Global Diisononyl Phthalate
Market Report
2025
Diisononyl Phthalate (DINP) market was valued at USD 2.92 billion in 2022 and is projected to reach USD 4.05 billion by 2030, registering a CAGR of 4.2% for the forecast period 2023-2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global Diisononyl Phthalate (DINP) market was valued at USD 2.92 billion in 2022 and is projected to reach USD 4.05 billion by 2030, registering a CAGR of 4.2% for the forecast period 2023-2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Diisononyl Phthalate Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Polymer Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Diisononyl Phthalate Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Diisononyl Phthalate (DINP) is a substance used as a plasticizer and belongs to the family phthalate. DINP is mostly used as a plastic additive, it is added to the plastic to make plastic flexible. Moreover, DINP is used in a variety of plastic consumer products including PVC flooring, wire & cable insulation, automobile interior, shoes, gloves, and others. It is also found in vinyl toys, raincoats, and curtains.
Increasing demand for Diisononyl Phthalate (DINP) in PVC drives the growth of the Diisononyl Phthalate (DINP) market. PVC is the most widely used polymer, it is used in a wide range of industries like transport, packaging, building & construction, healthcare, electronics, and others. The increasing growth of these end-use industries rises the demand for PVC. However, PVC is the third biggest polymer by volume after PP and PE where Diisononyl Phthalate (DINP) is most often utilized. Diisononyl Phthalate (DINP) helps to convert PVC, into elastic and soft material. The Diisononyl Phthalate (DINP) presence in PVC impacted specific physical-mechanical qualities like elastic modulus, elongation at break, and flexibility. The Diisononyl Phthalate (DINP) used in PVC makes them suitable for a variety of end-use like wire & cable insulation, automobile interior, shoes, gloves, and others.
The surging demand for flooring and wall covering products in the building and construction industry is a key driver of market growth. The increasing construction activities due to the increasing population, rising income, and improving living standards have led to a higher need for durable flooring and wall-covering solutions. Additionally, technological advancements have enabled the production of more efficient flooring and wall covering material, resulting in increased demand for DINP. Moreover, advantageous properties of DINP like flexibility and durability make them suitable choices in wall & flooring production.
Strict government regulation and environmental policies may be expected to hinder the growth of the market. Diisononyl phthalates and other phthalate additives, that are added to plastics to prevent changes in their structure might s disrupt human health. As per the Vermont Department of Health, DINP can increase the growth of liver tumors and cause cancer in humans. The government implemented some guidelines for using DINP in certain materials to reduce toxicity. For instance, the United state consumer product safety improvement act has limited certain phthalates, including DINP in children's toys. They prohibit the sale of toys containing more than 0.1% phthalate. Similarly, European Union is listed DINP on the REACH candidate list of substances of very high concern (SVHC). Companies are required to communicate information on SVHC substances if they are present in the product. Moreover, restrictions on the use of plastic contributed to inhibiting the growth of the market. For instance, the plastic waste management amendment rule, 2021 prohibited the use of plastic under 75 microns. It may adversely affect the DINP demand which is used as the plastic additives.
Diisononyl Phthalate (DINP) production and consumption were significantly impacted in 2020 by the COVID-19 pandemic and lockdown measures. The majority of industries minimize PVC use along with a decline in output and demand, particularly in industries that use substantial amounts of PVC, such as automobile, construction, electric & electronic. Lockdowns and border restrictions caused supply chain disruptions that lowered overall Diisononyl Phthalate (DINP) manufacturing. In addition, because of social distance standards during
Diisononyl Phthalate (DINP) manufacture and use have now restarted in several industries. The government released border restriction laws and regulations, which lessened the disturbance to business operations and the supply chain. Production has resumed, just as transportation also resumed.
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KJL Group invests USD 145 million; commissions plasticizers & phthalic anhydride (raw material for the DINP)production facility.
KJI Group, a leading player in the chemical industry commissioned its plasticizers & phthalate anhydride production facility at Jhagadia Industrial Estate, Bharuch, Gujrat. With an investment of approximately USD 145 million. KJL Group expanded its product portfolio to meet the market's growing demand.
With the new myFLEXINO® digital portal, Evonik expanded and centralized its service offering for plasticizer customers. myFLEXINO® promotes technical interaction with customers and provides 24/7 online access. Evonik's portfolio includes the plasticizers VESTINOL® 9 (DINP), ELATUR® CH (DINCH), ELATUR® DPT, and the latest product ELATUR® DINCD. Information about all these products is available on the platform.
Top Companies Market Share in Diisononyl Phthalate Industry: (In no particular order of Rank)
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Asia Pacific is expected to witness the highest growth rate during the forecast period.
Based on region, the market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The Diisononyl Phthalate (DINP) demand is increasing in the Asia-Pacific region due to the increasing consumption of PVC for automotive, construction, electrical & electronic, and chemical industries in developing countries like India, Japan, Indonesia, and China. They need Diisononyl Phthalate (DINP) to impart flexibility to PVC. The rising electrical and electronic sector in APAC increases the demand for wire and cables, the largest consumer segment of Diisononyl Phthalate (DINP), increasing the demand for the Diisononyl Phthalate (DINP) in the region. Increasing population and industrialization further anticipated expanding the market.
The current report Scope analyzes Diisononyl Phthalate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Diisononyl Phthalate Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Diisononyl Phthalate Industry growth. Diisononyl Phthalate market has been segmented with the help of its Polymer Type, Application , and others. Diisononyl Phthalate market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The PVC segment is expected to witness robust growth over the forecast period.
Based on the type, the market is bifurcated into acrylic, PVC, polyurethane, and others. The PVC segment is expected to show robust growth attributed to the increasing use of PVC in several industries including construction, electrical & electronics, automotive, footwear, packaging, and others. The beneficial properties of PVC like high strength, resistance, durability, and higher performance increases the use of PVC in a variety of material and may drive the growth of the PVC segment in the DINP market.
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The wires and cables segment is overwhelming in the market and is expected to expand the growth of the market during the forecast period 2023-2030.
The market is further segmented based on application into wire & cable, flooring & wall covering, consumer goods, coated fabrics, film & sheet, and others. The dominance of wires and cables is owing to the increasing use of electronic devices. Wires and cables are frequently utilized to run innumerable electrical devices and appliances. From washing machines, refrigerators, televisions, and toaster ovens to increasingly popular consumer gadgets including laptops, PCs, cell phones, tablets, and other IT devices. DINP is added to PVC to improve flexibility, durability, electrical property, and flame retardancy Hence, increasing demand for electronic devices boosts the demand for the wire and cables segment in the Diisononyl Phthalate (DINP) market.
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The Global Diisononyl Phthalate Market is witnessing significant growth in the near future.
In 2023, the Acrylic segment accounted for noticeable share of global Diisononyl Phthalate Market and is projected to experience significant growth in the near future.
The Wire & Cable segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF, Eastman and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Polymer Type | Acrylic, PVC, Polyurethane, Others |
Application | Wire & Cable, Flooring & Wall Covering, Consumer Goods, Coated Fabrics, Film & Sheet, Others |
List of Competitors | BASF, ExxonMobil, Eastman, Evonik Industries, Aekyung Petrochemical, LG Chem, PolyOne, Mitsubishi Chemical Corporation, KLJ Group, DAIHACHI CHEMICAL, UPC Group, Bluesail Chemical Group, HongXin Company, Henan Qingan Chemical Hi-tech, GREAT CHEMICAL SCIENCE&TECHNOLOGY |
This chapter will help you gain GLOBAL Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review Global Diisononyl Phthalate Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review North America Diisononyl Phthalate Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review Europe Diisononyl Phthalate Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review Asia Pacific Diisononyl Phthalate Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review South America Diisononyl Phthalate Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Diisononyl Phthalate. Further deep in this chapter, you will be able to review Middle East and Africa Diisononyl Phthalate Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Diisononyl Phthalate. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Polymer Type Analysis 2019 -2031, will provide market size split by Polymer Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Polymer Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Diisononyl Phthalate market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Acrylic have a significant impact on Diisononyl Phthalate market? |
What are the key factors affecting the Acrylic and PVC of Diisononyl Phthalate Market? |
What is the CAGR/Growth Rate of Wire & Cable during the forecast period? |
By type, which segment accounted for largest share of the global Diisononyl Phthalate Market? |
Which region is expected to dominate the global Diisononyl Phthalate Market within the forecast period? |
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Additional Qualitative Data |
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