Market Outlook for Diisobutyl Adipate market:
Diisobutyl adipate is a diester of isobutyl alcohol and adipic acid and is a clear liquid, colorless to light yellowish in color. Diisobutyl adipate (DIBA) is a fatty acid ester also known as hexanedioic acid, which is widely used in cosmetics products such as nail polish and skin care products. In the cosmetics and personal care products, diisobutyl adipate is used to dissolve the active ingredients and UV absorbers in sunscreens, moisturizer etc. Diisobutyl adipate is also used in polymers to reduce the brittleness and cracking of the polymer end product. Diisobutyl adipate has excellent compatibility and plasticity under low temperature with the polymers such as PVC, PVA resin, and with the rubbers such as butyl rubber, nitrile rubber, and neoprene rubber.
Diisobutyl Adipate market: High demand for processed and packaged food to boost the market
The market of diisobutyl adipate in driven by the food packaging and coatings end-use segment. Food and beverage industry is expanding at a tremendous rate and will continue with the same trend in the future. High demand for processed and packaged food is seen in the western countries, which results in the increased demand for diisobutyl adipate.
Following the high demand for the diisobutyl adipate in the food packaging and coatings, diisobutyl adipate is in high demand in the cosmetics industry and plastic industry also. The cosmetics industry is flourishing owing to the increase in the per capita income in Asian countries such as Japan, South Korea, India, and China. The sales of personal care products and sunscreen products are high particularly in these countries. Use of diisobutyl adipate as a solvent in cosmetics is driving the market growth. Since the concerns regarding effects of plastic on the environment are increasing and the alternatives are being developed for plastic, the market of diisobutyl adipate in the plastic industry as a plasticizer is stagnant due to decline in the plastic usage.
Diisobutyl Adipate market segmentation:
Diisobutyl Adipate market segmentation on the basis of product type:
Diisobutyl Adipate market segmentation on the basis of end use:
Diisobutyl Adipate market segmentation on the basis of packaging:
Global Diisobutyl Adipate market: Key players
Merck KGaA, BASF, Lanxess, Dow DuPont Company, Penta Manufacturing Company, Tokyo Chemical Industry Co., Ltd., VWR, Toronto Research Chemicals, BASF, Nayakem Organics Pvt. Ltd., Invista, Kao Group, Alfa Aesar, Carbosynth, Hangzhou Qianyang Technology Co., Ltd. etc. are some of the key players in the global diisobutyl adipate market.
Global Diisobutyl Adipate market: Key developments
Manufacturers of the plasticizers are focused on developing high-performance plasticizers that can have high durability at low temperature for the application in frozen food storage. Polymeric adipates plasticizers are efficient in lowering hardness at low temperatures and have low volatility. With the increase in research and development expenditure diisobutyl adipate is being studied for its further possibility in food packaging and coatings.
With the advent of research and development, fatty acid butyl esters such as diisobutyl adipate and fatty acid propyl esters are being investigated for the production of biodiesel. The depletion of petroleum resources is one of the major problems in the millennium and the search for an alternative is of prime importance. Further research and development in this sector are expected to increase the demand for diisobutyl adipate.
Global Diisobutyl Adipate market: Opportunity
There is an increasing demand for processed foods in the Asian countries because of the adaptation of the western food culture. This attributes to the increasing opportunities for diisobutyl adipate manufacturers in the Asia region in food packaging and coatings. Diisobutyl adipate production is dominated by the European region which is followed by the US. In American and European countries diisobutyl adipate is an established market whereas in the Asia Pacific the market is expected to grow at a high rate.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from diisobutyl adipate industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of the diisobutyl adipate. The report also maps the qualitative impact of various market factors on market segments and geographies.