Diphenyl Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Diphenyl Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)


The Diphenyl Oxide Market is undergoing a transformative phase, characterized by surging demand across diverse industries and a robust drive towards innovation amidst market challenges. Diphenyl oxide, also recognized as diphenyl ether, has emerged as a versatile compound with applications spanning from heat transfer fluids to fragrance chemicals, flame retardants, and pharmaceuticals. As the market expands, it faces both opportunities and obstacles, necessitating strategic adaptation and innovation to sustain growth.

Rising Demand for Heat Transfer Fluids

One of the primary growth catalysts for the diphenyl oxide market is the escalating demand for heat transfer fluids. Diphenyl oxide, in conjunction with biphenyl, forms a critical component of heat transfer fluids widely utilized in sectors such as automotive, oil & gas, and renewable energy. The proliferation of concentrated solar power (CSP) plants further amplifies the need for efficient heat transfer fluids, thereby fueling the demand for diphenyl oxide.

Strategic Market Strategies and Technological Advancements

Market players are proactively embracing strategic market strategies to meet the evolving global demand for diphenyl oxide. This entails product diversification, meticulous understanding of regional market dynamics, and the adoption of innovative marketing tactics. Moreover, technological advancements play a pivotal role in enhancing production efficiency, reducing environmental impact, and improving product quality. These strategic endeavors are crucial for maintaining market competitiveness and addressing the ever-changing needs of consumers.

Regional Dominance of East Asia

East Asia emerges as a significant player in the global diphenyl oxide market, owing to its diverse geopolitical landscape and substantial consumer base. China, in particular, stands out as a major producer of diphenyl oxide in the region. Market players in East Asia are capitalizing on local opportunities by offering tailored products and strengthening their brand presence. The region's promising growth prospects make it a focal point for market expansion and development.

Focus on Economic Range Products

Meeting consumer demands for cost-effective yet high-quality products is paramount for manufacturers in the diphenyl oxide market. Thus, there is a concerted effort towards the development of economic range products that do not compromise on quality. This emphasis on affordability and quality drives product innovation, stimulating demand and enhancing sales within the market. By offering innovative and cost-effective solutions, manufacturers aim to cater to a diverse range of consumer needs across different industries.

Competitive Analysis

The global diphenyl oxide market boasts a moderately fragmented landscape, characterized by the presence of numerous players operating on various scales. Key industry players such as Eastman Chemical Company, The Dow Chemical Company, and Lanxess wield significant influence in shaping market dynamics. The market's competitiveness is further intensified by the presence of regional and domestic players, fostering continuous innovation and market growth.

Market Segmentation

By Product Form:
• Solid
• Liquid

By End Use:
• Heat Transfer Fluids
• Fragrance Chemicals
• Industrial Surfactants
• Flame Retardants
• Pharmaceuticals
• Polymer Production
• Others

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

Please note: The PDF e-mail from publisher version of this report is for a global site license. Delivery Timelines - 5 working days.


1. Executive Summary
1.1. Global Diphenyl Oxide Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Production Output and Trade Statistics, 2018-2023
3.1. Global Diphenyl Oxide, Production Output, by Region, 2018 – 2023
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Global Diphenyl Oxide Market Outlook, 2018 – 2031
4.1. Global Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
4.1.1. Key Highlights
4.1.1.1. Solid
4.1.1.2. Liquid
4.2. Global Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Heat Transfer Fluids
4.2.1.2. Fragrance Chemicals
4.2.1.3. Industrial Surfactants
4.2.1.4. Flame Retardants
4.2.1.5. Pharmaceuticals
4.2.1.6. Polymer Production
4.2.1.7. Others
4.3. Global Diphenyl Oxide Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 – 2031
4.3.1. Key Highlights
4.3.1.1. North America
4.3.1.2. Europe
4.3.1.3. Asia Pacific
4.3.1.4. Latin America
4.3.1.5. Middle East & Africa
5. North America Diphenyl Oxide Market Outlook, 2018 – 2031
5.1. North America Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.1.1. Key Highlights
5.1.1.1. Solid
5.1.1.2. Liquid
5.2. North America Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.2.1. Key Highlights
5.2.1.1. Heat Transfer Fluids
5.2.1.2. Fragrance Chemicals
5.2.1.3. Industrial Surfactants
5.2.1.4. Flame Retardants
5.2.1.5. Pharmaceuticals
5.2.1.6. Polymer Production
5.2.1.7. Others
5.3. North America Diphenyl Oxide Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. U.S. Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.3.1.2. U.S. Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.3.1.3. Canada Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.3.1.4. Canada Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Diphenyl Oxide Market Outlook, 2018 – 2031
6.1. Europe Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.1.1. Key Highlights
6.1.1.1. Solid
6.1.1.2. Liquid
6.2. Europe Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.2.1. Key Highlights
6.2.1.1. Heat Transfer Fluids
6.2.1.2. Fragrance Chemicals
6.2.1.3. Industrial Surfactants
6.2.1.4. Flame Retardants
6.2.1.5. Pharmaceuticals
6.2.1.6. Polymer Production
6.2.1.7. Others
6.3. Europe Diphenyl Oxide Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1. Key Highlights
6.3.1.1. Germany Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.2. Germany Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.3. U.K. Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.4. U.K. Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.5. France Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.6. France Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.7. Italy Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.8. Italy Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.9. Turkey Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.10. Turkey Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.11. Russia Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.12. Russia Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.13. Rest of Europe Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.1.14. Rest of Europe Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Diphenyl Oxide Market Outlook, 2018 – 2031
7.1. Asia Pacific Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.1.1. Key Highlights
7.1.1.1. Solid
7.1.1.2. Liquid
7.2. Asia Pacific Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Heat Transfer Fluids
7.2.1.2. Fragrance Chemicals
7.2.1.3. Industrial Surfactants
7.2.1.4. Flame Retardants
7.2.1.5. Pharmaceuticals
7.2.1.6. Polymer Production
7.2.1.7. Others
7.3. Asia Pacific Diphenyl Oxide Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1. Key Highlights
7.3.1.1. China Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.2. China Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.3. Japan Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.4. Japan Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.5. South Korea Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.6. South Korea Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.7. India Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.8. India Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.9. Southeast Asia Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.1.10. Southeast Asia Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.11. Rest of Asia Pacific Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.12. Rest of Asia Pacific Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Diphenyl Oxide Market Outlook, 2018 – 2031
8.1. Latin America Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.1.1. Key Highlights
8.1.1.1. Solid
8.1.1.2. Liquid
8.2. Latin America Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.2.1.1. Heat Transfer Fluids
8.2.1.2. Fragrance Chemicals
8.2.1.3. Industrial Surfactants
8.2.1.4. Flame Retardants
8.2.1.5. Pharmaceuticals
8.2.1.6. Polymer Production
8.2.1.7. Others
8.3. Latin America Diphenyl Oxide Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1. Key Highlights
8.3.1.1. Brazil Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1.2. Brazil Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1.3. Mexico Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1.4. Mexico Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1.5. Argentina Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.6. Argentina Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.7. Rest of Latin America Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.1.8. Rest of Latin America Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Diphenyl Oxide Market Outlook, 2018 – 2031
9.1. Middle East & Africa Diphenyl Oxide Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.1.1. Key Highlights
9.1.1.1. Solid
9.1.1.2. Liquid
9.2. Middle East & Africa Diphenyl Oxide Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.2.1. Key Highlights
9.2.1.1. Heat Transfer Fluids
9.2.1.2. Fragrance Chemicals
9.2.1.3. Industrial Surfactants
9.2.1.4. Flame Retardants
9.2.1.5. Pharmaceuticals
9.2.1.6. Polymer Production
9.2.1.7. Others
9.3. Middle East & Africa Diphenyl Oxide Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1. Key Highlights
9.3.1.1. GCC Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.2. GCC Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.3. South Africa Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.4. South Africa Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.5. Egypt Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.6. Egypt Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.7. Nigeria Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.8. Nigeria Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.9. Rest of Middle East & Africa Diphenyl Oxide Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.1.10. Rest of Middle East & Africa Diphenyl Oxide Market End Use, Volume (Tons) and Value (US$ Bn), 2018 – 2031
9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape 10.1.Application vs End Use Heatmap 10.2.Manufacturer vs End Use Heatmap
10.3.Company Market Share Analysis, 2023 10.4.Competitive Dashboard
10.5.Company Profiles
10.5.1. Eastman Chemical Company
10.5.1.1. Company Overview
10.5.1.2. Product Portfolio
10.5.1.3. Financial Overview
10.5.1.4. Business Strategies and Development
10.5.2. The Dow Chemical Company
10.5.3. Lanxess
10.5.4. Schultz Canada Chemicals Ltd.
10.5.5. HJ Arochem Private Limited
10.5.6. Radco Industries, Inc.
10.5.7. Berjé Inc.
10.5.8. Allan Chemical Corporation
10.5.9. Augustus Oils Ltd.
10.5.10. Beijing LYS Chemicals Co., Ltd.
10.5.11. Ernesto Ventós, S.A.
11. Appendix
11.1.Research Methodology
11.2.Report Assumptions 11.3.Acronyms and Abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings