Global Methanol Market - Procurement Intelligence Report

About Methanol Market
Methanol is a clear liquid chemical that is biodegradable and water-soluble. It is comprised of one-part carbon, one-part oxygen, and four parts hydrogen. It is commonly known as methyl alcohol (CH₃OH) and is produced from coal, natural gas, and renewable sources such as biomass, recycled carbon dioxide, and municipal waste. The spend momentum of this market will be attributed to the growing demand for the formaldehyde segment that is anticipated to grow at a CAGR of 5%-5.3% during the forecast period. Formaldehyde is extensively used as one of the chief raw materials to produce urea-alkyd resins that are currently experiencing high demand.

Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Methanol Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Methanol Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

• Breakthrough with respect to manufacturing methanol from carbon dioxide

Category management strategy

• Collaborating with suppliers that have expertise in methanol transportation

Procurement best practices

• Engage with suppliers that have holistic in-house logistics capabilities

Key questions answered in this report

• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

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