PUBLISHER: GlobalData | PRODUCT CODE: 1520924
PUBLISHER: GlobalData | PRODUCT CODE: 1520924
The global Methanol market has shown a robust and consistent growth and is expected to grow at a healthy 2% CAGR over the period 2024-2030. China remains the leading consumer of Methanol on a global scale. With the advancement in urbanization and industrialization in Asian countries such as China, India, South Korea, Japan, and Taiwan, the need for methanol in various sectors such as construction, packaging, and automotive has increased. This has resulted in an increased demand for Methanol in the region.