Middle East and Africa Methanol Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Derivative [Formaldehyde, Acetic Acid, Methanol-to-Olefins (MTO)/Methanol-to-Propylene (MTP), Methyl Tertiary-Butyl Ether (MTBE), Methyl Methacrylate (MMA), Biodiesel (Gasoline Blending), Dimethyl Ether (DME), and Others] and End-Use Industry (Automotive, Construction, Electronics, Packaging, Pharmaceuticals, Paints and Coatings, and Others)
The Middle East and Africa methanol market is expected to reach US$ 5,624.62 million by 2028 from US$ 3,810.97 million in 2021; it is expected to grow at a CAGR of 5.7% from 2021 to 2028.
Green methanol can cut carbon emissions significantly without using coal or natural gas as its feedstock. The research aims to develop clean energy technology with a high degree of flexibility and broad applications within the shipping industry. The research program budget is estimated at over US$ 40 million. Thus, the rising investments in green methanol technology are expected to propel the Middle East and Africa methanol market growth in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the growth of the Middle East and Africa methanol market during the forecast period.
Middle East and Africa Methanol Market Revenue and Forecast to 2028 (US$ Million)
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Middle East and Africa Methanol Market Segmentation
The Middle East and Africa methanol market is segmented on the basis of derivative and end-use industry.Based on derivative ,the Middle East and Africa methanol market is segmented into formaldehyde, acetic acid, methanol-to-olefins (MTO)/methanol-to-propylene (MTP), methyl tertiary-butyl ether (MTBE), methyl methacrylate (MMA), biodiesel (gasoline blending), dimethyl ether (DME), and others. Based on end-use industry, the market is segmented into automotive, construction, electronics, packaging, pharmaceuticals, paints and coatings, and other. By country, the Middle East and Africa methanol market is segmented into South Africa, Saudi Arabia, the UAE, and the rest of Middle East and Africa.
Middle East and Africa Methanol Market Companies
Methanex Corporation, OCI N.V., BASF SE, SABIC, HELM AG, Celanese Corporation, Zagros Petrochemical co., and LyondellBasell Industries Holdings B.V are among the leading companies in the Middle East and Africa methanol market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Middle East And Africa Methanol Market, by Derivative
1.2.2 Middle East And Africa Methanol Market, by End Use Industry
1.2.3 Middle East And Africa Methanol Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East And Africa Methanol Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East And Africa Methanol Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing use of Methanol as Feedstock in Various Applications
5.1.2 Rising Application of Methanol in Construction Activities
5.2 Market Restraints
5.2.1 Detrimental Effect of Methanol on Human Health
5.3 Market Opportunities
5.3.1 Growing Adoption of Methanol as Blended Fuel in Transportation Industry
5.4 Future Trends
5.4.1 Rising Trend of Green Methanol
5.5 Impact Analysis
6. Middle East and Africa Methanol –Country Market Analysis
6.1 Middle East And Africa Methanol Market Overview
6.2 Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Mn)
7. Middle East And Africa Methanol Market Analysis – By Derivative
7.1 Overview
7.2 Middle East And Africa Methanol Market, By Derivative (2020 and 2028)
7.3 Formaldehyde:
7.3.1 Overview
7.3.2 Formaldehyde: Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.4 Acetic Acid
7.4.1 Overview
7.4.2 Acetic Acid: Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.5 Methanol-to-Olefins (MTO)/Methanol-to-Propylene (MTP)
7.5.1 overview
7.5.2 Methanol-to-Olefins (MTO)/Methanol-to-Propylene (MTP): Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.6 Methyl Tertiary-Butyl Ether (MTBE)
7.6.1 Overview
7.6.2 Methyl tertiary-butyl ether (MTBE): Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.7 Methyl methacrylate (MMA)
7.7.1 Overview
7.7.2 Methyl methacrylate (MMA): Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.8 Biodiesel (Gasoline Blending)
7.8.1 Overview
7.8.2 Biodiesel (Gasoline Blending) : Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.9 Dimethyl Ether (DME)
7.9.1 Overview
7.9.2 Dimethyl ether (DME):Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
7.10 Others
7.10.1 Overview
7.10.2 Others: Middle East And Africa Methanol Market– Revenue and Forecast to 2028 (USD Mn)
8. Middle East And Africa Methanol Market Analysis – By End-Use
8.1 Overview
8.2 Automotive
8.2.1 Overview
8.2.2 Automotive: Middle East And Africa Methanol Market – Revenue and Forecast to 2028 (US$ Million)
8.3 Construction
8.3.1 Overview
8.3.2 Construction: Middle East And Africa Methanol Market – Revenue and Forecast To 2028 (US$ Million)
8.4 Electronics
8.4.1 Overview
8.4.2 Electronics: Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Packaging
8.5.1 Overview
8.5.2 Packaging: Middle East And Africa Methanol Market – Revenue and Forecast To 2028 (US$ Million)
8.6 Pharmaceuticals
8.6.1 Overview
8.6.2 Pharmaceuticals: Middle East And Africa Methanol Market – Revenue and Forecast To 2028 (US$ Million)
8.7 Paints and Coatings
8.7.1 Overview
8.7.2 Paints and Coatings: Middle East And Africa Methanol Market – Revenue and Forecast To 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Middle East And Africa Methanol Market – Revenue and Forecast To 2028 (US$ Million)
9. Middle East And Africa Methanol Market – Country Analysis
9.1 Overview
9.2 Middle East and Africa: Middle East And Africa Methanol Market
9.2.1 Middle East and Africa: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.1 South Africa: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.1.1 South Africa: Middle East And Africa Methanol Market, by Derivative
9.2.1.1.2 South Africa: Middle East And Africa Methanol Market, by End Use Industry
9.2.1.2 Saudi Arabia: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.2.1 Saudi Arabia: Middle East And Africa Methanol Market, by Derivative
9.2.1.2.2 Saudi Arabia: Middle East And Africa Methanol Market, by End Use Industry
9.2.1.3 UAE: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.3.1 UAE: Middle East And Africa Methanol Market, by Derivative
9.2.1.3.2 UAE: Middle East And Africa Methanol Market, by End Use Industry
9.2.1.4 Rest of MEA: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.4.1 Rest of MEA: Middle East And Africa Methanol Market, by Derivative
9.2.1.4.2 Rest of MEA: Middle East And Africa Methanol Market, by End Use Industry
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. COMPANY PROFILES
11.1 Methanex Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 OCI N.V.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 BASF SE
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 SABIC
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 HELM AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Celanese Corporation
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Zagros Petrochemical co.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 LyondellBasell Industries Holdings B.V.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East And Africa Methanol Market, by Derivative – Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East And Africa Methanol Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Middle East And Africa Methanol Market, by Derivative – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Middle East And Africa Methanol Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Middle East And Africa Methanol Market, by Derivative – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Middle East And Africa Methanol Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE Middle East And Africa Methanol Market, by Derivative – Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Middle East And Africa Methanol Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of MEA Middle East And Africa Methanol Market, by Derivative – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of MEA Middle East And Africa Methanol Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms, Middle East And Africa Methanol Market
LIST OF FIGURES
Figure 1. Middle East And Africa Methanol Market Segmentation
Figure 2. Middle East And Africa Methanol Market Overview
Figure 3. Middle East And Africa Methanol Market, By Derivative
Figure 4. Middle East And Africa Methanol Market, by Country
Figure 5. Porter's Five Forces Analysis
Figure 6. Middle East And Africa Methanol Market - Ecosystem
Figure 7. Expert Opinion
Figure 8. Middle East And Africa Methanol Market Impact Analysis of Drivers and Restraints
Figure 9. Country Overview of Middle East And Africa Methanol Market
Figure 10. Middle East And Africa Methanol Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. Middle East And Africa Methanol Market Revenue Share, by Derivative (2020 and 2028)
Figure 12. Formaldehyde: Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 13. Acetic Acid: Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 14. Methanol-to-Olefins (MTO)/Methanol-to-Propylene (MTP): Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 15. Methyl tertiary-butyl ether (MTBE): Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 16. Methyl methacrylate (MMA):: Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 17. Biodiesel (Gasoline Blending):Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 18. Dimethyl ether (DME):Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 19. Others: Middle East And Africa Methanol Market– Revenue and Forecast To 2028 (USD Mn)
Figure 20. Middle East And Africa Methanol Market Revenue Share, by End Use Industry (2020 and 2028)
Figure 21. Automotive: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Construction: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Electronics: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Packaging: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Pharmaceuticals: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Paints and Coatings: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Others: Middle East And Africa Methanol Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Middle East And Africa Methanol Market Revenue Share, by Region (2021 and 2028)
Figure 29. Middle East and Africa: Middle East And Africa Methanol Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Africa: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Saudi Arabia: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. UAE: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of MEA: Middle East And Africa Methanol Market –Revenue and Forecast to 2028 (US$ Million)
- Methanex Corporation
- OCI N.V.
- BASF SE
- SABIC
- HELM AG
- Celanese Corporation
- Zagros Petrochemical co.
- LyondellBasell Industries Holdings B.V.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa Methanol Market.
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