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The dioctyl maleate (DOM) market share is expected to increase by USD 62.06 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.22%.
This dioctyl maleate (DOM) market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dioctyl maleate (DOM) market segmentation by application (surfactant, adhesives, coatings, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The dioctyl maleate (DOM) market report also offers information on several market vendors, including Avantor Inc., Banner Chemicals Ltd, Biesterfeld AG, Celanese Corp., ChemCeed LLC, Covalent Chemical LLC, ESIM Chemicals GmbH, Hallstar Innovations Corp., Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Nayakem Organics Pvt. Ltd., Neuchem, Parchem Fine and Specialty Chemicals, Polynt Spa, Prakash Chemicals International Pvt. Ltd., Tokyo Chemical Industry Co. Ltd., and YUANLI CHEMICAL GROUP Co. Ltd. among others.
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The high usage of DOM in the cosmetics and personal care industry is notably driving the dioctyl maleate (DOM) market growth, although factors such as stringent regulations relating to ingredients used in personal care products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dioctyl maleate (DOM) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Dioctyl Maleate (DOM) Market Driver
One of the key factors driving growth in the dioctyl maleate (DOM) market is the high usage of DOM in the cosmetics and personal care industry. DOM is used in the cosmetics and personal care industry as an emollient, surfactant, skin conditioning agent, softener, conditioner, and solvent. All these applications have led to increased use in the personal care and cosmetic industry in a wide range of applications. Emulsifiers, emollients, and surfactants are used in cosmetics and personal care products, such as skin creams, lotions, sunscreen, shampoos, hair dyes, and face washes. When added to cosmetic products, DOM works as an emollient, opacifier, and softener. It helps to balance and sustain the skin's moisture level without leaving a greasy residue. Thus, the multifunctional properties of DOM can lead to its increased use in personal care and cosmetic products. The increasing demand for DOM for these products will contribute to the growth of the global DOM market.
Key Dioctyl Maleate (DOM) Market Trend
The upsurge in demand for greener and non-phthalate plasticizers is a dioctyl maleate (DOM) market trend that is expected to have a positive impact in the coming years. In recent years, the plastic manufacturing industry has rapidly introduced greener and non-phthalate plasticizers to support sustainability. In the plastic manufacturing industry, DOM is used as a raw material for manufacturing plasticizers and solvents. DOM is considered a potential replacement for petroleum-based plasticizers, including phthalate plasticizers, that are added to manufacture PVC, the largest consumed commodity plastic. Thus, the vast market potential of DOM plasticizers in the global plastic manufacturing industry will augment the growth of the global DOM market during the forecast period.
Key Dioctyl Maleate (DOM) Market Challenge
The stringent regulations relating to ingredients used in personal care products will be a major challenge for the dioctyl maleate (DOM) market during the forecast period. Due to the increasing concerns about the side effects and health risks associated with chemicals used in personal care products, lawmakers are seeking to tighten the regulatory framework. The disclosure of the ingredients used in personal care products is a challenge for personal care product manufacturers. They must abide by the government regulations that prohibit them from using any ingredients that can be carcinogenic or have negative impacts on the health of the consumers. These regulations ensure that the manufacturers of personal care products in Europe take the utmost care in developing their products. Such stringent laws relating to the assessment of personal care products and the mandatory registration of chemicals used in the products can pose a challenge for new entrants and emerging players in the global DOM market. These regulations can hamper the growth of the global DOM market.
This dioctyl maleate (DOM) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global dioctyl maleate (DOM) market as a part of the global commodity chemicals market within the global chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dioctyl maleate (DOM) market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the dioctyl maleate (DOM) market encompasses successful business strategies deployed by the key vendors. The dioctyl maleate (DOM) market is fragmented and the vendors are deploying growth strategies such as distinguishing their product offerings through clear and unique value propositions to compete in the market.
avantorsciences.com - The company offers dioctyl maleate which is used in applications such as latex paints and textiles as well as a specialty plasticizer.
avantorsciences.com - Under the Americas segment, the company sells materials and consumables, equipment and instrumentation, and services and specialty procurement to customers in the biopharma, healthcare, education, and government and advanced technologies and applied materials industries in regions of America.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The dioctyl maleate (DOM) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the dioctyl maleate (DOM) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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52% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for dioctyl maleate (DOM) in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The growth of key end-use industries such as building and construction and textile industries in China, Japan, and India will facilitate the dioctyl maleate (DOM) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic negatively impacted the DOM market in APAC. The governments of various countries, such as China, India, and Japan, imposed nationwide lockdowns to contain the spread of the disease. This led to the shutting down of the manufacturing units of regional vendors. However, in H2 2021, due to the availability of COVID-19 vaccines, the number of COVID-19 cases in the region declined. This led to lifting COVID-19-related restrictions and reopening manufacturing units of vendors and end-user industries, which has increased the demand for DOM in the region.
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The dioctyl maleate (DOM) market share growth by the surfactant segment will be significant during the forecast period. Surfactants are used in agrochemical formulations, including herbicides, insecticides, biocides, and spermicides. They are also sometimes added to car engine lubricants. Thus, the high application areas of surfactants will likely boost the demand for DOM during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the dioctyl maleate (DOM) market size and actionable market insights on the post-COVID-19 impact on each segment.
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Dioctyl Maleate (DOM) Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.22% |
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Market growth 2022-2026 |
$ 62.06 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.7 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 52% |
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Key consumer countries |
US, Canada, China, India, Germany, and Italy |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Avantor Inc., Banner Chemicals Ltd, Biesterfeld AG, Celanese Corp., ChemCeed LLC, Covalent Chemical LLC, ESIM Chemicals GmbH, Hallstar Innovations Corp., Hangzhou Qianyang Technology Co. Ltd., Henan GP Chemicals Co. Ltd., Merck KGaA, Nayakem Organics Pvt. Ltd., Neuchem, Parchem Fine and Specialty Chemicals, Polynt Spa, Prakash Chemicals International Pvt. Ltd., Tokyo Chemical Industry Co. Ltd., and YUANLI CHEMICAL GROUP Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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