best price DOP faces growing threat from DINP

  • best price DOP faces growing threat from DINP
  • best price DOP faces growing threat from DINP
  • best price DOP faces growing threat from DINP
  • What is the global diisononyl phthalate (DINP) market value?
  • The global diisononyl phthalate (DINP) market attained a value of USD 3.36 billion in 2023, driven by the increasing use of PVC polymers. Aided by the rising population and end-use industries, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.7%.
  • Why did the dioctyl phthalate (DOP) price decline in China?
  • As a result, the dealers were under pressure to sell their goods, which ultimately caused the DOP price decline in the Chinese market. The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032.
  • What is the global dioctyl phthalate (DOP) market?
  • The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032. Dioctyl phthalate (DOP) is used to make flexible polyvinyl chloride (PVC) plastic. Dioctyl phthalate is one of the commonly employed plasticizers in PVC.
  • What challenges did the DOP market face in 2023?
  • The DOP market faced challenges in 2023, particularly with diminished downstream PVC demand from the construction sector. This resulted in sluggish consumption both domestically and in export markets, while sellers grappled with narrow profit margins.
  • Why did DOP prices drop in Asia?
  • Despite stable production of downstream plasticizers and major manufacturers making demand-based purchases, DOP prices followed a downward trend in Asian countries including South Korea and China. The market transaction volume of 2-EH weakened, leading to insufficient support for maintaining its high price.
  • What is the largest application of diisononyl phthalate (DINP)?
  • Flooring & wall covering is estimated to be the largest application of DINP. On the basis of application, the diisononyl phthalate market has been categorized into flooring & wall covering, wires & cables, films & sheets, coated fabrics, consumer goods, and others.

Recommended hot-selling products