Methanol Market worth $26.6 Billion by 2025 - Exclusive Report by MarketsandMarkets™
APAC is expected to hold the largest market share in the global Methanol Market during the forecast period.
Asia Pacific accounted for the largest share of the Methanol Market in 2020. Factors such as the rapidly increasing consumption of methanol in the automotive, construction and pharmaceutical industries in countries such as China, Japan, India, South Korea and Australia have led to an increased demand for Methanol in the Asia Pacific region.
Celanese Corporation (Texas), BASF SE (Germany), Methanex Corporation (Canada), SABIC (Saudi Arabia), PETRONAS (Malaysia), Mitsubishi Gas Chemical Company (Japan), and Mitsui & Co., Ltd. (Japan) are the leading methanol manufacturers, globally.
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