Global Dimethyl Ether Market was valued US$ 4.77 Bn in 2019 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Dimethyl Ether Market Overview:
Dimethyl ether is derived from renewable materials such as municipal waste and biomass as well as natural resources including coal and natural gas, is uncannily similar to LPG and is found in a gaseous state at room temperature. Dimethyl ether is used as an extraction solvent in processing of various food items such as egg proteins, meat proteins, and fruit sugars.
Global Dimethyl Ether Market Segment Analysis:
Global Dimethyl Ether market is segmented by raw material, by application and by region. Dimethyl Ether market is segmented into Coal, Methanol, Natural gas and Bio-based feedstock. Aerosol Propellant, LPG Blending, Transportation fuel and others are application segment of Dimethyl Ether market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Based on the raw material, In terms of value, bio-based feedstock raw material is expected to grow at the highest CAGR of above XX % in the forecast period. Methanol is preferable in multiple applications thus generated a huge demand in 2019. Methanol segment is the most widely used raw material, which accounted for more than XX % of total demand in 2019.
Among the various applications of dimethyl ether, LPG blending represents the XX % of market share for DME. LPG scarcity is a great concern in the countries that have less gas reserves, as they have a very limited choice of replacing LPG with natural gas. Dimethyl ether has emerged as a trustworthy source for such countries to minimize their LPG imports by blending a pre-described amount of dimethyl ether in LPG without any change in current infrastructure. Dimethyl ether is also implemented as an aerosol propellant under liquefied gases propellant category.
Global Dimethyl Ether Market Regional Insight
The Asia-Pacific region is the dominant market for Dimethyl ether in the world. In Asia-Pacific region the capacity has gradually increased and it will grow continuously with new plant establishment for the domestic fuel supply.
Global Dimethyl Ether Market, Key Highlights:
• Global Dimethyl Ether Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Dimethyl Ether Market
• Global Dimethyl Ether Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Dimethyl Ether Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Dimethyl Ether Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Dimethyl Ether Market are also profiled.
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The Scope of Global Dimethyl Ether Market: Inquire before buying
Global Dimethyl Ether Market, by Raw Material:
• Coal
• Methanol
• Natural gas
• Bio-based feedstock
Global Dimethyl Ether Market, by Application:
• Aerosol Propellant
• LPG Blending
• Transportation fuel
• others
Global Dimethyl Ether Market, by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Global Dimethyl Ether Market Key Player
• Akzo Nobel NV
• Toyo Engineering Corporation
• China Energy Limited
• Guangdong JOVO Group Co.Ltd
• Royal Dutch Shell plc
• TOTAL S.A.
• Ferrostaal GmbH
• Oberon Fuels Inc.
• Praxair Inc.
• Grillo-Werke AG
• Zagros Petrochemical Company
• Jiutai Energy Group
• China Energy Limited
• The Chemours Company
• Korea Gas Corporation
• Fuel DME Production Company Limited
• China Energy Ltd
• Shenhua Ningxia Coal Industry Group Company
• Mitsubishi Corporation,
• China Energy Limited,
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