Methanol and Acetyls markets are facing economic pressure from high feedstocks prices and a threat to growth from the end of the first wave of MTO capacity build in China and the electrification of the vehicle fleet. Long term demand has taken a hit as elevated consumer prices and higher interest rates constrain consumer spending.
Will the methanol market get back on track in 2023?
View the Chemical Market Analytics Syngas infographic and gain insights into the different market dynamics affecting the industry through 2023 and beyond.