As per Future Market Insights, the Dibutyl Ether Market is anticipated to attain a value pool of USD 4 Billion by 2023-end. Global demand for Dibutyl Ether is expected to rise at a CAGR of 5.8% to USD 7 Billion in 2033.
Increasing Adoption of Dibutyl Ether in Automotive Industry Spurs Market Growth:
Growing demand from the automotive industry: DBE is used as a fuel additive in gasoline and diesel engines, as it can help to improve fuel efficiency and reduce emissions. The increasing demand for more fuel-efficient vehicles is driving the growth of the DBE market.
Increasing demand from the paints and coatings industry: DBE is used as a solvent in the production of paints and coatings, as it can help to improve the drying time and the gloss of the finished product. The growth of the construction industry is fuelling the demand for paints and coatings, which is in turn driving the growth of the DBE market.
Growing demand from the pharmaceutical industry: DBE is used as a solvent in the production of pharmaceuticals, as it can help to improve the solubility of certain drugs. The increasing demand for pharmaceuticals, particularly in emerging economies, is driving the growth of the DBE market.
Increasing demand from the adhesives and sealants industry: DBE is used as a solvent in the production of adhesives and sealants, as it can help to improve the bonding strength and the viscosity of the finished product. The growth of the construction and packaging industries is driving the demand for adhesives and sealants, which is in turn driving the growth of the DBE market.
Rising Demand for Biofuels and Clean Energy Drives Growth in Dibutyl Ether Market:
Increasing use as a biofuel: DBE has been shown to be a promising biofuel candidate due to its high energy density and low greenhouse gas emissions. As the world moves towards a more sustainable and environmentally friendly energy mix, there is an opportunity for DBE to be used as a biofuel and replace traditional fossil fuels.
Advancements in production technology: Advances in technology are making it possible to produce DBE more efficiently and cost-effectively. This is lowering the barriers to entry for new players and increasing the competitiveness of the market.
Rising demand from the cosmetics industry: DBE is used as a solvent and carrier in cosmetics, such as hair dyes and nail polishes. As the cosmetics industry continues to grow, there is an opportunity for DBE manufacturers to expand their customer base and develop new products.
Increasing use in the food industry: DBE is used as a solvent in the extraction of flavours and fragrances from natural sources, such as fruits and flowers. As the demand for natural and organic flavours and fragrances increases, there is an opportunity for DBE manufacturers to expand their business in this segment.
Dibutyl Ether as a Fuel Additive: The Catalyst for a Greener, More Sustainable Tomorrow:
Increasing demand for high-purity DBE: High-purity DBE is in growing demand in the electronics industry, where it is used as a solvent for cleaning and etching printed circuit boards. There is a trend towards higher quality and more reliable electronic components, which is driving the demand for high-purity DBE.
Shift towards renewable energy sources: As the world moves towards renewable energy sources such as wind and solar power, there is a growing need for energy storage solutions. DBE is being investigated as potential energy storage medium due to its high energy density and low cost.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | USD 4 Billion |
Projected Market Value in 2033 | USD 7 Billion |
Growth Rate (2023 to 2033) | 5.8% CAGR |
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According to latest research, The Dibutyl Ether market is projected to expand between 4.0% and 6.0% CAGR during the assessment period 2021 to 2031. The growth of the market can be attributed to increase in the demand of specialty chemicals all over the globe.
Dibutyl ether is an excellent choice of solvent both available for both technically and commercially for a wide range of synthetic reactions and processes where its low water and peroxide content and high boiling point allows for higher process temperatures.
The flash point of the product is higher than any other conventional solvents adding to its safety aspects, and it is a much easier solvent to recover after use than THF, thus making process economic feasible.
The growing demand for improved properties and quality is expected to provide growth opportunities for the products market.
Major factors driving the market are the growing demand from the chemical industries which are present all over the world. Companies are striving to adopt environment-friendly and efficient chemical preparation techniques.
This compound is used as a solvent for Grignard synthesis which is used in the synthesis of alcohols, acetals, ketones, aldehydes, ethers carboxylic acides, esters, ethers, amino compounds, vinyl compounds,organo sulfer compounds, acetylenic compounds, and organometallic compounds.
It has aprotic qualities. High economic growth and increase in population are expected to drive the industrial sector, thereby propelling the demand for dibutyl ether in industrial chemical applications.
Increasing demand from the chemical industries is one of the major factors driving the world’s dibutyl ether market. This compound acts as a major ingredient in the formation of many specialty and fine chemicals in the chemicals industry as it is used in the synthesis of Grignard reagent which is the major ingredient in the industries.
The growing specialty chemicals industry is anticipated to account for the biggest share of the overall compounds market during the forecast period.
This compound also acts a good solvent for oils and fats and some natural and synthetic resins. Its properties make it robust for use with either alkalis or organic acids. It is used in the manufacturing process of a number of pharmaceutical API’s such as cefaclor and Procarbazine. It is also used in the manufacture of agrochemicals such as Cyhexatin.
APAC is estimated to be the largest market for dibutyl ether in forecasted period. The market for this region is segmented into China, India, Japan, Malaysia, Indonesia, and the Rest of APAC. According to the World Bank, APAC is the fastest-growing region in terms of both population and economy.
The region has witnessed significant growth in the past decade, accounting for over one-third of the world’s GDP. High economic growth, coupled with the increasing population, is expected to drive the region’s industrial sector. This is expected to increase the demand for the product in specialty chemicals applications where it acts as one of the major solvent.
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North America is also expected to witness significant market growth of this compound on account of rising production in pesticides and fertilizers industries over the forecast period. However, Demand in this region is supposed to grow at a moderate pace due to the slowdown in production in end use industries.
The capacity additions in the region of US and Canada are predicted to increase the market call over the outlook period.
Some of the leading manufacturers and suppliers include:
Several key market participants are focusing on new & innovative product development to cater the growing demand from the end use sector. Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decrease the carbon emission. Key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Purity Type 6.2. Application 7. Global Market Analysis and Forecast, By Purity Type 7.1. Anhydrous 99.3% purity 7.2. 99% purity 8. Global Market Analysis and Forecast, By Application 8.1. Manufacturing pesticides 8.2. Specialty chemicals 8.3. Organic synthesis 8.4. Food industry 8.5. Others 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. South Asia 9.5. East Asia 9.6. Middle East & Africa 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. South Asia Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 16. Sales Forecast by Purity Type and Application for 30 Countries 17. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 18. Company Profile 18.1. Hridaan Pharma Chem (India) 18.2. TCI Chemicals (India) 18.3. Shanghai Terppon Chemical Co. Ltd (China) 18.4. Shenzhen VTOLO Industrial Co. Ltd (China) 18.5. Merck Schuchardt OHG (Germany) 18.6. Santa Cruz Biotechnology Inc. (USA) 18.7. BuGuCh & Partners (Germany) 18.8. AK Scientific Inc. (USA) 18.9. Simagchem Corporation (China) 18.10. SR Chemical Specialties (India)
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