Argentina Methanol Market Size & Outlook, 2025-2028
Argentina Methanol Market Size
According to Straits Research analysis, the Argentina Methanol Market was valued at USD 287.77 Million in 2024 and is projected to reach USD 340.72 Million by 2028, expanding at a CAGR of 4.3% during the forecast period. This growth is primarily spurred by its diverse use in key sectors such as agriculture and chemicals, where methanol serves as a vital ingredient in fertilizers and plastics respectively. Simultaneously, the energy sector actively uses methanol as a cleaner alternative fuel source. An emerging trend in the market is the shift towards green production methods in response to global sustainability goals. The technological advancements and Argentina's potential to become a significant exporter in the region further fuel market growth. Argentina is strategically focusing on catering to an increasing demand and establishing itself as a competitive player in the global methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Argentina Methanol Market Highlights
- In 2024, Natural Gas accounted for the highest share of the Feedstock market size.
- During the forecast period, Natural Gas is set to register the highest growth, making it the most lucrative Feedstock segment.
- Argentina contributed 0.89% to the global methanol market size in 2024.
- By 2028, China is forecasted to remain the largest global market for methanol market.
- In Latin America, Rest of Latin America is projected to capture the leading share of market by 2028.
- Among Latin America markets, Mexico is expected to post the fastest growth, reaching USD 4707 Million by 2028.
Argentina Methanol Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2019-2028 |
| Historical Period | 2019-2023 |
| Forecast Period | 2025-2028 |
| Market Size In 2024 | USD 287.77 Million |
| Market Size In 2028 | USD 340.72 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 4.3% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Argentina Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Feedstock |
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| Application |
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Argentina Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Argentina Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
