Methanol demand stood at 2,107 thousand tonnes in 2018 and is projected
to grow at a CAGR of 7.51% during 2019-2030 to reach 4,675 thousand tonnes by
2030. Increasing usage of methanol in the production of formaldehyde, methyl tertiary-butyl ether,
pharmaceuticals, acetic acid, etc., is the primary factor expected to boost
demand for methanol in India in coming years. Since methanol is used as an
alternative fuel for combustion engines due to its efficient combustion, ease
of distribution and easy availability, growing automotive industry would also
drive the demand for methanol in the country during the forecast period of 2019-2030.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The primary objective of the study was
to evaluate and forecast methanol capacity, production,
demand, inventory, and demand –
supply gap in India.
- To
categorize methanol demand based on end use, sales channel and region.
- To
study trade dynamics and company share in India methanol market.
- To identify major customers of methanol
in India.
- To evaluate and forecast methanol
pricing by grade in India.
- To identify and profile major companies
operating in India methanol market.
- To identify major news, deals and
expansion plans in India methanol market.
Click here to download the brochure
Report Scope:
In
this report, India methanol market has been segmented into following categories:
Some of the major players operating in India methanol
market are Assam Petro-Chemicals Limited, Gujarat
Narmada Valley Fertilizers and Chemicals Limited, Deepak Fertilizer, Rashtriya
Chemicals Fertilizer, etc.
To
extract data for India methanol market, primary research surveys were conducted
with methanol manufacturers, suppliers, distributors, wholesalers and end
users. While interviewing, the respondents were also inquired about their
competitors. Through this technique, TechSci Research was able to include
manufacturers that could not be identified due to the limitations of secondary
research. Moreover, TechSci Research analyzed various end user segments and projected a
positive outlook for India methanol market over the coming years.
TechSci
Research calculated methanol demand in India by analyzing the historical data
and demand forecast was carried out considering consumption of methanol by
various end use industries and considering upcoming chemical manufacturing
units using methanol as a raw material. TechSci Research sourced these values
from industry experts and company representatives and externally validated
through analyzing historical sales data of respective manufacturers to arrive
at the overall market size. Various secondary sources such as company websites,
association reports, annual reports, etc. were also studied by TechSci
Research.
Key Target Audience:
- Methanol manufacturers and other stakeholders
- Organizations, forums and alliances related to
methanol distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as methanol manufacturers, distributors
and policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]