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DME production as well as consumption has been dominated by China. Chemrec, a Sweden based company has stared a new bio-based DME manufacturing facility. DME has been emerged as a potential alternative traditional resources of fuels.DME is most predominantly used in diesel engine as an alternative fuel. Growing demand for energy across the world is expected to be the major growth engine for DME market. To reduce the dependence on increased consumption of natural resource DME being ecofriendly in nature can be intensively used by automobile industries. DME can also be used to solve environmental conservation problem.
Leading automobile industry giants such as Renault and Volvo have developed DME based fuel engine for buses. Major restraint of this market is developing process technologies being used. Due to lower viscocity and lubricity than diesel DME needs purpose built fuel injection systems. Hence very few vehicle test have being performed on DME based fuel engine. The durability and performance of DME fuel injection systems is major concern for the end users and is expected to be the major restraining force for DME market. Design of fuel injection system for DME is problematic due to problems created by chemical properties .Hence future work would include development of electronic fuel injection system for DME. One of the major hurdle for DME as transportation fuel is cost involved in investment and setup of distribution infrastructure.
Some of the major companies that develop DME as alternative to transportation fuel are Haldor Topsoe, Amoco, Aveflor, Toyo Engineering Corporation, Jiutai Energy (Zhangjiagang) Co., Ltd.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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