According to the latest report by IMARC Group, “Global Dioctyl Maleate Market Growth, Share, Size, Industry Trends, Opportunity and Forecast 2022-2027“, 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.
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.
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.
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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.
Note: 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.
Global Dioctyl Maleate Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis of region, application and end user.
Breakup by Application:
- Surfactants and Wetting Agents
- Adhesives
- Emulsion Paint
- Plasticizer
- Textile Coating
- Others
Breakup by End User:
- Chemical Industry
- Construction Industry
- Textile Industry
- Pharmaceutical Industry
- Food and Beverage Industry
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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