Transparency Market
Research has published a new report titled “Dimethyl
Ether Market by Raw Material Types - Global & China Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 – 2020”.According to the report,
the global
DME market in
China and across the globe was valued at US$ 4.46 Bn in 2013 and is likely to
reach US$ 8.37 Bn in 2020, expanding at a CAGR of 9.4% between 2014 and 2020.
Dimethyl ether, commonly
known as DME, is a downstream derivative of methanol. It can be obtained from
fossil fuel resources such as coal and natural gas as well as bio based
feedstock such as agricultural waste, forest waste, and municipal waste and
black liquor. Favorable physical and chemical characteristics of DME make it a
viable option for a number of applications; its application as blending
chemical in LPG is the most important one. Owing to the similar properties of
LPG and DME, accurate proportion blend of the two chemicals does not require
significant change in existing equipment and logistical operations, which were
earlier used for LPG alone.
Comments
Post a Comment