Canada Methanol Market Size & Outlook, 2025-2028
Canada Methanol Market Size
According to Straits Research analysis, the Canada Methanol Market was valued at USD 929.91 Million in 2024 and is set to reach USD 1093.03 Million by 2028, rolling out at a CAGR of 4.1% during the forecast period. This growth is primarily led by thriving industries like agriculture, chemicals, and energy, which rely on methanol for various applications, from fertilizers to adhesives. A boost in demand has also arisen from alternative fuel uses and innovative industrial processes. Emerging trends such as green, low-carbon production and advancements in technology are further propelling the Canadian methanol market's mileage. As a result, Canada is lending itself robustly to export potential, particularly in advantageous trade relation regions. With such developments, Canada is strategically positioning itself as an impending force in the global methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Methanol Market Highlights
- Natural Gas held the leading position among Feedstock segments in 2024, based on market size.
- Natural Gas is projected to post the fastest growth rate, sustaining its position as the most attractive Feedstock segment during the forecast horizon.
- Canada contributed 2.88% to the global methanol market size in 2024.
- By 2028, China is forecasted to remain the largest global market for methanol market.
- In North America, United States is projected to capture the leading share of market by 2028.
- Among North America markets, Canada is expected to post the fastest growth, reaching USD 24106 Million by 2028.
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
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 929.91 Million |
| Market Size In 2028 | USD 1093.03 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 4.1% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Feedstock |
|
| Application |
|
Canada Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
