Dimethyl Ether Market Value to Cross USD $14.4 Billion by 2025: Global Market Insights, Inc.

Dimethyl ether market finds widespread applications as an aerosol propellant across several end-user industries, including paints and coatings, pharmaceuticals, and cosmetics, owing to low cost, low odor, high stability and purity, low toxicity, wide vapor pressure range, and environmental friendliness.

Dimethyl Ether Market Value to Cross USD 14.4 Bn by 2025

​​The global dimethyl ether market for LPG blending led the overall business in 2018 and is likely to observe a promising growth of 7.6% over the forecast timespan. The prime factors responsible for the increasing dimethyl ether demand for LPG blending is the pressing need to reduce harmful emissions, which has been increasing, owing to the rising population primarily in Asia-Pacific. LPG use for heating and cooking for domestic purposes has been a major cause of increasing harmful pollutants in the environment, which can be condensed by LPG blending with dimethyl ether, which is added up to a volume concentration of 15%-20%, and it is feasible to add value-adding benefits to LPG use across domestic purposes.

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The fossil fuel-based dimethyl ether market led the overall industry in 2018 and is forecast to exhibit a high growth rate over the forecast timeframe. This is attributed to the abundant availability of natural gas recoverable reserves which can be utilized to produce a product for its widespread applications in LPG blending, aerosol propellants, transportation fuel and other industrial applications, including refrigerants, blowing agents for insulation panels, fuel for welding and cutting, and solvent extracting agents, etc. Easy availability of natural gas, owing to technological advancements, which is attributed to high R&D investment in the oil and gas industry, will help attain promising gains in the fossil fuel-based market by 2025.

The global dimethyl ether market comprises many large multinational players, as well as mid-scale vendors. Some prominent players operating in the industry are China Energy Ltd, Akzo Nobel NV, Royal Dutch Shell PLC, Korea Gas Corporation, Mitsubishi Corporation, Guangdong JOVO Group Co., Fuel DME Production Co., Ltd, Ltd, Grillo-Werke AG and Shenhua Ningxia Coal Industry Group Co.

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Asia-Pacific, chiefly led by India and China, accounted for a major share in the global dimethyl ether market in 2018. In addition, the region will experience a significant growth rate over the forecast timespan. High product demand in Asia-Pacific is attributed to its widespread applications in LPG blending, which is gradually gaining momentum to attain environmental sustainability. Improving regulatory framework in the favor of the environment in the region is encouraging product applications in LPG blending to reduce soot, particulate matter and other pollutants to improve the overall air quality in the long run.

Browse key industry insights spread across 225 pages with 226 market data tables and 18 figures and charts from the report, “Dimethyl Ether Market By Raw Material (Fossil Fuel Based, Bio Based), Application (LPG Blending, Aerosol Propellants, Transportation Fuel, Industrial), Regional Outlook, Price Trends, Competitive Market Share and Forecast 2025,” in detail, along with the table of contents:

https://www.gminsights.com/industry-analysis/dimethyl-ether-dme-market

 

Table of Contents (ToC) of the report:

Chapter 3. Dimethyl Ether Market Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014-2025

3.3.  Industry ecosystem analysis

3.4.  Innovation and sustainability

3.5.  Industry impact forces

3.6.  Regulatory landscape

3.7.  Growth potential analysis

3.8.  Regional price trends

3.9.  Competitive landscape, 2018

3.10.    Porter’s analysis

3.11.    PESTEL analysis

Browse Complete Table of Contents (ToC) at

https://www.gminsights.com/toc/detail/dimethyl-ether-dme-market

 

Browse Related Reports:

Dimethyl Carbonate Market 2019-2024: The global dimethyl carbonate market size is set to reach USD $738.2 million by 2024, with estimated gains at a 6.6% CAGR. Solvent applications will expand at over a 6% CAGR to 2024. The product offers high solubility, evaporation rate and low odor, which makes it suitable to find usage in the paint and coatings industry.

https://www.gminsights.com/industry-analysis/dimethyl-carbonate-market

Decabromodiphenyl Ether Market 2019-2025: The U.S.'s 83% decaBDE market size from textiles applications may register significant gains at 3.5% by 2025. These products are widely used in home and office furnishings, owing to their lighter, more efficient and cost-effective capabilities. Germany's 97% decaBDE market demand from polyolefins wires and cables may register gains close to 4%, up to 2025. Increasing building infrastructure has fueled the demand for power and energy in residential and commercial sectors, which is the major driver of the industry.

https://www.gminsights.com/industry-analysis/decabromodiphenyl-ether-market

 

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.

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Tags: Aerosol Propellants, Bio-based, Dimethyl Ether Market, Fossil Fuel Based, Industrial, LPG Blending, Raw Material, Transportation Fuel


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Corporate Sales, USA, Global Market Insights Inc.
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