United Kingdom Methanol Market Size & Outlook, 2025-2028
United Kingdom Methanol Market Size
According to Straits Research analysis, the United Kingdom Methanol Market was valued at USD 412.04 Million in 2024 and is projected to reach USD 511.31 Million by 2028, expanding at a CAGR of 5.5% during the forecast period. This growth is predominantly driven by the thriving agriculture and chemical industries, where methanol is widely used as an essential raw material. Moreover, it is utilised as an alternative energy source, stepping up its demand in the energy sector. Emergent trends such as green production and sustainability initiatives indicate a rise in low-carbon methanol production. Advancements in technology also offer further scope for increasing the efficiency of methanol production. Additionally, the UK demonstrates potential for increasing methanol exports. Moving forward, by capitalising on these opportunities and trends, the UK is poised to strengthen its position in the global methanol market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Kingdom 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.
- In 2024, United Kingdom accounted for 1.28% of the global methanol market size.
- By 2028, China is expected to lead the global methanol market in terms of market size.
- Within Europe, Germany is projected to dominate the regional methanol market size by 2028.
- France is identified as the fastest-growing market in Europe, anticipated to reach 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 412.04 Million |
| Market Size In 2028 | USD 511.31 Million |
| Largest segment | Natural Gas |
| Fastest segment | Natural Gas |
| Units | Revenue in USD Million |
| CAGR | 5.5% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United Kingdom Methanol Market Share By Feedstock
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Feedstock |
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| Application |
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United Kingdom Methanol Market By Feedstock 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Kingdom Methanol Market By Application 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
