[Online Quarterly Update]India Diisopropyl Ether market demand stood at 10.45 Thousand Tonnes in FY2021 and is forecast to reach 16.77 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.40% until 2030. Read all about the India Diisopropyl Ether Market size, share, analysis, report, trends and forecast in a detailed report. India Diisopropyl Ether Market Report by ChemAnalyst provides deep market insight that will help your business to grow.
[Online Quarterly Update] India Diisopropyl Ether market demand stood at 10.45 Thousand Tonnes in FY2021 and is forecast to reach 16.77 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.40% until 2030. The demand for Diisopropyl Ether is increasing in the pharmaceutical industry due to the increasing demand for better and cost-efficient solvents. This demand is likely to propel in the forecast period owing to the increasing demand for hygiene and healthcare supplies after the outbreak of Coronavirus in the fourth quarter of FY 20. Furthermore, the demand for Diisopropyl Ether as an extracting agent in the metallurgical industry is also increasing as this solvent makes the process of extraction more economical.
Diisopropyl Ether (DIPE) is manufactured by the fractional distillation of Isopropyl Alcohol (IPA), in conditions that restrict the formation of IPA-water azeotropes. As no major players are operating in the India Diisopropyl Ether market, more than 90 percent of domestic demand for the product is fulfilled through imports. To cater to the increasing domestic demand Deepak Fertilizers proposed the production of Diisopropyl Ether in 2017, with a plant capacity of around 7 KTA. This project is anticipated to get completed by the end of FY 21. Moreover, the disruption of trade dynamics amid Covid-19 can extract lucrative profit margins for the players eyeing to enter the India Diisopropyl Ether Market in the coming years.
In India demand for Diisopropyl Ether varies with regions too. North and South region contributes to major consumption of the product followed by West and East regions. As a result of the growing awareness about less polluting and more environment-friendly fuel additives, the demand for Diisopropyl Ether is increasing for the manufacture of anti-knocking agents and fuel additives in the automotive and construction industries. Additionally, Diisopropyl Ether demand is on the rise due to an increase in the demand for oxygenated gasoline additives. The oxygenated gasoline additives help in reducing the emission of carbon monoxide in engines that are responsible for reducing the efficiency of engines for transportation. Other than the major applications, increasing demand for Diisopropyl Ether in the manufacturing of chemical intermediates is anticipated to contribute considerably towards its demand in the next five years.
Years Considered for this Report:
Historical Years: FY2015– FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2030
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Objective of the Study:
• The primary objective of the study was to evaluate and forecast Diisopropyl Ether demand, and the demand-supply gap in India.
• To categorize Diisopropyl Ether demand based on end use, application, region, and sales channel.
• To study trade dynamics and company share in India Diisopropyl Ether market.
• To identify major customers of Diisopropyl Ether in India.
• To identify and profile major companies operating in India Diisopropyl Ether market.
• To identify major news, deals, and expansion plans in the India Diisopropyl Ether market.
To extract data for the India Diisopropyl Ether market, primary research surveys were conducted with Diisopropyl Ether manufacturers, suppliers, distributors, wholesalers, and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end-user segments and projected a positive outlook for the India Diisopropyl Ether market over the coming years.
ChemAnalyst calculated Diisopropyl Ether demand in India by analyzing the historical data and demand forecast was carried out considering Propylene and Isopropyl Alcohol prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Diisopropyl Ether manufacturers, suppliers, distributors, and other stakeholders
• Organizations, forums, and alliances related to Diisopropyl Ether distribution
• Government bodies such as regulating authorities and policymakers
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Diisopropyl Ether manufacturers, distributors, and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the India Diisopropyl Ether market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by End Use
Automotive, Pharmaceutical, Plastics Fragrance, and Others
Market, by Application
Chemical Intermediates, Fuel Additives, Solvents, Propellants, and Others
Market, by Sales Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North, West, East, and South
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
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