Procurement Resource Evaluates the Price Trends of Methanol in its Latest Insights and Dashboard
Price Trends of Methanol in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Methanol can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Methanol (CH3OH), commonly known as methyl alcohol, wood alcohol, or wood spirit, is the most basic in a long series of chemical compounds known as alcohols. It is made up of a methyl group (CH3) coupled with a hydroxy group (OH) (OH). Previously, methanol was made by distilling wood in a damaging manner. Modern methanol production relies on the direct reaction of carbon monoxide gas and hydrogen in the presence of a catalyst. A mixture of hydrogen and carbon monoxide, Syngas, is produced from biomass and is progressively being used in the production of methanol.
Also Check Methanol Procurement Reports – https://www.procurementresource.com/production-cost-report-store/methanol
Regions Covered to Evaluate Methanol Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Methanol Price Trend:
Methanol is a highly flexible chemical that is commonly utilised in industry and found in our daily life. Because of its efficiency as an energy transporter, it is becoming more used as a fuel for manufacturing and electricity generation. Methanol has enormous promise as an environmentally friendly fuel source, and demand for it is developing globally as a promising resource for a new era of clean energy. MGC is the only global methanol producer with a full range of products and technologies and a global manufacturing network. Some of the other applications are Antifreeze agents, Solvent, Fuel, Denaturant for Ethanol, and Biodiesel.
Also Check Methanol Industry Report – https://www.procurementresource.com/reports/methanol-industry-report
Key Market Players:
- Zagros Petrochemical Co.
- Sichuan Lutianhua Co., Ltd.
- Methanex Corporation
- Ar-Razi Saudi Methanol Co. (SABIC)
- Yankuang Group
- Proman AG
News and Events:
- Fairway Methanol LLC, a new partnership between Mitsui & Co. Ltd and Celanese Corporation, announced in March 2021 that it would increase its methanol manufacturing facilities.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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