Methanol Market in Asia is anticipated to reach $31.6 Billion by 2020

Page 1

The Asia Methanol Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

The Asia Methanol Market 2019-2024

sales@industryarc.com

01


Industry Market Research for Business Leaders, Strategists, Decision Makers

Press Release According to the new market research report by IndustryARC, “Asia Methanol Market: By Application (Formaldehyde, Acetic Acid, MTBE, DME, MTO, Glasoline Blending & Combustion and Others) & By Country (China, Japan, South Korea, Taiwan, India, Malaysia & Others) - (2018-2023)”, the market is driven by the growing methanol demand from formaldehyde derivatives. Browse 33 Market Tables, 31 Figures spread through 105 slides and an in-depth TOC on “Global Asia Methanol Market (2018 - 2023)” https://industryarc.com/Report/15012/asia-methanol-market.html

China continues to lead the market share and growth during 2018-2023 China has the highest production capacity in Asia and it is estimated that only China has a significant growth in its production capacities when compared to other countries in Asia. New investments, domestic demand for methanol, cheap coal prices for methanol production and others are the driving factors for the increase in annual production capacities. Also, China was the major country in the consumption of methanol in 2017 and is estimated to be the major country for the same during the forecast period 2018-2023. The recent and upcoming methanol projects in China would help in decreasing imports in future to China. India, which is one of the fastest growing market in the consumption of methanol for applications such as formaldehyde and acetic acid, would grow at a CAGR of 8.6% during the forecast period. Methanol which is the basic chemical for many applications in daily use, can be produced from many feed stocks. In Asia, China’s major feedstock for methanol production is coal, whereas rest of Asia uses natural gas. The methanol produced is used for chemical derivatives such as formaldehyde, acetic acid, MTBE, MTO and others. Among these, a high demand exists for formaldehyde, acetic acid and MTO and gasoline. These are used to produce products such as acetate esters, gasoline additives, olefins, resins and many more. The products derived from methanol are used in several industries such as automotive, paints & coatings, packaging, solvents, electronics and others. Excerpts on Market Growth Factors Mentioned in the Full Report The increased storage capacities for methanol in South Korea and methanol derivative applications are driving the demand and growth of the market. Demand for gasoline blending is one of the major driving factors for the methanol market in China. The demand from construction industry for formaldehyde, olefins for MTO, gasoline blending from automotive industry, drives the demand within the domestic market. The demand from end applications such as MMA and POM, which are used in manufacturing computers is driving the demand for methanol market. Key Players of the Asia Methanols Market Chang Chun and Lee Chang Yung Chemical Industry Corporation (LCYCIC) are the major producers of formaldehyde in Taiwan. Petronas is the leading and major methanol producing company in Malaysia. It is the only major company in Malaysia that produces MTBE and exports mainly to China and other countries. Browse Related Reports:

The Asia Methanol Market

02


Purified Terephthalic Acid Market: By Manufacturing Process (Amoco Process, Cooxidation, Multistage Oxidation, Henkel Process), By Application (Polyester Production, Cyclohexanedimethanol Production, Others) & By Region-Forecast (2016-2021) https://industryarc.com/Report/16211/purified-terephthalic-acid-market.html

Dimethyl Terephthalate Market: By Product Type (Upstream Products - Methanol, Terephthalic Acid, Xylene Mixed Xylenes & Downstream Products Polybutylene Phthalate, Polybutylene Terephthalate) & By Region-Forecast (2016-2021) https://industryarc.com/Report/16026/dimethyl-terephthalate-market.html

About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

The Asia Methanol Market

03


Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Asia Methanol Market Overview 2. Executive Summary 3. Asia Methanol Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis. 3.2.1. Product Benchmarking 3.2.2. End User profiling 3.2.3. Patent Analysis 3.2.3. Top 5 Financials Analysis 4. Asia Methanol Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Asia Methanol Industry 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Asia Methanol Market – Strategic Analysis 5.1. Asia Methanol Market - Value Chain Analysis 5.2. Pricing Analysis 5.3. Product/Market Life Cycle Analysis 5.4. Suppliers and Distributors 5.5. Opportunities Analysis. 6. Asia Methanol Market - By Applications 6.1. Formaldehyde 6.2. Acetic Acid 6.3. DME 6.4. Fuel Blending 6.5. MTO 6.6. MTBE 6.7. TAME 6.8. Biodiesel 6.9. Marine Fuel 7. Asia Methanol Market - By Manufacturing processes 7.1. Synthesis gas formation 7.1.1. Reforming of natural gas and naphtha 7.1.2. Partial oxidation of heavy feedstocks 7.1.3. Synthesis gas from coal 7.1.4. Synthesis gas from petroleum coke 7.2. Synthesis gas–to–methanol processes 7.2.1. Low-pressure processes 7.2.2. High-pressure processes 7.2.3. Liquid-phase technologies 7.2.4. Direct oxidation of methane to methanol 8. Asia Methanol Market - By End Use 8.1. Defense&Security 8.2. Mobility&Industrial Application

The Asia Methanol Market

04


8.3. Leisure 8.4. Materials Handling Equipment 8.5. Telecommunications 8.6. Other 9. Asia Methanol Market - By Geography 9.1. China 9.2. Japan 9.3. South Korea 9.4. India 9.5. Rest of APAC 10. Market Entropy 10.1. New Product Launches 10.2. M&As, Collaborations, JVs, Partnership 11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 11.1. BASF SE 11.2. BP Plc 11.3. China National Coal Group 11.4. China Risun Coal Chemical Limited 11.5. Deepak Fertilizers and Petrochemicals Corporation 11.6. Eastman Chemical Company 11.7. Mitsubishi Gas Chemical Co. Inc 11.8. Royal Dutch Shell Plc 11.9. Company 9 11.10. Company 10 11.11. Company 11 *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies". 12. Appendix 12.1. Abbreviations 12.2. Sources 12.3. Research Methodology 12.4. Bibliography 12.5. Compilation of Expert Insights 12.6. Disclaimer

The Asia Methanol Market

05


Industry Market Research for Business Leaders, Strategists, Decision Makers

IndustryARC Solutions We cater to the pain points of our clients by providing the following solutions, which are targeted and address key issues specifically. Each of the business verticals is helpful to a client at various stages of their operational, managerial and strategic level plans. Syndicate Reports and Consulting (SRC) 1. Provide high quality analytical syndicated reports with key market insights, strategies and market forecasts for a specific industry or vertical of the clients. Constant tracking of industries and relations with experts helps us to predict and publish reports before our competitors as well as meet client needs proactively. Market Research and Data Analytics (MRDA) 2. Provide pure play data analytics services for ad-hoc and long-term engagement projects of clients with market research layered into the analysis. We are the only global company to offer this combination one-stop service to clients. Redundancies generally seen by procuring data, analytics services from multiple vendors is overcome by our solution. Competitive Landscape Analysis (CLA) 3. Provide company financial analysis, market share analysis, competitive landscape insights and market movements to clients. This is one of the most important pain point and key request from majority of our clients, for which we use our proprietary methodologies to provide accurate CLA data. Accelerated Business Development (ABD) 4. Connect clients with their customers on a global scale by acting as an outsourced sales team on behalf of the client. This is a unique tri-party engagement model to benefit the client and their customer, and acts as a business development scale up at an international level. Market Intel Reports (MIR) 5. Provide one-stop venue with a searchable syndicate reports database from global companies available to clients. This augments our offerings exponentially and also assists in studying global client needs at an in-depth level.

The Asia Methanol Market

06


Industry Market Research for Business Leaders, Strategists, Decision Makers

About IndustryARC IndustryARC strategy studies primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

We Work for You For IndustryARC, we value every customer equally. We only stay ready to help each client in the best way possible with a unique 24x365 support plan. We suggest looking at the following benefits of relying on Professional Business Consulting and Custom Market Research Services to realize the unique strategic gains on offer: 1. 2. 3. 4. 5. 6. 7.

Strengthen and improve organizational performance Strategic planning and analysing Adoption of newer and cost-effective technologies Become environmentally sustainable and profitable Improve their training and certification procedures. Planning for business automation. Project facilitation and management.

Our Expertise Agriculture | Automotive | Energy and Power | Food & Beverage | Chemicals & Materials | Semiconductor & Electronics | Information Technology | Automation & Instrumentation Consumer Products & Services | Life Sciences and Healthcare

The Asia Methanol Market

07


The Asia Methanol Market

08


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.