Methanol Market Size Share, Growth Report [2023-2030]
The Methanol Market Size Industry was valued at USD 33.65 billion in 2022 and is projected to reach USD 51.64 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2023 to 2030.
Methanol, a versatile chemical compound, has witnessed significant market growth in recent years. With its wide range of applications across various industries, such as automotive, construction, electronics, and pharmaceuticals, the demand for methanol is expected to continue its upward trajectory.