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Global Dimethyl Ether (DME) Market: Overview
Dimethyl Ether is commonly referred as DME. It is a downstream derivative of methanol. DME can be acquired from fossil fuel resources like natural gas and coal as well as bio based feedstock like forest waste, agricultural waste, black liquor and municipal waste. Favorable chemical and physical characteristics of DME make it a feasible option for a number of applications. DME’s application as blending chemical in LPG (Liquefied Petroleum Gas) is the most important one. Due to similar properties of DME and LPG, precise proportion blend of the two chemicals does not need major change in logistical operations and existing equipment, which were previously used for LPG alone.
Global Dimethyl Ether (DME) Market: Market Growth Influencer
Dimethyl ether (DME) is a rising petrochemical, which is mostly employed for fuel application and as an aerosol propellant. Presently, the increase in demand of Dimethyl ether is driven by increasing LPG deficits of regions which are already short of oil & gas deposits. In Asia-Pacific Rich coal deposits and stringent emission norms are the major factors, which are anticipated to push the DME market in future. Increasing reliance on LPG imports, increasing environmental concerns, multi source and multi application product are the major driving factors. Under capacity of DME in various potential countries and potential market for transport and power are the major opportunities for Global Dimethyl Ether (DME) Market. Countries with high demand prospective and minor production capacities are always considered as the best opportunity for market players in business segment. Presently, LPG blending is the major application of DME in LPG deficit countries but none of them except China have enough capacities to fulfill their demand for DME. As there are number of projects have been proposed in several countries such as India, Iran, Indonesia etc., but none of them are prepared till date. The deficit of the capacity will be still there even if the proposed projects become operational in the near future. There are some factors existing in the Global Dimethyl Ether (DME) Market which restrict the growth. The most important factor is the requirement of alteration in existing and presented infrastructure.
Global Dimethyl Ether (DME) Market: Market Segmentation
For the purpose of this study, MRFR has segmented the Global Dimethyl Ether (DME) Market into applications and raw materials. On the basis of application the DME market is segmented into LPG blending, aerosol propellant, transportation fuel and others. On the basis of raw materials the market is segmented is segmented into coal, methanol, natural gas and bio bases.
Global Dimethyl Ether (DME) Market: Regional Analysis
The Dimethyl Ether industry has witnessed high growth on an account of technological advancements, increasing applications and growing demand in the energy insufficiency countries. In Asia-Pacific region, except Japan, are mainly focused on using Dimethyl Ether for blending with LPG. Dimethyl Ether is mostly used for blending with LPG, as a diesel substitute and an aerosol propellant. Coal is the chief feedstock employed for manufacturing DME across the globe. Countries which are rich in natural gases prefer to spend in the infrastructure so that they can develop natural gas as a substitute to other fuels.
Global Dimethyl Ether (DME) Market: Key Players
The key players present in the Global Dimethyl Ether (DME) Market Include Aestar (Zhongshan) Co. Ltd, Akzo Nobel N.V, Arrtu Group, China Energy Ltd, DME Aerosol, Ferrostaal Gmbh, Fuel Dme Production Co. Ltd, Guanghui Energy Co. Ltd, Grillo-Werke Ag, Korea Gas Corporation, Methanex Corporation, Xinao Group Co. Ltd, Zagros Petrochemical Co and among others.
SAMPLE REPORT @ Recent research explores the Dimethyl Ether (DME) Market
Market Research Future introduces about Global Dimethyl Ether (DME) Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with company profiles.
The reports also covers brief analysis of Geographical Region includes:
- North America (US, Canada)
- Latin America (Argentina, Brazil, Mexico, Rest of LATAM)
- Western Europe (Germany, France, Italy, Spain, U.K, Rest of Western Europe)
- Eastern Europe (Poland, Russia)
Asia – Pacific
- Asia (China, India, Japan, South Korea, Rest of Asia)
- Pacific Countries (Australia, New Zealand)
Middle East & Africa
- Middle East (Saudi, Qatar, UAE)
- Rest of Middle East (Africa, South Africa, Rest of Africa)
Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
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