Transportation of the product is one of the key issues currently faced in the industry, owing to its highly
inflammable nature. One of the major product segments such as dimethyl ether is usually transported by means
of ISO containers which provide additional convenience in terms of storage and also reduce secondary
transportation cost to a certain extent.
Product Insights
Methyl ether and dimethyl ether, one of the key product segments are estimated to witness growth at a CAGR
of 6% during the forecast period, as these products exhibit low global warming potential and no damage to the
ozone layer. Due to the superior performance and reduced costs of the product, the demand for DME based
blends is likely to increase the usage of can fillers thus enhancing the product consumption.
Due to the factors including low environmental damage and higher stability the consumption of aerosol
propellant gases is expected to rise over the years ahead. The utilization of nitrous oxide is highly regulated due
to its adverse effects on health of humans.
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Application Insights
Increased usage of floor cleaners and insect sprays is considered to drive the product consumption in the
household application segment. The demand for spray cleaners has also increased due to the boom in
disposable income of consumers and noticeable changes in lifestyle of consumers which has increased the
demand for products like wall coverings, furniture and others.
The automotive sector is expected to rise at a CAGR of 5% from 2016 to 2025, thus impelling the product
consumption in processing of anti-fog agents, automotive cleaning agents, adhesives and sealants, and
lubricants. To reduce the operational and maintenance costs in automotive and industrial applications the
increased preference towards preventive maintenance is likely to increase the demand for above mentioned
products.
Regional Insights
The Asia Pacific market is expected to show the fastest growth owing to a couple of socio-economic factors such
as increase in disposable income and change in consumer lifestyles. Significantly rising use of various personal
care products such as hair styling sprays and deodorants, among consumers is likely to boost the product