The demand for Methanol in UAE witnessed notable growth rate in FY19 and expected to propel at around CAGR 4.26% during the forecast period. Since Methanol offers low evaporation rate and low radiant heat, its consumption in UAE is increasing across various industries as a safer process fuel amidst rising environmental concerns. As Methanol is easily biodegradable, it is favored as an ideal replacement of crude derivatives in industries like chemical and petrochemicals, paints and coatings, automotive, construction, etc. Furthermore, cost-effective, and versatile manufacturing routes of Methanol provide it an upper hand over other crude alternatives and thus embarks high growth prospects in the forecast period.
Under this subscription you would be able to access UAE Methanol market demand and supply analysis on a cloud-based platform for one year. The data is updated on near real time basis to add any new movement in the industry including but not limited to new plant announcement, plant shutdowns, temporary disruptions in demand or supply, news and deals and much more specific to Methanol.
Years Considered for Analysis:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
To extract data for UAE Methanol market, ChemAnalyst team conducts primary research surveys with Methanol manufacturers, suppliers, distributors, wholesalers and customers followed by exhaustive secondary research to cross validate the information being collected through primary research surveys