Methanol, also known as methyl alcohol or wood alcohol, is a colorless, volatile liquid with the chemical formula CH3OH. It is the simplest alcohol, consisting of a methyl group (-CH3) linked to a hydroxyl group (-OH). Methanol is a versatile chemical compound with numerous industrial applications, ranging from fuel production and solvent manufacturing to pharmaceuticals and chemical synthesis. The Methanol Market size is expected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028
methanol industry (1)
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