Product Code: ETC082078 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Methanol Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 0.05% in 2025, growth builds up to 0.08% by 2029.
The Saudi Arabia methanol market is expected to grow at a CAGR of xx% during the forecast period.The growth in the region is supported by several factors such as increasing demand for petrochemicals, rising production capacities and government efforts to diversify energy sources.Moreover, growing investment in the industry owing to favorable government regulations and incentives has further fueled the growth of the methanol market in Saudi Arabia.
The growth of the Saudi Arabia methanol market is driven by various factors.One of the key drivers is the growing demand for methanol as a feedstock for chemical manufacturing, including the production of plastics, paints, and textiles.The expansion of petrochemical industries and the country`s focus on economic diversification are boosting the demand for methanol.Additionally, methanol is being explored as a clean fuel source, which aligns with global efforts to reduce carbon emissions.As methanol finds applications in both traditional and emerging sectors, its demand is anticipated to grow, contributing to market expansion.
The Saudi Arabia methanol market encounters challenges related to feedstock availability and global market dynamics.Methanol production relies on feedstocks such as natural gas, and fluctuations in natural gas prices can impact production costs.Moreover, the global methanol market can be influenced by factors such as trade policies and international demand.Market players need to manage feedstock sourcing, production efficiency, and international partnerships to navigate price volatility and ensure a stable position in the methanol market.
The Saudi Arabia methanol market experienced significant fluctuations due to the COVID-19 pandemic.Reduced industrial activities and disruptions in the global supply chain affected methanol demand, particularly in sectors such as automotive, construction, and textiles.Lower fuel consumption also influenced demand for methanol as a gasoline additive.However, the market saw some support from the production of sanitizers and disinfectants, which contained methanol as an ingredient.As economic activities resumed and industries adjusted to the new normal, the methanol market started to stabilize, although challenges in certain end-use industries persisted.
Key player in the Saudi Arabia methanol market is Saudi Arabia Basic Industries Corporation (SABIC).The company is a major player in the petrochemical industry and produces methanol as a chemical feedstock.With its integrated operations, SABIC is positioned to influence the methanol market by providing a crucial component for various industrial applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Methanol Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Methanol Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Methanol Market - Industry Life Cycle |
3.4 Saudi Arabia Methanol Market - Porter's Five Forces |
3.5 Saudi Arabia Methanol Market Revenues & Volume Share, By Feedstock, 2021 & 2031F |
3.6 Saudi Arabia Methanol Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Saudi Arabia Methanol Market Revenues & Volume Share, By Sub-Derivatives, 2021 & 2031F |
3.8 Saudi Arabia Methanol Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Saudi Arabia Methanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Methanol Market Trends |
6 Saudi Arabia Methanol Market, By Types |
6.1 Saudi Arabia Methanol Market, By Feedstock |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Methanol Market Revenues & Volume, By Feedstock, 2021-2031F |
6.1.3 Saudi Arabia Methanol Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.4 Saudi Arabia Methanol Market Revenues & Volume, By Coal, 2021-2031F |
6.1.5 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Methanol Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Methanol Market Revenues & Volume, By Gasoline, 2021-2031F |
6.2.3 Saudi Arabia Methanol Market Revenues & Volume, By MTO/MTP, 2021-2031F |
6.2.4 Saudi Arabia Methanol Market Revenues & Volume, By Formaldehyde, 2021-2031F |
6.2.5 Saudi Arabia Methanol Market Revenues & Volume, By Methyl Tertiary Butyl Ether (MTBE), 2021-2031F |
6.2.6 Saudi Arabia Methanol Market Revenues & Volume, By Acetic Acid, 2021-2031F |
6.2.7 Saudi Arabia Methanol Market Revenues & Volume, By Dimethyl Ether (DME), 2021-2031F |
6.2.8 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Methanol Market, By Sub-Derivatives |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Methanol Market Revenues & Volume, By Gasoline additives, 2021-2031F |
6.3.3 Saudi Arabia Methanol Market Revenues & Volume, By Olefins, 2021-2031F |
6.3.4 Saudi Arabia Methanol Market Revenues & Volume, By UF/PF resins, 2021-2031F |
6.3.5 Saudi Arabia Methanol Market Revenues & Volume, By VAM, 2021-2031F |
6.3.6 Saudi Arabia Methanol Market Revenues & Volume, By Polyacetals, 2021-2031F |
6.3.7 Saudi Arabia Methanol Market Revenues & Volume, By MDI, 2021-2031F |
6.3.8 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saudi Arabia Methanol Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Methanol Market Revenues & Volume, By Construction, 2021-2031F |
6.4.3 Saudi Arabia Methanol Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Saudi Arabia Methanol Market Revenues & Volume, By Electronics, 2021-2031F |
6.4.5 Saudi Arabia Methanol Market Revenues & Volume, By Appliances, 2021-2031F |
6.4.6 Saudi Arabia Methanol Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.4.7 Saudi Arabia Methanol Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.8 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Saudi Arabia Methanol Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Methanol Market Import-Export Trade Statistics |
7.1 Saudi Arabia Methanol Market Export to Major Countries |
7.2 Saudi Arabia Methanol Market Imports from Major Countries |
8 Saudi Arabia Methanol Market Key Performance Indicators |
9 Saudi Arabia Methanol Market - Opportunity Assessment |
9.1 Saudi Arabia Methanol Market Opportunity Assessment, By Feedstock, 2021 & 2031F |
9.2 Saudi Arabia Methanol Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Saudi Arabia Methanol Market Opportunity Assessment, By Sub-Derivatives, 2021 & 2031F |
9.4 Saudi Arabia Methanol Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Saudi Arabia Methanol Market - Competitive Landscape |
10.1 Saudi Arabia Methanol Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Methanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |