Methanol demand in China is expected to increase in the next years until the end of the decade, then decrease through 2050. Traditional uses of methanol such as formaldehyde or acetic acid will see the largest drop in the considered period, decreasing from roughly 27.5 million metric tons in 2020 to ten million metric tons in 2050.
Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application
(in million metric tons)
Characteristic
Traditional use
Methanol to olefins (MTO)
Energy use
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Statista. (August 30, 2022). Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application (in million metric tons) [Graph]. In Statista. Retrieved July 06, 2024, from https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/
Statista. "Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application (in million metric tons)." Chart. August 30, 2022. Statista. Accessed July 06, 2024. https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/
Statista. (2022). Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application (in million metric tons). Statista. Statista Inc.. Accessed: July 06, 2024. https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/
Statista. "Methanol Demand Forecast in a Zero-carbon Scenario in China from 2020 to 2050, by Application (in Million Metric Tons)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/
Statista, Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application (in million metric tons) Statista, https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/ (last visited July 06, 2024)
Methanol demand forecast in a zero-carbon scenario in China from 2020 to 2050, by application (in million metric tons) [Graph], Statista, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1329842/china-methanol-demand-forecast-by-application/