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Methanol market report outlook:
Methanol is used in Synthetic fibres, textiles, inks, and pesticides industries because of its wide range of uses such as fuel because of its less inflammability, solvent, antifreeze, & also used to prepare other chemicals.
The scope of OG Analysis report is to present Methanol market based on segmentation by Formaldehyde, MTP, MTBE, Dimethyl Terephthalate, Acetic Acid, Dimethyl Ether, Methyl Methacrylate, Methylamines, Tertiary Amyl Methyl Ether derivatives, by End-user, & Regions
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North America
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Europe
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Asia-Pacific
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South and Central America
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ROW
Methanol market size, price & production:
The Qualitative and Quantitative Methanol Market is estimated to report a year-on-year increase of 15.88% during 2019 over 2018. The demand for increased production of Methanol is mainly contributed by developing countries as a result of population thickening.
Methanol market analysis & demand:
Methanol market is blasting in the automotive industry as transportation fuel at truly affordable cost, and because of simple accessibility, distribution, and efficient combustion. Among the major applications such as vinyl acetate monomer, purified terephthalic acid, acetate esters, acetic anhydride; Vinyl acetate monomer was the biggest application section for the market representing largest consumer of the worldwide acetic acid in previous years. Acetate esters market remained the strongest growth segment for its increased demand from the coatings industry. Region wise China is dominating the market from Asia-pacific.
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Key players:
Celanese Corporation
BASF SE
Methanex Corporation
SABIC
Petroliam Nasional Berhad (Petronas)
Mitsubishi Gas Chemical Co., Inc. (MGC)
Valero Marketing and Supply Company
Mitsui & Co., Ltd.
Zagros Petrochemical Company (ZPC)
Methanol Holdings (Trinidad) Limited(MHTL)
Related reports
2019 Future of Direct Methanol Fuel Cells (DMFC) Market Outlook to 2025
2019 Future of Global Formaldehyde Market to 2025
2019 Future of Global Dimethyl Terephthalate and Terephthalic Acid Market to 2025
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