Why did the Methanol Price Change in July 2025? In the USA, the methanol Price Index declined by 21.4% quarter-over-quarter, the sharpest drop among all regions. The methanol demand outlook was tepid, with derivative markets (formaldehyde, acetic acid, coatings) showing no strong recovery.

Methanol fell to 2,235 CNY/T on September 30, 2025, down 1.19% from the previous day. Over the past month, Methanol's price has risen 0.40%, but it is still 12.52% lower than a year ago, 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.

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).

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Methanol Market Size 2025-2029

The methanol market size is valued to increase USD 6.83 billion, at a CAGR of 3.5% from 2024 to 2029. Rising demand for formaldehyde and its derivatives will drive the methanol market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 70% growth during the forecast period.
By Derivative Type - Formaldehyde segment was valued at USD 10.37 billion in 2023
By End-user - Automotive segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 33.23 million
Market Future Opportunities: USD 6832.10 million
CAGR : 3.5%
APAC: Largest market in 2023

Market Summary

The market represents a dynamic and continuously evolving industry, driven by the rising demand for formaldehyde and its derivatives in various applications. With a significant market share in the chemical industry, methanol is increasingly utilized in the production of resins, coatings, and other essential chemicals. However, the market landscape is influenced by various factors, including fluctuating methanol prices and regulatory requirements. For instance, according to recent reports, the global methanol capacity is expected to reach 120 million tons by 2027, growing at a steady pace due to increasing demand from the automotive and packaging industries. Despite these opportunities, challenges such as stringent regulations on methanol emissions and price volatility persist, necessitating innovative technologies and strategic partnerships to ensure market growth.

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

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How is the Methanol Market Segmented and what are the key trends of market segmentation?

The methanol industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Derivative TypeFormaldehydeGasolineAcetic acidDMEOthersEnd-userAutomotiveConstructionPaints and coatingsElectronicsOthersFeedstockNatural gasCoalGeographyNorth AmericaUSCanadaEuropeGermanyRussiaMiddle East and AfricaIranOmanAPACChinaIndiaIndonesiaRest of World (ROW)

By Derivative Type Insights

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

Methanol, a vital chemical intermediate, plays a significant role in various industries due to its versatile applications. Approximately 35% of methanol production is dedicated to the synthesis of formaldehyde, which is further utilized in the manufacturing of resins and adhesives. These formaldehyde-based resins, including urea-formaldehyde, phenol-formaldehyde, and melamine-formaldehyde, are extensively used in the wood and furniture industry for producing plywood, particleboard, and engineered wood products. The construction sector also relies on these resins for insulation foam, laminates, and fiberboards, which are applied in flooring, wall panels, and ceilings. The automotive industry incorporates formaldehyde-based resins in manufacturing interior components like dashboards, door panels, and other trim parts. The market exhibits a steady expansion, with current demand standing at around 50 million metric tons per annum. This growth can be attributed to the increasing adoption of methanol in the production of formaldehyde and its derivatives, particularly in the wood and furniture industry. Furthermore, the market is expected to witness a robust increase, with industry experts anticipating a growth of approximately 18% in demand over the next five years. Methanol production primarily involves catalytic conversion through steam reforming and methanol dehydration processes. Reactor design, process optimization, and yield improvement are crucial aspects of methanol synthesis. Distillation columns are employed to purify methanol, while methanol fuel cells and purification methods like carbon monoxide conversion and adsorption techniques ensure the production of high-quality methanol. Methanol is also used as a fuel additive blend, with applications in the transportation sector. It is also employed in the production of acetic acid, solvents like dimethyl ether, and octane rating improvement for gasoline through the production of MTBE. Hydrogen production and energy density calculations are essential components of methanol's energy efficiency analysis. The market is further characterized by the ongoing development of environmental impact assessment and emission reduction technologies, ensuring safety protocols, and the increasing adoption of renewable methanol production through processes like carbon capture and utilization and biomass gasification. The energy efficiency of the gasification process is a critical factor

In 2023, the amount of methanol (methyl alcohol) imported into Thailand surged to 2.3M tons, jumping by 207% on 2022.

In 2023, the amount of methanol (methyl alcohol) imported into Denmark reduced to 40K tons, falling by -12.1% compared with 2022.

In November 2023, the average methanol export price amounted to $490 per ton, almost unchanged from the previous month.

Taiwan Methanol market demand stood at nearly 1.3 million tonnes in 2023 and is expected to grow at a CAGR of 2.8% during the forecast period until 2034.

The global market size of Methanol is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Methanol Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Methanol industry. The key insights of the report:
1.The report provides key statistics on the market status of the Methanol manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Methanol industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Methanol Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Methanol as well as some small players. At least 12 companies are included:
* BASF
* Eastman Chemical
* Celanese
* Atlantic Methanol Production
* Methanex
* METAFRAX
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Methanol market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

After two years of decline, supplies from abroad of methanol (methyl alcohol) increased by 544% to 111 tons in 2023.

• The global industry was valued at US$ 22.0 Bn in 2023
• It is expected to grow at a CAGR of 3.4% from 2024 to 2034 and reach US$ 32.9 Bn by the end of 2034

Market Introduction

Regional Outlook

Methanol Market Snapshot

What is covered in the report about the “Canada Methanol Industry”? Read More

Methanol imports into Indonesia rose modestly to 980K tons in 2023, picking up by 2.1% against the previous year.

Production of methanol across the globe has been on a continual annual increase during the last few years. In 2022, methanol production is estimated to reach over *** million metric tons, an increase of nearly **** percent in comparison with the previous year. Since 2017, global production of methanol grew by roughly **** million metric tons. As with most commodities, the price of methanol has been continually increasing during the last two years. Uses of methanol Methanol, also known as methyl alcohol, is one of the most common petrochemicals globally, accounting for roughly ** percent of primary petrochemical consumption. The compound is an important building block to produce a large number of everyday products such as plastics, paints, cosmetics, and pharmaceuticals. Common methanol-derived chemicals include acetic acid, olefins, formaldehyde, silicone, and methyl methacrylate. Methanol can also be used as an alternative fuel with significantly lower emissions than conventional fuels. Methanex: a global methanol leader Methanex, a Canadian company headquartered in Vancouver, is the largest producer of methanol worldwide. The company’s methanol production amounted to some *** million metric tons in 2021. In that same year, Methanex’s revenue reached **** billion U.S. dollars, up from **** billion dollars recorded a year earlier. Other important methanol producers worldwide include Proman, Sabic, Yankuang, and Zagros.

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

What is covered in the report about the “Brazil Methanol Industry”? Read More

What is covered in the report about the “India Methanol Industry”? Read More

Methanol exports from Russia reduced sharply to 1.4M tons in 2023, declining by -16.6% compared with 2022 figures.

What is covered in the report about the “Indonesia Methanol Industry”? Read More