North America Dimethyl Ether Market Forecast to 2030

North America Dimethyl Ether Market Forecast to 2030

North America 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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Description

The North America dimethyl ether market was valued at US$ 2,154.47 million in 2022 and is expected to reach US$ 4,442.14 million by 2030; it is estimated to grow at a CAGR of 9.5% from 2022 to 2030.

Growing Use of Dimethyl Ether in LPG Blending fuel the North America Dimethyl Ether Market

In recent years, the demand for dimethyl ether (DME) as a blending component with liquified petroleum gas (LPG) has increased for several reasons. This trend is driven by the desire to enhance the properties of LPG, making it a more efficient and environmentally friendly fuel option. Blending DME with LPG offers numerous benefits that cater to economic and environmental considerations. LPG is already recognized as a relatively clean-burning fossil fuel, but the addition of DME further improves its combustion characteristics. DME has a high cetane number, which enhances the ignition quality of the fuel. When blended with LPG, it promotes more complete combustion, resulting in reduced emissions of harmful pollutants, including particulate matter, sulfur compounds, and nitrogen oxides (NOx). This cleaner combustion aligns with stricter environmental regulations and the global push toward reducing air pollution and greenhouse gas emissions. The compatibility of DME and LPG makes blending a seamless process. DME has similar physical properties to LPG, such as being gaseous at room temperature and readily liquified under moderate pressure. This compatibility ensures that DME-LPG blends can be stored, transported, and dispensed using existing LPG infrastructure, such as storage tanks, distribution networks, and refueling stations. This aspect significantly lowers the barriers to entry for adopting DME-LPG blends and enables more rapid integration into existing energy systems. DME-LPG blends offer a transitional solution as industries and governments seek to diversify their energy sources and reduce dependency on traditional fossil fuels. According to the International DME Association, over 50% of the global dimethyl ether is blended with LPG. This blending strategy aligns with the broader goal of achieving cleaner energy use without requiring a complete infrastructure overhaul. It provides an avenue to reduce the environmental footprint of energy consumption without requiring significant changes in vehicle or equipment technology. The increasing awareness regarding the advantages of DME-LPG blends promotes a more sustainable and efficient energy landscape, thereby driving the North America dimethyl ether market expansion.

North America Dimethyl Ether Market Overview

The rising focus on research and development of DME is favoring the market expansion in North America. In 2021, the US Department of Energy Vehicle Technologies Office (VTO) awarded more than US$ 4 million in funding to test varied DME applications as a low-carbon alternative to fossil fuels. Moreover, in 2022, the US government invested in infrastructure, technology, and manufacturing to reduce greenhouse gas emissions by 50–52% by 2030. The region witnessed rising utilization and production of renewable and recycled carbon DME. Several regional companies are involved in developing commercial-scale waste-to-methanol production and methanol-to-DME production. In 2023, Enerkem Inc. and Dimeta announced feasibility studies for developing two large-scale projects to convert waste into renewable and recycled carbon DME. The adoption of DME in the region is also significantly influenced by regulatory frameworks, decarbonization of the transportation sector, and environmental regulations. In 2022, Stanadyne LLC launched a multipurpose port injector for delivering hydrogen, natural gas, and DME fuels in medium-duty and heavy-duty commercial vehicle powertrains in the US. The concerns about climate change, the need for clean transportation fuel, and the requirement for alternative fuel are a few factors expected to drive the demand for dimethyl ether (DME) in North America during the forecast period.

North America Dimethyl Ether Market Revenue and Forecast to 2030 (US$ Million)

North America Dimethyl Ether Market Segmentation

The North America dimethyl ether market is segmented based on application and country.

Based on application, the North America 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 North America dimethyl ether market is segmented into the US, Canada, and Mexico. The US dominated the North America dimethyl ether market share in 2022.

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

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At 9.5% CAGR, the North America Dimethyl Ether Market is Speculated to be worth US$ 4,442.14 million by 2030, says The Research Team

According to The Research Team’ research, the North America dimethyl ether market was valued at US$ 2,154.47 million in 2022 and is expected to reach US$ 4,442.14 million by 2030, registering a CAGR of 9.5% from 2022 to 2030. Growing use of dimethyl ether in LPG blending and flourishment of aerosol propellant manufacturing industry are the critical factors attributed to the North America dimethyl ether market expansion.

The rising adoption of renewable dimethyl ether (rDME) is positively influencing the growth of the 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 North America dimethyl ether market growth during the forecast period.

On the contrary, availability of substitute products hurdles the growth of North America dimethyl ether market.

Based on application, the North America dimethyl ether market is categorized into aerosol propellants, LPG blending, transportation fuel, power generation fuel, chemical feedstock, and others. The LPG blending segment held 51.5% share of North America dimethyl ether market in 2022, amassing US$ 1,110.34 million. It is projected to garner US$ 2,269.51 million by 2030 to expand at 9.3% CAGR during 2022–2030.

Based on country, the North America dimethyl ether market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 83.5% share of North America dimethyl ether market in 2022. It was assessed at US$ 1,799.91 million in 2022 and is likely to hit US$ 3,770.87 million by 2030, exhibiting a CAGR of 9.7% during 2022–2030.

Key players operating in the North America dimethyl ether market are Nouryon Chemicals Holding BV, Shell Plc, Mitsubishi Gas Chemical Co Inc, The Chemours Co, Oberon Fuels Inc, Grillo-Werke AG, and Merck KGaA, among others.

In April 2022, Nouryon announces price increase for dimethyl ether. In Jan 2021, Mitsubishi Corp starts commercial ops at Trinidad and Tobago methanol plant.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America dimethyl ether market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the North America dimethyl ether market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America dimethyl ether market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team 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. North America Dimethyl Ether Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
5. North America 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 – North America Market Analysis
6.1 North America Dimethyl Ether Market Volume (Tons)
6.2 North America Dimethyl Ether Market Revenue (US$ Million)
6.3 North America Dimethyl Ether Market Forecast and Analysis
7. North America 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. North America Dimethyl Ether Market – Country Analysis
8.1 North America
8.1.1 North America Dimethyl Ether Market Overview
8.1.2 North America Dimethyl Ether Market Revenue and Forecasts and Analysis – By Countries
8.1.2.1 North America Dimethyl Ether Market Breakdown by Country
8.1.2.2 US Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.3 US Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.3.1 US Dimethyl Ether Market Breakdown by Application
8.1.2.3.2 US Dimethyl Ether Market Breakdown by Application
8.1.2.4 Canada Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.5 Canada Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.5.1 Canada Dimethyl Ether Market Breakdown by Application
8.1.2.5.2 Canada Dimethyl Ether Market Breakdown by Application
8.1.2.6 Mexico Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.7 Mexico Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.7.1 Mexico Dimethyl Ether Market Breakdown by Application
8.1.2.7.2 Mexico Dimethyl Ether Market Breakdown by Application
9. Competitive Landscape
9.1 Heat Map Analysis by Key Players
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 Oberon Fuels Inc
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 Merck KGaA
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 Grillo-Werke AG
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
12. Appendix

LIST OF TABLES

Table 1. North America Dimethyl Ether Market Segmentation. 9
Table 2. North America Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Table 3. North America Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. US Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) – By Application
Table 5. US Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 6. Canada Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) – By Application
Table 7. Canada Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 8. Mexico Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) – By Application
Table 9. Mexico Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 10. Company Positioning & Concentration

LIST OF FIGURES

Figure 1. North America Dimethyl Ether Market Segmentation, By Country. 9
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America Dimethyl Ether Market
Figure 4. North America Dimethyl Ether Market Impact Analysis of Drivers and Restraints
Figure 5. North America Dimethyl Ether Market Volume (Tons), 2020 – 2030
Figure 6. North America Dimethyl Ether Market Revenue (US$ Million), 2020 – 2030
Figure 7. North America Dimethyl Ether Market Share (%) – Application, 2022 and 2030
Figure 8. Aerosol Propellants Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Aerosol Propellants Market Revenue (Tons), 2020 – 2030
Figure 10. LPG Blending Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. LPG Blending Market Revenue (Tons), 2020 – 2030
Figure 12. Transportation Fuel Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Transportation Fuel Market Revenue (Tons), 2020 – 2030
Figure 14. Power Generation Fuel Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Power Generation Fuel Market Revenue (Tons), 2020 – 2030
Figure 16. Chemical Feedstock Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Chemical Feedstock Market Revenue (Tons), 2020 – 2030
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Others Market Revenue (Tons), 2020 – 2030
Figure 20. North America Dimethyl Ether Market Breakdown by Key Countries – Revenue (2022) (US$ Million)
Figure 21. North America Dimethyl Ether Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 22. US Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Figure 23. US Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Canada Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Figure 25. Canada Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Mexico Dimethyl Ether Market Revenue and Forecasts To 2030 (Tons)
Figure 27. Mexico Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)

The List of Companies – North America Dimethyl Ether Market

o Nouryon Chemicals Holding BV
o Shell Plc
o Mitsubishi Gas Chemical Co Inc
o The Chemours Co
o Oberon Fuels Inc
o Merck KGaA
o Grillo-Werke AG

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