The Asia Pacific Methanol-to-Gasoline market size was valued at US$ 387.6 million in 2024 and is projected to reach US$ 562.4 million by 2030, at a CAGR of 6.4% during the forecast period 2024-2030.
Methanol-to-Gasoline (MTG) is a process that converts methanol into gasoline, providing an alternative pathway for fuel production from various feedstocks including natural gas, coal, and biomass.
The Asia Pacific MTG market is experiencing rapid growth, driven by energy security concerns and the push for alternative fuel sources. China dominates with a 70% market share, followed by Japan at 15% and South Korea at 10%. In 2023, automotive fuel accounted for 80% of MTG production, with industrial solvents at 15%. The market saw a 12% increase in demand due to government initiatives promoting coal-to-liquid fuels in China. Key players include ExxonMobil Corporation (USA) and Shanxi Lu'an Mining Group (China), collectively holding a 65% market share in the region. The industry is investing heavily in process efficiency improvements, with a 15% increase in R&D spending on catalyst development in 2023. Challenges include competition from electric vehicles and environmental concerns, leading to a 10% focus on developing carbon capture technologies for MTG plants. The trend towards energy independence has driven a 20% growth in MTG projects in coal-rich provinces of China. The market is benefiting from partnerships between technology providers and local energy companies, with a 25% rise in technology transfer agreements for MTG implementation in countries like Indonesia and Vietnam.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Methanol-to-Gasoline . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Methanol-to-Gasoline , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Methanol-to-Gasoline , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Methanol-to-Gasoline . This report contains market size and forecasts of Methanol-to-Gasoline in Asia Pacific, including the following market information:
We surveyed the Methanol-to-Gasoline manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Natural Gas
• Coal
• Others
• Passenger Car
• Commercial Vehicle
• Others
• Reliance Industries Limited
• Sinopec
• PetroChina Company Limited
• Essar Oil Limited
• SK Innovation Co., Ltd.
• Formosa Plastics Corporation
• Indian Oil Corporation Limited
• JXTG Holdings, Inc.
• PTT Public Company Limited
• CNOOC Limited
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Methanol-to-Gasoline revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Methanol-to-Gasoline revenues share in Asia Pacific market, 2023 (%)
• Key companies Methanol-to-Gasoline sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Methanol-to-Gasoline sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Methanol-to-Gasoline
• It describes present situation, historical background and future forecast
• Comprehensive data showing Methanol-to-Gasoline capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Methanol-to-Gasoline manufacturers
• Methanol-to-Gasoline forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Methanol-to-Gasoline
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Natural Gas
1.2.3 Coal
1.2.4 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.3.4 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Reliance Industries Limited
8.1.1 Reliance Industries Limited Corporation Information
8.1.2 Reliance Industries Limited Product Portfolio
8.1.3 Reliance Industries Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Reliance Industries Limited Main Business and Markets Served
8.1.5 Reliance Industries Limited Recent Developments/Updates
8.2 Sinopec
8.2.1 Sinopec Corporation Information
8.2.2 Sinopec Product Portfolio
8.2.3 Sinopec Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Sinopec Main Business and Markets Served
8.2.5 Sinopec Recent Developments/Updates
8.3 PetroChina Company Limited
8.3.1 PetroChina Company Limited Corporation Information
8.3.2 PetroChina Company Limited Product Portfolio
8.3.3 PetroChina Company Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 PetroChina Company Limited Main Business and Markets Served
8.3.5 PetroChina Company Limited Recent Developments/Updates
8.4 Essar Oil Limited
8.4.1 Essar Oil Limited Corporation Information
8.4.2 Essar Oil Limited Product Portfolio
8.4.3 Essar Oil Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Essar Oil Limited Main Business and Markets Served
8.4.5 Essar Oil Limited Recent Developments/Updates
8.5 SK Innovation Co., Ltd.
8.5.1 SK Innovation Co., Ltd. Corporation Information
8.5.2 SK Innovation Co., Ltd. Product Portfolio
8.5.3 SK Innovation Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 SK Innovation Co., Ltd. Main Business and Markets Served
8.5.5 SK Innovation Co., Ltd. Recent Developments/Updates
8.6 Formosa Plastics Corporation
8.6.1 Formosa Plastics Corporation Corporation Information
8.6.2 Formosa Plastics Corporation Product Portfolio
8.6.3 Formosa Plastics Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Formosa Plastics Corporation Main Business and Markets Served
8.6.5 Formosa Plastics Corporation Recent Developments/Updates
8.7 Indian Oil Corporation Limited
8.7.1 Indian Oil Corporation Limited Corporation Information
8.7.2 Indian Oil Corporation Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Indian Oil Corporation Limited Main Business and Markets Served
8.7.4 Indian Oil Corporation Limited Recent Developments/Updates
8.8 JXTG Holdings, Inc.
8.8.1 JXTG Holdings, Inc. Corporation Information
8.8.2 JXTG Holdings, Inc. Product Portfolio
8.8.3 JXTG Holdings, Inc. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 JXTG Holdings, Inc. Main Business and Markets Served
8.8.5 JXTG Holdings, Inc. Recent Developments/Updates
8.9 PTT Public Company Limited
8.9.1 PTT Public Company Limited Corporation Information
8.9.2 PTT Public Company Limited Product Portfolio
8.9.3 PTT Public Company Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 PTT Public Company Limited Main Business and Markets Served
8.9.5 PTT Public Company Limited Recent Developments/Updates
8.10 CNOOC Limited
8.10.1 CNOOC Limited Corporation Information
8.10.2 CNOOC Limited Product Portfolio
8.10.3 CNOOC Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 CNOOC Limited Main Business and Markets Served
8.10.5 CNOOC Limited Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Methanol-to-Gasoline
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?