The dimethyl ether market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 15.4% in the above-mentioned forecast period .
Dimethyl ether (DME) is basically an odorless and colorless gas that is produced by the conversion of hydrocarbons through gasification process into synthesis gas. The synthesis gas is transformed into methanol in the existence of catalyst with consequent methanol dehydration under the presence of various catalysts such as silica-alumina. The boiling point for the dimethyl ether is low and the gas is generated from a series of raw materials like coal, biomass, methanol, and natural gas. The automobile sector is increasingly using dimethyl ether in hybrid vehicles. This is projected to boost the worldwide dimethyl ether market growth. A few automobile manufacturers across the world are looking for alternatives to crossover vehicles, which has resulted in a rapid increase in demand for both diesel and bio-diesel. As efforts to meet energy needs from sustainable sources receive government support, the demand for dimethyl ether to manufacture biofuels would grow. As a result, key players operating in the global dimethyl ether market are expected to benefit significantly from the biofuels industry.
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The dimethyl ether market is segmented on the basis of raw material, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of raw material,the dimethyl ether market is segmented into coal, methanol, natural gas, bio-based feedstock.
On the basis of application,the dimethyl ether market is segmented into aerosol propellant, LPG blending, transportation fuel, others.
On the basis of end-user,the dimethyl ether market is segmented into construction, automobile, pesticides, textiles, food ingredients, others.
Asia-Pacific dominates the dimethyl ether market owing to the high availability of raw materials used for manufacturing which are continuously witnessing an upward trend which is mainly due to the increase in the usage of DME in various applications such as LPG blending, aerosol propellant, transportation fuel and other applications within the region. North America on the other hand, will continue to however show lucrative growth within the forecast period owing to its applications in LPG blending as it results in low soot and NOx emissions in the environment.
Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: Dimethyl Ether Market Analysis
§ Chapter 3: Regional analysis of the Dimethyl Ether Market
§ Chapter 4: Market segmentation based on types and applications
§ Chapter 5: Revenue analysis based on types and applications
§ Chapter 6: Market share
§ Chapter 7: Competitive Landscape
§ Chapter 8: Drivers, Restraints, Challenges, and Opportunities
§ Chapter 9: Gross Margin and Price Analysis
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Key players:
- China Energy Holdings Limited,
- Mitsubishi Electric Corporation
- jiuneng Inc,
- Akzo Nobel N.V.,
- The Chemours Company,
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