Methanol Market - U.S. and China Emerge as Leading Contributors to Global Methanol Industry
Methanol is primarily used as an antifreeze solution in automobiles and as fuel in vehicles. It is also used in manufacturing of many products such as formaldehyde, acetic acid, MTBE, DME, MTO/MTP and others. It is a volatile, colorless, toxic, and flammable liquid manufactured through oxidization of methane or through synthesis of carbon monoxide and hydrogen.
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