Dioctyl Adipate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global dioctyl adipate (DOA) market is witnessing robust growth, with a valuation of US$ 1.91 billion in 2024. By the end of 2031, the market is anticipated to reach an impressive US$ 2.8 billion, according to the latest survey conducted by Fairfield Market Research.

DOA: A Biodegradable Plasticizer with Versatile Applications

Dioctyl adipate, commonly known as DOA, is a biodegradable plasticizer renowned for its versatility. It is a clear and colorless liquid that mixes seamlessly with organic solvents and exhibits compatibility with a wide range of materials, including polymers, cellulose, synthetic rubbers, PVC, and waxes. One of DOA's significant advantages is its exceptional performance and stability, even at low temperatures, making it ideal for use in cold-resistant agricultural films, food packaging, and electrical coatings.

Growing Demand for Environmentally Friendly Plasticizers

The global demand for DOA is primarily driven by its reputation as an environmentally friendly plasticizer. It ranks among the most widely used phthalate-free PVC plasticizers, constituting up to 2.5% of the global plasticizers market. DOA finds application in a multitude of final products, including shoes, slippers, artificial leather, and PVC soles.

Versatile Grades Cater to Varied Needs

The availability of DOA in different grades further fuels its demand. End users can choose between reagent grade DOA, technical grade DOA, and food grade DOA to meet specific regulatory requirements and produce tailored products.

Asia Pacific Leads the Way

The Asia Pacific region, known for its dominance in the production and consumption of plastic and polymer products, stands as a significant consumer of DOA, accounting for approximately 58% of global consumption.

DOA's Thermal Characteristics Create Opportunities

Unlike other plasticizers, DOA excels in thermal applications, remaining stable and pliable at low temperatures. This unique property has led to its adoption as an insulator for cables and wiring in automobiles and electrical appliances, ensuring smooth operation even in extreme weather conditions.

Expanding Roles in Food Packaging and Beyond

The packaged food industry's growth has boosted the demand for DOA, especially in its food grade. DOA is increasingly favored for use in commercial, residential, and industrial sectors, where it preserves frozen food products despite temperature fluctuations during transportation.

DOA in Healthcare: A Growing Market Segment

The healthcare sector benefits from DOA as a raw material to enhance the quality of medical devices. Its softness makes it ideal for manufacturing various medical tubes that provide optimal patient comfort without compromising on recovery and treatment. DOA is also used in medical flexible PVC tubing, gloves, and containers for managing bodily fluids, catheters, and ventilators.

Challenges and Competing Materials

While DOA offers lucrative opportunities, it faces competition from alternative materials, including biomass-based and plant-based plasticizers. DOA's performance in waterproof applications is a limitation, but blending it with specific materials can enhance its waterproof qualities.

Country-wise Insights

China: China remains the world's largest producer and consumer of DOA, thanks to a flourishing chemical manufacturing industry, abundant supply chains, and government support.

United States: The U.S. is the second-largest consumer of DOA globally, driven by demand from the PVC industry, infrastructure growth, and a thriving healthcare sector.

India: India's growing appetite for sustainable chemicals propels the demand for DOA, particularly in packaging, urbanization, and healthcare.

Competitive Landscape

Key players in the DOA market are actively engaging in acquisitions, capacity expansion, and geographical growth. They are also investing in research and development to introduce sustainable products with biodegradation properties.

Key Companies Profiled

BASF SE
ExxonMobil
Hallstar Industrial
Aarti Industries
Hanwha Chemical
BOC Sciences
Eastman Chemical Company
New Japan Chemical Co., Ltd.
Henan Qingan Chemical Hi-Tech
GJ Chemical

Dioctyl Adipate Industry Survey Segmentation

By Grade:

Reagent
Technical
Food

By Application:

Sheets
Films
Others

By End Use:

Packaging
Cable & Wiring
Consumer Goods
Medical Applications
Wall Covering & Flooring
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Dioctyl Adipate Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Dioctyl Adipate Market Outlook, 2018 - 2031

3.1. Global Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Reagent
  - 3.1.1.2. Technical
  - 3.1.1.3. Food
3.2. Global Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Sheets
  - 3.2.1.2. Films
  - 3.2.1.3. Others
3.3. Global Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Packaging
  - 3.3.1.2. Cable & Wiring
  - 3.3.1.3. Consumer Goods
  - 3.3.1.4. Medical Applications
  - 3.3.1.5. Wall Covering & Flooring
  - 3.3.1.6. Others
3.4. Global Dioctyl Adipate Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Dioctyl Adipate Market Outlook, 2018 - 2031

4.1. North America Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Reagent
  - 4.1.1.2. Technical
  - 4.1.1.3. Food
4.2. North America Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Sheets
  - 4.2.1.2. Films
  - 4.2.1.3. Others
4.3. North America Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Packaging
  - 4.3.1.2. Cable & Wiring
  - 4.3.1.3. Consumer Goods
  - 4.3.1.4. Medical Applications
  - 4.3.1.5. Wall Covering & Flooring
  - 4.3.1.6. Others
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Dioctyl Adipate Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 4.4.1.2. U.S. Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 4.4.1.3. U.S. Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 4.4.1.4. Canada Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 4.4.1.5. Canada Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 4.4.1.6. Canada Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Dioctyl Adipate Market Outlook, 2018 - 2031

5.1. Europe Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Reagent
  - 5.1.1.2. Technical
  - 5.1.1.3. Food
5.2. Europe Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Sheets
  - 5.2.1.2. Films
  - 5.2.1.3. Others
5.3. Europe Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Packaging
  - 5.3.1.2. Cable & Wiring
  - 5.3.1.3. Consumer Goods
  - 5.3.1.4. Medical Applications
  - 5.3.1.5. Wall Covering & Flooring
  - 5.3.1.6. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Dioctyl Adipate Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.2. Germany Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.3. Germany Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.4. U.K. Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.5. U.K. Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.6. U.K. Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.7. France Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.8. France Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.9. France Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.10. Italy Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.11. Italy Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.12. Italy Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.13. Turkey Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.14. Turkey Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.15. Turkey Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.16. Russia Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.17. Russia Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.18. Russia Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Dioctyl Adipate Market Outlook, 2018 - 2031

6.1. Asia Pacific Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Reagent
  - 6.1.1.2. Technical
  - 6.1.1.3. Food
6.2. Asia Pacific Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Sheets
  - 6.2.1.2. Films
  - 6.2.1.3. Others
6.3. Asia Pacific Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Packaging
  - 6.3.1.2. Cable & Wiring
  - 6.3.1.3. Consumer Goods
  - 6.3.1.4. Medical Applications
  - 6.3.1.5. Wall Covering & Flooring
  - 6.3.1.6. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Dioctyl Adipate Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.2. China Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.3. China Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 6.4.1.4. Japan Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.5. Japan Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.6. Japan Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 6.4.1.7. South Korea Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.8. South Korea Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.9. South Korea Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 6.4.1.10. India Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.11. India Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.12. India Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Dioctyl Adipate Market Outlook, 2018 - 2031

7.1. Latin America Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Reagent
  - 7.1.1.2. Technical
  - 7.1.1.3. Food
7.2. Latin America Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Sheets
  - 7.2.1.2. Films
  - 7.2.1.3. Others
7.3. Latin America Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Packaging
  - 7.3.1.2. Cable & Wiring
  - 7.3.1.3. Consumer Goods
  - 7.3.1.4. Medical Applications
  - 7.3.1.5. Wall Covering & Flooring
  - 7.3.1.6. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Dioctyl Adipate Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 7.4.1.2. Brazil Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.3. Brazil Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 7.4.1.4. Mexico Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 7.4.1.5. Mexico Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.6. Mexico Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 7.4.1.7. Argentina Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 7.4.1.8. Argentina Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.9. Argentina Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Dioctyl Adipate Market Outlook, 2018 - 2031

8.1. Middle East & Africa Dioctyl Adipate Market Outlook, by Grade, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Reagent
  - 8.1.1.2. Technical
  - 8.1.1.3. Food
8.2. Middle East & Africa Dioctyl Adipate Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Sheets
  - 8.2.1.2. Films
  - 8.2.1.3. Others
8.3. Middle East & Africa Dioctyl Adipate Market Outlook, by End-use, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Packaging
  - 8.3.1.2. Cable & Wiring
  - 8.3.1.3. Consumer Goods
  - 8.3.1.4. Medical Applications
  - 8.3.1.5. Wall Covering & Flooring
  - 8.3.1.6. Others
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Dioctyl Adipate Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 8.4.1.2. GCC Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.3. GCC Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 8.4.1.4. South Africa Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 8.4.1.5. South Africa Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.6. South Africa Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 8.4.1.7. Egypt Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 8.4.1.8. Egypt Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.9. Egypt Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 8.4.1.10. Nigeria Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 8.4.1.11. Nigeria Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.12. Nigeria Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Dioctyl Adipate Market by Grade, Value (US$ Bn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Dioctyl Adipate Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Dioctyl Adipate Market by End-use, Value (US$ Bn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By End-use vs by Application Heat map
9.2. Manufacturer vs by Application Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. BASF SE
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. ExxonMobil
- 9.5.3. Hallstar Industrial
- 9.5.4. Aarti Industries
- 9.5.5. Hanwha Chemical
- 9.5.6. BOC Sciences
- 9.5.7. Eastman Chemical Company
- 9.5.8. New Japan Chemical Co., Ltd.
- 9.5.9. Henan Qingan Chemical Hi-Tech
- 9.5.10. GJ Chemical

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations