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Stock impact report

Methanol Market worth $55.80 billion by 2030, at a CAGR of 4.1%, says MarketsandMarkets™ [Yahoo! Finance]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Yahoo! Finance
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 alternativ Show less Read more
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