Middle East and Africa Diethyl Phthalate Market Growing with a CAGR of 3.6%, Top Players, Industry Trends, Opportunity Analysis, Market Competition
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 3.6% in the forecast period of 2023 to 2030 and is expected to reach USD 44,840.85 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.
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%
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Recent
Developments
·
In February, Spectrum
Chemical Mfg. Corporation Receives GE Distinguished Partner Award for Applied
Markets for Second Consecutive Year. This award will help the company to get
recognition on larger scale.
·
In December, PCIPL
gets recommended again for prestigious ISO certification. Process orientation
of the company which is so uncommon amongst most of the distribution companies
has given us this edge and is helping us not just in our business but also
fetching recognition by professional bodies of high repute like TUV SUD.
Diethyl Phthalate
Market Scope
Thediethyl 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.
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.
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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 Egypt,
Saudi Arabia, United Arab Emirates, South Africa, Israel, and Rest of the
Middle East & Africa.
Saudi Arabia is dominating the Middle East and Africa diethyl
phthalate market in terms of market share and market revenue with the rising
demand for cosmetic & personal care in the region.
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 Middle East &
Africa 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.
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