Diethyl Phthalate Market - By Type (Industrial Grade, Cosmetic Grade), By Purity (High Purity, Ultra-high Purity), By Application (Blinder, Plasticizer, Solvent, Alcohol Denaturant), By End User & Forecast, 2023-2032

Diethyl Phthalate Market Size

Diethyl Phthalate Market size exceeded USD 138.21 million in 2022 and is slated to showcase over CAGR 4.1% between 2023 and 2032. The increasing consumption of cosmetics & personal care types and the rising demand for diethyl phthalate from the plastic industry are major factors driving the business growth.
 

China is a dominant nation in the Asia Pacific region due to the rapid technological growth in the country. Due to the increased demand for diethyl phthalate as plasticizers to make plastics for the automotive industry, the U.S. is predicted to lead the diethyl phthalate market in North America.
 

Agrochemicals such as diethyl phthalate are used to keep pests & insects away from crops. The demand for insecticides is increasing owing to the rising instances of insect attacks on crops. Inert components such as diethyl phthalate are used in herbicides used on crops raised for food. As a result, the use of diethyl phthalate in pesticides & insecticides is set to increase, ultimately contributing to an increase in farmer revenue.
 

Impact of COVID-19 Pandemic

The covid-19 pandemic have a negative impact on the diethyl phthalate market. The manufacturer of Diethyl phthalates faced a huge challenge due to restriction and disruption in supply chain. The production  of diethyl phthalate is expected to be low in 2021 due to pandemic.. This is due to the measures Chinese authority have taken to contain the spread of pandemic. The global supply chain from raw material sourcing to installation and building was disrupted due to COVID-19 pandemic. These factor has decreased the demand of Diethyl phthalates globally.
 

Diethyl Phthalate Market Trends

The global diethyl phthalate market is expanding on account of the rising consumer awareness, industrialization, the rising type demand, emerging sectors, and technological advancements. In this industry, revenue and sales have grown exponentially. Due to the variables promoting market expansion, both market size and growth are estimated to increase.
 

Due to the increased emphasis on skin health and personal hygiene, the use of cosmetics & personal care goods has increased significantly. Young people are beginning to utilize cosmetics & personal care items, such as nail polish, hair spray, aftershave lotions, cleansers, and shampoos, on a large scale as they understand the importance of skin care. As customers are increasingly becoming more mindful of appearance and dangerous sunrays, anti-aging & sun protection goods have a large user base.
 

Additionally, changing economic conditions and the changing lifestyle have increased the spending on personal grooming, particularly among women. The range of these evolving personal care & cosmetics items has grown over time and will continue to do so.
 

Diethyl Phthalate Market Analysis

In the polymer & plastics sector, diethyl phthalate is used to increase the flexibility of the finished type. Accelerated industrialization, rising incomes, changing lifestyles, and the growing use of polymer items in daily lives are contributing to the sector growth. Healthcare, agriculture, textiles, housing, furniture, electronics, and construction applications employ polymer. A substance or material that is added to a material (often a plastic or elastomer) to increase its flexibility, workability, or distensibility is known as a plasticizer or softener. A plasticizer can lower the temperature of the second-order transition, the melt elastic modulus, or the viscosity of the melt.
 

Based on type, diethyl phthalate market is bifurcated into Industrial Grade and cosmetic grade. The industrial grade diethyl phthalate is used primarly as plasticizer in the manufacturing of various plastics products, such as polyvinyly chlioride (PVC) AND RUBBER. The industrial grade diethyl phthalate segment is expected to grow steadility over the next few yaers, driven by increasing demand for plasticizers and solvents in the manufacturing sector.
 

The cosmetic grade diethyl phthalate industry is used mainly as a fixative and solvent in the manufacturing of personal care and cosmetics products, such as perfumes, lotions and hair sprays, The cosmetic grade market is expexted to gro due to the increasing demand for personal care and cosmetics products in emrging countries and the growing propularity of organic and natural products.
 

Asia Pacific region is a significant market for diethyl phthalate proplled by growing industrial and consumer base.  India is estimated to hold a significant market share of the diethyl phthalate market and is expected to expand at a significant CAGR till 2032. Increasing production and sales of automotive vehicles, growing construction of residential and commercial buildings, and robust growth of the packaging industry are a few macroeconomic factors proliferating the sales of the diethyl phthalate. The country is also witnessing a significant increase in the demand for several cosmetic and personal care products, which is also anticipated to fuel the regional business growth.
 

Diethyl Phthalate Market Share

Some of the major market players operating in diethyl phthalate market are

• BASF SE
• ExxonMobil Chemical
• Eastman Chemical Company
• LG Chem
• Farinia Group
• Aekyung Petrochemical
• UPC Technology
• Teknor Apex Company
• KLJ Group
• Jayfle Plasticizers
• Mitsubishi Chemical Corporation
• Nan Ya Plastics Corporation, Ltd.
• Polynt SpA
• Jiangsu Lemon Chemical & Technology Co., Ltd.
• Vertellus Holdings LLC

These players are engaged in startergic partneships and colaboration with instllaors and manufacturer of diethyl phthalate inorder to gain a competitive advantage in the market.
 

Diethyl Phthalate  Industry News

• In February 2021, Spectrum Chemical Mfg. Corporation Receives GE Distinguished Partner Award for Applied Markets for Second Consecutive Year. This award will help the company to get recognition on larger scale.
   

This diethyl phthalate market research report includes in-depth coverage of the industry with estimates & forecast in terms revenue in USD Million from 2018 to 2032 for the following segments:

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By Type

• Industrial Grade
• Cosmetic Grade

By Purity

•  High Purity
• Ultra-high Purity

By Application

•  Blinder
• Plasticizer
• Solvent
• Cosmetic Ingredient
• Alcohol Denaturant
• Others

By End User

•  Cosmetic & Personal Care
• Plastics & Polymers
• Surfactants
• Agrochemicals
• Paints
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East
  • South Africa
  • Saudi Arabia
  • UAE