Global Dimethyl Ether (DME) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Dimethyl Ether (DME) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Dimethyl ether is an organic substance. Under normal pressure, methyl ether is a colorless gas or compressed liquid with a slight ether aroma. DME is inert at room temperature, not easy to auto-oxidize, non-corrosive, non-carcinogenic, but can be decomposed into methane, ethane, formaldehyde, etc. under radiation or heating conditions.

Due to the shortage of petroleum resources, the abundant coal resources and the increasing awareness of people's environmental protection, the dimethyl ether converted from coal to clean fuel has received increasing attention and has become a carbon-one chemical product with superior performance that has been developed in recent years at home and abroad. As an alternative fuel for LPG and petroleum, dimethyl ether is a chemical with similar physical properties to LPG. It does not produce environmentally harmful gases when burned, and can be produced cheaply and in large quantities.

Dimethyl ether has a wide range of uses. It has excellent combustion characteristics, high cetane number, low pollution, no damage to the atmospheric ozone layer, and easy degradation in the troposphere, so it is widely used as automobile fuel.

Dimethyl ether can also be used as a propellant, foaming agent, solvent, extractant, etc. for aerosols. DME in high concentrations can be used as an anesthetic.

At the same time, it is also used in refrigerants as a substitute for Freon.

Market Overview:

The latest research study on the global Dimethyl Ether (DME) market finds that the global Dimethyl Ether (DME) market reached a value of USD 1554.6 million in 2022. It’s expected that the market will achieve USD 1461.12 million by 2028, exhibiting a CAGR of -1.03% during the forecast period.

Influence Factors

Political factors
Political factors play an important role and directly affect the profitability of the dimethyl ether market. First of all, the political stability of the region will provide a good foundation for the stable development of dimethyl ether. For example, with the final result of the US presidential election, Biden may bring some policy stability, which is beneficial to the dimethyl ether industry. On the contrary, for certain politically turbulent and even severely corrupt areas, participants in DME will reduce economic investment, thereby restricting the development of the industry in the region.

Economic factors

Economic factors will affect the purchasing power of regional consumers. The more developed the economy, the more people will choose products such as automobiles, which will drive the development of the DME market

Technical factors

The preparation of dimethyl ether is affected by technology. Only high-purity dimethyl ether can be used as civil fuel, which has a higher safety factor.

Environmental factors

The upstream of dimethyl ether is oil, natural gas, coal, etc., mainly from coal. With the development of environmental protection awareness and the development of sustainable development concepts, coal mining will face more and more environmental pressures, which makes the dimethyl ether industry seek other alternative raw materials.

Legal factors

The government's regulations on the dimethyl ether industry directly affect the performance and production methods of dimethyl ether. In addition, labor laws and labor laws also make manufacturers accountable to employees.

Opportunities

As a substitute for oil production, dimethyl ether is considered the cleanest alternative fuel for diesel engines, which can reduce nitrogen oxide emissions, achieve smokeless combustion and reduce engine noise. The price of petroleum, the upstream raw material of diesel, fluctuates greatly, and the cost increases, and the price of dimethyl ether is relatively lower than that of diesel. In this context, dimethyl ether will gradually replace diesel and other gas fuels and achieve better development.
As a new basic organic chemical raw material, dimethyl ether has many unique uses in chemical industries such as pharmaceuticals, fuels, and pesticides due to its good characteristics of easy compression, condensation, and gasification.

For example, high-purity dimethyl ether can be used as aerosol propellant and refrigerant instead of Freon, reducing the pollution of the atmosphere and the destruction of the ozone layer. Due to its good water solubility and oil solubility, its application range is much better than that of propane, butane and other petrochemicals. Instead of methanol as a new raw material for the production of formaldehyde, it can significantly reduce the cost of formaldehyde production and shows its superiority in large-scale formaldehyde plants. As a civil fuel gas, its performance indicators such as storage and transportation, combustion safety, premixed gas calorific value and theoretical combustion temperature are better than petroleum liquefied petroleum gas, and can be used as urban pipeline gas peak shaving gas and liquefied gas admixture. It is also an ideal fuel for diesel engines. Compared with methanol fuel vehicles, there is no cold start problem. Dimethyl ether is also one of the main raw materials for the production of low-carbon olefins in the future. As an alternative fuel for LPG and petroleum, dimethyl ether is a chemical with similar physical properties to LPG. It does not produce environmentally harmful gases when burned, and can be produced cheaply and in large quantities.

The broad application prospects of dimethyl ether have brought great development opportunities to the dimethyl ether industrial market.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

ShanXi LanHua Sci-tech is one of the major players operating in the Dimethyl Ether (DME) market, holding a share of 5.58% in 2021.

Lanhua Kechuang’s Orchid brand coal is a symbolic brand-name product of Shanxi Province, and is favored by users in China's domestic chemical, electric power, metallurgy, building materials and other industries. Lan brand urea, methanol, dimethyl ether, caprolactam, ammonium sulfate and other products sell well in more than a dozen provinces and cities in China.

Kaiyue Group manufactures and distributes chemical products. The Company produces, processes, and sells chemicals and other related products.

Segmentation Overview:

Among different product types, Coal Based DME segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Chemical segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Dimethyl Ether (DME) market covered in Chapter 3:

Nouryon
The Chemours Company
Jiutai Energy Group
Shenhua Ningxia Coal
Grillo Werke
ShanXi LanHua Sci-tech
Zagros
ShanDong YuHuang Chemical
Oberon fuels
KaiYue Group
Royal Dutch Shell

In Chapter 4 and Chapter 14.2, on the basis of types, the Dimethyl Ether (DME) market from 2018 to 2029 is primarily split into:

Methanol Based DME
Coal Based DME
Bio Based DME
Natural Gas Based DME
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dimethyl Ether (DME) market from 2018 to 2029 covers:

Manufacturing
Electrical
Automotive
Chemical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)