A recent report published by Infinium Global Research on dioctyl maleate market provides in-depth analysis of segments and sub-segments in the global as well as regional dioctyl maleate market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional dioctyl maleate market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global dioctyl maleate market. According to the report, the global dioctyl maleate market is projected to grow at a CAGR of 3.9% over the forecast period of 2019-2025.
Dioctyl maleate is a chemical compound used as an intermediate in various chemical production processes. Companies operating in the global dioctyl maleate market are adopting strategies such as mergers, acquisitions, and new product launches that propel market growth. The leading players in the dioctyl maleate market are investing in research and development that propels the innovative applications of dioctyl maleate.
The rising use of dioctyl maleate in the cosmetic industry for moisturizing and soothing drives the growth of the dioctyl maleate market. The surge in demand for waterproof and heat resistance apparel contributes to the use of dioctyl maleate in textiles coating that stimulates the growth of the dioctyl maleate market. The increasing disposable income of consumers and an enhanced standard of living promotes the growth of the dioctyl maleate market. Dioctyl maleate is used in the manufacturing of construction adhesives such as applications in ceramic tiles, concrete, waterproofing, flooring that boosts the growth of the dioctyl maleate market. In addition, the increasing demand for quality products in the personal care industry stimulates the growth of the dioctyl maleate market. On the other side, the availability of cheaper substitutes hinders the growth of the dioctyl maleate market. Moreover, prompt government regulations on phthalates create numerous opportunities for the growth of the dioctyl maleate market.
Based on geography, the global dioctyl maleate market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to hold a premium share in the global dioctyl maleate market. Asia-Pacific region is rich in raw materials and has low labour cost that drives the growth of dioctyl maleate market in Asia-Pacific. North America is expected to grow in the global dioctyl maleate market with a healthy CAGR over the forecast period. Europe is showing growth in the global dioctyl maleate market.
The report on global dioctyl maleate market covers segments such as type, and application. On the basis of type, the sub-markets include chemical level, and analysis level. On the basis of application, the sub-markets include textile coating, adhesives, plasticizer, surfactants & wetting agent, and other applications.
The report provides profiles of the companies in the market such as Celanese Corporation, HallStar Co., Polynt SpA, Shandong Yuanli Science & Technology Co., Ltd., Kurogane Kasei Co. Ltd., Henan GP Chemicals Co., Ltd., Merck KGaA, ESIM Chemicals GmbH, Nanyang Tianguan Group Co. Ltd., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of dioctyl maleate market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.