methanol-market-worth-$36.3-billion-by-2026-–-exclusive-report-by-marketsandmarkets

Methanol Market worth $36.3 billion by 2026 – Exclusive Report by MarketsandMarkets™

 

According to the new market research report Methanol Market by Feedstock(Natural Gas, Coal), Derivative(Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry, and Region(North America, APAC, EuropeSouth America, MEA) – Global Forecasts to 2026″, published by MarketsandMarkets™, the Methanol Market size is expected to grow from USD 30.7 billion in 2021 to USD 36.3 billion by 2026, at a CAGR of 3.4% during the forecast period. Methanol is used across industries, such as Construction, Automotive, Electronics, Appliances, Paints & Coatings, Insulation, Pharmaceuticals, Packaging (PET bottles) and Solvents. In the methanol market, automotive is the key end-use industry owing to the wide applications of these methanol.

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