Dimethyl Ether (DME) Market 2017: Analysis, Growth, Key Players and Trends by Forecast to 2027


Posted October 31, 2017 by Avinash1234

Global Dimethyl Ether Market Information, by Type (Coal, Methanol, Natural Gas, Bio base), by Application (Aerosol Propellant, Transportation fuel, LPG blending) - Global Forecast 2027

 
(DME) Dimethyl Ether Global Market   - Overview

The Global Dimethyl Ether Market is growing rapidly due to the growing LPG imports. According to a recent study report published by the Market Research Future, The global Dimethyl Ether Market has been increasing. The market is expected to grow at a rapid pace during the forecast period (2017 – 2027).  The Dimethyl Ether Market is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2027).

The Global Dimethyl Ether Market is majorly driven by growing reliance of countries on LPG imports. Other market growth drivers include; rising environmental concerns, and growing need for improvement in existing infrastructure among others. However, lack of skilled professionals and strict government norms are the factors which are hindering the growth of Dimethyl Ether Market.

The DME Market is driven based on two fundamental properties. First and foremost in terms of diesel engine operation the appeal is that DME has excellent combustion behaviour. DME has a high cetane number (i.e. excellent ignition quality relative to conventional diesel fuels) and DME burns without forming soot because it contains no carbon-carbon (C-C) bonds. Because DME has a high cetane number, it can be an effective diesel fuel replacement in conventional and many advanced combustion processes.

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The second fundamental property for DME’s market growth is that because DME burns without forming soot, one can aggressively try to reduce other pollutants through measures within the engine combustion chamber (e.g., use large amounts of exhaust gas recirculation to reduce nitrogen oxides emissions) without paying a penalty on soot emissions. Thus DME provides flexibility in engine pollutant control within the engine. Furthermore, because DME does not form soot, there is the potential of meeting strict tailpipe emissions regulations without requiring a diesel particulate filter in the exhaust system. This aspect of DME can lead to simplified vehicle powertrain systems and the reduction of engine and emissions systems control challenges that strict emissions regulations create.

(DME) Dimethyl Ether Global Market   - Competitive Analysis 

Characterized by the presence of several well-established and small players, the Global Market of Dimethyl Ether appears to be highly fragmented and competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. The Key players operating in the market compete based on pricing, product launch, technology launch, and reputation.

The main drivers behind interest from these industries are 1) the opportunity to create a higher value product from waste streams, 2) emissions regulations, and 3) landfill diversion regulations banning food and green waste from landfill disposal. Manufacturers focus on the monetization of wasted resources. The small-scale, modular process can convert various methane-containing feedstock to a higher value commodity.  The ability to monetize waste streams, whether stranded gas or food waste, to produce a clean burning fuel such as DME is an exciting proposition.

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(DME) Dimethyl Ether Global Market   - Segments

The DME Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type: Comprises Natural Gas, Coal, Methanol, and bio bases among others.

Segmentation by Applications: Comprises LPG blending, Aerosol Propellant, and transportation fuel among others.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Bio-based feedstock consumption for Dimethyl Ether Market production is expected to grow at highest CAGR during the forecasted period of 2017-2027.

Transportation fuel is the fastest growing market for Dimethyl Ether Market.

(DME) Dimethyl Ether Market   - Regional Analysis

The Dimethyl Ether Industry has witnessed high growth on an account of technological advancements, increasing applications and growing demand in the countries known for insufficient energy sources. Asia-pacific dominated the Global Dimethyl Ether Market with the largest market share, accounting for astronomical amounts and is expected to grow over its previous growth records by 2027. The European market for Dimethyl Ether is expected to grow at a substantial CAGR during 2017-2027. Asia-Pacific region has the largest market share owing to rich coal deposits, and growing environmental concerns in the region.

In North America commercial developments are primarily being driven by the ample supplies of low-cost natural gas due to the shale gas revolution creating a revival of the methanol industry in the United States. This revival is supporting developments to make gasoline from natural gas-derived methanol.

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Issued By Avinash
Website Dimethyl Ether (DME) Market Research Report - Forecast to 2027
Phone +1 646 845 9312
Business Address Market Research Future Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune - 411028
Country India
Categories Business , Industry , Manufacturing
Tags dimethyl ether dme industry , dimethyl ether dme market , dimethyl ether dme market analysis , dimethyl ether dme market forecast , dimethyl ether dme market growth , dimethyl ether dme market size , dimethyl ether dme market trends
Last Updated October 31, 2017