Bio-based and Synthetic Dimethyl Ether Market in Europe to witness remarkable growth over 2020-2025

The growth graph of worldwide bio-based and synthetic dimethyl ether market is poised to witness a massive momentum during 2019-2025, perhaps attributing to the rising awareness on the use of cleaner fuel as a substitute for conventional fuel for sustainable transportation. Not to mention, dimethyl ether, being exceedingly eco-friendly and cost-effective, maintains a strong base as an effective alternate for diesel as transportation fuel whilst reducing the harmful effects on the human wellbeing and environment.

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The global bio-based and synthetic dimethyl ether market is rather fragmented and highly competitive. The increasing competition has enabled the industry contenders to introduce several DME fuel compatible vehicles to empower the sustainable road transport development, eventually propelling the industry outlook in the ensuing years. Mounting demands for aerosol propellants in Europe, essentially driven by UK, Germany and France, has braced the region to witness promising growth prospects by 2025.

Akzo Nobel NV, China Energy Ltd, Korea Gas Corporation, Royal Dutch Shell PLC, Mitsubishi Corporation, Shenhua Ningxia Coal Industry Group Co., Oberon Fuels, Inc., Fuel DME Production Co. Ltd, Grillo-Werke AG, Guangdong JOVO Group Co. Ltd, are major key players in the bio-based and synthetic dimethyl ether (DME) market.

The region is also explicitly driven by the large scale acceptance of DME based aerosol propellants as a substitute to conventional fuels for the compression ignition engines across Europe. Concurrently, stringent governmental regulations towards reducing the carbon emissions from automotive have also catered to the regional market growth over a period of time.

It is prudent to mention that various regulatory bodies across the globe are undertaking numerous measures to shift their focus away from conventional fuels and deploying high quality ecofriendly fuels. Supporting the fact, European Commission regulation 715/2007/EC has of late set emission limits for cars to regulate pollutants.

These reforms are expected to fuel bio-based and synthetic bio-based and synthetic dimethyl ether market size by the end of 2025.
Endorsing a widespread gamut of applications right from pharmaceuticals to cosmetics, the growth path of DME industry has amassed massive traction in the past few years. The market trends are majorly influenced by the product's robust properties such as high cost efficiency, less odor, high stability, and environment friendliness.

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A report put forward by Global Market Insights, Inc., claims that the worldwide bio-based and synthetic DME market size is anticipated to be valued at USD 10.8 billion by 2025 in terms of revenue.
Based on the raw material segmentation, the bio-based DME segment of overall bio-based and synthetic dimethyl ether market has observed a noteworthy growth spectrum over the past decades. This growth is aptly credited to the material's intensive properties of reducing high greenhouse gas emissions meanwhile offering myriad advantages over the conventionally used fuels.

Chapter 2. Executive Summary

2.1. bio-based and synthetic dimethyl ether industry 360° synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Regional trends

The use of these materials have been widely accepted in restoring and achieving environmental stability in the longer run. Considering the application spectrum, worldwide bio-based and synthetic dimethyl ether market size is characterized by the growing LPG blending sector. Estimates claim that the sector held over 65 per cent of the DME market share in 2018 and this sectoral development is accounted to the obstinate needs for the reduction of toxic emissions.

LPG's rigorous use for domestic heating and cooking purposes has caused inexorable release of harmful pollutants in the environment. This toxic emission can therefore be reduced to an extent by LPG blending which involves adding DME to LPG thereby augmenting the product efficiency.

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