Asia Methanol Market: China expected to have significant growth in methanol production through 2020
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The methanol is a very important product that has its application or usage in various industries. Methanol is used to make many consumer and industrial products and is also an alternative fuel source. The stable methanol prices and its applications for producing other chemicals are the driving force of the Asia Methanol Market during 2015-2020. Read more
Applications of the Asia Methanol Market:
In the Asia Methanol Market, the methanol is a feedstock product for the production of chemicals such as acetic acid and formaldehyde, which in turn are used in products like adhesives, foams, plywood subfloors, solvents and windshield washer fluids. It can be used for fuels in vehicles and it is ecofriendly fuel as well as combusts easily in upcoming years.
Approximately 40% of world’s Methanol is used in energy related applications. Other applications of Methanol are Transportation fuel, Wastewater Denitrification, Fuel cell hydrogen carrier, Biodiesel transesterification, electricity generation etc. there is huge demand for the methanol and its product in Asia due to rise of industrialization in the region suggests IndustryARC market study report on Asia Methanol Market.
China is expected to witness significant growth in the Asia Methanol Market during 2015-2020. India and China are two emerging economies with high demand for fuels and supplies for their industries. Methanol pricing in the region depends on the availability of methanol in methanol plant for supplying to other industries and it is expected to witness upsurge in demand and little growth in the methanol price during 2015-2020.
Segmentation and Key players of the Asia Methanol Market:
The Asia Methanol Market is segmented into various categories by application and by countries in the market analysis report by IndustryARC as follows:
By application: Formaldehyde, Acetic acid, Methanol-to-Olefins (MTO), Dimethyl Ether (DME), gasoline blending and combustion and others.
By country: China, Japan, South Korea, Taiwan, India, Malaysia and others
The key players in the Asia Methanol Market according to the IndustryARC marketing analysis study are as follows:
• Petroliam Nasional Berhad
• Methanex Corporation
• China National Offshore Oil Corporation
• Sinopec Group
The Asia Methanol Market is rapidly growing market owing to the various applications of methanol in chemical industries. The methanol acts as feedstock to many other chemicals of industry and it is very effective alternative fuel. This market is expected to witness high growth and demand in Asia during 2015-2020.
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About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
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Applications of the Asia Methanol Market:
In the Asia Methanol Market, the methanol is a feedstock product for the production of chemicals such as acetic acid and formaldehyde, which in turn are used in products like adhesives, foams, plywood subfloors, solvents and windshield washer fluids. It can be used for fuels in vehicles and it is ecofriendly fuel as well as combusts easily in upcoming years.
Approximately 40% of world’s Methanol is used in energy related applications. Other applications of Methanol are Transportation fuel, Wastewater Denitrification, Fuel cell hydrogen carrier, Biodiesel transesterification, electricity generation etc. there is huge demand for the methanol and its product in Asia due to rise of industrialization in the region suggests IndustryARC market study report on Asia Methanol Market.
China is expected to witness significant growth in the Asia Methanol Market during 2015-2020. India and China are two emerging economies with high demand for fuels and supplies for their industries. Methanol pricing in the region depends on the availability of methanol in methanol plant for supplying to other industries and it is expected to witness upsurge in demand and little growth in the methanol price during 2015-2020.
Segmentation and Key players of the Asia Methanol Market:
The Asia Methanol Market is segmented into various categories by application and by countries in the market analysis report by IndustryARC as follows:
By application: Formaldehyde, Acetic acid, Methanol-to-Olefins (MTO), Dimethyl Ether (DME), gasoline blending and combustion and others.
By country: China, Japan, South Korea, Taiwan, India, Malaysia and others
The key players in the Asia Methanol Market according to the IndustryARC marketing analysis study are as follows:
• Petroliam Nasional Berhad
• Methanex Corporation
• China National Offshore Oil Corporation
• Sinopec Group
The Asia Methanol Market is rapidly growing market owing to the various applications of methanol in chemical industries. The methanol acts as feedstock to many other chemicals of industry and it is very effective alternative fuel. This market is expected to witness high growth and demand in Asia during 2015-2020.
Get the Sample PDF Brochure @ http://www.industryarc.com/pdfdownload.php?id=15012
Enquiry before Buying @ http://www.industryarc.com/inquiry-before-buying.php?id=15012
About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Media Contact
Contact Person: Sanjay Matthews
Email: sales@industryarc.com
Phone: 1-614-588-8538 (Ext: 101)
Company Name: IndustryARCTM
Connect with us on LinkedIn @ http://www.linkedin.com/company/industryarc
Get More Insights on Reports @ http://goo.gl/Ga7fq7