Le marché du méthanol devrait croître à un TCAC de 4,5 % entre 2022 et 2029. Il était évalué à 27,95 milliards de dollars en 2020. Il devrait atteindre plus de 41,54 milliards de dollars d'ici 2029.
Il est prévu que la demande croissante des secteurs de la construction et de l'automobile propulsera l'expansion du marché. L'utilisation de produits pétrochimiques dans les industries d'utilisation finale, notamment les secteurs de l'automobile et de la construction, est la principale raison qui alimente l'expansion du marché.
Le méthanol, parfois appelé hydrate de méthyle ou alcool méthylique , est une substance incolore et inflammable avec une forte odeur d'alcool. Le méthanol est largement utilisé dans de nombreuses industries, notamment l'isolation, les peintures et les revêtements, l'emballage, les produits pharmaceutiques, les peintures et les revêtements et l'automobile. De plus, il est utilisé dans la production de fournitures médicales telles que des casquettes à capuche, des tabliers, des masques, des blouses médicales, des gants, des désinfectants, des produits pharmaceutiques et autres. Le méthanol est également utilisé dans les usines de traitement des eaux usées pour désinfecter l'eau. La conversion du nitrate supplémentaire des eaux usées en azote gazeux et en émission atmosphérique est un processus connu sous le nom de dénitrification.
| ATTRIBUT | DÉTAILS |
| Période d'étude | 2020-2029 |
| Année de base | 2021 |
| Année estimée | 2022 |
| Année prévue | 2022-2029 |
| Période historique | 2018-2020 |
| Unité | Valeur (milliards USD, kilotonnes) |
| Segmentation | Par matière première, par dérivé, par sous-dérivé, par utilisateur final |
| Par matière première |
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| Par dérivé |
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| Par sous-dérivée |
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| Par utilisateur final |
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| Par région |
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Le méthanol est de plus en plus utilisé comme carburant pour les transports et dans l'industrie maritime. Contrairement au carburant à base d'essence, le méthanol est une forme de carburant de transport moins chère et plus adaptable. Le méthanol peut remplacer les carburants à base d'essence comme le diesel en raison de ces caractéristiques. L'acide acétique, les oléfines, le méthacrylate de méthyle, le silicone, le formaldéhyde et d'autres produits chimiques sont fabriqués dans l'industrie chimique à partir de méthanol. Les adhésifs, les plastiques, les peintures, les produits d'étanchéité, les équipements médicaux, la production automobile, les lubrifiants et d'autres produits ne sont que quelques-unes des utilisations finales de ces substances.
La consommation de méthanol augmentera en raison de la demande accrue de secteurs tels que l'automobile et la construction. L'alcool méthylique est utilisé pour fabriquer des matériaux isolants, des tissus, des plastiques et des adhésifs. Les polymères jouent un rôle crucial dans les automobiles en réduisant le poids du véhicule, ce qui améliore le rendement énergétique et donne l'apparence du métal. Tout au long de la période de prévision, l'augmentation sera alimentée par l'utilisation de plastiques dans le secteur de la construction. Tout au long de la période de projection, l'expansion du marché sera soutenue par la demande de vêtements dans les industries des biens de consommation et du meuble.
Un autre aspect motivant est l’utilisation croissante du méthanol dans les applications impliquant le mélange de carburants. Le méthanol est un liquide incolore et inflammable qui est souvent combiné à de l’alcool éthylique pour être utilisé dans diverses applications industrielles. Alors que les utilisateurs finaux se tournent vers les carburants durables, le marché du méthanol se présente avec d’énormes perspectives. En raison de son caractère adaptable et de ses applications dans une variété d’industries, cet alcool répondra aux besoins d’une population mondiale en expansion.
Methanol market is expected to grow at 4.5% CAGR from 2022 to 2029. it is expected to reach above USD 41.95 billion by 2029.
Asia Pacific held more than 30% of methanol market revenue share in 2021 and will witness expansion in the forecast period.
It is anticipated that the construction and automotive industries' growing demand will propel market expansion. The usage of petrochemicals in end-use industries including the automotive and construction sectors is the key reason fueling the market's expansion.
Celanese Corporation, BASF SE, Methanex Corporation, SABIC, Petroliam Nasional Berhad (PETRONAS), Mitsubishi Gas Chemical Company, Inc., Valero, Mitsui & Co., Ltd., Methanol Holdings (Trinidad) Limited., Zagros Petrochemical Co.
Over the projection period, the natural gas segment will command a large market share. This market sector is anticipated to expand because to the low cost of production that results in a considerable output. Together with an increase in the use of coal to generate methyl alcohol in many nations with substantial coal output, the coal section is also anticipated to pass the end of the line successfully.
On a worldwide scale, the growing need from sectors like automotive and construction is predicted to boost its usage. Methyl alcohol serves as a starting point for different chemicals and compounds, including adhesives, plastics, textiles, insulation materials, and more. Plastics are crucial in cars as they lower the vehicle's weight, providing qualities like metals and enhancing fuel efficiency. Plastics are utilized in various applications in construction, from piping to crane ropes. Additionally, the market will be driven by the need for adhesives in the furniture and consumer goods sectors. Moreover, the anticipated rise in methanol consumption for fuel blending purposes is projected to drive the market's advancement in the forecast period.
Worldwide, the rapidly expanding electronics sector, driven by rising demand for electronics components and devices, is pushing the growth of the methanol market. Methyl alcohol plays a vital role in the production of different electronic materials, such as printed circuit boards, semiconductors, and display screens. Moreover, the demand for the product is further increased by its role as a solvent in the production process of electronic items.
Restraints:Methyl alcohol is primarily utilized as a solvent, alternative fuel, and pesticide. In addition to being produced commercially, it can be found naturally in foods, fruits, and the human body. Consuming contaminated alcohol may lead to poisoning from the product. Breathing in or ingesting it may result in loss of vision, buildup of acid in the blood, and fatality. Additional health consequences as a result of exposure consist of nausea, vomiting, heart and respiratory failure, seizures, and kidney failure. These factors are anticipated to impede the expansion of the methyl alcohol market.
Opportunities:Bunkering in marine settings is easy with methanol since it remains in liquid form at room temperature, eliminating the need for cryogenic storage or specialized materials in tanks and pipes. The rising demand for environmentally-friendly fuels and changes in regulations are becoming more influential in promoting new uses for methanol as a marine fuel because of its reduced emissions.
Methanol market is segmented based on feedstock, derivative, sub-derivative, end user and region.
By feedstock the market is segmented into coal, natural gas, and others. Over the projection period, the natural gas segment will command a large market share. This market sector is anticipated to expand because to the low cost of production that results in a considerable output. Together with an increase in the use of coal to generate methyl alcohol in many nations with substantial coal output, the coal section is also anticipated to pass the end of the line successfully.
By derivative the market is segmented into gasoline, MTO/MTP, formaldehyde, methyl tertiary butyl ether, acetic acid, dimethyl ether, methyl methacrylate, biodiesel, others. Throughout the projected period, it is anticipated that the MTO/MTP category will increase at the fastest rate. These thermoplastics—polypropylene, polyolefins, and polyethylene—are made from methyl alcohol and are widely used in a variety of sectors of the economy.
Due to their adaptability and advantageous characteristics, plastics are utilised more than other materials in the construction, furnishing, and automobile industries. Polyolefins are increasingly in demand across a wide range of end user industries. We will also have a bigger volume share for the formaldehyde category. It is crucial for the production of adhesives, insecticides, and molding materials. In various industries, formaldehyde is in high demand. The expansion of the formaldehyde market is being driven by the textile, construction, and mobile industries.
By sub-derivative the market is segmented into gasoline additives, olefins, UF/PF resins, VAM, polyacetals, MDI, PTA, acetate esters, acetic anhydride, fuels, and others. Regulations aiming at lowering car emissions and enhancing fuel efficiency are a big factor in the need for gasoline additives. Olefins market dynamics, price, and technological improvements all have an impact on the broader petrochemical industry, which is closely related to it.
Although these resins are used to create a range of wood-based products, the building and furniture industries dominate the market for UF/PF resins. The demand for adhesives, coatings, and other goods in the construction, automotive, and packaging industries is what drives the VAM market. Engineering plastics are in high demand in the consumer goods, electronics, and automotive sectors, which drives the market for polyacetals.
By end user the market is segmented into construction, automotive, electronics, appliances, paints & coatings, insulation, pharmaceuticals, packaging, solvents, others. Across the projection period, it is anticipated that the construction sector would account for the greatest market share in methanol. This is because methanol is used to make a wide range of goods, including foams, adhesives, plywood subfloors, and plastics. Large uses for these items exist in the construction sector, and rising demand is anticipated to drive up consumption. The increased usage of plastics and methanol-blend fuels is predicted to cause the automotive market to see significant growth by the end of the projection period.
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Methanol market key players include Celanese Corporation, BASF SE, Methanex Corporation, SABIC, Petroliam Nasional Berhad (PETRONAS), Mitsubishi Gas Chemical Company, Inc., Valero, Mitsui & Co., Ltd., Methanol Holdings (Trinidad) Limited., Zagros Petrochemical Co.
Industry Development:January 2024 – Celanese Corporation announced, that Fairyway Methanol company, a joint venture between the company and Mitsui & Co., has began carbon capture and utilization at its plant located in Clear Lake, Texas. The plant is producing 130,000 metric tons of methanol from 180,000 metric tons of the greenhouse gas carbon dioxide per year.
March 01, 2023: Celanese Corporation, a global specialty materials and chemical company, and Alessa Therapeutics announced their collaboration for developing a new oncology drug product leveraging Alessa’s expertise on sustained localized drug delivery and the Celanese VitalDose® EVA drug delivery platform.
December 02, 2022: Methanex Corporation, the world’s largest producer and supplier of methanol, is pleased to announced it has made a NZ USD 2 million investment to support the building of the new neonatal unit at Taranaki Base Hospital in New Zealand. The 10-year partnership provides funding for state-of-the-art treatment to care for the most vulnerable newborns and their families. As part of this investment, the new unit will be called The Methanex Neonatal Unit and is expected to be completed in 2025.
Methanol market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
The market's growth is primarily attributed to the Asia Pacific region. The market is anticipated to expand along with the development of the building and automotive sectors in China and India. A significant contributor to the market's expansion is the fact that China is a significant producer and consumer of derivative. The Asia Pacific region has a sizable and expanding population, which is driving demand for a variety of chemical products used in consumer goods, electronics, construction, and other end-use industries.
As the economies of the region expand and consumer preferences change, this trend is anticipated to last for the foreseeable future. The demand for consumer goods and personal care products is being driven by the region's huge and expanding population as well as rising wages. Surfactants, polymers, and speciality chemicals are all experiencing growth as a result of this. The US is one of the top producers of chemicals in the world and the biggest in North America. The nation boasts a thriving chemical sector with a broad range of goods and uses. Due to regulatory pressure and consumer demand, the North American chemical sector is placing an increasing amount of emphasis on sustainability and environmental responsibility. This is encouraging more money to be spent on recycling, green chemistry, and other sustainable initiatives.
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