The latest research study “Dioctyl Maleate Market Analysis: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global dioctyl maleate market reached a value of US$ 269.54 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 330.18 Million by 2027, exhibiting a CAGR of 3.30% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Dioctyl maleate (DOM) is a transparent, colorless liquid with an ester-like odor. It is miscible with organic solvents and widely used as a chemical intermediate in various chemical processes. It is also used as a co-monomer in vinyl and acrylic emulsion polymerization for paints, adhesives, surfactants, textile coatings, and wetting agents and a safer alternative to common phthalate-based plasticizers like dioctyl phthalate (DOP). Besides this, DOM finds extensive applications across construction, adhesive, and food and beverage (F&B) industries.
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Global Dioctyl Maleate Market Trends and Drivers:
The market is primarily driven by the escalating demand for convenient and packaged food products as DOM is widely utilized in food packaging, paper plates, and cutlery. In addition, the rising product adoption in the construction industry to make adhesives, flooring underlayment, concrete, pre-finished panels, waterproofing, ceramic tiles, and roofing represents another major growth-inducing factor. Besides this, DOM functions as an emollient, plasticizer, and skin-conditioning agent in manufacturing personal care and cosmetics products, such as moisturizers, cleansers, makeup, shampoos, conditioners, and styling aids. This, coupled with the shifting consumer preferences toward waterproof and heat-resistant apparel and fabrics, is increasing the demand for DOM to manufacture textile coatings for leather and sports clothing. On account of these factors, the market is expected to witness positive growth in the coming years.
|Dioctyl Maleate Market Report Scope|
|Market size value in 2021||US$ 269.54 Million|
|Market forecast in 2027||US$ 330.18 Million|
|Growth Rate||CAGR of 3.30% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Application, End User and Region|
|Regional scope||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Key companies profiled||Biesterfeld AG, Celanese Corporation, ESIM Chemicals, Hallstar Company, Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Nayakem Organics Pvt. Ltd., Polynt S.p.A., TCI Chemicals (India) Pvt. Ltd. and Yuanli Chemical Group Co. Ltd.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization preview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
The report has been segmented the market into following categories:
Breakup by Application:
- Surfactants and Wetting Agents
- Emulsion Paint
- Textile Coating
Breakup by End User:
- Chemical Industry
- Construction Industry
- Textile Industry
- Pharmaceutical Industry
- Food and Beverage Industry
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
List of Major Key Players:
The major players in the market are Biesterfeld AG, Celanese Corporation, ESIM Chemicals, Hallstar Company, Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Nayakem Organics Pvt. Ltd., Polynt S.p.A., TCI Chemicals (India) Pvt. Ltd. and Yuanli Chemical Group Co. Ltd.
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