Dimethyl Ether Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Dimethyl Ether Market
The dimethyl ether market size was valued at USD 4.001 billion in 2020, and the market is now projected to grow from USD 4.363 billion in 2021 to USD 8.755 billion by 2028, exhibiting a CAGR of 10.5% during the forecast period of 2021-2028.
Dimethyl ether also known as methoxymethane, wood ether, dimethyl oxide, or methyl ether is the simplest alkyl ether and a compound that is made up of one of the primary methyl group and a secondary methyl group. The next line is normally spelled by DTE. It´s a colorless, hardly flammable, and inert gas with almost nonexistent or minimum narcotic effects that are possible to be converted into liquid under regular conditions and atmospheric pressure. It has similar qualities to those of the liquefied petroleum gas (LPG). More than any other global incident, the COVID-19 pandemic has dramatized its consequences, particularly in the dimethyl ether market growth during the pandemic times in every location.
Aerosol, propellant, chemical feedstock, transportation petrol, and refrigerants are some of the multiple purposes of DME (Dimethyl Ether). The blending of LPG has been one of the major applications in the last few years. LPG scarcity is a very true factor. DME, furthermore, can be done using a set of different raw materials, including wood, syngas, and methanol, therefore, increasing the demand as well as the production. DME can be utilized for cooking and heating, just like the traditional LPG. DME, combined with LPG, can be used in the house for heating and cooking purposes. Adoption of LPG for domestic applications is growing briskly with such blending picking pace within the growing huge and global LPG business, particularly in developing countries where the mobile (bottled) fuel offers cleaner, cooler, and healthier fuel for cooking and heating. Amidst the multitude of factors that have influenced the dimethyl ether market share, each one of them is explicit.
The decarbonization of the mobility sector is already the basis for new approaches to global ecological problems in connection with increased pollution and associated health threats. This would, in turn, be the source of manufacturing different ultra-low-carbon and carbon-negative fuels which would be practical, affordable as well as sustainable alternatives to the existing fossil fuels in the long run.
Comprehensive Analysis of Dimethyl Ether Market
The dimension of the dimethyl ether market is expanding due to the diversity in products. Besides, the progression in chemicals and products is also growing tremendously. With the emergence of this market, modern technologies that are multi-dimensional could be introduced that consider both current supply and demand determinants of the chemical and also new products industry. Departments are usually created in line with actual demands. Also, through apps such as LPG mixture blower, aerosol blowing rep, transportation gas, and other apps, the marketplace is recognized.
In 2020, the Asia Pacific wholesale marketplace touched USD 3. 194 billion. The vulnerability of places shown by fast economic growing states in countries such as China and India was the reason that enabled them to conquer the global market. Dimethyl ether burns thoroughly with zero or the minimum emission, whereas it is a clean and chemical-free fuel. The main features of this alternative diesel are low combustion, high cetane content, and inexpensive fueling equipment which serves to fulfill all the stringent pollutant standards.
Jiutai Energy Group (China), Haldor & Topsoe, Oberon fuels(U.S.),Royal Dutch Shell Plc. (The Netherlands), The Chemours Company (U.S.), Mitsubishi Corporation (Japan), and Toyo Engineering Corporation are some major players in this industry.These groups of companies who are leaders within the discipline offer a stage playing field for all their competitors as they guarantee increase and set requirements for the arena.
Oberon Fuels commenced generating renewable dimethyl ether (rDME) for sale in June 2021. The business is the simplest one in the global to generate this extremely low carbon gasoline on a commercial foundation.
Segmentation Table
Global Dimethyl Ether Market Scope
Study Period 2017-2028
Base Year 2020
Forecast Period 2021-2028
Historical Period 2017-2019
Unit Value (USD Million) and Volume (Kilo Tons)
Segmentation Application; and By Region
By Application LPG Blending
Aerosol Propellant
Transportation Fuel
Others
By Region North America (By Application)
-
The U.S. (By Application)
Canada (By Application)
Europe (By Application)
-
Germany (By Application)
UK (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Russia & CIS (By Application)
Rest of Europe (By Application)
Asia Pacific (By Application)
-
China (By Application)
Japan (By Application)
India (By Application)
ASEAN (By Application)
Rest of Asia Pacific (By Application)
Latin America (By Application)
-
Brazil (By Application)
Mexico (By Application)
Rest of Latin America
Middle East & Africa (By Application)
-
GCC (By Application)
South Africa (By Application)
Rest of the Middle East & Africa (By Application)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Industry SWOT Analysis
- 4.3. Regulatory Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 5. Qualitative Insights – Impact of COVID-19 on Global Dimethyl Ether Market
- 5.1. Supply Chain Challenges
- 5.2. Steps taken by Government/Companies to overcome this impact
- 5.3. Potential opportunities due to COVID-19 outbreak
- 6. Global Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Application (Volume/Value)
- 6.2.1.1. LPG Blending
- 6.2.1.2. Aerosol Propellant
- 6.2.1.3. Transportation Fuel
- 6.2.1.4. Others
- 6.2.2. By Region (Volume/Value)
- 6.2.2.1. North America
- 6.2.2.2. Europe
- 6.2.2.3. Asia Pacific
- 6.2.2.4. Latin America
- 6.2.2.5. Middle East & Africa
- 7. North America Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Application (Volume/Value)
- 7.2.1.1. LPG Blending
- 7.2.1.2. Aerosol Propellant
- 7.2.1.3. Transportation Fuel
- 7.2.1.4. Others
- 7.2.2. By Country (Volume/Value)
- 7.2.2.1. U.S.
- 7.2.2.1.1. By Application (Volume/Value)
- 7.2.2.1.1.1. LPG Blending
- 7.2.2.1.1.2. Aerosol Propellant
- 7.2.2.1.1.3. Transportation Fuel
- 7.2.2.1.1.4. Others
- 7.2.2.2. Canada
- 7.2.2.2.1. By Application (Volume/Value)
- 7.2.2.2.1.1. LPG Blending
- 7.2.2.2.1.2. Aerosol Propellant
- 7.2.2.2.1.3. Transportation Fuel
- 7.2.2.2.1.4. Others
- 8. Europe Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Application (Volume/Value)
- 8.2.1.1. LPG Blending
- 8.2.1.2. Aerosol Propellant
- 8.2.1.3. Transportation Fuel
- 8.2.1.4. Others
- 8.2.2. By Country (Volume/Value)
- 8.2.2.1. Germany
- 8.2.2.1.1. By Application (Volume/Value)
- 8.2.2.1.1.1. LPG Blending
- 8.2.2.1.1.2. Aerosol Propellant
- 8.2.2.1.1.3. Transportation Fuel
- 8.2.2.1.1.4. Others
- 8.2.2.2. UK
- 8.2.2.2.1. By Application (Volume/Value)
- 8.2.2.2.1.1. LPG Blending
- 8.2.2.2.1.2. Aerosol Propellant
- 8.2.2.2.1.3. Transportation Fuel
- 8.2.2.2.1.4. Others
- 8.2.2.3. France
- 8.2.2.3.1. By Application (Volume/Value)
- 8.2.2.3.1.1. LPG Blending
- 8.2.2.3.1.2. Aerosol Propellant
- 8.2.2.3.1.3. Transportation Fuel
- 8.2.2.3.1.4. Others
- 8.2.2.4. Italy
- 8.2.2.4.1. By Application (Volume/Value)
- 8.2.2.4.1.1. LPG Blending
- 8.2.2.4.1.2. Aerosol Propellant
- 8.2.2.4.1.3. Transportation Fuel
- 8.2.2.4.1.4. Others
- 8.2.2.5. Rest of Europe
- 8.2.2.5.1. By Application (Volume/Value)
- 8.2.2.5.1.1. LPG Blending
- 8.2.2.5.1.2. Aerosol Propellant
- 8.2.2.5.1.3. Transportation Fuel
- 8.2.2.5.1.4. Others
- 9. Asia-Pacific Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Application (Volume/Value)
- 9.2.1.1. LPG Blending
- 9.2.1.2. Aerosol Propellant
- 9.2.1.3. Transportation Fuel
- 9.2.1.4. Others
- 9.2.2. By Country (Volume/Value)
- 9.2.2.1. China
- 9.2.2.1.1. By Application (Volume/Value)
- 9.2.2.1.1.1. LPG Blending
- 9.2.2.1.1.2. Aerosol Propellant
- 9.2.2.1.1.3. Transportation Fuel
- 9.2.2.1.1.4. Others
- 9.2.2.2. Japan
- 9.2.2.2.1. By Application (Volume/Value)
- 9.2.2.2.1.1. LPG Blending
- 9.2.2.2.1.2. Aerosol Propellant
- 9.2.2.2.1.3. Transportation Fuel
- 9.2.2.2.1.4. Others
- 9.2.2.3. India
- 9.2.2.3.1. By Application (Volume/Value)
- 9.2.2.3.1.1. LPG Blending
- 9.2.2.3.1.2. Aerosol Propellant
- 9.2.2.3.1.3. Transportation Fuel
- 9.2.2.3.1.4. Others
- 9.2.2.4. ASEAN
- 9.2.2.4.1. By Application (Volume/Value)
- 9.2.2.4.1.1. LPG Blending
- 9.2.2.4.1.2. Aerosol Propellant
- 9.2.2.4.1.3. Transportation Fuel
- 9.2.2.4.1.4. Others
- 9.2.2.5. Rest of Asia Pacific
- 9.2.2.5.1. By Application (Volume/Value)
- 9.2.2.5.1.1. LPG Blending
- 9.2.2.5.1.2. Aerosol Propellant
- 9.2.2.5.1.3. Transportation Fuel
- 9.2.2.5.1.4. Others
- 10. Latin America Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Application (Volume/Value)
- 10.2.1.1. LPG Blending
- 10.2.1.2. Aerosol Propellant
- 10.2.1.3. Transportation Fuel
- 10.2.1.4. Others
- 10.2.2. By Country (Volume/Value)
- 10.2.2.1. Brazil
- 10.2.2.1.1. By Application (Volume/Value)
- 10.2.2.1.1.1. LPG Blending
- 10.2.2.1.1.2. Aerosol Propellant
- 10.2.2.1.1.3. Transportation Fuel
- 10.2.2.1.1.4. Others
- 10.2.2.2. Mexico
- 10.2.2.2.1. By Application (Volume/Value)
- 10.2.2.2.1.1. LPG Blending
- 10.2.2.2.1.2. Aerosol Propellant
- 10.2.2.2.1.3. Transportation Fuel
- 10.2.2.2.1.4. Others
- 10.2.2.3. Rest of Latin America
- 10.2.2.3.1. By Application (Volume/Value)
- 10.2.2.3.1.1. LPG Blending
- 10.2.2.3.1.2. Aerosol Propellant
- 10.2.2.3.1.3. Transportation Fuel
- 10.2.2.3.1.4. Others
- 11. Middle East & Africa Dimethyl Ether Market Analysis, Insights and Forecast, 2017-2028
- 11.1. Key Findings / Summary
- 11.2. Market Size Estimates and Forecast
- 11.2.1. By Application (Volume/Value)
- 11.2.1.1. LPG Blending
- 11.2.1.2. Aerosol Propellant
- 11.2.1.3. Transportation Fuel
- 11.2.1.4. Others
- 11.2.2. By Country (Volume/Value)
- 11.2.2.1. GCC
- 11.2.2.1.1. By Application (Volume/Value)
- 11.2.2.1.1.1. LPG Blending
- 11.2.2.1.1.2. Aerosol Propellant
- 11.2.2.1.1.3. Transportation Fuel
- 11.2.2.1.1.4. Others
- 11.2.2.2. South Africa
- 11.2.2.2.1. By Application (Volume/Value)
- 11.2.2.2.1.1. LPG Blending
- 11.2.2.2.1.2. Aerosol Propellant
- 11.2.2.2.1.3. Transportation Fuel
- 11.2.2.2.1.4. Others
- 11.2.2.3. Rest of Middle East & Africa
- 11.2.2.3.1. By Application (Volume/Value)
- 11.2.2.3.1.1. LPG Blending
- 11.2.2.3.1.2. Aerosol Propellant
- 11.2.2.3.1.3. Transportation Fuel
- 11.2.2.3.1.4. Others
- 12. Competitive Analysis
- 12.1. Business Strategies Adopted by Leading Players
- 12.2. Global Dimethyl Ether Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 13. Company Profiles
- 13.1. Jiutai Energy Group (China)
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Application Portfolio
- 13.1.4. Financials (As per Availaibity)
- 13.1.5. Recent Developments
- 13.2. Haldor Topsoe
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Application Portfolio
- 13.2.4. Financials (As per Availaibity)
- 13.2.5. Recent Developments
- 13.3. Oberon fuels (U.S.)
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Application Portfolio
- 13.3.4. Financials (As per Availaibity)
- 13.3.5. Recent Developments
- 13.4. Royal Dutch Shell Plc. (The Netherlands)
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Application Portfolio
- 13.4.4. Financials (As per Availaibity)
- 13.4.5. Recent Developments
- 13.5. The Chemours Company (U.S.),
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Application Portfolio
- 13.5.4. Financials (As per Availaibity)
- 13.5.5. Recent Developments
- 13.6. Mitsubishi Corporation (Japan)
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Application Portfolio
- 13.6.4. Financials (As per Availaibity)
- 13.6.5. Recent Developments
- 13.7. Toyo Engineering Corporation
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Application Portfolio
- 13.7.4. Financials (As per Availaibity)
- 13.7.5. Recent Developments
- 13.8. Other Key Players
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Application Portfolio
- 13.8.4. Financials (As per Availaibity)
- 13.8.5. Recent Developments
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