Dimethyl Ether Market, By Raw Material (Coal, Natural Gas, Methanol and Others), By Application (Aerosol Propellants, Chemical Feedstock, Power Plant Fuel, Transportation Fuel, LPG Blending and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI90119 | Publish Date: May 2024 | No. of Pages: 180

Global Dimethyl Ether Market By Overview

Dimethyl Ether Market was valued at US$ 8.7 Billion in 2024 and is projected to grow at a CAGR of 8.2% to reach US$ 17.9 Billion by 2034.

Dimethyl Ether is a synthetically created diesel substitute that can be used in diesel engines with compression ignition that have been particularly developed. Dimethyl Ether (DME) is a colorless gas in a typical atmosphere. It is widely utilized as an aerosol propellant and in the chemical sector. About 75 pounds per square inch (psi) of pressure is needed for dimethyl ether to become liquid.

The demand for clean-burning fuels like Dimethyl Ether (DME) is anticipated to increase as there is a rising global emphasis on lowering emissions and switching to cleaner energy sources. Dimethyl Ether (DME) serves as a chemical feedstock in the production of various chemicals, such as methyl acetate, formaldehyde, and methyl methacrylate. Further, the increasing demand for these chemicals in sectors like automotive, construction, and electronics is likely to contribute to the growth of Dimethyl Ether Market.

Global Dimethyl Ether Market By Dynamics

Rapid Growth in Environmental Regulations

Environmental regulations play a significant role in shaping the dimethyl ether (DME) market. These regulations are implemented by governments and international bodies with the aim of reducing emissions, improving air quality, and addressing climate change concerns. Depending on the regulatory environment in each authority, environmental restrictions have different effects on the Dimethyl Ether (DME) market in different nations and regions. The size and adoption of the market can be greatly impacted by how much government encourages and supports the use of Dimethyl Ether (DME) through regulatory frameworks and incentives. As environmental concerns continue to drive policy decisions, the regulatory environment will play a crucial role in shaping the future of the Dimethyl Ether Market.

Restrains:

Dimethyl Ether (DME) Market requires adequate infrastructure for production, storage, transportation, and distribution. The establishment of a robust supply chain, including production plants, storage facilities, and distribution networks, can be challenging and requires substantial investment. Limited infrastructure can hinder the market's growth potential.

Global Dimethyl Ether Market By Segmentation

Dimethyl Ether Market Segmentation

Dimethyl Ether Market is segmented based on Raw Material, Application and Region.

Raw Material Insight

On the basis of Raw Material, Dimethyl Ether Market is segmented into Coal, Natural Gas, Methanol and Others. Methanol is expected to dominate the target market growth as Methanol can be dehydrated through catalytic processes to produce Dimethyl Ether (DME) and water and also Methanol is a key intermediate in Dimethyl Ether (DME) production.

Application Insights

On the basis of Application, Dimethyl Ether Market is segmented into Aerosol Propellants, Chemical Feedstock, Power Plant Fuel, Transportation Fuel, LPG Blending and Others.  Aerosol Propellants are expected to dominate the target market growth as Dimethyl Ether (DME) is used as an aerosol propellant in various consumer products including personal care items, cosmetics, household cleaners and automotive products.

Regional Insights:

On the basis of region the Dimethyl Ether Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific is estimated to witness a significantly high revenue share over the forecast period, as it is attributed to its widespread applications in LPG blending gradually gaining momentum to attain environmental sustainability.

Dimethyl Ether Market Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Raw Material - Coal, Natural Gas, Methanol and Others

By Application - Aerosol Propellants, Chemical Feedstock, Power Plant Fuel, Transportation Fuel, LPG Blending and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Dimethyl Ether Market report based on Raw Material, Application and Region:

Dimethyl Ether Market, By Raw Material:

  • Coal
  • Natural Gas
  • Methanol
  • Others

Dimethyl Ether Market, By Application:

  • Aerosol Propellants
  • Chemical Feedstock
  • Power Plant Fuel
  • Transportation Fuel
  • LPG Blending
  • Others

Dimethyl Ether Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
  • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Dimethyl Ether Market By Key Players

The key players operating the Dimethyl Ether Market includes, Oberon Fuels Inc., Zagros Petrochemical Company, China Energy Limited, Toyo Engineering Corporation, Fuel DME Production Company Limited, Praxair Inc., Guangdong JOVO Group Co.Ltd, Grillo-Werke AG, Korea Gas Corporation and Shenhua Ningxia Coal Industry Group Company.

Global Dimethyl Ether Market By Key Issues Addressed

  • In December 2021, Dimethyl Ether is considered as the next generation fuel to control nitrogen oxides and particulate matter emissions from internal combustion engines. Without making any significant adjustments, this fuel can be utilized directly in a traditional internal combustion (IC) engine. With minimal effort the use of Dimethyl Ether (DME) in IC engines has the potential to increase engine efficiency and lower emissions in the future.

Global Dimethyl Ether Market By Company Profile

  • Oberon Fuels Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zagros Petrochemical Company
  • China Energy Limited
  • Toyo Engineering Corporation
  • Fuel DME Production Company Limited
  • Praxair Inc.
  • Guangdong JOVO Group Co. Ltd
  • Grillo-Werke AG
  • Korea Gas Corporation
  • Shenhua Ningxia Coal Industry Group Company

“*” marked represents similar segmentation in other categories in the respective section

Global Dimethyl Ether Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Dimethyl Ether Strategies
      • Key Questions this Study will Answer
        • By Raw Material (Coal, Natural Gas, Methanol and Others)

        • By Application (Aerosol Propellants, Chemical Feedstock, Power Plant Fuel, Transportation Fuel, LPG Blending and others)

        • By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Dimethyl Ether Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Key players operating in the growth of global dimethyl ether market includes Oberon Fuels Inc., Zagros Petrochemical Company, China Energy Limited, Toyo Engineering Corporation, Fuel DME Production Company Limited, Praxair Inc., Guangdong JOVO Group Co.Ltd, Grillo-Werke AG, Korea Gas Corporation and Shenhua Ningxia Coal Industry Group Company

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Dimethyl Ether Market is segmented into Raw Materials, Application and Region.

Dimethyl Ether Market is driven by factors like rapid growth in environmental regulations.

By region, the Dimethyl Ether market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Dimethyl Ether Market includes, Oberon Fuels Inc., Zagros Petrochemical Company, China Energy Limited, Toyo Engineering Corporation, Fuel DME Production Company Limited, Praxair Inc., Guangdong JOVO Group Co.Ltd, Grillo-Werke AG, Korea Gas Corporation and Shenhua Ningxia Coal Industry Group Company.

Dimethyl Ether Market was valued at US$ 8.7 Billion in 2024 and is projected to grow at a CAGR of 8.2% to reach US$ 17.9 Billion by 2034.