Transparency Market Research Report Added "Ethyl Ether Market" to its database.
Albany, NY -- (SBWIRE) -- 12/01/2014 -- 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. Ethyl ether is claimed to excellent solvent for resins, waxes and gums. In automotive industry it has various applications such as it is used as an octane, oxygen enhancer in gasoline, lubricating oil, removal of paints and varnishes and plasticizers. It also used as solvent for cellulose nitrate in manufacture of pyroxylin when combined with ethanol and for smokeless gun powder.
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Growing demand from automotive industry is expected to drive the ethyl ether market owing to its various applications in the industry. Its main applications in automotive is 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. Growing demand from Asia Pacific countries due to rising disposable income and changing lifestyle is contributing significantly to the automotive industry growth. Due to ever rising crude oil prices, government and automotive manufacturers are focusing on improving fuel efficiency of vehicles. Ethyl ether is one of major constituent that is used as 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. This application segment accounts for more than one fourth of the total demand and is expected to show higher growth rate in the near future. 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.
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However, fluctuation in supply and prices of raw material is expected to hamper the market growth. Ethyl ether is synthesized from ethanol which is petroleum derivative and subjected to crude oil price volatility. Synthesis of ethyl ether from renewable sources is expected to provide immense opportunities for the players in this market. Ethyl ether is preferred over ethanol due to its high octane content and other advantages that it offers. It is considered as second generation renewable fuel and used in biodiesel production when produced from biomass.
North America was the largest producer as well as largest consumer of ethyl ether. Main applications of ethyl ether are its use in automotive starting fluid and for smokeless gun powder but are expected to show moderate growth. Growing demand from laboratory and industrial solvent applications are expected to drive the ethyl ether market in this region. North America was followed by Asia Pacific in terms of consumption owing to high demand from India and China. Japan is expected to show low growth due to maturity stage of the market and decreasing demand. Ethyl ether market in Europe is expected to show moderate growth with demand from major applications such as chemical synthesis and military applications.
Some of the key players include BASF SE, Dow Chemical Company, Americhem Sales Corporation and Halocarbon Products Corporation among others.
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