Global Methanol Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020-23

Forecast Years: 2025-2030

The Global Methanol Market size was valued at around USD 32.19 billion in 2024 and is projected to reach USD 42 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2025-30. The Global Methanol Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Methanol Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Methanol Market drivers, barriers, Global Methanol Market Trends, and Key Players in Global Methanol Market.

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Global Methanol Market Dynamics: 2025-2030

Global Methanol Market Driver:

Role of Methanol as a Sustainable Compound & Clean Burning Fuel Driving Market Growth – Methanol is a renewable energy source that is biodegradable, water soluble, and clean burning fuel and is preferred in electronic, marine, and automotive industries. It reduces emissions of nitrogen oxides from heavy-duty trucks and transit buses. It also diminishes hydrocarbons and their reactivity with nitrogen oxides to form the Ozone Layer. These hydrocarbons are passed to air from vehicle tail pipes and also evaporate directly from gasoline and reduce diesel exhaust particulate matter. It's a key feedstock for the chemical industry in regards to the formation of acetic acid, formaldehyde, Gasoline additive, methyl tertiary butyl ether, etc. For instance, while making formaldehyde using methanol, only hydrogen gas is released, which is, again, a useful byproduct. It is used as an anti-freezing agent in engines and is utilized to produce lighter car parts. As a result, its use in making chemicals has increased its demand.

Moreover, methanol as a fuel helps the end-user industries by diminishing the release of toxic compounds in the air while burning. It completely reduces the sulfur content, whereas carbon is reduced by around 7%. Therefore, the nature-friendly properties of methanol are the main reason behind its high use in numerous applications in the automotive industry, thus increasing its demand, and this demand is expected to increase in the coming years.

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Global Methanol Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Application

-Formaldehyde- Market Size & Forecast 2020-2030, USD Billion

-Gasoline- Market Size & Forecast 2020-2030, USD Billion

-Acetic Acid- Market Size & Forecast 2020-2030, USD Billion

-MTBE- Market Size & Forecast 2020-2030, USD Billion

-Dimethyl Ether- Market Size & Forecast 2020-2030, USD Billion

-MTO/MTP- Market Size & Forecast 2020-2030, USD Billion

-Biodiesel- Market Size & Forecast 2020-2030, USD Billion

-Others- Market Size & Forecast 2020-2030, USD Billion

By End-User Industry

-Automotive - Market Size & Forecast 2020-2030, USD Billion

-Construction- Market Size & Forecast 2020-2030, USD Billion

-Electronics- Market Size & Forecast 2020-2030, USD Billion

-Others (Pharmaceuticals, Paints & Coatings, Solvents, etc.)- Market Size & Forecast 2020-2030, USD Billion

By Feedstock

-Natural Gas - Market Size & Forecast 2020-2030, USD Billion

-Coal- Market Size & Forecast 2020-2030, USD Billion

-Other (Biomass and other renewables)- Market Size & Forecast 2020-2030, USD Billion

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Methanol Market:

Methanex Corporation, BASF SE, Celanese Corporation, SABIC, Mitsubishi Gas Chemical Company, LyondellBasell Industries, Petroliam Nasional Berhad (PETRONAS), Metafrax Chemicals, Mitsui & Co., Proman, Qatar Fuel Additives Company Limited, Zagros Petrochemical Industry, Sipchem, OCI Global, Atlantic Methanol Production Company, and others.

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