Global Methanol Industry Valued at USD 22.0 Bn in 2023, Set to Hit...

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2026-03-10 17:04:59 -

Global Methanol Industry Valued at USD 22.0 Bn in 2023, Set to Hit USD 32.9 Bn by 2034

The global methanol market was valued at USD 22.0 Bn in 2023 and is expected to witness steady growth over the forecast period. The market is projected to expand at a CAGR of 3.4% from 2024 to 2034, driven by increasing demand from the chemical industry, rising use in fuel blending, and growing applications in formaldehyde, acetic acid, and olefins production. With expanding industrial...

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