Global Methanol Demand Reached 75 million metric tons
Aarkstore Market research published the new epoch of Market Research Report Titled Global and China Methanol Industry Analysis and Forecast 2024
The global methanol industry generates $55 billion in economic activity each year, while creating over 90,000 jobs around the world. The methanol industry spans the entire globe, with production in Asia, North and South America, Europe, Africa and the Middle East. Worldwide, over 90 methanol plants have a combined production capacity of about 110 million metric tons (almost 36.6 billion gallons or 138 billion liters).
According to IHS, global methanol demand reached 75 million metric tons in 2015 (24 billion gallons/91 billion liters), driven in large part emerging energy applications for methanol which now account for 40% of methanol consumption. Each day, nearly 200,000 tons of methanol is used as a chemical feedstock or as a transportation fuel (67 million gallons/254 million liters). That’s enough methanol every day to fill nearly 7,500 tanker trucks stretching end-to-end for 63 miles or 100 kilometers. But the methanol industry is not just those companies large and small throughout the globe that produce methanol every day from a wide array of feedstocks – including natural gas, coal, biomass, waste and even waste CO2 – the industry is also made up of thousands of distributors, technology innovators, downstream manufacturers and service providers.
Methanol market was valued at USD XX million globally in 2018 and is forecasted to reach USD XX million by 2024, with a CAGR of xx% during the 2018-2024. Methanol report is in-depth investigation for global market.
The scope of Methanol report:
1. Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
North America
South America
Asia-Pacific
Europe
MEA (Middle East and Africa)
China market information is also presented in the report.
2. For industry chain analysis, raw material and end users information is available.
3. Global key players’ information including SWOT analysis, company’s financial figures, Methanol figures of each company are covered.
4. Powerful market analysis tools used in the report include: Porters five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
5. Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
6. In each chapter, the point is presented in the commentary
7. At last, research method and data source used in this report are shown.
Key Highlights of Report
Status of Methanol Industry
Key Players and Products Analysis
2014-2024 Global Key Regions Methanol Market, Share of Key Players
2014-2024 China Methanol Market
Trends and Dynamics of Methanol
Market Size, Volume and CAGR of Methanol, Demand and Consumption by Type/Application
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