DI METHYL ETHER MARKET ANALYSIS

Di Methyl Ether MarketSize and Trends

The Global Di Methyl Ether is projected to reach around US$ 17.56 Billion by the end of 2030, in terms of revenue, growing at a CAGR of 9.1% during the forecast period (2023-2030).

Figure 1: Global Di Methyl Ether Share (%) in terms of Value, By Region, in 2022

Asia Pacific region dominated the Global Di Methyl Ether in 2022, accounting for an 84% share in terms of value, followed by Europe and North America respectively.

Figure 2: Global Di Methyl Ether Market Share (%) in terms of Value, By Application, in 2022

On the basis of application in 2022, the LPG blending segment has accounted for the largest market share of 62% in terms of value

Market Trends-

An increasing number of players in the DME market to expand business presence is a major trend in the market.

Go green is a growing trend in the market. Rising demand for clean fuel due to rising environmental pollution is expected to create enormous demand for dimethyl ether. Increasing oil depletion and growing greenhouse gases emission are other major factors projected to augment the market growth. Moreover, rapid growth in the urban population along with the rapid consumption of ether around the globe is further projected to boost the market growth of the dimethyl ether over the forecast period.