Dioctyl Maleate Market Size 2024-2028
The dioctyl maleate (DOM) market size is forecast to increase by USD 66.6 million at a CAGR of 4.5% between 2023 and 2028.
- The market is experiencing significant growth due to its high usage in the cosmetics and personal care industry. This sector's increasing demand for DOM is driven by its ability to act as a plasticizer and improve the flexibility and durability of plastics. Moreover, the rise in consumer preference for eco-friendly and non-phthalate plasticizers is propelling the market's growth. Stringent regulations regarding the use of certain ingredients in personal care products have also contributed to the market's expansion. Adhering to these regulations is crucial for companies to maintain their market presence and meet consumer demands for safe and sustainable products. Overall, the market is poised for steady growth in the coming years, driven by these key trends and regulatory requirements.
What will be the Size of the Dioctyl Maleate (DOM) Market During the Forecast Period?
- The market encompasses the production and distribution of this succinic acid derivative, primarily used as a chemical intermediate and additive in various industries. Its applications span across surfactant production for wetting agents and detergents, as well as in the manufacture of paints, coatings, adhesives, plastics, and inks. In the construction sector, DOM is utilized as a plasticizer in adhesives and as a wetting agent in concrete applications. The personal care industry also employs DOM in the production of cosmetics, including moisturizers and skin care products. In textile manufacturing, DOM is used to create waterproof apparel and heat-resistant fabrics. This versatile chemical is derived from the esterification of 2-ethylhexanol and maleic anhydride, catalyzed by an esterification catalyst.
How is this Dioctyl Maleate (DOM) Industry segmented and which is the largest segment?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Application
- Surfactant
- Adhesives
- Coatings
- Others
- Geography
- APAC
- China
- India
- North America
- Canada
- US
- Europe
- Germany
- Middle East and Africa
- South America
- APAC
By Application Insights
- The surfactant segment is estimated to witness significant growth during the forecast period.
Dioctyl Maleate (DOM) functions as a crucial chemical intermediate in the synthesis of various surfactants. Surfactants are essential components in numerous industries, serving roles as detergents, wetting agents, emulsifiers, foaming agents, and dispersants. In cleaning applications, surfactants are a fundamental ingredient in detergents. They reduce the surface tension between different compounds, including liquids and gases, enabling effective cleaning. B
Beyond detergents, surfactants find applications in personal care products such as cosmetics, shampoos, shower gels, hair conditioners, and toothpaste. They are also utilized in agrochemical formulations, including herbicides, insecticides, biocides, and spermicides. Moreover, surfactants are incorporated into car engine lubricants. Given the extensive use of surfactants across various sectors, the demand for DOM is anticipated to remain steady during the forecast period.
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The Surfactant segment was valued at USD 98.80 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
- APAC is estimated to contribute 55% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market expansion is driven by the growing demand in industries such as construction and textiles in China, Japan, India, South Korea, Indonesia, and the Philippines. These countries are significant contributors to the DOM market's development due to the increasing use of DOM in producing construction adhesives, coatings, and paints.
Construction projects require substantial amounts of adhesives, coatings, and paints, making APAC a major consumer of DOM.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Dioctyl Maleate (DOM) Industry?
High usage of DOM in the cosmetics and personal care industry is the key driver of the market.
- Dioctyl Maleate (DOM) is a succinic acid derivative that serves as a valuable chemical intermediate in various industries, including construction, cosmetics, and personal care. In the organic synthesis of maleic anhydride, DOM is utilized as an additive. In the construction sector, it functions as a plasticizer in adhesives, paints, and coatings. In the cosmetics and personal care industry, DOM is employed as an emollient, surfactant, skin conditioning agent, softener, and solvent. Its applications include emulsifiers in skin creams and lotions, preventing oil and water from separating. As an emollient, it forms a protective layer, lubricates and softens the skin, and prevents it from chapping and drying.
- DOM is also used in detergent applications, such as wetting agents in soaps and detergents. Furthermore, DOM is used in various cosmetic and personal care products, including skincare, makeup, and personal care items. In skincare, it is used in moisturizers and skin care cosmetics, while in makeup, it functions as a binder and improves the spreadability of the product. In infrastructure development, DOM is used in infrastructure projects, such as housing for all, as a plasticizer in construction adhesives. In the textile industry, DOM is used in textile coatings for waterproof apparel and heat-resistant fabrics. It functions as a non-phthalate plasticizer, replacing the use of dioctyl phthalate and dibutyl maleate.
What are the market trends shaping the Dioctyl Maleate (DOM) Industry?
The rise in demand for greener and non-phthalate plasticizers is the upcoming market trend.
- The Organic Synthesis of Dioctyl Maleate (DOM) has gained significant attention in the chemical industry due to its application as a chemical intermediate in the production of Succinic Acid Derivatives. DOM is increasingly used as a non-phthalate plasticizer in various sectors, including Construction Activities, where it functions as a plasticizer in Construction Adhesives. In addition, dom is utilized in the manufacturing of additives for paints, coatings, adhesives, plasticizers, inks, skincare, makeup, infrastructure, housing for all, cosmetics, personal care products, textile coatings, waterproof apparel, and heat-resistant fabrics. Replacing traditional phthalate plasticizers, dom offers advantages such as improved performance and sustainability. As a result, the demand for DOM in the market is expected to grow substantially during the forecast period.
- In the plastic manufacturing industry, DOM is used as a raw material for manufacturing plasticizers and solvents. Its versatility extends to various applications, including as a wetting agent in Soaps, Detergents, and Food Packaging Film. Furthermore, it is used in the production of Toys, Plastic Medical Devices, and as a surfactant in various industries. The global DOM market is poised to grow due to its increasing use as a replacement for phthalate plasticizers, such as Dioctyl Phthalate and Dibutyl Maleate, in various applications. 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.
What challenges does the Dioctyl Maleate (DOM) Industry face during its growth?
Stringent regulations relating to ingredients used in personal care products is a key challenge affecting the industry growth.
- The market encompasses the production and distribution of this organic synthesis product, specifically Succinic Acid Derivatives, which is widely used as a chemical intermediate in various industries. In construction activities, DOM functions as an additive in emulsion paints, adhesives, and coatings. Additionally, it serves as a plasticizer in PVC and as a surfactant in detergents and soaps. In the cosmetics and personal care sector, DOM is utilized in skincare, makeup, and cosmetics as a moisturizer and skin care cosmetics ingredient. In infrastructure development, DOM is employed in construction adhesives and waterproof apparel manufacturing. Maleic anhydride is a significant raw material in the synthesis of DOM.
- The market for this chemical intermediate is developing, driven by its versatile applications in industries such as textiles, where it is used in textile coatings for producing heat-resistant fabrics and waterproof apparel. Furthermore, DOM is used as a wetting agent in Inks and a non-phthalate plasticizer in plastic medical devices and food packaging film. The stringent regulations governing the use of chemicals in personal care products can impact the demand for DOM in this sector. Governments worldwide, including Canada, are updating their regulatory frameworks to prohibit or restrict the use of hazardous chemicals in personal care products. Manufacturers must comply with these regulations and disclose all product ingredients to the relevant regulatory bodies.
Exclusive Customer Landscape
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Avantor Inc.
- Banner Chemicals Ltd.
- Biesterfeld AG
- Celanese Corp.
- ChemCeed
- Covalent Chemical LLC
- ESIM Chemicals GmbH
- Hallstar Innovations Corp.
- Hangzhou Qianyang Technology Co. Ltd.
- Merck KGaA
- Nayakem
- Neuchem
- Parchem Fine and Specialty Chemicals Inc.
- Polynt SpA
- Prakash Chemicals International Pvt. Ltd.
- Tokyo Chemical Industry Co., Ltd.
- YUANLI CHEMICAL GROUP Co. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Research Analyst Overview
Dioctyl maleate (DOM), a succinic acid derivative, is a versatile chemical intermediate with wide applications in various industries. This organic compound, characterized by its ester structure, is widely used as a plasticizer, surfactant, and additive in numerous applications. In this report, we provide an extensive analysis of the global market, focusing on market dynamics, growth trends, and key applications. The market is driven by the increasing demand for its applications in various industries, including construction, cosmetics, and plastics. As a plasticizer, dioctyl maleate is used to enhance the flexibility and durability of polymers, making it an essential component in the production of PVC and other plastic materials.
Moreover, in the cosmetics industry, it serves as a surfactant and emulsifying agent, contributing to the formulation of various personal care products, such as moisturizers and skin care cosmetics. The market is witnessing significant growth due to the increasing demand for eco-friendly and non-phthalate plasticizers. Dioctyl maleate, being a non-phthalate plasticizer, is gaining popularity as a safer alternative to traditional phthalates, which have been linked to health concerns. Moreover, the growing demand for sustainable and biodegradable materials in various industries is expected to further fuel the growth of the dioctyl maleate market. In the construction industry, dioctyl maleate is used as an additive in adhesives, paints, and coatings to improve their performance and durability.
Furthermore, in the cosmetics industry, it is used as a wetting agent and emulsifier in various personal care products, including skincare, makeup, and cleansing agents. Furthermore, in the plastics industry, dioctyl maleate is used as a plasticizer in the production of PVC and other polymers, contributing to the growth of the plastics industry. The market is influenced by various factors, including raw material prices, regulatory policies, and technological advancements. The availability and price of raw materials, such as maleic anhydride and succinic acid, significantly impact the production cost of dioctyl maleate. Additionally, regulatory policies, such as restrictions on the use of phthalates, are driving the demand for alternative plasticizers, including dioctyl maleate.
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Market Scope |
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Report Coverage |
Details |
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Page number |
137 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
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Market growth 2024-2028 |
USD 66.6 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.2 |
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Key countries |
US, China, India, Germany, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Dioctyl Maleate (DOM) Market Research and Growth Report?
- CAGR of the Dioctyl Maleate (DOM) industry during the forecast period
- Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the dioctyl maleate (DOM) market growth of industry companies
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