There is still room for development in the dimethyl ether (DME) market in the future, and the market will converge on leading companies.

Dimethyl ether (DME) is an organic compound, which is a colorless and odorless flammable gas under standard conditions. Dimethyl ether is a flammable gas that can form an explosive mixture when mixed with air. It can easily burn and explode when exposed to heat, sparks, flames or oxidants. Dimethyl ether has the properties of condensation, vaporization, and easy compression. It can be used as a methylating agent, alkylating agent, refrigerant, extraction agent, etc., and is used in medicine, coatings, daily chemicals, dyes, pesticides and other fields.

According to the “2022-2026 Dimethyl Ether Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, in recent years In recent years, the output of my country’s dimethyl ether industry has been on a growth trend, with industry output increasing to 2.154 million tons in 2021, a year-on-year increase of 7.2%. After years of development and accumulation, dimethyl ether has formed a certain industrial cluster, distributed in central China, east China, southwest and other regions. Looking at provinces and cities, Henan has the largest number of dimethyl ether companies.

In terms of production technology, the production process of dimethyl ether can be divided into one-step method and two-step method. The two-step method has the advantages of mature technology, high product purity, and few side reactions. It is currently the mainstream production process of my country’s dimethyl ether market. . With the acceleration of urbanization and industrialization, oil and coal resources are becoming increasingly scarce, and the market demand for clean energy has been released. Dimethyl ether is a new type of clean energy, and the market has broad room for development in the future. However, at present, due to the large number of enterprises and low technical level, the dimethyl ether industry has obvious problems of overcapacity and low-price competition, which is not conducive to the long-term sustainable development of the industry.

my country’s dimethyl ether market fluctuates frequently. In early 2022, affected by multiple factors such as the COVID-19 epidemic and geopolitics, international crude oil prices rose, which indirectly drove the dimethyl ether market price to rise one after another. In early March 2022, due to the temporary loss of favorable factors and external With the market downturn and transportation restrictions, the market price of dimethyl ether continued to fall; in mid-May 2022, the domestic dimethyl ether market showed a trend of stabilizing first and then rising, with rising costs being its main support; in June 2022, the market price of dimethyl ether At around 4080 yuan/ton.

Competition in the dimethyl ether market is fierce. With the deepening of the supply-side structural reform, backward dimethyl ether production capacity has withdrawn from the market, and the dimethyl ether market concentration has increased. At this stage, my country’s dimethyl ether production companies mainly include Shanxi Orchid Technology and Guanghui Energy, Donghua Technology, Antai Technology, Guanghui Energy, etc. Among them, Lanhua Technology is one of the leading companies in the dimethyl ether market. According to the company’s annual report, in 2021, the company’s dimethyl ether industry output will be approximately 137,000 tons, a year-on-year increase of 75.9%.

Industry analysts said that dimethyl ether has a wide range of applications. As a new clean fuel, the dimethyl ether market still has room for development in the future. At present, the dimethyl ether industry has overcapacity and low-price competition problems still exist. Driven by intensified market competition and supply-side structural reform, dimethyl ether’s backward production capacity will accelerate its withdrawal from the market, and the dimethyl ether market structure will also continue to be optimized. .