Press release
Dimethyl Ether Market: Global Industry Expected to Grow at CAGR 10.12% and Forecast to 2023
Dimethyl Ether Market
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Report Overview:
In 2015 Aerosol propellants applications were esteemed above USD 1 billion. They provide low toxicity, stability & purity, low relative cost, low odor, versatility & efficiency, extensive range of boiling points, wide vapor pressures range, flammability and environmental friendly attributes thereby boosting industry development over the anticipated time allotment. Transportation fuel is expected to encounter most noteworthy development in the upcoming years.
United States dimethyl ether market accounted for income near USD 300 million in 2015. Territorial market is foreseen to be driven by expanding bio construct dimethyl ether acknowledgment with respect to record of its low outflow attributes. Additionally, Europe is conjecture to encounter considerable development in the upcoming years. Expanding automakers activity, for example, R&D towards low discharging vehicles will drive industry development.
Major Market Players:
The major players in the market are Korea Gas Corporation, Shenhua Ningxia Coal Industry Group Co Ltd, Guangdong JOVO Group Co Ltd, Fuel DME Production Co Ltd, Royal Dutch Shell, Mitsubishi Corporation, Grillo-Werke AG and Oberon Fuels.
The Dimethyl Ether market is segmented as follows-
By Raw Material:
Bio-Based
Fossil Fuel Based
Natural Gas
By Application:
Industrial
LPG Blending
Transportation Fuel
Aerosol Propellants
Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
3.1.Introduction
3.1.1.Market Definition
3.1.2.Market Segmentation
3.2.Market Dynamics
3.2.1.Drivers
3.2.1.1.Growing application as LPG Blend
3.2.1.2.Rising Utilization Aerosol Propellants
3.2.2.Restraints
3.2.2.1.Strict government regulations
3.2.3.Opportunities
Continued…
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