Industry and News Dioctyl Pthalate (DOP) Market | Page 2

baby food. Babies receiving multiple treatments, feedings or transfusions via a medical tubing
comprising phthalates are likely to be more exposed to phthalates. Infants in Neonatal Intensive
Care Unit (NICU) are more prone to phthalate exposure. Dioctyl phthalate is also known as di (2-
ethylhexyl) phthalate (DEHP) and is one of the most widely available general purpose plasticizers. It
is the phthalate ester of the alcohol 2-ethyl butyraldehyde by self-synthesis from propylene. DEHP is
a plasticizer that offers an all-round performance and is used as a cost-effective alternative in
applications for building materials, flooring cables, roof membranes and medical products.
It contains additives, which on adding to a particular material augments the flexibility and plasticity
of the material making it easy to process and handle. On a commercial basis, dioctyl phthalate
market witnessed a double-digit CAGR growth for the assessment period. Overall, the market
scenario experienced trajectory growth in demand from the end-use industries ultimately resulting
into market growth.
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The key driving factors responsible for the growth of dioctyl pthalate are growth in demand from
film and sheets industry, cable and wiring and consumer goods. Additionally, the augmented
demands from developing regions worldwide especially APEJ regions have contributed more
towards the growth of market. Moreover, its use as a plasticizer and cost effectiveness of dioctyl
phthalate contributes to the growth of market. However, availability of substitute devices by non-
phthalate plasticizers such as in food and medical devices is likely to impede the dioctyl pthalate
market growth.
On the basis of geographic segmentation, the global dioctyl pthalate market spans North America,
Europe, APEJ, Japan, Middle-East and Africa. APEJ regions were anticipated to grow at a higher
CAGR during the assessment period and were mainly driven by the growth in demand for dioctyl
pthalate from China. The key players in the global dioctyl pthalate market include Eastman Chemical
Company, LG Chem Ltd, Sinopec Jinling Petrochemical Co Ltd, Hefei TNJ Chemical Industry Co Ltd,
UPC technology Corp.