Diisopropyl Ether Demand and Supply , Trade 2030

1. India Diisopropyl Ether Market Demand Is Anticipated to Grow at a CAGR of 6.4% by 2030 According to ChemAnalyst report, “India Diisopropyl Ether Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”,India Diisopropyl Ether (commonly called DIPE) market is expected to grow at a healthy CAGR of 6.4% during the forecast period on account of its growing demand as a solvent in pharmaceutical industry. Moreover, the growth is supported by the fact that DIPE imparts excellent fuel properties and hence is popularly used as a high-octane gasoline blending stock. Browse the Complete Report:India Diisopropyl Ether (DIPE) Pricing Ethers are sulfur-free compounds and are widely preferred over alcohols as gasoline components. This is because octane numbers of ethers like MTBE, DIPE and ETBE are high, and hence they find popular usage as octane boosters in gasoline. Increased DIPE compatibility with current car and fuel distribution chain will drive the growth of Diisopropyl Ether in the forecast period. In addition, growing use of DIPE as an extraction solvent in the pharmaceutical industry for producing specific active ingredients, resins, and coatings, will boost the consumption of Diisopropyl Ether as a solvent in Indian market. Chemical-Pricing: https://www.chemanalyst.com/ChemicalPricing/ChecmPriceYearlyChart?Customer=False According to ChemAnalyst report, “India Diisopropyl Ether Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Diisopropyl Ether is commercially produced as a byproduct during the production of isopropanol (IPA) by hydration of propene. As there are no major players operating currently in the India Diisopropyl Ether market, majority of country’s DIPE demand is being met through imports. In 2017, Deepak Fertilizers announced the construction of a DIPE manufacturing unit at its Taloja plant having production capacity of about 70,000 tonnes per annum. The plant is expected to come onstream by 2021. Major players operating in the domestic DIPE market are ExxonMobil, Haike Group, JX Nippon Oil & Energy, Xinhua Chemical, Changzhou Puhua, Novacap and INEOS (Sasol). Outbreak of novel coronavirus rendered slightly negative impact to the country’s already pressured Diisopropyl Ether industry. Supply chain disruption and logistic restrictions forced local suppliers and distributors to sell their remaining DIPE volumes at higher prices in the final quarter of FY20. However, it is anticipated that India will soon occupy a supreme and efficient position in the DIPE market with more nationwide investments in the downstream paints and pharmaceutical industries. Although 2020 doesn’t seem promising for Diisopropyl Ether traders and suppliers in India but recovery in demand is expected as soon as the trade flows improve and demand pick-ups following growth in downstream sectors and end user industries. Moreover, increasing investments in the Indian pharmaceutical industry are also likely to support the demand of Diisopropyl Ether in the years to come.

2. “India’s Diisopropyl Ether market will grow appreciably during the forecast period as large downstream-derivatives capacities are stated to come on stream by 2022. Key players eyeing on economic and strategic incentives for setting up IPA and DIPE production facilities in their refineries. Indian government is strongly promoting the use of safer alternatives like ethanol and methanol to meet the oxygenate requirement for fuel blending and phase out the use of Methyl Tertiary Butyl Ether (MTBE), Ethyl Tertiary Butyl Ether (ETBE) and Diisopropyl Ether (DIPE) due to their toxic nature. This is likely to weigh over India’s total DIPE demand in the forecast period. However, increasing use of pharma grade DIPE for pharmaceutical and personal care applications such as manufacturing liniments, analgesics and perfumes is likely to increase the demand for Diisopropyl Ether in years to come. DIPE’s growing use as an extractive solvent and in the crystallisation process of active pharmaceutical ingredients, will propel its demand by the end-use segments. With India strongly heading towards self-reliance in its chemicals and petrochemicals needs and investing heavily in expanding its paints and pharmaceutical sectors, the Diisopropyl Ether sector is augmented to emerge stronger by 2030.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst. About Us ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in- depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India.ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more For more information, please visit us at www.chemanalyst.com Contact Us: Nilesh Vishwakarma B-44 Sector-57 Noida, National Capital Region Tel: 0120-4523948 Mob: +91-8882336899 Email: info@chemanalyst.com Connect with us on LinkedIn - https://www.linkedin.com/company/chemanalyst/ Connect with us on Twitter- https://twitter.com/Chemanalysts