Methanol Market
                     Methanol Market
Set to Exceed USD 91.53 Billion By 2026 | CAGR 9.8%
“Methanol Market Share, Size, Trends, & Industry Analysis 
Report, By Feedstock (Natural Gas, Coal), By Derivatives 
(Formaldehyde, Acetic Acid, Gasoline, MTO, Gasoline, MMA), 
By End-Use (Automotive, Construction, Electronics, Paints & 
Coatings, Pharmaceuticals), By Regions: Segment Forecast, 
2019 - 2026”
Methanol Market Estimate & Forecast to 2026
The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a 
CAGR of 9.8% during the forecast period, according to a new study published by Polaris 
Market Research.
Methanol is one of the largely produced chemicals in bulk by making use of feedstock such 
as natural gas and coal. Approximately 200,000 kilo tons of methanol is being consumed 
every day for the production of other chemicals or as transportation fuels. The global 
methanol industry apart from large number of producers constitutes of thousands of 
technology innovators, distributors, service providers, and downstream manufacturers.
Rising formaldehyde manufacturing is primarily driving the global methanol demand. 
Methanol is a key chemical in the production of formaldehyde which is further modified to 
from glues, resins, and plastics. It is also used largely in the production of acetic acid which 
is used in the manufacturing of PET products and polyester fibers. Methanol is among one of 
the largest industrial chemicals that is an essential building block for other chemical 
compounds.
One of the fastest growing end-use of methanol in the current scenario includes methanol to 
olefins (MTO). Ethylene and propylene are olefins with massive demand in the plastic 
growth. MTO growth opportunities have majorly appeared in China and are typically 
produced by the steam cracCkopiynright  ©o Pfo laerist Mhaarkent Ree seaarnchd &  Cnonasupltinhg tLLhPa 20.18. All Rights Reserved 2
Methanol Market Scope
By Feedstock By Derivatives By End-Use By Region
•Natural Gas • Formaldehyde •Automotive •North America (U.S., Canada)
•Coal • Acetic Acid Gasoline •Construction •Europe (Germany, UK, France, Italy, 
• MTO •Electronics Spain)
• Gasoline •Paints & Coatings •Asia Pacific (China, India, Japan, South 
• MMA •Pharmaceuticals Korea)
•Latin America (Brazil, Mexico, Colombia)
•MEA (Saudi Arabia, South Africa, Israel, 
UAE)
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Methanol Market Estimate & Forecast to 2026
Asia Pacific is the dominant regional market for methanol followed by North America and 
Europe respectively. Northeast Asia is is the major region for the production of methanol. 
While the production stagnated in most of the regions since the turn of the century, it 
gained immense significance in Northeast Asia due to high demand from China.
Regions such as Middle East are low cost regions with competitive production, where it is 
basically a swing supplier to North America and Europe. The global ethanol pricing 
originates is China and on basis of same benchmarking the prices are set by the Middle 
East.
Access Research Report On Methanol Market
Global methanol market constitutes of large number of multinational and domestic 
companies and is highly fragmented. Some of the major industry players for methanol 
include Methanex Corporation, Methanol Production Company, Eastman Chemical Company, 
BASF SE, SABIC, and Petronas.
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Methanol Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
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