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Thursday, 13 May 2021 09:45 GMT

Dioctyl Terephthalate Market Size ,Share 2021: Global Sales Revenue, Emerging Technologies, Growth Status, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2023


(MENAFN - The Express Wire) Dioctyl Terephthalate Market Size ,Share 2021: Global Sales Revenue, Emerging Technologies, Growth Status, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2023

Posted on May 5 2021 9:01 AM

"The Global Dioctyl Terephthalate Market size is estimated detail analysis of Industry size, growth trend, share updates, competitive landscape, Industry Chain structure, and describes industry environment, then analyses market size and forecast of Industrial Vision Sensors by product, region and application, this Dioctyl Terephthalate Market report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. "

Global Dioctyl Terephthalate Market Research Report covers segment data, including: type segment, industry segment, channel segment etc. cover different segment Dioctyl Terephthalate Market size, both volume and value. Also cover different industries client's information, which is very important for the manufacturers.The Dioctyl Terephthalate Market report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. the global Dioctyl Terephthalate Market revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period.

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Dioctyl Terephthalate Market Size (sales, revenue) forecast by regions and countries from 2021 to 2023 of Dioctyl Terephthalate industry.Dioctyl Terephthalate Market with respect to individual growth trends, future prospects, and their contribution to the total market. Dioctyl Terephthalate Market analysis have current study and addition to the potential feature of the market primarily depends upon the facet of the business which compete on the current market, high factors and appropriated analysis. Global Dioctyl Terephthalate Market report consumption (value and volume) by key regions/countries, product type and application.Dioctyl Terephthalate Market Report also mentions market share accrued by each product in the Dioctyl Terephthalate market, along with the production growth.

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Dioctyl Terephthalate Market Report Focuses on the key global Dioctyl Terephthalate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in forecast period.Dioctyl Terephthalate Market Report organizes across the globe into distinct portion based on industry standards. It also distinguishes the market based on geographical regions.

Dioctyl terephthalate (DOTP) is a type of phthalate-free plasticizer that is considered safer than low-chain and ortho-plasticizers due to its excellent toxicological profile. It is colorless and viscous with good plasticizing properties and is, therefore, used as direct replacement for dioctyl phthalate (DOP) and diisononyl phthalate (DINP). Additionally, it also has functional attributes such as thermal resistance, excellent durability, and high transparency.

The global dioctyl terephthalate (DOTP) market was valued at USD 1,108.5 million in 2017 and is projected to reach USD 1,864.7 million by the end of the assessment period at a CAGR of 9.16%. In terms of volume, the global market was valued at 640.6 kilotons in 2017 and is estimated to exhibit a CAGR of 8.22% during the forecast period of 2018 to 2023. The growth of the global dioctyl terephthalate (DOTP) market is driven by rising demand for non-phthalate plasticizers in the production of polyvinyl chloride (PVC). It enhances the plasticity and viscosity of PVC and is ideal for application in the construction and automotive industries. PVC properties such as resistant to moisture and abrasion, non-flammability, dimensional stability, and low cost make it ideal for application in wires & cables, as well as plumbing and flooring. Rapid urbanization has fueled the demand in building and construction industry, as rising residential and non-residential construction projects across the globe have led to an increased demand for PVC. The market is also driven by the stringent regulations imposed on the use of phthalate plasticizers by the EU and the US EPA. The production of 2-ethylhexanoic acid as an intermediate during the biodegradation of DOTP, which can be used as automotive coolant, synthetic lubricant, wetting agent, co-solvent, and defoaming agent in pesticides, is expected to offer lucrative opportunities to the manufacturers in this market. However, high cost of DOTP is a major factor restraining the market growth during the review period.

 

Regional Analysis

The global dioctyl terephthalate (DOTP) market by region is segmented into Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific held the largest market share of 37.8% in 2017, owing to rapid industrialization and infrastructural development activities along with the high production and sales of electrical & electronics products in the region. Moreover, the regional market is driven by the government investments in the development of the region. For instance, the implementation of Net Zero Imports by the Indian Government with a target of reducing the imports of electronics in India, is likely to fuel the demand for DOTP in the electronics manufacturing. It is projected to register a CAGR of 8.45% to be valued at USD 677.6 million by the end of forecast period.

European market emerged as the fastest growing region; registering a CAGR of 10.24% during the review period. It was valued at USD 336.0 million in 2017 and is expected to reach USD 599.8 million by 2023. The growth of the regional market is attributed to the high expenditure on pharmaceuticals industry as well as the high production and sale of electronic devices such as smart phones, laptops, and digital cameras.

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Segmentation

The global dioctyl terephthalate (DOTP) market has been categorized based on product, application, and region. On the basis of product, the global market has been segmented into content 99.5%, content 99%, content 98%, and content 96%. Among these, the content 99.5% dominated the market with a value of USD 465.0 million in 2017. By application, the global market has been divided into consumer goods, wire & cable, film & sheet, coated fabrics, flooring, coated fabrics, medical devices, automobile parts, and gaskets. The consumer goods segment was the leading segment in 2017, accounting for 24.3%. It is projected to register a CAGR of 10.52% during the assessment period.

Key Players

Some of the leading players operating in the global dioctyl terephthalate (DOTP) market are BASF SE (Germany), Eastman Chemical Company (US), Merck KGaA (Germany), OXEA GmbH (Germany), Hanwha Chemical Corporation (South Korea), Penta Manufacturing Company (US), Meltem Kimya Tekstil San. İth. İhr. Ve Tic. A.Ş (Turkey), Shandong Blue Sail Chemical Co., Ltd (China), Hallstar (US), NAN YA PLASTICS CORPORATION (Taiwan), and Grupa Azoty (Poland).

Geographic Analysis

The report covers a brief analysis of geographies including:

•North America

oUS

oCanada

•Europe

oGermany

oSpain

oFrance

oUK

oRussia

oItaly

oBelgium

oPoland

oThe Netherlands

oRest of Europe

•Asia-Pacific

oChina

oIndia

oJapan

oIndonesia

oAustralia & New Zealand

oSouth Korea

oRest of Asia Pacific

•Latin America

oBrazil

oMexico

oArgentina

oRest of Latin America

•Middle East & Africa

oTurkey

oSaudi Arabia

oUAE

oIsrael

oRest of Middle East & Africa

Key Findings

The global dioctyl terephthalate (DOTP) market is estimated to reach USD 1108.5 million by 2023 registering a CAGR of 9.16% during the review period. The content 99.5% emerged as the most promising segment, accounting for 42% of the global market share in 2017; it is estimated to register a CAGR of 9.07% during the forecast period. On the basis of application, the consumer goods segment accounted for around 24% of the market in 2017 and is projected to be the major revenue-generating segment, registering a CAGR of 10.52% during the forecast period. The demand for non-phthalate plasticizers due to their low toxicity and environmentally friendly properties is driving the demand for DOTP. The use of DOTP to produce 2-ethylhexanoic acid, which has a wide range of applications as a lubricant and wetting agent, is expected to offer lucrative opportunities for the players operating in the global market.

Intended Audience

•Dioctyl Terephthalate (DOTP) Manufacturers

•Suppliers and Distributors

•Potential Investors

•Raw Material Suppliers

•Associations

•Government

•End-Use Industries

 

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The global Dioctyl Terephthalate market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2023. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.Dioctyl Terephthalate Market provides sizing and growth opportunities for the period 2021-2023. Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. Report Includes a detailed analysis of growth drivers, challenges, and investment opportunities. Delivers a complete overview of segments and the regional outlook of the market. Dioctyl Terephthalate Market Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.

Dioctyl Terephthalate Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.Dioctyl Terephthalate Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2023.Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Total Chapters in Dioctyl Terephthalate Market Report are:

Chapter 1 Overview of Dioctyl Terephthalate Market

Chapter 2 Global Market Status and Forecast by Regions

Chapter 3 Global Market Status and Forecast by Types

Chapter 4 Global Market Status and Forecast by Downstream Industry

Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry

Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry

Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry

Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry

Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry

Chapter 10 Market Driving Factor Analysis of Low End Servers

Chapter 11 Dioctyl Terephthalate Market Competition Status by Major Manufacturers

Chapter 12 Dioctyl Terephthalate Major Manufacturers Introduction and Market Data

Chapter 13 Upstream and Downstream Market Analysis of Dioctyl Terephthalate Market

Chapter 14 Cost and Gross Margin Analysis of Dioctyl Terephthalate Market

And Continued…

Detailed TOC of Global Dioctyl Terephthalate Market Analysis & Forecast

1 Executive Summary

2 Market Dynamics

2.1 Market Growth Factors

2.1.1 Rising Security and Safety Concern

2.1.2 Dioctyl Terephthalate in Developing Countries

2.1.3 Enhanced Business Productivity

2.2 Market Restraints

2.3 Dioctyl Terephthalate Supply Chain Process

2.4 Porter's Five Forces Analysis

3 Global Dioctyl Terephthalate Market, By Type

3.1 Introduction

3.2 Sub-segment

4 Global Dioctyl Terephthalate Market, By Component

4.1 Introduction

4.2 Sub-segment

4.2.1 Dioctyl Terephthalate Components

5 Global Dioctyl Terephthalate Market, By Verticals

5.1 Introduction

6 Global Dioctyl Terephthalate Market, By Region

6.1 Introduction

6.2 Market, By Regions

6.2.1 North America

6.2.1.1 U.S. 33

6.2.1.2 Canada

6.2.1.3 Mexico

6.2.2 Europe

6.2.3 U.K.

6.2.3.1 Germany

6.2.3.2 France

6.2.3.3 Rest of Europe

6.2.4 Asia-Pacific

6.2.5 China

6.2.6 Japan

6.2.7 India

6.2.7.1 Rest of Asia-pacific

6.2.8 Rest of the World (RoW)

6.2.8.1 Middle East & Africa

6.2.8.2 Latin Countries

7 Competitive Landscape

7.1 Introduction

7.2 Market Share Analysis

7.3 Company Profiles

7.3.1.1 Business Overview

7.3.1.2 Product/Service Portfolio

7.3.1.3 Business Strategy

7.3.1.4 SWOT Analysis

8 Appendix

8.1 Scope of the Study

8.1.1 Research Objective

8.1.2 Assumption

8.1.3 Limitation

8.2 Market Structure

9 Research Methodologies

9.1 Research Process

9.2 Primary Research

9.3 Secondary Research

9.4 Market Size Estimation

9.5 Forecast Model

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