To 2025, Bio-based and Synthetic Dimethyl Ether Market in Asia Pacific to acquire substantial gains | By top players Guangdong JOVO Group, Fuel DME Production Co

Speaking on the regional spectrum, it is rather overt that Asia Pacific Bio-based and Synthetic Dimethyl Ether Market led by China and India holds a prominent position in the global bio-based and synthetic dimethyl ether industry. The growing population of China and the extensive product usage for domestic purposes are the two major grounds influencing the regional market growth prospects. In addition to this, the expanding production base with extensive capacities is also allowing Japan to stand as a strong contender in the APAC bio-based and synthetic dimethyl ether market.

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The rising need to use a cleaner energy generation source will be the major factor, which will drive the overall bio-based and synthetic dimethyl ether market during the forecast period. Dimethyl ether is blended with LPG to be used for domestic cooking and heating owing to reduced emissions and economic benefits. Rising ecological concerns and the need to replace the conventional LPG by blending LPG with DME are likely to make significant contributions toward dimethyl ether market over the projected time span.

This product is gradually gaining momentum in the industry owing to its rising applications as domestic fuel used for heating & cooking. It has been encouraged by regional regulatory bodies as it is a greener source of energy generation, which will help in reducing soot, particulate matter and other pollutants in the environment to restore and maintain environmental stability in the longer run. The product has widespread industrial applications in the pharmaceutical industry, home care, etc., which will help in attaining promising gains for bio-based and synthetic dimethyl ether market during the forecast period. Prominently growing pharmaceutical industry in Asia Pacific is likely to fuel the product demand over the forecast timespan.

bio-based and synthetic dimethyl ether market for industrial applications although small but is likely to attain promising gains in near future. It is anticipated to grow with a significant CAGR over the projected timespan owing to extensive applications as an intermediate in preparing basic organic chemicals, catalyst in the polymerization process, etc. which suggests higher growth potential for the industrial segment. Other product applications include refrigerants, blowing agents for insulation panels, fuel for welding & cutting and the solvent extracting agent, etc. Moreover, robust demand for power in emerging economies such as India and China will boost the product demand as it is extensively used in power generation, which is expected to generate potential growth avenues for the industry in the coming years.

Many multinational giants are working in the bio-based and synthetic dimethyl ether market. Some major vendors operating in the industry includes, Akzo Nobel, China Energy, Korea Gas, Royal Dutch Shel, Mitsubishi Corporation, Guangdong JOVO Group, Fuel DME Production Co., Grillo-Werke AG and Shenhua Ningxia Coal Industry Group.

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Glimpse of Table of Content (ToC)
Chapter 5. Bio-based and Synthetic Dimethyl Ether Market, By Application
5.1. Dimethyl ether market application insights
5.2. LNG blending
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Dimethyl ether market estimates and forecast by region, 2014 - 2025
5.3. Aerosol propellants
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
5.4. Transportation fuel
5.4.1. Dimethyl ether market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast by region, 2014 - 2025
5.5. Industrial
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast by region, 2014 - 2025
5.6. Others (Power generation, Chemicals, etc.)
5.6.1. Market estimates and forecast, 2014 - 2025
5.6.2. Dimethyl ether market estimates and forecast by region, 2014 - 2025

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