Methanol fell to 2,373 CNY/T on July 11, 2025, down 1.37% from the previous day. Over the past month, Methanol's price has risen 2.91%, but it is still 5.95% 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.

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.

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.

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).

Learn about the current methanol price per ton and the factors that influence it, including demand and supply, production costs, and global oil prices. Discover how geopolitical events and weather conditions affect the market, and explore the impact of renewable energy sources on the demand for methanol.

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

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.

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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

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.

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

The average methanol import price stood at $486 per ton in February 2025, with an increase of 3.1% against the previous month.

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.

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

The global methanol market size reached USD 38.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 56.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.4% during 2025-2033. The rapidly expanding chemical industry, widespread product employment in manufacturing antibiotics and antifungals, significant growth in the automotive industry, and the implementation of various government initiatives are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global methanol market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on the application.

Global Methanol market study report provides detailed information on forecasts by current market dynamics and growth opportunities. Globally, formaldehyde is the largest consumer of methanol as it is used in construction industries to produce glues & adhesives, permanent-press fabrics, paper product coatings and certain insulation materials.

Methanol imports into Germany expanded rapidly to 1.6M tons in 2023, surging by 7.6% against 2022.

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.

The global methanol market, currently valued at approximately $50 billion (estimated based on common market sizes and CAGR), is experiencing robust growth, projected to exceed a CAGR of 3.5% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing demand for methanol in the energy sector, particularly for applications like methanol-to-olefin (MTO) processes, methyl tert-butyl ether (MTBE) production, and blending in gasoline, fuels market growth. The burgeoning biodiesel industry further contributes to methanol's rising demand as a feedstock. Secondly, the traditional chemical applications of methanol, including its use in the production of formaldehyde, acetic acid, and other essential chemicals, remain strong and contribute significantly to market volume. Finally, ongoing technological advancements and efficiency improvements in methanol production are driving down costs and enhancing its competitiveness. However, factors such as fluctuating crude oil prices and the potential for stricter environmental regulations pose challenges to the industry's sustained growth trajectory. Regional growth is expected to be diverse. The Asia-Pacific region, particularly China and India, is anticipated to dominate the market due to its robust industrialization, growing energy needs, and significant investments in chemical manufacturing. North America and Europe will also witness considerable growth, fueled by the expanding energy and chemical sectors. However, the Middle East and Africa, while possessing substantial natural gas resources (a key raw material for methanol production), may experience slower growth due to infrastructural constraints and economic factors in certain countries. Competitive dynamics within the market are shaped by both established chemical giants and specialized methanol producers. The market's future hinges on continued technological innovation, sustainable production practices, and a shift towards renewable energy sources for methanol synthesis to address environmental concerns and ensure long-term market stability and growth. Recent developments include: January 2024: Enerkem announced that it will be retiring its Enerkem Alberta Biofuels (EAB) plant in Edmonton. The facility achieved its main objective of completing the commercial scale-up of Enerkem’s industry-leading technology with more than 15,000 hours of operation producing ethanol and methanol., January 2024: Fairway Methanol is a 50-50 joint venture between Mitsui & Co. and Celanese Corporation that began the production of methanol by using carbon dioxide emitted from plants surrounding the venture’s facility., January 2024: BASF SE and Envision Energy announced they would jointly develop technology to convert green hydrogen and CO2 into sustainable methanol. Envision Energy will develop its own process using BASF SE's catalyst technology and will then license it to its customers so that they can build larger, sustainable methanol or e-methanol plants., July 2023: A joint venture between Enerkem and Dimeta announced that it would initiate feasibility studies for the development of two large-scale projects that would convert waste into renewable and recycled carbon dimethyl ether (DME)., November 2022: Petronas moved forward with the construction of a new methanol facility, which is slated to add 1.75 million tons of production capacity to the company's already operational 2.4 million tons of methanol production capacity. The project, which was set to be completed in March 2023, is located in Bintulu Sarawak, Malaysia., February 2022: Linde announced the expansion of its existing agreement with Celanese Corporation to supply carbon dioxide and hydrogen to the Celanese manufacturing facility in Clear Lake, Texas, to produce methanol. This agreement would help the company reduce its carbon footprint during its operation, contributing to the preservation of the environment and helping the company strengthen its business portfolio.. Key drivers for this market are: Expanding Petrochemical Sector in China, United States, and Other Asia-Pacific Countries, Rising Demand for Methanol-based Fuel; Increasing Utilization of Methanol in the Production of Olefins. Potential restraints include: Expanding Petrochemical Sector in China, United States, and Other Asia-Pacific Countries, Rising Demand for Methanol-based Fuel; Increasing Utilization of Methanol in the Production of Olefins. Notable trends are: Energy-related Applications to Dominate the Market.

The Ultra High Purity Methanol market, valued at $791 million in 2025, is projected to experience robust growth, driven by increasing demand from various sectors. The 7.7% CAGR from 2025 to 2033 signifies a significant expansion, primarily fueled by the burgeoning electronics industry's need for high-purity solvents in semiconductor manufacturing and related applications. Furthermore, the pharmaceutical and biotechnology industries contribute significantly to market growth, leveraging ultra-high purity methanol in the production of advanced drug delivery systems and various chemical intermediates. Stringent regulatory compliance regarding chemical purity in these sectors acts as a key driver, fostering demand for high-quality methanol. Competitive pricing strategies adopted by major manufacturers, such as Scharlau, Honeywell, and Merck, further contribute to market expansion, enhancing accessibility for a wider range of applications. Market restraints include fluctuations in crude oil prices, impacting methanol production costs. Sustainability concerns are also emerging, driving a need for more environmentally friendly methanol production methods. However, ongoing research and development efforts towards sustainable and efficient production techniques are expected to mitigate these challenges. The market segmentation analysis, although not explicitly provided, likely reveals diverse applications driving specific growth within segments like electronics, pharmaceuticals, and specialty chemicals. Geographical market analysis would highlight regions with high concentrations of key industries, such as East Asia, North America, and Europe, leading to varied growth rates across regions. The forecast period (2025-2033) indicates continued expansion, offering considerable opportunities for market players to innovate and capitalize on the growing demand for ultra-high-purity methanol.

Methanol imports into Thailand skyrocketed to 2.3M tons in 2023, rising by 207% compared with 2022 figures.