The Dimethyl Ether Market is projected to grow at a 7% CAGR from 2021 to 2026, driven by its use as a clean fuel alternative and in various industries.
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.
Request Free Sample Report: https://www.imarcgroup.com/dimethyl-ether-market/requestsample
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.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/dimethyl-ether-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Raw Material:
Breakup by Application:
Breakup by End-Use Industry:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Latest Market Research Reports by IMARC Group (2021-2026):
About Us
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
The article discusses the global trends, growth, and forecast of the Dimethyl Ether Market from 2021 to 2026.
Rapid industrialization, growth in the automotive industry, and rising environmental concerns drive the market.
DME is used as a substitute for propane in LPG, transportation fuel, and as an aerosol propellant.
Explore more articles in the Research Reports category
