The Global Dioctyl Pthalate Market, on the basis of end use industries, is segmented into film & sheet, cable & wiring, consumer goods, medical applications and wall coverings & floorings. Phthalates are a group of chemicals utilized as plasticizersthat offer durability and flexibility to plastics. Phthalates are dialkyl or alkyl aryl esters of 1,2 benzendicarboxylic acid. Plastics with phthalates are typically used in applications like clothing, perfumes, building materials, food packaging, toys and vinyl products. Medical uses of phthalates include blood transfusion bags and tubing, medical devices, intravenous fluid bags and tubing. Hence phthalates are found in solvents and detergents and lubricating oils.Babies are exposed to phthalates via multiple ways.
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Phthalates can be gained via diet which include infant formulas and baby food. Babies receiving multiple treatments, feedings or transfusions via a medical tubing comprising phthalates are likely to be more exposed to phthalates. Infants in Neonatal Intensive Care Unit (NICU) are more prone to phthalate exposure.
Dioctyl phthalate is also known as di (2-ethylhexyl) phthalate (DEHP) and is one of the most widely available general purpose plasticizers.It is the phthalate ester of the alcohol 2-ethyl butyraldehyde by self-synthesis from propylene. DEHP is a plasticizer that offers an all-round performance and is used as a cost-effective alternative in applications for building materials, flooring cables, roof membranes and medical products. It contains additives, which on adding to a particular material augments the flexibility and plasticity of the material making it easy to process and handle.On a commercial basis, dioctyl phthalate market witnessed a double-digit CAGR growth for the assessment period. Overall, the market scenario experienced trajectory growth in demand from the end-use industries ultimately resulting into market growth.
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The key driving factors responsible for the growth of dioctyl pthalate are growth in demand from film and sheets industry, cable and wiring and consumer goods. Additionally, the augmented demands from developing regions worldwide especially APEJ regionshave contributed more towards the growth of market. Moreover, its use as a plasticizer and cost effectiveness of dioctyl phthalate contributes to the growth of market. However, availability of substitute devices by non- phthalate plasticizers such as in food and medical devices is likely to impede the dioctyl pthalate market growth.
On the basis of geographic segmentation, the global dioctyl pthalate market spans North America, Europe, APEJ, Japan, Middle-East and Africa. APEJ regions were anticipated to grow at a higher CAGR during the assessment period and were mainly driven by the growth in demand for dioctyl pthalate from China. The key players in the global dioctyl pthalate market include Eastman Chemical Company, LG Chem Ltd, Sinopec Jinling Petrochemical Co Ltd, Hefei TNJ Chemical Industry Co Ltd, UPC technology Corp.
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