According to a market report by Lucintel, the future of the dimethyl ether market looks promising with opportunities in the aerosol propellant, LPG blending, and transportation fuel applications. The dimethyl ether market is expected to grow with a CAGR of 16% from 2019 to 2024. The major growth drivers for this market are increasing use of dimethyl ether in LPG blending, multiple raw material alternatives in a wide range of applications, and growing environmental concern.
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Within the dimethyl ether market, aerosol propellant, LPG blending, and transportation fuel are the major applications. LPG blending is the largest application segment of the dimethyl ether market.
Coal, methanol, natural gas, and bio-based feedstock are the major raw material type segments of the dimethyl ether market.
The Asia Pacific region will remain the largest market over the forecast period due to rising trends for LPG blending for domestic cooking application.
Akzo Nobel N.V., China Energy Limited, The Chemours Company, Mitsubishi Corporation, Royal Dutch Shell PLC, Ferrostaal GmbH, Grillo Werke AG, Jiutai Energy Group, Oberon Fuels, and Zagros Petrochemical Company are among the major manufacturers of dimethyl ether.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the dimethyl ether market by application, raw material, and region. Lucintel has prepared a comprehensive research report entitled "Dimethyl Ether Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the dimethyl ether market by application, raw material, and region as follows:
By Raw Material [$M shipment analysis for 2013 – 2024]:
Coal
Methanol
Natural Gas
Bio-Based Feedstock
By Application [$M shipment analysis for 2013 – 2024]:
Aerosol Propellant
LPG Blending
Transportation Fuel
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/dimethyl-ether-market.aspx or helpdesk@lucintel.com.
About Lucintel
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