Growth Projection: Renewable Methanol Industry Anticipates USD 398.1 Million Valuation by 2033, Growing at 6.6% CAGR | FMI Reports

In 2023, the renewable methanol industry is anticipated to reach USD 210.1 million and is projected to grow to USD 398.1 million by 2033. Renewable methanol finds significant applications in the chemical sector for producing acetic acid, formaldehyde, and plastics, driving its demand upward over the forecast period. Increasingly, biomethanol is being utilized in the …