Product Code: TIPRE00021787
The dimethyl ether market size was valued at US$ 6.21 billion in 2022 and is expected to reach US$ 12.80 billion by 2030; it is estimated to register a CAGR of 9.5% from 2022 to 2030.
Dimethyl ether is a colorless gaseous ether with an ethereal odor. Dimethyl ether is produced through synthesis processes involving feedstock conversion to syngas (a mixture of hydrogen and carbon monoxide), followed by syngas conversion to dimethyl ether. DME is used as an aerosol propellant, as a replacement for chlorofluorocarbons and hydrochlorofluorocarbons. DME is medium to high-pressure propellant, making it suitable for aerosol products requiring rapid dispensing and desired spray characteristics. DME is also compatible with a broad range of applications in cosmetics, personal care, pharmaceuticals, and consumer goods. DME offers high solvent power and can be mixed with alcohol and aqueous solution. Manufacturers prefer DME as an environment-friendly and sustainable option for propellant applications due to its reduced carbon footprint.
In terms of application, the dimethyl ether market is bifurcated into aerosol propellants, LPG blending, transportation fuel, power generation fuel, chemical feedstock, and others. The transportation fuel segment is expected to register highest CAGR in the dimethyl ether market from 2022 to 2030. The demand for clean transportation fuels is rising in regions strongly committed to sustainable transportation, such as Europe and Asia Pacific. DME's advantages in terms of lower emissions, reduced reliance on petroleum-derived fuels, and compatibility with current infrastructure align with these objectives. As a result, the dimethyl ether market is poised to capitalize on this demand growth, positioning itself as a cleaner, more sustainable transportation fuel. By addressing the environmental challenges associated with traditional fuels, DME can play a pivotal role in shaping a greener and more sustainable transportation sector globally. Thus, increasing demand from end-use industries is expected to bolster the dimethyl ether market growth. All these factors are driving the dimethyl ether market growth in the transportation fuel sector.
Asia Pacific is estimated to register the fastest CAGR in the global dimethyl ether market from 2022 to 2030. The adoption of DME in the region is significantly influenced by regulatory frameworks, decarbonization of the transportation sector, and environmental regulations. For instance, in 2022, the Oil Minister of India encouraged the blending of DME with liquified petroleum gas due to rising demand for fuel used for domestic applications. The rising demand for a renewable substitute for LPG has prompted manufacturers to boost renewable DME production. The concerns about climate change, the need for clean transportation fuel, and the requirement for alternative fuel are a few factors expected to drive the demand for dimethyl ether (DME) in during the forecast period. As Asia Pacific continues to adoption of products like sustainable products, the demand for dimethyl ether is expected to rise, further driving the dimethyl ether market growth. The rising utilization of palm residues to produce DME can help Indonesia achieve its General National Energy Plan target of 23% renewable energy by 2025. China, India, and Japan are the largest consumers of DME in the region, owing to the increasing utilization of DME in LPG blending, chemical feedstock, and aerosol propellant. Further, the rising utilization of DME for LPG substitution and feedstock in the chemical industry is anticipated to boost the dimethyl ether market growth.
A few players operating in the global dimethyl ether market include Nouryon Chemicals Holding BV, Shell Plc, Mitsubishi Gas Chemical Co Inc, The Chemours Co, Aerosolex, Oberon Fuels Inc, Merck KGaA, Jiangsu July Chemical Co Ltd, Sichuan Lutianhua Co Ltd, and Grillo-Werke AG. Players operating in the global dimethyl ether market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers. For instance, in February 2023, NextChem and its subsidiary MyRechemical (Maire Tecnimont Group) signed an agreement with Dimeta B.V. to explore new opportunities to develop plants for the production of renewable and recycled carbon dimethyl ether (DME) from waste.
The overall global dimethyl ether market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the dimethyl ether market.
Reasons to Buy:
- Progressive industry trends in the dimethyl ether market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the dimethyl ether market from 2020 to 2030
- Estimation of the demand for dimethyl ether across various industries
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for dimethyl ether compounds across the globe
- Market trends and outlook coupled with factors driving and restraining the growth of the dimethyl ether market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the global dimethyl ether market growth
- The global dimethyl ether market size at various nodes of market
- Detailed overview and segmentation of the dimethyl ether market as well as its dynamics in the industry
- The dimethyl ether market size in different regions with promising growth opportunities
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
- 2.2.1 Market Attractiveness
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Dimethyl Ether Market Landscape
- 4.1 Overview
- 4.2 Porter's Five Forces Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. Global Dimethyl Ether Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Use of Dimethyl Ether in LPG Blending
- 5.1.2 Flourishment of Aerosol Propellant Manufacturing Industry
- 5.2 Market Restraints
- 5.2.1 Availability of Substitute Products
- 5.3 Market Opportunities
- 5.3.1 Growing Demand for Clean Transportation Fuel
- 5.4 Future Trends
- 5.4.1 Rising Adoption of Renewable Dimethyl Ether
- 5.5 Impact Analysis
6. Dimethyl Ether Market - Global Market Analysis
- 6.1 Dimethyl Ether Market Revenue (Tons)
- 6.2 Dimethyl Ether Market Revenue (US$ Million)
- 6.3 Dimethyl Ether Market Forecast and Analysis
7. Dimethyl Ether Market Analysis - Application
- 7.1 Aerosol Propellants
- 7.1.1 Overview
- 7.1.2 Aerosol Propellants Market, Revenue, and Forecast to 2030 (US$ Million)
- 7.1.3 Aerosol Propellants Market, Revenue, and Forecast to 2030 (Tons)
- 7.2 LPG Blending
- 7.2.1 Overview
- 7.2.2 LPG Blending Market Revenue, and Forecast to 2030 (US$ Million)
- 7.2.3 LPG Blending Market, Revenue, and Forecast to 2030 (Tons)
- 7.3 Transportation Fuel
- 7.3.1 Overview
- 7.3.2 Transportation Fuel Market Revenue and Forecast to 2030 (US$ Million)
- 7.3.3 Transportation Fuel Market, Revenue, and Forecast to 2030 (Tons)
- 7.4 Power Generation Fuel
- 7.4.1 Overview
- 7.4.2 Power Generation Fuel Market Revenue and Forecast to 2030 (US$ Million)
- 7.4.3 Power Generation Fuel Market, Revenue, and Forecast to 2030 (Tons)
- 7.5 Chemical Feedstock
- 7.5.1 Overview
- 7.5.2 Chemical Feedstock Market Revenue and Forecast to 2030 (US$ Million)
- 7.5.3 Chemical Feedstock Market, Revenue, and Forecast to 2030 (Tons)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
- 7.6.3 Others Market, Revenue, and Forecast to 2030 (Tons)
8. Dimethyl Ether Market - Geographical Analysis
- 8.1 North America
- 8.1.1 North America Dimethyl Ether Market Overview
- 8.1.2 North America Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.1.3 North America Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.4 North America Dimethyl Ether Market Breakdown by Application
- 8.1.4.1 North America Dimethyl Ether Market Volume and Forecasts and Analysis - By Application
- 8.1.4.2 North America Dimethyl Ether Market Revenue and Forecasts and Analysis - By Application
- 8.1.5 North America Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
- 8.1.5.1 Dimethyl Ether market Breakdown by Country
- 8.1.5.2 US Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.1.5.3 US Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.5.3.1 US Dimethyl Ether Market Breakdown by Application
- 8.1.5.3.2 US Dimethyl Ether Market Breakdown by Application
- 8.1.5.4 Canada Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.1.5.5 Canada Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.5.5.1 Canada Dimethyl Ether Market Breakdown by Application
- 8.1.5.5.2 Canada Dimethyl Ether Market Breakdown by Application
- 8.1.5.6 Mexico Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.1.5.7 Mexico Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.1.5.7.1 Mexico Dimethyl Ether Market Breakdown by Application
- 8.1.5.7.2 Mexico Dimethyl Ether Market Breakdown by Application
- 8.2 Europe
- 8.2.1 Europe Dimethyl Ether Market Overview
- 8.2.2 Europe Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.3 Europe Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.4 Europe Dimethyl Ether Market Breakdown by Application
- 8.2.4.1 Europe Dimethyl Ether Market Volume and Forecasts and Analysis - By Application
- 8.2.4.2 Europe Dimethyl Ether Market Revenue and Forecasts and Analysis - By Application
- 8.2.5 Europe Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
- 8.2.5.1 Dimethyl Ether market Breakdown by Country
- 8.2.5.2 Germany Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.3 Germany Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.3.1 Germany Dimethyl Ether Market Breakdown by Application
- 8.2.5.3.2 Germany Dimethyl Ether Market Breakdown by Application
- 8.2.5.4 France Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.5 France Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.5.1 France Dimethyl Ether Market Breakdown by Application
- 8.2.5.5.2 France Dimethyl Ether Market Breakdown by Application
- 8.2.5.6 Italy Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.7 Italy Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.7.1 Italy Dimethyl Ether Market Breakdown by Application
- 8.2.5.7.2 Italy Dimethyl Ether Market Breakdown by Application
- 8.2.5.8 UK Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.9 UK Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.9.1 UK Dimethyl Ether Market Breakdown by Application
- 8.2.5.9.2 UK Dimethyl Ether Market Breakdown by Application
- 8.2.5.10 Russia Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.11 Russia Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.11.1 Russia Dimethyl Ether Market Breakdown by Application
- 8.2.5.11.2 Russia Dimethyl Ether Market Breakdown by Application
- 8.2.5.12 Rest of Europe Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.2.5.13 Rest of Europe Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.2.5.13.1 Rest of Europe Dimethyl Ether Market Breakdown by Application
- 8.2.5.13.2 Rest of Europe Dimethyl Ether Market Breakdown by Application
- 8.3 Asia Pacific
- 8.3.1 Asia Pacific Dimethyl Ether Market Overview
- 8.3.2 Asia Pacific Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.3 Asia Pacific Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.4 Asia Pacific Dimethyl Ether Market Breakdown by Application
- 8.3.4.1 Asia Pacific Dimethyl Ether Market Volume and Forecasts and Analysis - By Application
- 8.3.4.2 Asia Pacific Dimethyl Ether Market Revenue and Forecasts and Analysis - By Application
- 8.3.5 Asia Pacific Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
- 8.3.5.1 Dimethyl Ether market Breakdown by Country
- 8.3.5.2 Australia Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.3 Australia Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.3.1 Australia Dimethyl Ether Market Breakdown by Application
- 8.3.5.3.2 Australia Dimethyl Ether Market Breakdown by Application
- 8.3.5.4 China Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.5 China Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.5.1 China Dimethyl Ether Market Breakdown by Application
- 8.3.5.5.2 China Dimethyl Ether Market Breakdown by Application
- 8.3.5.6 India Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.7 India Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.7.1 India Dimethyl Ether Market Breakdown by Application
- 8.3.5.7.2 India Dimethyl Ether Market Breakdown by Application
- 8.3.5.8 Japan Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.9 Japan Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.9.1 Japan Dimethyl Ether Market Breakdown by Application
- 8.3.5.9.2 Japan Dimethyl Ether Market Breakdown by Application
- 8.3.5.10 South Korea Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.11 South Korea Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.11.1 South Korea Dimethyl Ether Market Breakdown by Application
- 8.3.5.11.2 South Korea Dimethyl Ether Market Breakdown by Application
- 8.3.5.12 Rest of Asia Pacific Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.3.5.13 Rest of Asia Pacific Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.3.5.13.1 Rest of Asia Pacific Dimethyl Ether Market Breakdown by Application
- 8.3.5.13.2 Rest of Asia Pacific Dimethyl Ether Market Breakdown by Application
- 8.4 Middle East and Africa
- 8.4.1 Middle East and Africa Dimethyl Ether Market Overview
- 8.4.2 Middle East and Africa Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.4.3 Middle East and Africa Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.4.4 Middle East and Africa Dimethyl Ether Market Breakdown by Application
- 8.4.4.1 Middle East and Africa Dimethyl Ether Market Volume and Forecasts and Analysis - By Application
- 8.4.4.2 Middle East and Africa Dimethyl Ether Market Revenue and Forecasts and Analysis - By Application
- 8.4.5 Middle East and Africa Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
- 8.4.5.1 Dimethyl Ether market Breakdown by Country
- 8.4.5.2 South Africa Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.4.5.3 South Africa Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.4.5.3.1 South Africa Dimethyl Ether Market Breakdown by Application
- 8.4.5.3.2 South Africa Dimethyl Ether Market Breakdown by Application
- 8.4.5.4 Saudi Arabia Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.4.5.5 Saudi Arabia Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.4.5.5.1 Saudi Arabia Dimethyl Ether Market Breakdown by Application
- 8.4.5.5.2 Saudi Arabia Dimethyl Ether Market Breakdown by Application
- 8.4.5.6 UAE Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.4.5.7 UAE Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.4.5.7.1 UAE Dimethyl Ether Market Breakdown by Application
- 8.4.5.7.2 UAE Dimethyl Ether Market Breakdown by Application
- 8.4.5.8 Rest of MEA Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.4.5.9 Rest of MEA Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.4.5.9.1 Rest of MEA Dimethyl Ether Market Breakdown by Application
- 8.4.5.9.2 Rest of MEA Dimethyl Ether Market Breakdown by Application
- 8.5 South and Central America
- 8.5.1 South and Central America Dimethyl Ether Market Overview
- 8.5.2 South and Central America Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.5.3 South and Central America Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.5.4 South and Central America Dimethyl Ether Market Breakdown by Application
- 8.5.4.1 South and Central America Dimethyl Ether Market Volume and Forecasts and Analysis - By Application
- 8.5.4.2 South and Central America Dimethyl Ether Market Revenue and Forecasts and Analysis - By Application
- 8.5.5 South and Central America Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
- 8.5.5.1 Dimethyl Ether market Breakdown by Country
- 8.5.5.2 Brazil Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.5.5.3 Brazil Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.5.5.3.1 Brazil Dimethyl Ether Market Breakdown by Application
- 8.5.5.3.2 Brazil Dimethyl Ether Market Breakdown by Application
- 8.5.5.4 Argentina Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.5.5.5 Argentina Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.5.5.5.1 Argentina Dimethyl Ether Market Breakdown by Application
- 8.5.5.5.2 Argentina Dimethyl Ether Market Breakdown by Application
- 8.5.5.6 Rest of SAM Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
- 8.5.5.7 Rest of SAM Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
- 8.5.5.7.1 Rest of SAM Dimethyl Ether Market Breakdown by Application
- 8.5.5.7.2 Rest of SAM Dimethyl Ether Market Breakdown by Application
9. Impact of COVID-19 Pandemic on Global Dimethyl Ether Market
- 9.1 Pre & Post Covid-19 Impact
10. Competitive Landscape
- 10.1 Heat Map Analysis By Key Players
- 10.2 Company Positioning & Concentration
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Merger and Acquisition
12. Company Profiles
- 12.1 Nouryon Chemicals Holding BV
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Shell Plc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Mitsubishi Gas Chemical Co Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 The Chemours Co
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 Key Developments
- 12.5 Aerosolex
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Oberon Fuels Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Merck KGaA
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Jiangsu July Chemical Co Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Sichuan Lutianhua Co Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Grillo-Werke AG
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix