According to the latest analysis by Future Market Insights (FMI), the global diethyl phthalate market is projected to reach a valuation of USD 141.1 million by 2023. The market is expected to experience moderate growth driven by rising demand from various end-use industries. With a compound annual growth rate (CAGR) of 2.2%, the market is anticipated to achieve a valuation of USD 175.4 million by the end of 2033. This growth can be attributed to the increasing applications of diethyl phthalate in personal care products, plastics, and pharmaceuticals, which are driving steady demand and market expansion.
Empower Your Business With Valuable Insights. Request a Sample Industry Overview to Assess Market Potential and Drive Growth!
Fueling the Demand for Diethyl Phthalate
Several factors are propelling the diethyl phthalate market forward:
- Plastics Industry Boom: The ever-increasing demand for plastic products across sectors, from packaging to automotive components, is a major driver. Diethyl phthalate is essential in making these plastics pliable and resilient.
- Cosmetic and Personal Care: The beauty industry’s growth is directly linked to the demand for diethyl phthalate. It’s used in various products, from fragrances to nail polishes, for its ability to dissolve substances.
- Construction and Building: The construction sector’s expansion, particularly in developing economies, is boosting the demand for phthalate-based plasticizers used in PVC pipes, flooring, and other materials.
Diethyl Phthalate Market Leading Players
- Thirumalai Chemicals Ltd.
- I G Petrochemicals
- T.C.I. Chemicals (India) Pvt. Ltd.
- Indo Nippon Chemical Co., Ltd.
- Agro Extracts Limited
- Maharashtra Aldehydes and Chemicals Ltd.
- MaaS Pharma Chemicals
- Spectrum Chemicals
- LobaChemie Pvt. Ltd.
- Ernesto Ventós S.A.
Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!
Key Segments Profiled in the Diethyl Phthalate Market
By Grade
- High Purity (≤ 99%)
- High Purity (≤ 99%)
By Application
- Binder
- Plasticizer
- Solvent
- Cosmetic Ingredient
By End Use
- Cosmetic and Personal Care
- Agrochemicals
- Plastic and Polymers
- Surfactants
- Packaging
By Region,
- North America
- Latin America
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia and Belarus
- Balkan and Baltic Countries
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
