United Arab Emirates Methanol Market Size
According to Straits Research analysis, the United Arab Emirates Methanol Market was valued at USD 132.79 Million in 2024 and is projected to reach USD 160.73 Million by 2028, expanding at a CAGR of 4.9% during the forecast period. Agriculture, energy, and chemical sectors constitute the primary drivers of methanol demand, thanks to its pervasive use in fertilizers, fuel, and plastic production. An emerging trend in the market is the green or low-carbon production of methanol, which aligns with the global shift towards sustainability. Technological advancements, such as the development of methanol-to-olefins (MTO) process, are poised to open up lucrative opportunities in the market. Moreover, the UAE's robust infrastructure offers significant export potential for methanol. With a strategic focus on sustainable and technology-driven growth, the UAE is positioning itself as a leading player in the global methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Arab Emirates 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.
- United Arab Emirates accounted for 0.41% of the global methanol market size in 2024.
- By 2028, China is expected to remain the top global market in terms of size.
- Within Middle East And Africa, Rest of MEA is forecasted to dominate the regional methanol market size by 2028.
- South Africa will be the fastest-growing market in Middle East And Africa, projected to achieve USD 5913 Million by 2028.
United Arab Emirates 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 132.79 Million |
| Market Size In 2028 |
USD 160.73 Million |
| Largest segment |
Natural Gas |
| Fastest segment |
Natural Gas |
| Units |
Revenue in USD Million |
| CAGR |
4.9% (2025-2028) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United Arab Emirates Methanol Market Share By Feedstock
Segmentation Covered
| Segments |
Sub Segments |
| Feedstock |
- Natural Gas
- Coal
- Biomass & Renewables
|
| Application |
- Formaldehyde
- Acetic Acid
- MTBE
- DME
- Fuel Blending
- MTO
- Biodiesel
- Others
|
United Arab Emirates Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Arab Emirates Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.