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According to the latest report by IMARC Group, titled “ Dioctyl Maleate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20222027
” the global dioctyl maleate market reached a strong growth in 2021.
Dioctyl maleate (DOM) is a transparent, colorless liquid with an ester-like odor. It is miscible with organic solvents and widely used as a chemical intermediate in various chemical processes. It is also used as a co-monomer in vinyl and acrylic emulsion polymerization for paints, adhesives, surfactants, textile coatings, and wetting agents and a safer alternative to common phthalate-based plasticizers like dioctyl phthalate (DOP). Besides this, DOM finds extensive applications across construction, adhesive, and food and beverage (F&B) industries.
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The market is primarily driven by the escalating demand for convenient and packaged food products as DOM is widely utilized in food packaging, paper plates, and cutlery. In addition, the rising product adoption in the construction industry to make adhesives, flooring underlayment, concrete, pre-finished panels, waterproofing, ceramic tiles, and roofing represents another major growth-inducing factor. Besides this, DOM functions as an emollient, plasticizer, and skin-conditioning agent in manufacturing personal care and cosmetics products, such as moisturizers, cleansers, makeup, shampoos, conditioners, and styling aids. This, coupled with the shifting consumer preferences toward waterproof and heat-resistant apparel and fabrics, is increasing the demand for DOM to manufacture textile coatings for leather and sports clothing. On account of these factors, the market is expected to witness positive growth in the coming years.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Hangzhou
Henan
Merck
Technology Co.
Chemicals Co.
Nayakem Organics
Polynt S.p.A.
TCI Chemicals (India) Pvt.
Yuanli Chemical Group Co.
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