According to the global dioctyl maleate market report by IMARC Group, finds that the 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), with the formula (C20H36O4), also known as butenedioic acid and dioctyl ester, is a clear, colorless liquid with an ester-like odor. It is insoluble in water, and miscible with methanol, ethanol, acetone, diethyl ether, N, N-dimethylformamide and toluene. It is extensively used as a chemical intermediate and building block in various chemical production processes. It is also applied as a comonomer in vinyl and acrylic emulsion polymerization for paints and adhesives, coating applications, and in the production of derivatives of succinic acid. In addition, it is copolymerized with monomers, such as styrene, vinyl acetate, and acrylates, to provide elasticity and flexibility to the films. As a result, DOM is widely applied across paints and coatings, adhesives, and building and construction industries.
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Dioctyl Maleate Market Trends:
The market is primarily driven by the growing construction activities across the globe due to the increasing population and rising urbanization. In addition, the escalating demand for convenient, packaged food products owing to busy schedules is contributing to market growth as DOM is widely utilized in food packaging, paper plates, cutlery, and small appliances like roasters.
Moreover, the expanding textile industry and the increasing production of waterproof and heat-resistant fabrics and apparel are accelerating the product adoption rate. Additionally, DOM is used as a plasticizer, emollient, and skin-conditioning agent in manufacturing cosmetics products and personal care items, such as moisturizers, cleansers, makeup, shampoos, conditioners, and styling aids. This, coupled with the escalating demand for beauty products due to the growing influence of social media and inflating per capita income, is creating a positive market outlook.
Global Dioctyl Maleate Market 2022-2027 Competitive 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.
Major Players Covered:
- Biesterfeld AG
- Celanese Corporation
- Hangzhou Qianyang Technology Co. Ltd.
- Henan GP Chemicals Co. Ltd.
- Merck KGaA
- Nayakem Organics Pvt. Ltd.
- ESIM Chemicals
- Hallstar Company
- Polynt S.p.A.
- TCI Chemicals (India) Pvt. Ltd.
- Yuanli Chemical Group Co. Ltd.
The report has segmented the market on the basis of application, end user and region.
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
• Asia Pacific
• Europe
• Latin America
• 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
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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