DUBLIN--(BUSINESS WIRE)--The "Global Methanol Market - Segmented by Derivatives, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global methanol market is expected grow at a significant rate during the forecast period, driven mainly by the increasing use of methanol (in the form of fuel and antifreeze agent) in the automotive industry. The methanol industry has experienced an explosive growth, primarily in China and the United States, owing to significant developments in shale gas.
Acetic acid is the main feedstock to manufacture vinyl acetate monomer, which was at the forefront in terms of volumetric consumption in 2017. It is mainly driven by the growing demand for polyvinyl acetates and vinyl alcohols, which, in turn, are accelerating the demand for acetic acid. Acetic acid is a key building block to manufacturing various chemicals, such as vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters, and acetic anhydride, which are further used by a wide range of end-user industries, such as synthetic fibers, textiles, inks, and pesticides.
It is used in many applications, such as vinyl acetate monomer, purified terephthalic acid, acetate esters, acetic anhydride, and others. Vinyl acetate monomer (VAM) was the largest application segment for the market accounting for over 34% of the global acetic acid consumption in 2017. The acetate esters segment is expected to be the strongest growth segment of the market, primarily driven by the growing demand from the coatings industry.
- Methanex Corp
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
- Atlantic Methanol Production Co.
- BASF SE
- BP Global
- Celanese Corp.
- Coogee Chemicals
- Eni S.p.A. (ECOFUEL)
- Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC)
- Haldor Topsoe
- Methanex Corp.
- Methanol Holdings (Trinidad) Ltd.
- Mitsubishi Gas Chemical Co. Inc.
- Mitsui & Co. Ltd.
- Oberon Fuels
- OCI N.V.
- Petroliam Nasional Berhad (PETRONAS)
- Valero Marketing and Supply Co.
- Zagros Petrochemical Co.
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