Chemical & Materials
The global dimethyl ether (DME) market reached a value of US$ 6.6 Billion in 2023. As per the analysis by IMARC Group, the top dimethyl ether (DME) companies focus on providing better customer service. The top companies are investing heavily in researching and developing new DME-based products and applications. This has led to the developing of new DME blends, such as DME-methanol blends, used in various industries. Several key players are collaborating with other players in the industry to introduce new products and technologies. This has led to the developing of new DME-based applications, such as fuel cells and biofuels. Furthermore, few companies are also expanding their production capacity to meet the growing demand for DME. This has led to the construction of new DME production facilities and the upgrading of existing ones. To raise awareness about the benefits of DME, some top companies are investing in marketing and promotion. This has helped to increase demand for DME-based products in various industries. Moreover, numerous players are further developing sustainable DME solutions with a lower environmental impact than traditional fuels. This has helped to position DME as a more environmentally friendly alternative to fossil fuels. Several market players are cooperating with government agencies to promote the use of DME in various industries, which has led to the development of policies and regulations that support the use of DME. The top companies in the dimethyl ether market are investing in developing new technologies that can enhance the properties of DME, thus resulting in the development of new DME-based products with improved performance characteristics. On account of these factors, the market is expected to reach US$ 14.2 Billion by 2032, exhibiting a growth rate (CAGR) of 8.5% during 2024-2032.
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The global dimethyl ether (DME) market has several major players, including Akzo Nobel N.V., Cornerstone Chemical Company B.V., Chinese Energy Holdings Limited, ENN Energy Holdings Limited, Grillo-Werke AG, Korea Gas Corporation, Mitsubishi Corporation, Oberon Fuels, Royal Dutch Shell plc, The Chemours Company LLC, and Zagros Petrochemical Company. More information about these companies has been provided below.
Establishment: |
1994 |
Headquarters: |
Amsterdam, Netherlands |
Website: |
http://www.akzonobel.com/ |
Akzo Nobel N.V. is a Dutch multinational company that produces specialty chemicals and coatings for various industries, including automotive, aerospace, construction, and consumer goods. Akzo Nobel operates in over 80 countries and employs approximately 32,000 people worldwide. The company's product portfolio includes paints, coatings, adhesives, and specialty chemicals used in various applications. Some of its well-known brands include Dulux, Sikkens, and International. Akzo Nobel is dedicated to sustainability and has set ambitious targets for reducing its carbon footprint and improving the sustainability of its products. Akzo Nobel has undergone significant restructuring in recent years, including selling specialty chemicals and acquiring coatings businesses in Europe and the US. Akzo Nobel is a major player in the global chemicals and coatings industry, with a strong commitment to sustainability and a track record of innovation and growth.
Establishment: |
2010 |
Headquarters: |
Westwego, United States |
Website: |
https://cornerstonechemco.com/ |
Cornerstone Chemical Company B.V. is a leading manufacturer of petrochemicals and specialty chemicals based in the United States. The company's key products include acrylonitrile, melamine, and sulfuric acid. The company's product portfolio includes a range of chemicals used in various industrial and consumer applications, including adhesives, coatings, solvents, and plastics. Cornerstone Chemical is committed to sustainability and has implemented various initiatives to reduce its environmental impacts, such as investing in energy-efficient technology and reducing waste and emissions. The company has also received recognition for its safety performance, with several facilities receiving awards for their safety records. In addition to its manufacturing operations, Cornerstone Chemical is further involved in research and development, focusing on developing new products and improving existing ones. The company has a team of experienced chemists and engineers who work closely with customers to develop customized solutions to meet their needs.
Establishment: |
1999 |
Headquarters: |
Hong Kong, China |
Website: |
http://www.chinese-energy.com/ |
Chinese Energy Holdings Limited is a Hong Kong-based company primarily producing and selling coal-based chemicals and energy products. The company operates several subsidiaries, including Inner Mongolia Mengxi High-Tech Group Co., Ltd., one of China's largest producers of coal-based chemicals. The company's product portfolio includes methanol, dimethyl ether, formaldehyde, and other chemicals used in various industrial applications. Chinese Energy Holdings is also involved in producing and selling coal and electricity. The company operates several coal mines in China and has developed several power plants that generate electricity from coal. It is committed to sustainable development and has implemented various measures to reduce its environmental impact. The company has invested in energy-efficient technology and has implemented strict environmental and safety standards at its facilities.
Establishment: |
1992 |
Headquarters: |
Langfang, China |
Website: |
http://ir.ennenergy.com/ |
ENN Energy Holdings Limited is a Chinese company that produces and distributes natural gas. The company operates a vertically integrated natural gas business, which includes exploration, production, transportation, and distribution. The company's natural gas operations are primarily located in China, but it also has a presence in other countries, including the United States and Australia. In addition to its natural gas operations, ENN Energy is also involved in developing renewable energy projects, such as wind and solar power. The company has invested heavily in renewable energy technology and has set ambitious targets for reducing its carbon footprint. It is committed to sustainability and has implemented various measures to reduce its environmental impact. The company has invested in energy-efficient technologies and has implemented strict environmental and safety standards at its facilities.
Establishment: |
1842 |
Headquarters: |
Kelsterbach, Germany |
Website: |
http://grillo.de/ |
Grillo-Werke AG is a German company specializing in producing zinc and sulfur-based chemicals. The company operates several subsidiaries, including Grillo Zinkoxid GmbH, one of Europe's largest zinc oxide producers. The company's product portfolio includes a range of chemicals used in various industrial and consumer applications, including rubber, ceramics, and pharmaceuticals. In addition to its chemical operations, Grillo-Werke produces zinc alloys used in the automotive and construction industries. The company strongly focuses on sustainability and has executed various measures to reduce its environmental impact. It has a long history of innovation and has developed several patented technologies for producing zinc oxide. The company has also received numerous awards for its safety performance and environmental management.
Establishment: |
1983 |
Headquarters: |
Daegu, South Korea |
Website: |
http://www.kogas.or.kr/en/main.action |
Korea Gas Corporation is a South Korean firm specializing in producing and distributing natural gas. The company is the world's largest liquefied natural gas (LNG) importer and operates a vast network of pipelines and storage facilities throughout South Korea. The company's natural gas operations include exploration, production, and transportation. It also develops renewable energy projects, such as solar and wind power. The company has invested heavily in renewable energy technology and has set ambitious targets for reducing its carbon footprint. It is committed to sustainability and has implemented various measures to reduce its environmental impact. The company has invested in energy-efficient technologies, such as cogeneration systems, and has implemented strict environmental and safety standards at its facilities.
Establishment: |
1918 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.mitsubishicorp.com/ |
Mitsubishi Corporation is a Japanese company that operates across various industries, including energy, metals, machinery, chemicals, and food. The corporation is one of the largest trading companies globally in over 90 countries. The company's business operations are diverse and include the production and distribution of natural gas, the development of renewable energy projects, and the trading of commodities, such as metals and minerals. Mitsubishi Corporation is strongly committed to sustainability and has implemented numerous measures to reduce its environmental impact. The company has also invested in renewable energy projects, such as wind and solar power, and has set ambitious targets for decreasing greenhouse gas emissions. It is also involved in various social initiatives, such as disaster relief and community development projects. The company strongly focuses on corporate social responsibility and has received many awards for its sustainability efforts.
Establishment: |
2010 |
Headquarters: |
California, United States |
Website: |
http://www.oberonfuels.com/ |
Oberon Fuels is a California-based business specializing in producing renewable dimethyl ether (DME). This clean-burning, non-toxic fuel can be used as a substitute for diesel. The company's DME is produced from various renewable sources, such as biogas, waste feedstocks, and natural gas. The company's production process is highly efficient and produces a significantly cleaner fuel than traditional diesel, with lower emissions of particulate matter, nitrogen oxides, and sulfur oxides. In addition to its renewable fuel operations, Oberon Fuels is also involved in developing DME-powered engine technology. The company has partnered with various engine manufacturers to develop engines that can run on DME and has successfully demonstrated the viability of DME as a fuel for heavy-duty applications. It is committed to sustainability and has implemented various measures to reduce its environmental impact. The company's renewable fuel operations and engine technology have the potential to reduce greenhouse gas emissions and improve air quality significantly.
Establishment: |
1907 |
Headquarters: |
London, United Kingdom |
Website: |
https://www.shell.com/ |
Royal Dutch Shell plc is a British-Dutch global oil and gas company. The corporation is one of the world's largest oil and gas firms, operating in over 70 countries. Its business operations include the exploration, production, and distribution of oil and gas and the production of chemicals and renewable energy. In addition to its traditional oil and gas operations, Shell is committed to transitioning to a low-carbon energy system. The company has set ambitious targets for decreasing its greenhouse gas emissions and has invested heavily in renewable energy projects, like wind and solar power. It is also involved in various social initiatives, such as community development projects and disaster relief efforts. The company strongly focuses on corporate social responsibility and has received many awards for its sustainability efforts. Royal Dutch Shell is a leading player in the global energy industry, with a strong commitment to sustainability and innovation. Its diverse business operations and global reach make it a key industry player. Its focus on transitioning to a low-carbon energy system ensures it will remain a leading company for years.
Establishment: |
2015 |
Headquarters: |
Delaware, United States |
Website: |
https://www.chemours.com/en/ |
The Chemours Company LLC is a Delaware-based chemical company spun off from DuPont in 2015. The company's business operations include producing and distributing various chemicals, such as refrigerants, fluoropolymers, and titanium dioxide. It is committed to sustainability and has implemented various measures to reduce its environmental impact. The company's operations are guided by its Corporate Responsibility Commitment, which includes targets for reducing greenhouse gas emissions and waste. The company's research and development program has invested heavily in advanced technologies, such as its Opteon line of low-global warming potential refrigerants. It is also involved in various social initiatives, such as community development projects and disaster relief efforts.
Establishment: |
2000 |
Headquarters: |
Kermanshah, Iran |
Website: |
https://www.zpcir.com/en/home |
Zagros Petrochemical Company is an Iranian company specializing in producing various petrochemical products, such as ethylene, propylene, and polyethylene. It is one of the largest petrochemical companies in Iran, with a production capacity of over 1 million tons per year. Its products are used in many industries, such as packaging, agriculture, and construction. Zagros Petrochemical Company has invested in new technologies and processes to improve energy efficiency and reduce greenhouse gas emissions. It is committed to sustainability and has implemented various measures to reduce its environmental impact. The company has also implemented a waste management program to minimize the amount of waste generated by its operations. It is also involved in various social initiatives, such as community development projects and disaster relief efforts. The company strongly focuses on corporate social responsibility.
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About Author:
Shree Basu Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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