Global Di-Isononyl Phthalate (DINP) Market Expected Iran

  • Global Di-Isononyl Phthalate (DINP) Market Expected Iran
  • Global Di-Isononyl Phthalate (DINP) Market Expected Iran
  • Global Di-Isononyl Phthalate (DINP) Market Expected Iran
  • 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%.
  • 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 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.
  • 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.
  • Which region is the largest diisononyl phthalate market?
  • APAC is projected to be the largest market during the forecast period. On the basis of region, the diisononyl phthalate market has been segmented into APAC, Europe, North America, the Middle East & Africa, and South America. APAC is projected to register the highest growth in the global diisononyl phthalate market during the forecast period.
  • 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.

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