The methanol industry Japan is still at a nascent stage and accounted for only about seven percent of the overall production of methanol in Asia-Pacific. Japan imports most of its methanol stock as the quantity produced within the country hardly covers up for its complete needs.
Demand in Japan witnessed a strong growth during the last 10 years, particularly due to the fact that Japan’s economy is highly concentrated on the electronics and automotive manufacturing sectors, which both consume methanol downstream derivatives in their manufacturing process. However, the shift of a significant portion of its methanol production to China, due to lower operational costs, has affected Japanese demand for methanol and will continue to do so in the coming times ahead it seems.
As the methanol supply decreased in the Middle East due to outages at major production facilities during 2011, Japanese methanol prices witnessed an uptrend during 2011, because of cutting back on imports. However, moderate demand from the end use packaging sector is expected to continue, and Japan’s share of the region’s methanol demand will shrink further by the year 2021.
The methanol industry is one of the world’s most dynamic and vibrant – producing a basic chemical molecule that touches our daily lives in a myriad of ways. From the basic chemical building block of paints, solvents and plastics, to innovative applications in energy, transportation fuel and fuel cells, methanol is a key commodity and an integral part of our global economy. But that might not be the case for Japan as there are no facilities for methanol production in Japan at the moment and the scenario is likely to remain the same in the future. The two greatest demand drivers for methanol are likely to be for gasoline blending, and methanol-to-olefins (MTO) and methanol-to-propylene (MTP), with the MTO/MTP growth being partially due to attractive cost advantages compared to traditional naphtha-cracking (i.e., crude oil based). Methanol and its chemical derivatives are traditionally used in a variety of industrial and consumer products.
Since there are no plants for methanol production in Japan currently, no companies exist as well in the market as well
In this scenario, Taiyou Research analyzes the Methanol Industry in Japan. The report covers the following:
An introduction to what is methanol, the various uses of methanol and the safety issues with methanol.
An analysis of the methanol industry in Japan through industry statistics, demand and production scenario of methanol in Japan, and the demand of methanol in Japan by sectors.
Cost analysis of methanol in Japan.
Import/export situation of methanol in Japan including import/export statistics.
An analysis of the major global market players through their business analysis, a look at their products & services, financials and a SWOT analysis.
Summing up this research report on the Methanol Industry in Japan we provide a glossary of terms and a research methodology. Taiyou Research’s analysis of the Methanol Industry in Japan is a comprehensive profile of this industry.