Bio-based and Synthetic Dimethyl Ether (DME) Market Size Worth 10.8bn by 2025

Bio-based and synthetic Dimethyl Ether Market is expected to surpass USD 10.8 billion by 2025; according to a new research report by Global Market Insights, Inc.
 

Strong measures to replace conventional fuels, in Europe is likely to have a positive impact on bio-based and synthetic dimethyl ether market demand over the forecast period. Regulatory bodies are encouraging the use of cleaner transportation fuel to attain sustainable mobility in Europe. For instance, European Commission regulation 715/2007/EC sets emission limits for cars to regulate pollutants primarily NOx. Such regulatory measures will shift focus towards alternate fuels with comparable properties and environment friendly nature, thus likely to drive bio-based and synthetic dimethyl ether (DME) market size by 2025.

 

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Availability of the substitutes will similar properties

Availability of product substitutes such as diethyl ether (DEE), bio-ethers, methanol, etc. in the bio-based and synthetic dimethyl ether market may hamper the growth of overall business size by 2025. For example, bio-ethers are capable of cutting down greenhouse gases (GHG) substantially as it reduces smoke and particulate matter emissions to the environment. Also, methanol is considered as a feasible transportation fuel and does not produce smoke, soot, or particulate matter, making it a potential substitute to replace diesel.
 

Economic feasibility of bio-based DME

Bio-based DME market can be derived from sources such as biomass, agricultural products and waste. These sources play a vital role in reducing the greenhouse gas emissions and possess several other advantages including production flexibility, environmental friendliness, versatility and economic feasibility. Bio-based raw materials use has been encouraged as it will help in reducing particulate matter, soot, and other pollutants, thereby resulting in restoring and attaining environmental stability in the longer run.
 

Browse key industry insights spread across 202 pages with 225 market data tables & 18 figures & charts from the report, “Bio-based and Synthetic Dimethyl Ether (DME) Market Size By Raw Material (Fossil Fuel Based, Bio-based), By Application (LPG Blending, Aerosol Propellants, Transportation Fuel, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, Trinidad & Tobago, South Africa, Saudi Arabia, UAE, Iran, Qatar), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dimethyl-ether-dme-market
 

DME usage for LPG blending is on the rise owing to its environmental benefits

LPG blending was the major application for DME and accounted for over 65% share in 2018. It is mainly due to the environmental benefits such as releasing lesser pollutants in the environment while heating & cooking. Regulatory framework mainly in Asia Pacific has been supporting LPG blended with DME as it is a cleaner source of energy generation. Such trends are expected to boost product demand, thus resulting in achieving promising gains in the coming years.
 

Aerosol propellent industry in the Europe will register high product demand

Europe bio-based and synthetic dimethyl ether market is expected to grow with a high CAGR in coming years. This is due to strong product demand to produce aerosol propellants particularly in the UK, Germany and France, which represents promising growth aspects to the business by 2025. Additionally, the product has been gaining wide acceptance as an alternative fuel for compression ignition engines in Europe. Stringent government norms towards minimizing carbon emissions produced from automotive will complement industry growth over the forecast period.
 

Backward integration in the value chain to gain competitive advantage

Major companies operating in the industry are Shenhua Ningxia Coal Group, China Energy Ltd., Korea Gas Corp., Mitsubishi Gas Company, etc. Some of the companies are making heavy investment in expanding its product portfolio to attain competitive advantage in the industry. For instance, Shenhua Ningxia Coal Group is engaged in manufacturing various raw materials such as methanol, coal, etc. from which DME can be attained and thereby promoting backward integration in the industry.
 

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The bio-based and synthetic dimethyl ether (DME) market research report include in-depth coverage of the industry, with estimates & forecasts in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:
 

Raw Material by Application

  • Fossil-fuel based
    • LPG blending
    • Aerosol propellants
    • Transportation fuel
    • Industrial
    • Others
  • Bio-based
    • LPG blending
    • Aerosol propellants
    • Transportation fuel
    • Industrial
    • Others

By application

  • LPG blending
  • Aerosol propellants
  • Transportation fuel
  • Industrial
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
    • Trinidad and Tobago.
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Iran
    • Qatar

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