Market Insight
Gain insights into the market dynamics and trends
The Two Worlds of Methanol
Methanol demand is changing. Methanol to Olefins (MTO) is under economic pressure, and growth is slowing down. Methanol consumption in fuel applications such as direct blending into gasoline and MTBE is being impacted by the electrification of the vehicle fleet and the improvement in fuel efficiency standards. But will the demand increase for conventional chemical derivatives such as formaldehyde and acetic acid, combined with the new demand for methanol as a marine fuel, compensate for the lower growth trajectory into MTO and traditional fuel applications?
In the short term, the grey methanol market looks oversupplied, with new capacity in the US, Iran, and Malaysia more than enough to satisfy demand growth impacted by an uncertain economic environment in which geopolitics and increasingly unreliable weather patterns disrupt supply chains. Will this oversupply continue, or will the methanol market return to a more balanced position in the medium term?
Companies, industries, and countries have formulated plans to achieve a zero-carbon future. This transition will favor producers with a lower carbon footprint. But there are many solutions for methanol producers to lower their carbon footprint: capturing on-site CO2 emissions and either sequestering the CO2 or utilizing it to increase methanol output; producing either 100% or mass balance biomethanol from biogas, biomass, or municipal solid waste; producing renewable or e-methanol from hydrogen manufactured from renewable electricity and carbon dioxide from direct air capture or a nearby industrial source.
There have been many announcements of low-carbon methanol projects, but most of these plants are small-scale; how can they compete against world-scale grey methanol units? Will consumers be prepared to pay a premium, and if so, for what volume? How does methanol compare against other sources of clean energy, such as ammonia, bio-LNG, and green hydrogen?
Join us at the World Methanol Conference (WMC) 2024 as we explore The Two Worlds of Methanol and answer these and many more questions from the experts, decision-makers, and thought leaders shaping this industry’s future.
Don’t miss your chance to attend.
Tuesday 22 October:
Workshop: Global Methanol Fundamentals
Wednesday 23 October:
WMC 2024 – Day 1
Thursday 24 October:
WMC 2024 – Day 2
Why Attend World Methanol Conference 2024?
Gain insights into the market dynamics and trends
Connect and exchange to grow your business
Invaluable networking opportunities
An interactive workshop exploring the global methanol market
Showcase your brand to enhance visibility and awareness
A fresh perspective on innovation and business strategies
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Highlights from World Methanol Conference 2023
“Overall, the event was a real success in my eyes… I really enjoyed the participation and will recommend the format to my colleagues.”
“The annual World Methanol Conference…is always the occasion to obtain an unbiased, global, accurate & updated vision of the Methanol Economy,
and to meet the people that count in this promising industry sector.”
Presented by
The esteemed team of trusted subject-matter experts at Chemical Market Analytics by OPIS, a Dow Jones company, delivers next-generation analytics, in-depth insights, future outlooks, and price discovery to stakeholders in the global chemical industry, enhancing operational efficiency. We provide both short- and long-term market coverage through our Bespoke Consulting services, Energy and Feedstocks analysis, and coverage of over 200 core building-block chemicals via our Market Advisory Service, Chemical Advisory Service, World Analysis Service, Circular Plastics Service. Additionally, we host a series of educational and networking conferences worldwide, including the World Chemical Forum.