Is Methanol the Fuel of the Future? Global Market Trends &...

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2025-04-29 12:04:14 -

Is Methanol the Fuel of the Future? Global Market Trends & Forecast to 2034

The global methanol market is gaining significant momentum as the world pushes for cleaner energy alternatives and sustainable industrial practices. In 2024, the global methanol market reached a volume of 91.34 million metric tons (MMT). With a projected compound annual growth rate (CAGR) of 3.80%, it is expected to reach 132.63 MMT by 2034. This rising demand is largely fueled by methanol's...

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