The global methanol market is estimated to reach USD 100.3 billion by 2024, primarily driven by its widespread of applications in adhesives, paints, and plastics. Asia Pacific is the fastest growing market in terms of volume, growing at a CAGR of 8.6% and is expected to maintain its dominance over the forecast period.
According to the new market research report by IndustryARC, “Asia Methanol Market: By Application (Formaldehyde, Acetic Acid, MTBE, DME, MTO, Gasoline Blending & Combustion and Others) & By Country (China, Japan, South Korea, Taiwan, India, Malaysia & Others) - (2018-2023)”, the market is driven by the growing methanol demand ... Read more
