Global Dimethyl Ether Market Analysis 2018-2025: Top Players China Energy Ltd, Mitsubishi Corporation, Jiutai Energy (Zhangjiagang) Co. LTD

Dimethyl Ether (DME) is produced by the conversion of hydrocarbons through gasification process into synthesis gas. Synthesis gas is transformed into methanol in the existence of catalyst with consequent methanol dehydration under the presence of various catalysts like silica-alumina. It is commonly used as a replacement for propane in liquid petroleum gas (LPG) and in diesel fuel in transportation. Diesel fuel is more effective than gasoline, it is utilized where pure methanol wouldn’t be able to power a diesel engine efficiently and also used in almost every passenger cars. Due to its high ocetane number, it acts as an advantage over traditional diesel fuel. DME can accomplish better mileage and emissions reductions along with higher efficiencies. Rising environmental concern towards dimethyl ether is a factor which will drive the market. For instance, according to U.S. Federal Regulations, Dimethyl Ether is subjected to the reporting requirements of Section 112(r) of the Clean Air Act. Thus, it involved as flammable gas on-site, in quantity 10,000 lb (4,553 kg) or greater comes under this particular regulation except it is used as a fuel.

The Global Dimethyl Ether Market is expected to reach 18,550.12 kilotons by 2025, from 5788.4 KT in 2017, growing at a CAGR of 15.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Key Market Competitors in the Global Dimethyl Ether Market are:

• China Energy Limited
• Mitsubishi Corporation
• Jiutai Energy Group

The other players in the market are Akzo Nobel N.V., China Energy Limited, The Chemours Company, Royal Dutch Shell PLC, Ferrostaal GmbH, Grillo Werke AG, Jiutai Energy Group, Oberon Fuels, Zagros Petrochemical Company, TOTAL S.A., Grillo-Werke AG., Praxair, Inc. among others.

Global Dimethyl Ether Market is segmented into:

By Raw Material
• Coal
• Methanol
• Natural gas
• Bio-based feedstock
• Other

By Application
• Aerosol Propellant
• LPG Blending
• Transportation fuel
• Others

By Geography
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
• Asia-Pacific (Japan. China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
• South America (Brazil, Rest of South America)
• Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Global Dimethyl Ether Market, By Raw Material (Coal, Methanol, Natural gas, Bio-based feedstock), By Application (Aerosol Propellant, LPG Blending, Transportation fuel, Others), By End User (Construction, Automobile, Pesticides, Textiles Food Ingredients, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025.

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Market Drivers:

• Increasing alternatives of raw material and wide application in products
• Rich coal deposits in Asia-Pacific
• Rising environmental concern driving the demand for DME

Market Restraint:

• Alteration in the existing infrastructure
• Less effective than the Diesel fuel

Competitive Landscape regarding Global Dimethyl Ether Market

The global dimethyl ether market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the dimethyl ether market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global dimethyl ether market
• Analyze and forecast the dimethyl ether market on the basis of raw material and application
• Trends of key regional and country-level markets for raw material and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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This release was published on openPR.