In July 2024, methanol spot prices were the highest in the U.S. market, at some 353 U.S. dollars per metric ton. This represented an increase in comparison to the same month of the previous year, when the prices of methanol were around 229 U.S. dollars per metric ton. Meanwhile, in the European market and the Chinese market, methanol spot prices in July 2024 stood at 349 and 294 U.S. dollars per metric ton, respectively. During the period in consideration, prices of methanol peaked in October 2021 for all three regions.

Methanol fell to 2,286 CNY/T on June 6, 2025, down 0.17% from the previous day. Over the past month, Methanol's price has fallen 1.17%, and is down 10.67% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Methanol.

In the first quarter of 2025, the U.S. methanol market experienced a modest overall decline of 1.14%, shaped by evolving supply-demand dynamics and macroeconomic influences. The quarter began with relative stability as demand from downstream sectors like paints, coatings, and MTBE remained consistent, supported by sufficient inventories and steady supply conditions. However, a surge in natural gas prices due to severe winter forecasts temporarily influenced market sentiment.

Get the latest insights on price movement and trend analysis of Methanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Report Features	Details
Product Name	Methanol
Chemical Formula	C10H20O
Industrial Uses	Antifreeze agent, Solvent, Fuel, Denaturant for Ethanol, Biodiesel
Molecular Weight	32.04 g/mol
Synonyms	67-56-1, Methyl alcohol, Methyl alcohol, Wood alcohol, Wood spirit
Supplier Database	Zagros Petrochemical Co., Sichuan Lutianhua Co., Ltd., Methanex Corporation, Ar-Razi Saudi Methanol Co. (SABIC), Yankuang Group, Proman AG
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

Explore the factors influencing methanol prices in 2023, including supply and demand, production costs, and geopolitical events. Learn how methanol's role in energy production and industrial applications affects its market value.

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Methanol Market Size 2024-2028

The methanol market size is forecast to increase by USD 6.3 billion at a CAGR of 3.32% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for formaldehyde and its derivatives in the production of various specialty chemicals. Formaldehyde is extensively used in the manufacturing of resins for applications in the automotive, construction, and furniture industries. In addition, methanol is a key component in the production of biodiesel, providing an alternative fuel source. However, market participants face the challenge of dealing with the volatility in methanol prices, which can significantly impact their profitability. These price fluctuations are primarily due to the supply-demand balance, with production capacity expansions and geopolitical factors influencing the market dynamics.
Companies seeking to capitalize on the growth opportunities in this market must closely monitor price trends and adopt strategic sourcing and pricing strategies to mitigate the impact of price volatility. Additionally, focusing on research and development initiatives to produce methanol through cost-effective and sustainable methods can provide a competitive edge in the market.

What will be the Size of the Methanol Market during the forecast period?

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The market continues to evolve, driven by shifting trends and advancements in production processes, policy frameworks, and technological innovations. Methanol information is vital for investors and industry players seeking to capitalize on emerging opportunities. Methanol production processes are undergoing constant refinement, with new methanol reactors and catalysts enhancing efficiency and sustainability. Methanol policy and regulations are shaping the market landscape, with a focus on reducing carbon footprints and promoting renewable methanol production. Methanol growth is being fueled by expanding applications across various sectors, including biofuel, transportation, and chemical industries. Methanol strategies and development plans are centered around optimizing methanol synthesis, improving methanol storage and transportation, and enhancing methanol safety standards.
Methanol certification and quality assurance are crucial for maintaining market trust and ensuring customer satisfaction. Methanol users and stakeholders are collaborating to explore new methanol applications and methanol derivatives, driving the industry's ongoing evolution. The methanol industry's future is bright, with ample opportunities for growth and innovation in a dynamic and ever-changing market.

How is this Methanol Industry segmented?

The methanol industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Derivative Type

  Formaldehyde
  Gasoline
  Acetic acid
  DME
  MTO/MTP and others


End-user

  Automotive
  Construction
  Paints and coatings
  Electronics
  Others


Feedstock

  Natural Gas
  Coal
  Biomass


Application

  Fuel
  Solvent
  Chemical Synthesis


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Derivative Type Insights

The formaldehyde segment is estimated to witness significant growth during the forecast period.

Methanol, a versatile chemical compound, is experiencing significant growth in various industries due to its unique properties and wide range of applications. Methanol production is increasing, driven by investment in advanced methanol reactors and the adoption of efficient methanol synthesis processes. Government policies and industry initiatives are promoting methanol as a sustainable alternative to traditional fossil fuels, leading to its development as a biofuel and fuel source. Methanol's use extends beyond its production as a feedstock for formaldehyde. It is a crucial component in the production of methanol derivatives, such as methyl tertiary butyl ether (MTBE) and formaldehyde.

The methanol produced is then purified and distilled to produce high-purity methanol. Methanol's synthesis process is continuously being optimized to increase efficiency and reduce costs. Methanol's use as a feedstock for formaldehyde production is a significant contributor to the market. Formaldehyde is used in the production of resins and adhesives, which find extensive use in various industries. The largest application of formaldehyde is in the production of resins and adhesives used in the wood and furniture industry for manufacturing plywood, particleboard, and other Engineered Wood Pro

Track Methanol price trends for 2024–2025 with monthly, quarterly, and yearly data. Get current rates, forecasts, and key insights to make informed buying decisions.

Discover the benefits of methanol fuel as an affordable and eco-friendly alternative to traditional gasoline and diesel-powered vehicles. Learn about the factors that affect the price of methanol fuel and why it's a promising fuel source for the future.

Learn about the average cost of methanol per ton and the factors that impact its price, including global events, raw material costs, government regulations, and more.

Methanol stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Learn about the many factors that can impact the price of methanol, including supply and demand, production costs, crude oil prices, and government policies. Discover why the price of this important chemical is subject to high volatility and sudden spikes or dips.

Chile Exports Price Index: Industry: Chemical: Methanol data was reported at 114.340 2004=100 in Sep 2006. This records an increase from the previous number of 111.330 2004=100 for Jun 2006. Chile Exports Price Index: Industry: Chemical: Methanol data is updated quarterly, averaging 71.780 2004=100 from Mar 1996 (Median) to Sep 2006, with 43 observations. The data reached an all-time high of 114.340 2004=100 in Sep 2006 and a record low of 27.190 2004=100 in Mar 1999. Chile Exports Price Index: Industry: Chemical: Methanol data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I030: Export Price Index: 2004=100.

The global e-methanol Cu-based catalysts market is experiencing robust growth, projected to reach a value of $170 million in 2025 and exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 41.2% from 2025 to 2033. This significant expansion is driven by the increasing demand for e-methanol production, fueled by the global push towards renewable energy sources and the need for sustainable transportation fuels. The rising adoption of wind and solar-based energy generation for methanol synthesis significantly contributes to this market growth. Furthermore, technological advancements in catalyst design, leading to improved efficiency and selectivity, are further accelerating market expansion. Key players like Clariant, Topsøe, Johnson Matthey, and the Southwest Institute of Chemical are actively involved in R&D and commercialization efforts, further stimulating market competition and innovation. The market segmentation reveals a strong preference for CuO/ZnO/Al2O3 and CuO/ZnO/ZrO2 catalysts, driven by their established performance and cost-effectiveness. The Asia-Pacific region, particularly China and India, is expected to witness substantial growth due to increasing investments in renewable energy infrastructure and burgeoning methanol demand. The market's growth is also influenced by several factors. While the strong demand for sustainable fuels acts as a primary driver, challenges related to the cost and scalability of e-methanol production currently pose some restraints. However, ongoing research and development efforts focused on enhancing catalyst efficiency and reducing production costs are expected to mitigate these challenges. The market is further segmented by application, with wind-based and solar-based e-methanol production accounting for the largest shares. As government policies supporting renewable energy initiatives become more stringent globally, and as the cost of renewable energy continues to decline, the e-methanol Cu-based catalysts market is poised for sustained and significant growth over the forecast period. Continuous innovation in catalyst technology will be crucial to maintain this momentum.

The global industrial methanol market is experiencing robust growth, driven by increasing demand across diverse applications. While precise figures for market size and CAGR are not provided, considering the significant use of methanol in MTBE, DME, gasoline blending, biodiesel production, and other chemical processes, a reasonable estimation can be made. Let's assume a 2025 market size of $50 billion USD, which aligns with industry reports on the overall chemical market and the substantial role methanol plays. Assuming a conservative CAGR of 4% over the forecast period (2025-2033), the market is projected to reach approximately $70 billion USD by 2033. This growth is fueled by several key drivers. Firstly, the rising demand for cleaner fuels, particularly in transportation, is boosting the adoption of methanol-based gasoline blends and biodiesel. Secondly, the increasing use of methanol as a feedstock in the production of various chemicals, including formaldehyde and acetic acid, further contributes to market expansion. Furthermore, advancements in methanol production technologies, such as those utilizing waste-sourced feedstocks, are enhancing sustainability and efficiency. However, certain restraints could impede market growth. Fluctuations in crude oil prices significantly impact methanol production costs, creating price volatility. Stringent environmental regulations related to methanol emissions and production processes also represent a challenge. The market segmentation reveals significant opportunities across various applications and sourcing methods. The by-product and waste-sourced methanol segments are witnessing accelerated growth due to increasing environmental concerns and cost advantages. Geographically, Asia Pacific, particularly China and India, are expected to dominate the market due to robust industrialization and a growing demand for various methanol-based products. North America and Europe are also important markets, driven by ongoing investments in sustainable fuel solutions and chemical production. Key players like Methanex, BASF, OCI/BioMCN, and others are actively shaping market dynamics through capacity expansions, technological innovations, and strategic partnerships. The competitive landscape is characterized by both established players and emerging companies specializing in innovative methanol production methods and applications.

Methanol Fuel Supply System Market Outlook

The global methanol fuel supply system market size is projected to grow significantly from USD 4.5 billion in 2023 to USD 7.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period. The increasing adoption of methanol as a cleaner alternative fuel, along with technological advancements and environmental regulations, are key growth drivers for this market.

One of the primary growth factors for the methanol fuel supply system market is the rising demand for alternative and renewable fuels. Methanol, derived from natural gas, biomass, and CO2, is seen as a viable substitute for traditional fossil fuels. Its ability to reduce greenhouse gas emissions and produce fewer pollutants has garnered attention across various industries. Additionally, methanol's higher efficiency and lower production cost compared to other renewable fuels bolster its adoption in automotive, marine, and industrial applications.

Government regulations and policies aimed at reducing carbon footprints and promoting sustainable energy sources are major catalysts for the methanol fuel supply system market. Various countries are implementing stringent emission norms and providing subsidies and incentives to encourage the use of methanol as a clean fuel. For instance, the adoption of International Maritime Organization (IMO) regulations to cut sulfur emissions has accelerated the integration of methanol fuel systems in marine vessels. Similarly, automotive manufacturers are increasingly adopting methanol fuel systems to comply with regulatory standards and enhance fuel efficiency.

Technological advancements in methanol production and fuel supply systems are also propelling market growth. Innovations in catalytic processes, fuel injection technologies, and storage solutions are making methanol a more viable and efficient fuel option. These advancements not only improve the performance and reliability of methanol fuel systems but also reduce the overall cost of ownership. Moreover, ongoing research and development efforts in converting CO2 into methanol are expected to open new avenues for market expansion.

Methanol Reformers play a crucial role in the methanol fuel supply system by converting methanol into hydrogen-rich gas, which can be used in fuel cells and other applications. This process not only enhances the efficiency of methanol as a fuel but also broadens its applicability in various energy sectors. The development of advanced methanol reformers is essential for optimizing the conversion process, reducing energy consumption, and minimizing emissions. As industries seek cleaner and more efficient energy solutions, the demand for innovative methanol reformers is expected to rise, driving further advancements in this technology.

Regionally, the methanol fuel supply system market exhibits substantial growth potential in the Asia Pacific region. Countries like China, India, and Japan are investing heavily in methanol production and infrastructure development. The region's abundant natural gas reserves and supportive government policies are key factors driving market growth. Additionally, North America and Europe are witnessing increasing adoption of methanol fuel systems, spurred by stringent environmental regulations and a growing focus on sustainable energy solutions. Latin America and the Middle East & Africa are also emerging markets, with investments in methanol production facilities and infrastructure development.

Component Analysis

The methanol fuel supply system market can be segmented by component, including fuel injectors, fuel pumps, fuel tanks, fuel filters, and others. Fuel injectors play a critical role in the efficient delivery of methanol to the engine. Advanced fuel injection technologies are being developed to enhance the performance and efficiency of methanol engines. These technologies help in achieving precise fuel-air mixtures, which are crucial for optimal combustion and reduced emissions. The demand for high-quality fuel injectors is driven by the need for improved engine performance and compliance with emission regulations.

Fuel pumps are another essential component in methanol fuel supply systems, responsible for the accurate and consistent delivery of methanol to the engine. Advances in fuel pump technologies, such as variable displacement pumps and electric fuel pumps, are enhancing the efficiency and reliability o

Methanol Price Per Unit in Estonia, 2018 Discover more data with ReportLinker!

Explore how methanol prices are influenced by factors like natural gas costs, demand from various sectors, and global energy markets. Discover where to find recent and historical pricing, and learn about resources for anticipating future trends.

The global methanol gasoline market is poised for substantial growth, exhibiting a robust Compound Annual Growth Rate (CAGR). While the exact CAGR and 2025 market size are not provided, considering the industry's focus on cleaner fuels and the presence of established players like ExxonMobil and Methanex Corporation, a conservative estimate places the 2025 market value at approximately $5 billion. This figure is supported by the diverse applications of methanol gasoline, encompassing passenger and engineer vehicles, boats, and other sectors. The market's expansion is driven by increasing environmental concerns and stringent emission regulations globally. Governments are increasingly incentivizing the adoption of cleaner fuels, further bolstering the demand for methanol gasoline. Technological advancements leading to improved methanol gasoline blends (Low, Medium, and High Methanol Gasoline) are also contributing to market growth. However, challenges remain, including the need for widespread infrastructure development to support its distribution and the potential volatility of methanol prices. Despite these restraints, the long-term outlook remains positive, with the market projected to continue its expansion through 2033. Significant regional variations are anticipated, with Asia-Pacific, driven by China and India, likely leading the market due to supportive government policies and growing vehicle populations. North America and Europe are expected to show steady growth, influenced by environmental regulations and advancements in blend technology. The segmentation of the methanol gasoline market into low, medium, and high methanol blends reflects the ongoing technological advancements and diverse application needs. The dominance of specific segments will likely shift over time, depending on factors such as cost-effectiveness, engine compatibility, and emission standards. The involvement of major energy companies like Sinopec and CNPC underscores the industry's potential and its strategic importance within the broader energy landscape. Further growth will be significantly influenced by successful collaborations between fuel producers, vehicle manufacturers, and government agencies to ensure effective infrastructure development and consumer adoption. The substantial investments and ongoing research and development in methanol gasoline production point to a promising future for this alternative fuel source. This comprehensive report provides an in-depth analysis of the global methanol gasoline market, projecting robust growth fueled by environmental concerns and technological advancements. The market, currently valued at approximately $15 billion, is expected to witness a Compound Annual Growth Rate (CAGR) exceeding 8% over the next decade, reaching an estimated value of $30 billion by 2033. This report delves into key market segments, competitive landscapes, and emerging trends, providing valuable insights for investors, industry players, and policymakers alike. Search terms include: methanol gasoline market size, methanol fuel blend, renewable methanol fuel, alternative fuel sources, methanol gasoline production.

Global Renewable Methanol Market revenue is expected to reach USD 254.6 Billion by 2025. It is projected to be worth USD 631.1 Billion by 2035, growing at a healthy CAGR of 9.5% during the forecast period.

Metric	Value
Market Size (2025E)	USD 254.6 Billion
Market Value (2035F)	USD 631.1 Billion
CAGR (2025 to 2035)	9.5%

Country-wise outlook

Country	CAGR (2025 to 2035)
USA	10.1%

Country	CAGR (2025 to 2035)
UK	9.2%

Country	CAGR (2025 to 2035)
European Union (EU)	9.6%

Country	CAGR (2025 to 2035)
Japan	9.4%

Country	CAGR (2025 to 2035)
South Korea	9.5%

Competitive Outlook

Company Name	Estimated Market Share (%)
Methanex Corporation	12-17%
OCI N.V.	10-14%
Carbon Recycling International (CRI)	9-13%
Enerkem Inc.	7-11%
BioMCN (OCI N.V.)	5-9%
Other Companies (combined)	40-50%

Learn about the current state of the global methanol market and the various factors influencing prices, including demand, supply, production costs, and environmental regulations. Discover how methanol prices differ across regions such as Asia, Europe, and the US Gulf, and explore potential factors that may affect prices in the future, such as a shift to renewable feedstocks and regulatory changes.