Dimethyl ether (DME), also known as methoxymethane, is the organic compound with the formula CH3OCH3. It is a colorless gas that serves as a useful precursor to other organic compounds and an aerosol propellant. It is also used in refrigerant blends with other gases like ammonia, carbon dioxide, butane, and propene. Sizing and Forecast The dimethyl ether market size has grown rapidly in recent years. It will grow from $5.83 billion in 2023 to $5.8 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to rising demand in aerosol propellants, demand for fuel alternatives in transportation, chemical feedstock demand, growing use In LPG blending, government initiatives and regulations. The dimethyl ether market size is expected to see rapid growth in the next few years. It will grow to $8.64 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to green energy initiatives, growing demand for electric and non-electric vehicles, expanding industrial applications, rising exports of aromatic ethers. Major trends in the forecast period includes bio-based DME production, technological advancements, innovative advancements, increasing adoption in propellant applications, advanced catalytic technologies. Order your report now for swift delivery, visit the link: https://www.thebusinessresearchcompany.com/report/dimethyl-ether-global-market-report Segmentation & Regional Insights The dimethyl ether market covered in this report is segmented – 1) By Product And Service: Reagents And Kits, Genotyping Services, Instruments, Bioinformatics 2) By Technology: Microarrays, Polymerase Chain Reaction, Sequencing, Capillary Electrophoresis, Matrix-assisted Laser Desorption Or Ionization-Time Of Flight Mass Spectrometry, Other Technologies 3) By End-User: Pharmacogenomics, Personalized Medicine And Diagnostics, Animal Genetics, Agricultural Biotechnology, Research And Diagnostic Laboratories, Academic Institutes Asia-Pacific was the largest region in the dimethyl ether market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in dimethyl ether (DME) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Intrigued to explore the contents? Secure your hands-on a free sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=13443&type=smp Major Driver Impacting Market Growth The increasing use of LPG blends is expected to propel the growth of the dimethyl ether market going forward. LPG blending refers to the process of combining liquefied petroleum gas (LPG), a mixture of propane and butane, with other substances or additives to achieve desired fuel characteristics, enhance performance, or meet specific regulatory requirements. Dimethyl ether (DME) is often blended with liquefied petroleum gas (LPG) to improve combustion characteristics and reduce emissions in specific applications. For instance, in December 2023, according to the Energy Market Authority (EMA), a Singapore-based regulator of the electricity and natural gas industries, natural gas accounted for 92.0% of Singapore’s fuel mix in 2022, and it is expected to reach 94.3% of the fuel mix in the first half of 2023. Therefore, increasing use of LPG blends will drive the growth of the dimethyl ether market. Key Industry Players Major players in the dimethyl ether market are Royal Dutch Shell Plc, Mitsubishi Corporation, Korea Gas Corporation, Air Liquide SA, Merck KGaA, E. I. du Pont de Nemours & Co (DuPont), Akzo Nobel N.V., The Chemours Company, Nouryon Chemicals Holding BV, Methanex Corporation, Sigma-Aldrich, Toyo Engineering Corporation, Haldor Topsoe, Sichuan Lutianhua Co Ltd, Oxea GmbH, Grillo-Werke AG, Zagros Petrochemical Company, Koch Methanol, LLC, Ferrostal GmbH, Jiutai Energy Group, Oberon Fuels, Aerosolex, Vizag chemical , Guangdong JOVO Group Co., Jiangsu July Chemical Co Ltd, Fujian Lyondissolve Chemical Co., Ltd., and Shenhua Ningxia Coal Industry Group Co. The dimethyl ether market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Explore the trending research reports from TBRC: Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The Global Dimethyl Ether Market research report offers accurate insights for the growth prospects of the Dimethyl Ether market in the forecast years 2020-2027.
The report is an all-inclusive study of the Dimethyl Ether market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
It has also had a substantial impact on the Dimethyl Ether industry as global supply chains have been disrupted, and the financial scenario is tight.
The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2825Scope of the Market Report:The report offers a holistic overview of the Dimethyl Ether industry that offers all the essential information.
The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals.
