Diisopropyl Ether Prices

Diisopropyl Ether Prices September 2024

The diisopropyl ether prices in the United States for Q3 2024 reached 1965 USD/MT in September. The region's market in the quarter displayed steady prices amid balanced supply and muted requirement. Despite some activity in the building industry, buying interest was limited. This resulted in constant pricing trends, reflecting cautious trading practices and stable stock levels that met domestic needs.

The price trend for diisopropyl ether in China for Q3 2024 settled at 1450 USD/MT in September. In this quarter, the region faced significant price reductions in diisopropyl ether due to oversupply and low interest from key sectors. Operational issues, including international port crowding, further contributed to the downward pricing trend. The negative market sentiment persisted, influenced by restrained trading and distribution issues.

Diisopropyl Ether Prices December 2023

The diisopropyl ether prices in the United States for Q4 2023 reached 1,832 USD/MT in December. The prices fell due to lower acetone costs and less demand from cleaning and paints sectors. Ample supply and reduced manufacturing activities further pressured prices. Various logistical challenges also impacted the market, keeping prices stable but volatile towards the quarter's end.

The price trend for diisopropyl ether in China for Q4 2023, reached 1,953 USD/MT in December. The prices remained low due to an oversupply and weak demand from downstream industries such as paint and cleaning agents. The recovery of feedstock supplies provided an impel to the demand, which stayed sluggish despite escalated production costs of isopropyl augmented by sanitizer demand.

Regional Coverage

The report provides a detailed analysis of the diisopropyl ether market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the diisopropyl ether price trend.

Global Diisopropyl Ether Price

The report offers a holistic view of the global diisopropyl ether pricing trends in the form of diisopropyl ether price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into diisopropyl ether historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into diisopropyl ether price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed diisopropyl ether demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Diisopropyl Ether Price

Q3 2024:

Diisopropyl ether costs in Europe saw a sharp reduction in the third quarter of 2024, largely due to increased logistics expenses and regional interruptions. Ongoing hostilities in the Red Sea zone resulted to significant port crowding, unavailability of appliances and higher overhead costs, impacting distribution networks. These logistical difficulties affected the chemical's accessibility by increasing market volatility and creating supply concerns. These complications made it difficult for manufacturers to adjust their manufacturing schedules, which contributed to a pessimistic view of the market. Cross-border concerns and operational inefficiencies that rippled across the supply chain both contributed to this price drop.

Q4 2023:

During the last quarter, the prices in Europe exhibited fluctuations. Prices fell at the starting of the quarter due to lower pressure from downstream industries and an excess of supply. The drop in Eurozone Manufacturing PMI pointed to a manufacturing sector slow down, leading to reduced solvent utilization. During the middle of the quarter, production levels were impacted by restricted propylene availability caused by export restrictions from North America. At the end, prices went up slightly due to limited supply routes caused by disturbances in the Red Sea leading ships to change their routes, resulting in decreased imports in Europe.
 
This analysis can be extended to include detailed diisopropyl ether price information for a comprehensive list of countries.

North America Diisopropyl Ether Price

Q3 2024:

In the third quarter of 2024, the diisopropyl ether market in North America stayed steady, supported by adequate supply levels and consistent domestic demand. The pricing environment was marked by a balanced market due to subdued downstream demand and cautious trading practices. Although sectors such as construction showed some improvement, overall buying interest remained weak. Enterprises were hesitant to increase their stockpiles, maintaining market stability. This cautious approach, paired with sufficient stock levels, contributed to the steady pricing observed throughout the quarter, resulting in a lack of significant price fluctuations across the region.

Q4 2023:

In the last quarter, the North American di isopropyl ether market experienced a drop in prices. This decline was largely driven by lower upstream acetone costs and a dip in demand from sectors including cleaning and paints products. Excess supply added to the price pressure, as procurement and usage rates were down in manufacturing. Logistical issues further complicated the market, with water level drops in the Mississippi River leading to shipping restrictions, and the Panama Canal experiencing water level changes that affected delivery timelines. Despite steady production rates, these factors created a mix of stable yet fluctuating prices for di isopropyl ether towards the quarter's end.
 
Specific diisopropyl ether historical data within the United States and Canada can also be provided.

Middle East and Africa Diisopropyl Ether Price

The report explores the diisopropyl ether pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on diisopropyl ether prices for countries can also be provided.

Asia Pacific Diisopropyl Ether Price

Q3 2024:

The Asia Pacific market for diisopropyl ether in Q3 2024 experienced a marked reduction in prices. This trend was driven by low interest from downstream sectors, such as building and solvents, paired with supply chain challenges including international port blockage and operational delays. China, especially, saw the most notable price drops as oversupply exerted downward pressure. The quarter's initial half noted a gradual decrease, which accelerated as the period progressed. The prevailing market sentiment remained negative, with limited recovery due to ongoing challenges in supply and distribution channels.

Q4 2023:

In the last quarter, the market in Asia faced a decline due to an abundance of supply and lower demand from industries like paint thinners and cleaning agents. Due to a drop in exports, inventory levels rose, resulting in reduced solvent usage. Although there was an increase in feedstock availability due to North American refinery recovery, demand still stayed low. Lower prices were caused by decreased purchasing and fewer orders from manufacturers across the region. The market remained subdued as supplies exceeded demand, especially in stain and cleaning remover products. 

This diisopropyl ether price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Diisopropyl Ether Price

The analysis of diisopropyl ether prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Diisopropyl Ether Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Diisopropyl Ether Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of diisopropyl ether pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of diisopropyl ether at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of diisopropyl ether price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing diisopropyl ether price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Diisopropyl Ether Market Analysis

The global diisopropyl ether market size reached 476.1 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 648.9 Thousand Tons, at a projected CAGR of 3.50% during 2023-2032.

• The market is experiencing robust growth, driven by the expanding demand for DIPE in the pharmaceutical industry due to its utility as a solvent in the synthesis of various pharmaceutical compounds.
• Moreover, the growing adoption of DIPE in the production of pesticides and herbicides, driven by the escalating need for crop protection solutions amid expanding agricultural activities, is bolstering the market growth.
• In confluence with this, the rising use of DIPE as a solvent in the manufacturing of perfumes and fragrances, attributed to its ability to dissolve a wide range of aromatic compounds effectively, is creating a positive outlook for market expansion.
• The increasing utilization of DIPE as a key component in the production of hydraulic fluids and brake fluids, owing to its favorable properties such as high thermal stability and low volatility, is acting as another significant growth-inducing factor.
• Moreover, the burgeoning demand for DIPE as an extractant in the extraction of natural products, including essential oils and flavors, owing to its excellent solvency and extraction efficiency, is providing an impetus to the market growth.
• The surging demand for DIPE as a reaction medium in various chemical processes, such as Grignard reactions and Williamson ether synthesis, due to its ability to facilitate these reactions efficiently, is aiding market expansion.
• Besides this, the rising application of DIPE as a solvent in the electronics industry, particularly in the production of electronic chemicals and cleaning agents, attributed to its compatibility with a wide range of electronic materials, is strengthening the market growth.
• Additionally, the growing use of DIPE as a carrier solvent in the formulation of adhesives, sealants, and coatings, driven by the expanding construction and automotive industries, is fostering market expansion.
• Furthermore, the increasing adoption of DIPE in laboratory research and analytical chemistry, attributed to its versatility as a solvent and reaction medium, is impelling the market growth.
• Apart from this, the expanding demand for DIPE as a fuel additive in gasoline and diesel engines, aimed at improving combustion efficiency and reducing emissions, is propelling the market forward.

Diisopropyl Ether News

The report covers the latest developments, updates, and trends impacting the global diisopropyl ether market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in diisopropyl ether production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the diisopropyl ether price trend.

Latest developments in the diisopropyl ether industry:

• In May 2024, ExxonMobil completed its acquisition of Pioneer Natural Resources Company, transforming the company's upstream portfolio by more than doubling its Permian footprint. The merger combines Pioneer's acreage, entrepreneurial culture, and deep industry expertise with ExxonMobil's balance sheet strength, advanced technologies, and project development capabilities.
• In June 2023, Japanese oil and gas producer JX Nippon revealed its aim to capture and store five million tonnes of CO₂ per year from refinery projects by 2030. The CO₂ will mainly come from ENEOS Holdings, the Japanese metals and petroleum conglomerate. JX Nippon plans to store the captured CO₂ in offshore saline aquifers. The joint venture, West Japan Carbon Dioxide Storage Survey, will transport carbon off Japan's southernmost island via vessels and pipelines.

Product Description

DIPE is a colorless, volatile liquid with a distinct odor. It is a member of the ether family, characterized by an oxygen atom sandwiched between two hydrocarbon groups. In the case of diisopropyl ether, these hydrocarbon groups are isopropyl (CH3)2CH-.

Synthesized through the reaction of isopropanol with an acid catalyst, diisopropyl ether finds utility in various industrial and laboratory applications. Its primary function is as a solvent. Due to its relatively low boiling point (68.7°C) and good solvency for a wide range of organic compounds, it serves as an excellent medium for chemical reactions, extractions, and as a component in various formulations.

One of its notable applications is as a solvent in Grignard reactions, where it facilitates the formation of highly reactive organomagnesium compounds. Additionally, it finds use in organic synthesis as a solvent for reactions involving sodium and potassium, as well as in the production of various pharmaceuticals and perfumes.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of diisopropyl ether pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting diisopropyl ether price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The diisopropyl ether price charts ensure our clients remain at the forefront of the industry.