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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 is widely used as a raw material in the production of other chemicals, particularly formaldehyde. Ethanol, not methanol, is the type of alcohol that's found in beer and wine. Methyl alcohol is an ingredient in some antifreeze mixtures.nstead of using the compound as a fuel in itself, methanol can be used to produce biodiesel, which can be burned in some diesel vehicles without expensive modifications to the engine. The methyl alcohol is heated with vegetable oil, along with sodium or potassium hydroxide, which acts as a catalyst.