Albany, NY -- (SBWIRE) -- 10/19/2016 -- The study provides a decisive view of the DME market by segmenting it based on application, raw material type and regional demand with special emphasis on China. Application segments have been analyzed based on current trends and future potential, and the market has been estimated from 2014 to 2020 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes the current and forecast demand for North America, Europe, China, Rest of Asia Pacific, and Rest of the World (RoW). Segmentation also includes demand for individual application and raw material types in all the regions.
The study covers the drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the DME market on the global and regional level.
We have included a detailed value chain analysis in order to provide a comprehensive view of the DME market. Analysis of Porter's Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
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The market has been forecast based on constant currency rates. Prices of DME vary in each region and depend upon demand-supply scenario of the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Individual pricing of DME for each application has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down the market by application segments in each region.
The report provides the size of the DME market for 2013 and forecast for the next seven years up to 2020. The size of the DME market in China and across the globe is provided in terms of volume and revenue. Market volume is defined in kilo tons, while market revenue for regions is in US$ Mn. The market size and forecast for each product segment is provided in the context of global and regional markets. Numbers provided in the report are derived based on demand generated from different applications and raw material types. Market dynamics prevailing in China have been taken into account for estimating the future growth of the global market.
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Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for commonly utilized grades of DME in each application has been considered, and customized product pricing has not been included. Demand for DME has been derived by analyzing the global and regional demand for DME in each application and by raw material type. The global and China DME market has been analyzed based on expected demand. Market data for each segment is based on volume demand and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers, based on manufacturer feedback and application requirement. Forecasts have been based on the expected demand from DME application segments. Existing Chinese government regulations and the expected relief pertaining to DME blended LPG regulations have been taken into account. We have used the bottom-up approach by considering individual application segments and integrating these to arrive at the global market. Application segments have been further broken down using the top-down approach to derive the regional market demand. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. In the absence of specific data related to the sales of DME of major China-based manufacturers, calculated assumptions have been made in view of the company's product portfolio, segment revenue, and regional presence along with demand for products in its portfolio.
The report covers a detailed competitive outlook that includes market share and company profiles of key participants operating in the global market. Key players profiled in the report include Jiutai Energy Group, Shenhua Ningxia Coal Industry Group Co., Ltd., China Energy Ltd., Korea Gas Corporation, Guangdong JOVO Group Co. Ltd., Akzo Nobel N.V. and Grillo-Werke AG. Company profiles include attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategies, and recent/key developments.
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