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Latin America Methanol Market 2019-2027

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  • 56 Pages
  • July 2019
  • Region: Latin America
  • Triton Market Research
  • ID: 4791816
Market OutlookAccording to this research, the methanol market in Latin America is expected to proliferate with a CAGR of 4.76% in the forecast period of 2019-2027.Mexico, Brazil and countries in rest of Latin America together form the methanol market in the Latin American region. Bio-based products have witnessed a rising demand from end-users, and this is the primary factor which is expected to boost the bio-based chemical market in the coming years. Bio-based products primarily consist of plants & animals as their essential elements. They are generally made up of renewable resources which don’t contain any poisonous content or environment-damaging substances. Bio-based products help in making the economy more sustainable and also minimize the dependence on fossil fuels. The rise in the demand for bio based-products is growing faster with the benefits associated with the products such as the depletion of resources, climate change, efficient use of natural resources and less resource-intensive production. Thus, there is scope for the growth of the methanol market. Around 60% of the overall demand for methanol is for methanol derivatives like acetic acid and formaldehyde. These traditional chemicals are primarily used to manufacture consumer goods and industrial products. Economic activities influence the demand for these derivatives. Thus, the methanol market is negatively affected by any slowdown in the economy. Such slowdowns ultimately have an unfavorable impact on methanol prices.Competitive OutlookThe major organizations that have established their presence in the market are Qatar Fuel Additives Company Limited, Methanol Holdings (Trinidad) Limited (MHTL), BASF AG, Methanex Corporation, Celanese Corporation, Zagros Petrochemical Company (ZPC), Mitsui & Co., Ltd., Saudi Basic Industries Corporation, Valero Marketing and Supply Company, Teijin, Mitsubishi Chemicals and Petroliam Nasional Berhad (PETRONAS).

Table of Contents

1. Latin America Methanol Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Automotive Sector Holds the Largest Market Share
2.2.2. Formaldehyde is Widely Used Derivative of Methanol
2.3. Porter’s Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Intensity of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Rising Acceptance of the Mto Technology
2.6.2. Rise in the Demand For Petrochemicals
2.6.3. Need For Conventional Transportation Fuels
2.6.4. Promotion of Methanol as An Alternative Fuel By the Government
2.7. Market Restraints
2.7.1. Scarcity of Raw Materials
2.7.2. Use of Fuel Grade Ethanol or Bioethanol Instead of Methanol
2.8. Market Opportunities
2.8.1. Increase in the Demand For Bio-Based Products
2.8.2. Development in Technology For the Biorefining
2.8.3. Application of Methanol as a Marine Fuel
2.9. Market Challenges
2.9.1. Unstable Methanol Prices
2.9.2. Economic Slowdown Hinders the Demand For Methanol
2.9.3. Regulations and Policies
3. Methanol Market Outlook - By End-User
3.1. Automotive
3.2. Construction
3.3. Electronics
3.4. Paints and Coatings
3.5. Other End-Users
4. Methanol Market Outlook - By Derivatives
4.1. Formaldehyde
4.2. Acetic Acid
4.3. Gasoline
4.4. Dme
4.5. Mtbe & Tame
4.6. Other Derivatives
5. Methanol Market - Latin America
5.1. Brazil
5.2. Mexico
5.3. Rest of Latin America
6. Competitive Landscape
6.1. Basf Ag
6.2. Celanese Corporation
6.3. Qatar Fuel Additives Company Limited
6.4. Methanol Holdings (Trinidad) Limited (Mhtl)
6.5. Methanex Corporation
6.6. Mitsubishi Chemicals
6.7. Mitsui & Co., Ltd.
6.8. Petroliam Nasional Berhad (Petronas)
6.9. Saudi Basic Industries Corporation
6.10. Teijin
6.11. Valero Marketing and Supply Company
6.12. Zagros Petrochemical Company (ZPC)
7. Methodology & Scope
7.1. Research Scope
7.2. Sources of Data
7.3. Research Methodology
Table List
Table 1: Latin America Methanol Market, By Geography, 2019-2027 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Latin America Methanol Market, By Country, 2019-2027 (In $ Million)
Table 5: Latin America Methanol Market, By End-Users, 2019-2027 (In $ Million)
Table 6: Latin America Methanol Market, By Derivatives, 2019-2027 (In $ Million)
Figure List
Figure 1: Latin America Methanol Market, By End-User, 2018 & 2027 (In %)
Figure 2: Latin America Automotive Market For Methanol, 2019-2027 (In $ Million)
Figure 3: Latin America Formaldehyde Market, 2019-2027 (In $ Million)
Figure 4: Porter’s Five Force Analysis
Figure 5: Latin America Methanol Market, By Automotive, 2019-2027 (In $ Million)
Figure 6: Latin America Methanol Market, By Construction, 2019-2027 (In $ Million)
Figure 7: Latin America Methanol Market, By Electronics, 2019-2027 (In $ Million)
Figure 8: Latin America Methanol Market, By Paints and Coatings, 2019-2027 (In $ Million)
Figure 9: Latin America Methanol Market, By Other End-Users, 2019-2027 (In $ Million)
Figure 10: Latin America Methanol Market, By Formaldehyde, 2019-2027 (In $ Million)
Figure 11: Latin America Methanol Market, By Acetic Acid, 2019-2027 (In $ Million)
Figure 12: Latin America Methanol Market, By Gasoline, 2019-2027 (In $ Million)
Figure 13: Latin America Methanol Market, By Dme, 2019-2027 (In $ Million)
Figure 14: Latin America Methanol Market, By Mtbe & Tame, 2019-2027 (In $ Million)
Figure 15: Latin America Methanol Market, By Other Derivatives, 2019-2027 (In $ Million)
Figure 16: Latin America Methanol Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17: Brazil Methanol Market, 2019-2027 (In $ Million)
Figure 18: Mexico Methanol Market, 2019-2027 (In $ Million)
Figure 19: Rest of Latin America Methanol Market, 2019-2027 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Basf AG

  • Celanese Corporation

  • Qatar Fuel Additives Company Limited

  • Methanol Holdings (Trinidad) Limited (MHTL)

  • Methanex Corporation

  • Mitsubishi Chemicals

  • Mitsui & Co., Ltd.

  • Petroliam Nasional Berhad (Petronas)

  • SAudi Basic Industries Corporation

  • Teijin

  • Valero Marketing and Supply Company

  • Zagros Petrochemical Company (ZPC)