The market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025. Fortune Business Insights™ in its latest report published this information. Global methanol market constitutes of large number of multinational and domestic companies and is highly fragmented. Based on product gamut, the Methane & Methanol Cell market is bifurcated into Methane Cell andMethanol Cell. Natural gas is the major feedstock for the methanol production and represents around 85% of total installed capacity, where initially the production existed in North America and Europe. Our customers partner with Market Study Report, LLC. This report provides an in-depth analysis of the global methanol market. Applicationpectrum: Residential and Commercial. What areales, revenue, and price analysis of top manufacturers of Methanol Fuel market? Methanol, when produced from renewable feedstocks is a type of biofuel and is blended with petroleum-based fuels in transportation sector to reduce carbon emissions in the environment. In this study, 2020 is expected to see as the base year and 2025 as the estimated year for forecasting the market size of methanol. The global Methanol demand stood at 12.8 million tonnes in 2019 and is anticipated to grow at around CAGR 4.97% during the forecast period. Who are the distributors, traders, and dealers of Methanol Fuel market? The "Global Methanol Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Regional Demand, 2015-2030" report has been added to ResearchAndMarkets.com's offering.. China alone has more than 200 distinct production locations in China. What areales, revenue, and price analysis by regions of industries? The market for methanol is expected to register a CAGR of around 5% during the forecast period. We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place. In-depth data about every major player, including their product portfolio with key applications andpecifications. These derivatives of methanol are further used in manufacturing products for large industries such as electronics, plastics, construction material, and automotive. ICIS publishes weekly reports on the methanol markets in Asia, China, Europe and the US. The formaldehyde market was the largest segment of the methanol market in 2018 at around 31%. The MarketWatch News Department was not involved in the creation of this content. Region wise, the renewable methanol market analysis is done across North America, Asia-Pacific, Europe, and LAMEA. Apart from these industries Methanol is also consumed by MTBE, DMT and the Pharma industries. Formaldehyde is used to in the manufacturing of adhesives and its demand is mainly driven by rapidly expanding construction industry, where it is used to manufacture construction board products. Methanol is widely used in production of other chemical compounds such as formaldehyde, acetic acid, MTO/MTP, MMA, and methylamines. Methanol demand was severely affected by the slump in prices of crude oil in 2014, wherein the overall market grew at an average rate of 6% yearly in the past five years. Methanol is one of the major chemicals traded in Indian market. Sales and revenue accrued by every regional market. Asia-Pacific was the highest revenue contributor and is estimated to grow with a CAGR of 5.4%. Methanol market growth is attributed to the increasing methanol use in filling stations and flexible fuel vehicles. 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