Methanol Industry in Mexico

The demand for methanol in Mexico accounted for a share of over 25% in the overall methanol demand in the South and Central American region. Mexico is the second largest consumer of methanol in South and Central America.

The methanol industry in Mexico is in a period of rapid transition, with fuels applications growing more than three times as fast as traditional methanol derivatives. MTO/MTP is fast emerging with yet unknown implications to the merchant methanol market. Multiple variations of the MTO/MTP business model are expected, and the methanol plant scale will increase for world scale olefins plants. Potential timing offsets between the methanol plant and olefins plant builds and potential merchant methanol sourcing creates possible significant disruption.

Scenarios for alternate demand growth trends as well as supply addition alternatives are presented with underlying causal factors for these diverse futures, as well as the implications these scenarios have on the methanol industry. For example, with potential supply delays and demand upside combined, the global methanol operating rate may increase by a few percentage than the expected. Methanol prices in 2012 are likely to remain strong amid high energy values and tighter supply.

Petroleos Mexicanos is the only player in the Mexican methanol market and accounts for its 100% supply. Methanol-based fuel cells represent one of the promising sectors for methanol market. Initially, methanol-based fuel cells were aimed at automotive purposes. However, preliminary uses are likely to be in transportable power generation such as for laptops, cell phones, and digital cameras.

In this scenario, Taiyou Research analyzes the Methanol Industry in Mexico. 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 Mexico through industry statistics, demand and production scenario of methanol in Mexico, and the demand of methanol in Mexico by sectors.
• Cost analysis of methanol in Mexico.
• Import/export situation of methanol in Mexico 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 Mexico we provide a glossary of terms and a research methodology. Taiyou Research’s analysis of the Methanol Industry in Mexico is a comprehensive profile of this industry.