Brazil Methanol Market Size & Outlook, 2025-2028
Brazil Methanol Market Size
According to Straits Research analysis, the Brazil Methanol Market was valued at USD 155.38 Million in 2024 and is projected to reach USD 180.97 Million by 2028, expanding at a CAGR of 3.9% during the forecast period. The key demand drivers include applications in agriculture, chemicals, and energy sectors, fueling the market’s steady growth. In agriculture, methanol is used extensively for processing feedstock, while in the chemical industry, it’s a vital ingredient in formaldehyde production. Additionally, the inclination towards greener production methods, sustainability, and technological advancements in the methanol industry, offer further growth opportunities. Brazil, with its enhanced production capabilities and increasing export potential, appears poised to become a crucial player in the global methanol market. Its commitment to low-carbon and sustainable methanol production places Brazil strategically for future market dominance.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Methanol Market Highlights
- By 2024, Natural Gas represented the largest share of the Feedstock market size.
- Natural Gas is expected to remain the key growth driver within Feedstock, registering the fastest CAGR during the forecast period.
- As of 2024, Brazil held 0.48% of the global methanol market size.
- By 2028, China is anticipated to capture the largest share of the global methanol market.
- In Latin America, Rest of Latin America is expected to lead the regional methanol market size by 2028.
- Mexico will remain the fastest-growing market in Latin America, reaching USD 4707 Million by 2028.
Brazil 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 155.38 Million |
| Market Size In 2028 | USD 180.97 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 3.9% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Feedstock |
|
| Application |
|
Brazil Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
