Di Methyl Ether Market, By Product Type (Fossil Fuel Based, Bio Based), By Application (LPG Blending, Aerosol Propellants, Transportation Fuel, Industrial, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jul 2023

Code : CMI4118

Pages :120

Formats :

Excel and PDF

Industry : Bulk Chemicals

Market Challenges And Opportunities

Global Di Methyl Ether: Restraints

Lack of distribution networks is hampering the supply chain-

Less viscosity and lubricity of dimethyl ether is restricting its use across diesel in automobiles. Poor lubricating properties and low viscosity lead to wear and tear in the automotive system. Hence, dimethyl ether as diesel is not compatible with the automotive system. This is expected to hamper the market growth of dimethyl ether.

Lack of distribution networks is hampering the supply chain to meet the rising demand for the product. Thus, due to the lack of proper distribution networks, the product remains unavailable to a large number of users. This is projected to hinder the market growth of dimethyl ether.

Market Opportunity-

Most developed and developing countries around the world have introduced strict regulations for high-emission fuels in the automotive sector. As environmental concerns grow, the development of alternative fuels to conventional fuels is progressing. Demand for dimethyl ether is expected to increase in the automotive market, as dimethyl ether may be used as a propane substitute in liquefied petroleum gas (LPG), which is used as a fuel in both the automotive market and households. The use of dimethyl ether as fuel for gas turbine and diesel engines is also expected to increase during the forecast period.

Rising demand for automobiles from growing economies is another major driver. Moreover, household use of dimethyl ether will encourage market players to launch new products, further propelling the market growth during the forecast period.