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What is Methanol?
Methanol is a biodegradable liquid chemical commonly produced from natural gas. It is fondly called a commodity chemical as it is used as a basic component for numerous specialised chemicals required in the production of industrial and consumable products. Some examples of these are common medicines, household paints and adhesive, high grade plastic and synthetic materials.

Methanol is also used to manufacture a fuel component to make cleaner gasoline that emits less emission.

The global methanol market is expected to expand with the growing demand for its use to generate power, biodiesel generation, dimethyl ether (DME) and other applications.
 
 
Uses of Methanol
 
 
Methanol is vastly used in everyday life, however most notably it is a versatile enabler for the petrochemical industry as it is a feedstock of the most needed of consumer products.

The largest user of methanol is for the production of formaldehyde, which is a basic intermediate with a wide range of end-use applications. Other large user of methanol is for the production of Methyl Tertiary Butyl Ether (MTBE), which is blended into automotive fuel as an octane enhancer.

Uses of methanol are so diverse that it includes use as a raw material for the production of safe and environmentally friendly biochemical products as well as for the production of Methyl Methacrylate (MMA) which is used for making parts of materials for LCD TVs.

Additionally, as an indication of the growing potential of methanol usage, an entire methanol economy, based on methanol as a primary energy-storage medium and fuel, has been seriously proposed.