Market Size of Dioctyl Maleate (DOM) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dioctyl Maleate Market Analysis
The global dioctyl maleate market is expected to grow at a CAGR of over 3% during the forecast period. Dioctyl maleate is a clear virtually colorless liquid, with an ester-like odor. It can be used in organic synthesis, like in the production of derivatives of succinic acid.
- The major factors driving the market studied include growing construction activities in developing countries.
- Asia-Pacific is expected to dominate the global market during the forecast period.
- Increasing usage of the quality products in personal care industry is likely to act as an opportunity in the future.
Dioctyl Maleate Industry Segmentation
The global Dioctyl Maleate market includes:
Application | |
Inks & Coatings | |
Surfactant | |
Plasticizers | |
Adhesives | |
Chemical Intermediate | |
Others (Wetting Agents etc.) |
Geography | |||||||
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Rest of the World |
Dioctyl Maleate (DOM) Market Size Summary
The dioctyl maleate market is poised for growth, driven by its applications as an additive and intermediate in organic synthesis, particularly in the production of surfactants. This clear, ester-like liquid is increasingly utilized in the manufacturing of sulfosuccinates, which serve as wetting agents in detergents. The rising demand for surfactants, due to their diverse applications in personal care, lubricants, fuel additives, and industrial cleaning, is a significant factor propelling the market forward. The construction boom in developing regions, especially in Asia-Pacific, further amplifies the demand for dioctyl maleate, as it is integral to the production of adhesives, paints, and coatings.
Asia-Pacific is anticipated to lead the global dioctyl maleate market, supported by its status as a major producer and consumer of paints and coatings. The region's robust construction activities, particularly in China and India, are expected to enhance the demand for this chemical compound. China's dominance in the cosmetics and personal care sector, coupled with India's government initiatives to boost housing, are key contributors to market expansion. Additionally, Japan's infrastructure growth, spurred by preparations for international events, is likely to increase the demand for dioctyl maleate in construction-related applications. The market is characterized by a consolidated landscape, with major players such as Celanese Corporation, Sigma-Aldrich, Inc., and Polynt leading the industry.
Dioctyl Maleate (DOM) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Constructional Activities in Developing Countries
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1.1.2 Other Drivers
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1.2 Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Inks & Coatings
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2.1.2 Surfactant
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2.1.3 Plasticizers
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2.1.4 Adhesives
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2.1.5 Chemical Intermediate
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2.1.6 Others (Wetting Agents etc.)
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Mexico
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2.2.3 Europe
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2.2.3.1 Germany
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2.2.3.2 France
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2.2.3.3 United Kingdom
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2.2.3.4 Italy
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2.2.3.5 Rest of Europe
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2.2.4 Rest of the World
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Dioctyl Maleate (DOM) Market Size FAQs
What is the current Dioctyl Maleate (DOM) Market size?
The Dioctyl Maleate (DOM) Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Dioctyl Maleate (DOM) Market?
Celanese Corporation, Sigma-Aldrich, Inc., Polynt, Nayakem and VWR International, LLC are the major companies operating in the Dioctyl Maleate (DOM) Market.