Dioctyl Maleate Market: Introduction
Dioctyl Maleate is a maleic acid which is manufactured by reacting 2-ethylhexanol with maleic anhydride and esterification catalyst and acts as non-phthalate plasticizer. Dioctyl Maleate is used in the manufacturing of emulsion paints, chemical Intermediates, resins to provide flexibility and elasticity, coating applications, and as a phthalate-free alternative to common phthalate-based plasticizers such as Dioctyl phthalate (DOP). Dioctyl Maleate serves as a key intermediate raw material in the production of dioctyl sulfosuccinate (DOSS) salts.
The chemical formula of Dioctyl Maleate is C20H36O4, and its CAS-number is 142-16-5.
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Dioctyl Maleate is widely used in the manufacturing of textile coatings used in leather, packaging, and sports clothing. Textile coatings on the leather make it more rigid and durable. It is extensively used in the cosmetic industry as moisturizer and as an external soothing agent, reducing irritation and soreness of the skin.
Dioctyl Maleate Market: Dynamics
Demand from construction based adhesives, such as in ceramic tiles, concrete, flooring underlayment, pre-finished panels as well as water proofing, and roofing is identified to be the major growth driver of Dioctyl Maleate Market. Furthermore, the production of waterproof and heat-resistant apparel and fabrics for textile coatings is also expected to fuel the demand of Dioctyl Maleate.
Another major field of application for dioctyl maleate is within the personal care products which is likely to act as an opportunity provided the burgeoning sales and market growth associated with them.
Dioctyl Maleate market is considered to be highly competitive owing to the presence of tier-1 and medium to small scale manufacturers.
Dioctyl Maleate has very low production market in developing countries and skilled workforce and modern equipment’s is also an important restraint in global markets. The imbalance between the supply and demand of dioctyl maleate market creates more opportunities for new entrants.
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COVDI-19 crisis impact
The ongoing COVID-19 pandemic will act as a hindrance to construction and industrial activities across all end use sectors, with the industrial sector to take the hardest hit and capital investments to be subdued. However, after the release of vaccine into market the demand for dioctyl maleate is expected to grow in the near future.
Dioctyl Maleate Market: Regional Outlook
In developing countries, the considerable investing in the growth of infrastructure in the industrial and commercial sector, which is expected to drive the demand for dioctyl maleate market in the upcoming years.
Asia-Pacific has been a prominent regional market contributing the high number of industries producing plasticizer in the region, which has contributed to a significant share of the global plasticizer market. Countries like India, China and Japan are considerably increased the usage of plasticizer in the construction materials, medical devices, cables, wires and roofing materials has surged the sales in the region compared to other regions.
North America is a also identified as a key market for dioctyl maleate, with significant demand from the food and pharmaceutical industrial sectors. Also, large number of dioctyl maleate manufacturers are based in USA, which makes it a supply hub for dioctyl maleate in North America region.
The significant expansion of the food and pharmaceutical industry across Asia Pacific region and increasing application will drive the regional market of dioctyl maleate across the region over the forecast period.
In Europe countries like Germany, France are anticipated to have prominent growth of dioctyl maleate market owing to its application in food and pharmaceutical industrial sectors.
Dioctyl Maleate Market: Market Participants
List of some of the prominent market participants in dioctyl maleate market are:
- Jubilant Life Sciences
- Scientific Polymer Products
- Loba Chemie Pvt Ltd
- Nacalai Tesque Inc
- VWR International
- Chem Service Inc
- Tokyo Chemical Industry UK Ltd
- Kanto Chemical Co
- Shandong Yuanli Science and Technology Co
- Celanese Corporation
- Polynt Spa
- Hangzhou Qianyang
“The research report on dioctyl maleate market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The dioctyl maleate market report also contains projections using a suitable set of assumptions and methodologies. The research report on dioctyl maleate market provides analysis and information according to market segments such as of product type, by installation and by material and by application.
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