Global Methanol Market Size & Outlook, 2022-2030
Global methanol market, 2018-2030 (US$M)
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Global methanol market highlights
- The global methanol market generated a revenue of USD 41,113.8 million in 2022 and is expected to reach USD 80,599.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.8% by 2030.
- In terms of segment, formaldehyde accounted for a revenue of USD 9,636.7 million in 2022.
- MTO/MTP is the most lucrative additives segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Angola is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 41,113.8 million |
| Market revenue in 2030 | USD 80,599.4 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Formaldehyde |
| Fastest growing segment | MTO/MTP |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Formaldehyde, Gasoline, Acetic Acid, MTBE, Dimethyl Ether, MTO/MTP |
Other key industry trends
- In terms of revenue, the North America accounted for 15.3% of the global methanol market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Angola is the fastest growing regional market and is projected to reach USD 41.3 million by 2030.
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Methanol Market Scope
Methanol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global methanol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to methanol market will help companies and investors design strategic landscapes.
Formaldehyde was the largest segment with a revenue share of 23.44% in 2022. Horizon Databook has segmented the Global methanol market based on formaldehyde, gasoline, acetic acid, mtbe, dimethyl ether, mto/mtp covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Methanol Additives Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene
- Polypropylene
- Propylene oxide
- Acrylonitrile
- Phenol/cumene
- Cyclohexane
- Nitrobenzene
- Alkyl benzene
- Solvents
- TDI
- Formaldehyde
- Gasoline
- Acetic Acid
- MTBE
- Dimethyl Ether
- MTO/MTP
- Monomers
- Acrylic acid
- Isopropanol
- SB Rubber
- Butadiene rubber
- ABS
- SB latex
- Ethylene Oxide
- EDC
- Ethyl benzene
- Others
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Our clientele includes a mix of methanol market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global methanol market , including forecasts for subscribers. This global databook contains high-level insights into Global methanol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global methanol market size, by region, 2018-2030 (US$M)
Top 10 countries: Methanol market size, 2022 (US$M)
Global methanol market share, by additives, 2022 & 2030 (%, US$M)
Methanol market: Opportunity assessment by country
Global methanol market, by region, 2022 (US$M)
| Additives | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 1,653.4 | 1,757.2 | 1,802.9 | 1,884.1 | 1,997.5 | 2,134.6 | 2,282.1 | 2,464.8 | 2,655.8 | 2,856.6 | 3,068.1 | 3,198.3 | 3,445.9 | 7.0% |
| Europe | 6,765.9 | 7,308.3 | 7,596.5 | 8,051.8 | 8,660.4 | 9,382.6 | 10,181.5 | 11,155.7 | 12,197.8 | 13,316.5 | 14,517.7 | 15,333.4 | 16,779.3 | 8.6% |
| North America | 4,898.0 | 5,298.5 | 5,510.5 | 5,844.3 | 6,285.6 | 6,823.3 | 7,409.4 | 8,126.3 | 8,903.5 | 9,742.9 | 10,653.6 | 11,297.0 | 12,399.9 | 9.0% |
| MEA | 1,576.5 | 1,685.6 | 1,674.6 | 1,755.3 | 1,847.2 | 1,958.8 | 2,080.6 | 2,232.8 | 2,384.3 | 2,542.8 | 2,704.1 | 2,836.7 | 3,026.1 | 6.3% |
| Asia Pacific | 15,316.7 | 18,635.6 | 19,466.6 | 20,690.8 | 22,323.2 | 24,281.9 | 26,443.0 | 29,077.2 | 31,905.3 | 34,949.9 | 38,240.1 | 40,927.4 | 44,948.2 | 8.9% |
| Overall | 30,210.5 | 34,685.1 | 36,051.0 | 38,226.3 | 41,113.8 | 44,581.2 | 48,396.7 | 53,056.8 | 58,046.7 | 63,408.6 | 69,183.7 | 73,592.8 | 80,599.4 | 8.8% |
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