint companies, among which local producers occupy more than half of the domestic paint market share. The report presents major market trends. The market is segmented by Derivatives (Formaldehyde, Methanol-to-olefins/Methanol-to-propylene, Methyl Tert-butyl Ether/Tertiary Amyl Methyl Ether, Dimethyl Terephthalate, Acetic Acid, Dimethyl Ether, Methyl Methacrylate, Methylamines, and Other Derivatives), End-user Industry (Direct and Indirect), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). China alone produces 65% of the world's methanol and utilizes this fuel for transport. Sign up today for your free Reader Account! This compound is an efficient fuel and emits lesser particulate matter (PM) and NOx as compared to substitute compounds. Transition of Fuel Industry to Cleaner Fuels is a Prominent Trend. The Asia-Pacific region dominated the global market share. The country accounted for more than 20 million metric tons of coatings production, which is close to 30% of the global coatings output. Dec 22, 2020 (AmericaNewsHour) -- The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a CAGR of 9.8% during the forecast … MMSA is a Singapore-based consulting firm that services the global methanol industry. Such factors are boosting the demand for the market studied. Nov 12, 2020 (The Expresswire) -- The global methanol market is set to grow astonishingly backed by the rising shift of the transportation industry towards methanol-powered vehicles. In the recent times, in Guizhou province, approximately 5,000 methanol-fueled taxis have been in operation, which is nearly about 75% of the total methanol vehicles in the country. Increasing consumption of methanol for the production of dimethyl ether and Methyl tert-butyl ether (MTBE), utilized as the alternatives for gasoline, is expected to propel the growth. According to the Coherent Market Insights analysis, the Philippines and Myanmar have passed various policies mandating the use of fuel blended with renewable methanol by the end of 2020. Outlook in France to 2025 - Market Size, Price Trends and Trade Balance, provides up to date in-depth information on Frances Methanol industry. Since methanol is easily available and highly efficient, it is widely used as a transport fuel and anti-freeze agent for auto radiators in the automotive sector. Market Overview The market for methanol is expected to register a CAGR of around 5% during the forecast period. In this process, instead of a tubular reformer, an ATR is used which significantly reduces steam addition to freestreams. This rise in market value can be attributed to … The global methanol market size was estimated at USD 31.81 billion in 2018 and is projected to accelerate at a CAGR of 2.9% from 2019 to 2025. The Methanol Market is expected to rise from its initial estimated value of USD 83.30 billion in 2018 to a projected value of USD 130.68 billion by … Furthermore in India, the government is pushing the usage of methanol as fuel in vehicles and as cooking fuel, to promote sustainable development with less damage to the environment. The post New Business Study on Methanol Market by Emerging Trends, Share, Growth Rate, Opportunities And Market Forecast To 2028 appeared first on Comserveonline. Request a Free sample to learn more about this report.. DUBLIN, Jan. 15, 2020 /PRNewswire/ -- The "Methanol Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.. The country accounted for more than 20 million metric tons of coatings production, which is close to 30% of the global coatings output. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Methanol fuel is used in China as various blends, ranging from M5 to M100. Under the Methanol Economy program by NITI Aayog, the production capacity is expected to increase up to 20 metric ton of methanol annually, by 2025, using Indian high ash coal, stranded gas, and biomass. 4.1.1 Expanding Petrochemical Sector in United States, China, and Other Asia-Pacific Countries, 4.1.2 Rising Demand for Methanol-based Fuel, 4.1.3 Growing Utilization of Methanol in the Production of Olefins Using MTO, 4.2.1 Usage of Ethanol Fuel or Bio Ethanol in Comparison to Methanol, 4.2.3 Impact of COVID-19 Pandemic on Global Economy, 4.4.4 Threat of Substitute Products and Services, 5.1.2 Methanol-to-olefins (MTO)/Methanol-to-Propylene (MTP), 5.1.3 Methyl Tert-butyl Ether (MTBE)/Tertiary Amyl Methyl Ether (TAME), 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements, 6.3 Strategies Adopted by Leading Players, 6.4.8 Gujarat Narmada Valley Fertilizers & Chemicals Ltd. 6.4.10 LyondellBasell Industries Holdings B.V. 6.4.12 Mitsubishi Gas Chemical Company Inc, 6.4.17 Petroliam Nasional Berhad (PETRONAS), 7. $ 131,344.3 million revenue, monthly, quarterly, and spot markets in Europe and the,. 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