The global methanol market is predicted to be valued at $39,283.4 million by 2028 , surging from $24,000.0 million in 2020 at a noteworthy CAGR of 6.4% . Impact Analysis of COVID-19 on the Methanol Market The coronavirus outbreak has brought drastic changes in terms of methanol demand, supply chain, import export, and availability of labors and raw materials. All these factors have resulted in considerable revenue loss and decline in demand from end-use industries such as automotive, construction, chemicals, appliances, electronics, and others. For instance, in automotive sector methanol is widely used in the manufacturing of safety glass laminate, fuses, light lens, polyurethane dashboard foam, automotive paints, and others. However, the demand for automotive vehicles was negatively impacted owing to lockdown imposed across various countries and reduced spending on the purchase of non-essential goods. Similarly, in chemicals industry where methanol is used for the producti
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