Global DIDP Plasticizer Market Worth
USD 2.42 Billion by 2019
Diisodecyl phthalate (DIDP) is a commonly used plasticizer used in the production of plastic and
plastic coating to increase flexibility. It is a mixture of compounds derived from the esterification
of phthalic acid and isomeric decyl alcohols. It is used primarily to soften Polyvinyl chloride (PVC).
Its main properties include volatility resistance, heat stability and electric insulation. It is
frequently used as a plasticiser for heat-resistant electrical cords, artificial leather used in car
interiors, and PVC flooring. Non-PVC applications are relatively small but include use in anticorrosion and anti-fouling paints, sealing compounds and textile inks. The coating on furnishings,
cookware, pharmaceutical pills, food wrappers and many other products may have DIDP or other
phthalates in them.
Global DIDP Plasticizer Market is expected to reach approximately USD 2.42 billion by 2019, and
signifying a firm annualized growth rate of over 5.40%.Currently, Asia-Pacific is the largest
consumer of DIDP plasticizers, which consumed about half of the total demand in 2014. Among
all the countries, China dominates the DIDP plasticizers market, which consumed the maximum
volume of DIDP plasticizers in 2014. Asia-Pacific is the fastest growing country. The European and
North American markets are comparatively mature with a demand growth well below the
average market growth.
Due to growing demand for DIDP Plasticizer, many companies have invested in the production.
Currently major manufacturers of DIDP Plasticizer include Exxon Mobil (U.S.), LG Chem (Korea),
BASF (Germany), Aekyung Petrochemical Co. (Korea), UPC Technology (Taiwan), Nan Ya Plastics
Corporation (Taiwan), KLJ GROUP (India), KH Neochem Co. (Japan) and so on.
Read Full Report: http://www.gosreports.com/global-didp-plasticizer-market-research-report2016/
Joanna | Executive – International Business and partner Relations...