Methanol Market Size | Insights, Trends & Growth Analysis 2025

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Code: MTA10139

Publication Date: Oct 2025

What is the size of Methanol Market?

According to 6Wresearch internal database and industry insights, the Methanol Market was valued at USD 34.21 Billion in 2024 and is expected to reach USD 52.12 billion by 2031, growing at a CAGR of 4.30% during 2025-2031.

The key factors contributing to this growth are the increasing need for cleaner fuel alternatives, the increase in chemical and plastic production, and the increased growth of sustainable fuel.

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Growth Factors for Methanol Industry

Growing demand for methanol as a cleaner fuel alternative in transportation.
Growing use of methanol in chemical and plastic production.
Growth in the adoption of sustainable fuels and green energy solutions.
Growing use of methanol-based applications in other industries.
Growing use of methanol production technologies that improve efficiency.

Methanol Market Trends

The Methanol Market is experiencing trends including the adoption of methanol as an alternative cleaner fuel in transportation, increasing uses in chemical and plastic production, and growth in the adoption of sustainable fuels and green energy solutions. Additionally, there are growing methanol-based applications in other industries and growing methanol production technologies that increase efficiency.

Emerging Developments in the Methanol Market

Emerging developments in the Methanol Market include the establishment of new production facilities and the adoption of advanced technologies to enhance production efficiency. For instance, the world's first commercial-scale e-methanol plant has opened in Denmark, marking a significant step in the transition to low-emission fuels for the shipping industry.