Dioctyl Terephthalate (DOTP) is referred to as an organic compound with the formula of C6H4 (CO2C8H17)2. Moreover, Dioctyl Terephthalate is a non-phthalate plasticizer, being the diester of terephthalate acid and the branched-chain 2-ethyl hexanol. Not only has this, but theDioctyl terephthalate (DOTP) also serves numerous benefits such as flexible and bendable, a huge range of opportunities for new applications, the durability they confer onto PVC applications and it can confirm the high performance. Furthermore, the players of global Dioctyl terephthalate is playing an important role while improving the efficiency of this organic compound with the significant developments in the techniques of producing it which further benefitted for increasing the value of a market share and leading the fastest market growth during the reviewed period more effectively.
According to the report analysis, ‘Global Dioctyl Terephthalate Market Analysis’ states that there are several key players which are presently functioning in this market more actively for dominating the high value of a market share in the short span of time while doing effective technological advancement and generating the high value of market share includesBASF, Aekyung Petrochemical, Oxea, LG Chemical, Eastman, ExxonMobil, MeltemKimya, Nan Ya Plastics, UPC Group, Iro Group, Bluesail Chemical Group, Xiongye Chemical, Lingchuang Chemical, Xiangfeng Plastic, KunshanHefeng Chemical, and several others. Whereas, many of the focused players of this market are analyzing the related factors of the market for exhibiting the highest market growth and knowing the growth opportunities, growth drivers, restraints and several others. Furthermore, many of the focused players of this market are working for abolishing the restraints while studying and analyzing the strict policies of the government.
Global Dioctyl Terephthalate Market valued around USD 1.75 billion in 2017 is anticipated to increase with a healthy growth rate of more than 5.31% over the forecast period of 2018-2025. Moreover, the global market of dioctyl terephthalate is segmented into different sectors which majorly include type, application, and the region. However, based on the type, the market is further segmented into Premium Grade, First Grade Qualified Grade while, basis on the application, the market is split into Automotive, Flexible PVC, Flooring/Interior Surface, Gaskets/House/Tubing, Latex Sealants, Pressure Sensitive Adhesive, and wire/Cable. Nevertheless, based on the region, the market of dioctyl terephthalate is spread around the globe which majorly involves Asia Pacific, North America, Europe, Latin America and Rest of the World.
Although, it is anticipated that the North America region, is the leading region around the globe with a significant increase in demand from the industries. Asia Pacific region is also presenting the efficient efforts for contributing to the growth of this market with the enormous developments in the underdeveloped a region such as India and China. Furthermore, the extreme driving factor of global Dioctyl Terephthalate market is increasing demand from end-user industries and growing certifications & approvals by international regulatory agencies exert the affirmative influence in market growth. Therefore, in the near future, it is anticipated that the market of dioctyl terephthalate will increase across the globe more significantly over the forecasted period.
The detailed segments and sub-segment of the market are explained below:
Pressure Sensitive Adhesive
Rest of the World
Furthermore, years considered for the study are as follows:-
Historical year-2015, 2016
Forecast period-2018 to 2025
Target Audience of the Global Dioctyl Terephthalate Market in Market Study:-
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
The major market players included in this report is:-
Nan Ya Plastics
Bluesail Chemical Group
Kunshan Hefeng Chemical
To Know More, Click On The Link Below:-
Global Dioctyl Terephthalate Market Size study, by Type (Premium Grade, First Grade, Qualified Grade), by Application (Automotive, Flexible PVC, Flooring/Interior Surface, Gaskets/House/Tubing, Latex Sealants, Pressure Sensitive Adhesive, Wire/Cable) and Regional Forecasts 2018-2025
Ankur Gupta, Head Marketing & Communications