PUBLISHER: GlobalData | PRODUCT CODE: 1936129
PUBLISHER: GlobalData | PRODUCT CODE: 1936129
Methanol is a crucial petrochemical feedstock with a wide range of applications. It is primarily converted into formaldehyde (for resins/plastics), acetic acid (for fibers/solvents), and olefins (ethylene/propylene).The global methanol market is having steady growth over the years. It is expected to grow significantly at 3% CAGR over the period 2026-2030.