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 4.2% in the forecast period of 2023 to 2030 and is expected to reach USD 145,802.77 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%.
Opportunities
- Increasing use of diethyl phthalate to produce plasticizers for automotive industry
In today’s world, there is huge need to decrease weight and fuel usage. Therefore, diethyl phthalates are used in automotive plastics as one of the primary materials. One-third part of an average automotive vehicle is made up of plastic which include dashboards, engine covers, seating, interior wall panels, carburetors, handles, cable insulation, truck bed liners and many others. Polypropylene, polyvinyl chloride, polystyrene, polycarbonate and polyethylene are some of the plastics which are applied in building automotive vehicles. Diethyl phthalate is one of the widely used plasticizers to make these plastics and polymers. They make the plastic more flexible. Moreover, DEP is a biodegradable material and is also used in the manufacturing of automotive parts and tubes used in medical treatment and diagnostics.
Diethyl Phthalate Market Scope
The diethyl 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.
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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 U.K., Russia, France, Spain, Italy, Germany, Turkey, Netherlands, Switzerland, Belgium, Luxemburg, and Rest of Europe.
Germany is expected to dominate the phthalate market because of the rising demand for diethyl phthalate from plastic industry.
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 Europe 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.
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.
Key questions answered in the report:
- What will the market development pace of Diethyl Phthalate market?
- What are the key factors driving the Global Diethyl Phthalate market?
- Who are the key manufacturers in market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Diethyl Phthalate market?
- Who are the distributors, traders, and dealers of Diethyl Phthalate market?
- What are the Diethyl Phthalate market opportunities and threats faced by the vendors in the Global Diethyl Phthalate industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
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