Wide Acceptance of DME-blended LPG to Increase Demand for Dimethyl Ether

Wide Acceptance of DME-blended LPG to Increase Demand for Dimethyl Ether

  • Submitted By: MOHITTMR
  • Date Submitted: 07/13/2016 11:31 PM
  • Category: Business
  • Words: 1917
  • Page: 8

Transparency Market
Research
Dimethyl Ether Market - Global & China Industry
Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020

Published Date
27-March-2015

91 Page Report

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Press Release

Wide Acceptance of DME-blended LPG to Increase Demand
for Dimethyl Ether : TMR
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Dimethyl Ether Market

REPORT DESCRIPTION
Dimethyl Ether Market - Global & China Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020
The global dimethyl ether (DME) market is moderately consolidated with a few large players holding a
significant market share. A number of key companies operating in the DME market are based in China and
these companies collectively account for a massive 85% of the global market, Transparency Market Research
says in a new study. Some of these companies are Jiutai Energy Group, Shenhua Ningxia Coal Industry Group
Co. Ltd., and China Energy Ltd. These Chinese companies have low operational costs and high installed
capacities, which gives them a massive competitive edge.
Small players pose a negligible threat to the established players. This is because established players have
achieved economies of scale and are able to produce DME at low cost. The competition has increased among
manufacturers owing to the shutdown by the government on the illegal blending of DME in domestic LPG in
China. The degree of competition is likely to be high in the next five years, observes TMR.
Browse The Full Research Report : http://www.transparencymarketresearch.com/dimethyl-ethermarket.html
High Demand from Asia Pacific Drives Demand for DME-blended LPG
The demand for dimethyl ether-blended LPG is extremely high, especially in Asia Pacific and more specifically
from countries such as China, Indonesia, and Japan. Among...

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