Di Methyl Ether Market Competitive Analysis, Upcoming Demand And Growth Forecast 2019 To 2027


Posted February 9, 2022 by rohit890

Dimethyl ether is a colorless and odorless gas with a low boiling point.
 
Market Overview

Dimethyl ether is a colorless and odorless gas with a low boiling point. It is produced from various raw materials such as methanol, coal, biomass, and natural gas. It has no sulfur content which makes it ideal energy fuel and is widely used across the various industry such as petrochemical and chemical as a solvent.

The global dimethyl ether market is projected to surpass US$ 15.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 9.5% during the forecast period (2020 to 2027).

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Market Dynamics

The global dimethyl ether market has witnessed significant growth in recent past years, owing to the rise in usage of clean, non-petroleum based, and high-performance ignition fuels as an alternative to LPG across the globe. Asia Pacific is expected to be the fastest-growing region in the dimethyl ether market, owing to increasing growth of transportation industry in the region. This is expected to propel the growth of the dimethyl ether market in this region.

Major players in the global dimethyl ether market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as transportation, industries, oil & gas, automobile and others. This scenario is expected to fuel the market during the forecast period.

Detailed Segmentation:

Global Dimethyl Ether Market, By Product Type:

Fossil Fuel Based

Bio Based

Global Dimethyl ether Market, By Application:

LPG blending

Aerosol propellants

Transportation fuel

Industrial

Others

Key players are operating in the global dimethyl ether market are China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation


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Last Updated February 9, 2022