May 17, 2018   SOURCE: BusinessWire

Global Methanol Procurement Market Intelligence Report - Growing Use of Methanol in Fuel Blends is Driving the Market - ResearchAndMarkets.com

The "Global Methanol - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

The report provides actionable insights to improve source-to-contract cycle performance in the Global Methanol Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

One of the best procurement practices for the buyers is to select suppliers that have engaged in forward contract or hedging for raw materials. Hedging or forward contracting helps suppliers to lock prices at which raw materials will be procured during the contract tenure.

According to the report, a major growth driver of this market is the growing use of methanol in fuel blends. Methanol is being widely used in gasoline blends. The blended product can be used as a more efficient transportation fuel when compared with clean gasoline.

Further, the report states that a key procurement challenge faced by buyers is the high storage costs and degradation in quality due to improper handling. This is because methanol is highly volatile and has the property to absorb moisture from the air.

Key Topics Covered

1. Category at a Glance

2. Scope of the Report

3. Market Insights

4. Supply Market Insights

5. Pricing Insights

6. Procurement Insights

7. Top Five Suppliers

  • Methanex
  • MHTL
  • SABIC
  • Zagros
  • YaNzhou Coal Mining Company Limited

For more information about this report visit https://www.researchandmarkets.com/research/cb7kkg/global_methanol?w=4