Forecasting Methanol Market Growth: USD 45.56 Billion in 2025 to USD 55.80 Billion by 2030
Methanol, also known as methyl alcohol or wood alcohol, is the simplest aliphatic alcohol with the chemical formula CH₃OH. It’s a light, colorless, flammable liquid with a distinctive alcohol-like odor. Once derived from wood, methanol is now primarily produced by hydrogenating carbon monoxide. Widely used as a chemical feedstock, methanol plays a key role in the production of...
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