Global Dioctyl Terephthalate (DOTP) Plasticizer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Dioctyl Terephthalate (DOTP) Plasticizer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Dioctyl Terephthalate (DOTP) Plasticizer is an organic compound with the chemical formula C 6 H 4 (CO 2 C 8 H 17) 2. It is a non-phthalate plasticizer used in PVC sizing and pulp mixtures to increase the free volume between polymer chains, thereby improving chain fluidity and film flexibility, to increase tensile strength.

Market Overview:

The latest research study on the global Dioctyl Terephthalate (DOTP) Plasticizer market finds that the global Dioctyl Terephthalate (DOTP) Plasticizer market reached a value of USD 1987.16 million in 2022. It’s expected that the market will achieve USD 3154.19 million by 2028, exhibiting a CAGR of 8.0% during the forecast period.

Development of Downstream Industry Drives Growth of DOTP Market

It has a wide range of downstream applications, involving wire and cable, artificial leather, automobiles, food, Flexible PVC, and other fields. In recent years, with the development of the automobile industry, auto parts and related processing industries have also developed rapidly, such as wire and cable, artificial leather, Gaskets and so on. At the same time, the real estate industry, as a pillar industry of national economic development in many countries, has maintained a relatively fast development speed, so it has also led to the development of industries engaged in real estate development, construction, operation, management, maintenance, and decoration. DOTP is in these fields All have a large market, such as flooring, wallpaper, furniture made of PVC, and decorative products, which are widely used. Therefore, it drives the development of the DOTP market.

Region Overview:

From 2022-2027, APAC is estimated to witness robust growth prospects.

Company Overview:

LG Chem Ltd (LG Chem), a subsidiary of LG Corp, is a chemical manufacturer. The company produces and sells petrochemicals, IT and electronic materials, and energy solutions. Its product portfolio includes polyvinyl chloride (PVC), ethylene, propylene, butadiene, benzene, polarizers, glass substrates, semiconductor materials, and reverse osmosis membranes, among others. It also provides growth hormones, vaccines, and anti-diabetic products, and manufactures and supplies display and battery materials for LCD photoresists, OLED materials, battery materials, etc.

Segmentation Overview:

By type, Industrial Grade segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Cables and wires segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Dioctyl Terephthalate (DOTP) Plasticizer market covered in Chapter 3:

Jiangsu Lemon Chemical & Technology
Eastman
BASF
Grupa Azoty ZAK SA
UPC
Aekyung Petrochemical
OXEA
Nan Ya Plastics
Bluesail Chemical
Meltem Kimya
LG Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Dioctyl Terephthalate (DOTP) Plasticizer market from 2018 to 2029 is primarily split into:

Non-industrial Grade
Industrial Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dioctyl Terephthalate (DOTP) Plasticizer market from 2018 to 2029 covers:

Automotive
Flexible PVC
Cables and wires
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)