It is forecasted that the Methanol Market will increase by $6.13 billion at a 3.34% CAGR from 2022 to 2027, driven by growing demand for formaldehyde and its derivatives. The APAC region is experiencing a notable rise in Methanol-to-Olefins (MTO) technology adoption. As sustainability and energy efficiency become more important, methanol’s versatility as a chemical feedstock is gaining recognition. This development is expected to elevate methanol’s role in the global market.