The global methanol market is poised to grow by $ 15.62 billion during 2020-2024, progressing at a CAGR of 10% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the rising demand for methanol from China and increasing demand for petrochemicals in APAC. The study identifies the increasing adoption of the MTO technology as one of the prime reasons driving the methanol market growth during the next few years.
The global methanol market is segmented as below:
- Paints & Coatings
- North America
- South America
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading methanol market vendors that include:
- BASF SE
- BP plc
- Celanese Corp.
- ENERKEM Inc.
- Eni S.p.A.
- LyondellBasell Industries N.V.
- Methanex Corp.
- OCI N.V.
- Petroliam Nasional Berhad
- Proman AG
Also, the methanol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/5r05zg