Research and Markets: Global Diisononyl Phthalate (DINP) Plasticizer Market by Application and by Geography – Analysis & Forecast to 2019
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/6qq34c/global_diisononyl) has announced the addition of the “Global Diisononyl Phthalate (DINP) Plasticizer Market by Application and by Geography – Analysis & Forecast to 2019” report to their offering.
The global DINP plasticizer market is expected to reach a value of $6,042.8 million by 2019, from $4,285.2 million in 2014, at a CAGR of 7.1% from 2014 to 2019
The rising demand for DINP plasticizer from various end-use industries, such as construction, packaging, medical devices, and consumer goods, are contributing to the growth of the DINP plasticizer market across the globe.
Plastics require certain material to give them varied desired properties to serve multiple purposes. Plasticizers are added to plastics to give them fluidity or flexibility. The global plasticizer market is divided into three categories, namely low phthalates, high-phthalates, and non-phthalates.
DINP plasticizer, a high phthalate, is the most commonly used plasticizer worldwide currently, after DOP (Di-Octyl Phthalate). It is extensively used in PVC, toys, electrical insulation, vinyl flooring, and medical devices, among others. Nearly 77% of the total DINP plasticizer demand was for the three major application segments in 2014, namely PVC, toys, and electrical insulation.
The global plasticizers market is witnessing decent growth on account of increasing demand from end-user industries. However, the global DINP plasticizer is having fast growth on account of increasing popularity of high-phthalates, non-phthalates and bio based plasticizer.
The global DINP plasticizer market growth is primarily driven by the trends in the European and North American regions, where DOP plasticizer is being replaced by non-phthalates and high-phthalates such as DOTP, DINP, and DIDP. REACH has restricted the use of DOP plasticizers in the European region, thereby increasing the demand for DINP plasticizers in the region.
The Asia-Pacific region is the largest market for DINP plasticizers, globally, owing to various factos, such as high DINP plasticizer demand from the application markets in the region; cheap labor; low production cost; and ease of business. A considerable amount of investments has been made by various market players to serve the application industries in the near future. The Asia-Pacific market accounted for nearly 59% of the global consumption in 2014. The region is further expected to witness high growth in the near future, mainly due to the high growth potential of the plastic & rubber and healthcare industries in China, India, and other emerging countries in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 DINP Plasticizers Market, By Application
6 DINP Plasticizer Market, By Geography
7 DINP Plasticizer Market: Competitive Landscape
8 DINP Plasticizer Market, By Company
– Aekyung Petrochemical.
– BASF SE
– Eastman Chemical Company
– Evonik Industries AG
– Exxonmobil Corporation
– Guangdong Chunda Chemical Industry Co.
– LG Chem
– Nan Ya Plastics Corporation
– New Japan Chemical Co. Ltd.
– Shandong Qilu
– UPC Technology Corporation
For more information visit http://www.researchandmarkets.com/research/6qq34c/global_diisononyl
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