The global dimethyl ether market size  is expected to reach USD 8,755.17 million by
2028, exhibiting a CAGR of 10.5% between” 2021 to 2028. The shift from
conventional diesel fuel to Dimethyl Ether (DME) gasoline due to its low cost
and the zero-soot option will enable speedy expansion of the market during the
forecast period, states Fortune Business Insights, in a report, titled “Dimethyl
Ether Market, 2021-2028.” The market size stood at USD 4,001.89
million in 2020.

Robust Research and
Development Activities by Prominent Companies to Intensify Market

The dimethyl ether industry is
dominated by Jiutai Energy Group (China), Haldor Topsoe, Oberon fuels
(U.S.), Royal Dutch Shell Plc. (The Netherlands), The Chemours Company (U.S.),
Mitsubishi Corporation (Japan), Toyo Engineering Corporation. Companies are
focused on expanding their production capacities to strengthen their position
in the market. Companies are also increasing their raw material manufacturing
and delivery operations to maintain product consistency and improve regional
reach. The prominent companies are innovating their manufacturing technologies
to save costs and enhance the production rate.

The increasing pollution and health
issues associated with carbon have resulted in huge demand for carbon-negative
fuels. DME is a cost-effective hydrogen transporter, allowing the supply of
green energy to the rapidly expanding hydrogen fuel cell vehicle industry. The
eco-friendly benefits of this chemical will boost its demand in the forthcoming
years. The high ignition efficiency and certain number of DMEs will boost its
adoption in the transportation industry. Compared to diesel fuel, the lower
viscosity and lubricity of this chemical will accelerate its growth in the
forthcoming years.

The Report Lists the
Main Companies in the Global Market:

• Jiutai Energy Group (China)




• Haldor Topsoe




• Oberon fuels (U.S.)




• Royal Dutch Shell Plc. (The Netherlands)




• The Chemours Company (U.S.),




• Mitsubishi Corporation (Japan)




• Toyo Engineering Corporation




• Other Key Players

DME Production Plan
of Indonesia to Encourage Market Growth

The Indonesian Ministry of Energy and
Mineral Resources and state-owned energy company Pertamina announced their
plans to increase DME's commercial production. Indonesia has been researching
the prospect of blending domestically-manufactured DME with LPG for commercial
and domestic usage to eliminate the necessity for imported LPG. The country has
evaluated through several projects and hence announced its plans to amplify the
production of coal-to-DME through extensive blending. Furthermore, Pertamina, a
leading company partnered with Bukit Asam and Air Products to produce
high-value products, including dimethyl ether in large capacities. The joint
venture will focus on developing a coal gasification project, which will
involve synthetic natural gas (SNG) and DME for commercial and domestic
consumption. The collaboration will include the market study of this chemical
for domestic and commercial applications, discovering its employment as a
heating fuel for domestic purposes.

Strict Regulations to
Inhibit Market Growth

The International Organization for
Standardization has implemented several guidelines for the consumption of DME,
which, in turn, can restrict the growth of the market during the forecast
period. Companies are engaging in the manufacturing, mixing, and distributing
of this bulk chemical in China without following the regulatory protocols. The
collaboration of DME producers with manufacturers of valves, seals, and
cylinders with a single standard for LPG and DME blends can dampen the dimethyl
ether market growth. The cylinder, storage, and percentages of DME used in
those blends require strict regulations for safety and handling procedures,
which can restrict the dimethyl ether market share.

Browse In-depth
Summary of This Research Insight@ https://www.fortunebusinessinsights.com/dimethyl-ether-market-104309

LPG Blending to Hold
the Largest Share

Based on application, the market is
divided into LPG blending, aerosol propellant, transportation fuel, and others.
LPG blending is expected to account for the lion’s share during the forecast
period. Low-emission and sustainability of LPG blending will boost the
segment’s growth.  This chemical can be produced through biomass, waste
from pulp and paper plants, forest products, agricultural by-products,
construction waste, and fuel crops. DME can also be derived directly from
synthesis gas such as coal or biomass gasification, or natural gas reforming.

Geographically, the market is
classified into North America, Asia Pacific, Europe, and the Middle East, and
Africa.

Flourishing Shipping
Industry to Promote Growth in North America

• The booming agriculture, shipping, and
  construction industries will spur demand for dimethyl ether in North
  America.




• High consumption and production of DME in
  China, Japan, Korea, Indonesia, and India will push the growth of the Asia
  Pacific market.




• Europe is predicted to experience a
  substantial growth rate during the forecast period owing to the rapid
  advancements in the automotive sector.