Dimethyl Ether Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2028

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The global dimethyl ether market size is expected to reach USD 8,755.17 million by 2028, exhibiting a CAGR of 10.5% during the forecast period. The rising capacity expansion of DME in several countries such as Japan and China will boost the growth of the market during the forecast period, states Fortune Business Insights, in a report, titled “Dimethyl Ether Market, 2021-2028.” The market size stood at USD 4,001.89 million in 2020.

Dimethyl ether (DME) is a colorless gas at room temperature with a faint ethereal odor. It’s often referred to as methoxymethane or DME. Here are some key points about dimethyl ether:

  1. Chemical Composition: Dimethyl ether is composed of two methyl groups (-CH3) attached to an oxygen atom (O). Its chemical formula is CH3OCH3.
  2. Production: Dimethyl ether is primarily produced through the dehydration of methanol, a process that involves removing water from methanol in the presence of a catalyst. Methanol can be obtained from various sources such as natural gas, biomass, or coal.
  3. Properties:
    • Boiling Point: -24.8°C
    • Melting Point: -138.5°C
    • Density: 0.664 g/cm³ (at 20°C)
    • Solubility: Miscible in water
    • Flammability: Highly flammable
  4. Applications:
    • Fuel: DME can be used as a clean-burning alternative fuel in various applications, including transportation (as a diesel substitute), household heating, and power generation. It emits low levels of pollutants and has been considered as a potential replacement for conventional diesel in some regions.
    • Aerosol Propellant: DME is used as a propellant in aerosol sprays, replacing chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) due to its lower environmental impact.
    • Refrigeration: DME is used as a refrigerant in some applications, although its use is less common compared to other refrigerants.
    • Chemical Intermediate: DME serves as a precursor in the production of other chemicals, such as dimethyl sulfate and acetic acid.
    • Extractive Solvent: DME is used as an extractive solvent in the extraction of natural products and in the production of pharmaceuticals.
  5. Safety: While DME is less toxic than many other organic compounds, it is highly flammable and should be handled with care. Proper ventilation and storage procedures are necessary to prevent the risk of fire or explosion.
  6. Environmental Impact: DME is considered environmentally friendly compared to many other hydrocarbons due to its lower emissions of greenhouse gases and pollutants during combustion. However, its full environmental impact depends on factors such as its production method and energy sources used.

Overall, dimethyl ether has various industrial applications and is considered an attractive option for certain uses due to its favorable properties and relatively low environmental impact compared to some other fossil fuels.

Market Segments:

LPG Blending to Hold the Largest Share

Based on application, the market is divided into LPG blending, aerosol propellant, transportation fuel, and others. LPG blending is expected to hold the largest share during the forecast period. The high demand for DME is due to its high energy density. The growing application of DME as an aerosol propellant and as a reagent in the manufacture of common compounds such as dimethyl sulfate and acetic acid will boost the segment’s growth.

Geographically, the market is classified into North America, Asia Pacific, Europe, and the Middle East, and Africa.

Driving Factor:

Growing Promotion of DME as Renewable Synthetic Fuel to Aid Dimethyl Ether Market Growth

Topsoe, Mitsubishi, and Total emphasize the promotion of DME as a modern and renewable synthetic fuel, which will aid the expansion of the market. The shift from liquefied petroleum gas (LPG) to DME because of its combustion properties will incite the market’s growth. It is a gas at average temperatures and pressures, but it can be liquefied at a moderate pressure. The increasing use of this chemical as aerosol, propellant, chemical feedstock, transportation gasoline, and refrigerant can have a tremendous impact on the dimethyl ether industry. The shortage of LPG will fuel demand for DME, thus fostering market growth. These bulk chemicals can also be made from various raw materials, including methanol, wood, and syngas, thus enabling high production to cater to the energy demand.

Regional Insights:

High Production and Consumption of DME to Encourage Growth in Asia Pacific

The market size in Asia Pacific stood at USD 3,194.2 million in 2020. The growth is attributed to the high consumption and production of DME in China and India. It has been used as an energy source in China, Japan, Korea, Egypt, and Brazil. The increasing generation of DME from many feedstocks, including biogas, agricultural waste, and natural gas, will stimulate growth in the region. Europe is expected to expand gradually during the forecast period. The development is attributed to the booming automotive industry across European countries. The Middle East & Africa and Latin America are expected to experience a rapid growth rate during the forecast period due to several government initiatives to increase the usage of clean household fuel in the countries.

Dimethyl ether (DME) has a variety of uses across different industries due to its properties as a clean-burning fuel, solvent, and aerosol propellant. Here are some common applications of dimethyl ether:

  1. Fuel:
    • Transportation Fuel: DME can be used as a diesel substitute or in diesel blends for vehicles, buses, trucks, and even ships. It has a high cetane number, which means it ignites easily, making it suitable for compression ignition engines.
    • LPG Substitute: DME can be used as a substitute for liquefied petroleum gas (LPG) in heating and cooking applications. It can be stored and transported in a similar manner to LPG.
  2. Aerosol Propellant:
    • DME is used as a propellant in aerosol products such as hairsprays, deodorants, and spray paints. It has largely replaced chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) due to environmental concerns.
  3. Refrigeration:
    • DME can be used as a refrigerant in some applications, although its use in this field is less common compared to other refrigerants.
  4. Chemical Intermediate:
    • DME serves as a precursor or intermediate in the production of various chemicals. For example, it is used in the synthesis of dimethyl sulfate, which is a methylating agent, and in the production of acetic acid.
  5. Extractive Solvent:
    • DME is used as an extractive solvent in the extraction of natural products, such as essential oils and flavors. It is also used in the pharmaceutical industry for the extraction and purification of pharmaceutical compounds.
  6. Fuel Cells:
    • DME has been investigated as a potential fuel for fuel cells due to its high energy density and clean combustion characteristics. It can be reformed into hydrogen for use in proton exchange membrane fuel cells (PEMFCs) or directly used in direct dimethyl ether fuel cells (DDMEFCs).
  7. Heat Transfer Fluid:
    • DME can be used as a heat transfer fluid in some industrial processes due to its low viscosity and high thermal conductivity.
  8. Power Generation:
    • DME can be used in stationary power generation applications, such as backup generators or combined heat and power (CHP) systems.

These are just some of the key uses of dimethyl ether, which highlight its versatility as a fuel, solvent, propellant, and chemical intermediate in various industries.

Browse Summary:https://www.fortunebusinessinsights.com/dimethyl-ether-market-104309

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