Delray Beach, FL, July 01, 2025 (GLOBE NEWSWIRE) -- The Global Methanol Market is projected to grow from USD 45.56 billion in 2025 to USD 55.80 billion by 2030, at a CAGR of 4.1% during the forecast period, as per the recent study by MarketsandMarkets™. The increasing requirement of methanol-to-olefins (MTO) and methanol-to-propylene (MTP) processes plays an essential role in the global methanol industry. With these technologies, methanol can become a key feedstock for producing noble petrochemicals like ethylene and propylene, which are used extensively in plastics, packaging, and textiles. China, in particular, has invested heavily in MTO/MTP plants to wean off reliance on traditional naphtha production, securing a stable demand for methanol. The growing acceptance of methanol as an alternative fuel has also supported market growth. Methanol’s cleaner combustion properties make it a favorable candidate for mixing with gasoline, marine, and heavy-duty transport fuels, thus allowing industries to comply with increasingly tighter emissions regulations. More and more countries are now looking into methanol-based fuel alternatives to help them transition to low-carbon energy infrastructure. All these factors play an important role in the global demand for methanol.