Methanol (methyl alcohol) in Russia and the world: Production, Market and Forecast (3 edition)

Abstract

Introduction

1. Brief description of the global methanol market, 2018-2024

1.1. Methanol production capacity and output, 2018-2025

1.2. Feedstock for global methanol production

1.3. Global methanol consumption and trade, 2019-2024

1.4. Global methanol price situation, 2019-2024

2. Characteristics of the methanol market in Russia, 2010-2025

2.1. Capacities and main production technologies

2.2. Feedstock for methanol production

2.3. Product quality

2.4. Methanol production volume in Russia, 2008-2025

2.5 Current Status of Major Methanol Producers in Russia

2.5.1 Metafrax JSC

2.5.2 Gazprom-Methanol LLC, Tomsk

2.5.3 Tomet LLC, Tolyatti, Samara Region

2.6 Planned New Methanol Production Projects in Russia by 2030 and Assessment of Their Implementation

3. Methanol Exports and Imports in Russia in 2008-2025

4. Methanol Prices in Russia in 2008-2025

5. Methanol Consumption in Russia in 2009-2025

5.1 Methanol Production-Consumption Balance in Russia in 2009-2025

5.2 Main Methanol Consumption Sectors

5.2.1 Formaldehyde and Its Derivatives

5.2.2 Methyl tert-butyl ether (MTBE) and TAME

5.2.3 Gas Production and Transportation

5.2.4 Isoprene

5.2.5 Acetic Acid

6. Russian Market Development Forecast to 2035

6.1 Methanol Demand Development Forecast by Main Consumption Segments

6.1.1 Formaldehyde

6.1.2 MTBE

6.1.3 Gas Production

6.1.4 Developing Methanol Applications

6.2 Methanol Production Capacity Development Forecast in Russia

Appendix 1. Contact Information for Main Methanol Producers in Russia

Appendix 2. Contact Information for Main Methanol Consumers in Russia

Table 1. Major methanol exporting countries in 2019-2024, thousand tons

Table 2. Major methanol importing countries in 2019-2024, thousand tons

Table 3. Export prices of major methanol exporting countries in 2019-2024, USD/t

Table 4. Import prices of major methanol importing countries in 2019-2024, USD/t

Table 5. Capacity of Russian methanol producers as of November 2025

Table 6. Feedstock supply of Russian methanol producers in 2023

Table 7. Technical requirements for methanol quality (according to GOST 2222-95)

Table 8. Methanol production in Russia by enterprise in 2010-2025, thousand tons

Table 9. Methanol Sales by JSC Metafrax in 2010-9 months of 2025

Table 10. Main Russian Recipients of Methanol Produced by JSC Metafrax in 2013-9 months of 2025, thousand tons

Table 11. Product Production at JSC Metafrax in 2010-2023, thousand tons

Table 12. Methanol Production and Consumption, Formaldehyde and Resins Production at Gazprom Methanol LLC in 2010-9 months of 2025, thousand tons

Table 13. Largest Russian Consumers of Methanol Produced by Gazprom Methanol LLC in 2013-9 months of 2025, thousand tons

Table 14. Methanol production and sales structure by Tomet LLC in 2010-9 months of 2025, thousand tons

Table 15. Methanol export volumes and destinations produced by Tomet LLC in 2012-9 months of 2025, thousand tons

Table 16. Largest Russian consumers of methanol produced by Tomet LLC in 2013-9 months of 2025 2025, thousand tons

Table 17: New methanol production projects through 2030

Table 18. Methanol export suppliers in 2010-2025, thousand tons

Table 19. Methanol exports by company and country in 2012–9 months of 2025, thousand tons

Table 20. Volumes and destinations of methanol supplies from Russia in 2008–9 months 2025, thousand tons

Table 21. Export prices of Russian methanol producers in 2013-2024, USD/t

Table 22. Methanol supply-demand balance in 2010-2025, thousand tons

Table 23. In-plant methanol consumption by enterprise in 2010-2025, thousand tons

Table 24. Main applications of methanol derivatives

Table 25. Methanol consumption by sector in 2010-2024, thousand tons

Table 26. Formaldehyde production capacity in Russia in 2024, thousand tons

Table 27. Formaldehyde production in Russia by enterprise in 2010-2023, thousand tons

Table 28. Production capacity of UFC and UFS in the Russian Federation, in 2024, thousand tons

Table 29. Production of formaldehyde resins in the Russian Federation by type in 2009-2024, thousand tons

Table 30. Production of MTBE in Russia by enterprise in 2010-2024, thousand tons

Figure 1. Global methanol production capacity in 2018–2025. (million tons), growth rate (%)

Figure 2. Global methanol production dynamics in 2018-2025, million tons

Figure 3. Methanol production structure by country, 2024, %

Figure 4. Distribution of global natural gas reserves by region

Figure 5. Distribution of global natural gas reserves by country in 2024, %

Figure 6. Shares of the largest producing countries in total global natural gas production in 2024, %

Figure 7. Structure of global methanol consumption by industrial sector, 2024, %

Figure 8. Structure of global methanol consumption by country, 2024, %

Figure 9. Largest methanol exporting countries in 2024, %

Figure 10. Largest Methanol importing countries in 2024, %

Figure 11. Global methanol price dynamics by region and supply type, May 2021–May 2024, USD/t

Figure 12. Methanol production dynamics in Russia in 2008–2025, thousand tons

Figure 13. Producers' share of total Russian production in 2010–2025, %

Figure 14. Regional structure of methanol production by Federal Districts of Russia in 2025, %

Figure 15. Capacity utilisation of methanol production plants in 2025, %

Figure 16. Investment dynamics of JSC Metafrax in 2013–2023, million rubles

Figure 17. UFC production at JSC Togliattiazot in 2010–2025, thousand tons

Figure 18. Dynamics of Russian methanol exports in 2008–2025 (thousand tons) and export share in production (%)

Figure 19. Share of exports in production of methanol producing companies in 2012-2024, %

Figure 20. Structure of methanol exports by producer in 2025, %

Figure 21. Methanol exports by supplier and recipient countries in 2025, thousand tons

Figure 22. Dynamics of average annual prices for methanol, oil, and natural gas in 2008-2024, USD

Figure 23. Average monthly prices of methanol producers in Russia in 2014 - 9 months of 2025, thousand rubles/ton

Figure 24. Growth rates of methanol production and consumption in Russia in 2009-2025 Relative to 2008, %

Figure 25. Methanol Production and Consumption Dynamics in Russia in 2010-2025, thousand tons

Figure 26. Methanol Supply and Use Dynamics in Russia in 2010-2025, million tons

Figure 27. Structure of Methanol Supplies by Russian Producers in 2024, %

Figure 28. Structure of Methanol Consumption in Russia by Sector in 2024, %

Figure 29. Largest Russian Consumers of Commercial Methanol in Russia in 2024, thousand tons

Figure 30. Share of Commercial Methanol Suppliers in 2023 and Their Main Consumers

Figure 31. Dynamics of Commercial UFC Production in Russia by Enterprise in 2010-2024, thousand tons

Figure 32. Raw Materials for Resin Production

Figure 33. MTBE Production Structure in 2024 in Russia, %

Figure 34. TAME Production Dynamics in Russia in 2012-2024, thousand tons

Figure 35. Gas Production and Methanol Consumption Dynamics in the Oil and Gas Industry in 2010-2024, thousand tons, billion m3

Figure 36. Methanol Supply Structure for the Oil and Gas Industry by Company in 2024, %

Figure 37. Production Dynamics of SKI, Butyl and Halobutyl Rubbers; Methanol consumption in 2010-2024, thousand tons

Figure 38. Acetic acid production dynamics in Russia and methanol consumption in 2010-2024, thousand tons

Figure 39. Forecast for gas production and methanol consumption in the oil and gas sector to 2035, thousand tons, billion m3

Figure 40. Moderate forecast for methanol production and consumption in Russia to 2035, million tons