Diethyl Ether Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Diethyl Ether Market Analysis
During the time frame of the forecast, the market for diethyl ether is expected to grow at a CAGR of more than 5%.
COVID-19 affected several sectors, including diethyl ether. Due to supply chain interruptions and lower end-use demand, diethyl ether demand slowed during the pandemic. As the pandemic settled and business returned, the market recovered. growth of the pharmaceutical and chemical sectors post-COVID increased diethyl ether consumption.
- One of the major factors driving the market is the growing demand for industrial and laboratory solvents.
- The automotive industry led the market, and this trend is expected to continue over the next few years.
- But the growth of the diethyl ether market can be slowed by the growing availability of other solvents like ethanol and isopropyl alcohol.
- Using diethyl ether to make carbon nanotubes with more than one wall could be a good idea in the future.
- North America dominated the market across the world, with the largest consumption coming from the United States.
Diethyl Ether Market Trends
This section covers the major market trends shaping the Diethyl Ether Market according to our research experts:
Consumption of Diethyl Ether in Automotive Industry
- Diethyl ether is used in the automobile industry as an octane and oxygen enhancer in gasoline, as well as a lubricant oil blend. Octane rating, which evaluates a fuel's capacity to prevent "knocking" or early detonation in an engine It can also increase the oxygen content of gasoline, improving combustion and lowering pollutants.
- Diethyl ether can be used as an additive in diesel starting fluids, which are designed to aid in starting diesel engines in cold weather. The ether helps to evaporate the diesel fuel, making it easier for the glow plugs to ignite. This makes starting a cold-weather diesel engine easier and more reliable.
- Diethyl ether is very flammable, so it makes the engine start up quickly by almost doubling the pressure in the cylinder.
- Smaller commercial vehicles and delivery trucks consume more gasoline because of their reduced weight and higher fuel efficiency. However, bigger commercial vehicles, such as tractor-trailers and heavy-duty freight trucks, often prefer diesel engines due to their greater weight and durability. In 2021, the total number of commercial cars built was 23.09 million, up from 21 million in 2020 (an increase of 6%).
- In the period from 2012 to 2021, over 228.57 million commercial vehicles were manufactured. Furthermore, according to the European Automobile Manufacturers Association, during January-September 2022, new passenger car registrations in Asia Pacific increased by more than 7% as compared to a similar period last year.
- Recent improvements to diesel engine technology have made them a better choice for owners and drivers of commercial vehicles because they are cleaner and less harmful to the environment.
- The diethyl ether additive can be of higher interest in the starting fluid in countries with cold climates, as it helps in the cold-starting of an engine at sub-zero temperatures.
- The consumption of diethyl ether in diverse ways in the automotive industry is likely to drive the demand for diethyl ether in the coming years.
North American Region to Dominate the Market
- The North American region dominated the global market share in 2022. The United States is the largest producer and consumer of diethyl ether across the world.
- Pharmaceutical spending in the United States has been increasing over the past few years. According to the American Society of Health-System Pharmacists, in 2021, total drug spending in the U.S. increased by 7.7% and surpassed USD 575 billion. The increase in drug spending is most likely due to large chronic therapy areas, such as hypertension and mental health. Diethyl ether is used as a solvent for drugs.
- Supply chain constraints will severely affect the U.S. automotive industry in 2022. Annual vehicle sales in 2022 declined by more than 8% compared to 2021. However, according to General Motors and Toyota, the industry will rebound in 2023. For instance, according to the U.S. Bureau of Economic Analysis, in January 2023, total vehicle sales in the U.S. surpassed 16 million units, more than 16% as compared to December 2022.
- With an increasing demand for pharmaceutical drugs and laboratory reagents, the market for diethyl ether is likely to grow at a good pace during the forecast period.
Diethyl Ether Industry Overview
The diethyl ether market is partially fragmented, with the major players accounting for a small chunk of it. Some of these major players include BASF SE, LyondellBasell Industries Holdings BV, Merck KGaA, and INEOS.
Diethyl Ether Market Leaders
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LyondellBasell Industries Holdings BV
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Merck KGaA
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INEOS
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Industrial Solvents & Chemicals Pvt Ltd
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BASF SE
*Disclaimer: Major Players sorted in no particular order
Diethyl Ether Market News
- December 2022: Sinopec and INEOS completed two petrochemical deals. In the first one, INEOS acquired 50% of Shanghai SECCO Petrochemical Company Limited. In the second, INEOS and SINOPEC established a 50:50 joint venture for ABS technology.
- November 2022: Assago Industries announced the setting up of an ethanol-producing plant at APIIC Industrial Park, Gummalladoddi, Andhra Pradesh.
Diethyl Ether Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand for Industrial and Laboratory Solvents
4.1.2 Rising Demand for Diethyl Ether in the Production of Perfumes
4.1.3 Growing Need for Use of Diethyl Ether for Compression-Ignition (CI) Engines
4.2 Restraints
4.2.1 Formation of Explosive Peroxides
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Feedstock Analysis and Trends
4.6 Technological Snapshot
4.7 Trade Analysis
4.8 Regulatory Policy Analysis
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Fuel and Fuel Additives
5.1.2 Propellants
5.1.3 Solvents
5.1.4 Chemical Intermediates
5.1.5 Extractive Mediums
5.1.6 Other Applications
5.2 End-user Industry
5.2.1 Automotive
5.2.2 Plastics
5.2.3 Pharmaceutical
5.2.4 Fragrance
5.2.5 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 BASF SE
6.4.2 Industrial Solvents & Chemicals Pvt Ltd (ISCPL)
6.4.3 INEOS
6.4.4 LyondellBasell Industries Holdings BV
6.4.5 Merck KGaA
6.4.6 Sasol
6.4.7 Standard Reagents Pvt Ltd.
6.4.8 TKM Pharma Pvt Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Manufacturing Multi-walled Carbon Nano Tubes, Using Diethyl Ether
Diethyl Ether Industry Segmentation
Diethyl ether is a colorless, extremely combustible chemical molecule with a sweet, ether-like odor. It is also known as ethyl ether or just ether. It has many applications, including as a solvent and as a building block in the production of other organic compounds, among others. The low boiling point and high rate of evaporation of this flammable liquid make it useful in many industrial processes.
The diethyl ether market is segmented by application, end-user industry, and geography. By application, the market is segmented into fuel and fuel additives, propellants, solvents, chemical intermediates, extractive mediums, and other applications. By end-user industry, the market is segmented into automotive, plastics, pharmaceutical, fragrance, and other end-user industries. The report also covers the market size and forecasts for the diethyl ether market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).
| Application | |
| Fuel and Fuel Additives | |
| Propellants | |
| Solvents | |
| Chemical Intermediates | |
| Extractive Mediums | |
| Other Applications |
| End-user Industry | |
| Automotive | |
| Plastics | |
| Pharmaceutical | |
| Fragrance | |
| Other End-user Industries |
| Geography | |||||||
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Diethyl Ether Market Research FAQs
What is the current Diethyl Ether Market size?
The Diethyl Ether Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Diethyl Ether Market?
LyondellBasell Industries Holdings BV, Merck KGaA, INEOS, Industrial Solvents & Chemicals Pvt Ltd and BASF SE are the major companies operating in the Diethyl Ether Market.
Which is the fastest growing region in Diethyl Ether Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Diethyl Ether Market?
In 2024, the North America accounts for the largest market share in Diethyl Ether Market.
What years does this Diethyl Ether Market cover?
The report covers the Diethyl Ether Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Diethyl Ether Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Diethyl Ether Industry Report
Statistics for the 2024 Diethyl Ether market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Diethyl Ether analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
