Diethyl Phthalate Market Is Expected To Reach USD 698,414.17 Thousand By 2030

PRESS RELEASE
Published October 25, 2023

The report aims to offer a comprehensive perspective on the Diethyl Phthalate Market 2030. It offers an industry overview, encompassing market growth analysis from both historical and futuristic perspectives, focusing on key parameters such as revenue, demand, and supply data where applicable. The study provides regional estimates, forecasts, and trend analysis for numerous countries, including the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxembourg, and the rest of Europe, as well as Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, the Philippines, and the rest of Asia-Pacific. Additionally, it covers Brazil, Argentina, the rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa, and the rest of the Middle East and Africa, among others. The report also addresses the impact of COVID-19 and provides forecasts for post-COVID-19 recovery.

Data Bridge Market Research analyses that the market is growing with a CAGR of 4.1% in the forecast period of 2023 to 2030 and is expected to reach USD 698,414.17 thousand by 2030.

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Global Diethyl Phthalate Market Prominent Players:

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.

Global Diethyl Phthalate Market Scope:

Purity Type

  • High Purity (≤99%)
  • Ultra-High Purity (≥99.5%)

By Type

  • Industrial grade
  • Cosmetic grade
  • Others

Application

  • Plasticizer
  • Binder
  • Cosmetic Ingredient
  • Solvent
  • Alcohol Denaturant

End User

  • Packaging
  • Cosmetic & Personal Care
  • Plastics & Polymers
  • Surfactants
  • Agrochemicals
  • Paints
  • Others

Drivers:

  • Increasing consumption of cosmetics and personal care products

The consumption of cosmetic and personal care products have showed a significant rise due to the increasing emphasis between individuals on skin health and personal hygiene. The young generation knows the importance of skin care and have started to use such cosmetics and personal products such as nail polishes, hair sprays, aftershave lotions, cleansers, and shampoos on a large scale. The anti-aging and sun protection products have a high user base because the consumers are becoming aware of the appearance and harmful sunrays. In addition, increasing economy and developing lifestyle have seen rise in spending on personal grooming especially among the women. Such developing cosmetics and personal care products have expanded over the years and the future . In addition, technological advancements in personal products will drive the global diethyl phthalate market in the upcoming years.

  • Rising demand for diethyl phthalate from plastic & polymer industry

Diethyl phthalate is used in polymer and plastics industry to make the end product more flexible. Accelerated industrialization, increase in income, changing lifestyle and increased application of polymer based products in day to day life have cause the upsurge of polymer industry. The polymer are used in healthcare, agriculture, clothing, housing, furniture, electronics and construction. A plasticizer or softener is a substance or material incorporated in a material (usually a plastic or elastomer) to increase its flexibility, workability or distensibility. A plasticizer may reduce the melt viscosity, lower the temperature of the second order transition or lower the elastic modulus of the melt.

  • Adoption of diethyl phthalates in modern agricultural techniques

Diethyl phthalate is used in agrochemicals to keep away insects and pests from crops. Due to increasing insects attack on crops, the insecticides demand are too rising. Inert ingredients such as diethyl phthalate are utilized in pesticides that are applied to animals for food production. This is turns is expected to drive the use of diethyl phthalate in insecticides and pesticides, which generally adds to the growth of farmer income.

Furthermore, these phthalic acid esters do not only leach from packaging into fertilizers and pesticides, they are also used as a solvent in many pesticides. In modern agriculture, vast use of PVC pipes are being done in agriculture. To make this PVC pipes, diethyl phthalate are used as plasticizers.

Browse Report Description:

https://www.databridgemarketresearch.com/reports/global-diethyl-phthalate-market?Pradip

Table of Content of Diethyl Phthalate Market:

1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Diethyl Phthalate market.

2: Exclusive Summary – the basic information of the Global Diethyl Phthalate Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Diethyl Phthalate; Post COVID Analysis.

4: Presenting the Global Diethyl Phthalate Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country.

6: Evaluating the leading manufacturers of the Global Diethyl Phthalate Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions.

 To be continued

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