Dimethyl Ether Market Share, Size, Trends, Industry Analysis Report, By Raw Material (Fossil Fuel Based, Bio-based); By Application; By Region; Segment Forecast, 2022 - 2030

Dimethyl Ether Market Share, Size, Trends, Industry Analysis Report, By Raw Material (Fossil Fuel Based, Bio-based); By Application; By Region; Segment Forecast, 2022 - 2030

The global dimethyl ether market size is expected treach USD 8.79 billion by 2030, according ta new study by Polaris Market Research. The report “Dimethyl Ether Market Share, Size, Trends, Industry Analysis Report, By Raw Material (Fossil Fuel Based, Bio-based); By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Dimethyl ether (DME) is obtained from synthesis gas produced from natural gas, coal, or biomass. The dimethyl, alscalled methoxymethane, is a natural compound with the chemical equation CH3OCH3.

There has been considerable growth in the automotive industry owing trising sales of automobiles in developing economies. The increasing automobile sale directly influences the sales of dimethyl, which serves as an additive tthe fuel. Dimethyl ether is produced by converting hydrocarbons tsynthesis gas through gasification. Synthesis gas is first converted tmethanol using a copper-based catalyst, with subsequent dehydration of methanol, thus making ether.

The COVID-19 outbreak has impacted the industry due tsupply chain disruption, lack of raw materials, operational challenges, transportation delays, and travel restrictions. Manufacturing activities and industrial operations have alsbeen halted due tvarious global government regulations. The pandemic has significantly impacted the automobile and industrial industries, resulting in decreased demand and worker impairment. Import restrictions tstop the virus’s spread have alsheld back the market’s expansion.

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Asia Pacific accounted for a major share in 2021. Rising industrial growth, urbanization, and growth in the automotive sector support market growth in this region. Increasing demand for bio-based products coupled with the introduction of stringent emission regulations fuels growth in this region. Major global players are expanding their presence in developing nations of China, Japan, India, and South Korea ttap the growth opportunities these countries offer.

Dimethyl ether Market Report Highlights

• Fossil fuel segment accounted for a significant share owing tthe rising use of low-emission vehicles.
• LPG blending accounted for the largest share of the industry, which is accelerated by providing various paths trenewable & zero-emission fuels for a variety of uses.
• Asia Pacific is expected thold a significant share in 2030 owing tthe increasing environmental awareness and stringent emission regulations.
• The global industry is highly competitive owing tthe existence of prominent market players with a worldwide presence, including China Energy Limited, AkzNobel N.V., Ferrostal GmbH, Royal Dutch Shell Plc, Grillo-Werke AG, Fuel DME Production Co, Guangdong JOVO Group Co., Jiutai Energy Group, Mitsubishi Corporation, Korea Gas Corporation, The Chemours Company, Oberon Fuels, Haldor Topsoe, Shenhua Ningxia Coal Industry Group Co, and Zagros Petrochemical Company.

Polaris market research has segmented the dimethyl ether market report based on raw material, application, and region:

Dimethyl Ether, Raw Material Outlook (Revenue – USD Billion, 2018 – 2030)
• Fossil fuel based
• Bio-based
Dimethyl Ether, Application Outlook (Revenue – USD Billion, 2018 – 2030)
• LPG Blending
• Industrial
• Aerosol Propellant
• Transportation Fuel
• Others
Dimethyl Ether, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
• North America
• U.S
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa