Dioctyl Maleate (DOM) Market Size, Share, Opportunities, And Trends By Application (Surfactant, Adhesives, Chemical Intermediate, Inks & Coatings, Plasticizers, Others) And By Geography - Forecasts From 2023 To 2028

  • Published : Apr 2023
  • Report Code : KSI061615030
  • Pages : 142

Dioctyl maleate is a colorless, transparent liquid that smells like ester. It is immiscible with water and aliphatic hydrocarbons, but miscible with methanol, ethanol, and toluene.  The commercial and chemical manufacture of Fumaric acid dialkyl ester employs DOM to generate heat reactions with acids or bases. The expansion of the construction sector fueled by the rise in building development projects is a major factor contributing to the development of the dioctyl maleate market over the forecast period due to the resultant increase in the production of paints, coatings, and adhesives. The various applications that extensively consume dioctyl maleate are chemical intermediaries, surfactants, adhesives, inks, coatings, and plasticizers. The widespread use of dioctyl maleate in different manufacturing processes is anticipated to drive the expansion of the dioctyl maleate market over the forecast period.

Market Drivers

The increase in consumption of personal care and cosmetic products

The increase in demand for certain cosmetics and personal care products results in a rise in the need for surfactants manufactured using dioctyl maleate as a chemical intermediary. Several shampoos and cleansers in the personal care industry employ anionic detergents in the form of sulfosuccinates such as sodium dioctyl sulfosuccinate to formulate strong shampoos to eliminate dirt and grease from oily hair. For instance, the Color Extend Magnetics manufactured by Redken contains sulfosuccinate. The rising demand for shampoos driven by the adoption of effective hygiene practices and the growing disposable income levels are resulting in the advancement in sulfosuccinate surfactant production technology and methods. For instance, MFG Chemical Company, an international specialty chemical manufacturing company announced that it will be improving the manufacturing capability of its dioctyl sodium sulfosuccinate-producing factories in Georgia in January 2020. Moreover, dioctyl maleate is frequently employed as an emollient and an exterior healing component in skin care cosmetics that contain surfactants to eliminate skin irritation and soreness. Apart from this, dioctyl maleate is commonly utilized in producing detergents and soaps by personal care products manufacturing companies due to its wetting properties and surface tension reduction ability. Therefore, the rise in demand for personal care and cosmetic products is expected to increase the demand for dioctyl maleate over the forecast period.

Increasing demand for the textile industry

The surge in demand for textile coatings and dyes in the textile industry as a result of increased textile expenditure by consumers and the rise in consumer demand for contemporary textile designs is anticipated to stimulate the growth of the dioctyl maleate market since dioctyl maleate is used to manufacture dye surfactants and textile coatings. The Indian Brand Equity Foundation estimated that the textile industry in India exported garments and textiles worth US$ 44.4 billion in 2022. In addition, several companies in the Indian textile industry such as Indo Count Industries Ltd. and Bella Casa Fashion & Retail Ltd. announced the expansion of their production units in 2021. The rise in production activities of the textile industry across the world is encouraging the development of new textile coatings which will result in increased consumption of dioctyl maleate to produce such coatings with water and heat resistance properties. 

The availability of substitutes such as dibutyl maleate could restrain the growth of the dioctyl maleate market.

The presence of cheaper substitutes to dioctyl maleates such as dibutyl maleate, dioctyl adipate, and dioctyl phthalate has the potential of restricting the growth of dioctyl maleate as a plasticizer and in the construction sector. In addition, the lack of dioctyl maleate supply and production facilities in several developing countries is resulting in lower consumption of dioctyl maleate. However, the implementation of government regulation on the use of substitutes such as dibutyl maleate due to the negative health impacts associated with it could result in additional consumption of dioctyl maleate.

Product Offerings

Bis(2-ethylhexyl) Maleate by TCI Chemicals (India) Pvt. Ltd. – TCI Chemicals Pvt. Ltd. is an Indian chemical production company that manufactures liquid dioctyl maleate (DOM) chemical product with a minimum level of 96% purity and distributes it from its warehouses in Japan and Hyderabad, India in 25 ml and 500 ml packages in addition to accepting bulk orders.

STAFLEX DOM by Hallstar Company – Hallstar Company is a major key player in the dioctyl maleate market which produces DOM as a part of its STAFLEX Maleates product line to employ dioctyl maleate in manufacturing surfactants sourcing from sodium dioctyl sulfosuccinate as a chemical intermediary and formulating paints. 

Di-octyl Maleate (DOM) by Polynt – Polynt produces dioctyl maleate containing a molecular weight of 340.5 moles with approximately 99% of Esther content and a shelf life of 1 year. The dioctyl maleate product manufactured by the company is available in different packaging methods including IBC, steel drum, and other bulk packaging methods.  

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

The dioctyl maleate market in the Asia Pacific region is promoted by the simultaneous growth in its construction, textile, paint, and cosmetics industries. 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 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 creates an opportunity for the use of dioctyl maleate in paint and water-resistance coating manufacturing procedures. In addition, the rising demand for surfactants for generating oilfield chemicals, lubricants, and food processing solutions in major Asian economies such as China, India, Japan, and South Korea as a result of their increasing developmental needs provides an opportunity for the expansion of dioctyl maleate market in the region.

Key Market Segments:

  • By Application
    • Surfactant
    • Adhesives
    • Chemical Intermediate
    • Inks & Coatings
    • Plasticizers
    • Others
  • 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

1.    INTRODUCTION

1.1.   Market Overview

1.2.   Market Definition

1.3.   Scope of the Study

1.4.   Market Segmentation

1.5.   Currency

1.6.   Assumptions

1.7.   Base, and Forecast Years Timeline

2.    RESEARCH METHODOLOGY 

2.1.   Research Data

2.2.   Assumptions

3.    EXECUTIVE SUMMARY

3.1.   Research Highlights

4.    MARKET DYNAMICS

4.1.   Market Drivers

4.2.   Market Restraints

4.3.   Porter’s Five Force Analysis

4.3.1.Bargaining Power of Suppliers

4.3.2.Bargaining Power of Buyers

4.3.3.Threat of New Entrants

4.3.4.Threat of Substitutes

4.3.5.Competitive Rivalry in the Industry

4.4.   Industry Value Chain Analysis

5.    DIOCTYL MALEATE (DOM) MARKET ANALYSIS, BY APPLICATION

5.1.   Introduction

5.2.   Surfactant

5.3.   Adhesives

5.4.   Chemical Intermediate

5.5.   Inks & Coatings

5.6.   Plasticizers

5.7.   Others

6.    DIOCTYL MALEATE (DOM) MARKET, BY GEOGRAPHY

6.1.   Introduction

6.2.   North America

6.2.1.USA

6.2.2.Canada

6.2.3.Mexico

6.3.   South America

6.3.1.Brazil

6.3.2.Argentina

6.3.3.Others

6.4.   Europe

6.4.1.Germany

6.4.2.France

6.4.3.United Kingdom

6.4.4.Spain

6.4.5.Others

6.5.   Middle East And Africa

6.5.1.Saudi Arabia

6.5.2.UAE

6.5.3.Israel

6.5.4.Others

6.6.   Asia Pacific

6.6.1.China

6.6.2.Japan

6.6.3.India

6.6.4.South Korea

6.6.5.Indonesia

6.6.6.Thailand

6.6.7.Taiwan

6.6.8.Others

7.    COMPETITIVE ENVIRONMENT AND ANALYSIS

7.1.   Major Players and Strategy Analysis

7.2.   Emerging Players and Market Lucrativeness

7.3.   Mergers, Acquisitions, Agreements, and Collaborations

7.4.   Vendor Competitiveness Matrix

8.    COMPANY PROFILES

8.1.   Celanese Corporation

8.2.   Sigma-Aldrich, Inc.

8.3.   Hangzhou Qianyang Technology Co. Ltd.

8.4.   Polynt

8.5.   Hallstar Company

8.6.   TCI Chemicals (India) Pvt. Ltd.

8.7.   Prakash Chemicals International

8.8.   Jigs Chemical

8.9.   Nayakem

8.10.  Van Horn, Metz & Co., Inc.


Celanese Corporation

Sigma-Aldrich, Inc.

Hangzhou Qianyang Technology Co. Ltd.

Polynt

Hallstar Company

TCI Chemicals (India) Pvt. Ltd.

Prakash Chemicals International

Jigs Chemical

Nayakem

Van Horn, Metz & Co., Inc.