Could Methanol Become an Important Fuel for Energy and Mobility?


Louis Brasington
With a global demand of more than 80 million metric tons and a growth rate of 5.4%, methanol is gaining acceptance. The market is projected to be worth $54 billion by 2021. Its uses vary greatly – from adhesives and PET bottles to fleece jackets, packaging, paints and solvents. A key application is the energy market. China alone, as the largest producer and consumer, accounts for 54% of world demand. Alongside oil, gas and hydrogen, methanol is an important fuel... Read More »