According to the latest report by IMARC Group, "Global Dioctyl Maleate Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2023-2028", the global dioctyl maleate market size reached US$ 279.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 339.7 Million by 2028, exhibiting a growth rate (CAGR) of 3.12% during 2023-2028.
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.
Dioctyl Maleate Market Trends and Drivers:
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 2023-2028 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.
Dioctyl Maleate Companies:
Hallstar Company, Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Biesterfeld AG, Celanese Corporation, ESIM Chemicals, Nayakem Organics Pvt. Ltd., Polynt S.p.A., TCI Chemicals (India) Pvt. Ltd. and 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
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- 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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