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Showing posts with the label Global Dimethyl ether Market

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 cha...