Methanol Market by 2024 - Analyzed by Type, End-user and Geography – IMARCGroup.com
According to IMARC Group’s new report, titled “ Methanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 ”, the global methanol market has reached a value of US$ 20.7 Billion in 2017, exhibiting a CAGR of 9.2%% during 2010-2017. Methanol, also known as wood alcohol, is a colourless liquid produced via the reaction of syngas and hydrogen in the presence of a catalyst. It is miscible in water, alcohol, ether, ketones and most other organic solvents. Although it is poisonous to human beings, methanol has diverse applications in a number of industries. Request for a free sample copy of this research report: https://www.imarcgroup.com/methanol-technical-material-market-report/requestsample Highlights of the global methanol market: Applications of methanol in the energy sector and its use in the production of chemicals are driving its demand. Formaldehyde represents the largest end-use industry globally. China is the la...