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.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/852


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.

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.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/toc/detail/dimethyl-ether-dme-market

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.

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 market 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.

Browse More News:

https://www.globenewswire.com/news-release/2019/08/29/1908213/0/en/Spray-Adhesives-Market-to-cross-USD-90-Bn-by-2025-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2019/07/29/1892694/0/en/Bitumen-Membranes-Market-to-cross-USD-3-5-Bn-by-2025-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2019/04/22/1807178/0/en/Fluorosilicic-Acid-Market-to-exceed-1bn-by-2025-Global-Market-Insights-Inc.html

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.