Worldwide Dimethyl Ether Industry to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com
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The "Global Dimethyl Ether (DME) Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
The "Global Dimethyl Ether (DME) Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
This report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Dimethyl Ether (DME) market by segmenting based on the raw material (Coal, Methanol, Natural gas, Bio-based feedstock), Application (LPG Blending, Fuel, Aerosol Propellant, Others), End-User (Oil & Gas, Petrochemical, Spray Industry, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).
The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. The report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Dimethyl Ether manufactures alkylating agents, dimethyl sulfate, freeze sprays, as a bio-fuel, blowtorch gas blends, propellant in aerosol products, substitute for propane in Liquid Petroleum Gas (LPG), fuel for industrial and household purposes, diesel engines, gas turbines, and refrigerant.
Liquified Petroleum Gas (LPG) is the most dominant application in the consumption of Dimethyl Ether (DME) as it can be blended with LPG at different ratios depending upon the purpose. It can potentially be used as a substitute for propane in LPG for enhancing combustion and decreasing harmful emissions. It is also an excellent fuel in diesel engines and gas turbines as it has a high Cetane number of 55 compared to petroleum product (diesel) which has a cetane number of 40-53. Tiny modifications are required in diesel engines such that Dimethyl Ether can be used as a fuel. Due to the simple and short carbon chains of the compound, the hazardous emissions after combustion are minimum, and the compound is also sulfur-free. Therefore, dimethyl ether has met even the most strict emission regulations in U.S.A, Europe, and Japan, making it widely popular as fuel and substitute, thus driving the Global Dimethyl Ether Market.
At an unofficial World Championship for mileage sponsored by the Oil giant Shell, a vehicle was running entirely on dimethyl ether as a fuel gave an outstanding mileage of 589 km/liter with a 2-stroke engine. Around one-fifth of the total dimethyl ether produced across the world is used for LPG-DME blends. Dimethyl Ether is a portable compound as it can be stored, transported, and used anywhere, it does not require any fixed network, and it doesn't deteriorate over time. It is a multipurpose fuel and chemical feedstock that can be used for many applications, from automotive to electric power generations and the production of olefins, synthesis gas, and hydrogen.
The global Dimethyl Ether (DME) market was found to be fragmented. Major global players in the industry are Royal Dutch Shell Plc., Akzo Nobel N.V, The Chemours Company, Jiutai Energy Limited, Ferrostal Gmbh, Zagros Petrochemical, Mitsubishi Corporation, Grillo Werke AG, Oberon Fuels.
In January 2021, the Department of Science & Technology, India announced that India would play an important role in the global energy space, as it is likely to account for 25% of the growth in global energy demand by 2040. Dimethyl Ether (DME) and Methanol will play an essential role in order to improve the energy security of India.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/bw145c
View source version on businesswire.com: https://www.businesswire.com/news/home/20211001005398/en/