What's driving the dimethyl ether market trends? Top Key players are AkzoNobel, Shell, Mitsubishi Corporation, Oberon Fuels, Grillo-Werke AG

The dimethyl ether market report delivers a detailed decade long pre-historic and forecast for the sector and also involves data on the socio-economic scenario. Key stakeholders will be able to analyze the statistics and the tables and figures given in the report for strategic planning that will help lead to the success of the organization.

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Global dimethyl ether market share is majorly driven by surging awareness regarding the use of cleaner energy sources and the pressing need to curb harmful emissions on a global scale. In terms of revenue, global bio-based and synthetic DME market size are touted to cross USD 14 Bn by 2025. Dimethyl ethyl, when blended with conventional LPG, can provide ecological as well as economic benefits driving the deployment of the product as a domestic fuel. In addition, ongoing efforts by the regulatory bodies towards encouraging the use of greener sources of energy will also favor synthetic and bio-based DME market outlook.

Aerosol propellants are one of the dominant segments showcasing increased demand for dimethyl ether market. Aerosol propellants are widely used chemicals in a variety of industries comprising cosmetics, pharmaceuticals, and coatings. The upsurge in interest from regional players has contributed towards a healthy growth outlook for DME in aerosol propellant applications. For instance, in January 2015, SRF Limited announced the acquisition of Dupont's propellant brand Dymel.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. China Energy Engineering Group Co. Ltd.
2. AkzoNobel
3. Korea Gas Corporation
4. Shell
5. Mitsubishi Corporation
6. Oberon Fuels
7. Grillo-Werke AG
8. Guangdong JOVO Group Co., Ltd.

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With the rapid increase in the production and use of commercial vehicles, the transportation fuel application has turned out to be one of the most promising growth avenues for the dimethyl ether market. Although diesel engines and dimethyl ether are said to have similar power and efficiency ratings, utilizing DME as an alternative to diesel fuel can notably eliminate the emission of particulates and possibly remove the need for costly particulate filters. On the other hand, due to much lower energy density than diesel, dimethyl ether may require a fuel tank that is almost double in size but considering the savings, in cost and emissions it can achieve automakers can be expected to try and find solutions to better implement a DME-powered engine. In 2017, almost 23.85 million commercial vehicles were produced worldwide, indicating tremendous growth prospects for the dimethyl ether industry.

In the cosmetic industry, DME as an aerosol propellant finds usage in fragrances, hair sprays, and other similar products. Using dimethyl ether as an aerosol propellant has significant benefits - it provides purity & stability, costs relatively low, has low odor, low toxicity, reduced flammability, and has a wide vapor pressure range. Driven by the fact that it is environmentally friendly, bio-based and synthetic dimethyl ether market share from aerosol propellants is anticipated to increase considerably in the years ahead.

North America is a prominent bio-based and synthetic DME market and is slated to amass promising gains in the coming years. Continuous demand from LPG blending and aerosol propellant sectors is a major factor driving the industry growth. As per the estimates of the Consumer Specialty Products Association (CSPA), North America produced aerosol products over 4.2 Bn units in 2015. Furthermore, the World LPG Association (WLPGA) ranked the US as the foremost producer as well as consumer of LPG in 2015.

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Besides North America, APAC will also witness substantial growth in the coming years owing to the rapid deployment of DME in LPG blending. Moreover, rising environmental sustainability trends coupled with a strict regulatory framework will also drive regional market growth. For the record, APAC held a major share of the global dimethyl ether market landscape in 2018. China and India are touted as the major regional revenue pockets.

Top companies in the dimethyl ether industry are 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, and Guangdong JOVO Group Co. Ltd,

Main Features of the Global Market Research Report:

-The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global dimethyl ether (DME)market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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