Methanol and downstream products
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What are the main downstream products of methanol? What is the current situation in the methanol market, and how is it expected to develop in the future?
Downstream products of methanol: methylamine and DMF, formaldehyde and urea-formaldehyde resin, acetic acid, dimethyl ether. Other relatively popular products include MTO and MTP. Additionally, methanol can be used to blend gasoline; however, there is no clear policy permitting this yet, so we still need to wait
The boom in coal chemical industry in China has led to a severe overcapacity in methanol production; everyone is trying to find solutions. Apart from a few products such as methanol protein, production of many other products has also increased, and it is likely that there is now an overcapacity in those areas as well. Such as acetic acid, ethylene glycol