About Dioctyl Phthalate
Dioctyl phthalate is a colorless viscous liquid, which is non-soluble in water. It is manufactured by the reaction of 2-ethylheaxanol with phthalic anhydride in the presence of catalyst sulfuric acid. Dioctyl phthalate market has high growth prospects due to demand of vinyl upholstery, tablecloth, raincoat, curtains and others. Further, increasing demand for plasticizers and rising diverse applications of cables & wiring, films and sheets activities expected to drive the market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dioctyl Phthalate is a fragmented market due to the presence of various players. The many changes within the industry underscore the fact that there is an increasingly more competitive landscape. The players are focusing on planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Dioctyl Phthalate 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.
Eastman Chemical Company (United States), Saudi Basic Industries Corporation (Saudi Arabia), KLJ Plasticizers Ltd. (India), UPC Technology Corp. (Taiwan), LG Chem Ltd. (South Korea), Aekyung Petrochemical Co., Ltd. (South Korea), Hanwha Chemical Co, Ltd. (South Korea), Shandong Blue Sail Chemical Co., Ltd. (China) and Kaifeng Jiuhong Chemical Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dioctyl Phthalate market by , Application (Paints, Lacquers, Inks, Adhesives and Sealants) and Region.
On the basis of geography, the market of Dioctyl Phthalate 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 End Users, the sub-segment i.e. Electrical & Electronic will boost the Dioctyl Phthalate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
supply and demand in Dioctyl Phthalate.
Market Growth Drivers:
Increasing Demand at Plastic Industry. and Rapid Demand of Dioctyl Phthalate for Flooring, Wall Covering and Roofings.
Challenges:
Stringent Government Rules And Regulations and Substitutes Available For dioctyl phthalate.
Restraints:
Side Effects Associated within dioctyl phthalate. and Lack of Research and Developments restrain the market.
Opportunities:
Upsurge Demand of dioctyl phthalate in electronic gadgets, laptops and cables. and Companies Are Focus On R&D Activities
Market Leaders and their expansionary development strategies
In October 2023, SABIC, a global leader in the chemical industry, launched a new portfolio of 10 LNP™ ELCRIN™ copolymer resins that can reduce carbon footprint while delivering desirable performance properties and aesthetics. Adopting these polycarbonate (PC)-based copolymer materials, which contain up to 75 percent certified post-consumer recycled (PCR) content, can help customers advance their sustainability initiatives without sacrificing key attributes.
In January 2023, Eastman’s continued commitment to environmentally friendly products, the company has been recognized by Green Seal® for its Eastman Optifilm enhancer 400. OE 400 is a low-VOC-emitting, low-odor coalescent that is compatible with a variety of latex types. Its efficiency aids in the development of latex paints, resulting in a formula with balanced performance properties.
Key Target Audience
Dioctyl Phthalate Manufacturers, Dioctyl Phthalate Traders, End-Use Market Participants of Different Segments of Dioctyl Phthalate, Government and Research Organizations, R&D Institutions 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.