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Ethyl Ether Market - Forecast (2022 - 2027)

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    Report

  • 140 Pages
  • March 2022
  • Region: Global
  • IndustryARC
  • ID: 5616197
The Ethyl Ether market size is forecast to reach $XX.X million by 2027, after growing at a CAGR of 4.5% during 2022-2027. 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 the reaction and extraction medium of fragrances, chemicals and pharmaceuticals due to its inertness. Growing demand from the 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 (2022-2027)” 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, the 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
The solvents segment held a significant share in the 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 a solvent for cellulose nitrate in the 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 the cold-starting of an engine at sub-zero temperatures.
  • By End-User Industry - Segment Analysis
The automotive segment held a significant share in the 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, an increase in the 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.

Geography- Segment Analysis


North America dominated the ethyl ether market with a share of more than XX%, followed by Europe and the Asia Pacific. The United States is the largest producer and consumer of ethyl ether across the world. It accounts for more than 90% production among the combined North and South America. The largest market for ethyl ether in the country being engine-starting fluids and industrial and laboratory reagents, it is estimated to have more than 65% of total consumption. In addition, smokeless gunpowder formulations for the defense and military industry are likely to contribute to one-fourth of the total consumption in the United States.

Moreover, pharmaceutical spending in the United States is also increasing from the past few years. Ethyl ether is used as a solvent for drugs. The spending on medicines is likely to grow to USD 610 million by 2021. The growth is likely to come from large therapy chronic areas, such as hypertension and mental health. With an increasing demand for pharmaceutical drugs and laboratory reagents, the market for ethyl ether is likely to grow at a good pace, during the forecast period. Growing demand from Asia Pacific countries due to rising disposable income and changing lifestyle is contributing significantly to the automotive industry growth.

Drivers - Ethyl Ether Market


Increasing usage of ethyl ether in the automotive industry


Growing demand from the automotive industry is expected to drive the ethyl ether market owing to its various applications in the industry. Its main applications in automotive are its use as an octane and lubricating oil that improves the fuel efficiency of the vehicle. It is used as starting fluid in combination with petroleum for diesel and gasoline engines. Due to ever rising crude oil prices, government and automotive manufacturers are focusing on improving the fuel efficiency of vehicles. Ethyl ether is one of the major constituent that is used as an oxygen enhancer in gasoline and octane in diesel engines to ensure efficient burning of fuel and less smoke emissions. Additionally, ethyl ether is an excellent compression ignition fluid with higher energy density as compared to ethanol and can be used as second-generation fuel. Further, demand from laboratory and industrial solvents applications is expected to boost the market. Pharmaceutical uses of ethyl ether as solvent and extraction agent are expected to show limited growth owing to scarcity and increasing demand from other applications.

Challenges - Ethyl Ether Market


Raw material prices


Fluctuation in supply and prices of raw material is expected to hamper the market growth. Ethyl ether is synthesized from ethanol which is a petroleum derivative and subjected to crude oil price volatility. The high cost of ethyl ether and the harmful effects it causes to the environment and health are the major restraints of the diethyl ether market.

Market Landscape


Technology launches, acquisitions and R&D activities are key strategies adopted by players in the ethyl ether market. In 2019, the market of ethyl ether has been consolidated by the top five players accounting for xx% of the share. Major players in the ethyl ether market are BASF SE, Dow Chemical Company, Americhem Sales Corporation, Halocarbon Products Corporation, LyondellBasell, Spectrum Chemical, Tokyo Chemical Industry Co., Ltd., Weill Cornell EHS, Camlab UK and Austin Chemical, Inc. among others.

Product Launch/ Acquisition

  • In September 2019, BASF to expand the integrated ethylene oxide and derivatives complex at its Verbund site in Antwerp. Investment exceeds €500 million and adds 400,000 metric tons per year of production capacity.

Ethyl Ether market size is forecast to reach $XX.X million by 2027, after growing at a CAGR of 4.5% during 2022-2027. 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 the reaction and extraction medium of fragrances, chemicals and pharmaceuticals due to its inertness. Growing demand from the 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 (2022-2027)” 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, the 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
The solvents segment held a significant share in the 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 a solvent for cellulose nitrate in the 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 the cold-starting of an engine at sub-zero temperatures.
  • By End-User Industry - Segment Analysis
The automotive segment held a significant share in the 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, an increase in the 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.

Geography- Segment Analysis


North America dominated the ethyl ether market with a share of more than XX%, followed by Europe and the Asia Pacific. The United States is the largest producer and consumer of ethyl ether across the world. It accounts for more than 90% production among the combined North and South America. The largest market for ethyl ether in the country being engine-starting fluids and industrial and laboratory reagents, it is estimated to have more than 65% of total consumption. In addition, smokeless gunpowder formulations for the defense and military industry are likely to contribute to one-fourth of the total consumption in the United States.

Moreover, pharmaceutical spending in the United States is also increasing from the past few years. Ethyl ether is used as a solvent for drugs. The spending on medicines is likely to grow to USD 610 million by 2021. The growth is likely to come from large therapy chronic areas, such as hypertension and mental health. With an increasing demand for pharmaceutical drugs and laboratory reagents, the market for ethyl ether is likely to grow at a good pace, during the forecast period. Growing demand from Asia Pacific countries due to rising disposable income and changing lifestyle is contributing significantly to the automotive industry growth.

Drivers - Ethyl Ether Market


Increasing usage of ethyl ether in the automotive industry


Growing demand from the automotive industry is expected to drive the ethyl ether market owing to its various applications in the industry. Its main applications in automotive are its use as an octane and lubricating oil that improves the fuel efficiency of the vehicle. It is used as starting fluid in combination with petroleum for diesel and gasoline engines. Due to ever rising crude oil prices, government and automotive manufacturers are focusing on improving the fuel efficiency of vehicles. Ethyl ether is one of the major constituent that is used as an oxygen enhancer in gasoline and octane in diesel engines to ensure efficient burning of fuel and less smoke emissions. Additionally, ethyl ether is an excellent compression ignition fluid with higher energy density as compared to ethanol and can be used as second-generation fuel. Further, demand from laboratory and industrial solvents applications is expected to boost the market. Pharmaceutical uses of ethyl ether as solvent and extraction agent are expected to show limited growth owing to scarcity and increasing demand from other applications.

Challenges - Ethyl Ether Market


Raw material prices


Fluctuation in supply and prices of raw material is expected to hamper the market growth. Ethyl ether is synthesized from ethanol which is a petroleum derivative and subjected to crude oil price volatility. The high cost of ethyl ether and the harmful effects it causes to the environment and health are the major restraints of the diethyl ether market.

Market Landscape


Technology launches, acquisitions and R&D activities are key strategies adopted by players in the ethyl ether market. In 2019, the market of ethyl ether has been consolidated by the top five players accounting for xx% of the share. Major players in the ethyl ether market are BASF SE, Dow Chemical Company, Americhem Sales Corporation, Halocarbon Products Corporation, LyondellBasell, Spectrum Chemical, Tokyo Chemical Industry Co., Ltd., Weill Cornell EHS, Camlab UK and Austin Chemical, Inc. among others.

Product Launch/ Acquisition

  • In September 2019, BASF to expand the integrated ethylene oxide and derivatives complex at its Verbund site in Antwerp. Investment exceeds €500 million and adds 400,000 metric tons per year of production capacity.


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Table of Contents

1. Ethyl Ether Market - Overview
1.1. Definitions and Scope
2. Ethyl Ether Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Ethyl Ether Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Ethyl Ether Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Ethyl Ether Market - Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Ethyl Ether Market - By Application (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. Automotive
6.3.2. Petrochemicals
6.3.3. Paints & Coatings
6.3.4. Industrial Solvents
6.3.5. Military & Defence
6.3.6. Pharmaceutical
6.3.7. Others
7. Ethyl Ether - By Geography (Market Size -$Million / $Billion)
7.1. Ethyl Ether Market - North America Segment Research
7.2. North America Market Research (Million / $Billion)
7.2.1. Segment type Size and Market Size Analysis
7.2.2. Revenue and Trends
7.2.3. Application Revenue and Trends by type of Application
7.2.4. Company Revenue and Product Analysis
7.2.5. North America Product type and Application Market Size
7.2.5.1. U.S.
7.2.5.2. Canada
7.2.5.3. Mexico
7.2.5.4. Rest of North America
7.3. Ethyl Ether - South America Segment Research
7.4. South America Market Research (Market Size -$Million / $Billion)
7.4.1. Segment type Size and Market Size Analysis
7.4.2. Revenue and Trends
7.4.3. Application Revenue and Trends by type of Application
7.4.4. Company Revenue and Product Analysis
7.4.5. South America Product type and Application Market Size
7.4.5.1. Brazil
7.4.5.2. Venezuela
7.4.5.3. Argentina
7.4.5.4. Ecuador
7.4.5.5. Peru
7.4.5.6. Colombia
7.4.5.7. Costa Rica
7.4.5.8. Rest of South America
7.5. Ethyl Ether - Europe Segment Research
7.6. Europe Market Research (Market Size -$Million / $Billion)
7.6.1. Segment type Size and Market Size Analysis
7.6.2. Revenue and Trends
7.6.3. Application Revenue and Trends by type of Application
7.6.4. Company Revenue and Product Analysis
7.6.5. Europe Segment Product type and Application Market Size
7.6.5.1. U.K
7.6.5.2. Germany
7.6.5.3. Italy
7.6.5.4. France
7.6.5.5. Netherlands
7.6.5.6. Belgium
7.6.5.7. Spain
7.6.5.8. Denmark
7.6.5.9. Rest of Europe
7.7. Ethyl Ether - APAC Segment Research
7.8. APAC Market Research (Market Size -$Million / $Billion)
7.8.1. Segment type Size and Market Size Analysis
7.8.2. Revenue and Trends
7.8.3. Application Revenue and Trends by type of Application
7.8.4. Company Revenue and Product Analysis
7.8.5. APAC Segment - Product type and Application Market Size
7.8.5.1. China
7.8.5.2. Australia
7.8.5.3. Japan
7.8.5.4. South Korea
7.8.5.5. India
7.8.5.6. Taiwan
7.8.5.7. Malaysia
8. Ethyl Ether Market - Entropy
8.1. New product launches
8.2. M&A's, collaborations, JVs and partnerships
9. Ethyl Ether Market Company Analysis
9.1. Market Share, Company Revenue, Products, M&A, Developments
9.2. The Dow Chemical Company
9.3. Americhem Sales Corporation
9.4. Halocarbon Products Corporation
9.5. BASF SE
9.6. Standard Reagents Pvt. Ltd.
9.7. Company 6
9.8. Company 7
9.9. Company 8
9.10. Company 9
9.11. Company 10 and more
10. Ethyl Ether Market -Appendix
10.1. Abbreviations
10.2. Sources

Methodology

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