Dimethyl Ether Market Scope And Analysis

Dimethyl Ether Market Report Scope

COVID-19 Impact:

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemical & materials industry. The shutdown of manufacturing units of dimethyl ether companies disturbed global supply chains, manufacturing activities, and delivery schedules. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Most of the industrial manufacturing facilities were shut down during the pandemic, decreasing the consumption of dimethyl ether. In addition, the COVID-19 pandemic has caused fluctuations in dimethyl ether prices. However, various industries revived their operations after supply constraints were resolved, which led to a revival of the dimethyl ether market. Moreover, the rising demand for dimethyl ether from the applications sectors such as LPG blending, aerosol propellants, and chemicals is substantially promoting the dimethyl ether market growth.

Competitive Landscape and Key Companies:

Nouryon Chemicals Holding BV, Shell Plc, Mitsubishi Gas Chemical Co Inc, The Chemours Co, Aerosolex, Oberon Fuels Inc, Merck KGaA, Jiangsu July Chemical Co Ltd, Sichuan Lutianhua Co Ltd, and Grillo-Werke AG are among the players operating in the global dimethyl ether market. The global dimethyl ether market players focus on providing high-quality products to fulfill customer demand.