Infinium Global Research Global Dimethyl Ether Market - IGR 2021 | Page 2

The report on Dimethyl Ether by Infinium Global Research analyses the
Dimethyl Ether Market over the period of 2017 to 2021. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Dimethyl Ether Market. It
will help a lot of decision makers to develop strategies and find new
opportunities in the Global Dimethyl Ether Market.
The Dimethyl Ether Market was worth $ 4812.7 million in 2014 and it is
expected to reach $ 9313.9 million in 2021, growing at a CAGR of 10.6% from
2016 to 2021. Dimethyl ether is largely used as a substitute to Liquefied
Petroliam Gas (LPG) as a blended fuel. Moreover excellent thermal efficiency
gives dimethyl ether a competitive advantage over other syngas to products.
DME is obtained from fossil fuel including coal and natural gas and bio based
feedstock. Commonly used bio based feedstock includes agricultural waste,
black liquor, garbage and forest waste. DME has emerged as an efficient
energy alterative for emerging markets including China, Brazil and India.
China tops the list of consumers of DME worldwide, owing to which the
country has reduced imports of LPG over the past few years. The DME market
in china is anticipated to grow at a CAGR of more than 10% over the period of
2014 to 2021.The global dimethyl ether market is expected to demonstrate
significant growth over the forecast and currently it is dominated by few
market leaders.
Infinium Global Research