Global DIDP Plasticizer Market Worth USD 2.42 Billion by 2019

Date: 2016-08-30

Diisodecyl phthalate (DIDP) is a commonly used plasticizer used in the production of plastic and plastic coating to increase flexibility. It is a mixture of compounds derived from the esterification of phthalic acid and isomeric decyl alcohols. It is used primarily to soften Polyvinyl chloride (PVC). Its main properties include volatility resistance, heat stability and electric insulation. It is frequently used as a plasticiser for heat-resistant electrical cords, artificial leather used in car interiors, and PVC flooring. Non-PVC applications are relatively small but include use in anti-corrosion and anti-fouling paints, sealing compounds and textile inks. The coating on furnishings, cookware, pharmaceutical pills, food wrappers and many other products may have DIDP or other phthalates in them.

Global DIDP Plasticizer Market is expected to reach approximately USD 2.42 billion by 2019, and signifying a firm annualized growth rate of over 5.40%.Currently, Asia-Pacific is the largest consumer of DIDP plasticizers, which consumed about half of the total demand in 2014. Among all the countries, China dominates the DIDP plasticizers market, which consumed the maximum volume of DIDP plasticizers in 2014. Asia-Pacific is the fastest growing country. The European and North American markets are comparatively mature with a demand growth well below the average market growth.

Due to growing demand for DIDP Plasticizer, many companies have invested in the production. Currently major manufacturers of DIDP Plasticizer include Exxon Mobil (U.S.), LG Chem (Korea), BASF (Germany), Aekyung Petrochemical Co. (Korea), UPC Technology (Taiwan), Nan Ya Plastics Corporation (Taiwan), KLJ GROUP (India), KH Neochem Co. (Japan) and so on.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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