Methanol Market Share, Price, Trends, Size, Report and Outlook 2017-2022
According to Expert Market Research, the global methanol market reached a volume of 76 Million Tons in 2016 and is further expected to reach 99 Million Tons by 2022. Click here for summary of the report: http://www.expertmarketresearch.com/reports/methanol-market
According to Expert Market Research, the global methanol market reached a volume of 76 Million Tons in 2016 and is further expected to reach 99 Million Tons by 2022. Click here for summary of the report: http://www.expertmarketresearch.com/reports/methanol-market
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Global <strong>Methanol</strong> <strong>Market</strong> to Reach 99<br />
Million Tons by <strong>2022</strong><br />
Copyright © <strong>2017</strong> Expert <strong>Market</strong> Research. All Rights
REPORT DESCRIPTION<br />
Global <strong>Methanol</strong> <strong>Market</strong> to Reach 99 Million Tons by <strong>2022</strong><br />
<strong>Methanol</strong>, also known as wood alcohol, is a volatile, combustible, colourless <strong>and</strong> noxious liquid with<br />
the chemical formula CH3OH. It is a polar liquid at room temperature <strong>and</strong> exhibits excellent blending<br />
properties. <strong>Methanol</strong> also has a high octane <strong>and</strong> oxygen content due to which it produces a cleaner<br />
burning gasoline which helps to lower the emissions caused by vehicle exhaust.<br />
<strong>Methanol</strong> finds broad range of applications in various industries. It is extensively used as a denaturing<br />
<strong>and</strong> anti-freezing agent. It is also used as an industrial solvent for resins <strong>and</strong> inks, adhesives to wood<br />
items, <strong>and</strong> dyes. <strong>Methanol</strong> holds a key position in the chemical industry where it is extensively used in<br />
the production of formaldehyde, acetic acid, di-methyl terephthalate (DMT) <strong>and</strong> some other solvents.<br />
Additionally, in the energy industry, it can be used either solely as a vehicle fuel or can be blended<br />
with gasoline to produce a fuel which is more efficient as compared to the conventional gasoline.<br />
According to Expert <strong>Market</strong> Research, the global methanol market reached a volume of 76 Million<br />
Tons in 2016 <strong>and</strong> is further expected to reach 99 Million Tons by <strong>2022</strong>.
REPORT DESCRIPTION<br />
Global <strong>Methanol</strong> <strong>Market</strong>: Volume Dem<strong>and</strong> Forecast 2016-<strong>2022</strong> (in Million Tons)<br />
Source: Expert <strong>Market</strong> Research
REPORT DESCRIPTION<br />
Key findings from the report:<br />
• <strong>Methanol</strong> serves a number of application domains which include formaldehyde, dimethyl ether,<br />
gasoline, chloromethane, MTBE/TAME, acetic acid, DMT/others, MTO/MTP, solvents,<br />
methylamines <strong>and</strong> methyl methacrylate. In 2016, formaldehyde production represented the most<br />
popular application segment, accounting for nearly 30% of the total share.<br />
• Region-wise, China dominated the market with a share of around half of the total global dem<strong>and</strong>.<br />
China was followed by Asia (excluding China), Europe, North America <strong>and</strong> Latin America.<br />
• On a competitive front, the global methanol market is fragmented <strong>and</strong> consists of a number of<br />
small <strong>and</strong> big players operating in the market. In 2016, Methanax represented the world’s largest<br />
methanol producer followed by SCC, SABIC, MGC, Mitsubishi, PETRONAS, IPCC <strong>and</strong> Mitsul.<br />
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REPORT DESCRIPTION<br />
Expert <strong>Market</strong> Research has analysed the global methanol market according to applications, major<br />
regions <strong>and</strong> top players:<br />
<strong>Market</strong> breakup by Applications<br />
• Formaldehyde<br />
• Dimethyl Ether<br />
• Gasoline<br />
• Chloromethane<br />
• MTBE/TAME<br />
• Acetic Acid<br />
• DMT/Others<br />
• MTO/MTP<br />
• Solvents<br />
• Methylamines<br />
• Methyl Methacrylate<br />
<strong>Market</strong> breakup by Major Regions<br />
• China<br />
• Asia (excluding China)<br />
• Europe<br />
• North America<br />
• Latin America
REPORT DESCRIPTION<br />
Top players<br />
• Methanax<br />
• SCC<br />
• SABIC<br />
• MGC<br />
• Mitsubishi<br />
• PETRONAS<br />
• IPCC<br />
• Mitsul<br />
Click here for summary of the report with TOC:<br />
http://www.expertmarketresearch.com/reports/methanol-market<br />
Find more reports on Chemical <strong>and</strong> Materials market research:<br />
http://www.expertmarketresearch.com/categories/chemicals-market-reports
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