Dimethyl Ether Companies
Dimethyl ether (DME) is used as a clean and efficient alternative fuel and in aerosol propellants. They are involved in the production and distribution of DME for diverse applications.
Dimethyl ether (DME) is used as a clean and efficient alternative fuel and in aerosol propellants. They are involved in the production and distribution of DME for diverse applications.
June 2023
At its Maverick Innovation Centre in Brawley, California, the U.S. Department of Energy is supporting a demonstration of Sunvapor's solar steam and thermal battery technology to further reduce the Carbon Intensity (CI) of the renewable dimethyl ether (DME) generated by Oberon Fuels.
More than 450 businesses utilize Oberon's rDME fuel, which is made from renewable resources, to cut emissions from propane-powered vehicles like forklifts and trucks. The typical fossil propane is blended with the low-carbon fuel, which is then without change stored, distributed, and used in propane engines and equipment.
Utilizing solar energy, Sunvapor's solar thermal platform generates steam at the high temperature and pressure necessary for the Oberon process. The incorporation of a unique solar thermal battery for this demonstration dubbed a Bullet Steam AccumulatorTM or BSATM, which will allow Oberon to continue operating its process long after the sun has set, is more significant.
By promoting low-carbon or carbon-negative fuels generated from renewable resources or industrial byproducts, California-based Oberon Fuels hopes to decarbonize the energy and fuel industries.
April 2023
Together, Oberon Fuels, a producer of renewable dimethyl ether (rDME), and DCC Energy, the parent company of DCC Propane, are creating, constructing, and operating a number of rDME production facilities around Europe.
DCC will operate as an offtake partner by purchasing Oberon's rDME, and Oberon will construct and manage the rDME production facilities. DCC will provide rDME to customers to help with decarbonization.
Applications in existing homes, businesses, and industries can employ DME combined with liquid petroleum gas (LPG). Pure DME can be used as an energy source for current applications after modifications are made to the infrastructure.
Key Companies in the Dimethyl Ether market include
The Dimethyl Ether Market Size was valued at USD 5.05 Billion in 2022. The Dimethyl Ether industry is projected to grow from USD 6.02 Billion in 2023 to USD 12.83 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.35% during the forecast period (2023 - 2030). Methoxymethane is another term for dimethyl ether, sometimes referred to as DME. This gas has no flavor or color. The gas has a low boiling point and is produced from a variety of basic sources, including coal, biomass, methanol, and natural gas. Researchers from the Indian Oil Corporation (IOC R&D), Indian Institute of Technology (IIT) Delhi, and Ashok Leyland Ltd. have created a system that enables a diesel-powered automobile vehicle to function in flex-fuel mode, that is, either 100% diesel or Dimethyl Ether (DME) + Diesel mode. The initiative was funded by the Department of Science and Technology (DST), Government of India.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The majority of industrialized and emerging nations have enacted stringent laws prohibiting high-emission fuels in the car industry. The creation of fuels other than standard fuels is a result of the ever-growing environmental concern. Dimethyl ether demand is anticipated to rise in the automotive sector due to its possible usage as a propane substitute in liquid petroleum gas (LPG), a fuel used in both the automotive and home sectors. Throughout the projection period, dimethyl ether will also be used more often in gas turbines and as a fuel for diesel engines.
The market segmentation, based on Raw Materials, includes Natural Gas, Coal, Biomass, and Others. The Natural Gas segment may dominate the market. Natural gas is an abundant and relatively low-cost feedstock for DME production, making it an attractive option for many producers. In addition, the use of natural gas as a feedstock for DME production can help to reduce greenhouse gas emissions, as DME is a cleaner-burning fuel compared to traditional fossil fuels.
Based on Application, the global market segmentation includes Transportation Fuel, Aerosol Propellant, LPG Blending, and Others. The LPG Blending segment may dominate the market. LPG is a mixture of propane and butane, and it can be easily blended with DME to create a higher-quality, cleaner-burning fuel. LPG blending can also help to increase the overall energy density of the fuel, making it more efficient. In addition, blending DME with LPG can provide economic benefits for producers, as it can help to increase the overall value of the LPG and improve the profitability of the blending process.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region dominates the DME market due to the high availability of raw materials used in manufacturing, which is primarily due to the increased use of DME in various applications such as LPG blending, aerosol propellant, transportation fuel, and other applications within the region. North America, on the other hand, will continue to demonstrate profitable development over the projected period due to its uses in LPG blending, which results in reduced soot and NOx emissions in the environment.
Figure 3: DIMETHYL ETHER MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Dimethyl Ether industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Dimethyl Ether industry to benefit customers and expand the market sector. Major market players, including Jiutai Energy Group, Mitsubishi Corporation, Royal Dutch Shell, Nouryon, Air Products, and Chemicals Inc, and others, are attempting to increase market demand by funding R&D initiatives.
Mitsubishi Corporation is a Japanese multinational corporation that operates across a wide range of industries, including energy, metals, machinery, chemicals, and living essentials. The company was founded in 1950 and is headquartered in Tokyo, Japan. Mitsubishi Corporation has a global network of over 200 offices and subsidiaries in more than 90 countries. The company's business operations are organized into three main groups: Global Environmental & Infrastructure Business Group, Industrial Finance, Logistics & Development Group, and Energy Business Group.
Royal Dutch Shell, commonly known as Shell, is a British-Dutch multinational oil and gas company. The company is organized into four main business segments: Upstream, Downstream, Integrated Gas, and New Energies. The Upstream segment is involved in exploration and production activities, including conventional and unconventional oil and gas resources. The Downstream segment includes activities such as refining, marketing, and trading of oil and gas products, as well as the manufacture and marketing of chemicals. The Integrated Gas segment is involved in the production and marketing of liquefied natural gas (LNG) and other gas-related activities. The New Energies segment is focused on developing and investing in low-carbon energy sources, such as wind and solar power.
January 2022: Air Products and Chemicals Inc with Indonesian coal miner Bukit Asam and energy company Pertamina, started constructing a new plant that converts coal into dimethyl ether (DME) with an investment of USD 2.3 billion.
January 2021: Mitsubishi Corporation announced that Caribbean Gas Chemical Limited (CGCL), a joint venture between Mitsubishi group companies including Mitsubishi Gas Chemical Company (MGC), Mitsubishi Corporation (MC), and Mitsubishi Heavy Industries Engineering (MHIENG), and the National Gas Company of Trinidad, started commercial production of dimethyl ether (DME) from December 2020 with an annual production capacity of 20 kilotons of DME.
Dimethyl Ether Market Highlights:
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