Cognitive Computing Authors: Elizabeth White, Pat Romanski, Yeshim Deniz, William Schmarzo, Shelly Palmer

News Feed Item

Global Methanol Industry Growth Driven by APAC, Led by China

DALLAS, August 20, 2014 /PRNewswire/ --

China is driving the global methanol industry, with tremendous demand from both its energy and petrochemicals sectors says "Global Demand, Capacity and Prices for Methanol - China to Remain the Dominant Market"; an August 2014 published research report of 60 pages now available with MarketOptimizer.org. China accounts for 87.9% of Asia-Pacific's (APAC) methanol capacity, and 51.9% of the global methanol capacity. Despite a large planned capacity increase in other countries, China will remain the dominant power in the methanol industry, with a share of 44.8% of the global capacity by 2018.

China has huge demand for methanol for gasoline blending in the transportation fuel sector, and its plan to implement a mandatory 15% blending in gasoline is likely to see methanol consumption increase substantially in the future. Global Demand, Capacity and Prices for Methanol - China to Remain the Dominant Market research report is available at http://www.marketoptimizer.org/global-demand-capacity-and-prices-for-methanol-china-to-remain-the-dominant-market.html .

In the petrochemicals sector, methanol demand is driven by the adhesives, solvents, foams, plastics and paints industries. Steady growth in the Chinese economy is likely to create more demand from these sectors, and drive capacity. Furthermore, plans to develop additional Methanol to Olefins (MTO) capacity is forecast to occur in China. There are five active MTO plants in the country, as well as 13 planned MTO facilities with a capacity of around 9 million metric tons per year (mmty). Once all of these plants are operational, the requirement for methanol to be used as a feedstock will increase, and result in more methanol capacity being constructed. The following figure shows the estimated global methanol capacity share by country in 2013 and 2018.

China and the US to Add the Most Capacity in the Next Five Years 

China and the US will be the largest contributors to methanol capacity, and will account for 49% of the global capacity addition over the next five years. In China, a demand-side push will drive capacity expansions, in turn increasing local methanol production. The country has 17 planned methanol plants, with a total capacity of 22.17 mmty. In the US, the capacity expansion will be driven by increasing shale gas production, which provides abundant and cheap natural gas feedstock for methanol production. There are eight planned methanol plants In the US, with a total capacity of 9.66 mmty.

Iran will be the third-largest capacity contributor over the next five years. Its capacity will be export-oriented, catering mainly to the Chinese market. It has five plants planned, with a total capacity of 8.72 mmty.

Companies like Methanex Corporation (Methanex), Methanol Holdings (Trinidad) Limited and Mitsubishi Gas Chemical have been discussed in this research report available for purchase at http://www.marketoptimizer.org/contacts/purchase?rname=9628 .

Prices Expected to Increase Steadily 

Methanol prices are expected to grow at a steady rate over the next five years, although there will be regional variation:

• The Middle East will remain the most economical region in which to produce methanol, meaning its prices will remain low.

• North American methanol prices are expected to reduce due to a decline in the cost of production, and stagnant regional demand.

• In South America and APAC, prices are likely to witness a gradual increase due to strong demand.

• European prices may decline further in the next few years due to weak demand and the absence of any emerging applications.

Overall, global methanol prices are expected to grow steadily from 2014.

Methanol Industry Outlook in Asia Pacific to 2017 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants is a 170 pages research report provides capacity growth and presents installed capacity by key feedstock, process and technology. In addition, it presents market size, demand and production forecasts, end use demand forecasts, and company shares of major Methanol producers in the region. The research also provides price trends and trade balance data. Supply and demand scenario for key countries within the region is also included in the report. Overall, the reports present a comprehensive analysis of Methanol industry in Asia Pacific covering all the major parameters.

A similar methanol report on Europe, titled Methanol Industry Outlook in Europe to 2017 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants, spread across 95 pages is available at http://www.marketoptimizer.org/methanol-industry-outlook-in-europe-to-2017-market-size-company-share-price-trends-capacity-forecasts-of-all-active-and-planned-plants.html .

Explore more reports on materials and chemicals industry at http://www.marketoptimizer.org/category/materials-chemicals .

About Us 

MarketOptimizer.org is an online database of syndicated market research reports covering 10 major industries and their sub-segments. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.

Ritesh Tiwari
TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252
Tel: +1-888-391-5441
[email protected]

Connect With Us on: 

Facebook: https://www.facebook.com/MarketOptimizer

Twitter: https://twitter.com/marketoptimizer

G+ / Google Plus: https://plus.google.com/100862745608219066970/about 

RSS Feed: http://www.marketoptimizer.org/feed

SOURCE MarketOptimizer.org

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...