Dioctyl Maleate Market: Introduction
Dioctyl Maleate is a type of maleic acid which is manufactured by reacting 2-ethylhexanol with maleic anhydride and esterification catalyst and acts as non-phthalate plasticizer. Dioctyl Maleate is used in the manufacturing of emulsion paints, chemical Intermediates, resins to provide flexibility and elasticity, coating applications, and as a phthalate-free alternative to common phthalate-based plasticizers such as Dioctyl phthalate (DOP). Dioctyl Maleate serves as a key intermediate raw material in the production of dioctyl sulfosuccinate (DOSS) salts.
The chemical formula of Dioctyl Maleate is C20H36O4, and its CAS-number is 142-16-5.
Dioctyl Maleate is widely used in the manufacturing of textile coatings used in leather, packaging, and sports clothing. Textile coatings on leather make it more rigid and durable. It is extensively used in the cosmetic industry as moisturizer and as an external soothing agent, reducing irritation and soreness of the skin.
Dioctyl Maleate Market: Dynamics
Demand for textile coatings in the textile industry, driven by the rising production of waterproof and heat-resistant apparel and fabrics is projected to drive demand of Dioctyl Maleate. Dioctyl Maleate is used in the manufacturing of construction adhesives, which find extensive application in ceramic tiles, concrete, flooring underlayment, pre-finished panels, water proofing, and roofing.
Dioctyl Maleate usage is increasing the quality products in personal care industry, thus the personal care sector likely to act as an opportunity in the future years. In developing countries, the considerable investments in the development of infrastructure in the industrial and commercial sector is expected to drive the demand for dioctyl maleate market in the upcoming years.
Dioctyl Maleate has very low production in developing countries and skilled workforce and modern equipment’s is also an important restraint. The imbalance between the supply and demand of dioctyl maleate market creates more opportunities for new producers.
COVDI-19 crisis impact
The ongoing COVID-19 pandemic will act as a hindrance to construction and industrial activities across all end use sectors, with the industrial sector to take the hardest hit and capital investments to be subdued. However, the demand for dioctyl maleate is expected to come back to previous levels by the second quarter of 2021.
Dioctyl Maleate Market: Segmentation
The dioctyl maleate market can be segmented as follows.
Based on the end use, the dioctyl maleate could be categorized as:
Based on the application type, dioctyl maleate could be categorized as:
Dioctyl Maleate Market: Regional Outlook
Asia-Pacific has been a prominent regional market with a high concentration of industries producing plasticizers in the region, which has contributed to its significant share in the global plasticizer market. Countries like India, China and Japan are considerably increased the usage of plasticizer in the construction materials, medical devices, cables, wires and roofing materials has surged the sales in the region compared to other regions. Thus the regions is estimated to account for a large share of the demand for Dioctyl Maleate.
North America is a key demand market for dioctyl maleate, with significant demand from the food and pharmaceutical industrial sectors. Also, large number of dioctyl maleate manufacturers are based in USA, which makes it a supply hub for dioctyl maleate in North America region.
The significant expansion of the food and pharmaceutical industry across Asia Pacific region and increasing application will drive the regional market of dioctyl maleate across the region over the forecast period.
In Europe countries like Germany, France are anticipated to have prominent growth of dioctyl maleate market owing to its application in food and pharmaceutical industrial sectors.
Dioctyl Maleate Market: Market Participants
List of some of the prominent market participants in dioctyl maleate market are:
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