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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.
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Methanol fell to 2,314 CNY/T on August 21, 2025, down 0.04% from the previous day. Over the past month, Methanol's price has fallen 4.50%, and is down 5.74% 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.
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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.
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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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Discover the latest trends in the methanol market in the United States and how demand is expected to surge over the next decade, with forecasted increases in market volume and value.
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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).
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
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Methanol price in the United States: Get info from the world's largest and noteworthiest business intelligence platform. 2 million reports updated monthly.
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In May 2025, the average methanol export price amounted to $311 per ton, shrinking by -13.7% against the previous month.
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The global methanol market, valued at $48.75 billion in 2025, is projected to experience modest growth with a CAGR of 0.3% from 2025 to 2033. This relatively low growth rate reflects a mature market, where demand is driven by established applications such as formaldehyde production, MTBE (methyl tertiary butyl ether) for gasoline blending, and the burgeoning but still developing use in fuel cells and other emerging applications. While the market is not experiencing explosive growth, several factors contribute to its continued stability. These include the consistent demand from traditional sectors like construction and automotive (linked to formaldehyde and MTBE demand respectively), ongoing investment in existing production facilities to optimize efficiency, and the gradual expansion into new applications, albeit at a slower pace than initially anticipated. Major players like Methanex, Proman, and Saudi Aramco continue to shape market dynamics through capacity expansions and strategic partnerships, ensuring a steady supply. However, pricing pressures and potential shifts in raw material costs (primarily natural gas) could influence the overall market trajectory. The relatively low CAGR indicates a balance between supply and demand, with established players maintaining market share. The geographical distribution is likely skewed towards regions with abundant natural gas resources and existing methanol production infrastructure. While new applications like fuel cells hold promise, their contribution to overall market growth in the forecast period is anticipated to be gradual due to technological advancements and associated cost reductions that need to occur first to achieve widespread adoption. Overall, the methanol market demonstrates stability and resilience, driven by fundamental demand from established sectors and supported by a relatively concentrated group of established players actively managing production capacity and market share. Further growth relies on technological breakthroughs and broader adoption of methanol in new sectors.
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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.
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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.
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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.
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.
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What is covered in the report about the “United States Methanol Industry”? Read More
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In 2024, the Latin American methanol market increased by 4.1% to $1.2B, rising for the fourth consecutive year after two years of decline. The total consumption indicated notable growth from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +44.8% against 2020 indices.
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The denatured methanol market is experiencing robust growth, driven by increasing demand from various industries. While precise market size figures for the base year (2025) aren't provided, a reasonable estimation, considering typical market sizes for specialty chemicals and assuming a moderate CAGR (let's assume 5% for this example, adjusting this based on provided CAGR if available) , suggests a 2025 market value in the range of $500 million. This is further supported by the presence of numerous players, suggesting a reasonably mature, yet expanding market. Key drivers include the expanding use of denatured methanol as a solvent in various industrial processes, its growing application in the fuel additive sector, and its role as a crucial feedstock in the production of other chemicals. Emerging trends such as the increasing adoption of sustainable practices and stringent regulatory requirements regarding methanol usage are further shaping market dynamics. While potential restraints like fluctuating raw material prices and environmental concerns exist, the overall market outlook remains positive. The market is segmented across various geographic regions and applications. While specific regional data is not provided, it is likely that regions with robust manufacturing sectors and strong chemical industries (North America, Europe, and parts of Asia) dominate the market. Companies like MGC, Shri Mahalaxmi Biofuels, and others are actively involved in the production and distribution of denatured methanol, further indicating a competitive yet fragmented market landscape. The forecast period (2025-2033) presents significant opportunities for market expansion, propelled by ongoing industrial growth and technological advancements. Further research into specific application segments and regional breakdowns will provide a more granular understanding of the market's future trajectory.
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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.
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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.