Dimethyl Ether Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC602

Introduction

Dimethyl ether is a colorless and odorless gas produced from raw materials namely, natural gas, methanol, biomass and coal. Low boiling point and zero sulfur content are the major factors that have led to the growth of dimethyl ether as solvent in chemical and petrochemical industries globally. The market for dimethyl ether has witnessed significant growth due to rising demand from various applications such as aerosol propellant and transportation fuel.

Market Dynamics

The increasing use of non-petroleum based, clean and high-performance compression ignition fuel as an alternative in diesel engines, along with expansion in emerging economies (such as, India, China, Japan, South Korea, and Brazil) and high growth in end use industries is driving the market for dimethyl ether, globally. The lack of LPG accessibility in regions, stringent government regulations as well as the ability to reduce carbon footprints have led to the growth of global dimethyl ether market. The major challenges attributed include performance evaluation plans in North America to assess the viability of dimethyl ether as alternate fuel in automotive industry and impact of production cost and flat demand on capacity utilization.

Market Classification and Overview

The dimethyl ethermarket is bifurcated on the basis of raw material, application, end-use industry, and geography. The different raw materials include methanol, coal, natural gas, bio-based and others. Coal is highly used type of raw material, whereas bio-based feedstock is the fastest growing raw material for dimethyl ether manufacturing. Based on application, the market is further segmented into aerosol propellant, LPG blending, transportation fuel, chemical feedstock, refrigerant, solvent, welding & brazing operations and others. LPG blending is the largest and fastest growing application segment followed by aerosol propellant and transportation fuel. The growth of dimethyl ether in LPG blending is driven by increasing demand from domestic cooking and heating applications in the consumer industry. Based on end-use industry, the market is further segmented into oil & gas, automotive, agriculture and consumer among others. Automotive is the largest end-use segment owing to the increase in demand for dimethyl ether based transportation fuel in regions such as Asia-Pacific and North America. Consumer industry is projected to grow at a fast rate due to increase in demand for bio-based dimethyl ether blended LPG in domestic applications, globally.

Regional Overview

The market for dimethyl ether is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA). Asia-Pacific was the major contributors to the growth of dimethyl ether market in 2016. North America was the second largest market followed by Europe. The market for dimethyl ether in Asia-Pacific is further projected to witness highest growth in coming years owing to the increase in demand from transportation industry and growing demand for fuel substitutes in the region. The North American market for dimethyl ether is likely to grow at a significant rate owing to the increase in adoption of bio-based fuel as an alternative to LPG in transportation industry such as urban fleets and commercial vehicles.

Report Coverage

Market

Dimethyl Ether Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Raw Material, Application, End-Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Akzo Nobel N.V., China Energy Limited, Mitsubishi Corporation, Ferrostaal GmbH, The Chemours Company, Royal Dutch Shell PLC, Grillo Werke AG, Oberon Fuels, Jiutai Energy Group, and Zagros Petrochemical Company are the key players in the dimethyl ether market. These players involved have adopted the strategies including mergers and acquisitions with local as well as established players.

Market Segmentation

Market By Raw Material

·         Methanol

·         Coal

·         Natural Gas

·         Bio-based

·         Others

Market By Application

·         Aerosol Propellant

·         LPG Blending

·         Transportation Fuel

·         Chemical Feedstock

·         Refrigerant

·         Solvent

·         Welding & Brazing Operations

·         Others

Market By End-Use Industry

·         Oil & Gas

·         Automotive

·         Agriculture

·         Consumer

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   South Korea

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA

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