Home > Chemicals and Materials > Specialty Chemicals > Custom Synthesis > dimethyl ether dme market
Get a free sample of Dimethyl Ether Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Dimethyl Ether Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Some of the major players operating in the dimethyl ether industry include
among others. Key players operating in the market are focusing on expanding their offerings and production capacities. For instance, in June 2021, Oberon Fuels started the commercial production of renewable DME in the U.S. and it remains the world's only commercial production firm of this molecule.
Fossil fuel-based dimethyl ether contributed around 90% share towards the global market in 2020 and will expand at 9% CAGR up to 2027 owing to availability of natural gas and recoverable coal reserves.
Dimethyl ether market size was valued at over USD 5.20 million in 2020 and will observe a CAGR of around 9.7% between 2021 and 2027 with increasing applications in LPG blending across China and India.
LPG blending is likely to account for around USD 5 billion in dimethyl ether market by 2027, partly due to the demand for the reduction of harmful emissions.
China Energy Ltd., Fuel DME Production Co., Ltd., Shenhua Ningxia Coal Industry Group Co., Grillo-Werke AG, Royal Dutch Shell PLC, Mitsubishi Corporation and Akzo Nobel NV are some of the leading companies boosting dimethyl ether market.
Europe dimethyl ether market is expected to witness a CAGR of around 11.6% through 2027 due to the adoption of emission regulations for light- and heavy-duty vehicles.