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Ethyl Ether Market - Increasing demand from the automotive industry | Overall Size, Growth, Trends, Competitor Analysis & Forecast by 2016 - 2028

02-17-2020 06:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Ethyl Ether Market

Ethyl Ether Market

Ethyl Ether Market is estimated to reach USD XX billion by 2028

This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global Ethyl Ether Market.

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According to the report fluctuations in supply and raw material, prices are likely to hamper the market growth. However, ethyl ether is synthesized from petroleum derivative ethanol, which is subject to fluctuations in crude oil prices. The synthesis of ethyl ether from renewable sources is expected to provide the players in this market with enormous opportunities. Due to its high octane content and the other advantages that it offers ethyl ether is favored over ethanol. It is called renewable fuel of second-generation and when generated from biomass it is used in biodiesel production.

The growing demand by the automotive industry for ethyl ether is expected to boost market growth during the forecast period. Diethyl ether is used as an octane and oxygen enhancer for gasoline in the automotive sector, and as a mixture of lubricating oils. Due to its high cetane number and high energy density, the CI engine's cold-starting output is enhanced by mixing the fuel with diethyl ether.

The diethyl ether additive may be of greater interest in starting fluid in cold-climated countries, as it helps to cold-start an engine at sub-zero temperatures. Diethyl ether use in the automotive industry in various ways is likely to drive diethyl ether demand in the coming years.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like BASF, Dow, Americhem Sales Corporation and Halocarbon Products Corporation.

This report provides:

1) an overview of Global Ethyl Ether Market globally and related technologies.

2) Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).

3) Identification of new market opportunities and targeted promotion plans for Global Ethyl Ether Market.

4) Discussion of R&D and demand for new products and new applications

5) Comprehensive company profiles of key industry players.

The researchers have studied the market in-depth and have come up with major segments like product type, application and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.

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Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

North America expected to dominate the market due to the largest producer of ethyl ether, and the largest consumer also. With engine-starting fluids and industrial and laboratory reagents being the country's largest demand for diethyl ether, it is projected to have more than 65 percent of total consumption.

Furthermore, smokeless forms of gunpowder for the defense and industrial sectors are likely to contribute to one-fourth of overall US use. In addition, prescription costs in the U.S. are also rising from the last few years. Diethyl ether is used as a medical solvent. During the forecast period, with increasing demand for pharmaceutical drugs and laboratory reagents, the diethyl ether market is likely to expand at a good pace.

In terms of consumption, North America was led by the Asia Pacific, due to high demand from India and China. Japan is expected to show low growth due to market saturation and rising demand. With demand from major applications such as chemical synthesis and military applications, the ethyl ether market in Europe is expected to show moderate growth.

Key Factors Impacting Market Growth:

o Increasing demand from the automotive industry

o Growing demand as an industrial solvent

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Market Segmentation:

By Industry:
o Automotive
o Pharmaceutical
o Plastic
o Military (Smokeless Gun Powder)
o Others

By Region:

o North America
o By Country (US, Canada, Mexico)
o By Industry

o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Industry

o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Industry

o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Industry

o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Industry

o Rest Of the World
o By Region (South America, Africa)
o By Industry

Customization:

We provide customization of the study to meet the specific requirements:

o By segment

o By sub-segment

o By region/ country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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