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Apr 27, 2017 6:55 PM ET

Archived: -Global Methanol Market 2016-2021: Growing Petrochemicals Demand & Development of New Industrial Sectors is Driving Growth

iCrowdNewswire - Apr 27, 2017

M2 PRESSWIRE-April 27, 2017-Global Methanol Market 2016-2021: Growing Petrochemicals Demand & Development of New Industrial Sectors is Driving Growth
(C)1994-2017 M2 COMMUNICATIONS

RDATE:27042017

Dublin – Research and Markets has announced the addition of the “Global Methanol Market 2016-2021” report to their offering.

The global methanol market has been estimated at USD 31.02 billion in 2016 and is projected to reach USD 51.6 billion by 2021, growing at a CAGR of 10.70% during the forecast period, 2016 to 2021.

The methanol industry has experienced an explosive growth primarily in China and the United States in recent years owing to significant developments in shale gas, which has contributed in lowering the natural gas prices. Various new markets and applications are on the rise for methanol due to the production of light olefins from methanol, methanol to gasoline conversion, and the increasing use of methanol as a fuel. Growing petrochemicals demand, and the development of new industrial sectors are expected to provide immense opportunities for the growth of the methanol industry, globally.

However, the market faces certain drawbacks, such as the use of ethanol fuel or bio ethanol, which limits the consumption of methanol, and a fluctuation in crude oil prices that would affect the affordability of methanol derivatives. These factors may act as a roadblock to the growth of the market.

Key Players:

– BASF SE
– BP Global
– Celanese Corp.
– Methanex Corp.
– Methanol Holdings

– Mitsubishi Gas Chemical
– Mitsui & Co., Ltd.
– Petroliam Nasional Berhad

– SABIC

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Green and Methanol Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

Companies Mentioned

– Atlantic Methanol Production Co.
– BASF SE
– BP Global
– Celanese Corp.
– Clariant
– Coogee Chemicals
– Enerkem
– Eni S.p.A. (ECOFUEL)
– Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC)
– Haldor Topsoe
– Methanex Corp.
– Methanol Holdings (Trinidad) Ltd.
– Mitsubishi Gas Chemical Co., Inc.
– Mitsui & Co., Ltd.
– OCI N.V.
– Oberon Fuels
– Petroliam Nasional Berhad (PETRONAS)
– SABIC
– Valero Marketing and Supply Co.
– Zagros Petrochemical Co.

For more information about this report visit http://www.researchandmarkets.com/research/zhm53k/global_methanol

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Related Topics: Surfactants (http://www.researchandmarkets.com/categories.asp?cat_id=443&campaign_id=zhm53k), Solvents (http://www.researchandmarkets.com/categories.asp?cat_id=773&campaign_id=zhm53k), Fuel Additives (http://www.researchandmarkets.com/categories.asp?cat_id=774&campaign_id=zhm53k)


((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.m2.com on the world wide web. Inquiries to info@m2.com)).

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