Wide Acceptance of Dme-Blended Lpg to Increase Demand for Dimethyl Ether

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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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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 these countries, China accounts for 80% of...