Europe Methanol Market Size & Outlook, 2025-2028
Europe Methanol Market Size
According to Straits Research analysis, the Europe Methanol Market was valued at USD 3272.77 Million in 2024 and is projected to reach USD 3997.76 Million by 2028, expanding at a CAGR of 5.1% during the forecast period. Primary applications fuelling this growth are found in agriculture, chemical industries, and energy sectors. One significant use-case is in the production of formaldehyde, adopted widely in the chemical industry. The growth is further propelled by emerging trends such as green or low-carbon methanol production, a factor gaining traction due to its environment-friendly nature. Advancements in technology and growing export potential are further unfolding new opportunities, shaping the market's future. The region is strategically positioning itself for growth, seizing these emerging trends and investing in sustainable and advanced methanol production methods, setting Europe as a significant player in the global methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Methanol Market Highlights
- In 2024, Natural Gas emerged as the dominant Feedstock based on market size.
- Natural Gas is projected to register the fastest growth, positioning it as the most attractive Feedstock segment over the forecast horizon.
- In 2024, Europe accounted for 10.14% of the global methanol market size.
- By 2028, China is projected to lead the global market in terms of market size.
- France is projected to emerge as the fastest-growing market in Europe, reaching USD 45534 Million by 2028.
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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 3272.77 Million |
| Market Size In 2028 | USD 3997.76 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 5.1% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Europe Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
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| Country |
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| Feedstock |
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| Application |
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Europe Methanol Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
