Dimethyl Ether (DME) Market Overview:
Dimethyl Ether (DME) Market is precipitating with the rapid speed; mainly due to the proliferation of its application in manufacturing liquefied petroleum gas (LPG). According to a recent study report published by the Market Research Future, the global market of Dimethyl Ether is predicted to witness significant growth over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2018 – 2023).
Dimethyl Ether (DME) Market Key Players:
- Akzo Nobel N.V. (the Netherlands)
- China Energy Limited (China)
- The Chemours Company (U.S.)
- Mitsubishi Corporation (Japan)
- Royal Dutch Shell plc (the Netherlands)
- Ferrostaal GmbH (Germany)
- Grillo Werke AG (Germany)
- Jiutai Energy Group (China)
- Oberon Fuels (U.S.)
- Zagros Petrochemical Company (Iran)
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Dimethyl Ether (DME) Market Segmentation:
Dimethyl Ether (DME) Market is segmented on the basis of raw materials, application and region. On the basis of raw materials, the market is divided into natural gas, coal, biomass, and others. Based on application, global dimethyl ether market is segmented into transportation fuel, aerosol propellant, liquefied natural gas (LPG) blending, and others. Geographically, the market is divided into five key regions including Asia Pacific, Europe, North America, Middle East & Africa, and Latin America.
Dimethyl Ether (DME) Market Regional Analysis:
Dimethyl Ether (DME) Market is divided into five key regions including, Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Asia Pacific is the fastest growing market among them due to growing paints & coatings and household fuel in the region. India and China are the major markets in this region on account of the presence of major end use industries. Europe is holding a comparatively smaller share in the Global Dimethyl Ether Market.
Countries namely, Germany, U.K, and Italy are the key contributors to the regional market in this region owing to the growing demand of Dimethyl Ether by end use industries such as automotive, wherein the product is majorly used in the form of paints and lacquer. Apart from this, there is a significant presence of key players which may help push growth of the regional market forward. North America is closely following Europe, in terms of market size, in the Global Dimethyl Ether Market. U.S. is the largest market in this region, which is attributed to the growing reconstruction activities along with the chemicals industry.
Dimethyl Ether (DME) Market Table of Content:
1 Report prologue
2 Global Dimethyl Ether Market: Introduction
3 Global Dimethyl Ether Market: Research Methodology
4 Global Dimethyl Ether Market: Market Dynamics
5 Global Dimethyl Ether Market: Market factor analysis
Dimethyl Ether (DME) Market Table of Content to be Continue……,
Dimethyl Ether (DME) Market List of Table to be Continue……,
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