Chemicals, Fuels & Wood Products

Methanol: Market Size, Growth & Forecast to 2030

The Methanol market is valued at about $46.5 billion (2026) and is projected to grow at a 4.8% CAGR through 2030. The largest cost driver is Natural gas or coal feedstock (45% of spend). Asia Pacific leads demand at 68%.

Market size
$46.5 bn (2026)
CAGR to 2030
+4.8%
Buyer power
Favours buyers
Tracked suppliers
90

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.8% CAGR.

1261181091001002026104.82027109.82028115.12029120.62030126.42031

Cost structure

Natural gas or coal feedstock
45%
Utilities and plant operating energy
20%
Logistics and ocean freight
15%
Capital depreciation and maintenance
12%
Labor and overhead
8%

Regional demand split

Asia Pacific demand
68%
North America demand
10%
Europe demand
9%
Middle East and Africa demand
7%
Rest of world demand
6%

Key suppliers

Methanex CorporationSABICPromanZagros Petrochemical CompanyCelanese CorporationYankuang Energy Group Company Limited
Read the full Methanol report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/methanol