Dimethyl Ether Market expected to reach 18,550.12 kilotons by 2025 : China Energy Limited, Mitsubishi Corporation, Jiutai Energy Group

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.

DME and bioDME have a number of uses in products and are most commonly used as a replacement for propane in liquid petroleum gas (LPG), but can also be used as a replacement for diesel fuel in transportation. Diesel fuel contains more energy per gallon than the gasoline that we use in most passenger cars, and where pure methanol would not be able to power a diesel engine as effectively, DME can.Today, DME is primarily produced by converting hydrocarbons via gasification to synthesis gas (syngas). Synthesis gas is then converted into methanol in the presence of catalyst (usually copper-based), with subsequent methanol dehydration in the presence of a different catalyst (for example, silica-alumina) resulting in the production of DME.Besides being able to be produced from a number of renewable and sustainable resources, DME also holds advantage over traditional diesel fuel because of its high cetane number – which measures the combustion quality of diesel fuel during compression ignition. By combusting more thoroughly, an engine tailored to run on DME can achieve higher efficiencies, better mileage and emissions reductions.

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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
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 Market Competitors: Global Dimethyl Ether Marke

• 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.

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

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Segmentation: Global Dimethyl Ether Market
By Raw Material
• Coal
• Methanol
• Natural gas
• Bio-based feedstock
• Other
By Application
• Aerosol Propellant
• LPG Blending
• Transportation fuel
• Others
By Geography
• North America
o U.S.
o Canada,
o Mexico
• Europe
o Germany
o France
…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-dimethyl-ether-market

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This release was published on openPR.