Tuesday, November 27, 2018

Dimethyl Ether Market by Drivers, Opportunities, Potential Applications and Emerging Players Forecast to 2023

PS LogoThe major growth drivers identified in the dimethyl ether market is the rising  demand for the compound from automotive industry. Growing preference of  consumers coupled with emerging environmental concerns have resulted in increased demand for less polluting and enhanced quality fuel in automobile  industry. The rising consumption of ether is resulting in rapid transformation of automobile market.
On the basis of raw materials, the dimethyl ether market is categorized into methanol, coal, natural gas, and bio-based. During the historical period, methanol accounted for significant share in the dimethyl ether market. The high demand for methanol reflects the ease with which the ether can be produced using methanol as a raw material.
Growing demand for clean fuel from emerging economies are expected to offer growth opportunities for dimethyl ether market. Countries such as China, and India have emerged as one of the prominent automotive markets in the world. However, this has also resulted in high level of vehicular pollution in major cities of these countries.
The major growth drivers identified in the dimethyl ether market is the rising demand for the compound from automotive industry. Growing preference of consumers coupled with emerging environmental concerns have resulted in increased demand for less polluting and enhanced quality fuel in automobile industry.
Dimethyl Ether
APAC dimethyl ether market is expected to remain the largest regional market during the forecast period. This is attributed to the increasing demand for clean fuel from the transportation, and oil and gas industries in the region.
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