Methanol is a colorless, volatile, and flammable liquid that is used as a feedstock in a variety of applications. The global Methanol Market is expected to reach USD 26.63 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030.
The primary application of methanol is in the production of formaldehyde, which is used in the production of various resins and plastics. Methanol is also used as...
Methanol, a versatile chemical compound, has emerged as a crucial component in various industries, ranging from energy to manufacturing. Its importance lies in its ability to serve as a feedstock for numerous processes, including the production of chemicals, fuels, and plastics. The global methanol market has witnessed significant growth in recent years, driven by expanding applications and...
Introduction: Methanol, a versatile chemical compound, has emerged as a crucial component in various industries, ranging from energy to manufacturing. Its importance lies in its ability to serve as a feedstock for numerous processes, including the production of chemicals, fuels, and plastics. The global methanol market has witnessed significant growth in recent years, driven by...
Market Key Players
Celanese Corporation (Texas)
SABIC (Saudi Arabia)
BASF SE (Germany)
PETRONAS (Malaysia)
Methanex Corporation (Canada)
Market Overview
Market Research Future (MRFR) studied the global methanol market 2022 across the analysis period till 2030. The gradual increase in industrial applications of methanol can promote the market in the near future. The methanol industry can surge...
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