Ethyl Ether Market - Forecast(2021 - 2026)

 

Overview

Ethyl Ether market size is forecast to reach $XX.X million by 2025, after growing at a CAGR of 4.5% during 2020-2025. Ethyl ether is also known as diethyl ether, is a highly flammable, volatile organic compound. It is synthesized from vapor phase dehydration of ethanol. It is used in fuels, anesthetic agents, laboratory solvents, recreation drugs and pharmaceutical applications. Its main application is in reaction and extraction medium of fragrances, chemicals and pharmaceuticals due to its inertness. Growing demand from Automotive industry is expected to drive the ethyl ether market owing to its various applications in the industry.


Report Coverage

The report: “Ethyl Ether Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Ethyl Ether Industry.
By Application: Fuel and Fuel Additives, Propellants, Solvents, Chemical Intermediates, Extractive Mediums and Others.
By End-Use Industry: Automotive, Plastics, Pharmaceutical, Fragrance, Petrochemicals, Paints & Coatings, Military & Defense and Others. 
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways

  • New product developments and increasing investments in research and development of ethyl ether are expected to drive the growth of this market.
  • Among application, solvents segment is projected to lead the ethyl ether market during the forecast period.
  • North America dominated the ethyl ether market.


By Application - Segment Analysis

Solvents segment held a significant share in ethyl ether market in 2019. Ethyl ether is a widely used solvent for bromine, iodine, most fatty and resinous substances, volatile oils, pure rubber and certain vegetable alkaloids. Ethyl ether is claimed to excellent solvent for waxes, resins and gums. It also used as solvent for cellulose nitrate in manufacture of pyroxylin when combined with ethanol and for smokeless gun powder. The ethyl ether additive can be of higher interest in the starting fluid in countries with cold climates, as it helps in cold-starting of an engine at sub-zero temperatures.



By End-User Industry - Segment Analysis

Automotive segment held a significant share in ethyl ether market in 2019 growing at a CAGR of XX% during the forecast period. Ethyl ether is used in the automotive sector as an octane and oxygen enhancer in gasoline and as a blend in lubricating oils. The other application includes the use of diethyl ether as an additive for diesel starting fluids. The cold-starting performance of the CI engine is improved by blending the fuel with ethyl ether, due to its high cetane number and high energy density. Ethyl ether is a highly flammable substance, so it gives a sudden engine start by increasing the pressure in the cylinder to almost double. The consumption of ethyl ether in diverse ways in the Automotive industry is likely to drive the demand of ethyl ether in the coming years. According to OICA, the number of passenger vehicles production increased from 68,539,516 units in 2015 to 71,750,946 units in 2018. Hence, increase in automotive sector is expected to drive the ethyl ether market.

However, due to the outbreak of the novel coronavirus (COVID-19), automobile and component manufacturing plants are being shuttered around the world, consumer footfalls in showrooms have fallen sharply, vehicle sales are dropping dramatically and almost every major industry event is either being cancelled or going the digital way. The impact of coronavirus on other markets, and particularly China, has also led to disruption in supply chains. This is particularly concerning considering that the global automotive industry reportedly imports more than $34 billion in parts from China.

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Location: United States

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