Methanol Market Report, Size, Share, Segments & Forecast 2033

The Methanol Market was valued at approximately USD 73.8 billion in 2024 and is expected to grow at a substantial CAGR of around 10.3% during the forecast period (2025-2033),

A comprehensive overview of the global methanol market is recently added by UnivDatos to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the methanol market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the global methanol market at regional and country levels. The global methanol market is likely to showcase a growth of around 4% during the forecast period.

Market Overview 

With the growth in automotive, construction, electronics, fuel, paint, pharmaceutical,

and marine sector, the demand for chemical products like formaldehyde, acetic acid, and MTBE

among others is increasing, thus increasing the consumption of methanol.

Moreover, methanol is an essential component to produce olefins

(Methanol-to-Olefins or MTO), such as ethylene and propylene. These olefins are

widely used for manufacturing synthetic rubber, synthetic plastic,

pharmaceuticals, and textile dyes. Some derivatives of ethylene are also used to produce ethylene glycol,

vinyl chloride monomer, and vinyl acetate monomer which have various applications in paints and

coatings, adhesives, and other end-use industries. This will fuel the demand for methanol. 

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The global methanol market report is studied thoroughly with several aspects that

would help stakeholders in making their decisions more curated. 

By derivatives, the market is

primarily divided into:    

Formaldehyde 

Acetic Acid  

Methyl Tert-Butyl

Ether (MTBE)    

Methyl Methacrylate

(MMA)   

Dimethyl

Terephthalate (DMT) 

Methanethiol 

Methylamines 

Methyl Chloride 

Gasoline Blending

& Combustion 

Biodiesel  

Dimethyl Ether (DME) 

Fuel Cells 

Methanol-to-Olefins 

Others 

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Among these, formaldehyde has a considerable share in the

methanol market. Formaldehyde is an important raw material in the production

of a wide range of products like particleboard, plywood, and fiberboard; glues

and adhesives; permanent-press fabrics; paper product coatings; and certain

insulation materials. Further, it is used in the production of food, paints

& coatings, and disinfectants. Therefore, with rising construction

activities in the region demand for the aforementioned products would also increase, thus increasing the consumption of

formaldehyde. 

By industry, the market is

primarily divided into:    Chemical & Polymer Transport   Others 

Among these, chemical & polymer has a considerable share in the methanol market due to the production of a large number of chemical-related methanol derivatives.  Derivatives like formaldehyde, MTBE, and acetic acid are

among the largest consumer of methanol which

is produced in the chemical industry. Further, increasing construction

activities due to rising urbanization and growing population along with

improving consumer disposable power which resulted in home decoration

activities are further propelling the demand for building materials. Thus,

increasing the consumption of methanol derivatives like formaldehyde, as a

result, improving the market share of chemicals & polymers. 

Global Methanol Market Geographical Segmentation

Includes:   North America (United States, Canada, Rest of North

America)        

Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)   

Asia-Pacific (China, Japan, India, Australia, Rest of APAC)    

Rest of the World 

Asia-Pacific accounted for a significant share of the market and is expected to showcase substantial growth

during the forecast period. The region has witnessed an exponential increase in the production and consumption of methanol due to an increase in the production of DME and methanol gasoline

blending. Further, the region is among the largest producer of

formaldehyde and acetic acid and the production

is likely to increase in the near future due to growing end-use industries like construction,

automotive, chemical, and textile among others owing to the vast population and growing consumer

disposable income. Further, the region has an abundance of coal and natural gas, which can be converted into methanol through gasification and reforming respectively. 

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Methanex Corporation                  

BASF SE             

Mitsubishi Gas Chemical Company           

Mitsui & Co. Ltd.           

Metafrax Chemicals          

Petronas           

Yanzhou Coal Mining Company Ltd.      

Shanghai Huayi (Group) Company            

Ningxia Baofeng Energy Group Co. Ltd.             

Celanese Corporation 

Competitive Landscape 

The degree of competition among prominent companies has been elaborated by analyzing several

leading key players operating globally. The specialist

team of research analysts sheds light on various traits such as global market competition,

market share, most recent industry advancements, innovative product launches,

partnerships, mergers, or acquisitions by leading companies in the global methanol market. The major players have been analyzed by using research methodologies

for getting insight views on market competition. 

Key questions resolved through this analytical market

research report include: 

What are the latest trends, new patterns, and technological advancements

in the global methanol market?   

What are the global challenges, threats, and risks in the global methanol market? 

Which factors are propelling and restraining the global methanol market? 

What are the demanding global regions of the global methanol market? 

What will be the market size in the upcoming years?  

What are the crucial market acquisition strategies and policies applied by the companies? 

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