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Dimethyl Ether Market Size, Share & Growth | Forecast [2030]
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Dimethyl Ether Market Size, Share & Growth | Forecast [2030]

Segments - Dimethyl Ether Market by Sources (Natural Gas, Coal, Fossil-based and Bio-based), Applications (Transportation Fuel, Aerosol Propellant, LPG Blending, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecasts, 2021-2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4031 | 4.3 Rating | 74 Reviews | 176 Pages | Format : PDF Excel PPT

Report Description


The global dimethyl ether market size is expected to grow at a significant CAGR during the forecast period from 2021 to 2028. Increasing demand for dimethyl ether for LPG blends, ample availability of raw materials, and widespread use of dimethyl ether are key factors that help the market growth. Dimethyl ether (DME) is a low boiling non-sulfur chemical that can be used as an alternative source to fossil fuels. As a result, this is widely used in various applications including aerosols, propellants, chemical raw materials, transportation gasoline, and refrigerants. Mixing liquefied petroleum gas (LPG) has become an important application in home cooking activities as it promotes a cleaner source of energy. Furthermore, due of its good ignition in compression engines, DME is gaining traction as a diesel alternative transportation fuel. It is less polluting, has propane-like qualities and could eventually replace diesel in heavy-duty applications.

Dimethyl Ether Market key takeaways

  • Global demand for mixed DME and LPG alternatives for various applications is a key factor boosting the market.
  • Rapid expansion of the automotive industry and strong demand for heavy-duty truck and vehicle sales are likely to boost the demand for dimethyl ether.
  • Rising demand for green energy and alternative sources of energy to fossil fuel is another key driver of the market.
  • High price fluctuation of the raw materials and lack of international standardization for sustainable environment policies are expected to hamper the market expansion in the coming years.
  • The transportation and electricity sector presents a variety of chances for reducing environmental pollution along with inadequate DME production capacity in several nations are offering major market development opportunity.

Scope of the report:

The report on the global dimethyl ether market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Dimethyl Ether Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Sources (Natural Gas, Coal, Fossil-based, and Bio-based) and Applications (Transportation Fuel, Aerosol Propellant, LPG Blending, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Gas Technologies LLC; Korea Gas Corporation; Zagros Petrochemical Company; Grillo-Werke AG; China Energy Limited; Akzo Nobel N.V.; Royal Dutch Shell PLC; Jiutai Energy Group; Aestar Co. Ltd.; and Ferrostaal GmbH.

 

Dimethyl Ether Market Segment Insights:

Fossil-based segment is projected to hold significant market share

In the terms of sources, the market is categorized as natural gas, coal, fossil-based, and bio-based. The fossil-based segment is projected to hold a consideration revenue share of the market in the coming years due to its existing reserves of recoverable coal and natural gas that can be used to produce DME. The easy availability of natural gas as a consequence of technical advancements attributed to large R&D spending in the oil & gas industry further aids in the expansion of the fossil fuel-based dimethyl ether market.

Dimethyl Ether Market by taxonomy

LPG blending segment held substantial market share in 2020

Based on applications, the dimethyl ether market is fragmented into transportation fuel, aerosol propellant, LPG blending, and others. The LPG blending segment held substantial market share in 2020 and is expected to generate high revenue during forecast period. The growing need to reduce harmful emissions is one of the key drivers of profitability in the dimethyl ether LPG blend market globally. The use of LPG for heating and cooking homes is a major source of harmful pollutants in the environment. This can be reduced by mixing LPG and DME at a volume concentration of 15-20%, which is a viable way to upgrade LPG used for home use.

Europe to dominate the global market

In terms of regions, the market is classified as Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to dominate the dimethyl ether market during the targeted period. The regional market growth is attributed to rising need to replace traditional fuels such as diesel primarily due to strict regulations on high emission fuels in the region. For example, the European Commission had issued emission regulations towards the use of cleaner fuels to achieve sustainable mobility as part of the EU framework for approval of lightweight and heavy vehicles.

Dimethyl Ether Market by regions

Segments

Segments Covered in the Report
The global dimethyl ether market has been segmented on the basis of

Sources

  • Natural Gas
  • Coal
  • Fossil-based
  • Bio-based
Applications
  • Transportation fuel
  • Aerosol propellant
  • LPG blending
  • Others
Regions
  • Europe
  • North America
  • Latin America
  • Asia Pacific
  • Middle East & Africa
Key players
  • Gas Technologies LLC
  • Korea Gas Corporation
  • Zagros Petrochemical Company
  • Grillo-Werke AG
  • China Energy Limited
  • Akzo Nobel N.V
  • Royal Dutch Shell PLC
  • Jiutai Energy Group.
  • Aestar Co. Ltd.
  • Ferrostaal GmbH

Competitive Landscape

Some of the major players in the global dimethyl ether market are Gas Technologies LLC; Korea Gas Corporation; Zagros Petrochemical Company; Grillo-Werke AG; China Energy Limited; Akzo Nobel N.V.; Royal Dutch Shell PLC; Jiutai Energy Group; Aestar Co. Ltd.; and Ferrostaal GmbH. Key market competitors are concentrating their efforts on developing their new product lines and capacities.

Dimethyl Ether Market by key players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dimethyl Ether Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Dimethyl Ether Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Dimethyl Ether Market - Supply Chain
  4.5. Global Dimethyl Ether Market Forecast
     4.5.1. Dimethyl Ether Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Dimethyl Ether Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Dimethyl Ether Market Absolute $ Opportunity
5. Global Dimethyl Ether Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Dimethyl Ether Market Size and Volume Forecast by Applications
     5.3.1. Transportation fuel
     5.3.2. Aerosol propellant
     5.3.3. LPG blending
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Dimethyl Ether Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Dimethyl Ether Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Dimethyl Ether Demand Share Forecast, 2019-2026
7. North America Dimethyl Ether Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Dimethyl Ether Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Dimethyl Ether Market Size and Volume Forecast by Applications
     7.4.1. Transportation fuel
     7.4.2. Aerosol propellant
     7.4.3. LPG blending
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Dimethyl Ether Demand Share Forecast, 2019-2026
8. Latin America Dimethyl Ether Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Dimethyl Ether Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Dimethyl Ether Market Size and Volume Forecast by Applications
     8.4.1. Transportation fuel
     8.4.2. Aerosol propellant
     8.4.3. LPG blending
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Dimethyl Ether Demand Share Forecast, 2019-2026
9. Europe Dimethyl Ether Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Dimethyl Ether Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Dimethyl Ether Market Size and Volume Forecast by Applications
     9.4.1. Transportation fuel
     9.4.2. Aerosol propellant
     9.4.3. LPG blending
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Dimethyl Ether Demand Share Forecast, 2019-2026
10. Asia Pacific Dimethyl Ether Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Dimethyl Ether Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Dimethyl Ether Market Size and Volume Forecast by Applications
     10.4.1. Transportation fuel
     10.4.2. Aerosol propellant
     10.4.3. LPG blending
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Dimethyl Ether Demand Share Forecast, 2019-2026
11. Middle East & Africa Dimethyl Ether Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Dimethyl Ether Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Dimethyl Ether Market Size and Volume Forecast by Applications
     11.4.1. Transportation fuel
     11.4.2. Aerosol propellant
     11.4.3. LPG blending
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Dimethyl Ether Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Dimethyl Ether Market: Market Share Analysis
  12.2. Dimethyl Ether Distributors and Customers
  12.3. Dimethyl Ether Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Gas Technologies LLC
     12.4.2. Korea Gas Corporation
     12.4.3. Zagros Petrochemical Company
     12.4.4. Grillo-Werke AG
     12.4.5. China Energy Limited
     12.4.6. Akzo Nobel N.V
     12.4.7. Royal Dutch Shell PLC

Methodology

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