Dimethyl Ether Market is Expected to Reach US$ 8.37 Bn in 2020

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.

Get the PDF Brochure for more Professional and Technical industry insights @:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1650

In terms of application, the DME market can be segmented into LPG blending, aerosol propellants, transportation fuel, industrial applications, and others. LPG blending is the largest application, followed by aerosol propellants. China accounts for the highest demand for LPG across the globe. However, application of DME as transportation fuel is likely to expand at the fastest pace during the forecast period. Low carbon emissions and clean burning are some of the positive traits of DME. These factors are expected to drive the market in the near future. High degree of research and development pertaining to use of DME as transportation fuel is anticipated to boost the DME market during the forecast period.

Led by China, Asia Pacific accounted for the largest share of the global demand for DME in 2013. China accounted for the major share of Asia Pacific as well as the global DME market in the year. Asia Pacific was followed by Europe and North America in 2013. The market for DME is estimated to expand at the fastest rate in the Rest of the World region. However, China is projected to dominate the market in terms of volume in the near future

Browse The Full Report at:

http://www.transparencymarketresearch.com/dimethyl-ether-market.html

The report provides an in-depth analysis of the DME market in terms of volume (kilo tons) and revenue (US$ Mn). It includes current demand analysis and forecast for each application and raw material segment at the global and regional level. Regions analyzed include North America, Europe, China, Rest of Asia Pacific and Rest of the World. The report comprises the following segments:

The report segments the global DME market as:

Di-methyl Ether Market - Application Analysis

· LPG blending

· Aerosol propellants

· Transportation fuel

· Industrial

· Others (Including chemical feedstock, etc.)

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyses information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Oil and Gas Pipeline Leak Detection Equipment Market Driven by Stringent Government Regulations

Although renewable resources of energy have gained substantial popularity in the recent past, there is no foreseeable limitation to the escalating demand for oil and gas, with the growing population and rapid urbanization. Consequently, the demand in the global market for oil and gas pipeline leak detection equipment is projected for a robust CAGR of 6.8% during the forecast period of 2016 to 2024, according to a recent report by Transparency Market Research (TMR). As per the estimations of the TMR report, the global oil and gas pipeline leak detection equipment market will be worth US$3.65 bn by the end of 2024, significantly up from its evaluated valuation of US$2.02 bn in 2015. Some of the key factors augmenting the demand in the oil and gas pipeline leak detection equipment market are: development and expansion of existing pipelines and construction of new pipelines, increasing incidents of oil and gas leakages in pipeline and storage tanks at production facilities, and

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog