Formaldehyde accounted for a 29 percent share of the global market for methanol as of 2021, which was the largest market segment of any end product. Gasoline blending accounted for a ten percent share of methanol use worldwide.
The largest use overall for methanol is as a feedstock for plastics. It is also used as a feedstock for synthetic resins, dyestuffs, perfumes, and pharmaceuticals, among other uses.
Distribution of methanol consumption worldwide in 2021, by product
Characteristic
Share of consumption
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National Coal Council. (October 31, 2021). Distribution of methanol consumption worldwide in 2021, by product [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/
National Coal Council. "Distribution of methanol consumption worldwide in 2021, by product." Chart. October 31, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/
National Coal Council. (2021). Distribution of methanol consumption worldwide in 2021, by product. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/
National Coal Council. "Distribution of Methanol Consumption Worldwide in 2021, by Product." Statista, Statista Inc., 31 Oct 2021, https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/
National Coal Council, Distribution of methanol consumption worldwide in 2021, by product Statista, https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/ (last visited July 22, 2024)
Distribution of methanol consumption worldwide in 2021, by product [Graph], National Coal Council, October 31, 2021. [Online]. Available: https://www.statista.com/statistics/1059444/market-share-methanol-globally-by-product/