Diisononyl Phthalate Market 2019: With Top Key Player and Countries Data: Trends and Forecast 2023, Industry Analysis by Regions, Type and Applications

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Diisononyl Phthalate Market Research Report
Global Forecast till 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Diisononyl Phthalate Market - 2023
Diisononyl Phthalate (DINP) Market
Information by Application (Flooring Roofing,
Wires Cables, Hoses Tubes, Insulation),
End-Use Industry (Automotive, Construction,
Electricals, Footwear, Toy Making, Plastics), and
Region Global Forecast till 2023 Market
Synopsis Diisononyl phthalate (DINP) is a
phthalic acid ester of isononyl alcohol and it is
phthalate-based plasticizer which is primarily
used as an additive in PVC plastics, co-polymers
and resins. The plasticizers significantly
increase the operation ability and flexibility of
the various polymeric materials. In market, the
phthalate plasticizers occur in a colorless and
odorless solid form. The phthalate-based
plasticizers are highly durable, economical and
exhibit excellent resistance against weathering
and temperature resistant. DINP is a high
molecular weight phthalate-plasticizer. DINP is
mainly used to increase the flexibility of the
various PVC products. Some of the substantial
applications of DINP are flooring flooring,
wires cables, hoses tubes, automobile
coatings, coated fabrics, safety gloves,
artificial leather, footwear, and toy making.
Additionally, DINP is widely used in non-PVC
applications such as rubbers, pigments, paints,
printing inks, sealants, and adhesives. According
to the MRFR analysis the global diisononyl
phthalate (DINP) is estimated to grow at a
healthy CAGR of more than 7 to reach over USD
9.5 billion in 2023. The major factors favoring
this growth of the market are surging demand from
major end-use industries namely automotive,
construction, paints coatings, and toy making.
The product is widely used in almost all the
rapidly growing industries such as footwear
making, plastics, and electricals. This is
expected to fuel its demand during the forecast
period. In past few years the global market for
DINP is growing at a robust CAGR on account of
its use its use in manufacturing the food grade
packaging materials. In addition, growing demand
for the high water, chemical, oil, and fuel
resistant rubber in automotive and electronics
applications is likely be the key driver for
Diisononyl Phthalate market during the review
period.
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Diisononyl Phthalate Market - 2023
Regional Analysis Asia-Pacific, North America,
Europe, Latin America, and the Middle East
Africa are the five regions studied for the
global Diisononyl Phthalate market. Asia-Pacific
dominated the global diisononyl phthalate market
in 2017 and is also projected to grow at the
highest CAGR during the forecast period. The
market in this region is witnessing robust growth
during review period owing surging demand for the
product form the major end-use industries such
automotive, construction and electricals. North
America is closely following Asia-Pacific and
held the second largest market share in 2017.
Rapidly growing reconstruction activities and
growing demand for the product in the vast
automotive industry are likely to drive the
growth of regional diisononyl phthalate
market. Europe is another substantial regional
market, wherein the demand for the product from
in automobile industry is increasing at the
healthy CAGR. The Middle East African and Latin
American markets held little market shares in
2017, yet high investment potential and
availability raw material are significantly
driving growth of the market. Market
Segmentation The global diisononyl phthalate
market has been segmented on the basis of
technology, end-use, and region. Based on
technology, the global diisononyl phthalate
market has been segregated into flooring
roofing, wires cables, hoses tubes,
insulation, adhesives sealants, and others. On
the basis of application, the market is
categorized into automotive, electricals,
construction, plastics, footwear, toys making,
rubber, and others. The global diisononyl
phthalate market has been studied with respect to
five regionsAsia-Pacific, North America, Europe,
Latin America, and the Middle East Africa.
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Diisononyl Phthalate Market - 2023
Key Players Some of the key players in the
global diisononyl phthalate market are BASF SE
(Germany), Evonik Industries AG (Germany), Exxon
Mobil Corporation (US), Polynt (Italy),
Mitsubishi Chemical Corporation (Japan), UPC
Technology Corporation (Taiwan), Nan Ya Plastics
Corporation (Taiwan), Eastman Chemical Company
(US), LG Chem (South Korea), KLJ Group (India),
Aekyung Petrochemical Co., Ltd. (South Korea),
and Guandong Chunda Chemical Industry (China),
among others. Intended Audience Diisononyl
Phthalate manufacturers Traders and distributors
of Diisononyl Phthalate Research and development
institutes Potential investors Raw material
suppliers Nationalized laboratories
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