Report ID: SQMIG15E2344
Report ID:
SQMIG15E2344 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
73
Dimethyl Ether Market size was valued at USD 4.08 billion in 2019 and is poised to grow from USD 4.46 billion in 2023 to USD 10.02 billion by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).
Dimethyl ether (DME) is a colorless and odorless gas. It has a low boiling point and is produced using a variety of raw materials including natural gas, methanol, coal, and biomass. DME is an alternative for energy sources since it contains no sulfur, and it has a wide range of applications as a solvent in numerous industries such as the chemical and petrochemical industries. One of the primary drivers driving the overall industry growth throughout the predicted period is the increasing demand for dimethyl ether in LPG blending. LPG blending will increase market growth by allowing cleaner energy fuel to be transported to remote places for home purposes such as heating and cooking.
US Dimethyl Ether Market is poised to grow at a sustainable CAGR for the next forcast year.
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Report ID: SQMIG15E2344