Methanol is widely used as a solvent in various industries, including pharmaceuticals, paints, and coatings, due to its ability to dissolve many organic compounds. It serves as a key component in the production of formaldehyde, which is essential for manufacturing plastics, adhesives, and resins. In the energy sector, methanol is utilized as a fuel additive and an alternative fuel for vehicles, particularly in methanol-powered engines. It also plays a significant role in the synthesis of biodiesel, acting as a transesterification agent. Additionally, methanol is employed in wastewater treatment as a denitrification agent to remove nitrogen compounds. Its use extends to the chemical industry as a precursor for producing acetic acid, methyl tert-butyl ether (MTBE), and other chemicals.