Market Snapshot:
Bio-Based and Synthetic Dimethyl Ether also known as methoxymethane. Bio-Based and Synthetic Dimethyl Ether is a colorless gas with a faint ethereal odor. This is also an organic compound with the formula CH₃OCH₃. The simplest ether is a colorless gas that can be used as an aerosol propellant and a helpful precursor to other organic molecules. Its potential usage as a fuel is currently being explored. It is an ethanol isomer. The required Synthetic Dimethyl Ether is obtained from synthesis gas. Other possible improvements call for a dual catalyst system that permits both Dimethyl synthesis and dehydration in the same process unit, with no methanol isolation and purification.
Highlights from Bio-Based and Synthetic Dimethyl Ether Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Akzo Nobel N.V. (Netherlands), Linde (Ireland), Balchem (United States), Belle Chemical LLC (United States), Oberon Fuels (United States), Chinese Energy Holdings Limited (china), ENN Energy Holdings Limited (China), Grillo-Werke AG (Germany), Oberon Fuels, Inc. (United States) and Shell (United Kingdom). Additionally, other players that are part of this comprehensive study are The Chemours Company (United States).
Geographic Breakdown and Segment Analysis
The Global Bio-Based and Synthetic Dimethyl Ether market presents a comprehensive analysis of the Bio-Based and Synthetic Dimethyl Ether market by end-user/application (Aerosol Propellant, Transportation, Cooking and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Bio-Based and Synthetic Dimethyl Ether industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Bio-Based and Synthetic Dimethyl Ether market
Analyst at AMA have segmented the market study of Global Bio-Based and Synthetic Dimethyl Ether market by Type, Application and Region.
Influencing Trend:
Rapid Adoption of Renewable Energy Resources and Innovation of Light Fuel Cells for Bio-Based and Synthetic Dimethyl Ether Storage
Market Growth Drivers:
Rising Demand in Alternative Fuel for Transportation and Surge in Demand in Cost Efficient Energy Sources
Challenges:
Lack of Standardization Associated with Bio-Based and Synthetic Dimethyl Ether, Lack of Proper Transportation Sources for Bio-Based and Synthetic Dimethyl Ether, Strict Government Regulations Associated with Bio-Based and Synthetic Dimethyl Ether and Lack Of Large Volume Systems to Store Bio-Based and Synthetic Dimethyl Ether
Restraints:
Dangerous Fire and Explosion Hazards Associated with Bio-Based and Synthetic Dimethyl Ether
Opportunities:
Growth in Chemical Engineering and Infrastructure, Continuous Growth in Transportation over the World and Widespread Acceptance of Renewable Energy Sources
On 28 April 2022, Oberon Fuels announced commercial availability of a blend of propane and Oberon’s renewable DME (dimethyl ether). This blend replaces some of propane’s fossil-derived fuel with a renewable one, enabling up to a 60% reduction in carbon emissions for this popular fuel used in vehicles, forklifts, farm equipment, backyard grills and outdoor heaters.
The market for Bio-Based and Synthetic Dimethyl Ether is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Key Target Audience
Bio-Based and Synthetic Dimethyl Ether, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others