Diethyl Phthalate Market Size

Diethyl Phthalate Market size is expected to reach USD 253 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of diethyl phthalate was USD 141 Million. The rising use of makeup and personal hygiene products from the cosmetic sectors is the main driver of the diethyl phthalate market expansion. The younger generation has begun using cosmetics and personal care items including hair sprays, cleansers, shampoos, aftershave lotions, and nail polishes extensively because they understand the important of skincare The increasing awareness of the damaging effects of sunrays has led to a huge user base for anti-aging and sun protection solutions. Worldwide, the beauty sector brings in about USD 100 billion in income.

In addition to these, agrochemicals contain diethyl phthalate to keep pests and insects away from crops. The need for insecticides is growing as a result of an increase in insect attacks on crops. Pesticides used on animals for food production contain inert chemicals like diethyl phthalate. It is anticipated that this will in turn encourage the use of diethyl phthalate in pesticides and insecticides, which typically increases farmer revenue.