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However, unlike ethanol, methanol is highly toxic and unfit for consumption. At room temperature, it is a polar liquid, and is used as an antifreeze, solvent, fuel, and as a denaturant for ethanol. It is also used for producing biodiesel via transesterification reaction.ecause of these toxic properties, methanol is frequently used as a denaturant additive for ethanol manufactured for industrial uses. This addition of methanol exempts industrial ethanol (commonly known as  denatured alcohol  or methylated spirit) from liquor excise taxation in the US and some other countries.
Methanol is used primarily as a feedstock for the manufacture of chemicals, and as a fuel for specialized vehicles. As mentioned above, it is a common denaturing agent. As a common laboratory solvent, methanol is especially useful for HPLC, UV/VIS spectroscopy, and LCMS due to its low UV cutoff.