Methanol Market

Methanol Market by Feedstock (Natural Gas, Coal, Coke Oven Gas), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME), Sub-Derivative, End-use Industry (Automotive, Construction, Electronics) and Region - Global Forecasts to 2028

Report Code: CH 1642 Jun, 2023, by marketsandmarkets.com

Updated on : October 10, 2024

Methanol Market

The global methanol market was valued at USD 30.9 billion in 2023 and is projected to reach USD 38.0 billion by 2028, growing at 4.2% cagr from 2023 to 2028. Rising demand from various countries for automotive application has driven the methanol market. Government laws and regulations on fuel standards and emissions, as well as the availability of methanol refuelling infrastructure, all have an impact on the demand for methanol in automotive applications.

Attractive Opportunities in the Methanol Market

Methanol Market

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Methanol Market

Methanol Market Dynamics

Driver: Growing demand from automotive and construction industries

The demand for methanol is increasing in automotive and construction industries. Methanol shows similar efficiency when used in engines of vehicle and aircraft compared to other fuels. China was pioneer to used methanol and methanol blends in automotive industry. Methanol is used to make MTBE, a petrol derivative and biodiesel. Formaldehyde which is manufactured from methanol is widely used in manufacturing of various building materials.

Restraint: Use of fuel-grade ethanol.

There are various advantages of ethanol as a fuel such as low toxicity, higher octane number, less or no contamination, among others. Globally, the average ethanol content in petrol is roughly 5.4%. Ethanol is a common additive to fuels in many countries as it has a higher energy density than methanol and is still a liquid, which makes it an attractive alternative.

Opportunities: Use of methanol as an alternative fuel in marine and manufacturing industries

In marine applications bunkering would be relatively simple to execute because methanol is non-cryogenic and liquid at room temperature, it doesn't need to be refrigerated or stored in tanks or pipes made of expensive, specialised materials. The growing interest in clean-burning fuels and regulatory changes are playing an increasing role in encouraging new applications for methanol as a marine fuel due to its lower emissions.

Challenges: Capital-intensive environment

There are some political and environmental challenges that are hindering market growth, such as the exploitation of natural gas reserves in different regions and environmental issues associated with methanol. when carbon-based source is used, the production process becomes capital-intensive. The capital is also high for post-production phase, such as the maintenance and installation of technology, among others. The uncounted costs, such as repair, results in an escalation in the costs.

Methanol Market Ecosystem

Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy Group Company Limited   (China), Zagros Petrochemical Company (ZPC) (Iran), Celanese Corporation (Texas), BASF SE (Germany), are the prominent companies in the Methanol Industry. These companies are well-established, financially stable, and have a global presence in the market. Prominent companies have strong sales and marketing networks and diversified product portfolios.

Methanol Market Ecosystem

Based on feedstock, natural gas accounted for the largest market share of the overall market

The increasing demand for natural gas as a feedstock from end-use industries such as automotive, construction, electronics, solvents, pharmaceuticals, appliances, packaging, and insulation is propelling the growth of this market. As it provides the carbon and hydrogen necessary for the synthesis of methanol, natural gas is an essential feedstock for the manufacturing of methanol. It is an attractive option for large-scale methanol production since it is an abundant and affordable supply of hydrocarbons.

Based on derivative, the formaldehyde segment accounted for the largest market share of the overall market share

The growing construction sector in developing economies of Asia Pacific, South America, Africa, and some parts of Europe is expected to increase the demand for formaldehyde from methanol. The formaldehyde is important segment of the methanol value chain. Through the process of oxidation, formaldehyde can be produced from methanol. Formaldehyde is a crucial intermediate chemical that has numerous uses in the plastics, resins, textile, and pharmaceutical industries.

Based on the sub-derivative, the UF/PF resins segment accounted for the largest market share of the overall market

Excellent adhesive qualities, high strength, and resistance to water, heat, and chemicals are all characteristics of UF/PF resin. It is widely utilised in many different applications, such as coatings, adhesives, laminates, moulded products, and wood-based panels (such as particleboard, plywood, and MDF). The synthesis of UF/PF resin uses formaldehyde that is generated from methanol, highlighting the potential of methanol as a feedstock in the production of chemical goods with added value.

Based on end-use industries automotive segment accounted for the largest market share of the overall market

The growth in the automotive industry is due to the increasing demand for vehicle development and mounting demand for consumer goods such as automobiles. Methanol is added to petrol as an additive to boost performance and cut pollutants. Its oxygenating qualities improve combustion, lower carbon monoxide and hydrocarbon emissions, and lessen engine knock. Additionally, used for petrol antifreeze contain methanol.

Asia Pacific accounted for the largest share of the Methanol market

China, Japan, India, South Korea and Australia have led to an increased demand for Methanol in the Asia Pacific region. Factors such as the rapidly increasing consumption of methanol in the construction, automotive and electronics industries has boosted the market growth. One of the important methanol user in the Asia Pacific region is India. The manufacturing of formaldehyde, acetic acid, and biodiesel in India is what predominantly drives the country's methanol usage. Methanol is widely used in India's chemical sector, particularly in the manufacture of resins and solvents.

Methanol Market by Region

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Methanol Market Players

Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy Group Company Limited  (China), Zagros Petrochemical Company (ZPC) (Iran), Celanese Corporation (Texas), BASF SE (Germany), and PETRONAS (Malaysia), Mitsubishi Gas Chemical Company Inc. (Japan), Mitsui & Co., Ltd. (Japan), LyondellBasell Industries B.V. (U.S), OCI N.V. (Netherlands), Metafrax Chemicals (Russia), SIPCHEM (Saudi Arabia) are among the key players leading the market.

Read More: Methanol Companies

Methanol Market Report Scope

Report Metric

Details

Market Size Available for Years

2016–2028

Base Year Considered

2022

Forecast Period

2023–2028

Forecast Units

Value (USD Million/Billion), Volume (Thousand Metric Ton)

Segments Covered

Feedstock, Derivative, Sub-Derivative, and End-use Industry

Geographies Covered

North America, Asia Pacific, Europe, Middle East & Africa, and South America

Companies Covered

Methanex Corporation (Canada), HELM Proman Methanol AG, SABIC (Saudi Arabia), Yankuang Energy Group Company Limited (China), Zagros Petrochemical Company (ZPC) (Iran), Celanese Corporation (Texas), BASF SE (Germany), and PETRONAS (Malaysia), Mitsubishi Gas Chemical Company Inc. (Japan), Mitsui & Co., Ltd. (Japan),), LyondellBasell Industries B.V. (U.S), OCI N.V. (Netherlands), Metafrax Chemicals (Russia), SIPCHEM (Saudi Arabia) and others.

This research report categorizes the methanol market based on derivative, application, end-user, and region.

Based on derivative, the methanol market has been segmented as follows:
  • Coal
  • Natural Gas
  • Others
Based on Derivatives, the methanol market has been segmented into:
  • Gasoline
  • MTO/MTP
  • Formaldehyde
  • Methyl Tertiary Butyl Ether (MTBE)
  • Acetic Acid
  • Dimethyl Ether (DME)
  • Methyl Methacrylate (MMA)
  • Biodiesel
  • Others
Based on Sub-derivatives, the methanol market has been segmented into:
  • Gasoline additives
  • Olefins
  • UF/PF resins
  • VAM
  • Polyacetals
  • MDI
  • PTA
  • Acetate Esters
  • Acetic anhydride
  • Fuels
  • Others
Based on End-use Industry, the methanol market has been segmented into:
  • Construction
  • Automotive
  • Electronics
  • Appliances
  • Paints & Coatings
  • Insulation
  • Pharmaceuticals
  • Packaging (PET bottles)
  • Solvents
  • Others
Based on Region, the methanol market has been segmented into:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Rest of Asia Pacific (Australia, Malaysia, Taiwan, Vietnam, and Singapore)
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Turkey
    • Rest of Europe (Ukraine, Romania, and Poland)
  • North America
    • US
    • Canada
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA (Iran, Qatar, Oman, and Bahrain)
  • South America
    • Brazil
    • Argentina
    • Rest of South America (Chile, Trinidad, Tobago, and )

Recent Developments

  • In April 2023, Methanex Corporation signed an agreement with Suez Methanol Derivatives (SMD) for a new methanol pipeline construction. With this agreement, Methanex Corporation will supply methanol from its Egypt plant to a nearby SMD company’s project in Damietta.
  • In March 2023, Zagros Petrochemical Company (ZPC) and Dalian Petrochemical Company signed an agreement to construct a methanol-to-synthetic ethanol conversion plant.
  • In March 2021, Celanese Corporation announced that it will expand its capacity and its Clear Lake, Texas integrated chemical manufacturing facility will begin utilizing recycled carbon dioxide (CO2) as an alternative feedstock in the production of methanol.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 64)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS & EXCLUSIONS 
          TABLE 1 METHANOL MARKET, BY FEEDSTOCK: INCLUSIONS & EXCLUSIONS
          TABLE 2 METHANOL MARKET, BY DERIVATIVE: INCLUSIONS & EXCLUSIONS
          TABLE 3 METHANOL MARKET, BY SUB-DERIVATIVE: INCLUSIONS & EXCLUSIONS
          TABLE 4 METHANOL MARKET, BY END-USE INDUSTRY: INCLUSIONS & EXCLUSIONS
          TABLE 5 METHANOL MARKET, BY REGION: INCLUSIONS & EXCLUSIONS
    1.4 MARKET SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 METHANOL MARKET SEGMENTATION
                    FIGURE 2 METHANOL MARKET: REGIONS COVERED
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY 
    1.6 UNITS CONSIDERED 
    1.7 LIMITATIONS 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 72)
    2.1 RESEARCH DATA 
          FIGURE 3 METHANOL MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Companies participating in primary research
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 GROWTH FORECAST
    2.3 BASE NUMBER CALCULATION 
           2.3.1 SUPPLY-SIDE APPROACH
           2.3.2 DEMAND-SIDE APPROACH
    2.4 RECESSION IMPACT 
    2.5 DATA TRIANGULATION 
          FIGURE 4 METHANOL MARKET: DATA TRIANGULATION
    2.6 ASSUMPTIONS 
    2.7 RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 82)
    TABLE 6 METHANOL MARKET SNAPSHOT, 2023 & 2028
    FIGURE 5 NATURAL GAS SEGMENT TO LEAD METHANOL MARKET DURING FORECAST PERIOD
    FIGURE 6 UF/PF RESINS TO DOMINATE METHANOL MARKET
    FIGURE 7 AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SIZE
    FIGURE 8 ASIA PACIFIC TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 87)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN METHANOL MARKET 
          FIGURE 9 GROWING DEMAND FOR FUEL AND DOWNSTREAM PETROCHEMICAL PRODUCTS TO DRIVE METHANOL MARKET
    4.2 METHANOL MARKET, BY DERIVATIVE 
          FIGURE 10 MTO/MTP SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD
    4.3 ASIA PACIFIC METHANOL MARKET, BY FEEDSTOCK AND COUNTRY 
          FIGURE 11 COAL SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES IN ASIA PACIFIC METHANOL MARKET IN 2022
    4.4 METHANOL MARKET: MAJOR COUNTRIES 
          FIGURE 12 CHINA AND CANADA TO OFFER LUCRATIVE OPPORTUNITIES DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 89)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN METHANOL MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for chemicals in Asia Pacific
                                FIGURE 14 TRENDS IN CHEMICAL PRODUCTION (2023–2025)
                                FIGURE 15 GLOBAL METHANOL DEMAND, BY APPLICATION, 2022
                    5.2.1.2 Growing demand from automotive and construction industries
                                TABLE 7 METHANOL AS A FUEL IN LIGHT AUTOMOTIVE APPLICATIONS
                                FIGURE 16 GROWTH IN INFRASTRUCTURE CONSTRUCTION (2020-2030)
           5.2.2 RESTRAINTS
                    5.2.2.1 Preference for fuel-grade ethanol
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Use of methanol as alternative fuel in marine and manufacturing industries
           5.2.4 CHALLENGES
                    5.2.4.1 Capital-intensive environment
                                FIGURE 17 CAPITAL COSTS FOR LARGE-SCALE METHANOL PLANTS (2020)
                    5.2.4.2 Volatility in feedstock prices
    5.3 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 18 METHANOL MARKET: PORTER’S FIVE FORCES ANALYSIS
          TABLE 8 PORTER’S FIVE FORCES ANALYSIS: METHANOL MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 TRENDS AND FORECAST OF REAL GDP
                    TABLE 9 ANNUAL REAL GDP GROWTH: SELECT COUNTRIES, 2020–2024 (%)
           5.4.2 GLOBAL ELECTRONICS INDUSTRY
                    FIGURE 19 PRODUCTION OF GLOBAL ELECTRONICS AND IT INDUSTRIES (USD BILLION)
           5.4.3 CONSTRUCTION INDUSTRY
                    TABLE 10 CONSTRUCTION INDUSTRY: GDP CONTRIBUTION, BY COUNTRY, 2014–2019 (USD BILLION)
           5.4.4 MANUFACTURING INDUSTRY
                    FIGURE 20 GROWTH RATE OF WORLD MANUFACTURING PRODUCTION, BY REGION, 2022
           5.4.5 OIL & GAS INDUSTRY
                    TABLE 11 GLOBAL OIL & GAS PRICES, USD/BBL (2016–2020)
                    FIGURE 21 GLOBAL OIL DEMAND GROWTH (2016-2021)
 
6 INDUSTRY TRENDS (Page No. - 103)
    6.1 SUPPLY CHAIN ANALYSIS 
          FIGURE 22 SUPPLY CHAIN ANALYSIS OF METHANOL MARKET
          TABLE 12 COMPANIES IN METHANOL MARKET SUPPLY CHAIN
    6.2 VALUE CHAIN ANALYSIS 
          FIGURE 23 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED DURING PRODUCTION PROCESS
           6.2.1 PROMINENT COMPANIES
           6.2.2 SMALL & MEDIUM-SIZE ENTERPRISES
    6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
          FIGURE 24 REVENUE SHIFT & NEW REVENUE POCKETS FOR METHANOL MANUFACTURERS
    6.4 ECOSYSTEM 
          FIGURE 25 ECOSYSTEM MAP FOR METHANOL MARKET
    6.5 PATENT ANALYSIS 
           6.5.1 METHODOLOGY
           6.5.2 PATENT PUBLICATION TRENDS
                    FIGURE 26 YEAR-WISE NUMBER OF PATENTS (2014–2022)
           6.5.3 INSIGHTS
           6.5.4 JURISDICTION ANALYSIS
                    FIGURE 27 CHINA ACCOUNTED FOR HIGHEST PATENT COUNT
           6.5.5 TOP COMPANIES/APPLICANTS
                    FIGURE 28 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
                    6.5.5.1 Major patents
    6.6 TECHNOLOGY ANALYSIS 
          FIGURE 29 METHANOL: PRODUCTION PROCESS
    6.7 REGULATORY LANDSCAPE 
           6.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
           6.7.2 REGULATIONS IMPACTING METHANOL MARKET
    6.8 POTENTIAL OF METHANOL FOR CO2 EMISSION REDUCTION 
           6.8.1 METHANOL AS FUTURE FUEL
                    TABLE 13 ATTRIBUTES OF METHANOL FOR USE AS TRANSPORTATION FUEL
           6.8.2 LEGISLATIONS DRIVE DEMAND FOR CLEAN FUELS
                    TABLE 14 LEGISLATIONS IN NORTH AMERICA AND EUROPE FOR DEVELOPING ALTERNATIVE FUELS
           6.8.3 APPLICATIONS FOR CO2 EMISSION CONTROL
                    TABLE 15 COMPARATIVE ANALYSIS OF CO2 EMISSIONS: CURRENT FUELS VS. RENEWABLE FUELS
                    TABLE 16 METHANOL VS. OTHER FUELS
           6.8.4 FUTURE OUTLOOK
    6.9 METHANOL PRODUCTION COST ANALYSIS, BY FEEDSTOCK 
          TABLE 17 NATURAL GAS FEEDSTOCK, PRODUCTION COST (USD/TON)
          TABLE 18 COAL FEEDSTOCK, PRODUCTION COST (USD/TON)
          TABLE 19 BIOMASS FEEDSTOCK, PRODUCTION COST (USD/TON)
          TABLE 20 MUNICIPAL SOLID WASTE FEEDSTOCK, PRODUCTION COST (USD/TON)
          TABLE 21 CO2 FEEDSTOCK, PRODUCTION COST (USD/TON)
           6.9.1 CONVENTIONAL METHANOL PLANTS
    6.10 RENEWABLE METHANOL 
           6.10.1 TYPES OF RENEWABLE METHANOL
                    6.10.1.1 Bio-methanol
                    6.10.1.2 E-methanol
           6.10.2 PRODUCTION PROCESS
                     FIGURE 30 RENEWABLE METHANOL PRODUCTION ROUTES
           6.10.3 PROS AND CONS OF RENEWABLE METHANOL
                     TABLE 22 PROS AND CONS OF RENEWABLE METHANOL
           6.10.4 FUTURE MARKET POTENTIAL FOR RENEWABLE METHANOL
                     FIGURE 31 METHANOL PRODUCTION FORECAST (2020 VS. 2050)
           6.10.5 EXISTING AND PROPOSED RENEWABLE METHANOL PLANTS AND THEIR CAPACITIES
                    6.10.5.1 Bio-methanol from biomass and MSW
                                 TABLE 23 GASIFICATION TECHNOLOGIES
                    6.10.5.2 Bio-methanol from biogas
                                 TABLE 24 BIO-METHANE TO METHANOL TECHNOLOGIES
                    6.10.5.3 Bio-methanol from wood pulp
                                 TABLE 25 WOOD PULP TO BIO-METHANOL TECHNOLOGIES
                    6.10.5.4 Methanol from CO2 (E-Methanol)
                                 TABLE 26 EXISTING AND PLANNED E-METHANOL PRODUCTION PLANTS
                                 TABLE 27 EXISTING AND PLANNED TECHNOLOGY DEMONSTRATION PLANTS FOR E-METHANOL
                                 TABLE 28 TECHNOLOGY PROVIDERS FOR E-METHANOL PRODUCTION
           6.10.6 CASE STUDY ANALYSIS
                    6.10.6.1 Carbon recycling international obtains renewable methanol from CO2
                    6.10.6.2 Enerkem produces renewable methanol from municipal solid waste
                    6.10.6.3 BIOMCN processes renewable methanol from biogas
    6.11 KEY CONFERENCES AND EVENTS, 2023 
           TABLE 29 METHANOL MARKET: KEY CONFERENCES AND EVENTS
    6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES
                     TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%)
           6.12.2 BUYING CRITERIA
                     FIGURE 33 KEY BUYING CRITERIA, BY END-USE INDUSTRY
                     TABLE 31 KEY BUYING CRITERIA, BY END-USE INDUSTRY
    6.13 AVERAGE SELLING PRICE ANALYSIS 
           FIGURE 34 AVERAGE SELLING PRICE OF METHANOL, BY REGION (USD/MT)
           TABLE 32 AVERAGE PRICES OF METHANOL, BY REGION (USD/MT)
           TABLE 33 AVERAGE PRICES OF METHANOL, BY FEEDSTOCK (USD/MT)
           TABLE 34 AVERAGE PRICES OF METHANOL, BY END-USE INDUSTRY (USD/MT)
 
7 METHANOL MARKET, BY FEEDSTOCK (Page No. - 136)
    7.1 INTRODUCTION 
          FIGURE 35 NATURAL GAS TO LEAD MARKET DURING FORECAST PERIOD (USD MILLION)
          TABLE 35 METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
          TABLE 36 METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
          TABLE 37 METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
          TABLE 38 METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
    7.2 COAL 
           7.2.1 SUSTAINABLE RAW MATERIAL FOR LARGE-SCALE METHANOL PRODUCTION
                    TABLE 39 COAL: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 40 COAL: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 41 COAL: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 42 COAL: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    7.3 NATURAL GAS 
           7.3.1 PREFERRED FEEDSTOCK FOR METHANOL PRODUCTION
                    TABLE 43 NATURAL GAS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 44 NATURAL GAS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 45 NATURAL GAS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 46 NATURAL GAS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    7.4 OTHERS 
          TABLE 47 OTHER FEEDSTOCK: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
          TABLE 48 OTHER FEEDSTOCK: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
          TABLE 49 OTHER FEEDSTOCK: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
          TABLE 50 OTHER FEEDSTOCK: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
 
8 METHANOL MARKET, BY DERIVATIVE (Page No. - 144)
    8.1 INTRODUCTION 
          FIGURE 36 FORMALDEHYDE SEGMENT TO LEAD METHANOL MARKET (USD MILLION)
          TABLE 51 METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
          TABLE 52 METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
          TABLE 53 METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
          TABLE 54 METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
    8.2 FORMALDEHYDE 
           8.2.1 GROWING DEMAND FROM CONSTRUCTION INDUSTRY
                    TABLE 55 FORMALDEHYDE: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 56 FORMALDEHYDE: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 57 FORMALDEHYDE: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 58 FORMALDEHYDE: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.3 GASOLINE 
           8.3.1 INCREASING USE IN TRANSPORTATION SECTOR
                    TABLE 59 GASOLINE: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 60 GASOLINE: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 61 GASOLINE: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 62 GASOLINE: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.4 METHANOL-TO-OLEFINS/METHANOL-T0-PROPYLENE (MTO/MTP) 
           8.4.1 HIGH DEMAND FOR PLASTICS IN END-USE INDUSTRIES
                    TABLE 63 MTO/MTP: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 64 MTO/MTP: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 65 MTO/MTP: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 66 MTO/MTP: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.5 METHYL TERT-BUTYL ETHER (MTBE) 
           8.5.1 HIGH DEMAND FROM CHINA FOR USE ACROSS INDUSTRIES
                    TABLE 67 METHYL TERT-BUTYL ETHER (MTBE): METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 68 METHYL TERT-BUTYL ETHER (MTBE): METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 69 METHYL TERT-BUTYL ETHER (MTBE): METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 70 METHYL TERT-BUTYL ETHER (MTBE): METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.6 ACETIC ACID 
           8.6.1 IMPORTANT RAW MATERIAL FOR DOWNSTREAM CHEMICALS
                    TABLE 71 ACETIC ACID: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 72 ACETIC ACID: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 73 ACETIC ACID: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 74 ACETIC ACID: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.7 DIMETHYL ETHER (DME) 
           8.7.1 GROWING DEMAND FOR HEATING AND COOKING PURPOSES
                    TABLE 75 DIMETHYL ETHER (DME): METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 76 DIMETHYL ETHER (DME): METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 77 DIMETHYL ETHER (DME): METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 78 DIMETHYL ETHER (DME): METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.8 METHYL METHACRYLATE (MMA) 
           8.8.1 HIGH CONSUMPTION IN ELECTRONICS INDUSTRY
                    TABLE 79 METHYL METHACRYLATE (MMA): METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 80 METHYL METHACRYLATE (MMA): METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 81 METHYL METHACRYLATE (MMA): METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 82 METHYL METHACRYLATE (MMA): METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.9 BIODIESEL 
           8.9.1 SLOW GROWTH DUE TO VARYING GOVERNMENT POLICIES
                    TABLE 83 BIODIESEL: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 84 BIODIESEL: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 85 BIODIESEL: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 86 BIODIESEL: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    8.10 OTHERS 
           TABLE 87 OTHER DERIVATIVES: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
           TABLE 88 OTHER DERIVATIVES: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
           TABLE 89 OTHER DERIVATIVES: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
           TABLE 90 OTHER DERIVATIVES: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
 
9 METHANOL MARKET, BY SUB-DERIVATIVE (Page No. - 164)
    9.1 INTRODUCTION 
          FIGURE 37 UF/PF RESINS SEGMENT TO LEAD METHANOL MARKET DURING FORECAST PERIOD
          TABLE 91 METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
          TABLE 92 METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
          TABLE 93 METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
          TABLE 94 METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
    9.2 GASOLINE ADDITIVES 
           9.2.1 RAPID GROWTH OF AUTOMOTIVE INDUSTRY TO FUEL DEMAND
                    TABLE 95 GASOLINE ADDITIVES: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 96 GASOLINE ADDITIVES: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 97 GASOLINE ADDITIVES: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 98 GASOLINE ADDITIVES: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.3 OLEFINS 
           9.3.1 GROWING DEMAND FROM CHINA TO DRIVE METHANOL MARKET
                    TABLE 99 OLEFINS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 100 OLEFINS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 101 OLEFINS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 102 OLEFINS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.4 UF/PF RESINS 
           9.4.1 WIDESPREAD USE ACROSS VARIED APPLICATIONS
                    TABLE 103 UF/PF RESINS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 104 UF/PF RESINS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 105 UF/PF RESINS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 106 UF/PF RESINS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.5 VINYL ACETATE MONOMER (VAM) 
           9.5.1 HIGH DEMAND FROM CONSTRUCTION INDUSTRY
                    TABLE 107 VAM: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 108 VAM: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 109 VAM: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 110 VAM: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.6 POLYACETALS 
           9.6.1 INCREASING DEMAND FROM AUTOMOTIVE INDUSTRY IN EMERGING ECONOMIES
                    TABLE 111 POLYACETALS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 112 POLYACETALS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 113 POLYACETALS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 114 POLYACETALS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.7 FUELS 
           9.7.1 RISING PREFERENCE FOR METHANOL AS ALTERNATIVE FUEL
                    TABLE 115 FUELS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 116 FUELS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 117 FUELS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 118 FUELS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.8 METHYLENE DIPHENYL DIISOCYANATE (MDI) 
           9.8.1 GROWING DEMAND FROM AUTOMOBILE AND FURNITURE INDUSTRIES
                    TABLE 119 MDI: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 120 MDI: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 121 MDI: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 122 MDI: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.9 ACETATE ESTER 
           9.9.1 GROWTH IN AUTOMOTIVE AND PAINTS & COATINGS INDUSTRIES TO DRIVE DEMAND
                    TABLE 123 ACETATE ESTER: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                    TABLE 124 ACETATE ESTER: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 125 ACETATE ESTER: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                    TABLE 126 ACETATE ESTER: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.10 PURIFIED TEREPHTHALIC ACID (PTA) 
           9.10.1 EXPANSION IN PRODUCTION CAPACITY TO BOOST SEGMENT GROWTH
                     TABLE 127 PTA: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                     TABLE 128 PTA: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                     TABLE 129 PTA: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                     TABLE 130 PTA: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.11 ACETIC ANHYDRIDE 
           9.11.1 GROWING PHARMACEUTICAL INDUSTRY TO DRIVE MARKET
                     TABLE 131 ACETIC ANHYDRIDE: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                     TABLE 132 ACETIC ANHYDRIDE: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                     TABLE 133 ACETIC ANHYDRIDE: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                     TABLE 134 ACETIC ANHYDRIDE: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
    9.12 OTHERS 
           TABLE 135 OTHER SUB-DERIVATIVES: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
           TABLE 136 OTHER SUB-DERIVATIVES: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
           TABLE 137 OTHER SUB-DERIVATIVES: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
           TABLE 138 OTHER SUB-DERIVATIVES: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
 
10 METHANOL MARKET, BY END-USE INDUSTRY (Page No. - 187)
     10.1 INTRODUCTION 
             FIGURE 38 AUTOMOTIVE SEGMENT TO DOMINATE METHANOL MARKET DURING FORECAST PERIOD
             TABLE 139 METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
             TABLE 140 METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             TABLE 141 METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
             TABLE 142 METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
     10.2 AUTOMOTIVE 
             10.2.1 RISING DEMAND FOR USE IN MULTIPLE APPLICATIONS
                        TABLE 143 AUTOMOTIVE: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 144 AUTOMOTIVE: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 145 AUTOMOTIVE: METHANOL MARKET , BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 146 AUTOMOTIVE: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.3 CONSTRUCTION 
             10.3.1 HIGH DEMAND FOR UF/PF RESINS AND FORMALDEHYDE-BASED RESINS
                        TABLE 147 CONSTRUCTION: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 148 CONSTRUCTION: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 149 CONSTRUCTION: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 150 CONSTRUCTION: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.4 ELECTRONICS 
             10.4.1 GROWING DEMAND FOR DIRECT METHANOL FUEL CELLS
                        TABLE 151 ELECTRONICS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 152 ELECTRONICS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 153 ELECTRONICS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 154 ELECTRONICS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.5 APPLIANCES 
             10.5.1 INCREASING DEMAND FOR USE IN HOUSEHOLD APPLIANCES
                        TABLE 155 APPLIANCES: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 156 APPLIANCES: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 157 APPLIANCES: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 158 APPLIANCES: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.6 PAINTS & COATINGS 
             10.6.1 RISING NEED FOR ORGANIC SOLVENTS
                        TABLE 159 PAINTS & COATINGS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 160 PAINTS & COATINGS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 161 PAINTS & COATINGS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 162 PAINTS & COATINGS: METHANOL MARKET , BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.7 INSULATION 
             10.7.1 INCREASING USE OF METHANOL AS AGING MARKER
                        TABLE 163 INSULATION: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 164 INSULATION: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 165 INSULATION: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 166 INSULATION: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.8 PHARMACEUTICAL 
             10.8.1 RISING DEMAND FOR METHANOL FOR USE AS SOLVENT
                        TABLE 167 PHARMACEUTICAL: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 168 PHARMACEUTICAL: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 169 PHARMACEUTICAL: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 170 PHARMACEUTICAL: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.9 PACKAGING (PET BOTTLES) 
             10.9.1 GROWING USE OF PET BOTTLES IN VARIOUS END-USE INDUSTRIES
                        TABLE 171 PACKAGING (PET BOTTLES): METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 172 PACKAGING (PET BOTTLES): METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 173 PACKAGING (PET BOTTLES): METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 174 PACKAGING (PET BOTTLES): METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.10 SOLVENTS 
             10.10.1 INCREASING DEMAND IN PHARMACEUTICAL AND CONSTRUCTION INDUSTRIES
                        TABLE 175 SOLVENTS: METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
                        TABLE 176 SOLVENTS: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 177 SOLVENTS: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 178 SOLVENTS: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
     10.11 OTHERS 
             TABLE 179 OTHER END-USE INDUSTRIES: METHANOL MARKET , BY REGION, 2016–2022 (USD MILLION)
             TABLE 180 OTHER END-USE INDUSTRIES: METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 181 OTHER END-USE INDUSTRIES: METHANOL MARKET, BY REGION, 2016–2022 (THOUSAND METRIC TONS)
             TABLE 182 OTHER END-USE INDUSTRIES: METHANOL MARKET, BY REGION, 2023–2028 (THOUSAND METRIC TONS)
 
11 METHANOL MARKET, REGIONAL ANALYSIS (Page No. - 208)
     11.1 INTRODUCTION 
             FIGURE 39 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
             TABLE 183 METHANOL MARKET, BY REGION, 2016–2022 (USD MILLION)
             TABLE 184 METHANOL MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 185 METHANOL MARKET, BY REGION, 2016–2022 (MILLION METRIC TONS)
             TABLE 186 METHANOL MARKET, BY REGION, 2023–2028 (MILLION METRIC TONS)
     11.2 ASIA PACIFIC 
             11.2.1 IMPACT OF RECESSION
                        FIGURE 40 ASIA PACIFIC: METHANOL MARKET SNAPSHOT
                        TABLE 187 ASIA PACIFIC: METHANOL MARKET, BY COUNTRY, 2016–2022 (USD MILLION)
                        TABLE 188 ASIA PACIFIC: METHANOL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 189 ASIA PACIFIC: METHANOL MARKET, BY COUNTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 190 ASIA PACIFIC: METHANOL MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 191 ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 192 ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 193 ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 194 ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 195 ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 196 ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 197 ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 198 ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 199 ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 200 ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 201 ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 202 ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 203 ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 204 ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 205 ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 206 ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.2.2 CHINA
                        11.2.2.1 Rising demand for chemicals and fuels to propel market
                                      TABLE 207 CHINA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 208 CHINA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 209 CHINA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 210 CHINA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 211 CHINA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 212 CHINA: METHANOL MARKET, BY DERIVATIVE, 2023–2028(USD MILLION)
                                      TABLE 213 CHINA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 214 CHINA: METHANOL MARKET, BY DERIVATIVE, 2023–2028(THOUSAND METRIC TONS)
                                      TABLE 215 CHINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 216 CHINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028(USD MILLION)
                                      TABLE 217 CHINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 218 CHINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028(THOUSAND METRIC TONS)
                                      TABLE 219 CHINA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 220 CHINA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(USD MILLION)
                                      TABLE 221 CHINA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 222 CHINA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.2.3 JAPAN
                        11.2.3.1 Growing demand for eco-friendly fuels to drive market
                                      TABLE 223 JAPAN: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 224 JAPAN: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 225 JAPAN: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 226 JAPAN: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 227 JAPAN: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 228 JAPAN: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 229 JAPAN: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 230 JAPAN: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 231 JAPAN: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 232 JAPAN: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 233 JAPAN: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 234 JAPAN: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 235 JAPAN: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 236 JAPAN: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 237 JAPAN: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 238 JAPAN: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.2.4 INDIA
                        11.2.4.1 Increased production capacity to boost market
                                      TABLE 239 INDIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 240 INDIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 241 INDIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 242 INDIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 243 INDIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 244 INDIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 245 INDIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 246 INDIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 247 INDIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 248 INDIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 249 INDIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 250 INDIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 251 INDIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 252 INDIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 253 INDIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 254 INDIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(THOUSAND METRIC TONS)
             11.2.5 SOUTH KOREA
                        11.2.5.1 Extensive use of methanol as gasoline additive to fuel market
                                      TABLE 255 SOUTH KOREA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 256 SOUTH KOREA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 257 SOUTH KOREA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 258 SOUTH KOREA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 259 SOUTH KOREA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 260 SOUTH KOREA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 261 SOUTH KOREA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 262 SOUTH KOREA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 263 SOUTH KOREA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 264 SOUTH KOREA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 265 SOUTH KOREA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 266 SOUTH KOREA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 267 SOUTH KOREA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 268 SOUTH KOREA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 269 SOUTH KOREA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 270 SOUTH KOREA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.2.6 INDONESIA
                        11.2.6.1 Government initiatives to encourage methanol production to drive market
                                      TABLE 271 INDONESIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 272 INDONESIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 273 INDONESIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 274 INDONESIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 275 INDONESIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 276 INDONESIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 277 INDONESIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 278 INDONESIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 279 INDONESIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 280 INDONESIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 281 INDONESIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 282 INDONESIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 283 INDONESIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 284 INDONESIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 285 INDONESIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 286 INDONESIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.2.7 REST OF ASIA PACIFIC
                        TABLE 287 REST OF ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 288 REST OF ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 289 REST OF ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 290 REST OF ASIA PACIFIC: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 291 REST OF ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 292 REST OF ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 293 REST OF ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 294 REST OF ASIA PACIFIC: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 295 REST OF ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 296 REST OF ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 297 REST OF ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 298 REST OF ASIA PACIFIC: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 299 REST OF ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 300 REST OF ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 301 REST OF ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 302 REST OF ASIA PACIFIC: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
     11.3 EUROPE 
             11.3.1 IMPACT OF RECESSION
                        FIGURE 41 EUROPE: METHANOL MARKET SNAPSHOT
                        TABLE 303 EUROPE: METHANOL MARKET, BY COUNTRY, 2016–2022 (USD MILLION)
                        TABLE 304 EUROPE: METHANOL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 305 EUROPE: METHANOL MARKET, BY COUNTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 306 EUROPE: METHANOL MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 307 EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 308 EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 309 EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 310 EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 311 EUROPE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 312 EUROPE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 313 EUROPE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 314 EUROPE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 315 EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 316 EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 317 EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 318 EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 319 EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 320 EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 321 EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 322 EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.3.2 GERMANY
                        11.3.2.1 Increasing use of methanol as fuel to drive market
                                      TABLE 323 GERMANY: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 324 GERMANY: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 325 GERMANY: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 326 GERMANY: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 327 GERMANY: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 328 GERMANY: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 329 GERMANY: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 330 GERMANY: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 331 GERMANY: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 332 GERMANY: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 333 GERMANY: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 334 GERMANY: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 335 GERMANY: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 336 GERMANY: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 337 GERMANY: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 338 GERMANY: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.3.3 UK
                        11.3.3.1 High demand from automotive industry to fuel market
                                      TABLE 339 UK: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 340 UK: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 341 UK: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 342 UK: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 343 UK: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 344 UK: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 345 UK: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 346 UK: METHANOL MARKET, BY DERIVATIVE, 2023–2028(THOUSAND METRIC TONS)
                                      TABLE 347 UK: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 348 UK: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 349 UK: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 350 UK: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 351 UK: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 352 UK: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(USD MILLION)
                                      TABLE 353 UK: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 354 UK: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(THOUSAND METRIC TONS)
             11.3.4 FRANCE
                        11.3.4.1 Growing need for biodiesel to increase demand for methanol
                                      TABLE 355 FRANCE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 356 FRANCE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 357 FRANCE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 358 FRANCE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 359 FRANCE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 360 FRANCE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 361 FRANCE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 362 FRANCE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 363 FRANCE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 364 FRANCE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 365 FRANCE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 366 FRANCE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 367 FRANCE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 368 FRANCE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 369 FRANCE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 370 FRANCE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.3.5 RUSSIA
                        11.3.5.1 Large natural gas reserves to fuel market
                                      TABLE 371 RUSSIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 372 RUSSIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 373 RUSSIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 374 RUSSIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 375 RUSSIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 376 RUSSIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 377 RUSSIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 378 RUSSIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 379 RUSSIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 380 RUSSIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 381 RUSSIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 382 RUSSIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 383 RUSSIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 384 RUSSIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 385 RUSSIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 386 RUSSIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.3.6 TURKEY
                        11.3.6.1 Growing automotive and construction sectors to boost demand
                                      TABLE 387 TURKEY: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 388 TURKEY: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 389 TURKEY: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 390 TURKEY: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 391 TURKEY: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 392 TURKEY: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 393 TURKEY: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 394 TURKEY: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 395 TURKEY: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 396 TURKEY: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 397 TURKEY: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 398 TURKEY: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 399 TURKEY: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 400 TURKEY: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 401 TURKEY: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 402 TURKEY: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.3.7 REST OF EUROPE
                        TABLE 403 REST OF EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 404 REST OF EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 405 REST OF EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 406 REST OF EUROPE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 407 REST OF EUROPE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 408 REST OF EUROPE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 409 REST OF EUROPE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 410 REST OF EUROPE: METHANOL MARKET, BY DERIVATIVE, 2023–2028(THOUSAND METRIC TONS)
                        TABLE 411 REST OF EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 412 REST OF EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 413 REST OF EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 414 REST OF EUROPE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 415 REST OF EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 416 REST OF EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 417 REST OF EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 418 REST OF EUROPE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
     11.4 NORTH AMERICA 
             11.4.1 RECESSION IMPACT
                        FIGURE 42 NORTH AMERICA: METHANOL MARKET SNAPSHOT
                        TABLE 419 NORTH AMERICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (USD MILLION)
                        TABLE 420 NORTH AMERICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 421 NORTH AMERICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 422 NORTH AMERICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 423 NORTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 424 NORTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 425 NORTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 426 NORTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 427 NORTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 428 NORTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 429 NORTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 430 NORTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 431 NORTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 432 NORTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 433 NORTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 434 NORTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 435 NORTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 436 NORTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(USD MILLION)
                        TABLE 437 NORTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 438 NORTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.4.2 US
                        11.4.2.1 Use of methanol in formaldehyde derivatives to drive market
                                      TABLE 439 US: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 440 US: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 441 US: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 442 US: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 443 US: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 444 US: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 445 US: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 446 US: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 447 US: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 448 US: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 449 US: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 450 US: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 451 US: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 452 US: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 453 US: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 454 US: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.4.3 CANADA
                        11.4.3.1 Large and diversified manufacturing sector to fuel market
                                      TABLE 455 CANADA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 456 CANADA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 457 CANADA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 458 CANADA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 459 CANADA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 460 CANADA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 461 CANADA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 462 CANADA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 463 CANADA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 464 CANADA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 465 CANADA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 466 CANADA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 467 CANADA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 468 CANADA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 469 CANADA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 470 CANADA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.4.4 MEXICO
                        11.4.4.1 Growing demand from end-use industries to drive market
                                      TABLE 471 MEXICO: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 472 MEXICO: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 473 MEXICO: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 474 MEXICO: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 475 MEXICO: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 476 MEXICO: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 477 MEXICO: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 478 MEXICO: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 479 MEXICO: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 480 MEXICO: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 481 MEXICO: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 482 MEXICO: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 483 MEXICO: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 484 MEXICO: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028(USD MILLION)
                                      TABLE 485 MEXICO: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 486 MEXICO: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
     11.5 MIDDLE EAST & AFRICA 
             11.5.1 IMPACT OF RECESSION
                        TABLE 487 MIDDLE EAST & AFRICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (USD MILLION)
                        TABLE 488 MIDDLE EAST & AFRICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 489 MIDDLE EAST & AFRICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 490 MIDDLE EAST & AFRICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 491 MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 492 MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 493 MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 494 MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 495 MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 496 MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 497 MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 498 MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 499 MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 500 MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 501 MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 502 MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 503 MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 504 MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 505 MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 506 MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.5.2 SAUDI ARABIA
                        11.5.2.1 Capacity expansions and technological advancements to drive market
                                      TABLE 507 SAUDI ARABIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 508 SAUDI ARABIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 509 SAUDI ARABIA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 510 SAUDI ARABIA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 511 SAUDI ARABIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 512 SAUDI ARABIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 513 SAUDI ARABIA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 514 SAUDI ARABIA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 515 SAUDI ARABIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 516 SAUDI ARABIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 517 SAUDI ARABIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 518 SAUDI ARABIA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 519 SAUDI ARABIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 520 SAUDI ARABIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 521 SAUDI ARABIA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 522 SAUDI ARABIA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.5.3 UNITED ARAB EMIRATES (UAE)
                        11.5.3.1 Government initiatives to increase methanol production to fuel market
                                      TABLE 523 UAE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 524 UAE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 525 UAE: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 526 UAE: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 527 UAE: METHANOL MARKET, BY DERIVATIVE, 2023–2028(USD MILLION)
                                      TABLE 528 UAE: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 529 UAE: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 530 UAE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 531 UAE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 532 UAE: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 533 UAE: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 534 UAE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 535 UAE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 536 UAE: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 537 UAE: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.5.4 REST OF MIDDLE EAST & AFRICA
                        TABLE 538 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 539 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 540 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 541 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 542 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 543 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 544 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 545 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 546 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 547 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 548 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 549 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 550 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 551 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 552 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 553 REST OF MIDDLE EAST & AFRICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
     11.6 SOUTH AMERICA 
             11.6.1 IMPACT OF RECESSION
                        TABLE 554 SOUTH AMERICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (USD MILLION)
                        TABLE 555 SOUTH AMERICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 556 SOUTH AMERICA: METHANOL MARKET, BY COUNTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 557 SOUTH AMERICA: METHANOL MARKET, BY COUNTRY, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 558 SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 559 SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 560 SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 561 SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 562 SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 563 SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 564 SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 565 SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 566 SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 567 SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 568 SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 569 SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 570 SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 571 SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 572 SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 573 SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.6.2 BRAZIL
                        11.6.2.1 Large reserves of natural gas to boost methanol production
                                      TABLE 574 BRAZIL: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 575 BRAZIL: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 576 BRAZIL: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 577 BRAZIL: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 578 BRAZIL: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 579 BRAZIL: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 580 BRAZIL: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 581 BRAZIL: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 582 BRAZIL: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 583 BRAZIL: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 584 BRAZIL: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 585 BRAZIL: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 586 BRAZIL: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 587 BRAZIL: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 588 BRAZIL: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 589 BRAZIL: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.6.3 ARGENTINA
                        11.6.3.1 Growing demand for methanol in chemical industry to drive market
                                      TABLE 590 ARGENTINA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                                      TABLE 591 ARGENTINA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                                      TABLE 592 ARGENTINA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 593 ARGENTINA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 594 ARGENTINA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 595 ARGENTINA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 596 ARGENTINA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 597 ARGENTINA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 598 ARGENTINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                                      TABLE 599 ARGENTINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                                      TABLE 600 ARGENTINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 601 ARGENTINA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                                      TABLE 602 ARGENTINA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                                      TABLE 603 ARGENTINA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 604 ARGENTINA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                                      TABLE 605 ARGENTINA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
             11.6.4 REST OF SOUTH AMERICA
                        TABLE 606 REST OF SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (USD MILLION)
                        TABLE 607 REST OF SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (USD MILLION)
                        TABLE 608 REST OF SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 609 REST OF SOUTH AMERICA: METHANOL MARKET, BY FEEDSTOCK, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 610 REST OF SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 611 REST OF SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 612 REST OF SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 613 REST OF SOUTH AMERICA: METHANOL MARKET, BY DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 614 REST OF SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (USD MILLION)
                        TABLE 615 REST OF SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (USD MILLION)
                        TABLE 616 REST OF SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 617 REST OF SOUTH AMERICA: METHANOL MARKET, BY SUB-DERIVATIVE, 2023–2028 (THOUSAND METRIC TONS)
                        TABLE 618 REST OF SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (USD MILLION)
                        TABLE 619 REST OF SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 620 REST OF SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2016–2022 (THOUSAND METRIC TONS)
                        TABLE 621 REST OF SOUTH AMERICA: METHANOL MARKET, BY END-USE INDUSTRY, 2023–2028 (THOUSAND METRIC TONS)
 
12 COMPETITIVE LANDSCAPE (Page No. - 415)
     12.1 OVERVIEW 
     12.2 KEY PLAYER STRATEGIES 
             TABLE 622 AGREEMENTS AND JOINT VENTURES: KEY GROWTH STRATEGIES OF METHANOL MANUFACTURERS
     12.3 REVENUE ANALYSIS 
             12.3.1 REVENUE ANALYSIS OF TOP PLAYERS IN METHANOL MARKET
                        FIGURE 43 TOP PLAYERS – REVENUE ANALYSIS (2018-2022)
     12.4 MARKET SHARE ANALYSIS: METHANOL MARKET (2022) 
             FIGURE 44 RANKING OF TOP 5 PLAYERS IN METHANOL MARKET
             FIGURE 45 METHANEX CORPORATION HELD LARGEST SHARE OF METHANOL MARKET IN 2022
             TABLE 623 METHANOL MARKET: DEGREE OF COMPETITION
     12.5 COMPANY FOOTPRINT ANALYSIS 
             FIGURE 46 METHANOL MARKET: OVERALL COMPANY FOOTPRINT
             TABLE 624 COMPANY DERIVATIVE FOOTPRINT, 2022
             TABLE 625 COMPANY END-USE INDUSTRY FOOTPRINT, 2022
             TABLE 626 COMPANY REGION FOOTPRINT, 2022
     12.6 COMPANY EVALUATION QUADRANT, 2022 
             12.6.1 STARS
             12.6.2 EMERGING LEADERS
             12.6.3 PERVASIVE PLAYERS
             12.6.4 PARTICIPANTS
                        FIGURE 47 METHANOL MARKET: COMPETITIVE LEADERSHIP MAPPING, 2022
     12.7 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) MATRIX, 2022 
             12.7.1 PROGRESSIVE COMPANIES
             12.7.2 DYNAMIC COMPANIES
             12.7.3 RESPONSIVE COMPANIES
             12.7.4 STARTING BLOCKS
                        FIGURE 48 METHANOL MARKET: COMPETITIVE LEADERSHIP MAPPING OF SME COMPANIES, 2022
     12.8 COMPETITIVE BENCHMARKING 
             TABLE 627 METHANOL MARKET: KEY STARTUPS/SMES
             TABLE 628 METHANOL MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     12.9 COMPETITIVE SCENARIO 
             TABLE 629 METHANOL MARKET: DEALS, 2018-2023
             TABLE 630 METHANOL MARKET: PRODUCT LAUNCHES, 2018-2023
             TABLE 631 METHANOL MARKET: OTHERS, 2018-2023
 
13 COMPANY PROFILES (Page No. - 433)
     13.1 KEY PLAYERS 
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
             13.1.1 METHANEX CORPORATION
                        TABLE 632 METHANEX CORPORATION: COMPANY OVERVIEW
                        FIGURE 49 METHANEX CORPORATION: COMPANY OVERVIEW
             13.1.2 HELM PROMAN METHANOL AG
                        TABLE 633 HELM PROMAN METHANOL AG: COMPANY OVERVIEW
             13.1.3 SABIC
                        TABLE 634 SABIC: COMPANY OVERVIEW
                        FIGURE 50 SABIC: COMPANY OVERVIEW
             13.1.4 YANKUANG ENERGY GROUP COMPANY LIMITED
                        TABLE 635 YANKUANG ENERGY GROUP COMPANY LIMITED: COMPANY OVERVIEW
                        FIGURE 51 YANKUANG ENERGY GROUP COMPANY LIMITED: COMPANY OVERVIEW
             13.1.5 ZAGROS PETROCHEMICAL COMPANY
                        TABLE 636 ZAGROS PETROCHEMICAL COMPANY: COMPANY OVERVIEW
             13.1.6 CELANESE CORPORATION
                        TABLE 637 CELANESE CORPORATION: COMPANY OVERVIEW
                        FIGURE 52 CELANESE CORPORATION: COMPANY OVERVIEW
             13.1.7 BASF SE
                        TABLE 638 BASF SE: COMPANY OVERVIEW
                        FIGURE 53 BASF SE: COMPANY OVERVIEW
             13.1.8 PETROLIAM NASIONAL BERHAD (PETRONAS)
                        TABLE 639 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW
                        FIGURE 54 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW
             13.1.9 MITSUBISHI GAS CHEMICAL COMPANY INC.
                        TABLE 640 MITSUBISHI GAS CHEMICAL COMPANY INC.: COMPANY OVERVIEW
                        FIGURE 55 MITSUBISHI GAS CHEMICAL COMPANY INC.: COMPANY OVERVIEW
             13.1.10 MITSUI & CO., LTD.
                        TABLE 641 MITSUI & CO., LTD.: COMPANY OVERVIEW
                        FIGURE 56 MITSUI & CO., LTD.: COMPANY OVERVIEW
             13.1.11 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
                        TABLE 642 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY OVERVIEW
                        FIGURE 57 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY OVERVIEW
             13.1.12 OCI N.V.
                        TABLE 643 OCI N.V.: COMPANY OVERVIEW
                        FIGURE 58 OCI N.V.: COMPANY OVERVIEW
             13.1.13 SIPCHEM
                        TABLE 644 SIPCHEM: COMPANY OVERVIEW
                        FIGURE 59 SIPCHEM: COMPANY OVERVIEW
             13.1.14 METAFRAX CHEMICALS
                        TABLE 645 METAFRAX CHEMICALS: COMPANY OVERVIEW
                        FIGURE 60 METAFRAX CHEMICALS: COMPANY OVERVIEW
     13.2 OTHER COMPANIES 
             13.2.1 ATLANTIC METHANOL PRODUCTION COMPANY LLC
                        TABLE 646 ATLANTIC METHANOL PRODUCTION COMPANY LLC: COMPANY OVERVIEW
             13.2.2 ENERKEM
                        TABLE 647 ENERKEM: COMPANY OVERVIEW
             13.2.3 OBERON FUELS
                        TABLE 648 OBERON FUELS: COMPANY OVERVIEW
             13.2.4 GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LIMITED
                        TABLE 649 GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LIMITED: COMPANY OVERVIEW
             13.2.5 DEEPAK FERTILISERS & PETROCHEMICALS CORP. LTD.
                        TABLE 650 DEEPAK FERTILISERS & PETROCHEMICALS CORP. LTD.: COMPANY OVERVIEW
             13.2.6 QATAR FUEL ADDITIVES COMPANY
                        TABLE 651 QATAR FUEL ADDITIVES COMPANY: COMPANY OVERVIEW
             13.2.7 COOGEE CHEMICALS
                        TABLE 652 COOGEE CHEMICALS: COMPANY OVERVIEW
             13.2.8 CHINA RISUN GROUP LIMITED
                        TABLE 653 CHINA RISUN GROUP LIMITED: COMPANY OVERVIEW
             13.2.9 RASHTRIYA CHEMICALS & FERTILIZERS LTD.
                        TABLE 654 RASHTRIYA CHEMICALS & FERTILIZERS LTD: COMPANY OVERVIEW
             13.2.10 ROSNEFT
                        TABLE 655 ROSNEFT: COMPANY OVERVIEW
             13.2.11 VIROMET S.A.
                        TABLE 656 VIROMET S.A.: COMPANY OVERVIEW
 
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
 
14 APPENDIX (Page No. - 478)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

The study involved four major activities in estimating the current market size of methanol. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with industry experts across the value chain of methanol through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the size of the segments and sub-segments of the market.

Secondary Research

The research methodology used to estimate and forecast the access control market begins with capturing data on the revenues of key vendors in the market through secondary research. In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, Factiva, World Bank, and Industry Journals, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; notifications by regulatory bodies; trade directories; and databases. Vendor offerings have also been taken into consideration to determine market segmentation.

Primary Research

The Methanol Industry comprises several stakeholders, such as manufacturers, suppliers, traders, associations, and regulatory organizations, in the supply chain. The demand side of this market is characterized by the development of construction, automotive, electronics, appliances, paints and coatings, insulation, pharmaceutical, packaging, solvents, and other applications. Advancements in technology characterize the supply side. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents:

Methanol Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the methanol market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the methanol market, in terms of value, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Global Methanol Market Size: Bottom Up Approach

Methanol Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Methanol Market Size: Top Down Approach

Methanol Market Size, and Share

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The market size was calculated globally by summing up the country-level and regional-level data.

Market Definition

Methanol, also known as methyl alcohol or wood alcohol, is a colorless liquid with a mild, sweet odor. It is the simplest alcohol, composed of a methyl group bonded to a hydroxyl group. Methanol has a wide range of applications in industry and laboratories. It is commonly used as a solvent, antifreeze, and as a raw material for the production of chemicals such as formaldehyde and acetic acid.

Key Stakeholder

  • Methanol Manufacturers
  • Methanol Traders, Distributors, and Suppliers
  • Traders, Distributors, and Suppliers of methanol
  • Manufacturers of methanol and other related products that use methanol as an Integral Raw Material
  • Associations and Industrial Bodies such as the United States Environment Protection Agency (EPA), World Health Organization (WHO), the Department of Energy, The Methanol Institute, the European Investment Bank, and Others.
  • Contract Manufacturing Organizations (CMOs)
  • NGOs, Governments, Investment Banks, Venture Capitalists, and Private Equity Firms

Report Objectives:

  • To define, describe, and forecast the size of the global methanol market in terms of volume and value
  • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing the growth of the global methanol market
  • To analyze and forecast the size of various segments (derivative and application) of the methanol market based on five major regions—North America, Asia Pacific, Europe, South America, and the Middle East & Africa—along with key countries in each of these regions
  • To analyze recent developments and competitive strategies, such as expansions, new product developments, agreements, and acquisitions, to draw the competitive landscape of the market
  • To strategically profile the key players in the market and comprehensively analyze their core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

  • Additional country-level analysis of the methanol market
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  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.
Custom Market Research Services

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Report Code
CH 1642
Published ON
Jun, 2023
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