+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

South & Central America Dimethyl Ether Market Forecast to 2030 - Regional Analysis - by Application

  • PDF Icon

    Report

  • 69 Pages
  • January 2024
  • The Insight Partners
  • ID: 5954336
UP TO OFF until Dec 31st 2024
The South & Central America dimethyl ether market was valued at US$ 853.51 million in 2022 and is expected to reach US$ 1,655.34 million by 2030; it is estimated to grow at a CAGR of 8.6% from 2022 to 2030 .

Growing Demand for Clean Transportation Fuel the South & Central America 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.

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 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.

South & Central America Dimethyl Ether Market Overview

In 2021, Mitsubishi Gas Chemical Company, Mitsubishi Corporation, Mitsubishi Heavy Industries Engineering, the National Gas Company of Trinidad and Tobago, Massy Holdings, and Caribbean Gas Chemical Limited teamed up to launch commercial operations of methanol and dimethyl ether (DME) plant in Trinidad and Tobago. The plant aimed at an annual production capacity of ~1 million metric ton of methanol and ~20 thousand metric ton of DME. Further, DME has potential applications in chemical feedstock; it can be used as an alternative fuel for vehicles and power generation. Thus, DME is expected to draw immense attention as a next-generation energy source in the region.

Sout

h & Central America Dimethyl Ether Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Dimethyl Ether Market Segmentation

The South & Central America dimethyl ether market is segmented based on application and country.

Based on application, the South & Central 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 South & Central America dimethyl ether market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America dimethyl ether market share in 2022.

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

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America dimethyl ether market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South & Central America dimethyl ether market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America dimethyl ether market, as well as those hindering it
  • 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 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. South & Central America Dimethyl Ether Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
5. South & Central 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 - South & Central America Market Analysis
6.1 South & Central America Dimethyl Ether Market Volume (Tons)
6.2 South & Central America Dimethyl Ether Market Revenue (US$ Million)
6.3 South & Central America Dimethyl Ether Market Forecast and Analysis
7. South & Central 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. South & Central America Dimethyl Ether Market - Country Analysis
8.1.1 South & Central America Dimethyl Ether Market Overview
8.1.2 South & Central America Dimethyl Ether Market Revenue and Forecasts and Analysis - By Countries
8.1.2.1 South & Central America Dimethyl Ether Market Breakdown by Country
8.1.2.2 Brazil Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.3 Brazil Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.3.1 Brazil Dimethyl Ether Market Breakdown by Application
8.1.2.3.2 Brazil Dimethyl Ether Market Breakdown by Application
8.1.2.4 Argentina Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.5 Argentina Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.5.1 Argentina Dimethyl Ether Market Breakdown by Application
8.1.2.5.2 Argentina Dimethyl Ether Market Breakdown by Application
8.1.2.6 Rest of South & Central America Dimethyl Ether Market Volume and Forecasts to 2030 (Tons)
8.1.2.7 Rest of South & Central America Dimethyl Ether Market Revenue and Forecasts to 2030 (US$ Million)
8.1.2.7.1 Rest of SAM Dimethyl Ether Market Breakdown by Application
8.1.2.7.2 Rest of SAM 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 SWOT Analysis
11.4.6 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 Grillo-Werke AG
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
12. Appendix
List of Tables
Table 1. South & Central America Dimethyl Ether Market Segmentation
Table 2. South & Central America Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Table 3. South & Central America Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Brazil Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) - By Application
Table 5. Brazil Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) - By Application
Table 6. Argentina Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) - By Application
Table 7. Argentina Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) - By Application
Table 8. Rest of SAM Dimethyl Ether Market Volume and Forecasts To 2030 (Tons) - By Application
Table 9. Rest of SAM Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million) - By Application
Table 10. Company Positioning & Concentration
List of Figures
Figure 1. South & Central America Dimethyl Ether Market Segmentation, By Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: South & Central America Dimethyl Ether Market
Figure 4. South & Central America Dimethyl Ether Market Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Dimethyl Ether Market Volume (Tons), 2020 - 2030
Figure 6. South & Central America Dimethyl Ether Market Revenue (US$ Million), 2020 - 2030
Figure 7. South & Central 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. South & Central America Dimethyl Ether Market, by Key Countries - Revenue (2022) (US$ Million)
Figure 21. South & Central America Dimethyl Ether Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 22. Brazil Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Figure 23. Brazil Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Argentina Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Figure 25. Argentina Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Rest of South & Central America Dimethyl Ether Market Volume and Forecasts To 2030 (Tons)
Figure 27. Rest of South & Central America Dimethyl Ether Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Heat Map Analysis By Key Players

Companies Mentioned

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

Table Information