Home Bulk Chemicals United Arab Emirates Methanol Market Size And Share Report By 2028

United Arab Emirates Methanol Market Size & Outlook, 2025-2028

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.

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
  1. Natural Gas
  2. Coal
  3. Biomass & Renewables
Application
  1. Formaldehyde
  2. Acetic Acid
  3. MTBE
  4. DME
  5. Fuel Blending
  6. MTO
  7. Biodiesel
  8. Others
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