Press release
Dimethyl Ether Market SWOT Analysis, Trends and Global Share For Players : AkzoNobel, Shell, The Chemours Company, China New Energy Limited, Mitsubishi Corporation, Ferrostaal GmbH, Grillo-Werke AG, Oberon Fuels & Zagros Petrochemical Company
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The persistent issue of high environmental pollution, faster rate of oil depletion, and growing greenhouse gases concern in the region are the major factors driving the market growth.
On the basis of raw materials, the dimethyl ether market is categorized into methanol, coal, natural gas, and bio-based. During the historical period, methanol accounted for significant share in the dimethyl ether market. The high demand for methanol reflects the ease with which the ether can be produced using methanol as a raw material.
APAC dimethyl ether market is expected to remain the largest regional market during the forecast period. This is attributed to the increasing demand for clean fuel from the transportation, and oil and gas industries in the region.
The major growth drivers identified in the dimethyl ether market is the rising demand for the compound from automotive industry. Growing preference of consumers coupled with emerging environmental concerns have resulted in increased demand for less polluting and enhanced quality fuel in automobile industry.
Growing demand for clean fuel from emerging economies are expected to offer growth opportunities for dimethyl ether market. Countries such as China, and India have emerged as one of the prominent automotive markets in the world. However, this has also resulted in high level of vehicular pollution in major cities of these countries.
Read summary of report here : https://www.psmarketresearch.com/market-analysis/dimethyl-ether-market
Some of the major players operating in the global dimethyl ether market are Akzo Nobel N.V., Shell International B.V., The Chemours Company, China Energy limited, Mitsubishi Corporation, Ferrostaal GmbH, Grillo-Werke AG, Jiutai Group, Oberon Fuels, and Zagros Petrochemical Company.
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