Authored By: Sarah
10 Oct 2024

Latest News:- Dioctyl Maleate (DOM) Market: Surfactant is expected to lead the Application segment during 2024-2028

Dioctyl Maleate (DOM) Market to grow at a CAGR of 4.5% during 2024-2028

The Dioctyl Maleate (DOM) Market is expected to grow at a CAGR of 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 66.6 million. The plastic manufacturing sector has seen a significant shift towards more sustainable practices, with the adoption of eco-friendly and non-phthalate plasticizers gaining momentum. As a key raw material in the production of plasticizers and solvents, di-2-ethylhexyl maleate (DOM) holds immense potential in this regard. With increasing concerns over the environmental impact of petroleum-based plasticizers, particularly phthalates, which dominate the global plastic manufacturing industry, DOM presents a viable alternative. Consequently, the burgeoning demand for DOM plasticizers in the plastic industry is expected to fuel the growth of the global DOM market in the forecast period. 

Get more information on Dioctyl Maleate (DOM) Market by requesting a sample report

The Surfactant subsegment is expected to dominate the Application segment during the forecast period 

Technavio analysts predict that the Surfactant subsegment will lead the Application segment during 2024 and 2028 As a business professional, I'm pleased to provide insights into the current market landscape for Dioctyl Maleate (DOM). This organic compound is a significant player in various industries, including plastics, cosmetics, and pharmaceuticals. The global DOM market is experiencing steady growth, driven by increasing demand for its applications in plasticizers, lubricants, and emulsifiers. Key market trends include rising consumer awareness for eco-friendly products and the ongoing research for new applications. Companies are focusing on innovation and sustainability to gain a competitive edge in this dynamic market.

Here are the various ways based on which the market is segmented: 

  • Application
    • Surfactant
    • Adhesives
    • Coatings
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • Middle East and Africa
    • South America

Reasons to Purchase the Global Dioctyl Maleate (DOM) Market Market Research Report by Technavio. What is in it for you?

  • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
  • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
  • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

There are several factors that are causing the market to flourish high usage of dom in cosmetics and personal care industry

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

Dioctyl Maleate (DOM), also known as Dibutyl Maleate, is a versatile ester derived from Maleic Anhydride and 2-Ethylhexanol. It is a colorless to light yellow liquid with a mild odor and is widely used as a plasticizer, solvent, and chemical intermediate in various industries. In the construction industry, DOM is employed as an additive in adhesives, coatings, and paints due to its excellent adhesion properties and resistance to heat and water. In the personal care industry, it is used as an esterification catalyst in the production of Dioctyl Adipate and Dioctyl Phthalate, which are common plasticizers in skin care cosmetics, moisturizers, and cosmetics. Moreover, DOM is used in the production of heat-resistant fabrics and waterproof apparel as a textile coating. It also finds applications in inks, detergents, wetting agents, and surfactants. DOSS Surfactants, a leading supplier of DOM, uses it as a chemical intermediate and additive in various surfactant applications. The market for DOM is developing rapidly, driven by the increasing demand for construction activities and the growing demand for personal care products. The demand for succinic acid derivatives in organic synthesis is also expected to boost the growth of the DOM market in the coming years.

Market Research Overview

The global commodity chemicals market encompasses businesses primarily engaged in the production of industrial and basic chemicals, such as plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. This market excludes chemical companies specializing in diversified chemicals, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals. According to Technavio, the market size is determined by the collective revenue generated by manufacturers of industrial and basic chemicals. Key growth drivers for the commodity chemicals market include the expanding demand for plastic packaging, driven by the increasing preference for lightweight, corrosion-resistant materials, and continuous innovation in the industry.

The Dioctyl Maleate (DOM) Market is experiencing significant growth, fueled by the high usage of dom in cosmetics and personal care industry. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

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