The Power of Agility
Strong methanol demand growth forecasted over the next five years
Global methanol demand growth forecast to grow at ~3% CAGR or +14 mmt over next five years
Methanol demand 2021: 88 mmt
28 mmt
16 mmt
Energy-related demand - significant upside potential
Growing market for methanol supported by clean
energy policies and commercialization of methanol as
a lower emission fuel (e.g., marine fuel)
44 mmt
Traditional chemical applications - steady growth
Demand growth linked to global economic growth
IMF forecasts ~3-4% annual GDP growth post
COVID-19 recovery
9
Sources: IHS 2022 World Analysis, Fall 2021 Update, International Monetary Fund (IMF) World Economic Outlook, January 2022
Methanol-to-olefins (MTO) - stable demand
Demand growth reflects start-up of new MTO
plant (Tianjin Bohai) in the near-term
Historical operating rates resilient through
different methanol/olefin price cycles
High oil prices and slowdown in olefin capacity
additions support MTO affordability leading to
stable demand
methanex
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