New Report Analyzes the Worldwide Methanol Market With Focus on China

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c88859) has announced the
addition of "Global Methanol Market: Focus on China" to their
offering.

Methanol, a key chemical intermediary, finds extensive use in the
production of formaldehyde, acetic acid and other chemicals, with
formaldehyde accounting for more than one-third of all methanol
demand. Changing demand patterns have witnessed stagnant growth of
methanol consumption in the fuel market.

China has contributed significantly to demand growth, accounting
for about four-fifths of demand gain during the current decade. A key
driver for increase in Chinese capacity is the rapidly growing
domestic demand. However, methanol industry will require new capacity
addition outside of China to cater to increasing global demand. There
are considerable opportunities for demand growth in new applications
like micro fuel cells, biodiesel and fuel blending.

With production bases shifting to Asian countries, the cost of
distribution has become a significant component of the operating costs
of methanol producers. The global methanol industry is fairly
consolidated with the top five global methanol producers having a
share of around one-half of the worldwide market.

It also analyzes the outlook of the market and consumption pattern
of methanol in its major end-markets. The report profiles the major
global methanol producers. It also analyzes the major growth drivers
and key issues in the market.

Key topics

- Industry Snapshot

- Market Overview

- Growth Drivers

- Key Issues

- Competitive Landscape

- Company Profiles

Companies mentioned:

- Methanex

- MHTL

- SABIC

- Celanese Corporation

- Eastman Chemical

For more information visit
http://www.researchandmarkets.com/reports/c88859.

Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008