The global methanol market to grow at a CAGR of 11.09% during the period 2017-2021.
The report, Global Methanol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is focus of automotive manufacturers on reduction of carbon footprints by using biodiesels. The growth in the automotive sector is driven by the growth in the production of passenger vehicles, especially hybrid commercial vehicles. Increasing environmental regulations and pollution control measures are increasing the prominence of hybrid electric vehicles (HEVs), which are driven by a combination of electric motor and internal combustion engines (ICEs).
These vehicles are energy-efficient, eco-friendly, and offer performance benefits such as increased acceleration and lower maintenance costs. In addition to the aforementioned benefits, these vehicles are being promoted by government agencies globally as they reduce the consumption of conventional fuels and do not cause noise and air pollution. Along with making the vehicles energy-efficient, manufacturers are focusing on using biodiesels such as methane as they weigh less than their synthetic counterparts and are green.
- Mitsubishi Gas Chemical
- Petroliam Nasional Berhad (PETRONAS)
Other prominent vendors
- Methanol Holdings (Trinidad)
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Market overview
PART 05: Introduction
PART 06: Market landscape
PART 07: Market segmentation by end-use industries
PART 08: Market segmentation by derivatives
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
For more information about this report visit https://www.researchandmarkets.com/research/qlld5l/global_methanol