Methanol Market Overview Methanol is a liquid which is manufactured mostly through oxidization of methane or through synthesis of carbon monoxide and hydrogen. Methanol is termed as wood alcohol since it depicts properties similar to conventional fuels. Methanol is chiefly utilized as a fuel in vehicles as well as an antifreeze solution in automobiles. It is also used as a feedstock for manufacturing various products such as formaldehyde, acetic acid, MTBE, DME, and others. It is used widely in numerous other industrial applications. It is a volatile, colorless, toxic, and flammable liquid. Globally, methanol is produced at around 90 methanol plants. Most of these methanol plants are located...
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