The Brazil Methanol market demand reached nearly 1000 thousand tonnes in 2023 and is expected to flourish at a CAGR of 3.4% during the forecast period until 2034. Methanol serves as a crucial feedstock for various chemicals essential in diverse industries. These include formaldehyde, utilized extensively in the production of resins and adhesives; acetic acid, a key component in products such as vinegar, paints, and textiles; and methyl tert-butyl ether (MTBE) and acetic acid, serving as fuel additives and alternatives. Methanol also finds application in the production of Biodiesel. Its versatility as a primary material underscores its indispensable role in numerous sectors highlights methanol's significance in industrial processes.
The Brazil Methanol Market is on the brink of substantial expansion, driven by various key factors. Brazil's diverse industrial landscape, encompassing chemical manufacturing, petrochemicals, automotive, and construction sectors, is poised to generate significant demand for Methanol as a vital raw material. Methanol's versatility in producing a wide array of chemicals and materials, including formaldehyde, acetic acid, resins, adhesives, and coatings, further fuels this demand. Additionally, Brazil's increasing emphasis on environmental sustainability and emissions reduction initiatives is expected to amplify Methanol usage, particularly in producing methyl tert-butyl ether (MTBE), a fuel additive that enhances gasoline performance and reduces emissions. The country's commitment to sustainable development aligns with the exploration of Methanol in the production of biodiesel, supporting its growth trajectory. Furthermore, ongoing advancements in Methanol production technologies, such as more efficient synthesis methods and cleaner production processes, are set to enhance its competitiveness in the market. These factors collectively indicate a promising outlook for the Brazil Methanol Market, underpinned by industrial demand, environmental imperatives, renewable energy pursuits, and technological innovation. At present, all the Methanol demand is Brazil is met purely via imports. Although, the Brazil Methanol market is likely to reach roughly 1400 thousand tonnes in 2034.
Based on the end-use, the Brazil Methanol market is segmented into Formaldehyde, Biodiesel, Acetic Acid, MTBE, Others. The biggest market share of Methanol goes in the Formaldehyde segment which was about 35% in the year 2023.
Major players in the Global Methanol market are Methanex Corporation, Mitsubishi Gas Chemical, Saudi Arabia Basic Industries Corporation (SABIC), Methanol Holdings (Trinidad) Limited (MHTL), Ningxia Baofeng Energy Group, Methanol Australia Limited, Mitsubishi Gas Chemical, NPC-Zagros, Kaveh Methanol Petrochemical, OCI, Natgasoline LLC, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Brazil Methanol which covers production, demand, and supply of Methanol market in Brazil.
• To analyse and forecast the market size of Brazil Methanol
• To classify and forecast Brazil Methanol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Methanol market in Brazil.
To extract data for Brazil Methanol market, primary research surveys were conducted with Methanol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Brazil Methanol market over the coming years.
ChemAnalyst calculated Methanol demand across the Brazil region by analysing the volume of Methanol consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
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, customers, and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Brazil Methanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
1000 thousand tonnes
Market size Volume by 2034
1400 thousand tonnes
Growth Rate
CAGR of 3.4% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: [Formaldehyde, Biodiesel, Acetic Acid, MTBE, Others]
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the size of Brazil Methanol market in terms of volume in 2023?
Ans:
The size of Brazil Methanol market has grown significantly in the historic period and reached approximately 1000 thousand tonnes in 2023.
Q2.
Which industry is the leading consumer of Brazil Methanol market?
Ans:
Formaldehyde is the leading consumer of Brazil Methanol market.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.