Market Overview
Dimethyl ether is a type of gas which is colorless and odorless in nature. This gas is produced from raw materials such as coal, methanol, natural gas, and biomass. Various factors like lower boiling point and zero sulfur content have led to the rise in surge of dimethyl ether as solvent in chemical and petrochemical industries globally
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Market Dynamics
The global dimethyl ether market has witnessed significant growth in recent past years, owing to the rise in usage of clean, non-petroleum based, and high-performance ignition fuels as an alternative to LPG across the globe. Asia Pacific is expected to be the fastest-growing region in the dimethyl ether market, owing to increasing growth of transportation industry in the region. This is expected to propel the growth of the dimethyl ether market in this region.
Major players in the global dimethyl ether market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as transportation, industries, oil & gas, automobile and others. This scenario is expected to fuel the market during the forecast period.
Detailed Segmentation:
Global Dimethyl Ether Market, By Product Type:
Fossil Fuel Based
Bio Based
Global Dimethyl ether Market, By Application:
LPG blending
Aerosol propellants
Transportation fuel
Industrial
Others
Key companies covered as a part of this study includes China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation
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