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

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The Asia Pacific dimethyl ether market was valued at US$ 999.73 million in 2022 and is expected to reach US$ 2,288.16 million by 2030; it is estimated to grow at a CAGR of 10.9% from 2022 to 2030 .

Growing Demand for Clean Transportation Fuel Fueling the Asia Pacific Dimethyl Ether Market

The increasing demand for clean and sustainable transportation fuels presents a significant opportunity for the dimethyl ether market. As governments, industries, and consumers worldwide increasingly prioritize environmental sustainability and seek alternatives to conventional fossil fuels, DME emerges as a promising candidate due to its unique properties and compatibility with clean transportation needs. One of the key drivers behind the demand for clean transportation fuels is the urgent requirement to lessen greenhouse gas emissions and air pollutants. Conventional diesel fuels contribute to air pollution and are a considerable source of carbon dioxide emissions. DME, on the other hand, offers several environmental advantages. It produces lower particulate matter emissions, sulfur dioxide, and nitrogen oxides than traditional diesel. Moreover, DME combustion generates fewer greenhouse gases, contributing to cleaner air quality and a more sustainable future. Governments are implementing stricter regulations to curb vehicle emissions, providing a favorable environment for the adoption of cleaner fuels. As DME can be easily integrated into existing diesel engines with minimal modifications, it provides an attractive solution for industries seeking immediate emissions reduction with extensive infrastructural changes. Furthermore, the unique combustion characteristics of DME, such as its high cetane number and lack of soot formation, make it an excellent fuel for compression ignition engines. This positions DME as a viable alternative to diesel in heavy-duty transportation applications, including trucks, buses, and even marine vessels. The compatibility of DME with existing engine technology reduces the transition barriers for industries looking to switch to cleaner fuels. The demand for clean transportation fuels is rising in the Asia Pacific region strongly committed to sustainable transportation. DME's advantages in terms of lower emissions, reduced reliance on petroleum-derived fuels, and compatibility with current infrastructure align with these objectives. As a result, the Asia Pacific dimethyl ether market is poised to capitalize on this demand growth, positioning itself as a cleaner, more sustainable transportation fuel. By addressing the environmental challenges associated with traditional fuels, DME can play a pivotal role in shaping a greener and more sustainable transportation sector globally.

Asia Pacific Dimethyl Ether Market Overview

DME has gained popularity as a transportation fuel, substituting traditional fuel in several countries in Asia Pacific, particularly China. China's policies and regulations have a significant global impact, as it is a global energy consumer and carbon emitter. China's emissions reduction pace will be crucial to limit global warming to 1.5°C globally. In 2020, the Chinese government updated the China IV regulations and strengthened the nonroad tailpipe emissions standards. The prevalence of the transportation and chemicals sector in Asia Pacific has prompted the DME producers to expand regional production facilities. In 2020, Pertamina planned to invest US$ 2.5 billion in the development of four DME production facilities in Indonesia. The expansion of DME production is a result of increasing LPG consumption in Indonesia over the past five years and a reduction of the country's LPG dependency. The rising utilization of palm residues to produce DME can help Indonesia achieve its General National Energy Plan target of 23% renewable energy by 2025. China, India, and Japan are the largest consumers of DME in the region, owing to the increasing utilization of DME in LPG blending, chemical feedstock, and aerosol propellant. Further, the rising utilization of DME for LPG substitution and feedstock in the chemical industry is anticipated to boost the Asia Pacific dimethyl ether market growth.

Asia Pacific Dimethyl Ether Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Dimethyl Ether Market Segmentation

The Asia Pacific dimethyl ether market is segmented based on application and country.

Based on application, the Asia Pacific 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 Asia Pacific dimethyl ether market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific dimethyl ether market share in 2022.

Nouryon Chemicals Holding BV, Shell Plc, Mitsubishi Gas Chemical Co Inc, The Chemours Co, Grillo-Werke AG, Jiangsu July Chemical Co Ltd, Sichuan Lutianhua Co Ltd, and Merck KGaA are some of the leading players operating in the Asia Pacific dimethyl ether market.

Product Code: BMIRE00029444

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. Asia Pacific Dimethyl Ether Market Landscape

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

5. Asia Pacific 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 - Asia Pacific Market Analysis

6.1 Asia Pacific Dimethyl Ether Market Volume (Tons)
6.2 Asia Pacific Dimethyl Ether Market Revenue (US$ Million)
6.3 Asia Pacific Dimethyl Ether Market Forecast and Analysis

7. Asia Pacific 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. Asia Pacific Dimethyl Ether Market - Country Analysis

8.1 Asia Pacific
- 8.1.1 Asia Pacific Dimethyl Ether Market Overview
- 8.1.2 Asia Pacific Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
  - 8.1.2.1 Asia Pacific Dimethyl Ether Market Breakdown by Country
  - 8.1.2.2 Australia Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.3 Australia Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.3.1 Australia Dimethyl Ether Market Breakdown by Application
    - 8.1.2.3.2 Australia Dimethyl Ether Market Breakdown by Application
  - 8.1.2.4 China Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.5 China Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.5.1 China Dimethyl Ether Market Breakdown by Application
    - 8.1.2.5.2 China Dimethyl Ether Market Breakdown by Application
  - 8.1.2.6 India Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.7 India Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.7.1 India Dimethyl Ether Market Breakdown by Application
    - 8.1.2.7.2 India Dimethyl Ether Market Breakdown by Application
  - 8.1.2.8 Japan Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.9 Japan Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.9.1 Japan Dimethyl Ether Market Breakdown by Application
    - 8.1.2.9.2 Japan Dimethyl Ether Market Breakdown by Application
  - 8.1.2.10 South Korea Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.11 South Korea Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.11.1 South Korea Dimethyl Ether Market Breakdown by Application
    - 8.1.2.11.2 South Korea Dimethyl Ether Market Breakdown by Application
  - 8.1.2.12 Rest of Asia Pacific Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
  - 8.1.2.13 Rest of Asia Pacific Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
    - 8.1.2.13.1 Rest of Asia Pacific Dimethyl Ether Market Breakdown by Application
    - 8.1.2.13.2 Rest of Asia Pacific 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 Jiangsu July Chemical Co Ltd
- 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
11.7 Sichuan Lutianhua Co Ltd
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Grillo-Werke AG
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix