디이소노닐 프탈레이트 시장 규모, 점유율, 성장 분석 : 폴리머 유형별, 용도별, 최종 이용 산업별, 유통 채널별, 제조 공정별, 지역별 - 산업 예측(2024-2031년)

Global Diisononyl Phthalate Market size was valued at USD 3.0 billion in 2022 and is poised to grow from USD 3.13 billion in 2023 to USD 4.35 billion by 2031, growing at a CAGR of 4.2% during the forecast period (2024-2031).

The diisononyl phthalate (DINP) market has witnessed steady growth, fueled by rising demand for plastic products across various sectors including construction, automotive, and consumer goods. As a prevalent plasticizer, DINP enhances the strength, durability, and workability of plastics, making it a vital component in manufacturing PVC-based products such as pipes, cables, and flooring materials, particularly in the construction industry. Additionally, its application in automotive settings, especially for interiors and wiring, contributes significantly to market expansion. The demand for DINP in consumer products such as toys and packaging further supports this growth trajectory. However, the market is increasingly influenced by regulatory challenges and environmental concerns surrounding phthalate use, prompting shifts in formulations and a heightened interest in alternative plasticizers. As health and safety regulations tighten in some jurisdictions, manufacturers are compelled to innovate towards more sustainable options. The Asia-Pacific region stands out as a key growth driver for the DINP market, propelled by rapid industrialization, urbanization, and ongoing infrastructure development within construction and automotive sectors. Despite this positive outlook, the market faces challenges from raw material price volatility and a broader transition toward environmentally-friendly, bio-based plasticizers. Overall, while the DINP market continues to expand, navigating regulatory landscapes and shifting consumer preferences toward sustainability will be critical for future success.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Diisononyl Phthalate market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Diisononyl Phthalate Market Segmental Analysis

Global Diisononyl Phthalate Market is segmented by polymer type, application, end use industry, distribution channel, manufacturing process and region. Based on polymer type, the market is segmented into PVC (flexible PVC, rigid PVC), acrylics (general purpose acrylics, specialty acrylics), polyurethanes (flexible polyurethanes, rigid polyurethanes) and others. Based on application, the market is segmented into wire & cable (insulation, jacketing), flooring & wall covering (vinyl flooring, wallpapers, synthetic leather), consumer goods (toys, footwear, gloves), films & sheets (packaging films, decorative films), coated fabrics (upholstery, industrial fabrics) and others. Based on end use industry, the market is segmented into automotive (interior components, exterior components), construction (pipes & fittings, window profiles), packaging (food packaging, non-food packaging), electronics (insulation materials, electronic components), medical (medical devices, medical packaging), leisure & sports (sports equipment, leisure products). Based on distribution channel, the market is segmented into direct sales, distributors and online retail. Based on manufacturing process, the market is segmented into chemical esterification and oxidation. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Diisononyl Phthalate Market

One of the key drivers propelling the global Diisononyl Phthalate (DINP) market is the rising demand for precision machining and cutting tools. This demand is primarily fueled by the construction sector, which extensively utilizes DINP in the manufacture of PVC-based products such as pipes, cables, and flooring materials. As infrastructure projects expand and urbanization accelerates, particularly in the Asia-Pacific region, the requirement for DINP continues to surge. The ongoing development and improvement of urban infrastructure projects in various territories have significantly contributed to the heightened demand for this essential plasticizer, making it a vital component in the construction industry.

Restraints in the Global Diisononyl Phthalate Market

One significant restraint in the Global Diisononyl Phthalate market stems from heightened regulatory scrutiny and environmental concerns linked to phthalates. With the implementation of strict regulations and policies regarding the use of certain phthalates, including DINP, in consumer products worldwide, manufacturers are increasingly pressured to explore alternative plasticizers. This growing emphasis on environmental sustainability and safety poses challenges for companies reliant on traditional phthalates, compelling them to adapt their production processes and seek out compliant and eco-friendly substitutes, ultimately affecting market dynamics and growth potential in the industry.

Market Trends of the Global Diisononyl Phthalate Market

The Global Diisononyl Phthalate (DINP) market is witnessing a significant shift towards sustainability and eco-friendly solutions in response to increasing environmental concerns. As industries strive for greener practices and compliance with stringent regulations, bio-based plasticizers are emerging as viable alternatives to traditional phthalates, including DINP. This trend not only reflects a broader commitment to reducing ecological footprints but also stimulates ongoing research and development focused on enhancing the performance characteristics of DINP. As manufacturers adapt to these evolving demands, the market is expected to increasingly prioritize sustainable innovations, shaping the future of plasticizer applications across various sectors.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Customer & Buying Criteria Analysis

Global Diisononyl Phthalate Market Size by Polymer Type & CAGR (2024-2031)

• Market Overview
• PVC
  • Flexible PVC
  • Rigid PVC
• Acrylics
  • General Purpose Acrylics
  • Specialty Acrylics
• Polyurethanes
  • Flexible Polyurethanes
  • Rigid Polyurethanes
• Others

Global Diisononyl Phthalate Market Size by Application & CAGR (2024-2031)

• Market Overview
• Wire & Cable
  • Insulation
  • Jacketing
• Flooring & Wall Covering
  • Vinyl Flooring
  • Wallpapers
  • Synthetic Leather
• Consumer Goods
  • Toys
  • Footwear
  • Gloves
• Films & Sheets
  • Packaging Films
  • Decorative Films
• Coated Fabrics
  • Upholstery
  • Industrial Fabrics
• Others

Global Diisononyl Phthalate Market Size by End Use Industry & CAGR (2024-2031)

• Market Overview
• Automotive
  • Interior Components
  • Exterior Components
• Construction
  • Pipes & Fittings
  • Window Profiles
• Packaging
  • Food Packaging
  • Non-Food Packaging
• Electronics
  • Insulation Materials
  • Electronic Components
• Medical
  • Medical Devices
  • Medical Packaging
• Leisure & Sports
  • Sports Equipment
  • Leisure Products

Global Diisononyl Phthalate Market Size by Distribution Channel & CAGR (2024-2031)

• Market Overview
• Direct Sales
• Distributors
• Online Retail

Global Diisononyl Phthalate Market Size by Manufacturing Process & CAGR (2024-2031)

• Market Overview
• Chemical Esterification
• Oxidation

Global Diisononyl Phthalate Market Size & CAGR (2024-2031)

• North America, (Polymer Type, Application, End Use Industry, Distribution Channel, Manufacturing Process)
  • US
  • Canada
• Europe, (Polymer Type, Application, End Use Industry, Distribution Channel, Manufacturing Process)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Polymer Type, Application, End Use Industry, Distribution Channel, Manufacturing Process)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Polymer Type, Application, End Use Industry, Distribution Channel, Manufacturing Process)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Polymer Type, Application, End Use Industry, Distribution Channel, Manufacturing Process)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ExxonMobil Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eastman Chemical Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aekyung Petrochemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PolyOne Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KLJ Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DAIHACHI CHEMICAL INDUSTRY Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UPC Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bluesail Chemical Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HongXin Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Henan Qingan Chemical Hi-tech Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GREAT CHEMICAL SCIENCE & TECHNOLOGY Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nan Ya Plastics Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation