Asia-Pacific Diethyl Phthalate Market Growing with a CAGR of 4.4%,Top Players, Industry Trends, Opportunity Analysis, Market Competition, Market Analysis Insight

The diethyl phthalate market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.4% in the forecast period of 2023 to 2030 and is expected to reach USD 352,029.05 thousand by 2030. The major factor driving the growth of the Diethyl Phthalate market is the Increasing consumption of cosmetics and personal care products from cosmetic industries and the rising demand for diethyl phthalate from plastic industry.

The diethyl phthalate market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.

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Market Definition

Diethyl phthalate is a chemical compound that belongs to the phthalate ester family and is a diethyl ester of phthalic acid. Diethyl phthalate is a colorless liquid that is clear and slightly denser than water. Diethyl phthalate is not easily flammable. In the industry, diethyl phthalate is also known as solvanol. Diethyl phthalate is typically synthesized via the Ald-Ox or Oxo processes. Diethyl phthalate can also be synthesized by reacting phthalic anhydride with ethanol in presence of concentrated sulfuric acid as a catalyst. Diethyl phthalate purity typically ranges from 98% to 99.5%

Recent Developments

·         In February, Spectrum Chemical Mfg. Corporation Receives GE Distinguished Partner Award for Applied Markets for Second Consecutive Year. This award will help the company to get recognition on larger scale.

·         In December, PCIPL gets recommended again for prestigious ISO certification. Process orientation of the company which is so uncommon amongst most of the distribution companies has given us this edge and is helping us not just in our business but also fetching recognition by professional bodies of high repute like TUV SUD.

Diethyl Phthalate Market Scope

Thediethyl phthalate market is categorized based on purity type, type, application, and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Purity Type

·         High Purity (≤99%)

·         Ultra-High Purity (≥99.5%)

On the basis of purity, the diethyl phthalate market is segmented into high Purity (≤99%) and ultra-high Purity (≥99.5%).

By Type

·         Industrial grade

·         Cosmetic grade

·         Others

On the basis of type, the diethyl phthalate market is segmented into industrial grade, cosmetic grade and others.

Application

·         Plasticizer

·         Binder

·         Cosmetic Ingredient

·         Solvent

·         Alcohol Denaturant

On the basis of application, the diethyl phthalate market is segmented into plasticizer, binder, cosmetic ingredient, solvent, and alcohol denaturant.

End User

·         Packaging

·         Cosmetic & Personal Care

·         Plastics & Polymers

·         Surfactants

·         Agrochemicals

·         Paints

·         Others

On the basis of end-user, the diethyl phthalate market is segmented into packaging, cosmetic & personal care, plastics & polymers, surfactants, agrochemicals, paints and others.

Diethyl Phthalate Market Regional Analysis/Insights

The diethyl phthalate market is segmented on the basis of purity type, by type, applications, and end-user.

The countries in the diethyl phthalate market are the Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, and the Rest of Asia-Pacific.

China dominates in the Asia-Pacific region due to advanced development in technologies.  

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

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Competitive Landscape and Diethyl Phthalate Market Share Analysis

The diethyl phthalate market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the diethyl phthalate market.

Some of the major market players operating in the market are Thirumalai Chemicals Ltd, I G Petrochemicals Ltd., T.C.I. Chemicals (India) Pvt. Ltd., Indo Nippon Chemical Co., Ltd., Agro Extracts Limited., Maharashtra Aldehydes & Chemicals Ltd., MaaS Pharma Chemicals, Nishant Organics Pvt. Ltd., Spectrum Chemical, LobaChemie Pvt. Ltd., Polynt S.p.A., K.L.J. Group, Demon Chemicals Co., Ltd, PCIPL, West India Chemical International among others.

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Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

 

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