Diisodecyl Phthalate Market Analysis Trends and Segments 2024-2030

Diisodecyl Phthalate: Introduction

  • Diisodecyl phthalate (DIDP) is a regularly used plasticizer. The compounds derived from the esterification of phthalic acid and isomeric decyl alcohols are mixed to form Diisodecyl phthalate. It is significantly employed in the production of plastic and plastic coating to increase flexibility. Variety of products including coating on furnishings, pharmaceutical pills, cookware, food wrappers, and many other products contain Diisodecyl phthalate or other phthalates in their composition.
  • Phthalates are a group of synthetic chemicals that are dialkyl or aryl/alkyl diesters of phthalic acid. Since ages, phthalates have been extensively utilized in the chemical industry in the manufacturing of polymers and a variety of consumer products. According to Journal of Environmental and Public Health, currently more than 12 billion lbs of phthalates are produced annually worldwide, most of which is used in the production of Diisononyl Phthalate (DINP) and Diisodecyl phthalate (DIDP).
  • Di (2-ethylhexyl) phthalate DEHP is toxic to human health; thus, stringent government regulations in North America and Europe regarding the usage of DEHP in consumer products have resulted in its substitution with other less toxic phthalates.
  • Notable amounts of Diisodecyl phthalate are found in several industrial and consumer products such as construction materials, electrical wires and cables, automotive parts, clothing, and furniture.

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Key Drivers and Restraints of Global Diisodecyl Phthalate Market

  • Polyvinyl chloride (PVC) is a widely used polymer in flooring & wall covering, wires & cables, films & sheets, coated fabrics, and consumer goods applications. PVC finds application in various industries such as building & construction, automotive, electronics, medical, and consumer goods. It is available at a lower price and is easily recyclable with resistance to environmental degradation, corrosive inorganic chemicals, UV rays, acids, and alkalis. Extensive growth of the commercial building & construction industry and the emergence of high-end real estate is expected to drive the demand for PVC and, subsequently fuel the demand for DIDP, especially in the building & construction industry in developing countries of Asia Pacific.

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Diisodecyl Phthalate: Application Segment

  • Based on application, the Diisodecyl phthalate market can be segmented into flooring & wall covering, wires & cables, films & sheets, coated fabrics, consumer goods, and others (medical devices, paints, inks, adhesives, sealants, and lacquers).
  • The flooring & wall covering segment is projected to hold significant market share during the forecast period, owing to the increasing demand from the construction sector.
  • The consumer goods segment is expected to expand at a healthy CAGR during the forecast period.

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Covid-19 Impact on Diisodecyl Phthalate Market

  • Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impact of the coronavirus disease 2019 (COVID-19) is already starting to show, and will significantly impact the Diisodecyl phthalate market in 2024.
  • The COVID-19 pandemic has had a swift and severe negative impact on globally integrated industries such as the automotive sector, by hampering the supply chain significantly. It is also expected to hamper manufacturing, distribution, and supply of Diisodecyl phthalate considerably.