Methanol Market By End Use (Formaldehyde, MTO/MTP, Fuel Blending, Dimethyl Ether, Acetic Acid, Methyl Tert-Butyl Ether (MTBE), Solvents, Methylamines, MMA, Chloro-Methanes, And Others), By Type Of Product( Plastics & Polymers, Chlor-Alkali And Inorganics, Olefins, Aromatics, Olefin Derivatives, Syngas Chemicals), Market Players And Market Information– Global Forecast To 2022
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Methanol Market Overview: • The methanol market report by product type is segmented into plastics & polymers, chlor-alkali and inorganics, olefins, aromatics, olefin derivatives, syngas chemicals. The report will answer questions such as where the largest and fastest growing market is, how the market relates to the overall economy, demography and other similar markets, and what forces will shape the market going forward. • The Methanol market is expected to grow at a CAGR of around 12% to nearly $19 billion by 2022. • Methanol is produced from synthesis gas, which is a mixture of carbon monoxide, carbon dioxide and hydrogen gas. Methanol is further processed to produce other industrially important chemicals such as formaldehyde and acetyls. The largest application of methanol is processing it into formaldehyde, which is further treated to form resins, glues and various plastics. Methanol is also being considered as an alternative transportation fuel, as it is a clean-burning fuel that produces fewer smog-causing emissions.
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Major Key Players: Methanex Corporation, LyondellBasell Industries Holdings NV, PetroChina Company Limited, SABIC, OCI N.V.
Segments: By Type By Geography
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