Diisononyl phthalate (DINP) is a phthalate utilized as a plasticizer. DINP is basically a mixture of chemical compounds consisting of various isononyl esters of phthalic acid, and further, it is commonly used in a large variety of plastic items. Plasticizers mostly increase the pliability as well as the flexibility of polymeric materials. Phthalate plasticizers are basically odorless, colorless, durable, economical, weather & temperature resistant. DINP is further classified as a high molecular weight phthalate plasticizer. DINP is mainly used to increase the flexibility of PVC products such as vinyl flooring, garden, wire, hoses, cable insulation, automobile undercoatings, coated fabrics, stationery, gloves, tubing, footwear, artificial leather, roofing materials, and toys. Non-PVC products containing DINP include rubbers, inks, lacquers, sealants, adhesives, pigments, and paints.
MARKET DYNAMICS
The diisononyl phthalate market has witnessed a significant growth owing to factors such as wider application in flooring & wall coverings, wire & cable, film & sheet, coated fabrics, consumer goods, and others. The growing demand for flooring & wall coverings in the building & construction industry is driving this market. PVC is a widely used polymer in flooring & wall coverings, wires & cables, films & sheets, coated fabrics, and consumer goods applications. The Asia Pacific, along with Europe, are the largest consumers for DINP. The growing demand for electronics, automobiles, electrical wirings, and textiles are the main drivers for this market. Phthalate plasticizers are further used as food contact material as well as for the manufacturing of teethers for babies. Soft PVC plasticized with DINP is utilized for underbody coatings & sealants in the automotive industry. However, DINP is known to leach into the food products and further cause toxicity. This is a prime restraining factor for their usage in food and baby products. Nevertheless, with the steady growth in the chemical processing industry and automotive industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Diisononyl Phthalate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diisononyl phthalate market with detailed market segmentation by application, polymer type, and geography. The global diisononyl phthalate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading diisononyl phthalate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Diisononyl Phthalate market is segmented on the basis of application, and polymer type. The diisononyl phthalate market on the basis of the application is classified into flooring & wall covering, wire & cable, film & sheet, coated fabrics, consumer goods, and others. On the basis of polymer type, global diisononyl phthalate market is bifurcated into PVC, acrylics, polyurethanes, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diisononyl phthalate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The diisononyl phthalate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the diisononyl phthalate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the diisononyl phthalate market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global diisononyl phthalate market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Diisononyl Phthalate market are anticipated to lucrative growth opportunities in the future with the rising demand for diisononyl phthalate in the global market. Below mentioned is the list of few companies engaged in the diisononyl phthalate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diisononyl phthalate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aekyung Petrochemical
- BASF SE
- Evonik Industries
- Exxonmobil
- KLJ Group
- LG Chem
- Mitsubishi Chemical Holdings Corporation
- Nan Ya Plastics
- Shandong Qilu Plasticizers
- UPC Group
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