Press release
Dimethyl Ether Market Demands, Top Manufactures, Industry Growth Analysis and Forecast to 2030
Dimethyl Ether Market: IntroductionDimethyl ether is a colorless gas with a faint ethereal odor. It is shipped as a liquefied gas under its vapor pressure. Dimethyl ether is the simplest ether in the ether group. Dimethyl ether can either be derived from renewable materials such as biomass, municipal waste, and agricultural waste, or from fossil fuels such as coal and natural gas. Presently, a vast majority of commercial DME is derived from fossil fuels. LPG blending is one of the major application ofย dimethyl ether marketย across the globe.
The report estimates and forecasts the market on the global, regional, and country levels. The study provides forecast between 2021 and 2031 based on volume (kilo tons) and revenue (US$ Mn) with 2020 as the base year. The report provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/dimethyl-ether-market.html
The study includes drivers and restraints for the dimethyl ether market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the dimethyl ether market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.
Dimethyl Ether Market: Dynamics
Application-wise, the dimethyl ether market has been segmented into LPG blending, aerosol propellants, power plant fuel, chemical feedstock, transportation fuel, and others such as refrigerants and production processes that require heat. LPG blending was the most common use of DME, accounting for more than three-quarters of the overall demand in 2020. DME is being combined with LPG as a substitute fuel additive to improve combustion and reduce harmful emissions while lowering reliance on LPG. Roughly 15-25% of DME is used in DME-LPG blends. Countries such as India, China, and Indonesia are actively promoting the use of DME as an alternative fuel, as they are heavily reliant on imports to meet their domestic LPG consumption.
Based on raw material, the global dimethyl ether market has been segmented into methanol, natural gas, coal, and others such as bio-based ingredients. The methanol segment accounted for over 90% of the overall demand in the dimethyl ether market in 2020. This high demand reflects the simplicity with which DME can be manufactured utilizing methanol as a raw material.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1650ย
Furthermore, producing DME from methanol is a low-cost and simple method. In 2020, coal held the second-largest share of the dimethyl ether market. The use of coal as a raw material in the production of DME causes pollution, and as a result, the segment is contracting. The production of DME from natural gas is an expensive process.
Dimethyl Ether Market: Prominent Regions
With Asia Pacific as a dominating region, the regional segmentation includes the current and forecast demand for dimethyl ether in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for various segments. Key countries such as the U.S., Canada, Germany, France, the U.K., Spain, Italy, India, China, Japan, South Africa, Mexico, and Brazil have been included in the study. Market segmentation includes demand for individual raw material in all the regions and countries.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1650ย
Dimethyl Ether Market: Key Players
The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Toyo Engineering Corporation, China Energy Ltd., and Guangdong JOVO Group Co. Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
Global Dimethyl Ether Market: Segmentation
Dimethyl Ether Market, by Raw Material
Coal
Natural Gas
Methanol
Others
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Dimethyl Ether Market, by Application
Aerosol Propellants
LPG Blending
Transportation Fuel
Power Plant Fuel
Chemical Feedstock
Others
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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