According to a market report by Lucintel, the future of the dimethyl ether market looks promising with opportunities in the aerosol propellant, LPG blending, and transportation fuel applications. The dimethyl ether market is expected to grow with a CAGR of 16% from 2019 to 2024. The major growth drivers for this market are increasing use of dimethyl ether in LPG blending, multiple raw material alternatives in a wide range of applications, and growing environmental concern.
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Within the dimethyl ether market, aerosol propellant, LPG blending, and transportation fuel are the major applications. LPG blending is the largest application segment of the dimethyl ether market.
Coal, methanol, natural gas, and bio-based feedstock are the major raw material type segments of the dimethyl ether market.
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The Asia Pacific region will remain the largest market over the forecast period due to rising trends for LPG blending for domestic cooking application.
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Akzo Nobel N.V., China Energy Limited, The Chemours Company, Mitsubishi Corporation, Royal Dutch Shell PLC, Ferrostaal GmbH, Grillo Werke AG, Jiutai Energy Group, Oberon Fuels, and Zagros Petrochemical Company are among the major manufacturers of dimethyl ether.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the dimethyl ether market by application, raw material, and region. Lucintel has prepared a comprehensive research report entitled “Dimethyl Ether Market 2019-2024: Trends, Forecast, and Opportunity Analysis“. This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the dimethyl ether market by application, raw material, and region as follows:
By Raw Material [$M shipment analysis for 2013 – 2024]:
- Natural Gas
- Bio-Based Feedstock
By Application [$M shipment analysis for 2013 – 2024]:
- Aerosol Propellant
- LPG Blending
- Transportation Fuel
By Region [$M shipment analysis for 2013 – 2024]:
- North America
− United Kingdom
- Asia Pacific
− South Korea
- The Rest of the World
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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/dimethyl-ether-market.aspx or email@example.com.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global dimethyl ether market by application (aerosol propellant, LPG blending, and transportation fuel), by raw material (coal, methanol, natural gas, and bio-based feedstock), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the dimethyl ether market?
Q.5 What are the business risks and threats to the dimethyl ether market?
Q.6 What are emerging trends in the dimethyl ether market and the reasons behind them?
Q.7 What are some changing demands of customers in the dimethyl ether market?
Q.8 What are the new developments in the dimethyl ether market? Which companies are leading these developments?
Q.9 Who are the major players in the dimethyl ether market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the dimethyl ether market?
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