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A prominent factor facilitating the commercialization of bio-based and synthetic dimethyl ether market is the increasing proliferation of the product as an alternative transportation fuel. With the growing concerns over energy security, environmental pollution, and future oil supplies, the global population is seeking for non-petroleum-based alternative fuels that would optimize the energy consumption. Owing to its ability to considerably reduce SOx, C0x, and other particulate matter emissions, the potential impact of DME as an alternative high-efficiency ignition fuel is huge compared to other fuel counterparts.Browse key industry insights spread across 225 pages with 226 market data tables & 18 figures & charts from the report, “Bio-based and Synthetic Dimethyl Ether Market" in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/dimethyl-ether-dme-market
The rising need to use a cleaner energy generation source will be the major factor, which will drive the overall bio-based and synthetic dimethyl ether market during the forecast period. Dimethyl ether is blended with LPG to be used for domestic cooking and heating owing to reduced emissions and economic benefits. Rising ecological concerns and the need to replace the conventional LPG by blending LPG with DME are likely to make significant contributions toward dimethyl ether market over the projected time span.
Aerosol propellants is a niche application domain contributing significantly toward the global bio-based and synthetic dimethyl ether market share. The relatively low cost, low toxicity, high efficiency, and extensive boiling point and vapor pressure range of DME allows the products’ widespread adoption in aerosol propellants that are deployed across a plethora of end-user industries such as cosmetics, pharmaceuticals, paints & coatings, etc.
In the cosmetic industry, DME as an aerosol propellant finds usage in fragrances, hair sprays, and other similar products. Using dimethyl ether as an aerosol propellant has significant benefits – it provides purity & stability, costs relatively low, has low odor, low toxicity, reduced flammability, and has a wide vapor pressures range. Driven by the fact that it is environmentally friendly, bio-based and synthetic dimethyl ether market share from aerosol propellants is anticipated to increase considerably in the years ahead.
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This product is gradually gaining momentum in the bio-based and synthetic dimethyl ether market owing to its rising applications as domestic fuel used for heating & cooking. It has been encouraged by regional regulatory bodies as it is a greener source of energy generation, which will help in reducing soot, particulate matter and other pollutants in the environment to restore and maintain environmental stability in the longer run. The product has widespread industrial applications in the pharmaceutical market, home care, etc., which will help in attaining promising gains for DME market during the forecast period. Prominently growing pharmaceutical industry in Asia Pacific is likely to fuel the product demand over the forecast timespan.
Bio-based and synthetic dimethyl ether is a fuel with minimum lubrication property. Due to this, traditional injection systems and fuel delivery cannot be used in conjunction with it. Though this compatibility issue is acting as a major hindrance to growth trajectory of the market, however, oscillating crude oil price trends which is pushing the consumers to opt for a substitute, is providing lucrative business opportunities for bio-based and synthetic dimethyl ether market. Some of the prominent industry players include Akzo Nobel NV., China Energy Ltd, Korea Gas Corporation, Mitsubishi Corporation, and Royal Dutch Shell PLC.
Major Point From Table Of Content:
Chapter 4. Dimethyl Ether Market, Raw Material By Application
4.1. Dimethyl ether market raw material insights
4.2. Fossil fuel based
4.2.1. Global fossil fuel based dimethyl ether market estimates and forecast, 2014 - 2025
4.2.2. Global fossil fuel based dimethyl ether market estimates and forecast by application, 2014 - 2025
· LPG blending
· Aerosol propellants
· Transportation fuel
· Industrial
· Others (Power generation, Chemicals, etc.)
4.2.3. Global fossil fuel based dimethyl ether market estimates and forecast by region, 2014 - 2025
4.3. Bio based
4.3.1. Global bio based dimethyl ether market estimates and forecast, 2014 - 2025
4.3.2. Global bio based dimethyl ether market estimates and forecast by application, 2014 - 2025
· LPG blending
· Aerosol propellants
· Transportation fuel
· Industrial
· Others (Power generation, Chemicals, etc.)
4.3.3. Global bio based dimethyl ether market estimates and forecast by region, 2014 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/dimethyl-ether-dme-market
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