According to the report, the Global DME market is driven by several factors (both on the demand and supply side), of which the growing demand for DME in China is one of the major drivers. China is the single largest consumer and producer of DME, contributing more than 90 percent of the global demand, and is expected to continue to dominate the Global DME market in the future. The DME market in China has changed dramatically, with many new projects.
Dimethyl Ether (DME), also known as methyl ether, is a colourless non-toxic gas which is easy to liquefy and transport. DME is a clean energy source that can be manufactured from various abundant sources including coal, biomass, and natural gas. It has a great potential for use as an alternative for transportation fuel. In addition, it is also used in power generation and domestic applications like heating and cooking.
Analysts forecast the Global Dimethyl Ether market will grow at a CAGR of 10.99 percent over the period 2013-2018.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Dimethyl Ether market for the period 2014-2018. The report provides data on the different segments of the market based on the following criteria: Feedstock, Process and Technology, Applications, and Geography.
TechNavio's report, the Global Dimethyl Ether Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Asia Ppacific, Europe and Middle East regions; it also covers the Global Dimethyl Ether market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- Asia Pacific
- Middle East
Key Market Driver
- Increased Demand in China.
Key Market Challenge
- Strong Competitions with Existing Fuel Cells.
Key Market Trend
- Increasing Production of Bio-Based DME.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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