MARKET OVERVIEW
Bio-based and Synthetic Dimethyl Ether (DME) is a colorless, odorless, and non-toxic gas that can be used as a clean-burning alternative fuel for various applications such as transportation, heating, and power generation. Bio-based DME is produced through the fermentation of biomass, while synthetic DME is produced through the gasification of fossil fuels. Bio-based DME is derived from renewable resources such as biomass, while synthetic DME is obtained from fossil fuels. The increasing demand for cleaner and more sustainable energy sources is driving the growth of the bio-based and synthetic DME market. In addition, the growing use of DME as a transportation fuel is expected to further drive market growth in the future.
MARKET DYNAMICS
The rising demand for greener fuels has been propelling the product demand for LPG blending. Besides, the product is extensively used as an aerosol propellant for wart removal in pharmaceuticals, as a hair spray in personal care and as an air freshener in homecare. DME is a fuel with no lubricity; hence conventional systems of fuel delivery and fuel injection are not compatible with it. This factor is likely to hamper the Bio-based and Synthetic Dimethyl Ether Market growth. Diesel engines require a fuel-tolerant injection system to operate on the product. These needs for a sustainable fuel substitute and increasing R&D initiatives for developing DME compatible engines is expected to deliver significant growth opportunity to the key players in the bio-based and synthetic dimethyl ether market.
MARKET SCOPE
The "Global Bio-based and Synthetic Dimethyl Ether Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Bio-based and Synthetic Dimethyl Ether Market with detailed market segmentation by raw material, application, and geography. The global Bio-based and Synthetic Dimethyl Ether Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Bio-based and Synthetic Dimethyl Ether Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Bio-based and Synthetic Dimethyl Ether Market is segmented based on raw material and application. Based on raw material, the Bio-based and Synthetic Dimethyl Ether Market is segmented into fossil-fuel based and bio-based. Based on application, the Bio-based and Synthetic Dimethyl Ether Market is segmented into LPG blending, aerosol propellants, transportation fuel, industrial, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Bio-based and Synthetic Dimethyl Ether Market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Bio-based and Synthetic Dimethyl Ether market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the Bio-based and Synthetic Dimethyl Ether Market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Bio-based and Synthetic Dimethyl Ether in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Bio-based and Synthetic Dimethyl Ether Market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Bio-based and Synthetic Dimethyl Ether market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the Bio-based and Synthetic Dimethyl Ether Market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Bio-based and Synthetic Dimethyl Ether in these regions.
MARKET PLAYERS
The reports cover key developments in the Bio-based and Synthetic Dimethyl Ether Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market players from Bio-based and Synthetic Dimethyl Ether Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Bio-based and Synthetic Dimethyl Ether in the global market. Below mentioned is the list of a few companies engaged in the bio-based and Synthetic Dimethyl Ether Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Bio-based and Synthetic Dimethyl Ether market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Akzo Nobel N.V.
- China Energy
- Ferrostaal GmbH
- Grillo-Werke AG
- JOVO Group
- Korea Gas Corporation
- Mitsubishi Corporation
- Oberon Fuels
- Royal Dutch Shell
- The Chemours Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
- Bio-based and Synthetic Dimethyl Ether (DME) Market - By Raw Material
- Bio-based and Synthetic Dimethyl Ether (DME) Market - By Application
- Bio-based and Synthetic Dimethyl Ether (DME) Market - By Region
- By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET - KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET - GLOBAL MARKET ANALYSIS
6.1. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) - GLOBAL MARKET OVERVIEW
6.2. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
7. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. FOSSIL FUEL BASED
7.3.1. Overview
7.3.2. Fossil Fuel Based Market Forecast and Analysis
7.4. BIO-BASED
7.4.1. Overview
7.4.2. Bio-based Market Forecast and Analysis
8. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LPG BLENDING
8.3.1. Overview
8.3.2. LPG Blending Market Forecast and Analysis
8.4. AEROSOL PROPELLANTS
8.4.1. Overview
8.4.2. Aerosol Propellants Market Forecast and Analysis
8.5. TRANSPORTATION FUEL
8.5.1. Overview
8.5.2. Transportation Fuel Market Forecast and Analysis
8.6. INDUSTRIAL
8.6.1. Overview
8.6.2. Industrial Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Other Market Forecast and Analysis
9. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. North America Bio-based and Synthetic Dimethyl Ether (DME) Market Overview
9.1.2. North America Bio-based and Synthetic Dimethyl Ether (DME) Market Forecasts and Analysis
9.1.3. North America Market Forecasts and Analysis - By Raw Material
9.1.4. North America Market Forecasts and Analysis - By Application
9.1.5. North America Market Forecasts and Analysis - By Countries
9.1.5.1. US market
9.1.5.1.1. US Market by Raw Material
9.1.5.1.2. US Market by Application
9.1.5.2. Canada market
9.1.5.2.1. Canada Market by Raw Material
9.1.5.2.2. Canada Market by Application
9.1.5.3. Mexico market
9.1.5.3.1. Mexico Market by Raw Material
9.1.5.3.2. Mexico Market by Application
9.2. EUROPE
9.2.1. Europe Bio-based and Synthetic Dimethyl Ether (DME) Market Overview
9.2.2. Europe Bio-based and Synthetic Dimethyl Ether (DME) Market Forecasts and Analysis
9.2.3. Europe Market Forecasts and Analysis - By Raw Material
9.2.4. Europe Market Forecasts and Analysis - By Application
9.2.5. Europe Market Forecasts and Analysis - By Countries
9.2.5.1. France market
9.2.5.1.1. France Market by Raw Material
9.2.5.1.2. France Market by Application
9.2.5.2. Germany market
9.2.5.2.1. Germany Market by Raw Material
9.2.5.2.2. Germany Market by Application
9.2.5.3. Italy market
9.2.5.3.1. Italy Market by Raw Material
9.2.5.3.2. Italy Market by Application
9.2.5.4. Russia market
9.2.5.4.1. Russia Market by Raw Material
9.2.5.4.2. Russia Market by Application
9.2.5.5. UK market
9.2.5.5.1. UK Market by Raw Material
9.2.5.5.2. UK Market by Application
9.2.5.6. Rest of Europe market
9.2.5.6.1. Rest of Europe Market by Raw Material
9.2.5.6.2. Rest of Europe Market by Application
9.3. ASIA PACIFIC (APAC)
9.3.1. Asia Pacific Bio-based and Synthetic Dimethyl Ether (DME) Market Overview
9.3.2. Asia Pacific Bio-based and Synthetic Dimethyl Ether (DME) Market Forecasts and Analysis
9.3.3. Asia Pacific Market Forecasts and Analysis - By Raw Material
9.3.4. Asia Pacific Market Forecasts and Analysis - By Application
9.3.5. Asia Pacific Market Forecasts and Analysis - By Countries
9.3.5.1. South Korea
9.3.5.1.1. South Korea Market by Raw Material
9.3.5.1.2. South Korea Market by Application
9.3.5.2. China market
9.3.5.2.1. China Market by Raw Material
9.3.5.2.2. China Market by Application
9.3.5.3. India market
9.3.5.3.1. India Market by Raw Material
9.3.5.3.2. India Market by Application
9.3.5.4. Japan market
9.3.5.4.1. Japan Market by Raw Material
9.3.5.4.2. Japan Market by Application
9.3.5.5. Australia market
9.3.5.5.1. Australia Market by Raw Material
9.3.5.5.2. Australia Market by Application
9.3.5.6. Rest of APAC market
9.3.5.6.1. Rest of APAC Market by Raw Material
9.3.5.6.2. Rest of APAC Market by Application
9.4. MIDDLE EAST AND AFRICA (MEA)
9.4.1. Middle East and Africa Bio-based and Synthetic Dimethyl Ether (DME) Market Overview
9.4.2. Middle East and Africa Bio-based and Synthetic Dimethyl Ether (DME) Market Forecasts and Analysis
9.4.3. Middle East and Africa Market Forecasts and Analysis - By Raw Material
9.4.4. Middle East and Africa Market Forecasts and Analysis - By Application
9.4.5. Middle East and Africa Market Forecasts and Analysis - By Countries
9.4.5.1. South Africa market
9.4.5.1.1. South Africa Market by Raw Material
9.4.5.1.2. South Africa Market by Application
9.4.5.2. Saudi Arabia market
9.4.5.2.1. Saudi Arabia Market by Raw Material
9.4.5.2.2. Saudi Arabia Market by Application
9.4.5.3. UAE market
9.4.5.3.1. UAE Market by Raw Material
9.4.5.3.2. UAE Market by Application
9.4.5.4. Rest of MEA market
9.4.5.4.1. Rest of MEA Market by Raw Material
9.4.5.4.2. Rest of MEA Market by Application
9.5. SOUTH AMERICA (SAM)
9.5.1. South America Bio-based and Synthetic Dimethyl Ether (DME) Market Overview
9.5.2. South America Bio-based and Synthetic Dimethyl Ether (DME) Market Forecasts and Analysis
9.5.3. South America Market Forecasts and Analysis - By Raw Material
9.5.4. South America Market Forecasts and Analysis - By Application
9.5.5. South America Market Forecasts and Analysis - By Countries
9.5.5.1. Brazil market
9.5.5.1.1. Brazil Market by Raw Material
9.5.5.1.2. Brazil Market by Application
9.5.5.2. Argentina market
9.5.5.2.1. Argentina Market by Raw Material
9.5.5.2.2. Argentina Market by Application
9.5.5.3. Rest of SAM market
9.5.5.3.1. Rest of SAM Market by Raw Material
9.5.5.3.2. Rest of SAM Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS & ACQUISITIONS
10.2. MARKET INITIATIVES
10.3. NEW DEVELOPMENTS
11. BIO-BASED AND SYNTHETIC DIMETHYL ETHER (DME) MARKET, KEY COMPANY PROFILES
11.1. AKZO NOBEL N.V.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products & Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHINA ENERGY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products & Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FERROSTAAL GMBH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products & Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GRILLO-WERKE AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products & Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JOVO GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products & Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KOREA GAS CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products & Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MITSUBISHI CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products & Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OBERON FUELS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products & Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ROYAL DUTCH SHELL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products & Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE CHEMOURS COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products & Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
NOTE:
- This ToC is tentative in nature and is subject to further refinement during the course of the research study
- The list of company profiles included in this ToC is tentative. Profiles of specific players, if required, shall be added to the report upon request.
The List of Companies
- Akzo Nobel N.V.
- China Energy
- Ferrostaal GmbH
- Grillo-Werke AG
- JOVO Group
- Korea Gas Corporation
- Mitsubishi Corporation
- Oberon Fuels
- Royal Dutch Shell
- The Chemours Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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