Dibutyl Maleate (DBM) Market Size, Share, Opportunities, And Trends By Application (Inks & Coatings, Chemical Intermediate, Plasticizers, Adhesives, Others), By Physical Nature (Dry Powdered Dibutyl Maleate, Liquid Dibutyl Maleate), And By Geography - Forecasts From 2023 To 2028

Dibutyl maleate is a liquid, greasy substance that does not possess any color. It smells distinctively like an ester. The water insolubility and combustible properties of dibutyl maleate are resulting in the extensive application of dibutyl maleate in liquid and dry forms as chemical intermediaries in the manufacturing processes of coatings, inks, paints, adhesives, and plasticizers. In addition to being suitable as a dienophile for diene syntheses utilizing the Diels-Alder reaction, butyl maleate synthesis enables addition processes typically achievable with molecules bearing olefinic double bonds. Valuable intermediates, such as succinic acid dimethyl ester and other derivatives of succinic acid, which are used in many different fields of organic chemistry, can be produced through hydrogenation or acetylation of dibutyl maleate. It is used in the manufacturing of paints to give it high flexibility, stability to water, and ultra-violate light, besides a higher adherence. The expansion of the construction sector is a major factor contributing to the development of the dibutyl maleate market over the forecast period due to the resultant rise in consumption of paints, coatings, and adhesives.

Market Drivers

The rising demand for water-resistant paints and coatings

The rise in demand for paint and coatings in the construction sector and the development in paint production technology offer an opportunity for the expansion of the dibutyl maleate market. In the paint manufacturing processes, dibutyl maleate is used to generate sulfosuccinate surfactants to create coated films with desired properties. In addition, the rise in demand for water-resistant and SPF- incorporated paints and coatings necessitates the extensive application of dibutyl maleate in paint production as it enhances the UV and water resistance properties of paints. For instance, in August 2022, Asian Paints introduced a new waterproofing solution, SmartCare Hydroloc to be used across interior walls. In addition, Berger Paints Bangladesh Limited, a leading paint-producing country in Bangladesh developed a new water-resistant product ‘Mr. Expert Damp Guard’ to enhance moisture resistance of wall paints. In addition, the implementation of restrictions on the usage of VOCs in the production of paints by the Environmental Protection Agency offers a growth opportunity for the use of dibutyl maleate in the paint industry. Therefore, the growing demand for water-resistant paints fueled by the expansion of the construction sector of different economies around the world is a significant factor expected to drive the demand for dibutyl maleate over the forecast period.

Extensive need for emulsifiers in the coatings and adhesives industry

Dibutyl maleate is employed in the vinyl and acrylic emulsion polymerization procedures commonly used in the manufacture of adhesives, coatings, and paints. The growing demand for coatings and adhesives across residential, commercial, and industrial establishments to limit physical and chemical damage to buildings is promoting the innovation of emulsifiers to be used in coatings production processes which is expected to increase the demand for dibutyl maleate. For instance, in November 2022, Solvay, a science technology company introduced a new emulsifier product, Reactsurf 2490 to be used in emulsion polymerization reactions for manufacturing coatings. Therefore, the development in emulsion technology and the universal rise in demand for coatings and adhesives in the construction sector are expected to stimulate the expansion of the dibutyl maleate market over the forecast period.

However, the application of dibutyl maleate to produce plasticizers could be restrained due to its ill effects on human skin.

A research study published by the National Library of Science revealed that the use of dibutyl maleate in plasticizers has the potential to induce and aggravate dermatitis upon exposure to humans. The negative impact of dibutyl application in plasticizer production could restrict the growth of the dibutyl maleate market as plasticizer production is an essential field contributing to the consumption of dibutyl maleate in the industrial sector.

Product Offerings

Dibutyl maleate by Weifang Tuoshi Chemical Co., Ltd – Weifang Tuoshi Chemical Co., Ltd. is a leading chemical production company in China that produces first-grade dibutyl maleate (DBM) chemical as one of its main products in 200-liter drums made from iron to be used for monomer polymerization process as a plasticizer.

Maleic acid dibutyl ester (DBM) by Celanese Corporation – Celanese Corporation is a major key player in the dibutyl maleate market which produces DBM that is compatible with olefinic double bonds in bulk form and drums to be used for organic synthesis processes and as a chemical intermediary in different chemical reactions.

Dibutyl maleate by ChemService, Inc. – ChemService, Inc. produces a range of chemicals including dibutyl maleate containing a molecular weight of 228.3g in 100 mg sized packages and bulk sizes to be used as a plasticizer. Consumers can access the dibutyl maleate product produced by the company through online orders.

Asia Pacific region contributes majorly to the dibutyl maleate market and is expected to remain steady over the forecast period.

The dibutyl maleate market in the Asia Pacific region is promoted by the increasing consumption of paints and coatings in developed and developing Asian economies. The rising urban population density in countries like China and India fueled by the rapid urbanization rates is creating a high demand for residential construction projects in various metropolitan cities across these nations. For instance, the World Bank revealed that the urban population of India rapidly increase to reach from 465 million in 2018 to reach 498 million in 2021. In addition, the Ministry of Finance department of the Government of India announced in September 2021 that it will be introducing the National Infrastructure Pipeline from 2020 to 2025 which will assist in infrastructure development projects across urban areas in the country by investing approximately Rs 111 lakh crores. The increase in infrastructure development projects necessitates an increase in the consumption of paints and coatings in construction areas. The presence of major paint-producing companies such as Asian Paints and Nippon Paints results in the extensive application of dibutyl maleate in paint manufacturing procedures.

In addition, dibutyl maleate is used in the process of producing succinic acid derivatives which are used as SPF enhancers at concentrations higher than 10% in the personal care and cosmetics sector. The rise in production and consumption of SPF-incorporated products in the region offers an opportunity for increased usage of succinic acid derivatives in the cosmetics industry further fueling the demand for dibutyl maleate. The rising awareness of the negative effects of harmful sun radiation is promoting the use of SPF boosters and enhancers in the region which is expected to contribute to the development of the dibutyl maleate market in the Asia Pacific region.

Key Market Segments:

• By Application

• • Inks & Coatings
  • Chemical Intermediate
  • Plasticizers
  • Adhesives
  • Others
• By Physical Nature

• • Dry Powdered Dibutyl Maleate
  • Liquid Dibutyl Maleate
• By Geography

• North America

• • USA
  • Others

• South America

• • Brazil
  • Argentina
  • Others

• Europe

• • Germany
  • France
  • United Kingdom
  • Spain
  • Others

• Middle East and Africa

• • Saudi Arabia
  • UAE
  • Israel
  • Others

• Asia Pacific

• • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Taiwan
  • Others