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  • Published On : Oct 2022
  • Code : CMI4118
  • Industry : Bulk Chemicals
  • Pages : 120
  • Formats :

Dimethyl ether is a colorless and odorless gas with a low boiling point. It is produced from various raw materials such as methanol, coal, biomass, and natural gas. It has no sulfur content which makes it ideal energy fuel and is widely used across the various industry such as petrochemical and chemical as a solvent.

Global di methyl ether market was valued at US$ 8190.50 Million in 2021 in terms of revenue, exhibiting a CAGR of 8.8 % during the forecast period (2022 to 2030).

Drivers

High demand for di-methyl ether-blended LPG from the Asia Pacific region is primarily fueling the market growth of the dimethyl ether. According to the Coherent Market Insights analysis among the Asia Pacific countries, China alone accounts for over 80% of the demand for DME for LPG blending purposes. Moreover,  China imports LPG in large volumes to meet the unmet demand from the domestic as well as industrial sectors.

Various manufacturers are investing in the R&D to utilize the DME as an alternative fuel to LPG as LPG is highly expensive. So to save the cost and make proper utilization of the DME various manufacturer are investing in R&D. This is expected to fuel the market growth of the dimethyl ether.

Regionally, Asia-pacific dominated the global dimethyl ether market in 2021, reporting 84% market share in terms of revenue, followed by Europe and North America, respectively.

Figure 1. Global Di Methyl Ether Market Value Share (%), By Region, 2021

Di Methyl Ether  | Coherent Market Insights

Market Restraints

Less viscosity and lubricity of dimethyl ether is restricting its use across diesel in automobiles. Poor lubricating property and low viscosity lead to wear and tear in the automotive system. Hence, dimethyl ether as diesel is not compatible with the automotive system. This is expected to hamper the market growth of dimethyl ether.

Lack of distribution networks is hampering the supply chain to meet the rising demand for the product. Thus, due to the lack of proper distribution networks, the product remains unavailable for a large number of users. This is projected to hinder the market growth of the dimethyl ether.

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Di Methyl Ether Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 8190.50 Mn
Historical Data for: 2017-2020 Estimated Year: 2022
Forecast Period 2022 to 2030 CAGR: 8.8 % Forecast Period: 2022-2030
Geographies covered:
  • North America: U.S., Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
  • Rest of the World
Segments covered:
  • By Product Type: Fossil Fuel Based, Bio Based
  • By Application: LPG Blending, Aerosol Propellants, Transportation Fuel, Industrial, Others
Companies covered:

China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation 

Growth Drivers:
  • High demand for di-methyl ether-blended LPG from the Asia Pacific region
  • Various manufacturers are adopting dimethyl ether as an alternative fuel to LPG
  • Rising demand for clean fuel due to rising environmental pollution
Restraints & Challenges:
  • Lack of distribution networks is hampering the supply chain

Market Trends

An increasing number of players in the DME market to expand business presence is a major trend in the market. For instance, in December 2018, PCC SE has built a production plant for ultra-pure, aerosol grade dimethyl ether (DME) through OOO DME Aerosol, Pervomaysky (Russia), a joint venture with JSC Shchekinoazot. The aim of PCC SE is to enter the market for DME which is used in the cosmetics industry as a propellant for hair styling products.

Go green is a growing trend in the market. Rising demand for clean fuel due to rising environmental pollution is expected to create enormous demand for dimethyl ether. Increasing oil depletion and growing greenhouse gases emission are other major factors projected to augment the market growth. Moreover, rapid growth in the urban population along with the rapid consumption of ether around the globe is further projected to boost the market growth of the dimethyl ether over the forecast period.

Figure 2. Global Di Methyl Ether Market Value Share (%), By Application, 2021

Di Methyl Ether  | Coherent Market Insights

On the basis of application, LPG blending dominated the global dimethyl ether market in 2021 with around 62% of market share in terms of revenue, followed by aerosol propellants and transportation fuel, respectively.

Recent Developments

  • In July 2019 Oberon Fuels has received a grant for almost US$ 2.9 million from the California Energy Commission (CEC) for a project to produce the first renewable dimethyl ether (rDME) fuel in the US.
  • In February 2020, Oberon Fuels, a producer of ultra-low-carbon, renewable dimethyl ether (rDME) transportation fuel, and SHV Energy, the distributor of propane fuel, partnered to increase the use of renewable DME to reduce the carbon footprint of transportation fuel.
  • On Sep 19, 2022 (The Expresswire) - "Final Report will add the analysis of the impact of COVID-19 on this industry." The global Dimethyl Ether market size was valued at USD 3615.4 million in 2021 and is expected to expand at a CAGR of 8.73% during the forecast period, reaching USD 5973.93 million by 2027.

Competitive Section

Major players operating in the global di methyl ether  market include China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation

Dimethyl ether is a type of gas which is colorless and odorless in nature. This gas is produced from raw materials such as coal, methanol, natural gas, and biomass. Various factors like lower boiling point and zero sulfur content have led to the rise in surge of dimethyl ether as solvent in chemical and petrochemical industries globally.

Market Dynamics

The global dimethyl ether market has witnessed significant growth in recent past years, owing to the rise in usage of clean, non-petroleum based, and high-performance ignition fuels as an alternative to LPG across the globe. Asia Pacific is expected to be the fastest-growing region in the dimethyl ether market, owing to increasing growth of transportation industry in the region. This is expected to propel the growth of the dimethyl ether market in this region.

Major players in the global dimethyl ether market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as transportation, industries, oil & gas, automobile and others. This scenario is expected to fuel the market during the forecast period.

Key features of the study:

  • This report provides an in-depth analysis of global dimethyl ether market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 – 2030), considering 2021 the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global dimethyl ether market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
  • The global dimethyl ether market report caters to various stakeholders in this industry including investors, suppliers, global dimethyl ether manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global dimethyl ether market

Detailed Segmentation:

  • Global Dimethyl Ether Market, By Product Type:
    • Fossil Fuel Based
    • Bio Based
  • Global Dimethyl ether Market, By Application:
    • LPG blending
    • Aerosol propellants
    • Transportation fuel
    • Industrial
    • Others
  • Global Dimethyl ether Market, By Region:
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Europe
      • EU 5
      • Benelux
      • Nordic
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC
      • South Africa
      • Rest of Middle East & Africa
  • Company Profiles
    • China Energy Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Fuel DME Production Co., Ltd.
    • Korea Gas Corporation
    • Royal Dutch Shell PLC
    • Akzo Nobel NV
    • Oberon Fuels, Inc.
    • Grillo-Werke AG
    • Shenhua Ningxia Coal Industry Group Co., Ltd.
    • E.I. du Pont de Nemours & Co
    • Mitsubishi Corporation

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

Frequently Asked Questions

Global di methyl ether market was valued at around US$ 8190.50 Million in 2021.
Manufacturers are adopting dimethyl ether as an alternative fuel to LPG and rising demand for clean fuel due to rising environmental pollution are expected to fuelling the growth of the market in the region.
Increasing number of players in the  market which is expected to favor market growth over the forecast period.
Lack of distribution networks is hampering the supply chain is expected to hamper the market during the forecast period.
Major players operating in the market include China Energy Ltd., Fuel DME Production Co., Ltd., Korea Gas Corporation, Royal Dutch Shell PLC, Akzo Nobel NV, Oberon Fuels, Inc., Grillo-Werke AG, Shenhua Ningxia Coal Industry Group Co., Ltd., E. I. du Pont de Nemours & Co, and Mitsubishi Corporation
The market is estimated to grow at around 8.8 % CAGR in the forecast period (2022-2030).

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