In New York, Straits Research reported that the global methanol market size is projected to reach $53.15 billion by 2033, up from $34.253 billion in 2025.
The research firm noted that this market is expected to grow at a CAGR of 5.7% during the forecast period (2025-2033).
“North America’s methanol market growth is driven by major players like Methanex, BASF, and Mitsubishi Gas Chemicals. The region is seeing increased demand for green and blue methanol as sustainable marine fuels, prompting the establishment of new production plants in Louisiana, Beaumont (Texas), and Fairway (Clear Lake),” the report stated.
“Meanwhile, the Asia-Pacific region leads the global market, accounting for 41.6% of the share, fueled by industrial giants in China, Japan, India, and South Korea. Rapid industrialization and strong import-export dynamics bolster methanol production, making the region a global leader.”
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