Methanol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028

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Published: May 28, 2024 Report Code: GDCH01268ICR-ST

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Methanol Industry Capacity & Capital Expenditure (Capex) Overview

The methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023. It is expected to increase at an AAGR of more than 9% from 2023 to 2028. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.

Methanol Industry Capacity and Capex Outlook, 2023-2028 (mtpa)
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The methanol capacity and capex report outlook offers information on all planned and announced projects globally. The report also covers the contribution shares of the top methanol players. In addition, detailed insights about global methanol capex spending on planned and announced projects are included in the report. The historical and forecast evaluation of the methanol capacity data in this report will aid clients in making informed business decisions.

Market Capacity (2023) 170.30 Mtpa
AAGR (2023-2028) >9%
Forecast Period 2023-2028
Key Regions ·       Africa

·       Asia

·       Caribbean

·       Europe

·       FSU

·       Middle East

·       North America

·       Oceania

·       South America
Major Planned & Announced Projects ·       Sherwood Energy Maysky Methanol Plant

·       Lake Charles Methanol Lake Charles Methanol Plant

·       Reliance Industries Jamnagar Methanol Plant

·       Brass Fertilizer & Petrochemical Company Brass Methanol Plant

·       MetCap Petrochemicals Trakya Methanol Plant
Leading Companies ·       Methanex Corp

·       China Shenhua Energy Co Ltd

·       Proman AG

·       The National Petrochemical Co

·       Saudi Basic Industries Corp
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Methanol Industry Capacity Contribution by Regions

The key methanol capacity contributors include Africa, Asia, Europe, FSU, the Middle East, North America, and South America among others. Among regions, Asia was at the forefront in terms of methanol capacity due to its strong industrial growth, particularly in countries such as China and India in 2023. The Middle East and FSU also have significant methanol capacity owing to the growing demand from various industries.

Among countries, China led with the largest capacity contribution globally in 2023. The main capacity contribution is from the plant, “Zhongtian Hechuang Energy Company Ordos Methanol Plant”.

Methanol Industry Capacity Contribution by Regions, 2023 (%)
Methanol Industry Capacity Contribution by Regions, 2023 (%)Buy the Full Report for More Regional Insights into the Methanol Industry Capacity Contributions
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Methanol Industry – Major Planned and Announced Projects

A few of the major planned and announced projects in the global methanol industry are:

  • Sherwood Energy Maysky Methanol Plant
  • Lake Charles Methanol Lake Charles Methanol Plant
  • Reliance Industries Jamnagar Methanol Plant
  • Brass Fertilizer & Petrochemical Company Brass Methanol Plant
  • MetCap Petrochemicals Trakya Methanol Plant

Russia’s Sherwood Energy Maysky Methanol Plant will have a capacity of more than 7 mtpa on completion. Sherwood Energy Ltd is the operator of the plant.

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Methanol Industry - Competitive Landscape

A few of the leading Methanol-producing companies are:

  • Methanex Corp
  • China Shenhua Energy Co Ltd
  • Proman AG
  • The National Petrochemical Co
  • Saudi Basic Industries Corp

Methanex Corp had the largest methanol capacity globally in 2023. Major capacity contribution for the company is from “Methanex Corporation Geismar Methanol Plant 1”.

Leading Methanol Producing Companies, 2023 (%)
Leading Methanol Producing Companies, 2023 (%)Buy the Full Report for More Company Insights into the Methanol Industry
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Segments Covered in the Report

Methanol Industry Capacity and Capex Regional Outlook (Capacity, mtpa, 2023-2028)

  • Africa
  • Asia
  • Caribbean
  • Europe
  • FSU
  • Middle East
  • North America
  • Oceania
  • South America

Methanol Industry Capacity and Capex Country Outlook (Capacity, mtpa, 2023-2028)

  • China
  • Iran
  • US
  • Trinidad and Tobago
  • Saudi Arabia
  • Russia
  • Malaysia
  • Venezuela
  • New Zealand
  • Oman

Scope

The report provides:

  • Global methanol capacity outlook by region from 2023 to 2028.

  • Methanol new build and expansion capacity additions by region, key countries, and key companies.

  • New build and expansion capital expenditure outlook by region, key countries, and key companies.

  • Key details of the methanol plants globally (capacity from 2018 to 2028).

Reasons to Buy

  • Obtain the most up-to-date information available on all active, planned, and announced methanol plants globally.

  • Identify opportunities in the global methanol industry with the help of upcoming projects and capital expenditure outlook.

  • Facilitate decision-making based on strong historical and forecast of methanol capacity data.

Table of Contents

01. Global Methanol Capacity and Capital Expenditure Outlook

– Key Highlights

– New Plant Announcements

02. Global Methanol Capacity and Capital Expenditure Outlook by Region

– Global Methanol Capacity Contribution by Region

– Global Planned and Announced Capacity Methanol Additions by Region

– Global Capex Spending on Planned and Announced Methanol Projects by Region

– Global Top 10 Planned and Announced Methanol Plants

03. Global Methanol Capacity and Capital Expenditure Outlook by Country

– Global Methanol Capacity Contributions by Key Countries, 2018-2028

– Methanol Capacity Contribution by Key Countries, 2023

– Methanol Capacity Additions from Planned and Announced Projects by Key Countries

– Methanol Capex Spending on Planned and Announced Projects by Key Countries

04. Global Methanol Capacity and Capital Expenditure Outlook by Company

– Global Methanol Capacity Contribution by Key Companies, 2023

– Global Capacity Additions from Planned and Announced Projects by Top 10 Companies

05. Africa Methanol Industry, Capacity and Capex Outlook

– Africa Methanol Industry, Capacity by Country, 2018-2028

– Africa Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced projects

– Africa Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

06. Asia Methanol Industry, Capacity and Capex Outlook

– Asia Methanol Industry, Capacity by Country, 2018-2028

– Asia Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– Asia Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

07. Europe Methanol Industry, Capacity and Capex Outlook

– Europe Methanol Industry, Capacity by Country, 2018-2028

– Europe Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– Europe Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

08. FSU Methanol Industry, Capacity and Capex Outlook

– FSU Methanol Industry, Capacity by Key Countries, 2018-2028

– FSU Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– FSU Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

09. Middle East Methanol Industry, Capacity and Capex Outlook

– Middle East Methanol Industry, Capacity by Key Countries, 2018-2028

– Middle East Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– Middle East Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

10. North America Methanol Industry, Capacity and Capex Outlook

– North America Methanol Industry, Capacity by Country, 2018-2028

– North America Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– North America Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

11. South America Methanol Industry, Capacity and Capex Outlook

– South America methanol Industry, Capacity by Country, 2018-2028

11. Oceania Methanol Industry, Capacity and Capex Outlook

– Oceania Methanol Industry, Capacity by Country, 2018-2028

– Oceania Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

– Oceania Methanol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

12. Appendix

– Important Definitions

– About GlobalData

– Contact Us

Table

List of Tables

Table 1: Methanol Industry, Global, Key Statistics, 2022 16

Table 2: Methanol industry, global, capacity by key countries (mtpa), 2017–2027 17

Table 3: Methanol industry, global, top 10 planned and announced projects details, 2023–2027 19

Table 4: Methanol industry, global, capacity by region (mtpa), 2022–2027 20

Table 5: Methanol industry, global, capacity share of top 10 companies (%), 2022 22

Table 6: Methanol industry, global, active methanol capacity of top 10 countries (mtpa), 2022 24

Table 7: Methanol industry, global, planned and announced capacity additions by region (mtpa), 2027 25

Table 8: Methanol industry, global, planned and announced capacity additions by top 10 countries (mtpa), 2027 27

Table 9: Methanol industry, global, planned and announced capacity additions by top 10 companies (mtpa), 2027 29

Table 10: Methanol industry, global, total capex spending on planned and announced projects by region ($B), 2023–2027 30

Table 11: Methanol industry, global, total capex spending on planned and announced projects by countries ($B), 2023–2027 31

Table 12: Global, major planned and announced methanol projects details 32

Table 13: Methanol Industry, Asia, Key Statistics, 2022 37

Table 14: Methanol industry, Asia, capacity by key countries (mtpa), 2017–2027 38

Table 15: Methanol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 40

Table 16: Methanol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 41

Table 17: Methanol industry, China, capacity by major plants (mtpa) 2017–2027 42

Table 18: Methanol industry, Malaysia, capacity by major plants (mtpa) 2017–2027 62

Table 19: Methanol industry, Brunei, capacity by major plants (mtpa) 2017–2027 63

Table 20: Methanol industry, India, capacity by major plants (mtpa) 2017–2027 64

Table 21: Methanol Industry, Indonesia, Capacity by Major Plants (mtpa) 2017–2027 66

Table 22: Methanol industry, Middle East, key statistics, 2022 68

Table 23: Methanol industry, Middle East, capacity by key countries (mtpa), 2017–2027 69

Table 24: Middle East, methanol industry, installed plant capacity by production process (%) 2022 72

Table 25: Middle East methanol industry, installed plant capacity by CO & CO2 hydrogenation, 2022 72

Table 26: Middle East Methanol Industry, Installed Plant Capacity by CO Hydrogenation, 2022 73

Table 27: Middle East, methanol industry, installed plant capacity by technology (%) 2022 75

Table 28: Middle East, methanol industry, major installed plant capacity by Haldor Topsoe Methanol Technology, 2022 75

Table 29: Middle East, methanol industry, major installed plant capacity by JM Davy Methanol Technology, 2022 75

Table 30: Major Middle East, methanol industry, installed plant capacity by Mitsubishi Gas Chemical Methanol Technology, 2022 76

Table 31: Major Middle East, methanol industry, installed plant capacity by Lurgi Methanol Technology, 2022 76

Table 32: Major Middle East, methanol industry, installed plant capacity by Casale Methanol Technology, 2022 76

Table 33: Methanol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 77

Table 34: Methanol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 78

Table 35: Methanol industry, Iran, capacity by major plants (mtpa) 2017–2027 79

Table 36: Methanol industry, Saudi Arabia, capacity by major plants (mtpa) 2017–2027 83

Table 37: Methanol industry, Oman, capacity by major plants (mtpa) 2017–2027 85

Table 38: Methanol industry, Qatar, capacity by major plants (mtpa) 2017–2027 86

Table 39: Methanol industry, Bahrain, capacity by major plants (mtpa) 2017–2027 87

Table 40: Methanol industry, United Arab Emirates, capacity by major plants (mtpa) 2017–2027 88

Table 41: Methanol industry, North America, Key Statistics, 2022 89

Table 42: Methanol industry, North America, capacity by countries (mtpa), 2017–2027 90

Table 43: North America, methanol industry, installed plant capacity by production process (%) 2022 93

Table 44: North America methanol industry, installed plant capacity by CO Hydrogenation, 2022 93

Table 45: North America methanol industry, installed plant capacity by CO & CO2 Hydrogenation, 2022 93

Table 46: North America, methanol industry, installed plant capacity by technology (%) 2022 95

Table 47: North America, methanol industry, major installed plant capacity by Lurgi Methanol Technology, 2022 95

Table 48: North America, methanol industry, major installed plant capacity by JM Davy Methanol Technology, 2022 95

Table 49: North America, methanol industry, major installed plant capacity by Haldor Topsoe Methanol Technology, 2022 96

Table 50: Methanol industry, North America, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2022–2027 97

Table 51: Methanol industry, North America, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 98

Table 52: Methanol industry, US, capacity by major plants (mtpa) 2017–2027 99

Table 53: Methanol industry, Canada, capacity by major plants (mtpa) 2017–2027 103

Table 54: Methanol industry, Mexico, capacity by major plants (mtpa) 2017–2027 104

Table 55: Methanol industry, Former Soviet Union, key statistics, 2022 105

Table 56: Methanol industry, Former Soviet Union, capacity by key countries (mtpa), 2017–2027 106

Table 57: Former Soviet Union, methanol industry, installed plant capacity by production process (%) 2022 109

Table 58: Former Soviet Union methanol industry, installed plant capacity by CO & CO2 Hydrogenation, 2022 109

Table 59: Former Soviet Union methanol industry, installed plant capacity by Ammonia/Methanol Co-Production process, 2022 109

Table 60: Former Soviet Union, methanol industry, installed plant capacity by technology (%) 2022 111

Table 61: Former Soviet Union methanol industry, installed plant capacity by Haldor Topsoe Methanol Technology, 2022 111

Table 62: Former Soviet Union methanol industry, installed plant capacity by JM Davy Methanol Technology, 2022 111

Table 63: Former Soviet Union methanol industry, installed plant capacity by Casale Methanol Technology, 2022 112

Table 64: Former Soviet Union methanol industry, installed plant capacity by State Research and Development Institute Khimtekhnologiya Methanol Technology, 2022 112

Table 65: Former Soviet Union methanol industry, installed plant capacity by GIAP Methanol Technology, 2022 112

Table 66: Methanol industry, Former Soviet Union, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 113

Table 67: Methanol iIndustry, Former Soviet Union, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 114

Table 68: Methanol industry, Russia, capacity by major plants (mtpa) 2017–2027 115

Table 69: Methanol industry, Turkmenistan, capacity by major plants (mtpa) 2017–2027 119

Table 70: Methanol industry, Azerbaijan, capacity by major plants (mtpa) 2017–2027 120

Table 71: Methanol industry, Uzbekistan, capacity by major plants (mtpa) 2017–2027 121

Table 72: Methanol industry, Ukraine, capacity by major plants (mtpa) 2017–2027 122

Table 73: Methanol industry, Belarus, capacity by major plants (mtpa) 2017–2027 123

Table 74: Methanol industry, Estonia, capacity by major plants (mtpa) 2017–2027 124

Table 75: Methanol industry, Kazakhstan, capacity by major plants (mtpa) 2017–2027 125

Table 76: Methanol industry, Caribbean, key statistics, 2022 126

Table 77: Methanol industry, Caribbean, capacity by country (mtpa), 2017–2027 127

Table 78: Caribbean, methanol industry, installed plant capacity by production process (%) 2022 130

Table 79: Caribbean methanol industry, installed plant capacity by CO & CO2 Hydrogenation, 2022 130

Table 80: Caribbean methanol industry, installed plant capacity by CO Hydrogenation, 2022 130

Table 81: Caribbean, methanol industry, installed plant capacity by technology (%) 2022 131

Table 82: Caribbean, methanol industry, major installed plant capacity by JM Davy Methanol Technology, 2022 132

Table 83: Caribbean, methanol industry, major installed plant capacity by Lurgi Methanol Technology, 2022 132

Table 84: Caribbean, methanol industry, major installed plant capacity by Mitsubishi Gas Chemical Methanol Technology, 2022 132

Table 85: Methanol industry, Trinidad and Tobago, capacity by major plants (mtpa) 2017–2027 133

Table 86: Methanol industry, South America, key statistics, 2022 135

Table 87: Methanol industry, South America, capacity by key countries (mtpa), 2017–2027 136

Table 88: South America, methanol industry, installed plant capacity by production process (%) 2022 139

Table 89: South America methanol industry, installed plant capacity by CO & CO2 Hydrogenation Process, 2022 139

Table 90: South America methanol industry, installed plant capacity by co hydrogenation, 2022 139

Table 91: South America, methanol industry, installed plant capacity by technology (%) 2022 141

Table 92: South America, methanol industry, major installed plant capacity by JM Davy Methanol Technology, 2022 141

Table 93: South America, methanol industry, major installed plant capacity by mitsubishi gas chemical methanol technology, 2022 141

Table 94: South America, methanol industry, major installed plant capacity by Lurgi Methanol Technology, 2022 141

Table 95: Methanol industry, Venezuela, capacity by major plants (mtpa) 2017–2027 142

Table 96: Methanol industry, Chile, capacity by major plants (mtpa) 2017–2027 143

Table 97: Methanol industry, Argentina, capacity by major plants (mtpa) 2017–2027 144

Table 98: Methanol industry, Brazil, capacity by major plants (mtpa) 2017–2027 145

Table 99: Methanol industry, Europe, Key Statistics, 2022 146

Table 100: Methanol industry, Europe, capacity by key countries (mtpa), 2017–2027 147

Table 101: Europe, methanol industry, installed plant capacity by production process (%) 2022 150

Table 102: Europe methanol industry, installed plant capacity by CO & CO2 Hydrogenation, 2022 150

Table 103: Europe methanol industry, installed plant capacity by CO Hydrogenation, 2022 150

Table 104: Europe, methanol industry, installed plant capacity by technology (%) 2022 152

Table 105: Europe methanol industry, installed plant capacity by JM Davy Methanol Technology, 2022 152

Table 106: Europe methanol industry, installed plant capacity by Lurgi Methanol Technology, 2022 152

Table 107: Methanol industry, Europe, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 153

Table 108: Methanol industry, Europe, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 154

Table 109: Methanol industry, Germany, capacity by major plants (mtpa) 2017–2027 155

Table 110: Methanol industry, Netherlands, capacity by major plants (mtpa) 2017–2027 156

Table 111: Methanol industry, Norway, capacity by major plants (mtpa) 2017–2027 157

Table 112: Methanol industry, Romania, capacity by major plants (mtpa) 2017–2027 158

Table 113: Methanol industry, Serbia, capacity by major plants (mtpa) 2017–2027 159

Table 114: Methanol industry, Africa, Key Statistics, 2022 160

Table 115: Methanol industry, Africa, capacity by countries (mtpa), 2017–2027 161

Table 116: Africa, Methanol industry, installed plant capacity by technology (%) 2022 165

Table 117: Africa methanol industry, installed plant capacity by JM Davy Methanol Technology, 2022 165

Table 118: Africa methanol industry, installed plant capacity by casale methanol technology, 2022 165

Table 119: Africa methanol industry, installed plant capacity by sasol methanol technology, 2022 165

Table 120: Methanol industry, Africa, annual new build capital expenditure outlook for planned and announced projects ($B), 2023–2027 166

Table 121: Methanol industry, Africa, annual new build and expansion capital expenditure outlook for active, planned and announced projects by countries ($B), 2023–2027 167

Table 122: Methanol industry, Egypt, capacity by major plants (mtpa) 2017–2027 168

Table 123: Methanol industry, Equatorial Guinea, capacity by major plants (mtpa) 2017–2027 169

Table 124: Methanol industry, Libya, capacity by major plants (mtpa) 2017–2027 170

Table 125: Methanol industry, South Africa, capacity by major plants (mtpa) 2017–2027 171

Table 126: Methanol industry, Algeria, capacity by major plants (mtpa) 2017–2027 172

Table 127: Methanol industry, Nigeria, capacity by major plants (mtpa) 2017–2027 173

Table 128: Methanol industry, Oceania, key statistics, 2022 174

Table 129: Methanol industry, Oceania, capacity by country (mtpa), 2017–2027 175

Table 130: Methanol industry, Oceania, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 178

Table 131: Methanol industry, Oceania, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 179

Table 132: Methanol industry, New Zealand, capacity by major plants (mtpa) 2017–2027 180

Table 133: Methanol Industry, Australia, Capacity by Major Plants (mtpa) 2017–2027 181

Table 134: Methanol industry, Papua New Guinea, capacity by major plants (mtpa) 2017–2027 182

Figures

List of Figures

Figure 1: Global methanol industry, capacity share vis-à-vis growth by key countries, 2017–2022 18

Figure 2: Methanol industry, global, capacity by region (mtpa), 2022–2027 20

Figure 3: Methanol industry, global, capacity share of top 10 companies (%), 2022 21

Figure 4: Methanol industry, global, active methanol capacity of top 10 countries (mtpa), 2022 23

Figure 5: Methanol industry, global, planned and announced capacity additions by region (mtpa), 2027 25

Figure 6: Methanol industry, global, planned and announced capacity additions by top 10 countries (mtpa), 2027 26

Figure 7: Methanol industry, global, planned and announced capacity additions by top 10 companies (mtpa), 2027 28

Figure 8: Methanol industry, global, total capex spending on planned and announced projects by region ($B), 2023–2027 30

Figure 9: Methanol industry, global, total capex spending on planned and announced projects by countries ($B), 2023–2027 31

Figure 10: Methanol industry, Asia, capacity share vis-à-vis growth by key countries, 2017–2022 39

Figure 11: Methanol industry, Asia, annual new build and expansion capital expenditure outlook for active, planned and announced projects ($B), 2023–2027 40

Figure 12: Methanol Industry, Asia, annual new build and expansion capital expenditure outlook for active, planned and announced projects by countries ($B), 2023–2027 41

Figure 13: Methanol industry, Middle East, capacity share vis-à-vis growth by key countries, 2017–2022 70

Figure 14: Middle East, methanol industry, installed plant capacity by production process (%) 2022 71

Figure 15: Middle East, methanol industry, installed plant capacity by technology (%) 2022 74

Figure 16: Methanol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 77

Figure 17: Methanol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 78

Figure 18: Methanol industry, North America, capacity share vis-à-vis growth by countries, 2017–2022 91

Figure 19: North America, methanol industry, installed plant capacity by production process (%) 2022 92

Figure 20: North America, methanol industry, installed plant capacity by technology (%) 2022 94

Figure 21: Methanol industry, North America, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 97

Figure 22: Methanol industry, North America, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 98

Figure 23: Methanol industry, Former Soviet Union, capacity share vis-à-vis growth by key countries, 2017–2022 107

Figure 24: Former Soviet Union, methanol industry, installed plant capacity by production process (%) 2022 108

Figure 25: Former Soviet Union, methanol industry, installed plant capacity by technology (%) 2022 110

Figure 26: Methanol industry, Former Soviet Union, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 113

Figure 27: Methanol industry, Former Soviet Union, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 114

Figure 28: Methanol industry, Caribbean, capacity share vis-à-vis growth by country, 2017 – 2022 128

Figure 29: Caribbean, methanol industry, installed plant capacity by production process (%) 2022 129

Figure 30: Caribbean, methanol industry, installed plant capacity by technology (%) 2022 131

Figure 31: Methanol industry, South America, capacity share vis-à-vis growth by key countries, 2017–2022 137

Figure 32: South America, methanol industry, installed plant capacity by production process (%) 2022 138

Figure 33: South America, methanol industry, installed plant capacity by technology (%) 2022 140

Figure 34: Methanol industry, Europe, capacity share vis-à-vis growth by countries, 2017–2022 148

Figure 35: Europe, methanol industry, installed plant capacity by production process (%) 2022 149

Figure 36: Europe, methanol industry, installed plant capacity by technology (%) 2022 151

Figure 37: Methanol industry, Europe, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 153

Figure 38: Methanol industry, Europe, annual new build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries ($B), 2023–2027 154

Figure 39: Methanol industry, Africa, capacity share vis-à-vis growth by countries, 2017–2022 162

Figure 40: Africa, Methanol industry, installed plant capacity by technology (%) 2022 164

Figure 41: Methanol industry, Africa, annual new build capital expenditure outlook for planned and announced projects ($B), 2023–2027 166

Figure 42: Methanol industry, Africa, annual new build capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 167

Figure 43: Methanol industry, Oceania, capacity share vis-à-vis growth by country, 2017–2022 176

Figure 44: Methanol industry, Oceania, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2023–2027 178

Figure 45: Methanol industry, Oceania, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2023–2027 179

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Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

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