Dimethyl Ether Market Analysis

Raw Materials (Fossil Fuel-Based, Bio-based)

The global dimethyl ether market is segmented and analyzed for demand and supply by raw material into fossil fuel-based and bio-based. Among these segments, the fossil fuel segment held the largest market share in the year 2022 as it is suitable for direct utilization in conventional internal combustion engines (ICs) without requiring any substantial alterations. Moreover, the increasing exports of internal combustion piston engines are expected to further augment the segment growth during the forecast period. It has been reported that the US exported internal combustion piston engines worth USD 5,935,305 thousand in the year 2021, which was an increase from USD 4,753,345 thousand in the previous year.

Application (Aerosol Propellants, LPG Blending, Transportation Fuel, Power Plant Fuel, Chemical Feedstock)

The global market of dimethyl ether is segmented and analyzed for demand and supply by application into aerosol propellants, LPG blending, transportation fuel, power plant fuel, chemical feedstock, and others. The LPG blending segment is anticipated to have the highest market share in the forecast year. This can be found in the increased usage of dimethyl ether with LPG to improve combustion and reduce & protect the emission of hazardous gases. Growing research and development for blending ratio is considered to be the major factor driving the growth of this segment.  To reduce hazardous emissions, enhance combustion, and low the dependency on LPG, dimethyl ether is combined with LPG. For instance, around 15%-25% of dimethyl ether is being used with higher ratio blends.

Our in-depth analysis of the global market includes the following segments: