Insights on the Methanol Market in North America to 2027
DUBLIN–(BUSINESS WIRE)–The “North America Methanol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The North America methanol market size reached 8.8 Million Tons in 2021. Looking forward, the publisher expects the market to reach 13.2 Million Tons by 2027, exhibiting a CAGR of 6.99% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Methanol, also known as wood alcohol, is a colorless, water-soluble liquid with a mild alcoholic odor. It presents an excellent way to store and transport energy conveniently and safely. Methanol is used in fuel cells as a direct reagent or indirectly as a source of hydrogen. In the chemical industry, methanol is used mainly for manufacturing formaldehyde, acetic acid, dimethyl terephthalate (DMT) and other solvents. Similarly, in the energy industry, it is employed in the manufacturing of methyl tertiary butyl ether (MTBE), tertiary amyl methyl ether (TAME), dimethyl ether (DME) and biodiesel.
The North America methanol market is currently being driven by various factors. Methanol offers long term possibilities for reducing greenhouse gas emissions. Therefore, the rising environmental concerns among the consumers have stimulated the usage of methanol as a safer fuel owing to its low rate of evaporation and low radiant heat energy.
In addition to this, it biodegrades easily and can be a safer replacement of products such as crude oil, gasoline and diesel fuel. Apart from this, methanol can be manufactured from a variety of carbon-based feedstock such as natural gas, coal and biomass. These raw materials are readily available in the market and thus driving the production of methanol in the region.
Key Questions Answered in This Report:
- How has the North America methanol market performed so far and how will it perform in the coming years?
- What are the key regions in the North America methanol market?
- What has been the impact of COVID-19 on the North America methanol market?
- What is the breakup of the North America methanol market on the basis of application?
- What are the various stages in the value chain of the North America methanol industry?
- What are the key driving factors and challenges in the North America methanol industry?
- What is the structure of the North America methanol industry and who are the key players?
- What is the degree of competition in the North America methanol industry?
- What are the profit margins in the North America methanol industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Physical and Chemical Properties
4.3 Key Industry Trends
5 Global Methanol Market
5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Region
5.4 Market Forecast
6 North America Methanol Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Methanol Market: Breakup by Application
7.1 Formaldehyde
7.2 Dimethyl Ether
7.3 Gasoline
7.4 Chloromethane
7.5 MTBE/TAME
7.6 Acetic Acid
7.7 Others
8 North America Methanol Market: Imports and Exports
8.1 Imports
8.2 Exports
9 North America Methanol Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Application
9.1.3 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Application
9.2.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Raw Material Mining and Extraction
11.3 Manufacturing
11.4 Distribution
11.5 Export
11.6 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/3kqlv4
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