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INTRODUCTION




               production capacity of about 100 million metric tons (almost 33 billion gallons or 90 billion
               litres), and each day more than 100,000 tons of methanol is used as a chemical feedstock or
               as a transportation fuel (60 million gallons or 225 million litres). Methanol is also a truly global
               commodity, and each day there is more than 80,000 metric tons of methanol shipped from one
               continent to another [24].
               The global methanol demand, growth and future projection up to 2018 is shown in the Fig. 1
               and Table 5.

                   FIG. 1

               Global Methanol Industry Demand [130]



                     100


                      80


                      60
                    mn t  40




                      20


                        0
                                2014          2015           2016          2017           2018
                                Europe                   North America            South America
                                Russia/CIS               Middle East/Africa       SEA/Oceania
                                Northeast Asia





                 TABLE 5
               Growth in Global Methanol Demand (*1000 Ton) [131]

                    Country         2014       2015 E     2016 E     2017 E      2018 E       TOTAL
                Asia                7,467      10,034      8,214       6,794      7,446        39,955
                North America        364         166        144        142         139          955
                South Africa          19          8         28          45         53           153
                Europe                63         116        149        163         163          654
                Russia                17          3         44          64         65           193
                Middle East           74         99         156         71         72           472
                Africa                11          2          7          11         11            42
                TOTAL               8,015      10,428      8742        7290       7949         42,424


               It may be seen (Table 5) that the global demand is practically fuelled by North East Asia.
               Accordingly, the demand growth is also very high in this region.







                  22      Methanol and DME Production: Survey and Roadmap | 2017
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