Product ID: SQMIG15E2344
Global Dimethyl Ether Market Size, Share, Growth Analysis, By Raw Material(Natural Gas, Coal), By Application(Transportation Fuel, Aerosol Propellant) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2344 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
73
Global Dimethyl Ether Market Regional Insights
Asia Pacific is expected to control the Dimethyl Ether market share. This demand is predicated on the fact that these nations have access to cheap and easy access to raw materials in this region. China leads the dimethyl ether market in terms of profitability. Over the coming years, this region is anticipated to generate sizable profits due to the rise in the use of dimethyl ether in numerous applications, including transportation fuel, aerosol propellants, LPG blending, and others. Dimethyl ether is a superb substitute used as a fuel for energy, and it is anticipated to create profitable growth opportunities for the industry in the coming years. Due to strict environmental regulations imposed on the electricity and transportation sectors, it is anticipated that the market for dimethyl ether will experience significant expansion. The Pradhan Mantri Ujjwala Yojana program, which offers free LPG cooking gas connections to women from below-poverty-line families, will receive an additional 10 million LPG recipients during the fiscal year 2021–2022, according to the Indian government. This will increase demand for LPG across the country. This is anticipated to boost the dimethyl ether market throughout the forecast period (2022 to 2028).
Global Dimethyl Ether Market Report Snapshots
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