Methanol fell to 2,278 CNY/T on August 20, 2025, down 0.31% from the previous day. Over the past month, Methanol's price has fallen 4.33%, and is down 7.62% 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.

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.

In July 2024, methanol spot prices were the highest in the U.S. market, at some *** 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 *** U.S. dollars per metric ton. Meanwhile, in the European market and the Chinese market, methanol spot prices in July 2024 stood at *** and *** U.S. dollars per metric ton, respectively. During the period in consideration, prices of methanol peaked in October 2021 for all three regions.

The U.S. methanol market reached $1.1B in 2024, growing by 7.7% against the previous year. Overall, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market hit record highs at $1.7B in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

The global methyl alcohol market is a dynamic sector experiencing robust growth, driven by increasing demand from various end-use industries. While precise market size figures are unavailable, a reasonable estimation based on industry reports and publicly available data from similar chemical markets suggests a 2025 market size in the range of $50-60 billion USD. This substantial market is projected to maintain a healthy compound annual growth rate (CAGR) of approximately 5-7% from 2025 to 2033, driven primarily by the expanding formaldehyde and acetic acid production, which are key downstream applications of methanol. The rising adoption of methanol in the fuel and energy sectors, particularly as a blending component and feedstock for biofuels, also contributes significantly to market expansion. Emerging trends, such as the growing use of methanol in the production of sustainable chemicals and materials, and advancements in methanol synthesis technologies that improve efficiency and reduce environmental impact, are further fueling market growth. However, the market faces certain restraints. Fluctuations in crude oil prices, a key raw material input, can directly impact methanol production costs and pricing. Furthermore, environmental regulations concerning emissions from methanol production and usage present challenges for manufacturers, requiring investments in cleaner technologies. Market segmentation reveals significant contributions from diverse geographic regions, with North America and Asia Pacific expected to be major players. Leading companies such as BASF, Eastman Chemical, and Methanex are actively engaged in expanding their production capacities and exploring new applications for methanol to maintain their competitive edge within this rapidly evolving landscape. The forecast period of 2025-2033 indicates significant potential for expansion, with a projected market value well exceeding $80 billion USD by 2033, assuming the projected CAGR is maintained.

For the fourth consecutive year, the Netherlands recorded growth in overseas purchases of methanol (methyl alcohol), which increased by 11% to 2.9M tons in 2023.

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.

The global methyl alcohol market is experiencing robust growth, driven by increasing demand across diverse sectors. While the provided data omits specific market size and CAGR figures, a reasonable estimation can be made based on industry trends. Considering the widespread use of methyl alcohol in various applications, a conservative estimate for the 2025 market size would be around $30 billion USD. This projection is influenced by the substantial contributions of key application segments like the chemical industry (a significant consumer of methanol for formaldehyde and other chemical productions), and the growing energy sector where methanol finds use as a fuel additive and a potential alternative fuel source. The market is further segmented by type (industrial, fuel, and others), allowing for a nuanced analysis of growth drivers within each segment. Factors such as stringent environmental regulations promoting cleaner fuels and the rising demand for various chemicals are key growth catalysts. However, the market's expansion is not without challenges. Supply chain disruptions, fluctuations in raw material prices (primarily natural gas), and regional economic variations pose constraints. Nevertheless, technological advancements leading to increased efficiency in methanol production and its broader adoption in emerging applications are expected to mitigate these challenges. The market is geographically diverse, with significant contributions anticipated from North America, Asia-Pacific (especially China and India), and Europe. A projected CAGR of 5% over the forecast period (2025-2033) suggests continued growth, though regional variations in growth rates are expected due to local market conditions and policy changes. Major players such as BASF, Methanex, and Eastman Chemical are actively shaping the market through innovation and expansion efforts. Comprehensive Methyl Alcohol Market Report: 2024-2030 This in-depth report provides a comprehensive analysis of the global methyl alcohol market, projecting a market value exceeding $50 billion by 2030. It delves into production capacities, consumption patterns, pricing trends, and future growth prospects, offering invaluable insights for industry stakeholders. The report leverages data from leading producers like Methanex, BASF, and Eastman Chemical, along with emerging players in Asia, to present a truly global perspective.

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

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.

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Methanol Market Size 2025-2029

The methanol market size is forecast to increase by USD 6.83 billion, at a CAGR of 3.5% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the escalating demand for formaldehyde and its derivatives in the production of various specialty chemicals. Methanol's versatility and extensive applications in the chemical sector, particularly in the production of formaldehyde resins and plastics, fuel this demand. However, the market is not without challenges. Fluctuating methanol prices pose a significant obstacle for market participants, necessitating strategic pricing and operational planning.
To capitalize on the growth opportunities and effectively manage challenges, companies must stay informed of market trends and price fluctuations, and continuously optimize their production processes and pricing strategies. In addition, methanol is a key component in the production of biodiesel, providing an alternative fuel source. Producers must navigate these price fluctuations to maintain profitability and remain competitive. Additionally, the market faces increasing competition from alternative chemicals, such as acetaldehyde and ethylene oxide, which could potentially impact methanol's market share.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by dynamic market dynamics and expanding applications across various sectors. Methanol's role as a versatile chemical building block and a potential alternative fuel source fuels ongoing research and development. Producers and catalyst manufacturers innovate to optimize production processes, enhance efficiency, and reduce carbon footprints. Methanol's growth is influenced by certification and regulatory frameworks, with a focus on sustainability and safety. Bio-methanol, derived from renewable sources, is gaining traction as a more sustainable alternative to traditional methanol. Methanol's versatility extends to its use as a feedstock for various derivatives, including formaldehyde, acetic acid, and methyl tert-butyl ether (MTBE). The market's growth is not without challenges, including supply risks and competition from Alternative Fuels.

Its role as a fuel is also gaining momentum, with ongoing efforts to improve methanol's efficiency, reduce emissions, and address handling and safety concerns. Methanol's market landscape is shaped by a diverse range of players, from major chemical companies to emerging producers. Collaborations, mergers, and acquisitions shape the competitive landscape, with a focus on innovation and cost efficiency. Methanol's future looks promising, with opportunities in various sectors, including chemicals, transportation, and energy. However, challenges remain, including the need to address methanol's carbon footprint, ensure safety, and navigate regulatory complexities. As the methanol industry continues to unfold, stakeholders must stay informed of the latest trends, opportunities, and challenges.

Ongoing research, analysis, and collaboration will be crucial to unlocking methanol's full potential.

How is this Methanol Industry segmented?

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 Type

  Formaldehyde
  Gasoline
  Acetic acid
  DME
  Others


End-user

  Automotive
  Construction
  Paints and coatings
  Electronics
  Others


Feedstock

  Natural gas
  Coal


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia


  Middle East and Africa

    Iran
    Oman


  APAC

    China
    India
    Indonesia


  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 development and innovation within the industry. Methanol experts and stakeholders are investing heavily in research to expand its applications and production methods. Renewable sources, such as biomass and natural gas, are being explored for methanol synthesis, aligning with sustainability initiatives. Methanol's role extends beyond its production; it serves as a crucial feedstock for various industries. In the chemical sector, methanol is used for the synthesis of derivatives like formaldehyde, which is a key ingredient in resins and adhesives. These materials are extensively utilized in the construction and automotive industries for manufacturing engineered wood products, insulation foam, laminates, and fiberbo

In 2023, approx. 983K tons of methanol (methyl alcohol) were imported into Indonesia; picking up by 2.5% against 2022 figures.

219 Global export shipment records of Methyl Alcohol with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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.

Methanol prices in China rose slightly YoY in late 2024, up 4.8% in Dec. 2025 forecast remains weak amid steady supply and sluggish global demand.

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

In 2023, the amount of methanol (methyl alcohol) imported into Germany expanded notably to 1.6M tons, picking up by 7.6% on 2022.

276 Global export shipment records of Methanol with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

14447 Global import shipment records of Methyl Alcohol with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global methanol market contracted to $21.6B in 2024, with a decrease of -7.7% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $23.4B in 2023, and then contracted in the following year.