Diisononyl Phthalate (DINP) MarketInsights Trends Colombia

  • Diisononyl Phthalate (DINP) MarketInsights Trends Colombia
  • Diisononyl Phthalate (DINP) MarketInsights Trends Colombia
  • Diisononyl Phthalate (DINP) MarketInsights Trends Colombia
  • 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 is the diisononyl phthalate market growing?
  • The regional market has been driven by the rising demand for DINP in developing economies, such as China and India. The growth of the diisononyl phthalate industry in the Asia Pacific has been further driven by the increased demand in the building and construction industry from countries like India, China, Vietnam, Thailand, and Indonesia.
  • What is the forecast period for the diisononyl phthalate industry?
  • The industry is further expected to grow at a CAGR of about 3.7% in the forecast period of 2024-2032 to reach a value of around USD 4.66 billion by 2032. The Asia Pacific is projected to register a healthy growth in the global diisononyl phthalate industry during the forecast period.
  • What is the outlook for the Asia Pacific diisononyl phthalate industry?
  • The Asia Pacific is projected to register a healthy growth in the global diisononyl phthalate industry during the forecast period. The regional market has been driven by the rising demand for DINP in developing economies, such as China and India.
  • What is diisononyl phthalate (DINP)?
  • These plasticisers have high compatibility with PVC and are used for numerous applications, such as floor and wall coverings and medical applications. The regional markets for diisononyl phthalate (DINP) can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
  • Which phthalate plasticisers are used in medical applications?
  • Phthalate plasticisers, such as di (isononyl) phthalate (DINP), are commonly employed in medical applications due to their excellent compatibility with PVC and softening capacity, which results in large increases in PVC formulation flexibility.

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