Latin America Methanol Market To Upscale Significantly During 2022-2027, Driven By Wide Applications Of Its Derivatives
El informe del estudio de mercado de Informes de Expertos titulado, ’El Mercado Latinoamericano de Metanol, Informe y Pronóstico 2022-2027′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como materia prima, derivado, aplicación y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.
The market study report by Informes de Expertos titled, ‘Latin America Methanol Market 2022-2027’, gives structured insights into the market, examining its diverse segments and key variables such as raw material, derivative, application, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.
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Los aspectos más destacados del informe incluyen:
Visión general del mercado (2017-2027)
• CAGR para el período de pronóstico (2022-2027): 4,30%
El mercado latinoamericano de metanol fue valorado casi 2,06 mil millones de dólares en 2021. Las crecientes aplicaciones del metanol en diversas industrias de uso final están impulsando el mercado latinoamericano de metanol. Los derivados del metanol, como el formaldehído, el ácido acético y el MMA, se utilizan para hacer una amplia gama de compuestos y sustancias. El formaldehído se utiliza en la fabricación de bienes de consumo como muebles, alfombras, toallas de papel y cosméticos. Además, se anticipa que la demanda de formaldehído aumente en el sector de la automoción para la fabricación de componentes del sistema de combustible y pastillas de freno, así como en el sector de la construcción para la fabricación de madera contrachapada y tableros de partículas.
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Industry Definition and Major Segments
Methanol is a colourless, volatile, flammable liquid with the chemical formula CH3OH. It is also known as methyl alcohol or wood alcohol. It is used as a raw material in the production of a wide range of chemicals, from solvents to plastics. Due to methanol’s toxicity, it is usually mixed with ethyl alcohol to produce denatured alcohol, which has many industrial applications.
According to the raw material, the market is divided into:
• Coal
• Gas Natural
• Others
By derivative, the industry is segmented into:
• Formaldehyde
• Metanol a Olefinas (MTO)
• Dimethyl Terephthalate (DMT)
• Methyl Tert-Butyl Ether (MTBE)
• Acetic Acid
• Methyl methacrylate (MMA)
• Methylamines
• Others
By application, the report categorizes the industry into:
• Automotive
• Building
• Electronics
• Paints and Coatings
• Others
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
The Latin American methanol market is being driven by rising demand for alternative transportation fuels as crude oil reserves deplete and consumers shift to cleaner and more profitable fuels. Furthermore, the burgeoning use of methanol fuel cells due to the necessity of renewable energy and the green adoption of digitalization in many Latin American countries will drive the market even further.
Furthermore, methanol is used as a feedstock to synthesize a variety of chemicals, including formaldehyde, dimethyl ether, methyl tert-butyl ether, acetic acid and others which have applications in a variety of industries. Rising methanol demand in end-use industries such as chemicals and energy will drive the market. Furthermore, the growing interest for bio-based product offerings and the increasing use of methanol as a fuel is inducing in market expansion.
Key Market Players
The major players in the market are:
• Methanex Corporation
• SABIC
• Methanol Holdings (Trinidad) Limited
• Zagros Petrochemical Company
• Mitsubishi Gas Chemical Company, Inc
• BASF SE
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
About Us:
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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