Middle East & Africa Dimethyl Ether Market Forecast to 2030 - Regional Analysis - by Application (Aerosol Propellants, LPG Blending, Transportation Fuel, Power Generation Fuel, Chemical Feedstock, and Others)

Description

List of Tables

The Middle East & Africa dimethyl ether market was valued at US$ 428.23 million in 2022 and is expected to reach US$ 782.31 million by 2030; it is estimated to grow at a CAGR of 7.8% from 2022 to 2030 .

Rising Adoption of Renewable Dimethyl Ether Fuels the Middle East & Africa Dimethyl Ether Market

The rising adoption of renewable dimethyl ether (rDME) is positively influencing the growth of the Middle East & Africa dimethyl ether market. As global concerns regarding climate change and environmental sustainability increase, industries and consumers seek cleaner and more sustainable energy sources. Renewable dimethyl ether, produced from renewable sources and waste feedstocks, aligns well with these aspirations and offers a compelling solution to reduce greenhouse gas emissions and dependence on fossil fuels. Renewable dimethyl ether has significant potential for lowering carbon emissions than conventional fossil fuels. rDME is produced from feedstocks such as biomass, agricultural residues, and waste materials, which are considered carbon-neutral or have a lower carbon footprint. Unlike traditional DME derived from fossil fuels, rDME cannot contribute to the net increase of carbon dioxide in the atmosphere when consumed as fuel. The transportation sector is a notable beneficiary of the rising adoption of rDME. Diesel engines can use rDME as a drop-in replacement for diesel fuel, requiring no modifications to existing infrastructure or engines. This ease of integration and the potential for immediate emission reductions make rDME an attractive option for reducing the carbon footprint of heavy-duty vehicles, trucks, and buses. Countries with ambitious emission reduction targets are particularly motivated to adopt rDME to achieve their sustainability goals.

rDME combustion generates fewer pollutants and particulate matter than conventional diesel, improving air quality in urban areas. As cities strive to combat air pollution and enhance public health, rDME is a valuable alternative fuel. The global push for energy security and reduced reliance on fossil fuels also drives the adoption of rDME. As rDME can be produced locally from diverse feedstocks, it offers a degree of energy independence and resilience against supply disruption that can occur with traditional fuels subject to geopolitical factors. Government strategies to promote renewable energy and reduce emissions further accelerate the adoption of rDME. Financial incentives, grants, and mandates for incorporating renewable fuels into transportation fleets encourage industries to invest in rDME production and utilization. In addition, manufacturers are also incorporating different strategies with the rising adoption of renewable dimethyl ether. Thus, all the aforementioned factors are expected to drive the Middle East & Africa dimethyl ether market growth during the forecast period.

Middle East & Africa Dimethyl Ether Market Overview

Several economies in the Middle East & Africa are reducing dependence on fossil fuels by diversifying their energy sources. As per the International Trade Administration, in 2022, Saudi Arabia planned to expand the capacity of its power sector (electricity generation, transmission, distribution, and smart grid) due to rising demand from residential and commercial consumers. Developed economies in the Middle East & Africa, namely Saudi Arabia aimed to replace fossil fuel used to produce 42% of the country's 110-gigawatt daily electricity needs in 2022, with a combination of 50% natural gas and 50% renewable energy by 2030. The government focus of replacement of traditional fuel sources with alternative sources can offer potential opportunities in the DME market. The Saudi Arabian Ministry of Energy's spending on power and renewable energy projects is anticipated to reach US$ 293 billion by 2030. In 2021, the government of Saudi Arabia announced the country's plan to spend US$ 38 billion on energy distribution by 2030. Due to ease of storage, transportation, and clean combustion characteristics, DME is a viable option for power generation in remote or off-grid locations. The utilization of emerging coal technologies, such as DME production, is gaining popularity in South Africa for utilization as alternative fuel. Therefore, rising renewable source-fueled power generation in the region is expected to boost the demand for DME.

Middle East & Africa Dimethyl Ether Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Dimethyl Ether Market Segmentation

The Middle East & Africa dimethyl ether market is segmented based on application and country.

Based on application, the Middle East & Africa dimethyl ether market is segmented into aerosol propellants, LPG blending, transportation fuel, power generation fuel, chemical feedstock, and others. The LPG blending segment held the largest market share in 2022.

Based on country, the Middle East & Africa dimethyl ether market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa dimethyl ether market share in 2022.

Nouryon Chemicals Holding BV, Shell Plc, Mitsubishi Gas Chemical Co Inc, The Chemours Co, Grillo-Werke AG, and Merck KGaA are some of the leading players operating in the Middle East & Africa dimethyl ether market.

Product Code: BMIRE00029453

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness
- 2.2.1 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Dimethyl Ether Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis

5. Middle East & Africa Dimethyl Ether Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Use of Dimethyl Ether in LPG Blending
- 5.1.2 Flourishment of Aerosol Propellant Manufacturing Industry
5.2 Market Restraints
- 5.2.1 Availability of Substitute Products
5.3 Market Opportunities
- 5.3.1 Growing Demand for Clean Transportation Fuel
5.4 Future Trends
- 5.4.1 Rising Adoption of Renewable Dimethyl Ether
5.5 Impact Analysis

6. Dimethyl Ether Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Dimethyl Ether Market Volume (Tons)
6.2 Middle East & Africa Dimethyl Ether Market Revenue (US$ Million)
6.3 Middle East & Africa Dimethyl Ether Market Forecast and Analysis

7. Middle East & Africa Dimethyl Ether Market Analysis - Application

7.1 Aerosol Propellants
- 7.1.1 Overview
- 7.1.2 Aerosol Propellants Market Revenue, and Forecast to 2030 (US$ Million)
- 7.1.3 Aerosol Propellants Market Revenue, and Forecast to 2030 (Tons)
7.2 LPG Blending
- 7.2.1 Overview
- 7.2.2 LPG Blending Market Revenue and Forecast to 2030 (US$ Million)
- 7.2.3 LPG Blending Market Revenue, and Forecast to 2030 (Tons)
7.3 Transportation Fuel
- 7.3.1 Overview
- 7.3.2 Transportation Fuel Market Revenue and Forecast to 2030 (US$ Million)
- 7.3.3 Transportation Fuel Market Revenue, and Forecast to 2030 (Tons)
7.4 Power Generation Fuel
- 7.4.1 Overview
- 7.4.2 Power Generation Fuel Market Revenue and Forecast to 2030 (US$ Million)
- 7.4.3 Power Generation Fuel Market Revenue, and Forecast to 2030 (Tons)
7.5 Chemical Feedstock
- 7.5.1 Overview
- 7.5.2 Chemical Feedstock Market Revenue and Forecast to 2030 (US$ Million)
- 7.5.3 Chemical Feedstock Market Revenue, and Forecast to 2030 (Tons)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
- 7.6.3 Others Market Revenue, and Forecast to 2030 (Tons)

8. Middle East & Africa Dimethyl Ether Market - Country Analysis

8.1 Middle East & Africa
- 8.1.1 Middle East & Africa Dimethyl Ether Market Overview
- 8.1.2 Middle East & Africa Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
  - 8.1.2.1 Middle East & Africa Dimethyl Ether Market Breakdown by Country
  - 8.1.2.2 South Africa Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.3 South Africa Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.3.1 South Africa Dimethyl Ether Market Breakdown by Application
    - 8.1.2.3.2 South Africa Dimethyl Ether Market Breakdown by Application
  - 8.1.2.4 Saudi Arabia Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.5 Saudi Arabia Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.5.1 Saudi Arabia Dimethyl Ether Market Breakdown by Application
    - 8.1.2.5.2 Saudi Arabia Dimethyl Ether Market Breakdown by Application
  - 8.1.2.6 UAE Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.7 UAE Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.7.1 UAE Dimethyl Ether Market Breakdown by Application
    - 8.1.2.7.2 UAE Dimethyl Ether Market Breakdown by Application
  - 8.1.2.8 Rest of MEA Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.9 Rest of MEA Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.9.1 Rest of MEA Dimethyl Ether Market Breakdown by Application
    - 8.1.2.9.2 Rest of MEA Dimethyl Ether Market Breakdown by Application

9. Competitive Landscape

9.1 Heat Map Analysis by Key Players
9.2 Company Positioning & Concentration

10. Industry Landscape

10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition

11. Company Profiles

11.1 Nouryon Chemicals Holding BV
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Shell Plc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Mitsubishi Gas Chemical Co Inc
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 The Chemours Co
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 Key Developments
11.5 Merck KGaA
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Grillo-Werke AG
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments

12. Appendix