Global dimethyl
ether market is expected to witness growth owing to its growing
usage in LPG. The dimethyl ether is a downstream derivative of methanol.
Various raw materials of the product include fossil fuel resources including
natural gas and coal and bio-based feedstock which includes municipal waste,
black liquor, agricultural waste and forest waste. Optimal chemical and
physical features of DME make it a worthwhile choice for numerous applications
its major usage in LPG is blending chemicals.
Segmentation on the basis
application includes transportation fuel, LPG blending, industrial applications
and aerosol propellants. LPG blending is observed to be its major application,
trailed by aerosol propellants.
Dimethyl ether is non-carcinogenic
and non-toxic and retains good solvency and thus, is anticipated to experience
a lucrative growth owing to its usage in both solvent and water-based systems.
Moreover, the products increasing applications in paint and cosmetics sector is
anticipated to propagate rapidly when compared to aerosol propellants in light
of numerous characteristics which include high vapour pressure, high solvency
capacity, high miscibility with organic solvents and water, high propellant
force, higher weight per unit volume, high density, high liquid-to-gas
expansion rate and is user friendly being a single product.
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Hydrocarbon propellants are lower
in price when compared to DME. DME is combustible gas and thus, its
transportation and storage are difficult which is expected to act as a restraint
for the progress of the product. Its key benefit is its property of
compatibility and solubility with aqueous formulae. DME serves as a comfortable
solvent for paint resins and hair spray.
Growing applications of dimethyl
for numerous products which include foam in a can, coatings, sealants, paints,
hairspray, automotive care products, adhesives, topical skin cooling sprays,
sunscreen and in a wide range of household products and personal care products
in light of its strong solvency and water solubility feature when compared to
compressed gases and hydrocarbons which is projected to escalate its demand
over the upcoming years. Furthermore, DME is explicitly used in some
applications including cosmetics and hair sprays owing to its high solubility
and stability when compared to hydrocarbons.
Dimethyl ether provides expedient
features which include low toxicity, chemical stability, water miscibility and
high solvency which has its applications in a wide range of aerosol products
including hairsprays and paint sprays. Further, rising demand for air
fresheners and cosmetic products is anticipated to fuel the demand for the
product in the near future.
China was observed to account for
the largest demand for LPG across the globe in 2013 on account of rapid industrialization
and urbanization. Nonetheless, usage of DME as a transportation fuel is
expected to expand rapidly in the next few years. Clean burning and low carbon
emissions are the pluses of the product which are anticipated to escalate the
product demand. In 2014, Europe methyl ethyl ether and DME aerosol
propellants sector demand were 334.0 kilos and is estimated to touch 483.1-kilo
tons by 2022 and to grow at a CAGR of 4.7%. Increasing demand for air
fresheners, perfumes, and deodorants in light of improving living standard in
France, Germany and UK is anticipated to stimulate the market growth. In
2014, Asia Pacific DME aerosol propellants market demand was valued at USD
435.2 million in 2014 and is expected to reach USD 736.8 million by 2022 and to
grow at a CAGR of 6.8%. Supportive regulatory framework along with growing
demand for cosmetics and paint industry particularly in China and India is
expected to augment the market growth for DME aerosol propellants in the near
future. Growing home furnishing market in emerging economies of India and China
is expected to promote aerosol propellants growth in household applications
over the forecast period.
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