Methyl Alcohol Forecast Analysis, News | Provided by Procurement Resource
Posted on 27 December, 2022 by Endru Smith
| Product Name | Methyl Alcohol |
| HS Code | 290511 |
| Molecular Weight | 32.04 g mol−1 |
| Chemical Formula | CH3OH |
| Synonyms | Carbinol, Methanol, Hydroxymethane, Methyl hydroxide, Methylic alcohol, Methylol, Methylene hydrate. |
| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
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The most basic alcohol, usually known as methanol, is methyl alcohol. Methyl alcohol is a flammable, light, volatile, colourless liquid with a strong alcoholic odour that is similar to that of ethanol (potable alcohol). The polar solvent methanol was formerly called as wood alcohol since it was primarily produced by destructive distilling wood.
Hydrogenating carbon monoxide is the main method used in industrial production of methyl alcohol. The ultimate product of the reaction between the carbon monoxide and hydrogen in the synthesis gas and a catalyst, frequently a combination of copper and zinc oxides supported on alumina, is methyl alcohol. Methyl alcohol has the chemical formula CH30H and a molecular weight of 32.04 g mol-1.
The top producing nations of methyl alcohol are Germany, France, Belgium, Spain, Hungary, and Croatia.
Key Details About the Methyl Alcohol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the methyl alcohol price, lithium carbonate price and sulfur hexafluoride price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The methyl alcohol price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Methyl Alcohol Price Trend:
The industrial applications of methyl alcohol, such as the creation of polymers, chemicals, solvents, and deicers, have an impact on its price trend. Additionally, methyl alcohol is frequently employed in end markets like the packaging, construction, pharmaceutical, and automobile industries.
Key Market Players:
- Methanex Corporation
- SABIC
- Proman AG
- Zagros Petrochemical Co.
- Yankuang Group
News and Events:
- April 15, 2021: The use of methanol as a liquid organic hydrogen carrier in transferring hydrogenation reactions has lately seen notable advances. Over the past three decades, chemists have laboured to create a range of catalytic systems for both methanol dehydrogenation and the use of methanol as a liquid organic hydrogen carrier (LOHC) for the transfer hydrogenation of a number of substrates, including alkynes, alkenes, ketones, aldehydes.
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