According to the latest report by IMARC Group, titled “Dimethyl Ether Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global dimethyl ether (DME) market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global dimethyl ether (DME) market to grow at a CAGR of 7% during 2021-2026. Dimethyl Ether (DME) refers to a colorless and odorless organic compound that acts as an alternative for energy fuels in compression ignition diesel engines. Also known as methoxy methane, it is a renewable, non-toxic, and clean-burning fuel with a high cetane value. Dimethyl ether can be artificially produced from various materials, such as biomass, coal, gas, heavy oil, etc. It is primarily used as a substitute for propane in liquified petroleum gas (LPG), transportation fuel, and power plant fuel. Dimethyl ether is also extensively used in the chemical industry as an aerosol propellant.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rapid industrialization and substantial growth in the automotive industry primarily drive the global market for dimethyl ether. Moreover, rising consumer environmental concerns are also providing a boost to the market growth. Furthermore, several automobile manufacturers are substituting conventional transportation fuels, such as diesel, petrol, and LPG, with cleaner fuels with a higher ignition value and lower carbon emissions levels. Additionally, the extensive utilization of DME as an aerosol propellant in the manufacturing of paints, pharmaceuticals, coatings, and personal care products, such as hair sprays, and perfumes also augments the market growth.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Dimethyl Ether Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global dimethyl ether (DME) market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global dimethyl ether (DME) market to grow at a CAGR of 7% during 2021-2026. Dimethyl Ether (DME) refers to a colorless and odorless organic compound that acts as an alternative for energy fuels in compression ignition diesel engines. Also known as methoxy methane, it is a renewable, non-toxic, and clean-burning fuel with a high cetane value. Dimethyl ether can be artificially produced from various materials, such as biomass, coal, gas, heavy oil, etc. It is primarily used as a substitute for propane in liquified petroleum gas (LPG), transportation fuel, and power plant fuel. Dimethyl ether is also extensively used in the chemical industry as an aerosol propellant.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rapid industrialization and substantial growth in the automotive industry primarily drive the global market for dimethyl ether. Moreover, rising consumer environmental concerns are also providing a boost to the market growth. Furthermore, several automobile manufacturers are substituting conventional transportation fuels, such as diesel, petrol, and LPG, with cleaner fuels with a higher ignition value and lower carbon emissions levels. Additionally, the extensive utilization of DME as an aerosol propellant in the manufacturing of paints, pharmaceuticals, coatings, and personal care products, such as hair sprays, and perfumes also augments the market growth.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800