Methanol Plays an Important Role for India's Pharmaceutical Industry

Related Vendors

Pörner Ingenieurgesellschaft mbH

Italvacuum, Srl

TRM Filter d.o.o.

Biofuel or Fuel Additive: The Fastest Growing Markets for Methanol

Methanol Alternative Fuels category includes biodiesel, gasoline blending & combustion, and DME. The market is positioned as the largest and fastest growing methanol category, expected to surge at a strong double-digit growth rate of more than15 per cent over the analysis period. The potential that Methanol offers as an alternative fuel in transportation has been well known for several years.

Energy, Chemical and Pharmaceutical: The Methanol Race is On

Worldwide, fears over energy security and increasing uncertainty over the availability of crude oil in future have given a fresh lease of interest in methanol globally. Presently, several countries are embarking on initiatives to introduce methanol blend in conventional fuels or to promote the use of dedicated methanol vehicles. Rapid development of chemical, construction and automobile industries, and increased usage of the chemical in various end-use segments including alternative fuels, acetic acid, pharmaceuticals and fuel cells among others is encouraging the market growth.

* Courteously of PROCESS India. Source: Research and Markets.

(ID:35149510)