About Dibasic Ester
Dibasic ester is a refined mixture of dimethyl esters of adipic, glutaric, and succinic acids, available as a liquid non-flammable, readily biodegradable, and non-corrosive with a mild fruity odor. It offers a unique combination of high solvency power, low volatility, low cost, and high flash point. Easily soluble in alcohol and only slightly soluble in water, dibasic esters are colorless, clear, and have a slightly fruity odor. To meet the market demands, it can be fractionated into other mixtures and pure components to meet market demands.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global Dibasic Ester market is fragmented in nature as more players are producing and supplying the material for the end-use industry, to fulfill the growing demand. Moreover, the demand for an alternative substance has increased in recent years, which will boost the demand for DBE further, providing growth opportunities to the market players. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dibasic Ester market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Invista (United States), John R. Hess & Company, Inc. (United States), Silver Fern Chemical Inc. (United States), Ascend Performance Materials (United States), Bell Chem (United States), Santa Cruz Biotechnology, Inc. (United States), Merck KGaA (Germany), Connect Chemicals (Germany), Solvay SA (Belgium) and Prasol Chemicals Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Banner Chemicals Limited (United Kingdom), Shandong Yuanli Science and Technology Co., Ltd. (China), T&J Chemicals Pte Ltd. (Singapore), Comet Chemical Company Ltd. (India), Redox Pty Ltd. (Australia), Carl Roth GmbH + Co KG (Germany) and PT Lautan Luas Tbk (Indonesia).
Segmentation Overview
AMA Research has segmented the market of Global Dibasic Ester market by Type (DBE-2, DBE-3, DBE-4, DBE-5, DBE-6 and DBE-9), Application (Lubricants, Solvents, Plasticizers, Additives, Spin Finishes and Others) and Region.
On the basis of geography, the market of Dibasic Ester has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Composition, the sub-segment i.e. Dimethyl Adipic Acid will boost the Dibasic Ester market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use Industry, the sub-segment i.e. Paints & Coatings will boost the Dibasic Ester market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Dibasic Ester market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increase In Commercial Acceptance and Use of Dimethyl Esters and Dibasic Esters In End-Use Industry Due to Their Positive Economic, Environmental and Performance Characteristics and An Alternative to More Conventional and Increasingly Regulated Materials and Industrial Solvents, Including, MEK, Methylene Chloride, Isophorone, and Others
Challenges:
Continuous Monitoring Of the Chemical by Environmental Authorities Owing to Hazardous Nature of Dimethyl Succinate
Restraints:
Stringent Regulations and Standards for Environmental and Health
Opportunities:
Growing Demand from Fertilizers and Agrochemicals Industries
In June 2023, Ascend Performance Materials has launched ReDefyne™, a portfolio of sustainable polyamides created with up to 100% pre- and post-consumer recycled polyamide.
The Toxic Substances Control Act of 1976 provides EPA with authority to require reporting, record-keeping and testing requirements, and restrictions relating to chemical substances and/or mixtures. Certain substances are generally excluded from TSCA, including, among others, food, drugs, cosmetics, and pesticides.
Key Target Audience
Dibasic Ester Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Research Institutes, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.