Global Methanol Market: Emergence of China as Leading Producer and Consumer a Definite Boon, Says Tmr

Transparency Market

Research

Methanol Market (Application - Formaldehyde, Acetic

Acid, MTBE, DME, and Gasoline) - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

Published Date

27-Oct-2016

118 Page Report

Buy Now

Request Sample

Press Release

Global Methanol Market: Emergence of China as Leading

Producer and Consumer a Definite Boon, says TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Methanol Market

REPORT DESCRIPTION

Methanol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

The global methanol market is characterized by the strong presence of a handful of regional companies with

an established customer base in various countries. These include Petroliam Nasional Berhad (PETRONAS),

Reliance Industries Limited, AR-RAZI Saudi Methanol Company, RAMA Petrochemicals Ltd., Shenhua Ningxia

Coal Industry Group Co. Ltd., and Gujarat Narmada Valley Fertilisers & Chemicals Limited.

Transparency Market Research notes that the market dynamics are increasingly dependent on long-term

contracts, the goodwill of companies, and a strong and unique product portfolio. Focusing on developing new

projects and alliances is also a key growth strategy adopted by leading players in the methanol market. For

instance, the acquisition of Ningdong Power, Xuzhou Power, and Zhoushan Power by Shenhua Ningxia Coal

Industry Group Co. Ltd. in 2015 was a business merger that strengthened the company’s presence in the local

as well as global market.

Get Sample Of This Research Report At :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1249

Formaldehyde Leads by Application despite Diminishing Market Share

By application, formaldehyde accounted for the dominant share of 29.6% in the global methanol market in

2015, followed by acetic acid. However, the market share of...