The report "Methanol Market by Feedstock (Natural Gas and Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, and MMA), Sub-derivative (UF/PF Resins and Olefins), End-Use Industry (Construction, Automotive, and Electronics) and by Region - Global Trends & Forecasts to 2021", Published by MarketsandMarkets, The global market is projected to reach USD 54.16 Billion by 2021, registering a CAGR of 12.4% between 2016 and 2021.

1. www.MarketsandMarkets.com
Methanol Market
by Type ,Application - & by Region Global
Trends & Forecast to 2021

2. Methanol Market by Feedstock (Natural Gas and Coal),
Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, and
MMA), Sub-derivative (UF/PF Resins and Olefins), End-Use
Industry (Construction, Automotive, and Electronics) and by
Region - Global Trends & Forecasts to 2021
The global methanol market was of worth USD 29.62 Billion in
2015, and is expected to register a CAGR of 12.4% between 2016
and 2021.

3. Coal: The largest feedstock of methanol
The global production of methanol is 40 million tons per
year, most of which is produced from natural gas and oil.
However, high prices and limited reserves of natural gases in
certain geographical areas such as China and Africa have
stimulated interest in unconventional feedstock for the
production of methanol. Thus, coal comes across as a
sustainable alternative raw material for large scale
methanol production owing to its abundance, low cost and
efficient coal gasification technology.

4. MTO/MTP: The fastest-growing derivative of methanol
MTO/MTP is the fastest-growing derivative segment in the methanol market. Methanol-
to-olefins and methanol-to-propylene (MTO/MTP) applications are gaining momentum
and are expected to become the largest derivative of methanol, in terms of both, value
and volume, by 2021. Ethylene and propylene are the major feedstocks of polyethylene
and polypropylene plastics, respectively, which are in huge demand. The demand of these
olefins is the major driver for the massive growth of the methanol market in MTO/MTP
derivative.

5. Asia-Pacific: The largest and fastest-growing market for methanol
Asia-Pacific is the most favorable market for chemicals, power, and fuels and is anticipated
to be the same in the coming years. The continuous rise in the production of methanol, as
an alternative fuel for automotive in the region is the main driving force of the methanol
market. The growing demand and policies including emission control, environment
friendly products, and so on, have led to innovation and developments in the industry,
making it a strong methanol production hub, globally. The excessive growth in the
production of olefins, and rise in MTO/MTP plants in China since last few years are
working as a driver in the methanol production in the Asia-Pacific region.

6. These stakeholders include:
Methanol manufacturers
Methanol traders
Distributors and suppliers
End-use market participants of different segments of methanol
Government and research organizations
Associations and industrial bodies
Research and consulting firms
R&D institutions
Environment support agencies
Investment banks and private equity firms

8. Key players
The feedstock suppliers in the methanol market are oil & gas producing companies and
coal mining companies. British Petroleum (U.K.), Shell (Netherlands), CNOOC (China),
PEMEX (Mexico), China Shenhua Energy (China), Amuminium Corporation of China
Limited (China), China Coal Energy (China), and others provide feedstock, namely,
natural gas, and coal to the methanol manufacturers. Methanol manufacturing
companies such as Methanex Corporation (Canada), SABIC (Saudi Arabia), and Mitsui &
Co., Ltd. (Japan)

9. Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

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