PUBLISHER: IMARC | PRODUCT CODE: 1520426
PUBLISHER: IMARC | PRODUCT CODE: 1520426
The global dioctyl maleate market size reached US$ 288.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 370.1 Million by 2032, exhibiting a growth rate (CAGR) of 2.75% during 2024-2032.
Dioctyl maleate (DOM) is a clear, colorless liquid with an ester-like odor. It is widely used as a chemical intermediate and building block in several chemical production processes. For example, it is utilized in coating applications and the production of derivatives of succinic acid. It also finds application as a comonomer in vinyl and acrylic emulsion polymerization for paints and adhesives and a phthalate-free alternative to common phthalate-based plasticizers like dioctyl phthalate (DOP). Nowadays, it is copolymerized with monomers, such as styrene, vinyl acetate and acrylates, to provide elasticity and flexibility to the films.
The escalating demand for convenient, packaged food products on account of rapid urbanization and busy schedules represents one of the key factors creating a positive outlook for the market. DOM is utilized in food packaging, paper plates, cutlery, and small appliances like roasters. Moreover, DOM acts as a plasticizer, emollient, and skin-conditioning agent in manufacturing personal care and cosmetics products, such as moisturizers, cleansers, makeup, shampoos, conditioners, and styling aids. Rising beauty consciousness among individuals, inflating per capita income and the growing influence of social media are influencing the demand for cosmetics worldwide. Apart from this, a shift towards waterproof and heat-resistant apparel and fabrics is catalyzing the demand for DOM to manufacture textile coatings for leather and sports clothing. In addition, the increasing participation of individuals in sports activities is contributing to market growth. Furthermore, the flourishing construction industry on account of rapid urbanization and the rising global population is influencing the demand for DOM positively to make adhesives, concrete, ceramic tiles, flooring underlayment, pre-finished panels, waterproofing, and roofing around the world.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dioctyl maleate market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on application and end user.
Surfactants and Wetting Agents
Adhesives
Emulsion Paint
Plasticizer
Textile Coating
Others
Chemical Industry
Construction Industry
Textile Industry
Pharmaceutical Industry
Food and Beverage Industry
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Biesterfeld AG, Celanese Corporation, ESIM Chemicals, Hallstar Company, Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Nayakem Organics Pvt. Ltd., Polynt S.p.A., TCI Chemicals (India) Pvt. Ltd. and Yuanli Chemical Group Co. Ltd.