NEW YORK, April 21, 2016 /PRNewswire/ -- Methanol is the basis for many chemicals and can be derived from various feed stocks. Demand for methanol in Asia has been increasing due to increased consumption from major developing countries for traditional chemical derivatives and energy applications. Major Asia exporting countries are India and Singapore besides India and Thailand are the importing countries.
Asia methanol market has been segmented into by application and by country. In general, methanol is produced majorly from natural gas followed by coal. It is also produced from other sources such as biomass, municipal waste and carbon di-oxide. Methanol has major applications in formaldehyde, acetic acid, gasoline and Methanol-to-Olefins (MTO). Among these applications formaldehyde is the major application. Methanol derived products are used in end industries such as automotive, pharmaceuticals, construction, coatings and others.
Asia methanol market is further segmented into by country that includes individual country analysis of China, India, Japan, South Korea, Taiwan and others. The report focuses on key countries within Asia in terms of changing trends in using methanol for various applications. China holds major share with a significant growth rate.
The report also includes overview of major companies such as
Petroliam Nasional Berhad,
China National Offshore Oil Corporation
In this report, methanol import and exports of individual country has been studied and is analyzed along with the individual domestic price. Production and supply gap is studied for major countries such as China, India and others. Methanol production facilities with its annual capacities are also listed in the report.
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