Dibasic Ester Market Analysis

End Use (Paints & Coatings, Chemical, Textile, Foundry & Casting, Agrochemicals, General Industrial)

Based on end use, the textile segment is in the dibasic ester (DBE) market is anticipated to hold 35% of the revenue share during the forecast period. This is explained by the widespread usage of polyester fibers, which are derived from ester polymers, in the production of textiles and fabrics for apparel, home furnishings, and industrial uses. Polyester materials are easy to keep and care for because of their excellent resistance to wrinkles and strong colorfastness and retention. These materials also provide excellent printability, allowing for durable and colorful designs. The amount of polyester fiber produced worldwide in 2022 was 63.3 million metric tons. Since 1975, when 3.37 million metric tons of polyester fibers were produced globally, this number indicates a notable growth in the production of polyester worldwide.

Applications (Paint Stripper, Resin, Solvent, Plasticizer, Additives)

Based on applications, the paint stripper segment in the dibasic ester market is anticipated to hold the largest revenue share during the forecast period. The growing laws prohibiting the use of dangerous chemicals in paint strippers, including methylene chloride, have increased demand for safer substitutes, such as dibasic ester. The adoption of DBE is also influenced by regulatory pressure to limit emissions of volatile organic compounds (VOCs), as it has a lower VOC content than certain other solvents. Compared to more hazardous solvents like methylene chloride, which has been connected to major health problems, dibasic ester is thought to be safer to use. Dibasic ester is becoming increasingly often used in paint remover formulas as a result of the move towards safer and greener alternatives. A versatile option for paint remover formulas, DBE can be applied on stone, metal, and wood substrates. Its expanding use in the industry is partly due to its effectiveness on various surfaces. The need for and understanding of ecologically friendly products is rising. Because DBE is more environmentally friendly than other solvents due to its biodegradability and reduced air quality impact, paint strippers are using it.

Our in-depth analysis of the global dibasic ester market includes the following segments: