$3.23 Billion Diisononyl Phthalate (DINP) Market - Global Forecast to 2024
DUBLIN, Sept. 30, 2019 /PRNewswire/ -- The "Diisononyl Phthalate (DINP) Market by Polymer type (PVC, Acrylics, Polyurethanes), Application (Flooring & Wall Covering, Wire & Cable, Film & Sheet, Coated Fabrics, Consumer Goods, and Others), and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The DINP market size is projected to reach USD 3,235 million by 2024 at a CAGR of 4.0% between 2019 and 2024.
There is increased demand for flooring & wall covering in the emerging countries of APAC such as China, India, Taiwan, and South Korea. However, stringent safety regulations related to the production of phthalate based plasticizers are restraining the growth of the DINP market. Growing demand for flexible PVC in emerging economies is, however, providing growth opportunities for DINP manufacturers.
DINP is a high molecular weight, general-purpose plasticizer, which is majorly used in PVC applications. DINP imparts various properties, such as flexibility, durability, toughness, good weather, thermal, and chemical resistance, and processability to PVC and other polymers. The major applications of DINP include flooring & wall covering, wire & cable, film & sheet, coated fabric, consumer goods, and others. PVC is the largest and fastest-growing type of polymer in the market.
The demand for DINP is increasing owing to the increasing demand for flexible PVC in various industries such as building & construction, but the regulations imposed on the usage of phthalate plasticizers are hindering the market growth.
The major players in this market are BASF SE (Germany), ExxonMobil (US), Evonik Industries (Germany), UPC Group (Taiwan), KLJ Group (India), LG Chem (South Korea), Nan Ya Plastics (Taiwan), Aekyung Petrochemicals (South Korea), Shandong Qilu Plasticizers (China), and Mitsubishi Chemical Holdings Corporation (Japan).
These players have adopted the strategy of investment & expansion to expand their presence in the market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Flexible PVC in Emerging Economies
5.2.1.2 Increasing Building & Construction Industry in Emerging Economies
5.2.2 Restraints
5.2.2.1 Stringent Regulations for the Use of Phthalate Based Plasticizers
5.2.3 Opportunities
5.2.3.1 DINP Plasticizer is Replacing Dehp Due to Regulatory Issues With the Use of Dehp
5.2.4 Challenges
5.2.4.1 Deviation From Phthalate Plasticizers to Non-Phthalate Plasticizers
5.3 Porter's Five Forces Analysis
5.4 Diisononyl Phthalate Market, Raw Material Analysis (Phthalic Anhydride and Isononyl Alcohol)
5.5 Diisononyl Phthalate Market, Macroeconomic Indicators
5.5.1 Building & Construction
5.5.2 Electronics Industry
6 Diisononyl Phthalate Market, By Application (In Terms of USD Million and Kilotons)
6.1 Introduction
6.2 Flooring & Wall Covering
6.2.1 Higher Durability, Energy Efficiency, Weather Resistance, and Stain Resistance Properties Offered By DINP in PVC Polymer is Helping the Market Grow in This Segment
6.3 Wire & Cables
6.3.1 The Low Volatility of DINP Makes PVC Suitable for Use in High Temperatures and Resistant to Degradation
6.4 Film & Sheets
6.4.1 High Abrasion Resistance and Colorfastness are Among the Major Properties Provided By DINP in PVC-Based Films and Sheets
6.5 Coated Fabrics
6.5.1 Increased Durability and Low Material Cost are the Prime Advantages of PVC-Coated Fabrics
6.6 Consumer Goods
6.6.1 Non-Toxic Nature of DINP is Increasing Its Use in PVC for Consumer Goods
6.7 Others
6.7.1 Medical Devices
6.7.2 Adhesives & Sealants
6.7.3 Paints & Inks
6.7.4 Synthetic Leather
6.7.5 Technical Foils
6.7.6 Lacquers and Lubricants
7 Diisononyl Phthalate Market, By Polymer (In Terms of USD Million and Kilotons)
7.1 Introduction
7.2 Polyvinyl Chloride
7.2.1 The Growing Building & Construction Industry is Expected to Boost the Market in the PVC Segment
7.3 Acrylics
7.3.1 The Cost-Effectiveness and Reusability of Acrylics is Expected to Drive the Market
7.4 Polyurethanes
7.4.1 Flexible Polyurethanes are Used in A Wide Range Industrial and Consumer Products
7.5 Others
7.5.1 Rubber
7.5.2 Polyethylene Terephthalate
7.5.3 Polystyrene
8 Diisononyl Phthalate Market, By Region (In Terms of USD Million and Kilotons)
Company Profiles
- Aekyung Petrochemicals
- BASF
- Evonik Industries
- Exxonmobil
- KLJ Group
- LG Chem
- Mitsubishi Chemical
- NAN Ya Plastics
- Shandong Qilu Plasticizers
- UPC Group
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