ASIA PACIFIC METHANOL MARKET FORECAST 2019-2027

ASIA PACIFIC METHANOL MARKET FORECAST 2019-2027

  • June 2019 •
  • 73 pages •
  • Report ID: 5586171 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific methanol market is expected to have its sovereignty in the global market throughout the forecast period of 2019-2027 by rising with a CAGR of 6.16% over these projected years.

MARKET INSIGHTS
China is one of the key leading countries in APAC, and the demand for methanol and its derivatives primarily stem from the country’s energy and petrochemicals sectors.Other countries analyzed in this report are India, Japan, South Korea, Australia and the remaining countries forming the Rest of World regional segment.

Increasing number of housing construction projects and the growing demand from paints and coatings is expected to be a major driver for the methanol market in these countries.

COMPETITIVE INSIGHTS
Some of the popular methanol manufacturing companies in this region are Mitsubishi Chemicals, Valero Marketing and Supply Company, Qatar Fuel Additives Company Limited, Methanol Holdings (Trinidad) Limited (MHTL), Zagros Petrochemical Company (ZPC), Petroliam Nasional Berhad (Petronas), Mitsui & Co., Ltd., BASF AG, Celanese Corporation, Teijin, Methanex Corporation, and Saudi Basic Industries Corporation.

Companies mentioned
1. BASF AG
2. CELANESE CORPORATION
3. QATAR FUEL ADDITIVES COMPANY LIMITED
4. METHANOL HOLDINGS (TRINIDAD) LIMITED (MHTL)
5. METHANEX CORPORATION
6. MITSUBISHI CHEMICALS
7. MITSUI & CO., LTD.
8. PETROLIAM NASIONAL BERHAD (PETRONAS)
9. SAUDI BASIC INDUSTRIES CORPORATION
10. TEIJIN
11. VALERO MARKETING AND SUPPLY COMPANY
12. ZAGROS PETROCHEMICAL COMPANY (ZPC)