Published on : Feb 15, 2018
Albany, New York, February 15, 2018: A new comprehensive study based on dimethyl ether titled “Dimethyl Ether Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been submitted to the wide repository of Market Research Hub (MRH). The report provides in-depth analysis on dimethyl ether market on a global as well as regional level. The study also offers key insights of analyzing the global market current status, past trends and provides forecast from 2017 to 2025. For its readers, the study shares historical 2012-2017 and forecasted data 2017-2025 related to market size and volume analysis of global dimethyl ether market.
In the initial section, the report begins with an executive summary containing key information including market overview, market analysis along with range of market related data. In addition, drivers, restraints, and opportunities mentioned in the report are explained through quantitative and qualitative data. About dimethyl ether, research found that favorable characteristics of DME have resulted in creation of significant growth prospects for the chemical in energy applications over the last decade. As per the market current scenario, the demand in the global dimethyl ether market will boost at a healthy CAGR of 9.6% during the forecast period of 2017 to 2025.
Moving further, the analysts of the report have assessed that the opportunities in the dimethyl ether market, universally, will touch a revenue of US$9,868.1 mn by the end of 2025, considerably higher from its evaluated worth of US$4,371.1 mn in the year 2016.
Geographical and Segmental Overview
The research also includes geographical analysis in order to provide a comprehensive view of the market. The global dimethyl ether market is divided into key regions which are North America, Latin America, Japan, Europe, Asia Pacific and Middle East & Africa. Amongst, the analysts have highlighted Asia Pacific as the most lucrative region, providing for more than two-third of the total demand in the global dimethyl ether market.
The next section of the research highlights market segmentation which classifies dimethyl ether on the basis of raw material type, and applications. By application, the market has been bifurcated into aerosol propellants, LPG blending, power plant fuel, transportation fuel, chemical feedstock, and others including running boilers, refrigeration, and production processes. The report adds that the growing norm of dimethyl ether in LPG blending application is the foremost driver of the market growth. On the basis of material type, the research covers Coal, Methanol and Natural Gas.
To conclude with, the final section of the study presents an exhaustive analysis focusing on the prime players operating in the global dimethyl ether market. This competitive analysis positions all major players depending on their presence in different regions of the world, coupled with recent key developments announced by them. Some of the major players include Toyo Engineering Corporation, China Energy Ltd., and Guangdong JOVO Group Co. Ltd.
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