Dimethyl Ether (DME) Market Overview:
The clean, colourless characteristics of dimethyl ether have rendered it capable of application in range of sector. Market intensive reports associated with the chemicals and materials industry among others recently have been made accessible by Market Research Future which issues reports on this industry. The market is projected to develop at a progressive CAGR per cent during the forecast period.
The usage of dimethyl ether as a replacement for propane in liquid petroleum gas is one of the most commonly observed use which is responsible for a major chunk of demand that the market experiences. As the gas can be easily liquefied and transported, the demands of the consumers easily can be met easily by the manufacturers. As DME can be produced from an assortment of sources that are available abundantly such as coal, natural gas, forest products, etc.
Dimethyl Ether (DME) Market Key Players:
• Akzo Nobel N.V. (the Netherlands)
• China Energy Limited (China)
• The Chemours Company (U.S.)
• Mitsubishi Corporation (Japan)
• Royal Dutch Shell plc (the Netherlands)
• Ferrostaal GmbH (Germany)
• Grillo Werke AG (Germany)
• Jiutai Energy Group (China)
• Oberon Fuels (U.S.)
• Zagros Petrochemical Company (Iran)
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Dimethyl Ether (DME) Market Segmentation:
Dimethyl Ether (DME) Market is segmented on the basis of raw materials, application and region. On the basis of raw materials, the market is divided into natural gas, coal, biomass, and others. Based on application, global dimethyl ether market is segmented into transportation fuel, aerosol propellant, liquefied natural gas (LPG) blending, and others. Geographically, the market is divided into five key regions including Asia Pacific, Europe, North America, Middle East & Africa, and Latin America.
Dimethyl Ether (DME) Market Regional Analysis:
Dimethyl Ether (DME) Market is divided into five key regions including, Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Asia Pacific is the fastest growing market among them due to growing paints & coatings and household fuel in the region. India and China are the major markets in this region on account of the presence of major end use industries. Europe is holding a comparatively smaller share in the Global Dimethyl Ether Market.
Countries namely, Germany, U.K, and Italy are the key contributors to the regional market in this region owing to the growing demand of Dimethyl Ether by end use industries such as automotive, wherein the product is majorly used in the form of paints and lacquer. Apart from this, there is a significant presence of key players which may help push growth of the regional market forward. North America is closely following Europe, in terms of market size, in the Global Dimethyl Ether Market. U.S. is the largest market in this region, which is attributed to the growing reconstruction activities along with the chemicals industry.
Dimethyl Ether (DME) Market List of Table to be Continue…...,
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