Asia Pacific Methanol Market Size & Outlook, 2025-2030

The methanol market in Asia Pacific is expected to reach a projected revenue of US$ 33,383.8 million by 2030. A compound annual growth rate of 9.4% is expected of Asia Pacific methanol market from 2025 to 2030.
Revenue, 2024 (US$M)
$19,700.9
Forecast, 2030 (US$M)
$33,383.8
CAGR, 2025 - 2030
9.4%
Report Coverage
Asia Pacific

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Asia Pacific methanol market, 2018-2030 (US$M)

Asia Pacific methanol market, 2018-2030 (US$M)

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Asia Pacific methanol market highlights

  • The Asia Pacific methanol market generated a revenue of USD 19,700.9 million in 2024.
  • The market is expected to grow at a CAGR of 9.4% from 2025 to 2030.
  • In terms of segment, formaldehyde was the largest revenue generating application in 2024.
  • MTO/MTP is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.


Asia Pacific data book summary

Market revenue in 2024USD 19,700.9 million
Market revenue in 2030USD 33,383.8 million
Growth rate9.4% (CAGR from 2025 to 2030)
Largest segmentFormaldehyde
Fastest growing segmentMTO/MTP
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFormaldehyde, Gasoline, Acetic Acid, MTBE, Dimethyl Ether, MTO/MTP, Biodiesel, Other


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 51.2% of the global methanol market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 33,383.8 million by 2030.

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Methanol Market Companies

Name Profile # Employees HQ Website
Zagros Networks View profile 11-50 Rockville, Maryland, United States, North America http://ww12.zagrosnetworks.com/
Qatar Fuel Additives Company (QAFAC) View profile 101-250 Doha, Ad Dawhah, Qatar, Asia https://qafac.com.qa
Methanex Corporation View profile 1001-5000 Vancouver, British Columbia, Canada, North America http://www.methanex.com
Mitsui & Co Ltd View profile 55874 1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8631 https://www.mitsui.com
Petroliam Nasional Berhad View profile 10001+ Kuala Lumpur, Kuala Lumpur, Malaysia, Asia http://petronas.com
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Mitsubishi Gas Chemical Co Inc View profile 10050 5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8324 http://www.mgc.co.jp
Celanese Corp Class A View profile 12410 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 https://www.celanese.com
Qualcomm Inc View profile 50000 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 https://www.qualcomm.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Asia Pacific 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 23.8% in 2024. Horizon Databook has segmented the Asia Pacific methanol market based on formaldehyde, gasoline, acetic acid, mtbe, dimethyl ether, mto/mtp, biodiesel, other covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific methanol market databook

  • Our clientele includes a mix of methanol market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific methanol market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific methanol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific methanol market size, by country, 2018-2030 (US$M)

Asia Pacific Methanol Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific methanol market size, by country, 2018-2030 (US$M)

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