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Traditionally Methanol is used in a variety of industrial applications. Methanol is primarily used as an industrial solvent for inks, resins, adhesives to wood items, and dyes. It is used as a solvent in the manufacture of cholesterol, streptomycin, vitamins, hormones, and other pharmaceuticals.ethanol is used to produce a variety of chemicals, including formaldehyde and acetic acid. Formaldehyde is added to adhesives used in the wood industry, such as plywood, particle board and laminates.
Methanol (CH 3 OH), also known as wood alcohol, is considered an alternative fuel under the Energy Policy Act of 1992. As an engine fuel, methanol has chemical and physical fuel properties similar to ethanol.his fuel is generally produced by steam-reforming natural gas to create a synthesis gas. Feeding this synthesis gas into a reactor with a catalyst produces methanol and water vapor. Various feedstocks can produce methanol, but natural gas is currently the most economical.