Australia Methanol Market Size & Outlook, 2025-2028
Australia Methanol Market Size
According to Straits Research analysis, the Australia Methanol Market was valued at USD 689.58 Million in 2024 and is projected to reach USD 883.49 Million by 2028, expanding at a CAGR of 6.4% during the forecast period. This growth is propelled by diverse applications in agriculture, chemical industry and energy sector. Methanol's critical usage includes being a vital ingredient in making formaldehyde, acetic acid and other chemicals, a rising fuel source in the energy sector and a significant role in agricultural fertilizers. Notable trends such as green production, low-carbon footprint and sustainability are elevating the market potential. Technological advancements in processing and production methods also provide significant growth opportunities. With robust involvement in methanol exportation, Australia is shaping its global positioning for a sustainable, technologically-driven methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Methanol Market Highlights
- Within the Feedstock category, Natural Gas dominated in 2024 in terms of market size contribution.
- Over the forecast period, Natural Gas is forecasted to deliver the fastest growth, positioning it as the most lucrative Feedstock segment.
- Australia accounted for 2.14% of the global methanol market size in 2024.
- By 2028, China is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional methanol market size by 2028.
- India will be the fastest-growing market in Asia Pacific, projected to achieve USD 58503 Million by 2028.
Australia 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 689.58 Million |
| Market Size In 2028 | USD 883.49 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 6.4% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Feedstock |
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| Application |
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Australia Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
