Methanol demand is changing. Methanol to Olefins (MTO) is under economic pressure and growth is slowing down. Methanol consumption into 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 into 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 growth in demand impacted by an uncertain economic environment, in which geopolitics and increasingly unreliable weather patterns are disrupting supply chains. Will this over-supply continue or will the methanol market return to more of a 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, register today!
WMC 2024 – Workshop: Global Methanol Fundamentals
WMC 2024 – Day 1
WMC 2024 – Day 2
Gain insights on market
dynamics and trends
Connect and exchange to
grow your business
Invaluable networking
opportunities
Interactive workshop exploring the
global methanol market
Showcase your brand to enhance
visibility and awareness
A fresh perspective on innovation and
business strategies
“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.”
Chemical Market Analytics by OPIS, a Dow Jones company, provides stakeholders in the global chemical industry with next-generation analytics, deep insights, future outlooks and price discovery to improve operational efficiency. The company offers short- and long-term market coverage for more than 200 core building-block chemicals via Market Advisory Services (MAS), World Analysis (WA), Circular Plastics Service, Chemical Advisory Service and educational and networking conferences such as World Chemical Forum.