The methanol industry in Malaysia accounts for only around three percent of the overall production in the Asia-Pacific region. Its demand is expected to increase in the coming years quite significantly due to a healthy demand from the formaldehyde-based resin and automobile fuel sector. The growth in demand for methanol in Malaysia is expected to be at the rate of five percent during the forecast period, and the majority of domestic demand would be fulfilled by imports.
Malaysia’s methanol demand was mainly driven by the formaldehyde sector. MTBE and acetic acid were the two other major methanol end-use markets. Methanol is a basic building block in a large number of chemically complex materials such as plastics etc., it can be recovered from these materials by chemically destructive processes, which decompose complex inorganic molecules into their simple components.
When methanol is used to process bio-waste material into biodiesel, it produces a hydrocarbon fuel with properties similar to diesel fuel. Conversion can be accomplished on scales that range from 30-gallon capacity trash-can-sized batches, to continuous processes operated intermittently, to continuously operated plants with capacities ranging from 4 million to 100 million gallons per year. Typically, people using methanol to produce biodiesel in small-scale batch applications are not trained chemists. Operators are likely unaware of the hazards and regulatory compliance necessary to manufacture fuel safely and legally. These individuals may not be trained or experienced in handling concentrated hazardous chemicals such as lye (sodium/potassium hydroxide, Na/KOH) and methanol. Operators of intermittently operated continuous processes will likely be familiar with precautions and laws that accompany production of biodiesel, but they may or may not have the proper equipment and procedures and training necessary for self-protection and efficient chemical handling.
The methanol market in Malaysia is highly consolidated, with only one player, PETRONAS. The company accounted for 100% of the installed capacity in the region during 2011. The domestic demand was fulfilled by in-house production, and the majority of in-house production was exported to Japan and China.
In this scenario, Taiyou Research analyzes the Methanol Industry in Malaysia. 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 Malaysia through industry statistics, demand and production scenario of methanol in Malaysia, and the demand of methanol in Malaysia by sectors.
Cost analysis of methanol in Malaysia.
Import/export situation of methanol in Malaysia 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 Malaysia we provide a glossary of terms and a research methodology. Taiyou Research’s analysis of the Methanol Industry in Malaysia is a comprehensive profile of this industry.