Diisopropyl Ether Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Diisopropyl Ether in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Diisopropyl Ether Price Trend for the H1 of 2023

Asia

A series of fluctuations were observed in the diisopropyl ether price trend in the first and second quarters of 2023. The region's market dynamics were affected by the reduced upstream prices and increasing pressure on the fluctuating crude oil prices due to heavy sanctions imposed on trade with Russia. A slight incline was, however, observed towards the end of the first quarter. The second quarter witnessed an increase in inventory levels with a significant drop in the consumption rates of consumers that adversely affected diisopropyl ether prices.

Europe

During the initial months of both the first and second quarters, the price trend of diisopropyl ether rose slightly with the support of firm supply-demand equilibria. But in the following months, the number of offtakes from the end-user industries declined, and the slow activity of the construction sector negatively impacted the European diisopropyl ether market. Additionally, the restricted movement in the consumer sector and rising levels of inventories and soaring inflation rates led to the decline in the prices of diisopropyl ether.

North America

With stable supply-demand equilibria, diisopropyl ether prices remained stagnant in the first quarter of 2023. It rose slightly during the initial months of the second quarter due to the low availability of the product in the market. But soon enough, the speed of the recession caught up with the inclining market activities, and as a result, the labour went on strike, which drove the production costs. In addition to this, the sluggish trend of downstream paints and construction sectors also reduced their demand for diisopropyl ether, which further aided the declining prices.

Analyst Insight

According to Procurement Resource, the price trend of diisopropyl ether is expected to showcase a declining trajectory, given the slow demand and the approaching global recession.

Procurement Resource provides latest prices of Diisopropyl Ether. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Diisopropyl ether, also known as isopropyl ether, is an organic compound with the molecular formula (CH3)2CHOCH(CH3)2. It is a colorless liquid with a low boiling point and a characteristic ether-like odor. Diisopropyl ether is commonly used as a solvent in various chemical reactions, especially in Grignard reactions and other organometallic syntheses. Its ability to dissolve a wide range of substances makes it a versatile industrial solvent.

Product Details

Report Features Details
Product Name Diisopropyl Ether
Chemical Formula C6H14O
Industrial Uses Chemical synthesis, Adhesives and coatings, Polymers, Pharmaceuticals, Fuel and additives
HS Code 29091900
CAS Number 108-20-3
Molecular Weight 102.18 g/mol
Synonyms DIPE, 2-[(Propan-2-yl)oxy]propane, Isopropyl Ether
Supplier Database Exxon Mobil, Haike Group, JX Nippon Oil and Energy, Xinhua Chemical, Changzhou Puhua, INEOS
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

The first step involves hydrolyzation of propylene in the presence of a catalyst to produce isopropanol. Additionally, under etherification-friendly conditions, the resulting isopropanol interacts with propylene once more to produce diisopropyl ether.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.


Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.


Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.